Acquisition (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of assets acquired and liabilities assumed

The following table represents the fair market values assigned to the acquired assets and liabilities in the transaction:



(Dollars in thousands)	January 22, 2015
Assets:
Cash	$	142
Accounts receivable	17,301
Other current assets	856
Inventory	9,916
Deferred income tax assets, current	1,084
Property, plant & equipment	30,667
Intangible assets	50,020
Goodwill	85,803
Other long-term assets	106
Total assets	195,895

Liabilities:
Accounts payable	4,958
Other current liabilities	4,385
Deferred tax liability	23,463
Other long-term liabilities	4,540
Total liabilities	37,346

Fair value of net assets acquired	$	158,549

Business acquisition, pro forma information

The following unaudited pro forma financial information presents the combined results of operations of Rogers and Arlon for the year and quarter ended December 31, 2014, as if the acquisition had occurred on January 1, 2014. The unaudited pro forma financial information is not intended to represent or be indicative of our consolidated results of operations that would have been reported had the Arlon acquisition been completed as of January 1, 2014 and should not be taken as indicative of our future consolidated results of operations.



	December 31, 2014
(Dollars in thousands)	Year ended		Quarter ended
Net sales	$	714,303	$	173,633
Net income	$	63,751	$	8,814