(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | |||||||||
par value $1.00 per share |
Exhibit No. | Description | |||||||
99.1 | ||||||||
99.2 | ||||||||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
ROGERS CORPORATION | |||||||||||||||||||||||
(Registrant) | |||||||||||||||||||||||
Date: November 8, 2022 | By: | /s/ Jay B. Knoll | |||||||||||||||||||||
Jay B. Knoll | |||||||||||||||||||||||
Senior Vice President, Corporate Development, General Counsel and Corporate Secretary |
GAAP Results | Q3 2022 | Q2 2022 | Q3 2021 | ||||||||
Net Sales ($M) | $247.2 | $252.0 | $238.3 | ||||||||
Gross Margin | 31.6% | 34.3% | 38.5% | ||||||||
Operating Margin | 7.5% | 9.3% | 14.2% | ||||||||
Net Income ($M) | $14.8 | $17.9 | $25.1 | ||||||||
Net Income Margin | 6.0% | 7.1% | 10.5% | ||||||||
Diluted Earnings Per Share | $0.78 | $0.94 | $1.33 | ||||||||
Net Cash Provided by Operating Activities | $13.5 | $2.0 | $39.9 | ||||||||
Non-GAAP Results1 | Q3 2022 | Q2 2022 | Q3 2021 | ||||||||
Adjusted Operating Margin | 10.8% | 12.1% | 17.2% | ||||||||
Adjusted Net Income ($M) | $21.2 | $23.2 | $30.9 | ||||||||
Adjusted Earnings Per Diluted Share | $1.11 | $1.22 | $1.64 | ||||||||
Adjusted EBITDA ($M) | $39.7 | $45.4 | $54.2 | ||||||||
Adjusted EBITDA Margin | 16.0% | 18.0% | 22.7% | ||||||||
Free Cash Flow ($M) | $(20.3) | $(22.9) | $17.9 | ||||||||
Net Sales by Operating Segment (dollars in millions) | Q3 2022 | Q2 2022 | Q3 2021 | ||||||||
Advanced Electronics Solutions (AES) | $130.6 | $141.2 | $135.0 | ||||||||
Elastomeric Material Solutions (EMS) | $111.0 | $105.1 | $98.0 | ||||||||
Other | $5.6 | $5.7 | $5.3 |
Three Months Ended | Nine Months Ended | ||||||||||||||||||||||
(DOLLARS AND SHARES IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) | September 30, 2022 | September 30, 2021 | September 30, 2022 | September 30, 2021 | |||||||||||||||||||
Net sales | $ | 247,231 | $ | 238,263 | $ | 747,467 | $ | 702,434 | |||||||||||||||
Cost of sales | 169,167 | 146,609 | 497,491 | 431,448 | |||||||||||||||||||
Gross margin | 78,064 | 91,654 | 249,976 | 270,986 | |||||||||||||||||||
Selling, general and administrative expenses | 50,653 | 47,886 | 164,496 | 135,258 | |||||||||||||||||||
Research and development expenses | 9,140 | 7,531 | 25,450 | 22,195 | |||||||||||||||||||
Restructuring and impairment charges | 373 | 1,007 | 1,119 | 3,260 | |||||||||||||||||||
Other operating (income) expense, net | (578) | 1,431 | (2,852) | 3,536 | |||||||||||||||||||
Operating income | 18,476 | 33,799 | 61,763 | 106,737 | |||||||||||||||||||
Equity income in unconsolidated joint ventures | 1,162 | 1,773 | 4,237 | 5,884 | |||||||||||||||||||
Pension settlement charges | — | (534) | — | (534) | |||||||||||||||||||
Other income (expense), net | 977 | (469) | 1,563 | 3,738 | |||||||||||||||||||
Interest expense, net | (2,942) | (441) | (5,559) | (1,452) | |||||||||||||||||||
Income before income tax expense | 17,673 | 34,128 | 62,004 | 114,373 | |||||||||||||||||||
Income tax expense | 2,835 | 8,999 | 12,683 | 29,371 | |||||||||||||||||||
Net income | $ | 14,838 | $ | 25,129 | $ | 49,321 | $ | 85,002 | |||||||||||||||
Basic earnings per share | $ | 0.79 | $ | 1.34 | $ | 2.62 | $ | 4.54 | |||||||||||||||
Diluted earnings per share | $ | 0.78 | $ | 1.33 | $ | 2.60 | $ | 4.51 | |||||||||||||||
Shares used in computing: | |||||||||||||||||||||||
Basic earnings per share | 18,818 | 18,740 | 18,804 | 18,727 | |||||||||||||||||||
Diluted earnings per share | 18,999 | 18,874 | 18,997 | 18,831 |
(DOLLARS AND SHARES IN THOUSANDS, EXCEPT PAR VALUE) | September 30, 2022 | December 31, 2021 | |||||||||
Assets | |||||||||||
Current assets | |||||||||||
Cash and cash equivalents | $ | 236,461 | $ | 232,296 | |||||||
Accounts receivable, less allowance for doubtful accounts of $1,227 and $1,223 | 162,929 | 163,092 | |||||||||
Contract assets | 41,809 | 36,610 | |||||||||
Inventories | 173,610 | 133,384 | |||||||||
Prepaid income taxes | 4,008 | 1,921 | |||||||||
Asbestos-related insurance receivables, current portion | 3,361 | 3,176 | |||||||||
Other current assets | 15,500 | 13,586 | |||||||||
Total current assets | 637,678 | 584,065 | |||||||||
Property, plant and equipment, net of accumulated depreciation of $368,270 and $367,850 | 374,984 | 326,967 | |||||||||
Investments in unconsolidated joint ventures | 12,974 | 16,328 | |||||||||
Deferred income taxes | 41,873 | 32,671 | |||||||||
Goodwill | 338,312 | 370,189 | |||||||||
Other intangible assets, net of amortization | 150,148 | 176,353 | |||||||||
Pension assets | 5,461 | 5,123 | |||||||||
Asbestos-related insurance receivables, non-current portion | 55,516 | 59,391 | |||||||||
Other long-term assets | 8,844 | 27,479 | |||||||||
Total assets | $ | 1,625,790 | $ | 1,598,566 | |||||||
Liabilities and Shareholders’ Equity | |||||||||||
Current liabilities | |||||||||||
Accounts payable | $ | 57,200 | $ | 64,660 | |||||||
Accrued employee benefits and compensation | 35,978 | 48,196 | |||||||||
Accrued income taxes payable | 4,046 | 9,632 | |||||||||
Asbestos-related liabilities, current portion | 4,048 | 3,841 | |||||||||
Other accrued liabilities | 36,644 | 37,620 | |||||||||
Total current liabilities | 137,916 | 163,949 | |||||||||
Borrowings under revolving credit facility | 290,000 | 190,000 | |||||||||
Pension and other postretirement benefits liabilities | 1,495 | 1,618 | |||||||||
Asbestos-related liabilities, non-current portion | 60,167 | 64,491 | |||||||||
Non-current income tax | 8,013 | 7,131 | |||||||||
Deferred income taxes | 24,599 | 29,451 | |||||||||
Other long-term liabilities | 13,747 | 23,031 | |||||||||
Shareholders’ equity | |||||||||||
Capital stock - $1 par value; 50,000 authorized shares; 18,812 and 18,730 shares issued and outstanding | 18,812 | 18,730 | |||||||||
Additional paid-in capital | 165,276 | 163,583 | |||||||||
Retained earnings | 1,031,146 | 981,825 | |||||||||
Accumulated other comprehensive loss | (125,381) | (45,243) | |||||||||
Total shareholders' equity | 1,089,853 | 1,118,895 | |||||||||
Total liabilities and shareholders' equity | $ | 1,625,790 | $ | 1,598,566 |
2022 | 2021 | ||||||||||
Operating margin | Q3 | Q2 | Q3 | ||||||||
GAAP operating margin | 7.5% | 9.3% | 14.2% | ||||||||
Acquisition and related integration costs | —% | 0.1% | 0.4% | ||||||||
Restructuring, severance, impairment and other related costs | 0.5% | 0.4% | 0.7% | ||||||||
UTIS fire (recovery)/charges | (0.2)% | (0.7)% | 0.6% | ||||||||
Costs associated with the proposed DuPont acquisition | 1.4% | 1.4% | —% | ||||||||
Total discrete items | 1.7% | 1.1% | 1.7% | ||||||||
Operating margin adjusted for discrete items | 9.2% | 10.4% | 15.9% | ||||||||
Acquisition intangible amortization | 1.7% | 1.7% | 1.3% | ||||||||
Adjusted operating margin | 10.8% | 12.1% | 17.2% |
(amounts in millions) | 2022 | 2021 | |||||||||
Net income | Q3 | Q2 | Q3 | ||||||||
GAAP net income | $ | 14.8 | $ | 17.9 | $ | 25.1 | |||||
Acquisition and related integration costs | 0.1 | 0.1 | 1.0 | ||||||||
Pension settlement charges | — | — | 0.5 | ||||||||
Restructuring, severance, impairment and other related costs | 1.3 | 1.0 | 1.7 | ||||||||
UTIS fire (recovery)/charges | (0.6) | (1.7) | 1.4 | ||||||||
Costs associated with the proposed DuPont acquisition | 3.4 | 3.4 | — | ||||||||
Acquisition intangible amortization | 4.1 | 4.2 | 3.1 | ||||||||
Income tax effect of non-GAAP adjustments and intangible amortization | (2.0) | (1.7) | (2.0) | ||||||||
Adjusted net income | $ | 21.2 | $ | 23.2 | $ | 30.9 |
2022 | 2021 | ||||||||||
Earnings per diluted share | Q3 | Q2 | Q3 | ||||||||
GAAP earnings per diluted share | $ | 0.78 | $ | 0.94 | $ | 1.33 | |||||
Acquisition and related integration costs | — | — | 0.04 | ||||||||
Pension settlement charges | — | — | 0.02 | ||||||||
Restructuring, severance, impairment and other related costs | 0.05 | 0.04 | 0.07 | ||||||||
UTIS fire (recovery)/charges | (0.02) | (0.07) | 0.06 | ||||||||
Costs associated with the proposed DuPont acquisition | 0.14 | 0.14 | — | ||||||||
Total discrete items | $ | 0.17 | $ | 0.11 | $ | 0.19 | |||||
Earnings per diluted share adjusted for discrete items | 0.95 | 1.05 | 1.52 | ||||||||
Acquisition intangible amortization | $ | 0.16 | $ | 0.17 | $ | 0.12 | |||||
Adjusted earnings per diluted share | $ | 1.11 | $ | 1.22 | $ | 1.64 |
2022 | 2021 | ||||||||||
(amounts in millions) | Q3 | Q2 | Q3 | ||||||||
GAAP Net income | $ | 14.8 | $ | 17.9 | $ | 25.1 | |||||
Interest expense, net | 2.9 | 1.5 | 0.4 | ||||||||
Income tax expense | 2.8 | 6.1 | 9.0 | ||||||||
Depreciation | 7.3 | 8.0 | 7.0 | ||||||||
Amortization | 4.1 | 4.2 | 3.1 | ||||||||
Stock-based compensation expense | 3.5 | 4.9 | 4.8 | ||||||||
Acquisition and related integration costs | 0.1 | 0.1 | 1.0 | ||||||||
Pension settlement charges | — | — | 0.5 | ||||||||
Restructuring, severance, impairment and other related costs | 1.3 | 1.0 | 1.8 | ||||||||
UTIS fire (recovery)/charges | (0.6) | (1.7) | 1.4 | ||||||||
Costs associated with the proposed DuPont acquisition | 3.4 | 3.4 | — | ||||||||
Adjusted EBITDA | $ | 39.7 | $ | 45.4 | $ | 54.2 |
2022 | 2021 | ||||||||||
Q3 | Q2 | Q3 | |||||||||
Adjusted EBITDA (in millions) | $ | 39.7 | $ | 45.4 | $ | 54.2 | |||||
Divided by Total Net Sales (in millions) | 247.2 | 252.0 | 238.3 | ||||||||
Adjusted EBITDA Margin | 16.0 | % | 18.0 | % | 22.7 | % |
2022 | 2021 | ||||||||||
(amounts in millions) | Q3 | Q2 | Q3 | ||||||||
Net cash provided by operating activities | $ | 13.5 | $ | 2.0 | $ | 39.9 | |||||
Non-acquisition capital expenditures | (33.8) | (25.0) | (22.0) | ||||||||
Free cash flow | $ | (20.3) | $ | (22.9) | $ | 17.9 |
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end
[9T%>!S7U8:34IHT::AMDL*?-,Q-TS: $@0DS4BW*!'CPWZ]:M
M3PHU K;>_<&U\ZXC @RXMH 1UQ)/#/< D$/("J#BON5X@ <&GO:N5;.V)I$#
M; !J37 *TF)D9PU5,9J+XS/YGY>+
M X2EMQ$Q92X9]*0L/Z 'CPTAK*)%BTK.G#FE -I&%@@-(5A'3-FG!H'O#48><(=A%$P
MC(0XO$1B0B\821*3#Q\.Z),ZGA",.N$FC#Q/UWA&6 @SC!PQ2G-(@)OYB9X=
M[U ?T'2K-F+63@P$'2MV\__0UV
M=N=(^RY:O,A!?P>]OX<.&78)]!#&):Q&TC_ Q_K>O?I(UZ[!,&L[=TY 'L=J
MX7Z/[=MUU-\Y#P
IV$Z> !8TV'3'C'@QZ^.^1@!#<_AHVP QZ*MFW;:S@'M_S2I
I8(0F/8LM*@2,WI 8Y;
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M>^_2_GDR(AEZVN>5SYT19R$9]7^3V\F1TR?J8+FM'@R6PRBMVC]Q,/18,.U]5N'J83%D+>J
M?RD5>]67(7/&R((U2_15#HSL.G_ZG(:LU(OC.HWT[IBRNVA?.K>(4=RQ=#?F
MGOR '@PL,PI_^NFG\LHKKRC85*U:54$!0_C\\\_+[W[W.WVK>/OV[:55JU9)
MX!*NO-1DT).R#'I2ET&//S+HR>:B ^ FF+9TCLZ/L_?@?OU1 3K>+,?IW0F9
M+A7M3>>_9>L6V;IM:T1HRY8M:M SXE[QR].#PC1L'3*SCF=@^Q#""5>'S"Y"?^'.)SU$&"=<'3*KK ]*
M71G9!V55&?283":3R63*%C+H,9E,)I/)E"UDT&,RF4PFDRE;R*#'9#*93"93
MMI!!C\ED,IE,IFPA@QZ3R60RF4S90@8])I/)9#*9LH4,>C*)CAT_)J=.GU+%
MQ0??S%"5U_/.ZXKHM/B-?/7#B^9QW;'SUV])+M0LN/=#&OQHF3)_3\$DXF
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M9LZ
IX<$>18\I:W;M-:'#AY ^0VQ<*_QT%&Q8C"'[KS[
MQ_U#>0!DN&.:TD<&/==9&"PZ##K>@@4+:J(MAHJDN;BX..V$:M>IK6FS_\H]W[S7))N^^I1
M>;O&5Y= 3XL6+:1ITZ:R?L-Z]801*B1$!UCTZ=M':M:LJ6V*"#%AY/E;JE0I
M]<)@Y/OTZ:/>+MJ/\Z/MV.[TV=-)$.K5C;8>.&B@M@T>$
<&'PG1%U1AQP5AW+E\+,\>X7_M:U^;
M_N[O_FY 2+_ [2M>\8KTAC>\(?N6WK/WRI "3_==M//D_91\B!\:'(OMI:Z@YE'>V>KS+>
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M777557,]?ZL->F0M2/-('"D? OT+C@SG$/'G**KMKW).- #T
RO'D\'BWS@'G=S @^[;==MOE,Z#C
!T0?"KT4,Y1Q"&D6-8A9N1E
MXA$A9_E$C3 Y\CGQ%M+'CW_\8Z/\TK]72#\DAT) 6,5[]^Y]+&<=!5Z-'R@4
M1"G@Z<0#P%@1GHN2A(?^1.. \,7RCE(/:4;!0N%P&U>PT$,RFS=O;KP9I!40
M[NP%4JBH2/IY;O6.\.]$1_#\>/<8GP\^^,#\&TH3RAH>%,81@J3OCB* PL68
M,_84?L,(%2E41?IY5@C<_???;\@,[TI]!MZ59\>+^9___,=XK?&VX('BW7A?
MG6>42,@TGZ.P%"0RTH#PD&+!FJ.&1\N6+>6YYYXS @&!PSO#>2A9U#[!.;KKI)C/&[)F:"MZ7
M/<+:KY@.!4EC#Y'2Q%KP"O3@P1G%W, ^%IAI!1E3R2A>-8TRC-*(THK>Q-]0Q#A/%@
M\>_4),##'.[B6:$@_1CR'GWT4:,0JS&(-8+'DZO!,(YY%1A?J,6 1Q&C).M9
MYXJ] I&D-@IDD_H0&&R(;-&UQUZ'=$#LJ"$1JL)BP88E_<$!1AYD,SH*LH4S
MD;6#?-:Z%L@(UE D93-@[U/DF+6*45K)+ U23;06Q@EN 0@'?"']1$5AD".,
MGUH)[#6]*4C/&71!TCXQ,(X8,<* ,<(;6.-!L<&JPA]AGG&?4K
M*!:*4P)#@Z;]J;$!8QQ&*(KV8?PD /*MP6,-^Z[Z<]&IL] &[VGX5[]ZZ$5]ZQ827^KF:!Y2V-\$Z/QY_#
M-N$[VY9X/*$P\KHI8"86)NTUI?VL+.@;L9U 1$1$1$3DW9A4H3_""OV/[%]G
M2JRO>)=EUI?S=4?($DPY&@B_PA/(L=<.>VY8SFZWVQ%9D(JG8GSQK6V+\1F?
M&1Z/S6/P_BMZ/=[(.C2L62## #1WM0],*F"@#)][Y#/JRO'&
MJ0@\LN]M?"-HP9CO_YY]*_!:YD&<:BQ%74>K>6VY3A](KRG#UE,Q>#3,\V,!
MW2].5CR?M =[R]-,OP.7GOX^%-EJ$5.2!%A?C&RJ;&-]897% -(N/8#2CWAK)!4%%>419Y%BU82
MT6?^CC<1K[D74GM\ ><#H>T8;M@K51$0YI<:$1A7
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MVL%OG#'9X9">-6O7RPUG)I#
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M21!;0O_##0P1U!8AX@A9I7**]4N]
QFYOMV&.-/?V@
M/^X+68Z;?&8H]'^ N/94
7IYAB\SA$AMZVM
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MY+W2X_#SO:_C5K\YN'JK9UW\K_*:BKMVOX0_Q7HAJ.@DFKJ
@HW6/?^_*G=J'#:ALKP74T(NWJZ
MD5M5AK#4$W@JTAM?\)OMT=A7# ;_+P;,Q2NIX:;ZH6M$(.<) ;F590@=/"'
MT^J'D=?G F9C>7J$"?PC)Q9$1$1$1$3>K4D5^F/23V%:E"^^&C /-W@_:[JP
M7^H@_4&Z/F0%Z"NW/(E_V[L<@9H7L6V.@1G',7T:#_78?>CN[C&KL^;J
MZC*3 6.]NLS5_