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Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2012
Joint Ventures Accounted for Under Equity Method of Accounting
As of June 30, 2012, we had two joint ventures, each 50% owned, which are accounted for under the equity method of accounting.
 
Joint Venture
Location
Reportable Segment
Fiscal Year-End
       
Rogers INOAC Corporation (RIC)
Japan
High Performance Foams
October 31
Rogers INOAC Suzhou Corporation (RIS)
China
High Performance Foams
December 31
Summarized Information for Joint Ventures
The summarized financial information for the joint ventures for the periods indicated is as follows:

(Dollars in thousands)
 
Three Months Ended
   
Six Months Ended
 
   
June 30, 2012
   
June 30, 2011
   
June 30, 2012
   
June 30, 2011
 
Net sales
  $ 15,880     $ 16,783     $ 28,685     $ 34,863  
Gross profit (loss)
    2,608       3,211       4,433       7,535  
Net income (loss)
    2,610       2,646       3,924       5,502