2018 Q4 Form 10-Q Financial Statement

#000008474818000032 Filed on November 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $222.9M $226.9M $206.8M
YoY Change 6.67% 9.71% 25.13%
Cost Of Revenue $144.6M $147.7M $124.6M
YoY Change 8.31% 18.57% 20.58%
Gross Profit $78.38M $79.13M $82.19M
YoY Change 3.82% -3.72% 32.71%
Gross Profit Margin 35.15% 34.88% 39.75%
Selling, General & Admin $41.00M $39.94M $39.01M
YoY Change -14.76% 2.39% 23.88%
% of Gross Profit 52.31% 50.48% 47.46%
Research & Development $8.600M $7.630M $7.411M
YoY Change 7.5% 2.96% 1.6%
% of Gross Profit 10.97% 9.64% 9.02%
Depreciation & Amortization $14.80M $13.20M $11.20M
YoY Change 29.82% 17.86% 20.43%
% of Gross Profit 18.88% 16.68% 13.63%
Operating Expenses $49.50M $47.57M $46.42M
YoY Change -11.76% 2.48% 19.69%
Operating Profit $28.88M $29.64M $39.19M
YoY Change 48.91% -24.37% 69.33%
Interest Expense -$1.800M -$2.000M -$1.639M
YoY Change -190.0% 22.03% 102.1%
% of Operating Profit -6.23% -6.75% -4.18%
Other Income/Expense, Net $400.0K -$680.0K $1.991M
YoY Change -500.0% -134.15% 194.53%
Pretax Income $25.40M $28.60M $40.93M
YoY Change 23.9% -30.11% 71.18%
Income Tax $700.0K $8.870M $15.40M
% Of Pretax Income 2.76% 31.01% 37.62%
Net Earnings $24.50M $19.73M $25.53M
YoY Change 250.0% -22.71% 58.93%
Net Earnings / Revenue 10.99% 8.7% 12.35%
Basic Earnings Per Share $1.07 $1.40
Diluted Earnings Per Share $1.310M $1.06 $1.37
COMMON SHARES
Basic Shares Outstanding 18.39M shares 18.40M shares 18.18M shares
Diluted Shares Outstanding 18.68M shares 18.59M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $167.7M $149.6M $151.0M
YoY Change -7.45% -0.93% -12.97%
Cash & Equivalents $167.7M $149.6M $151.0M
Short-Term Investments
Other Short-Term Assets $10.83M $12.42M $9.925M
YoY Change 2.35% 25.1% 5.98%
Inventory $132.6M $125.9M $114.1M
Prepaid Expenses
Receivables $144.6M $155.7M $138.5M
Other Receivables $4.100M $5.600M $7.100M
Total Short-Term Assets $485.8M $472.3M $425.9M
YoY Change 6.88% 10.9% 8.39%
LONG-TERM ASSETS
Property, Plant & Equipment $242.8M $241.5M $174.9M
YoY Change 35.16% 38.12% 1.14%
Goodwill $264.9M $266.3M $234.6M
YoY Change 11.72% 13.52% 31.55%
Intangibles $177.0M $181.6M $164.1M
YoY Change 10.44% 10.65% 141.67%
Long-Term Investments $18.67M $17.81M $19.34M
YoY Change 1.87% -7.9% 7.83%
Other Assets $3.045M $21.87M $5.472M
YoY Change -47.25% 299.73% 114.59%
Total Long-Term Assets $793.6M $797.1M $655.7M
YoY Change 18.33% 21.57% 31.63%
TOTAL ASSETS
Total Short-Term Assets $485.8M $472.3M $425.9M
Total Long-Term Assets $793.6M $797.1M $655.7M
Total Assets $1.279B $1.269B $1.082B
YoY Change 13.71% 17.36% 21.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.32M $40.00M $35.87M
YoY Change 11.64% 11.52% 26.64%
Accrued Expenses $53.90M $52.30M $54.50M
YoY Change -17.08% -4.04% 22.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $400.0K $400.0K $400.0K
YoY Change 0.0% -89.05%
Total Short-Term Liabilities $107.2M $107.6M $114.0M
YoY Change -5.82% -5.61% 21.03%
LONG-TERM LIABILITIES
Long-Term Debt $228.5M $233.5M $131.2M
YoY Change 74.44% 77.98% 85.25%
Other Long-Term Liabilities $9.596M $4.028M $3.408M
YoY Change 177.02% 18.19% 5.61%
Total Long-Term Liabilities $238.1M $237.5M $134.6M
YoY Change 77.08% 76.46% 81.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $107.2M $107.6M $114.0M
Total Long-Term Liabilities $238.1M $237.5M $134.6M
Total Liabilities $345.3M $345.1M $248.6M
YoY Change 39.07% 38.83% 47.77%
SHAREHOLDERS EQUITY
Retained Earnings $776.4M $752.0M $677.5M
YoY Change 13.42% 10.98% 16.93%
Common Stock $150.8M $148.0M $142.9M
YoY Change 2.42% 3.62% 8.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $848.3M $826.4M $751.1M
YoY Change
Total Liabilities & Shareholders Equity $1.279B $1.269B $1.082B
YoY Change 13.71% 17.36% 21.38%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $24.50M $19.73M $25.53M
YoY Change 250.0% -22.71% 58.93%
Depreciation, Depletion And Amortization $14.80M $13.20M $11.20M
YoY Change 29.82% 17.86% 20.43%
Cash From Operating Activities $33.40M $10.60M $35.40M
YoY Change -14.58% -70.06% -17.48%
INVESTING ACTIVITIES
Capital Expenditures -$10.50M -$59.80M -$8.000M
YoY Change 10.53% 647.5% 63.27%
Acquisitions
YoY Change
Other Investing Activities $600.0K -$78.50M $6.600M
YoY Change -700.0% -1289.39%
Cash From Investing Activities -$9.900M -$138.3M -$1.400M
YoY Change 3.13% 9778.57% -71.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.100M 102.3M -62.20M
YoY Change -950.0% -264.47% -40.59%
NET CHANGE
Cash From Operating Activities 33.40M 10.60M 35.40M
Cash From Investing Activities -9.900M -138.3M -1.400M
Cash From Financing Activities -5.100M 102.3M -62.20M
Net Change In Cash 18.40M -25.40M -28.20M
YoY Change -38.87% -9.93% -57.72%
FREE CASH FLOW
Cash From Operating Activities $33.40M $10.60M $35.40M
Capital Expenditures -$10.50M -$59.80M -$8.000M
Free Cash Flow $43.90M $70.40M $43.40M
YoY Change -9.67% 62.21% -9.21%

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us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
16897000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
2768000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
6718000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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3284000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
8906000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
14020000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
38653000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
15216000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
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43466000 USD
CY2017Q4 us-gaap Equity Method Investments
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18324000 USD
CY2018Q3 us-gaap Equity Method Investments
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17812000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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59270000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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68093000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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4400000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
17800000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
13900000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
14700000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
13300000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
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214810000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
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245137000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
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155540000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
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177044000 USD
CY2017Q3 us-gaap Gain Loss On Disposition Of Assets1
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4387000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5329000 USD
CY2018Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-222000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
161000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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5329000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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161000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
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-3108000 USD
CY2017Q3 us-gaap Gross Profit
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82188000 USD
us-gaap Gross Profit
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243084000 USD
CY2018Q3 us-gaap Gross Profit
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79130000 USD
us-gaap Gross Profit
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232408000 USD
CY2018Q3 us-gaap Gain Loss Related To Litigation Settlement
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0 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
3591000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
237107000 USD
CY2018Q3 us-gaap Goodwill
Goodwill
266304000 USD
us-gaap Goodwill Acquired During Period
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32305000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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40928000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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112439000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
28604000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
85213000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1400000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1384000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3400000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3359000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1642000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1600000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4453000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4500000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
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15396000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38979000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8870000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22014000 USD
us-gaap Income Taxes Paid
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23989000 USD
us-gaap Income Taxes Paid
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23357000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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13325000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-4354000 USD
us-gaap Increase Decrease In Accounts Receivable
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12772000 USD
us-gaap Increase Decrease In Accounts Receivable
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14012000 USD
us-gaap Increase Decrease In Inventories
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16573000 USD
us-gaap Increase Decrease In Inventories
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11840000 USD
us-gaap Increase Decrease In Other Current Assets
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1283000 USD
us-gaap Increase Decrease In Other Current Assets
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-146000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-956000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-3216000 USD
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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4738000 USD
CY2018Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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4574000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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219548000 USD
CY2018Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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249711000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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160278000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
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181618000 USD
CY2018Q3 us-gaap Interest Expense Lessee Assets Under Capital Lease
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100000 USD
us-gaap Interest Expense Lessee Assets Under Capital Lease
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100000 USD
CY2017Q3 us-gaap Interest Income Expense Nonoperating Net
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-1639000 USD
us-gaap Interest Income Expense Nonoperating Net
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-4834000 USD
CY2018Q3 us-gaap Interest Income Expense Nonoperating Net
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-2000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4503000 USD
us-gaap Interest Paid Net
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4539000 USD
us-gaap Interest Paid Net
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4662000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
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41332000 USD
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
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38073000 USD
CY2017Q4 us-gaap Inventory Net
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112557000 USD
CY2018Q3 us-gaap Inventory Net
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125885000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
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43092000 USD
CY2018Q3 us-gaap Inventory Raw Materials Net Of Reserves
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57928000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
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28133000 USD
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
29884000 USD
CY2018Q3 us-gaap Lease Income
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200000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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1125134000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1269425000 USD
CY2017Q4 us-gaap Liabilities Current
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113808000 USD
CY2018Q3 us-gaap Liabilities Current
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107590000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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130982000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
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233482000 USD
us-gaap Loss Contingency Accrual Payments
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5900000 USD
us-gaap Loss Contingency Claims Dismissed Number
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143
us-gaap Loss Contingency Claims Settled And Dismissed Number
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163
us-gaap Loss Contingency Claims Settled Number
LossContingencyClaimsSettledNumber
20
us-gaap Loss Contingency New Claims Filed Number
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194
CY2017Q4 us-gaap Loss Contingency Pending Claims Number
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687
CY2018Q3 us-gaap Loss Contingency Pending Claims Number
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718
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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93779000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-68699000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-157535000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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99851000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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33424000 USD
CY2017Q3 us-gaap Net Income Loss
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25532000 USD
us-gaap Net Income Loss
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73460000 USD
CY2018Q3 us-gaap Net Income Loss
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19734000 USD
us-gaap Net Income Loss
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63199000 USD
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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22649000 USD
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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-8593000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
39192000 USD
us-gaap Operating Income Loss
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110544000 USD
CY2018Q3 us-gaap Operating Income Loss
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29642000 USD
us-gaap Operating Income Loss
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85910000 USD
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10580000 USD
CY2018Q3 us-gaap Other Assets Current
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12416000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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5772000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
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21873000 USD
CY2017Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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35000 USD
CY2018Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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6407000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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23136000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-1608000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-9901000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6171000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
22942000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1353000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-8462000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-35000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-115000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-222000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-36000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-44000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-131000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-51000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-487000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
211000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1308000 USD
CY2017Q4 us-gaap Other Liabilities Current
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25629000 USD
CY2018Q3 us-gaap Other Liabilities Current
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24686000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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3464000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
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4028000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1991000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3370000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-680000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-647000 USD
CY2017Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
4387000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
5329000 USD
CY2018Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-863000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
3111000 USD
CY2017Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
1685000 USD
CY2018Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
1685000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2999000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1169000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
60191000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
78571000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
0 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
43434000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17678000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36557000 USD
us-gaap Pension Contributions
PensionContributions
372000 USD
CY2018Q3 us-gaap Pension Contributions
PensionContributions
25000000 USD
us-gaap Pension Contributions
PensionContributions
25347000 USD
CY2017Q4 us-gaap Prepaid Taxes
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3087000 USD
CY2018Q3 us-gaap Prepaid Taxes
PrepaidTaxes
2820000 USD
CY2017Q3 us-gaap Proceeds From Financing Revenue Received Under Leases
ProceedsFromFinancingRevenueReceivedUnderLeases
0 USD
us-gaap Proceeds From Financing Revenue Received Under Leases
ProceedsFromFinancingRevenueReceivedUnderLeases
0 USD
CY2018Q3 us-gaap Proceeds From Financing Revenue Received Under Leases
ProceedsFromFinancingRevenueReceivedUnderLeases
-237000 USD
us-gaap Proceeds From Financing Revenue Received Under Leases
ProceedsFromFinancingRevenueReceivedUnderLeases
-237000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1040000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
932000 USD
us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
0 USD
us-gaap Proceeds From Issuance Of Common Stock
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1926000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
734000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
102500000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8130000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1027000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
895000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1082000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
179611000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
241504000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-553000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-264000 USD
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-258000 USD
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-131000 USD
CY2017Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
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69200000 USD
us-gaap Repayments Of Debt
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110285000 USD
us-gaap Repayments Of Debt
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1046000 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7411000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21512000 USD
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7630000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24514000 USD
CY2017Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
962000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
2767000 USD
CY2018Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1052000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
2015000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
684540000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
751951000 USD
CY2018Q3 us-gaap Revenues
Revenues
226863000 USD
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
Performance obligations are typically satisfied within three months of receipt of a customer order; therefore, a change in cost estimates will not have a material impact on the percentage of completion noted at the prior quarter end. Our typical payment terms with customers range from 30 days to 105 days
CY2017Q3 us-gaap Revenues
Revenues
206783000 USD
us-gaap Revenues
Revenues
612035000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
734000 USD
us-gaap Revenues
Revenues
656149000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39010000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
113590000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39943000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
123080000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8508000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8536000 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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us-gaap Basis Of Accounting
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As used herein, the terms &#8220;Company,&#8221; &#8220;Rogers,&#8221; &#8220;we,&#8221; &#8220;us,&#8221; &#8220;our&#8221; and similar terms mean Rogers Corporation and its subsidiaries, unless the context indicates otherwise.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information. Accordingly, these statements do not include all of the information and footnotes required by GAAP for complete financial statements. In our opinion, the accompanying condensed consolidated financial statements include all normal recurring adjustments necessary for their fair presentation in accordance with GAAP. All significant intercompany transactions have been eliminated.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASU 2017-07, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation&#160;-&#160;Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Post-Retirement Benefit Cost</font><font style="font-family:inherit;font-size:10pt;">. Upon adoption, the Company reclassified </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.2 million</font><font style="font-family:inherit;font-size:10pt;"> in net periodic pension benefits from Selling, general and administrative expenses (SG&amp;A) to &#8220;Other income (expense), net&#8221; for the </font><font style="font-family:inherit;font-size:10pt;">three and nine months ended September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively. See Note 21, &#8220;Recent Accounting Standards&#8221; for further information.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interim results are not necessarily indicative of results for a full year. For further information regarding our accounting policies, refer to the audited consolidated financial statements and footnotes thereto included in our Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes the change in number of asbestos claims outstanding during the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:8px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Asbestos Claims</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Claims outstanding at December 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">687</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">New claims filed</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">194</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Pending claims concluded</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(163</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Claims outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">718</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>

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