2020 Q4 Form 10-K Financial Statement

#000008474821000021 Filed on February 19, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $210.7M $802.6M $193.8M
YoY Change 8.72% -10.65% -13.09%
Cost Of Revenue $130.0M $510.8M $129.6M
YoY Change 0.31% -12.54% -10.37%
Gross Profit $80.70M $291.8M $64.20M
YoY Change 25.7% -7.15% -18.08%
Gross Profit Margin 38.31% 36.36% 33.13%
Selling, General & Admin $50.00M $182.3M $41.30M
YoY Change 21.07% 8.06% 0.73%
% of Gross Profit 61.96% 62.46% 64.33%
Research & Development $7.100M $29.32M $8.400M
YoY Change -15.48% -7.46% -2.33%
% of Gross Profit 8.8% 10.05% 13.08%
Depreciation & Amortization $22.80M $29.30M $12.00M
YoY Change 90.0% -6.69% -18.92%
% of Gross Profit 28.25% 10.04% 18.69%
Operating Expenses $57.10M $211.6M $49.80M
YoY Change 14.66% 5.61% 0.61%
Operating Profit $23.60M $67.33M $14.40M
YoY Change 63.88% -39.05% -50.12%
Interest Expense $1.100M -$7.135M $0.00
YoY Change 3.87% -100.0%
% of Operating Profit 4.66% -10.6% 0.0%
Other Income/Expense, Net $2.200M $3.513M $400.0K
YoY Change 450.0% -693.41% 0.0%
Pretax Income $23.30M $68.53M -$38.20M
YoY Change -160.99% 24.32% -250.39%
Income Tax $8.100M $18.54M -$9.500M
% Of Pretax Income 34.76% 27.06%
Net Earnings $15.20M $49.99M -$28.80M
YoY Change -152.78% 5.64% -217.55%
Net Earnings / Revenue 7.22% 6.23% -14.86%
Basic Earnings Per Share $2.68
Diluted Earnings Per Share $812.8K $2.67 -$1.548M
COMMON SHARES
Basic Shares Outstanding 18.68M shares 18.68M shares 18.57M shares
Diluted Shares Outstanding 18.71M shares

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $191.8M $191.8M $166.8M
YoY Change 14.99% 14.99% -0.54%
Cash & Equivalents $191.8M $191.8M $166.8M
Short-Term Investments
Other Short-Term Assets $13.09M $16.10M $10.84M
YoY Change 20.76% 5.23% 0.08%
Inventory $102.4M $102.4M $132.9M
Prepaid Expenses
Receivables $134.4M $161.0M $122.3M
Other Receivables $3.000M $3.000M $4.300M
Total Short-Term Assets $474.2M $474.2M $464.1M
YoY Change 2.17% 2.18% -4.46%
LONG-TERM ASSETS
Property, Plant & Equipment $276.6M $276.6M $264.9M
YoY Change 4.42% 4.42% 9.12%
Goodwill $270.2M $262.9M
YoY Change 2.75% -0.74%
Intangibles $118.0M $158.9M
YoY Change -25.75% -10.2%
Long-Term Investments $15.25M $15.20M $16.46M
YoY Change -7.37% -7.88% -11.82%
Other Assets $16.25M $46.00M $6.564M
YoY Change 147.62% 44.65% 115.57%
Total Long-Term Assets $789.8M $789.8M $809.1M
YoY Change -2.38% -2.39% 1.96%
TOTAL ASSETS
Total Short-Term Assets $474.2M $474.2M $464.1M
Total Long-Term Assets $789.8M $789.8M $809.1M
Total Assets $1.264B $1.264B $1.273B
YoY Change -0.72% -0.72% -0.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.99M $36.00M $33.02M
YoY Change 8.99% 9.09% -18.11%
Accrued Expenses $58.60M $58.60M $51.20M
YoY Change 14.45% 14.45% -5.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.800M $4.800M $400.0K
YoY Change 1100.0% 1100.0% 0.0%
Total Short-Term Liabilities $111.5M $111.5M $100.2M
YoY Change 11.26% 11.28% -6.49%
LONG-TERM LIABILITIES
Long-Term Debt $25.00M $25.30M $123.0M
YoY Change -79.67% -80.09% -46.17%
Other Long-Term Liabilities $10.79M $98.00M $13.97M
YoY Change -22.79% -4.58% 45.61%
Total Long-Term Liabilities $35.79M $123.3M $137.0M
YoY Change -73.87% -46.34% -42.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $111.5M $111.5M $100.2M
Total Long-Term Liabilities $35.79M $123.3M $137.0M
Total Liabilities $147.3M $243.3M $237.2M
YoY Change -37.9% -28.29% -31.3%
SHAREHOLDERS EQUITY
Retained Earnings $873.7M $823.7M
YoY Change 6.07% 6.09%
Common Stock $166.6M $157.1M
YoY Change 6.07% 4.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.021B $1.021B $933.9M
YoY Change
Total Liabilities & Shareholders Equity $1.264B $1.264B $1.273B
YoY Change -0.72% -0.72% -0.48%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $15.20M $49.99M -$28.80M
YoY Change -152.78% 5.64% -217.55%
Depreciation, Depletion And Amortization $22.80M $29.30M $12.00M
YoY Change 90.0% -6.69% -18.92%
Cash From Operating Activities $51.40M $165.1M $45.60M
YoY Change 12.72% 2.31% 36.53%
INVESTING ACTIVITIES
Capital Expenditures -$11.50M $40.39M -$12.80M
YoY Change -10.16% -21.73% 21.9%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$11.50M -$40.39M -$12.80M
YoY Change -10.16% -17.52% 29.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -37.20M -$104.2M -7.800M
YoY Change 376.92% -6.84% 52.94%
NET CHANGE
Cash From Operating Activities 51.40M $165.1M 45.60M
Cash From Investing Activities -11.50M -$40.39M -12.80M
Cash From Financing Activities -37.20M -$104.2M -7.800M
Net Change In Cash 2.700M $24.94M 25.00M
YoY Change -89.2% -2904.95% 35.87%
FREE CASH FLOW
Cash From Operating Activities $51.40M $165.1M $45.60M
Capital Expenditures -$11.50M $40.39M -$12.80M
Free Cash Flow $62.90M $124.7M $58.40M
YoY Change 7.71% 13.62% 33.03%

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12790000 USD
CY2020Q4 rog Asbestos Related Insurance Receivables Noncurrent
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CY2019Q4 rog Asbestos Related Insurance Receivables Noncurrent
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CY2019Q4 us-gaap Assets
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CY2019Q4 us-gaap Liabilities Current
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CY2019Q4 us-gaap Long Term Debt Noncurrent
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CY2019Q4 us-gaap Common Stock Shares Issued
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53213000 USD
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160000 USD
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1720000 USD
CY2018 us-gaap Other Increase Decrease In Environmental Liabilities
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704000 USD
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-41000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-756000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
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164000 USD
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639000 USD
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1537000 USD
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1506000 USD
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437000 USD
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236000 USD
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4120000 USD
CY2019 rog Increase Decreasein Contract Assetsand Liabilities
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22728000 USD
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1200000 USD
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217000 USD
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1519000 USD
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648000 USD
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-10072000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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-4321000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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66820000 USD
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
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43434000 USD
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2625000 USD
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150000000 USD
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102500000 USD
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CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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344000 USD
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861000 USD
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1082000 USD
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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24936000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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166849000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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167738000 USD
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181159000 USD
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191785000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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166849000 USD
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167738000 USD
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3420000 USD
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17593000 USD
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29161000 USD
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3 Segment
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900000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-900000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-700000 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
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<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Allowance for Credit Losses</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In 2020, we adopted Accounting Standards Update No. 2016-13, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">using the modified retrospective transition method. Upon adoption, we changed our impairment model to utilize a current expected credit losses (CECL) model in place of the incurred loss methodology for financial instruments measured at amortized cost, including our accounts receivable. CECL estimates on accounts receivable are recorded as selling, general and administrative expenses on our consolidated statements of operations. The cumulative effect adjustment from adoption was immaterial to our consolidated financial statements.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The allowance for credit losses is determined based on a variety of factors that affect the potential collectability of the related receivables, including the length of time receivables are past due, customer credit ratings, financial stability of customers, specific one-time events and past customer history. In addition, in circumstances where we are made aware of a specific customer’s inability to meet its financial obligations, a specific allowance is established. The majority of accounts are individually evaluated on a regular basis and appropriate reserves are established as deemed appropriate based on the criteria previously mentioned. The remainder of the reserve is based on our estimates and takes into consideration historical trends, market conditions and the composition of our customer base.</span></div>
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CY2019Q4 us-gaap Inventory Work In Process
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CY2019Q4 us-gaap Inventory Finished Goods
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41478000 USD
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102360000 USD
CY2019Q4 us-gaap Inventory Net
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132859000 USD
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300000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
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200000 USD
CY2020 us-gaap Number Of Reporting Units
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4 reporting_unit
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
CY2019 rog Significant Credit Losses Amount
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0 USD
CY2020 rog Significant Credit Losses Amount
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0 USD
CY2018 rog Significant Credit Losses Amount
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0 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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2400000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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1600000 USD
CY2020Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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3800000 USD
CY2020 us-gaap Advertising Expense
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2200000 USD
CY2019 us-gaap Advertising Expense
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3600000 USD
CY2018 us-gaap Advertising Expense
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3800000 USD
CY2019 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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-12240000 USD
CY2019 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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-44169000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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31929000 USD
CY2020 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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24658000 USD
CY2020 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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-2672000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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27330000 USD
CY2020Q4 rog Accumulated Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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1951000 USD
CY2019Q4 rog Accumulated Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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2368000 USD
CY2018Q4 rog Accumulated Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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9984000 USD
CY2020Q4 rog Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Tax
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0 USD
CY2019Q4 rog Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesTax
282000 USD
CY2018Q4 rog Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesTax
-106000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
562032000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
537785000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
365844000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
341119000 USD
CY2020Q4 rog Property Plantand Equipment Before Equipmentin Process
PropertyPlantandEquipmentBeforeEquipmentinProcess
196188000 USD
CY2019Q4 rog Property Plantand Equipment Before Equipmentin Process
PropertyPlantandEquipmentBeforeEquipmentinProcess
196666000 USD
CY2020Q4 rog Equipment In Process
EquipmentInProcess
76190000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11900000 USD
CY2019Q4 rog Equipment In Process
EquipmentInProcess
63580000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
272378000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
260246000 USD
CY2020 us-gaap Depreciation
Depreciation
29300000 USD
CY2019 us-gaap Depreciation
Depreciation
31400000 USD
CY2018 us-gaap Depreciation
Depreciation
33500000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
262930000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
7242000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
270172000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
247711000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
134530000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
113181000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
243589000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
89074000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
154515000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4845000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4845000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4432000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4432000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
252556000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
134530000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
118026000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
248021000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
89074000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
158947000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
42100000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17800000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
12400000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8500000 USD
CY2020 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y5M12D
CY2020 us-gaap Net Income Loss
NetIncomeLoss
49990000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
47319000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
87651000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18681000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18573000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18374000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
25000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
140000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
285000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18706000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18713000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18659000 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.68
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.55
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.77
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.67
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.53
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.70
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8454 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20520 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
36642 shares
CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
1334462 shares
CY2019Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
1478842 shares
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
6500000 USD
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
7200000 USD
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
6100000 USD
CY2020 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
700000 USD
CY2018 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
600000 USD
CY2019 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
600000 USD
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
3257000 USD
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
3119000 USD
CY2018 us-gaap Operating Lease Expense
OperatingLeaseExpense
3850000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
464000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
192000 USD
CY2018 us-gaap Short Term Lease Cost
ShortTermLeaseCost
112000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
2893000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
2967000 USD
CY2018 us-gaap Operating Lease Payments
OperatingLeasePayments
3850000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7017000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6280000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4216000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4656000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4755000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
400000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
322000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4140000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
5077000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
4540000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2275000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2343000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2219000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2334000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4494000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4677000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4787000 USD
CY2020Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year One
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearOne
2435000 USD
CY2020Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year One
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearOne
93000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2342000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
194000 USD
CY2020Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year Two
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearTwo
1513000 USD
CY2020Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year Two
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearTwo
101000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1412000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
187000 USD
CY2020Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year Three
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearThree
788000 USD
CY2020Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year Three
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearThree
65000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
723000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2020Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year Four
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearFour
299000 USD
CY2020Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year Four
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearFour
40000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
259000 USD
CY2020Q4 rog Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2020Q4 rog Lessee Operating Lease Commenced Liability Payments Due After Year Four
LesseeOperatingLeaseCommencedLiabilityPaymentsDueAfterYearFour
42000 USD
CY2020Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due After Year Four
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueAfterYearFour
37000 USD
CY2020Q4 rog Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
5168000 USD
CY2020Q4 rog Lessee Operating Lease Commenced Liability Payments Due
LesseeOperatingLeaseCommencedLiabilityPaymentsDue
5077000 USD
CY2020Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDue
336000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4741000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
91000 USD
CY2020Q4 rog Lessee Operating Lease Commenced Liability Undiscounted Excess Amount
LesseeOperatingLeaseCommencedLiabilityUndiscountedExcessAmount
259000 USD
CY2020Q4 rog Lessee Operating Lease Not Yet Commenced Liability Undiscounted Excess Amount
LesseeOperatingLeaseNotYetCommencedLiabilityUndiscountedExcessAmount
12000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
247000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
5077000 USD
CY2020Q4 rog Operating Lease Commenced Liability
OperatingLeaseCommencedLiability
4818000 USD
CY2020Q4 rog Operating Lease Not Yet Commenced Liability
OperatingLeaseNotYetCommencedLiability
324000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4494000 USD
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0307
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0457
CY2019 rog Numberof Qualified Noncontributory Defined Benefit Plans
NumberofQualifiedNoncontributoryDefinedBenefitPlans
2 plan
CY2020 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2020Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Projected Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfProjectedBenefitObligationProjectedBenefitObligation
30000000.0 USD
CY2020Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationProjectedBenefitObligation
30000000.0 USD
CY2020Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsAccumulatedBenefitObligation
30000000.0 USD
CY2020Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationAccumulatedBenefitObligation
30000000.0 USD
CY2020Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Plan Assets
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsPlanAssets
35300000 USD
CY2020Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Plan Assets
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationPlanAssets
35300000 USD
CY2019Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationProjectedBenefitObligation
30000000.0 USD
CY2019Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Projected Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfProjectedBenefitObligationProjectedBenefitObligation
30000000.0 USD
CY2019Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsAccumulatedBenefitObligation
30000000.0 USD
CY2019Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationAccumulatedBenefitObligation
30000000.0 USD
CY2019Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Plan Assets
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsPlanAssets
42800000 USD
CY2019Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Plan Assets
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationPlanAssets
42800000 USD
CY2020 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2020 rog Defined Benefit Plan Ultimate Health Care Cost Trend Rate Annual Change
DefinedBenefitPlanUltimateHealthCareCostTrendRateAnnualChange
-0.0025
CY2019 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2019 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2020 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the change in number of asbestos claims outstanding during 2020 and 2019:</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.853%"><tr><td style="width:1.0%"/><td style="width:70.935%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.516%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.532%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.517%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Claims outstanding as of January 1</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">592</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">745 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">New claims filed</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">115</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">251 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pending claims concluded*</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(146)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(404)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Claims outstanding as of December 31</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">561</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">* For the year ended December 31, 2020, 126 claims were dismissed and 20 claims were settled. For the year ended December 31, 2019, 373 claims were dismissed and 31 claims were settled.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Settlements totaled approximately $5.4 million for the year ended December 31, 2020, compared to $5.0 million for the year ended December 31, 2019.</span></div>
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