2024 Q1 Form 10-K Financial Statement

#000008474824000018 Filed on February 27, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $213.4M $204.6M $908.4M
YoY Change -12.49% -8.54% -6.46%
Cost Of Revenue $145.2M $137.2M $601.3M
YoY Change -11.54% -10.13% -7.51%
Gross Profit $68.20M $67.40M $307.1M
YoY Change -14.43% -5.12% -4.33%
Gross Profit Margin 31.96% 32.94% 33.81%
Selling, General & Admin $47.50M $51.80M $202.3M
YoY Change -20.95% -4.66% -7.55%
% of Gross Profit 69.65% 76.85% 65.87%
Research & Development $8.900M $10.20M $35.70M
YoY Change -7.16% 4.54% 1.4%
% of Gross Profit 13.05% 15.13% 11.62%
Depreciation & Amortization $11.30M $11.28M $37.70M
YoY Change -22.88% -2.17% 27.8%
% of Gross Profit 16.57% 16.73% 12.28%
Operating Expenses $56.40M $36.40M $238.0M
YoY Change -19.05% -43.58% -6.31%
Operating Profit $11.80M $31.00M $85.30M
YoY Change -4782.54% 375.61% -40.94%
Interest Expense -$200.0K -$1.200M -$10.10M
YoY Change -94.22% -67.84% 5.79%
% of Operating Profit -1.69% -3.87% -11.84%
Other Income/Expense, Net $100.0K -$700.0K -$700.0K
YoY Change 1900.0% 24.56% -166.16%
Pretax Income $11.60M $28.60M $76.30M
YoY Change -419.3% -63.51% -45.65%
Income Tax $3.800M $5.400M $19.70M
% Of Pretax Income 32.76% 18.88% 25.82%
Net Earnings $7.800M $23.20M $56.60M
YoY Change -322.54% -65.53% -51.47%
Net Earnings / Revenue 3.66% 11.34% 6.23%
Basic Earnings Per Share $0.42 $3.04
Diluted Earnings Per Share $0.42 $1.24 $3.03
COMMON SHARES
Basic Shares Outstanding 18.66M shares 18.62M shares 18.60M shares
Diluted Shares Outstanding 18.70M shares 18.70M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $116.9M $131.7M $131.7M
YoY Change -39.66% -44.16% -44.16%
Cash & Equivalents $116.9M $131.7M $131.7M
Short-Term Investments
Other Short-Term Assets $29.80M $30.30M $30.30M
YoY Change 150.15% 73.88% 41.14%
Inventory $150.9M $153.5M $153.5M
Prepaid Expenses
Receivables $199.5M $161.9M $207.1M
Other Receivables $4.300M $4.300M $4.300M
Total Short-Term Assets $501.4M $526.9M $526.9M
YoY Change -18.06% -20.15% -20.15%
LONG-TERM ASSETS
Property, Plant & Equipment $382.0M $385.2M $385.2M
YoY Change 1.94% 3.71% 3.71%
Goodwill $357.2M $359.8M
YoY Change 0.37% 2.11%
Intangibles $120.3M $123.9M
YoY Change -9.02% -7.35%
Long-Term Investments $10.90M $11.10M $11.10M
YoY Change -15.12% -21.18% -21.18%
Other Assets $64.00M $8.400M $58.10M
YoY Change 257.16% -47.29% -1.23%
Total Long-Term Assets $986.6M $990.3M $990.3M
YoY Change -1.31% 0.4% 0.4%
TOTAL ASSETS
Total Short-Term Assets $501.4M $526.9M $526.9M
Total Long-Term Assets $986.6M $990.3M $990.3M
Total Assets $1.488B $1.517B $1.517B
YoY Change -7.67% -7.84% -7.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $51.70M $50.30M $50.30M
YoY Change -0.87% -12.28% -12.28%
Accrued Expenses $52.50M $58.60M $58.60M
YoY Change -19.75% -21.05% -21.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $117.0M $116.4M $115.8M
YoY Change -8.22% -18.34% -18.76%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $30.00M $30.00M
YoY Change -100.0% -86.05% -86.13%
Other Long-Term Liabilities $88.50M $10.30M $88.90M
YoY Change 349.19% -48.0% -2.69%
Total Long-Term Liabilities $88.50M $40.30M $118.9M
YoY Change -57.8% -82.84% -61.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $117.0M $116.4M $115.8M
Total Long-Term Liabilities $88.50M $40.30M $118.9M
Total Liabilities $228.2M $156.7M $257.6M
YoY Change -32.32% -58.47% -45.63%
SHAREHOLDERS EQUITY
Retained Earnings $1.163B $1.155B
YoY Change 6.2% 5.15%
Common Stock $172.5M $170.4M
YoY Change 8.61% 6.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.260B $1.259B $1.260B
YoY Change
Total Liabilities & Shareholders Equity $1.488B $1.517B $1.517B
YoY Change -7.67% -7.84% -7.84%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $7.800M $23.20M $56.60M
YoY Change -322.54% -65.53% -51.47%
Depreciation, Depletion And Amortization $11.30M $11.28M $37.70M
YoY Change -22.88% -2.17% 27.8%
Cash From Operating Activities $28.10M $71.88M $131.4M
YoY Change 1431.34% -43.68% 1.5%
INVESTING ACTIVITIES
Capital Expenditures $9.400M $22.46M $57.00M
YoY Change -42.72% -24.6% -51.19%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $4.907M $9.100M
YoY Change -100.0% -315.12% 147.89%
Cash From Investing Activities -$9.400M -$17.55M -$47.90M
YoY Change -39.04% -45.26% -57.65%
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 -31.50M -50.69M -$190.3M
YoY Change 7.27% -49.36% 1783.41%
NET CHANGE
Cash From Operating Activities 28.10M 71.88M $131.4M
Cash From Investing Activities -9.400M -17.55M -$47.90M
Cash From Financing Activities -31.50M -50.69M -$190.3M
Net Change In Cash -12.80M 3.636M -$104.2M
YoY Change -69.61% -180.04% -3031.91%
FREE CASH FLOW
Cash From Operating Activities $28.10M $71.88M $131.4M
Capital Expenditures $9.400M $22.46M $57.00M
Free Cash Flow $18.70M $49.42M $74.40M
YoY Change -228.3% -49.49% 487.07%

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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%">Reclassification</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%">Certain reclassifications have been made in the 2022 and 2021 financial statements and notes to conform to the 2023 presentation.</span></div>
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153500000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
182400000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
607700000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
589000000.0 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
385700000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
381600000 usd
CY2023Q4 rog Property Plantand Equipment Before Equipmentin Process
PropertyPlantandEquipmentBeforeEquipmentinProcess
222000000.0 usd
CY2022Q4 rog Property Plantand Equipment Before Equipmentin Process
PropertyPlantandEquipmentBeforeEquipmentinProcess
207400000 usd
CY2023Q4 rog Construction In Process
ConstructionInProcess
144300000 usd
CY2022Q4 rog Construction In Process
ConstructionInProcess
151000000.0 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
366300000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
358400000 usd
CY2023 us-gaap Depreciation
Depreciation
37700000 usd
CY2022 us-gaap Depreciation
Depreciation
29500000 usd
CY2021 us-gaap Depreciation
Depreciation
29000000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
4100000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
2800000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
3000000.0 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
700000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
600000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
300000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
4000000.0 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
3100000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
2800000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0414
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0389
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0535
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0524
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1500000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1700000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18900000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
13000000.0 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
400000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
500000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1100000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1300000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1500000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1800000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3500000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2800000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15400000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10700000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18900000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13500000 usd
CY2023Q4 rog Finance Lease Liability Commenced To Be Paid Year One
FinanceLeaseLiabilityCommencedToBePaidYearOne
400000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced To Be Paid Year One
FinanceLeaseLiabilityNotYetCommencedToBePaidYearOne
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
400000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year One
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearOne
4400000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year One
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearOne
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4400000 usd
CY2023Q4 rog Finance Lease Liability Commenced To Be Paid Year Two
FinanceLeaseLiabilityCommencedToBePaidYearTwo
400000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced To Be Paid Year Two
FinanceLeaseLiabilityNotYetCommencedToBePaidYearTwo
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
400000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year Two
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearTwo
3900000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year Two
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearTwo
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3800000 usd
CY2023Q4 rog Finance Lease Liability Commenced To Be Paid Year Three
FinanceLeaseLiabilityCommencedToBePaidYearThree
400000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced To Be Paid Year Three
FinanceLeaseLiabilityNotYetCommencedToBePaidYearThree
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
400000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year Three
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearThree
3100000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year Three
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearThree
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3000000.0 usd
CY2023Q4 rog Finance Lease Liability Commenced To Be Paid Year Four
FinanceLeaseLiabilityCommencedToBePaidYearFour
200000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced To Be Paid Year Four
FinanceLeaseLiabilityNotYetCommencedToBePaidYearFour
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
200000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year Four
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearFour
2600000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year Four
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearFour
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2600000 usd
CY2023Q4 rog Finance Lease Liability Commenced To Be Paid Year Five
FinanceLeaseLiabilityCommencedToBePaidYearFive
100000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced To Be Paid Year Five
FinanceLeaseLiabilityNotYetCommencedToBePaidYearFive
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
100000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Payments Due Year Five
LesseeOperatingLeaseCommencedLiabilityPaymentsDueYearFive
1900000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due Year Five
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1900000 usd
CY2023Q4 rog Finance Lease Liability Commenced To Be Paid After Year Five
FinanceLeaseLiabilityCommencedToBePaidAfterYearFive
100000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced To Be Paid After Year Five
FinanceLeaseLiabilityNotYetCommencedToBePaidAfterYearFive
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
100000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Payments Due After Year Five
LesseeOperatingLeaseCommencedLiabilityPaymentsDueAfterYearFive
7300000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due After Year Five
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7300000 usd
CY2023Q4 rog Finance Lease Liability Commenced Payment Due
FinanceLeaseLiabilityCommencedPaymentDue
1600000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced Payment Due
FinanceLeaseLiabilityNotYetCommencedPaymentDue
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1600000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Payments Due
LesseeOperatingLeaseCommencedLiabilityPaymentsDue
23200000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Payments Due
LesseeOperatingLeaseNotYetCommencedLiabilityPaymentsDue
200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
23000000.0 usd
CY2023Q4 rog Finance Lease Liability Commenced Undiscounted Excess Amount
FinanceLeaseLiabilityCommencedUndiscountedExcessAmount
100000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced Undiscounted Excess Amount
FinanceLeaseLiabilityNotYetCommencedUndiscountedExcessAmount
0 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
100000 usd
CY2023Q4 rog Lessee Operating Lease Commenced Liability Undiscounted Excess Amount
LesseeOperatingLeaseCommencedLiabilityUndiscountedExcessAmount
4100000 usd
CY2023Q4 rog Lessee Operating Lease Not Yet Commenced Liability Undiscounted Excess Amount
LesseeOperatingLeaseNotYetCommencedLiabilityUndiscountedExcessAmount
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4100000 usd
CY2023Q4 rog Finance Lease Liability Commenced
FinanceLeaseLiabilityCommenced
1500000 usd
CY2023Q4 rog Finance Lease Liability Not Yet Commenced
FinanceLeaseLiabilityNotYetCommenced
0 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1500000 usd
CY2023Q4 rog Operating Lease Commenced Liability
OperatingLeaseCommencedLiability
19100000 usd
CY2023Q4 rog Operating Lease Not Yet Commenced Liability
OperatingLeaseNotYetCommencedLiability
200000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18900000 usd
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2022 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
237806 shares
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
25000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
352400000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
7400000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
359800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
276000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
156400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
119600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
282000000.0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
152500000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
129500000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4300000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4300000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4200000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4200000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
156400000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
123900000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
286200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
152500000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
133700000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13400000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16400000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14300000 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
17900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
12400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7800000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y
CY2023 rog Numberof Qualified Noncontributory Defined Benefit Plans
NumberofQualifiedNoncontributoryDefinedBenefitPlans
1 plan
CY2023Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationProjectedBenefitObligation
21500000 usd
CY2023Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Projected Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfProjectedBenefitObligationProjectedBenefitObligation
21500000 usd
CY2022Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Projected Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfProjectedBenefitObligationProjectedBenefitObligation
21000000.0 usd
CY2022Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationProjectedBenefitObligation
21000000.0 usd
CY2023Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsAccumulatedBenefitObligation
21500000 usd
CY2023Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationAccumulatedBenefitObligation
21500000 usd
CY2022Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationAccumulatedBenefitObligation
21000000.0 usd
CY2022Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsAccumulatedBenefitObligation
21000000.0 usd
CY2023Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Plan Assets
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsPlanAssets
26700000 usd
CY2023Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Plan Assets
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationPlanAssets
26700000 usd
CY2022Q4 rog Defined Benefit Plan Pension Plans With Plan Assets In Excess Of Projected Benefit Obligations Plan Assets
DefinedBenefitPlanPensionPlansWithPlanAssetsInExcessOfProjectedBenefitObligationsPlanAssets
26300000 usd
CY2022Q4 rog Defined Benefit Plan Pension Plan With Plan Assets In Excess Of Accumulated Benefit Obligation Plan Assets
DefinedBenefitPlanPensionPlanWithPlanAssetsInExcessOfAccumulatedBenefitObligationPlanAssets
26300000 usd
CY2023Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0700
CY2023Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0700
CY2023 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2023 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2022Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0625
CY2022Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0625
CY2022 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2022 rog Defined Benefit Plan Health Care Cost Employees Age
DefinedBenefitPlanHealthCareCostEmployeesAge
P65Y
CY2023Q1 rog Number Of Borrowings Credit Agreement Interest Options
NumberOfBorrowingsCreditAgreementInterestOptions
2 option
CY2023 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 2023 and 2022:</span></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:70.935%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.516%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.532%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.517%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><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%">2023</span></td><td colspan="3" style="padding:0 1pt"></td><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%">2022</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%">537</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><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></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:400;line-height:100%">543 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></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%">136</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><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></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:400;line-height:100%">129 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pending claims concluded</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span></div></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%">(167)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></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:400;line-height:100%">(135)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></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-bottom:3pt double #000;border-top:1pt solid #000;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%">506</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-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;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%">537 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</span><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, 2023, 155 claims were dismissed and 12 claims were settled. For the year ended December 31, 2022, 119 claims were dismissed and 16 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 $4.5 million for the year ended December 31, 2023, compared to $2.4 million for the year ended December 31, 2022.</span></div>
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