To participate, please dial:
| 1-800-574-8929 | Toll-free in the United States | ||||||
| 1-973-935-8524 | Internationally | ||||||
| There is no passcode for the live teleconference. | |||||||
If you are unable to attend, a conference call playback will be available from April 30, 2019 at approximately 8 pm ET through May 14, 2019 at 11:59 pm ET, by dialing 1-855-859-2056 from the United States, and 1-404-537-3406 from outside of the US, each with passcode 4795925.
Additionally, the archived webcast will be available on the Rogers website at approximately 8 pm ET May 1, 2019.
Additional information
Please contact the Company directly
via email or visit the Rogers website.
(Financial statements follow)
|
Condensed Consolidated Statements of Operations (Unaudited) |
||||||||||||
| Three Months Ended | ||||||||||||
| (DOLLARS AND SHARES IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) |
March 31,
|
March 31,
|
||||||||||
| Net sales | $ | 239,798 | $ | 214,611 | ||||||||
| Cost of sales | 154,404 | 138,005 | ||||||||||
| Gross margin | 85,394 | 76,606 | ||||||||||
| Selling, general and administrative expenses | 43,252 | 40,597 | ||||||||||
| Research and development expenses | 7,609 | 8,134 | ||||||||||
| Restructuring and impairment charges | 822 | 422 | ||||||||||
| Other operating (income) expense, net | 911 | (3,591 | ) | |||||||||
| Operating income | 32,800 | 31,044 | ||||||||||
| Equity income in unconsolidated joint ventures | 837 | 1,007 | ||||||||||
| Other income (expense), net | 1,404 | 66 | ||||||||||
| Interest expense, net | (1,938 | ) | (1,210 | ) | ||||||||
| Income before income tax expense | 33,103 | 30,907 | ||||||||||
| Income tax expense | 4,704 | 4,771 | ||||||||||
| Net income | $ | 28,399 | $ | 26,136 | ||||||||
| Basic earnings per share | $ | 1.53 | $ | 1.43 | ||||||||
| Diluted earnings per share | $ | 1.52 | $ | 1.40 | ||||||||
| Shares used in computing: | ||||||||||||
| Basic earnings per share | 18,557 | 18,288 | ||||||||||
| Diluted earnings per share | 18,692 | 18,610 | ||||||||||
