|
2023 |
2022 |
|||||||
Earnings per diluted share |
Q1 |
Q4 |
Q1 |
||||||
GAAP earnings per diluted share |
$ |
(0.19 |
) |
$ |
3.58 |
|
$ |
0.87 |
|
|
|
|
|
||||||
Acquisition and divestiture related costs: |
|
|
|
||||||
Acquisition and related integration costs |
|
— |
|
|
— |
|
|
0.02 |
|
Dispositions |
|
0.05 |
|
|
0.13 |
|
|
— |
|
Loss/(gain) on sale or disposal of assets |
|
— |
|
|
0.02 |
|
|
— |
|
|
|
|
|
||||||
Restructuring, business realignment and other cost saving initiatives: |
|
|
|
||||||
Restructuring, severance, impairment and other related costs |
|
0.49 |
|
|
2.81 |
|
|
0.02 |
|
|
|
|
|
||||||
Non-routine shareholder advisory costs |
|
0.31 |
|
|
— |
|
|
— |
|
(Income) costs associated with terminated merger |
|
0.08 |
|
|
(5.67 |
) |
|
0.47 |
|
| UTIS fire (recovery)/charges |
|
(0.01 |
) |
|
0.02 |
|
|
(0.02 |
) |
| Asbestos-related charges |
|
— |
|
|
— |
|
|
— |
|
| Impact of including dilutive securities (a) |
|
— |
|
|
— |
|
|
— |
|
| Total discrete items |
$ |
0.92 |
|
$ |
(2.69 |
) |
$ |
0.49 |
|
|
|
|
|
|
||||||
| Earnings per diluted share adjusted for discrete items |
|
0.73 |
|
|
0.89 |
|
|
1.36 |
|
|
|
|
|
|
||||||
| Acquisition intangible amortization |
$ |
0.14 |
|
$ |
0.15 |
|
$ |
0.17 |
|
|
|
|
|
|
||||||
| Adjusted earnings per diluted share |
$ |
0.87 |
|
$ |
1.04 |
|
$ |
1.53 |
|
| *Values in table may not add due to rounding. |
|||||||||
| (a) This represents the dilutive effect of awards under equity compensation plans. Refer to the table below for the effect on adjusted weighted average shares outstanding - diluted. |
|||||||||
|
Rogers Corporation Reports First Quarter 2023 Results
Reconciliation of GAAP earnings per diluted share to adjusted earnings per diluted share*:
|
|
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|
|
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|
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