|
2024 |
2023 |
|||||||
(dollars in millions) |
Q2 |
Q1 |
Q2 |
||||||
GAAP Net Income |
$ |
8.1 |
|
$ |
7.8 |
|
$ |
17.9 |
|
|
|
|
|
||||||
Acquisition & Divestiture Related Costs: |
|
|
|
||||||
Dispositions |
|
— |
|
|
— |
|
|
0.1 |
|
Intangible Amortization |
|
3.1 |
|
|
3.1 |
|
|
3.3 |
|
(Gain) Loss on Sale or Disposal of PPE |
|
— |
|
|
— |
|
|
(0.5 |
) |
|
|
|
|
||||||
Restructuring, Business Realignment & Other Cost Saving Initiatives: |
|
|
|
||||||
Restructuring, Severance, Impairment & Other Related Costs |
|
3.1 |
|
|
1.1 |
|
|
4.6 |
|
|
|
|
|
||||||
Non-Routine Shareholder Advisory Costs |
|
— |
|
|
— |
|
|
0.1 |
|
| (Income) Costs Associated with Terminated Merger |
|
— |
|
|
— |
|
|
1.5 |
|
| UTIS Fire (Recoveries) Charges |
|
— |
|
|
— |
|
|
(5.9 |
) |
| Estimated Income Tax Impacts of Adjustments |
$ |
(1.5 |
) |
$ |
(1.1 |
) |
$ |
(1.0 |
) |
| Total Adjustments |
$ |
4.7 |
|
$ |
3.1 |
|
$ |
2.2 |
|
| Adjusted Net Income |
$ |
12.8 |
|
$ |
10.9 |
|
$ |
20.0 |
|
| *Values in table may not add due to rounding. |
|||||||||
|
Rogers Corporation Reports Second Quarter 2024 Results
Reconciliation of GAAP Net Income to Adjusted Net Income*:
|
|
||||||
|
|
|||||||
|
|||||||
