|
2024 |
2023 |
|||||
(dollars in millions) |
Q3 |
Q2 |
Q3 |
||||
GAAP Net Income |
$ |
10.7 |
$ |
8.1 |
$ |
19.0 |
|
|
|
|
|
||||
Acquisition & Divestiture Related Costs: |
|
|
|
||||
Dispositions |
|
— |
|
— |
|
(0.7 |
) |
Intangible Amortization |
|
3.1 |
|
3.1 |
|
3.4 |
|
(Gain) Loss on Sale or Disposal of PPE |
|
— |
|
— |
|
(0.2 |
) |
|
|
|
|
||||
Restructuring, Business Realignment & Other Cost Saving Initiatives: |
|
|
|
||||
Restructuring, Severance, Impairment & Other Related Costs |
|
6.9 |
|
3.1 |
|
2.3 |
|
|
|
|
|
||||
(Income) Costs Associated with Terminated Merger |
|
— |
|
— |
|
0.9 |
|
UTIS Fire (Recoveries) Charges |
|
— |
|
— |
|
(0.7 |
) |
|
|
|
|
||||
| Interest Expense, net |
|
— |
|
0.2 |
|
2.3 |
|
| Income Tax Expense |
|
2.8 |
|
3.8 |
|
7.2 |
|
| Depreciation |
|
8.4 |
|
8.2 |
|
8.1 |
|
| Equity Compensation |
|
3.4 |
|
5.3 |
|
3.8 |
|
| Total Adjustments |
$ |
24.6 |
$ |
23.7 |
$ |
26.4 |
|
| Adjusted EBITDA |
$ |
35.2 |
$ |
31.9 |
$ |
45.4 |
|
| *Values in table may not add due to rounding. |
|||||||
|
Rogers Corporation Reports Third Quarter 2024 Results
Reconciliation of GAAP Net Income to Adjusted EBITDA*:
|
|
||||||
|
|
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|
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