Rogers corp (ROG)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating Activities:
Net income

13,259

-28,760

23,387

24,293

28,399

24,452

19,734

17,329

26,136

6,999

25,532

20,896

27,032

11,913

16,065

5,377

14,928

6,578

12,545

13,554

13,643

7,542

20,388

10,902

14,580

12,071

13,572

5,566

7,096

5,063

58,976

6,454

-1,808

1,136

14,356

12,129

9,434

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-18

120

-116

-148

37

-222

-2,959

-1,302

-1,303

-1,631

Adjustments to reconcile net income to cash provided by operating activities:
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization

10,926

11,986

12,077

12,115

12,984

14,753

13,236

10,975

11,109

11,420

11,143

10,989

10,547

10,212

9,323

9,339

8,973

8,845

8,705

8,531

7,973

6,410

6,693

6,696

6,469

6,734

6,590

6,456

6,571

6,475

7,094

7,052

6,509

6,307

6,852

6,966

6,183

Equity compensation expense

3,127

3,011

3,151

3,667

2,476

2,687

2,722

3,141

2,673

3,310

3,181

4,307

1,020

2,738

2,797

3,748

1,992

1,909

2,709

3,427

1,598

1,881

1,076

2,818

1,758

1,689

1,459

1,557

688

1,378

1,097

1,236

1,442

2,379

2,107

2,752

858

Deferred income taxes

-851

-11,984

-3,029

-31

-2,505

-3,308

-3,896

2,537

1,342

7,061

5,639

1,297

3,516

-2,212

769

7,812

1,013

1,000

3,000

-1,662

1,330

7,921

-2,946

3,445

15

3,660

2,782

-796

281

-3,923

-53,280

1,084

-2,134

-3,675

-1,198

218

1,930

Equity in undistributed income of unconsolidated joint ventures

1,218

1,242

1,498

1,742

837

1,048

1,642

1,804

1,007

1,539

1,383

967

1,009

1,926

899

708

613

703

876

392

919

1,131

953

1,062

977

1,281

1,754

762

529

1,008

1,773

1,305

657

1,410

1,290

1,323

1,428

Dividends received from unconsolidated joint ventures

1,785

0

3,634

0

1,741

0

2,622

0

1,809

2,913

0

0

616

2,331

0

426

0

2,683

0

0

780

2,944

0

0

905

3,174

0

0

1,988

3,624

0

0

2,929

4,875

0

0

2,762

Pension and other postretirement benefits

50

440

157

172

174

359

397

398

398

384

383

429

365

701

717

702

702

-2,370

269

295

294

-281

777

838

642

10,464

150

-3,062

-2,434

2,430

4,431

1,782

4,936

1,391

1,541

1,485

1,485

Loss from long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-3,245

-

-

-

-

Loss on sale or disposal of property, plant and equipment

-20

-478

-2

-3

-273

3

-222

383

0

-175

4,387

-5

947

-

-

-

-

-

-

-

-

-33

9

72

21

-97

29

1

74

825

0

579

0

901

-1

0

1,900

Impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

539

-

-

-

-

Provision (benefit) for doubtful accounts

128

421

144

30

-158

500

-74

196

-386

114

-614

-323

384

1,321

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of inventory fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,805

Changes in assets and liabilities:
Accounts receivable

22,981

-17,009

-16,415

-4,201

16,948

-10,188

4,566

1,624

7,822

1,287

-448

781

12,439

3,689

623

2,036

6,657

-6,933

271

-7,941

5,632

-12,337

6,808

7,775

8,192

-11,394

6,424

8,891

-1,194

-7,912

6,915

3,656

-326

-12,847

5,784

3,502

8,612

Contract assets

-2,276

-1,615

-1,503

-1,743

4,588

2,468

-1,673

-107

22,040

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

198

488

-412

-

669

-597

233

-685

409

691

87

-933

318

101

816

Inventories

-4,095

-6,588

4,943

1,295

1,550

7,173

5,351

12,302

-5,813

-2,365

10,109

5,695

769

-3,153

-5,920

-1,637

1,021

-1,431

1,415

3,890

6,734

5,580

3,929

-829

-2,626

1,524

-1,934

-3,112

-2,829

2,323

-5,169

-5,433

2,406

-2,919

11,440

6,573

5,534

Pension and postretirement benefit contributions

64

87

5

5

6

7

25,009

10

328

534

225

77

70

568

136

75

63

-

-

-

-

7,380

0

6,500

765

751

6,500

0

6,500

1,192

6,326

6,000

10,000

-

-

-

-

Other current assets

1,558

2,160

-1,852

-1,394

2,605

794

-1,445

-139

1,438

-707

-708

-2,072

4,063

-1,706

-2,283

435

1,621

1,465

-2,767

-851

3,431

-1,261

-924

745

377

-605

1,409

-933

-510

351

-2,185

385

2,946

-3,104

1,237

226

2,977

Accounts payable and other accrued expenses

-733

-6,587

-6,205

3,980

-327

-3,532

9,481

-785

-13,050

-984

6,112

8,654

-1,441

6,347

2,540

4,278

8,307

-5,595

-1,620

-14,769

4,352

-2,334

13,557

2,952

2,463

2,931

4,526

-576

2,139

2,950

850

-4,763

-2,498

-14,100

8,968

796

-22,893

Proceeds from insurance related to operations

-

-

-

-

-

-

-

-

-

0

106

346

480

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-472

-937

-1,262

-1,237

-885

2,225

71

3,068

-6,355

-4,929

747

-961

-742

8,200

-5,393

3,559

-1,651

-2,551

2,136

-2,709

-243

921

-776

-1,727

470

10,585

-608

-221

-950

-3,522

-18

-713

-619

-2,521

4,217

-979

212

Net cash provided by operating activities

8,633

45,651

48,171

50,441

17,060

33,396

10,606

14,050

8,768

39,131

35,362

41,255

23,234

22,744

42,919

25,117

26,187

-

-

-

-

-

-

-

-

32,911

14,536

10,618

19,950

24,517

11,221

6,327

-2,026

19,605

3,616

13,592

-19,952

Net cash provided by operating activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

122

726

-16

-44

-11

-257

-1,217

-1,027

-1,311

-1,668

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,504

12,909

-

27,794

11,889

17,784

32,911

14,536

10,496

19,224

24,533

11,265

6,338

-1,769

20,822

4,643

14,903

-18,284

Investing Activities:
Acquisition of business, net of cash received

-

-

-

-

-

-

-

-

-

0

0

0

60,191

133,943

0

0

0

0

2,629

0

155,778

0

0

0

0

-

-

-

-

-

-

-

-

0

0

0

139,825

Capital expenditures

11,160

12,770

14,801

11,379

12,647

10,558

16,380

11,055

9,122

9,537

7,982

4,426

5,270

3,210

4,934

5,179

4,813

3,263

7,300

5,788

8,486

9,967

8,451

8,104

2,233

3,310

3,012

2,831

7,706

7,309

5,698

6,586

4,181

8,838

4,472

3,945

4,061

Proceeds from insurance claims

-

-

-

-

-

-

-

-

-

-

118

472

450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

25,438

-

4,100

3,700

300

Proceeds from the sale of property, plant and equipment, net

0

0

0

2

7

54

0

1,027

0

-35

6,489

38

1,603

-

-

-

-

-

-

-

-

-33

9

72

21

-97

29

1

74

825

0

1,979

0

1,600

0

0

5,900

Other investing activities

0

0

0

0

2,625

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,100

0

0

3,100

-

-

-

-

Net cash used in investing activities

-11,160

-12,770

-14,801

-11,377

-10,015

-9,902

-138,385

-10,028

-9,122

-9,571

-1,375

-3,916

-63,408

-136,878

-4,934

-5,179

-4,813

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-137,686

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,787

-164,264

-

-8,442

-8,032

-2,212

-

-2,983

-2,830

-7,632

-6,484

-5,698

-4,607

18,157

-

-

-

-

Financing Activities:
Proceeds from borrowings under revolving credit facility

150,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

125,000

0

0

0

0

-

-

-

-

-

-

-

-

0

0

0

145,000

Repayment of debt principal and finance lease obligations

96

7,592

65,098

28,098

5,098

5,116

755

142

149

404

60,107

50,091

87

1,180

101,064

759

757

755

755

66

5,065

5,086

5,060

3,825

3,826

3,835

11,841

2,772

2,758

8,277

14,250

1,492

1,500

-

-

-

-

Line of credit issuance costs

-

-

-

-

-

-

-

-

-

0

0

140

1,029

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of taxes related to net share settlement of equity awards

4,997

241

-115

284

7,140

108

65

20

6,407

164

2,528

45

2,572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of long term borrowings acquired through acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,684

293

179

7,273

Proceeds from the exercise of stock options, net

0

0

17

42

285

127

36

225

473

1,159

21

1,140

765

-1,200

0

1,494

564

428

24

1,225

5,290

4,918

1,533

3,523

10,539

6,379

17,956

4,671

3,420

9,081

4,499

3,315

112

1,379

4,228

2,343

3,121

Proceeds from issuance of shares to employee stock purchase plan

664

-

655

7

587

-

524

17

541

-

-

-

-

-

-

-26

-1,175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-63

-84

-2,258

-115

-180

-560

-687

-108

-184

0

-1,005

3

-184

-571

0

-

-

-

-

Proceeds from issuance of shares to employee stock purchase plan

-

-

-

-

-

-

-

-

-

0

473

0

422

3,285

431

0

427

0

382

0

345

-1

360

-1

335

1

343

0

390

396

0

1

412

0

360

0

396

Share repurchases

-

-

-

-

-

0

0

0

2,999

0

0

0

0

0

3,998

2,000

1,997

6,997

32,996

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

145,571

-7,833

-64,311

-28,333

-11,366

-5,097

102,240

80

-8,541

591

-62,141

-49,136

-2,501

166,816

-104,718

-1,291

-2,938

-7,659

-33,701

1,075

123,312

-284

-3,347

-863

6,361

2,437

6,274

1,899

47

1,203

-9,935

1,253

-976

-3,187

-1,955

-7,836

141,244

Effect of exchange rate fluctuations on cash

-1,616

1,054

-1,380

263

-1,343

-215

395

-2,421

755

15

1,835

2,998

1,019

1,569

-7,148

-453

6,181

-5,732

653

5,112

-9,474

-8,220

-6,724

-760

2,641

1,462

3,766

914

-814

4,526

-273

-704

-1,366

-147

-1,788

1

2,394

Net increase (decrease) in cash and cash equivalents

141,428

26,102

-32,321

10,994

-5,664

18,182

-25,144

1,681

-8,140

30,166

-26,319

-8,799

-41,656

54,251

-73,881

18,194

24,617

11,980

-17,156

9,904

-37,517

9,402

9,281

2,234

24,574

33,276

21,593

10,601

11,551

23,762

-4,685

2,269

13,789

8,580

-499

5,512

-14,000

Supplemental Disclosures:
Accrued capital additions

2,525

1,421

-120

51

2,068

645

218

0

1,881

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets obtained under leasing arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-600

-1,025

1,625

9,206

Interest, net of amounts capitalized

1,386

-

-

-

2,161

-

-

-

1,329

1,248

1,454

1,876

1,209

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

13,218

1,575

6,854

7,150

2,014

5,804

9,317

8,395

5,645

12,929

10,076

9,157

4,756

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-