ROG FY 2010 Earnings Report — Rogers Corporation Revenue & Financial Results | Market Cap Arena

Rogers CorporationROG

FY 2010 Earnings

Reported February 18, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$379M	—	$292M	—	29.9%
Op. Income	$27M	—	-$30M	—	192.5%
Gross Margin	36.1%	—	27.2%	—	8.9pp
Net Margin	9.1%	—	-21.5%	—	30.7pp
EPS (Diluted)	$2.16	—	$-4.01	—	153.9%
Free Cash Flow	$33M	—	-$9M	—	450.0%

Revenue Flow

Item	Amount
REVENUE	$379M
Cost of Revenue	$242M
GROSS PROFIT	$137M
R&D Expenses	$20M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$90M
Other Expenses	$0
Operating Expenses	$109M
Cost & Expenses	$352M
OPERATING INCOME	$27M
Interest Income	$184.0K
Interest Expense	$0
Other Income/Expenses	$13M
INCOME BEFORE TAX	$40M
Income Tax Expense	$6M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	-$4M
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$35M
D&A	$16M
EBIT	$40M
EBITDA	$56M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$379M
Cost of Revenue	$242M
GROSS PROFIT	$137M
R&D Expenses	$20M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$90M
Other Expenses	$0
Operating Expenses	$109M
Cost & Expenses	$352M
OPERATING INCOME	$27M
Interest Income	$184.0K
Interest Expense	$0
Other Income/Expenses	$13M
INCOME BEFORE TAX	$40M
Income Tax Expense	$6M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	-$4M
NET INCOME	$35M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$35M
D&A	$16M
EBIT	$40M
EBITDA	$56M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$35M
Depreciation & Amortization	$16M
Stock-Based Compensation	$7M
Deferred Income Tax	-$8M
Other Non-Cash Items	$4M
Change in Working Capital	-$7M
OPERATING CASH FLOW	$46M
Capital Expenditure	-$13M
Acquisitions (Net)	-$16M
Purchases of Investments	$13M
Sales/Maturities of Investments	$6M
Other Investing Activities	-$13M
NET CASH FROM INVESTING	-$23M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$1M
FREE CASH FLOW	$33M
Net Change in Cash	$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$80M
Short-Term Investments	$186.0K
Net Receivables	$77M
Inventory	$48M
Other Current Assets	$14M
TOTAL CURRENT ASSETS	$222M
PP&E (Net)	$120M
Goodwill	$25M
Intangible Assets	$11M
Long-Term Investments	$64M
Tax Assets	$17M
Other Non-Current Assets	$26M
TOTAL NON-CURRENT ASSETS	$263M
TOTAL ASSETS	$485M
Account Payables	$16M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$21M
TOTAL CURRENT LIABILITIES	$65M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$24M
Other Non-Current Liabilities	$80M
TOTAL NON-CURRENT LIABILITIES	$89M
TOTAL LIABILITIES	$154M
Common Stock	$16M
Additional Paid-In Capital	$33M
Retained Earnings	$295M
Treasury Stock	$0
Accum. Other Comp. Income	-$14M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$331M
Minority Interest	$0
TOTAL EQUITY	$331M
TOTAL LIABILITIES & EQUITY	$485M
Total Debt	$0
Net Debt	-$80M