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Joint Ventures (Tables) | 9 Months Ended
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Sep. 30, 2014
Equity Method Investments and Joint Ventures [Abstract] |
Joint Ventures Accounted for Under Equity Method of Accounting | As of September 30, 2014, we had two joint ventures, each 50% owned, which are accounted for under the equity method of accounting.
Joint Venture | Location | Reportable Segment | Fiscal Year-End
Rogers INOAC Corporation (RIC) | Japan | High Performance Foams | October 31
Rogers INOAC Suzhou Corporation (RIS) | China | High Performance Foams | December 31
Summarized Information for Joint Ventures | The summarized financial information for the joint ventures for the periods indicated is as follows:
(Dollars in thousands) | Three Months Ended |  | Nine Months Ended
| September 30, 2014 |  | September 30, 2013 |  | September 30, 2014 |  | September 30, 2013
Net sales | $ | 11,992 |  |  | $ | 16,431 |  |  | $ | 35,842 |  |  | $ | 38,924 |
Gross profit | 3,361 |  |  | 4,989 |  |  | 10,663 |  |  | 10,189 |
Net income | 1,905 |  |  | 3,508 |  |  | 5,984 |  |  | 6,090 |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
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