<SEC-DOCUMENT>0001157523-18-001618.txt : 20180731
<SEC-HEADER>0001157523-18-001618.hdr.sgml : 20180731
<ACCEPTANCE-DATETIME>20180731162133
ACCESSION NUMBER:		0001157523-18-001618
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180731
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180731
DATE AS OF CHANGE:		20180731

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ROGERS CORP
		CENTRAL INDEX KEY:			0000084748
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
		IRS NUMBER:				060513860
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04347
		FILM NUMBER:		18981386

	BUSINESS ADDRESS:	
		STREET 1:		2225 W CHANDLER BLVD
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85224
		BUSINESS PHONE:		480-917-6000

	MAIL ADDRESS:	
		STREET 1:		2225 W CHANDLER BLVD
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85224
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51845911.htm
<DESCRIPTION>ROGERS CORP. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>Washington,
      D.C. 20549</b></font><br><br>
    </p>
    <hr style="text-align: center; color: #000000; height: 2.0 pt; width: 100%">


    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 18pt"><b>FORM 8-K</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>
      </b></font><b><font style="font-family: Times New Roman; font-size: 10pt">Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></b><br><br><font style="font-family: Times New Roman; font-size: 10pt">Date
      of Report (Date of earliest event reported)</font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>July
      31, 2018</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>ROGERS
      CORPORATION</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
    <div style="text-align:center">
    <table style="margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>Massachusetts</b></font>
          </p>
        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; width: 34%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-4347</b>
          </p>
        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; width: 33%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>06-0513860</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of incorporation<br>or organization)
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px; width: 34%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File Number)
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (I.R.S. Employer Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>2225 West Chandler Blvd., Chandler, Arizona 85224</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Address of principal executive offices)&#160;(Zip Code)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>(480)
      917-6000</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt">(Registrant&#8217;s
      telephone number, including area code)</font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt"><b>Not
      Applicable</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt">(Former
      name or former address, if changed since last report)</font>
    </p>
    <p style="text-align: left">
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p style="text-align: left">
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font><font style="font-family: Times New Roman; font-size: 10pt">
      Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font><font style="font-family: Times New Roman; font-size: 10pt">
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font><font style="font-family: Times New Roman; font-size: 10pt">
      Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font><font style="font-family: Times New Roman; font-size: 10pt">
      Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c)) </font>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging growth company&#160;&#160;<font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.&#160;&#160;<font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 2.02&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition</b>
    </p>
    <p style="white-space: nowrap">
      <b>Item 7.01&#160;&#160;&#160;&#160;&#160;Regulation FD Disclosure</b>
    </p>
    <p>
      In a press release dated July 31, 2018, the Company announced its second
      quarter 2018 results and provided guidance for the third quarter of
      2018.&#160;&#160;A copy of the press release is furnished herewith as Exhibit
      99.1.&#160;&#160;The Company will also host a conference call and webcast on July
      31, 2018 to discuss its results of operations.
    </p>
    <p>
      All information in this Form 8-K and the Exhibit attached hereto,
      including guidance or any other forward-looking statements, speaks as of
      July 31, 2018, and the Company undertakes no duty to update this
      information to reflect subsequent events, actual results or changes in
      the Company&#8217;s expectations, unless required by law.
    </p>
    <p>
      The information in Items 2.02 and 7.01 of this Form 8-K and the Exhibit
      attached hereto shall not be deemed &#8220;filed&#8221; for purposes of Section 18
      of the Securities Exchange Act of 1934 or otherwise subject to the
      liabilities of that section, nor shall it be deemed incorporated by
      reference in any filing under the Securities Act of 1933, except as
      shall be expressly set forth by specific reference in such filing.
    </p>
    <p>

    </p>
    <p>
      <b>Item 9.01 &#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="text-indent: 30.0px; font-family: Times New Roman; font-size: 10pt">
      (d)&#160;&#160;Exhibits
    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 15%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Exhibit No.</b></u>
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px; width: 50%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Description</b></u>
          </p>
        </td>
        <td style="width: 35%">

        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td style="width: 50%">

        </td>
        <td style="width: 35%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51845911ex99_1.htm">99.1</a>
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 50%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51845911ex99_1.htm">Press release, dated July 31, 2018,
            issued by Rogers Corporation</a>
          </p>
        </td>
        <td style="width: 35%">

        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap">

    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">SIGNATURES</font><br>
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      Registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.
    </p>
    <p style="text-indent: 30.0px">
      <br>

    </p>
    <div style="text-align:center">
    <table style="margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>ROGERS CORPORATION</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 17%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 3%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 17%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 5%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 45%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 3%">
          By:
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 30%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>/s/ Mark Weaver</u>
          </p>
        </td>
        <td style="width: 17%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 3%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Mark Weaver
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 3%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President, Principal Financial Officer
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 10.0px; width: 3%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Accounting Officer and Corporate Controller
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 17%">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 17%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date: July 31, 2018
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 17%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51845911ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Rogers
      Corporation Reports Second Quarter 2018 Results</b></font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Second
      quarter 2018, versus second quarter 2017:</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Net
        sales of $214.7 million, up 6.6%</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Gross
        margin of 35.7%, down 430 basis points</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Net
        income of $17.3 million, down 17.1%</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Earnings
        of $0.93 per diluted share; adjusted earnings of $1.19 per diluted
        share</b></font>
      </li>
    </ul>
    <p>
      CHANDLER, Ariz.--(BUSINESS WIRE)--July 31, 2018--Rogers Corporation
      (NYSE:ROG) today announced financial results for the 2018 second quarter.
    </p>
    <p>
      The Company reported 2018 second quarter net sales of $214.7 million,
      which was within the Company's previously announced guidance of $210 to
      $220 million, and an increase of 6.6% compared to 2017 second quarter
      net sales of $201.4 million. Currency exchange rates favorably impacted
      2018 second quarter net sales by $8.4 million due to strengthening in
      the Euro and Renminbi.
    </p>
    <p>
      Earnings for the 2018 second quarter were $0.93 per diluted share,
      compared to $1.13 per diluted share in the second quarter of 2017.
      Earnings per diluted share were below the Company's guidance of $1.10 to
      $1.25. On an adjusted basis, earnings were $1.19 per diluted share,
      compared to adjusted earnings of $1.33 per diluted share in the second
      quarter of 2017. Adjusted earnings were below the Company's guidance of
      $1.25 to $1.40 per diluted share.
    </p>
    <p>
      Second quarter 2018 net income was $17.3 million, compared to $20.9
      million in the second quarter of 2017. Adjusted EBITDA was $40.7 million
      for the second quarter of 2018, compared to $46.5 million reported in
      the second quarter of 2017.
    </p>
    <p>
      Gross margin was 35.7% in the second quarter of 2018, compared to 40.0%
      in the second quarter of 2017. Operating margin was 11.7% in the second
      quarter of 2018, compared to 16.0% in the second quarter of 2017.
      Adjusted operating margin was 14.8% in the second quarter of 2018,
      compared to 18.8% in the second quarter of 2017.
    </p>
    <p>
      &quot;Rogers achieved revenue growth across much of the business; however,
      margins were below our expectations in the quarter primarily due to
      additional costs for capacity and activities to reduce cost structure,&quot;
      stated Bruce D. Hoechner, Rogers' President and CEO. &quot;We are turning the
      corner on near-term operating challenges. We are executing well on our
      strategy, as demonstrated by our recent synergistic acquisition of
      Griswold, and our ongoing substantial investments in capacity and
      multi-site readiness, in preparation for the significant growth
      opportunities in 5G wireless, advanced driver assistance systems, and
      electric and hybrid electric vehicles. Rogers is well positioned to
      achieve the performance targets outlined in our 2020 vision.&quot;
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>Business segment discussion</b></u>
    </p>
    <p>
      <u><b>Advanced Connectivity Solutions (ACS)</b></u><br>Advanced
      Connectivity Solutions reported 2018 second quarter net sales of $76.4
      million, a 2.7% increase compared to 2017 second quarter net sales of
      $74.3 million. The increase in 2018 second quarter net sales was largely
      driven by aerospace and defense and automotive advanced driver
      assistance systems (ADAS) revenues, partially offset by lower demand in
      portable electronics and wireless 4G LTE applications. Second quarter
      2018 net sales were favorably impacted by $1.9 million due to
      fluctuations in currency exchange rates.
    </p>
    <p>
      <u><b>Elastomeric Material Solutions (EMS)</b></u><br>Elastomeric
      Material Solutions reported 2018 second quarter net sales of $79.2
      million, a 2.1% increase compared to 2017 second quarter net sales of
      $77.6 million. EMS net sales increased on portable electronics,
      consumer, automotive and mass transit revenues, partially offset by
      lower general industrial and other applications. Fluctuations in
      currency exchange rates favorably impacted net sales by $2.0 million in
      the 2018 second quarter.
    </p>
    <p>
      <u><b>Power Electronics Solutions (PES)</b></u><br>Power Electronics
      Solutions reported 2018 second quarter net sales of $53.6 million, a
      22.2% increase compared to 2017 second quarter net sales of $43.9
      million. 2018 second quarter net sales increased due to broad based
      demand across markets, including particular strength in electric and
      hybrid electric vehicles, renewable energy, mass transit and variable
      frequency drives. Second quarter 2018 net sales were favorably impacted
      by $4.3 million due to fluctuations in currency exchange rates.
    </p>
    <p>
      <u><b>Other</b></u><br>Other reported 2018 second quarter net sales of
      $5.4 million, a decrease of 2.8% compared to the second quarter of 2017
      sales of $5.6 million.
    </p>
    <p>
      <u><b>Balance sheet and other highlights</b></u>
    </p>
    <p>
      <u><b>Cash position</b></u><br>Rogers ended the second quarter of 2018
      with cash and cash equivalents of $174.7 million, a decrease of $6.5
      million from $181.2 million at December&#160;31, 2017. The primary drivers of
      the lower cash balance were capital spending of $20.2 million, tax
      payments related to vested equity awards of $6.4 million, and share
      repurchases of $3.0 million, partially offset by $22.8 million of net
      cash provided by operating activities.
    </p>
    <p>
      <u><b>Cash flow</b></u><br>Net cash provided from operating activities
      of $22.8 million in the first half of 2018, a decrease compared to 2017.
      The decrease in net cash provided by operating activities was primarily
      driven by the use of working capital and lower net income. Capital
      spending was $20.2 million in the first half of 2018, an increase
      compared to $9.7 million in 2017.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>Effective tax rate</b></u><br>Rogers' effective income tax rate
      was 32.6% for the second quarter of 2018, compared to 33.9% for the
      second quarter of 2017. The decrease was primarily due to a lower U.S.
      effective tax rate, as a result of U.S. tax reform and geographic profit
      mix, partially offset by an increase in current year accruals for
      uncertain tax positions.
    </p>
    <p>
      <u><b>Financial outlook</b></u><br>Rogers guides its 2018 third quarter
      net sales to a range of $220 to $230 million. Rogers guides its 2018
      third quarter earnings to a range of $0.97 to $1.12 per diluted share,
      excluding the impact of purchase accounting related to the acquisition
      of Griswold. Adjusted earnings are guided to a range of $1.25 to $1.40
      per diluted share.
    </p>
    <p>
      Rogers guides 2018 full year capital spending to be in the range of $50
      to $60 million.
    </p>
    <p>
      Rogers guides the 2018 full year effective tax rate to be 25-27%, with a
      third quarter effective tax rate of 30-31%.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>About Rogers Corporation</b></u><br>Rogers Corporation (NYSE:ROG)
      is a global leader in engineered materials to power, protect, and
      connect our world. With more than 180 years of materials science
      experience, Rogers delivers high-performance solutions that enable clean
      energy, internet connectivity, and safety and protection applications,
      as well as other technologies where reliability is critical. Rogers
      delivers Power Electronics Solutions for energy-efficient motor drives,
      e-Mobility and renewable energy; Elastomeric Material Solutions for
      sealing, vibration management and impact protection in mobile devices,
      transportation interiors, industrial equipment and performance apparel;
      and Advanced Connectivity Solutions for wireless infrastructure,
      automotive safety and radar systems. Headquartered in Arizona (USA),
      Rogers operates manufacturing facilities in the United States, China,
      Germany, Belgium, Hungary, and South Korea, with joint ventures and
      sales offices worldwide.
    </p>
    <p>
      <u><b>Safe Harbor Statement</b></u><br>This release contains
      forward-looking statements, which may concern our plans, objectives,
      outlook, goals, strategies, future events, future net sales or
      performance, capital expenditures, financing needs, future
      restructuring, plans or intentions relating to expansions, business
      trends and other information that is not historical information. All
      forward-looking statements are based upon information available to us on
      the date of this release and are subject to risks, uncertainties and
      other factors, many of which are outside of our control, which could
      cause actual results to differ materially from the results discussed in
      the forward-looking statements. Risks that could cause such results to
      differ include: failure to capitalize on, and volatility within, the
      Company's growth drivers, including advanced mobility and advanced
      connectivity, such as delays in adoption or implementation of new
      technologies; uncertain business, economic and political conditions in
      the United States and abroad, particularly in China, South Korea,
      Germany, Hungary and Belgium, where we maintain significant
      manufacturing, sales or administrative operations; changes in trade
      policy, tariff regulation or other trade restrictions; fluctuations in
      foreign currency exchange rates; research and development efforts;
      competitive developments; business development transactions and related
      integration considerations, including failure to realize, or delays in
      the realization of anticipated benefits of such transactions; the
      outcome of ongoing and future litigation, including our asbestos-related
      product liability litigation; inability to obtain raw materials,
      including commodities, from single or limited source suppliers in a
      timely and cost effective manner; and changes in laws and regulations
      applicable to our business. For additional information about the risks,
      uncertainties and other factors that may affect our business, please see
      our most recent annual report on Form 10-K and any subsequent quarterly
      reports on Forms 10-Q filed with the Securities and Exchange Commission.
      Rogers Corporation assumes no responsibility to update any
      forward-looking statements contained herein except as required by law.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <i><b>Conference call and additional information</b></i>
    </p>
    <p>
      A conference call to discuss 2018 second quarter results today on
      Tuesday July, 31 2018 at 5pm ET.
    </p>
    <p>
      A live webcast and slide presentation will be available under the
      investors section of <u>www.rogerscorp.com/ir</u>.
    </p>
    <p>
      <b>To participate, please dial:</b>
    </p>
    <p style="margin-left: 30.0px">
      1-800-574-8929 Toll-free in the United States<br>1-973-935-8524
      Internationally<br>There is no passcode for the live teleconference.
    </p>
    <p>
      If you are unable to attend, a conference call playback will be
      available from July 31, 2018 at approximately 8 pm ET through August 7,
      2018 at 11:59 pm ET, by dialing 1-855-859-2056 from the United States,
      and 1-404-537-3406 from outside of the US, each with passcode 4967299.
    </p>
    <p>
      Additionally, the archived webcast will be available on the Rogers
      website at approximately 8 pm ET July 31, 2018.
    </p>
    <p>
      <b>Additional information</b><br>Please contact the Company directly via
      email or visit the Rogers website.
    </p>
    <p style="text-align: center">
      <i>(Financial statements follow)</i>
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="19">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="19">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Condensed Consolidated Statements of Operations (Unaudited)</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="7">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="7">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (DOLLARS AND SHARES IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          <b>June 30, 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          June 30, 2017
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          <b>June 30, 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          June 30, 2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>214,675</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          201,424
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>429,286</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          405,252
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Cost of sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>138,003</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          120,878
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>276,007</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          244,356
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Gross margin
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>76,672</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          80,546
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>153,279</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          160,896
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Selling, general and administrative expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>42,540</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          40,012
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>83,137</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          74,580
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Research and development expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>8,750</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          7,141
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>16,884</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          14,102
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Restructuring and impairment charges
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>541</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          1,079
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>963</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          1,805
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Other operating (income) expense, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>(383</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>(3,974</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          (942
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Operating income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>25,224</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          32,314
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>56,269</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          71,351
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Equity income in unconsolidated joint ventures
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>1,804</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          966
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>2,811</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          1,976
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Other income (expense), net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>(34</b>
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          260
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>32</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          1,379
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Interest expense, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>(1,292</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          (1,947
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>(2,503</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          (3,195
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Income before income tax expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>25,702</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          31,593
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>56,609</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          71,511
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Income tax expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>8,373</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          10,697
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>13,144</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          23,583
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>17,329</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          20,896
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>43,465</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          47,928
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px">
          Basic earnings per share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>0.94</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          1.15
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>2.37</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          2.65
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px">
          Diluted earnings per share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>0.93</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          1.13
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          <b>2.33</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; padding-right: 0.0px">
          2.60
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Shares used in computing:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 25.0px">
          Basic earnings per share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>18,389</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          18,140
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>18,338</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="3">
          18,098
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 25.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Diluted earnings per share
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>18,660</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          18,547
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>18,635</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="3">
          18,460
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Please note for adoption of ASU 2017-07, Rogers has reclassified second
      quarter and year to date 2017 pension and OPEB income, in the amount of
      $445 and $849 thousand, respectively, from selling, general and
      administrative expense to other income (expense), net, in the condensed
      consolidated statements of operations above.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Condensed Consolidated Statements of Financial Position
            (Unaudited)</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 62%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%; padding-bottom: 2.0px">
          <i>(IN THOUSANDS)</i>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          <b>June 30, 2018</b>
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          December 31, 2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%">
          <b>Assets</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%">
          Current assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Cash and cash equivalents
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px">
          <b>174,700</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px">
          181,159
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Accounts receivable, less allowance for doubtful accounts of $1,284
          and $1,525
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>148,727</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          140,562
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Contract assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>21,933</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          &#8212;
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Inventories
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>117,739</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          112,557
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Prepaid income taxes
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>2,732</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          3,087
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Current portion of asbestos-related insurance receivables
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>5,682</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          5,682
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Assets held for sale
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>381</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          896
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%; padding-bottom: 2.0px">
          Other current assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>13,535</b>
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          10,580
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%">
          Total current assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>485,429</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          454,523
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Property, plant and equipment, net of accumulated depreciation of
          $300,416 and $289,909
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>184,478</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          179,611
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Investments in unconsolidated joint ventures
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>19,411</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          18,324
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Deferred income taxes
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>3,501</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          6,008
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Goodwill
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>234,287</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          237,107
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Other intangible assets, net of amortization
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>152,009</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          160,278
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Asbestos-related insurance receivables
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>63,511</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          63,511
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%; padding-bottom: 2.0px">
          Other long-term assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>5,503</b>
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          5,772
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%; padding-bottom: 2.0px">
          Total assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>1,148,129</b>
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          1,125,134
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%">
          <b>Liabilities and Shareholders&#8217; Equity</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px; width: 62%">
          Current liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Accounts payable
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px">
          <b>37,299</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px">
          36,116
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Accrued employee benefits and compensation
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>26,081</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          39,394
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Accrued income taxes payable
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>3,987</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          6,408
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Current portion of capital lease obligations
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>600</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          579
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Current portion of asbestos-related liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>5,682</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          5,682
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%; padding-bottom: 2.0px">
          Other accrued liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>25,095</b>
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          25,629
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%">
          Total current liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>98,744</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          113,808
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px; width: 62%">
          Borrowings under credit facility
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>130,982</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          130,982
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Non-current portion of capital lease obligations
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>5,404</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          5,873
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Pension liability
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>8,720</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          8,720
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Retiree health care and life insurance benefits
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>1,685</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          1,685
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Asbestos-related liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>70,056</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          70,500
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Non-current income tax
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>9,755</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          12,823
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Deferred income taxes
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>13,879</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          10,706
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Other long-term liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>4,119</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          3,464
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%">
          Shareholders&#8217; equity
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Capital Stock - $1 par value; 50,000 authorized shares; 18,380 and
          18,255 shares issued and outstanding
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>18,380</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          18,255
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Additional paid-in capital
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>126,452</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          128,933
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%">
          Retained earnings
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          <b>732,217</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" colspan="2">
          684,540
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px; width: 62%; padding-bottom: 2.0px">
          Accumulated other comprehensive loss
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>(72,264</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          (65,155
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%; padding-bottom: 2.0px">
          Total shareholders' equity
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>804,785</b>
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          766,573
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px; width: 62%; padding-bottom: 2.0px">
          Total liabilities and shareholders' equity
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>1,148,129</b>
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; width: 15%; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          1,125,134
        </td>
        <td style="border-bottom-style: solid; width: 1%; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 62%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <i><b>Reconciliation of non-GAAP financial measures to the comparable
      GAAP measures</b></i>
    </p>
    <p>
      <i><b>Non-GAAP financial measures:</b></i>
    </p>
    <p>
      This earnings release includes the following financial measures that are
      not presented in accordance with generally accepted accounting
      principles in the United States of America (&#8220;GAAP&#8221;):
    </p>
    <p>
      (1) Adjusted earnings per diluted share, which the Company defines as
      earnings per diluted share excluding acquisition-related amortization of
      intangible assets and discrete items, such as restructuring expenses,
      acquisition and related integration costs, and gains or losses on asset
      or business dispositions (collectively, &#8220;Discrete Items&#8221;);
    </p>
    <p>
      (2) Adjusted EBITDA, which the Company defines as net income excluding
      interest expense, income tax expense, depreciation and amortization, and
      Discrete Items; and
    </p>
    <p>
      (3) Adjusted operating margin, which the Company defines as operating
      margin excluding acquisition-related amortization of intangible assets
      and Discrete Items.
    </p>
    <p>
      Management believes each of these measures is useful to investors
      because they allow for comparison to the Company&#8217;s performance in prior
      periods without the effect of items that, by their nature, tend to
      obscure the Company&#8217;s core operating results due to the potential
      variability across periods based on the timing, frequency and magnitude.
      As a result, management believes that adjusted earnings per diluted
      share, adjusted EBITDA and adjusted operating margin enhance the ability
      of investors to analyze trends in the Company&#8217;s business and evaluate
      the Company&#8217;s performance relative to peer companies. However, non-GAAP
      financial measures have limitations as analytical tools and should not
      be considered in isolation from, or solely as alternatives to, financial
      measures prepared in accordance with GAAP. In addition, these non-GAAP
      financial measures may differ from similarly named measures used by
      other companies. Reconciliations of the differences between these
      non-GAAP financial measures and their most directly comparable financial
      measures calculated in accordance with GAAP are set forth below.
    </p>
    <p>
      **2017 financial measures below have been adjusted for the adoption of
      ASU 2017-07, and has reclassified pension and OPEB income from selling,
      general and administrative expense to other income (expense), net.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="11">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Reconciliation of GAAP earnings per diluted share to
            adjusted earnings per diluted share for the second quarter:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="3">
          <b>2018</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          <b>Earnings per diluted share</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          <b>Q2</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="2">
          Q2
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          GAAP earnings per diluted share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>0.93</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          1.13
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Restructuring, severance, impairment and other related costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>0.09</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          0.04
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Acquisition and related integration costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>0.04</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          0.03
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Gain on sale of long-lived asset
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>(0.02</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Total discrete items
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>0.11</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          0.07
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Earnings per diluted share adjusted for discrete items
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>1.04</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          1.20
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Acquisition intangible amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>0.15</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          0.13
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Adjusted earnings per diluted share
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>1.19</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          1.33
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="11">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Reconciliation of GAAP net income to adjusted EBITDA for the
            second quarter*:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="3">
          <b>2018</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          (amounts in millions)
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="3">
          <b>Q2</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="2">
          Q2
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>17.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          20.9
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Interest expense, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>1.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          1.9
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Income tax expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>8.4</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          10.7
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Depreciation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>7.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          7.2
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>3.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          3.8
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Restructuring, severance, impairment and other related costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>2.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          1.1
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Acquisition and related integration costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>0.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          0.9
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Loss (gain) on sale of long-lived assets
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>(0.4</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Adjusted EBITDA
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>40.7</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          46.5
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>*Values in table may not add due to rounding.</i>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="10">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Reconciliation of GAAP operating margin to adjusted
            operating margin for the second quarter*:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          <b>2018</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px" colspan="2">
          2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          <b>Operating margin</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="2">
          <b>Q2</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="2">
          Q2
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          **GAAP operating margin
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>11.7</b>
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          16.0
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Restructuring, severance, impairment and other related costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>1.0</b>
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Acquisition and related integration costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>0.4</b>
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Loss (gain) on sale of long-lived assets
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>(0.2</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>)%</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          &#8212;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Total discrete Items
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>1.2</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>%</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          1.0
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Operating margin adjusted for discrete items
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>13.0</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>%</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          17.0
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Acquisition intangible amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>1.8</b>
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          1.8
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="2">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Adjusted operating margin
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>14.8</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>%</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: right; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          18.8
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>*Percentages in table may not add due to rounding.</i>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="5">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="5">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Reconciliation of GAAP earnings per diluted share to
            adjusted earnings per diluted share guidance for the 2018 second
            quarter:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          <b>Guidance</b><br><b>Q2 2018</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          GAAP earnings per diluted share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$1.10 - $1.25</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Discrete items
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$0.01</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Acquisition intangible amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$0.14</b>
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Adjusted earnings per diluted share
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$1.25 - $1.40</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-family: Times New Roman; font-size: 8pt" cellspacing="0">
      <tr>
        <td colspan="5">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="5">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Reconciliation of GAAP earnings per diluted share to
            adjusted earnings per diluted share guidance for the 2018 third
            quarter:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          <b>Guidance</b><br><b> Q3 2018</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          GAAP earnings per diluted share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$0.97 - $1.12</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Discrete items
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$0.13</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Acquisition intangible amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px">
          <b>$0.15</b>
        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; text-align: left; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black">
          Adjusted earnings per diluted share
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; text-align: center; white-space: nowrap; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; padding-right: 0.0px">
          <b>$1.25 - $1.40</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p>
      CONTACT:<br><b>Investor contact:</b><br>Rogers Corporation<br>Jack
      Monti, 480-917-6026<br><u>jack.monti@rogerscorp.com</u><br><u>http://www.rogerscorp.com</u>
    </p>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
