<SEC-DOCUMENT>0001157523-18-002267.txt : 20181101
<SEC-HEADER>0001157523-18-002267.hdr.sgml : 20181101
<ACCEPTANCE-DATETIME>20181101161057
ACCESSION NUMBER:		0001157523-18-002267
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181101
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181101
DATE AS OF CHANGE:		20181101

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:		181153872

	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>a51892970.htm
<DESCRIPTION>ROGERS CORPORATION 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2018 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 10pt">
    <hr style="text-align: center; color: #000000; height: 2.0 pt; width: 100%">


    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman"><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-size: 18pt; font-family: Times New Roman"><b>FORM 8-K</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>
      </b></font><b><font style="font-size: 10pt; font-family: Times New Roman">Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></b><br><br><font style="font-size: 10pt; font-family: Times New Roman">Date
      of Report (Date of earliest event reported)</font><br><font style="font-size: 10pt; font-family: Times New Roman"><b>November
      1, 2018</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>ROGERS
      CORPORATION</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-size: 10pt; font-family: Times New Roman">(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; font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman"><b>Massachusetts</b></font>
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; width: 34%; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-4347</b>
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; width: 33%; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>06-0513860</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; 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="padding-left: 0.0px; text-align: center; width: 34%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File Number)
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; 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="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <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="padding-left: 0.0px; text-align: center">
          <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-size: 10pt; font-family: Times New Roman"><b>(480)
      917-6000</b></font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-size: 10pt; font-family: Times New Roman">(Registrant&#8217;s
      telephone number, including area code)</font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-size: 10pt; font-family: Times New Roman"><b>Not
      Applicable</b></font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-size: 10pt; font-family: Times New Roman">(Former
      name or former address, if changed since last report)</font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">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-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      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-size: 12pt; font-family: Arial Unicode MS">&#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-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

        </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;&#160;&#160;&#160;Results of Operations and Financial Condition</b>
    </p>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 7.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Regulation FD Disclosure</b>
    </p>
    <p>
      In a press release dated November 1, 2018, the Company announced its
      third quarter 2018 results and provided guidance for the fourth 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
      November 1, 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
      November 1, 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>

    </p>
    <p>
      <b>Item 9.01 &#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="margin-left: 30.0px; margin-right: 30.0px; font-size: 10pt; font-family: Times New Roman">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;Exhibits
    </p>
    <p style="margin-left: 60.0px; white-space: nowrap">

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 12%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No</u>.
          </p>
        </td>
        <td valign="top" style="padding-left: 100.0px; text-align: left; width: 88%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 12%">

        </td>
        <td style="width: 88%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; width: 12%; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51892970ex99_1.htm">99.1</a>
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 88%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51892970ex99_1.htm">Press release, dated November 1,
            2018, issued by Rogers Corporation</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap">

    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman">SIGNATURES</font><br>
    </p>
    <p style="text-align: left; text-indent: 30.0px">
      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; font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 5%">
          &#160;
        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left" 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 valign="top" style="padding-left: 0.0px; text-align: left; width: 17%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

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

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

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

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

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

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

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

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

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

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

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 17%">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="2">

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

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

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 17%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date: November 1, 2018
          </p>
        </td>
        <td style="width: 3%">

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

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

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

    </p>
  </body>
</html>
<!--<!DOCTYPE html
     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51892970ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2018 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Rogers
      Corporation Reports Third Quarter 2018 Results</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>Rogers
      Delivers Record Revenue with Strong Sequential Earnings Performance</b></font></i>
    </p>
    <p>
      CHANDLER, Ariz.--(BUSINESS WIRE)--November 1, 2018--Rogers Corporation
      (NYSE:ROG) today announced financial results for the 2018 third quarter.
    </p>
    <p>
      The Company reported 2018 third quarter net sales of $226.9 million,
      which was within the Company's previously announced guidance of $220 to
      $230 million. Q3 2018 net sales increased $12.2 million (+5.7%) over Q2
      2018 net sales and $20.1 million (+9.7%) over Q3 2017 net sales.
      Currency exchange rates negatively impacted 2018 third quarter net sales
      by $4.2 million compared to the 2018 second quarter but had favorable
      impact of $0.8 million on 2018 third quarter revenues compared to the
      2017 third quarter.
    </p>
    <p>
      Gross margin was 34.9% in the third quarter of 2018, compared to 35.7%
      in the second quarter of 2018 and 39.7% in the third quarter of 2017. Q3
      2018 gross margin was lower than our guidance of 37%. GAAP operating
      margin was 13.1% in the third quarter of 2018, compared to 11.7% in the
      second quarter of 2018 and 19.0% in the third quarter of 2017. Adjusted
      operating margin was 17.0% in Q3 2018, compared to 14.8% in Q2 2018 and
      19.4% in Q3 2017.
    </p>
    <p>
      Third quarter 2018 GAAP net income was $19.7 million, compared to $17.3
      million in the second quarter of 2018 and $25.5 million in the third
      quarter of 2017.
    </p>
    <p>
      GAAP earnings for the 2018 third quarter were $1.06 per diluted share,
      compared to $0.93 per diluted share in the second quarter of 2018 and
      $1.37 per diluted share in the third quarter of 2017. Q3 GAAP earnings
      per diluted share were within the Company's guidance of $0.97 to $1.12.
      On an adjusted basis, earnings were $1.42 per diluted share for the 2018
      third quarter, compared to adjusted diluted earnings per share of $1.19
      for the second quarter and $1.41 per diluted share for the 2017 third
      quarter. Adjusted earnings were above the Company's guidance of $1.25 to
      $1.40 per diluted share.
    </p>
    <p>
      Adjusted EBITDA was $47.5 million for the third quarter of 2018,
      compared to $40.7 million for the second quarter and $50.7 million
      reported in the third quarter of 2017.
    </p>
    <p>
      &#8220;We were pleased with the strong organic revenue growth in Rogers&#8217; PES
      and EMS businesses, as well as our overall earnings performance in the
      quarter,&#8221; stated Bruce D. Hoechner, Rogers&#8217; President and Chief
      Executive Officer. &#8220;However, market weakness in 4G LTE and Advanced
      Driver Assistance Systems applications led to lower than expected demand
      in our ACS business that unfavorably impacted gross margin. While there
      is still more work to do, we continue to make progress on our
      operational excellence initiatives to drive profitability. Our outlook
      remains positive as we anticipate the transition in wireless
      telecommunications infrastructure from 4G to 5G, as well as strength in
      demand for Advanced Mobility applications, including ADAS and EV/HEV.&#8221;
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

        </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 third quarter net sales of $71.9
      million, a decrease of $4.5 million (-5.9%) compared to the 2018 second
      quarter and a decrease of $0.8 million (-1.2%) compared to 2017 third
      quarter net sales. Third quarter 2018 saw lower than expected revenues
      from Advanced Driver Assistance Systems (ADAS) applications as supply
      chain volatility increased due to platform migrations to higher
      frequencies and European car manufacturers work through new regulatory
      standards. In addition, the business experienced continued softness in
      demand for wireless 4G LTE applications in anticipation of the
      transition to 5G. Third quarter 2018 net sales were negatively impacted
      by $1.3 million due to fluctuations in currency exchange rates compared
      to the second quarter of 2018, but were favorably impacted by $0.1
      million compared to the third quarter of 2017.
    </p>
    <p>
      <u><b>Elastomeric Material Solutions (EMS)</b></u><br>Elastomeric
      Material Solutions reported 2018 third quarter net sales of $95.8
      million, an increase of $16.6 million (+21.0%) compared to the 2018
      second quarter and an increase of $13.6 million (+16.5%) compared to
      2017 third quarter net sales. Strong organic growth was driven by demand
      in automotive, portable electronics and general industrial applications.
      Segment revenue also benefited from the recently acquired Griswold
      business. Third quarter 2018 net sales were negatively impacted by $1.4
      million due to fluctuations in currency exchange rates compared to the
      2018 second quarter but were favorably impacted by $0.3 million compared
      to the 2017 third quarter.
    </p>
    <p>
      <u><b>Power Electronics Solutions (PES)</b></u><br>Power Electronics
      Solutions reported 2018 third quarter net sales of $55.2 million, an
      increase of $1.6 million (+3.0%) compared to the 2018 second quarter and
      an increase of $8.8 million (+19.0%) compared to 2017 third quarter net
      sales of $46.4 million. The business continues to benefit from
      accelerating demand in electric and hybrid electric vehicles. Third
      quarter 2018 net sales were negatively impacted by $1.5 million due to
      fluctuations in currency exchange rates compared to the second quarter
      of 2018 but were favorably impacted by $0.4 million compared to the
      third quarter of 2017.
    </p>
    <p>
      <u><b>Other</b></u><br>Other reported 2018 third quarter net sales of
      $4.0 million which decreased $1.4 million (-26.2%) compared to both the
      second quarter 2018 and third quarter of 2017 net sales. The change was
      primarily driven by the timing of revenue recognition under the new
      standard.
    </p>
    <p>
      <u><b>Balance sheet and other highlights</b></u>
    </p>
    <p>
      <u><b>Cash position</b></u><br>Rogers ended the third quarter of 2018
      with cash and cash equivalents of $149.6 million, a decrease of $31.6
      million from $181.2 million at December&#160;31, 2017. This decrease was
      primarily due to $78.6 million paid for the Griswold acquisition, net of
      cash, $36.6 million in capital expenditures, $43.4 million paid for the
      Isola asset acquisition, and $25.0 million in pension contributions in
      anticipation of the proposed termination of the Rogers Corporation
      Defined Benefit Pension Plan, along with $6.5 million in tax payments
      related to net share settlement of equity awards and $3.0 million in
      repurchases of capital stock. This activity was partially offset by
      $102.5 million in borrowings under our revolving credit facility, of
      which $82.5 million and $20.0 million were used to fund the Griswold
      acquisition and the voluntary pension plan contribution, respectively,
      and by cash generated by operations.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

        </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 31.0% for the third quarter of 2018, compared to 32.6% in the second
      quarter of 2018 and 37.6% for the third 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 fourth quarter
      net sales to a range of $215 to $225 million and gross margin in the
      range of 35% to 36%. Rogers guides its 2018 fourth quarter earnings to a
      range of $0.84 to $0.99 per diluted share. Adjusted earnings are guided
      to a range of $1.20 to $1.35 per diluted share.
    </p>
    <p>
      Rogers guides 2018 full year capital spending to be in the range of $45
      to $55 million. In addition, the business invested an incremental $43.4
      million for the Isola asset acquisition.
    </p>
    <p>
      Rogers guides the 2018 full year effective tax rate to be 26-28%, with a
      fourth quarter effective tax rate of 30-31%.
    </p>
    <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="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

        </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 third quarter results today on
      Thursday November, 01 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
    </p>
    <p style="margin-left: 30.0px">
      1-973-935-8524 Internationally
    </p>
    <p style="margin-left: 30.0px">
      There is no passcode for the live teleconference.
    </p>
    <p>
      If you are unable to attend, a conference call playback will be
      available from November 1, 2018 at approximately 8 pm ET through
      November 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 8097939.
    </p>
    <p>
      Additionally, the archived webcast will be available on the Rogers
      website at approximately 8 pm ET November 11, 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="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap" colspan="21">
          <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 style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="8">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="8">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="8">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="8">
          <b>Nine Months Ended</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left">
          <i>(DOLLARS AND SHARES IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="3">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="3">
          <p style="margin-top: 0px; margin-bottom: 0px">
            September 30,<br>2017
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="3">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>September 30,</b><br><b>2018</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="3">
          <p style="margin-top: 0px; margin-bottom: 0px">
            September 30,<br>2017
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Net sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>226,863</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          206,783
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>656,149</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          612,035
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>147,733</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          124,595
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>423,741</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          368,951
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Gross margin
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>79,130</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          82,188
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>232,408</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          243,084
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>39,943</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          39,010
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>123,080</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          113,590
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>7,630</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          7,411
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>24,514</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          21,512
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>1,052</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          962
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>2,015</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          2,767
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>863</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          (4,387
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>(3,111</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          (5,329
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Operating income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>29,642</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          39,192
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>85,910</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          110,544
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>1,642</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          1,384
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>4,453</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          3,359
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>(680</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          1,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>(647</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          3,370
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>(2,000</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          (1,639
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>(4,503</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          (4,834
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Income before income tax expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>28,604</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          40,928
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>85,213</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          112,439
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>8,870</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          15,396
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>22,014</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          38,979
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          <b>19,734</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          25,532
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          <b>63,199</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          73,460
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          <b>1.07</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          1.40
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          <b>3.44</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          4.05
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          <b>1.06</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          1.37
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          <b>3.39</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: left; border-bottom-style: double; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 2.25pt; padding-right: 0.0px; text-align: right; border-bottom-style: double; white-space: nowrap">
          3.97
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Basic earnings per share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>18,403</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          18,181
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>18,360</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          18,126
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 15.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Diluted earnings per share
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>18,678</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          18,588
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>18,649</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          18,503
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Please note for adoption of ASU 2017-07, Rogers has reclassified third
      quarter and year to date 2017 pension and OPEB income, in the amounts of
      $395 and $1,244 thousand, respectively, from Selling, general and
      administrative expense to Other income (expense), net, in the condensed
      consolidated statements of operations above.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap" 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>

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

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

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>149,556</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accounts receivable, less allowance for doubtful accounts of $1,143
          and $1,525
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>155,706</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Contract assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>20,260</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>125,885</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Prepaid income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>2,820</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Current portion of asbestos-related insurance receivables
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Assets held for sale
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left">
          Other current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>12,416</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>472,325</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Property, plant and equipment, net of accumulated depreciation of
          $308,126 and $289,909
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>241,504</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Investments in unconsolidated joint ventures
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>17,812</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>4,478</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>266,304</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Other intangible assets, net of amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>181,618</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Asbestos-related insurance receivables
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left">
          Other long-term assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>21,873</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          <b>1,269,425</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 5.0px; text-align: left">
          Current liabilities
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accounts payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>39,999</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accrued employee benefits and compensation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>27,598</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Accrued income taxes payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>9,189</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Current portion of capital lease obligations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>436</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Current portion of asbestos-related liabilities
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left">
          Other accrued liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>24,686</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>107,590</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 5.0px; text-align: left">
          Borrowings under credit facility
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>233,482</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Non-current portion of capital lease obligations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>4,786</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Pension liability
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>268</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Retiree health care and life insurance benefits
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Asbestos-related liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>69,560</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Non-current income tax
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>10,707</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>10,936</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Other long-term liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>4,028</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Capital Stock - $1 par value; 50,000 authorized shares; 18,390 and
          18,255 shares issued and outstanding
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>18,390</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Additional paid-in capital
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>129,659</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Retained earnings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap" colspan="2">
          <b>751,951</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; padding-bottom: 2.0px; text-align: left">
          Accumulated other comprehensive loss
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>(73,617</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>826,383</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          <b>1,269,425</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          1,125,134
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </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="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

        </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, transition services related
      to asset acquisition, 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="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <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 third quarter*:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </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-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>2018</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="2">
          2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          <b>Earnings per diluted share</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-style: solid" colspan="2">
          <b>Q3</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-style: solid" colspan="2">
          Q3
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          GAAP earnings per diluted share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>$1.06</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $1.37
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <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="padding-left: 0.0px; text-align: left">
          Restructuring, severance, impairment and other related costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>0.11</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          0.03
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          0.02
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Loss (gain) on sale of long-lived assets
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (0.15
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Purchase accounting inventory adjustment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>0.02</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Transition services, net
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          <b>0.03</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          &#8212;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Total discrete items
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          $0.19
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          ($0.10
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Earnings per diluted share adjusted for discrete items
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          <b>$1.24</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          $1.27
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <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="padding-left: 0.0px; text-align: left">
          Acquisition intangible amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>0.18</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          0.14
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="2">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Adjusted earnings per diluted share
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          $1.42
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          $1.41
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Reconciliation of GAAP net income to adjusted EBITDA for the
            third quarter*:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </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-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="2">
          <b>2018</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap" colspan="2">
          2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          (amounts in millions)
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-style: solid" colspan="2">
          <b>Q3</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-style: solid" colspan="2">
          Q3
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>$19.7</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          $25.5
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>2.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          1.6
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>8.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          15.4
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>8.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          7.3
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>4.4</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          3.9
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>2.7</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          0.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Loss (gain) on sale of long-lived assets
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          (4.4
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Purchase accounting inventory adjustment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: right; white-space: nowrap">
          <b>0.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Transition services lease income
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          <b>(0.2</b>
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-style: solid; white-space: nowrap">
          <b>)</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          <b>&#8212;</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Adjusted EBITDA
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          <b>$47.5</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: right; border-bottom-style: solid; white-space: nowrap">
          $50.7
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <i>*Values in table may not add due to rounding.</i>
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="7">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>Reconciliation of GAAP operating margin to adjusted
            operating margin for the third quarter*:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <b>2018</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          2017
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          <b>Operating margin</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-style: solid">
          <b>Q3</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: center; border-bottom-style: solid">
          Q3
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          **GAAP operating margin
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>13.1%</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          19.0%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>1.2%</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          0.2%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Loss (gain) on sale of long-lived assets
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          (2.1)%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Purchase accounting inventory adjustment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>0.1%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          &#8212;%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Transition services, net
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <b>0.3%</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          &#8212;%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Total discrete Items
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <b>2.0%</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          (1.4)%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Operating margin adjusted for discrete items
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <b>15.1%</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          17.6%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>1.9%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          1.8%
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Adjusted operating margin
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <b>17.0%</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          19.4%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <i>*Percentages in table may not add due to rounding.</i>
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="4">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="4">
          <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 colspan="4">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Guidance</b><br><b>Q3 2018</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          GAAP earnings per diluted share
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>$0.97 - $1.12</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>$0.15</b>
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Adjusted earnings per diluted share
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <b>$1.25 - $1.40</b>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="4">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="4">
          <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 fourth
            quarter:</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Guidance</b><br><b>Q4 2018</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          GAAP earnings per diluted share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>$0.84 - $0.99</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>$0.18</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; padding-right: 0.0px; text-align: center; white-space: nowrap">
          <b>$0.18</b>
        </td>
      </tr>
      <tr>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; text-align: left; border-bottom-style: solid">
          Adjusted earnings per diluted share
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; padding-left: 0.0px; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-style: solid; white-space: nowrap">
          <b>$1.20 - $1.35</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p>
      CONTACT:<br><b>Investor contact:</b><br>Rogers Corporation<br>Mike
      Ludwig, 480-917-6073<br><u>investor.relations@rogerscorp.com</u><br><u>http://www.rogerscorp.com</u>
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
