XML 41 R32.htm IDEA: XBRL DOCUMENT
v3.23.3

Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Leases [Abstract] |
Schedule of Lease Expense, Payments for Operating Leases, and Information Related to Lease Term and Discount Rates | Our expenses and payments for operating leases were as follows:
| Three Months Ended |  | Nine Months Ended
(Dollars in thousands) | September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022
Operating leases expense | $ | 1,004 |  |  | $ | 652 |  |  | $ | 2,851 |  |  | $ | 1,896 |
Short-term leases expense | $ | 211 |  |  | $ | 168 |  |  | $ | 568 |  |  | $ | 420 |
Payments on operating lease obligations | $ | 871 |  |  | $ | 663 |  |  | $ | 2,606 |  |  | $ | 2,231 |
The following table includes information regarding the lease term and discount rates utilized in the calculation of the present value of net future minimum lease payments:
| Finance Leases |  | Operating Leases
Weighted Average Remaining Lease Term | 4.2 years |  | 5.8 years
Weighted Average Discount Rate | 4.07% |  | 4.89%
Schedule of Assets and Liabilities Balance Related To Finance and Operating Leases | Our assets and liabilities balances related to finance and operating leases reflected in the condensed consolidated statements of financial position were as follows:
(Dollars in thousands) | Location in Statements of Financial Position | September 30, 2023 |  | December 31, 2022
Finance lease right-of-use assets | Property, plant and equipment, net | $ | 1,477 |  |  | $ | 1,749 |
Operating lease right-of-use assets | Other long-term assets | $ | 12,487 |  |  | $ | 13,013 |
Finance lease obligations, current portion | Finance lease obligations, current portion | $ | 345 |  |  | $ | 498 |
Finance lease obligations, non-current portion | Finance lease obligations, non-current portion | $ | 1,147 |  |  | $ | 1,295 |
Total finance lease obligations |  | $ | 1,492 |  |  | $ | 1,793 |
Operating lease obligations, current portion | Other accrued liabilities | $ | 2,933 |  |  | $ | 2,842 |
Operating lease obligations, non-current portion | Other long-term liabilities | $ | 9,752 |  |  | $ | 10,689 |
Total operating lease obligations |  | $ | 12,685 |  |  | $ | 13,531 |
Schedule of Finance Lease Liability Maturity | The following table includes future minimum lease payments under finance and operating leases together with the present value of the net future minimum lease payments as of September 30, 2023:
| Finance |  | Operating
(Dollars in thousands) | Leases Signed |  | Less: Leases Not Yet Commenced |  | Leases in Effect |  | Leases Signed |  | Less: Leases Not Yet Commenced |  | Leases in Effect
2023 | $ | 103 |  |  | $ | (2) |  |  | $ | 101 |  |  | $ | 1,386 |  |  | $ | (204) |  |  | $ | 1,182 |
2024 | 415 |  |  | (11) |  |  | 404 |  |  | 4,171 |  |  | (834) |  |  | 3,337 |
2025 | 416 |  |  | (11) |  |  | 405 |  |  | 3,537 |  |  | (860) |  |  | 2,677 |
2026 | 409 |  |  | (11) |  |  | 398 |  |  | 2,973 |  |  | (873) |  |  | 2,100 |
2027 | 205 |  |  | (11) |  |  | 194 |  |  | 2,465 |  |  | (826) |  |  | 1,639 |
Thereafter | 156 |  |  | (9) |  |  | 147 |  |  | 8,896 |  |  | (4,868) |  |  | 4,028 |
Total lease payments | 1,704 |  |  | (55) |  |  | 1,649 |  |  | 23,428 |  |  | (8,465) |  |  | 14,963 |
Less: Interest | (164) |  |  | 7 |  |  | (157) |  |  | (4,348) |  |  | 2,070 |  |  | (2,278) |
Present Value of Net Future Minimum Lease Payments | $ | 1,540 |  |  | $ | (48) |  |  | $ | 1,492 |  |  | $ | 19,080 |  |  | $ | (6,395) |  |  | $ | 12,685 |
Schedule of Operating Lease Liability Maturity | The following table includes future minimum lease payments under finance and operating leases together with the present value of the net future minimum lease payments as of September 30, 2023:
| Finance |  | Operating
(Dollars in thousands) | Leases Signed |  | Less: Leases Not Yet Commenced |  | Leases in Effect |  | Leases Signed |  | Less: Leases Not Yet Commenced |  | Leases in Effect
2023 | $ | 103 |  |  | $ | (2) |  |  | $ | 101 |  |  | $ | 1,386 |  |  | $ | (204) |  |  | $ | 1,182 |
2024 | 415 |  |  | (11) |  |  | 404 |  |  | 4,171 |  |  | (834) |  |  | 3,337 |
2025 | 416 |  |  | (11) |  |  | 405 |  |  | 3,537 |  |  | (860) |  |  | 2,677 |
2026 | 409 |  |  | (11) |  |  | 398 |  |  | 2,973 |  |  | (873) |  |  | 2,100 |
2027 | 205 |  |  | (11) |  |  | 194 |  |  | 2,465 |  |  | (826) |  |  | 1,639 |
Thereafter | 156 |  |  | (9) |  |  | 147 |  |  | 8,896 |  |  | (4,868) |  |  | 4,028 |
Total lease payments | 1,704 |  |  | (55) |  |  | 1,649 |  |  | 23,428 |  |  | (8,465) |  |  | 14,963 |
Less: Interest | (164) |  |  | 7 |  |  | (157) |  |  | (4,348) |  |  | 2,070 |  |  | (2,278) |
Present Value of Net Future Minimum Lease Payments | $ | 1,540 |  |  | $ | (48) |  |  | $ | 1,492 |  |  | $ | 19,080 |  |  | $ | (6,395) |  |  | $ | 12,685 |

X
- Definition Assets and Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | rog_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | rog_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration