Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - PHOTRONICS INC | photronics_8k.htm |
| EX-99.1 - PRESS RELEASE DATED FEBRUARY 15, 2011 - PHOTRONICS INC | exhibit99-1.htm |
| EX-99.4 - CONDENSED CONSOLIDATED BALANCE SHEETS - PHOTRONICS INC | exhibit99-4.htm |
| EX-99.5 - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - PHOTRONICS INC | exhibit99-5.htm |
| EX-99.3 - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - PHOTRONICS INC | exhibit99-3.htm |
PHOTRONICS, INC. AND SUBSIDIARIES
Reconciliation of GAAP to Non-GAAP Financial Information
(in thousands, except per share data)
(Unaudited)
Reconciliation of GAAP to Non-GAAP Financial Information
(in thousands, except per share data)
(Unaudited)
| Three Months Ended | ||||||
| January 30, | January 31, | |||||
| 2011 | 2010 | |||||
| Reconciliation of GAAP to Non-GAAP Net Income | ||||||
| GAAP net income attributable to Photronics, Inc. | $ | 12,111 | $ | 213 | ||
| (a) Impact of warrants, net of tax | 75 | 220 | ||||
| (b) Consolidation and restructuring charges, net of tax | - | 193 | ||||
| Non-GAAP net income attributable to Photronics, Inc. | $ | 12,186 | $ | 626 | ||
| Weighted average number of diluted shares outstanding | 66,411 | 54,824 | ||||
| Earnings per diluted share | ||||||
| GAAP | $ | 0.20 | $ | - | ||
| Non-GAAP | $ | 0.20 | $ | 0.01 | ||
| (a) | Represents financing expenses related to warrants, which are recorded in other income (expense). | |
| (b) | Represents charges related to restructuring in China. |