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-99.2 - RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION - PHOTRONICS INC | exhibit99-2.htm |
PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
(Unaudited)
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
(Unaudited)
| Three Months Ended | ||||||||
| January 30, | January 31, | |||||||
| 2011 | 2010 | |||||||
| Net sales | $ | 120,823 | $ | 98,197 | ||||
| Costs and expenses: | ||||||||
| Cost of sales | (90,229 | ) | (80,020 | ) | ||||
| Selling, general and administrative | (10,713 | ) | (10,149 | ) | ||||
| Research and development | (3,771 | ) | (3,954 | ) | ||||
| Consolidation, restructuring and related charges | - | (193 | ) | |||||
| Operating income | 16,110 | 3,881 | ||||||
| Other income (expense), net | 957 | (2,453 | ) | |||||
| Income before income taxes | 17,067 | 1,428 | ||||||
| Income tax provision | (3,483 | ) | (1,020 | ) | ||||
| Net income | 13,584 | 408 | ||||||
| Net income attributable to noncontrolling interests | (1,473 | ) | (195 | ) | ||||
| Net income attributable to Photronics, Inc. | $ | 12,111 | $ | 213 | ||||
| Earnings per share: | ||||||||
| Basic | $ | 0.23 | $ | 0.00 | ||||
| Diluted | $ | 0.20 | $ | 0.00 | ||||
| Weighted-average number of common shares | ||||||||
| outstanding: | ||||||||
| Basic | 53,817 | 53,102 | ||||||
| Diluted | 66,411 | 54,824 | ||||||