PHOTRONICS INC - FORM 8-K - EX-99.6 - RECONCILIATION OF GAAP NET INCOME TO EBITDA - February 14, 2013

Attached files

file filename
8-K - CURRENT REPORT - PHOTRONICS INCphotronics_8k.htm
EX-99.4 - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - PHOTRONICS INCexhibit99-4.htm
EX-99.2 - CONDENSED CONSOLIDATED STATEMENTS OF INCOME - PHOTRONICS INCexhibit99-2.htm
EX-99.5 - RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION - PHOTRONICS INCexhibit99-5.htm
EX-99.3 - CONDENSED CONSOLIDATED BALANCE SHEETS - PHOTRONICS INCexhibit99-3.htm
EX-99.1 - PRESS RELEASE DATED FEBRUARY 13, 2013 - PHOTRONICS INCexhibit99-1.htm

PHOTRONICS, INC. AND SUBSIDIARIES
Non-GAAP Financial Measure
Reconciliation of GAAP Net income to EBITDA
(in thousands)
(Unaudited)

Three Months Ended
      January 27, January 29,
2013       2012
GAAP Net income (a) $       2,859 $       4,841
 
Add: interest expense 1,887 1,781
Add: income tax expense 1,742 3,321
Add: depreciation and amortization 18,783 22,295
Add (less): special items (b) 886 794
EBITDA $ 26,157 $ 33,032

(a)        Includes net income attributable to noncontrolling interests.
 
(b) Special items consist of stock compensation expense, and in 2012 non-cash consolidation and restructuring charges, and warrants income.
 

Stock widget

Investing forum

PHOTRONICS INC Reports

Also read