Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - PHOTRONICS INC | photronics_8k.htm |
| EX-99.5 - RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION - PHOTRONICS INC | exhibit99-5.htm |
| EX-99.6 - RECONCILIATION OF GAAP NET INCOME TO NON-GAAP EBITDA - PHOTRONICS INC | exhibit99-6.htm |
| EX-99.2 - CONDENSED CONSOLIDATED STATEMENTS OF INCOME - PHOTRONICS INC | exhibit99-2.htm |
| EX-99.3 - CONDENSED CONSOLIDATED BALANCE SHEETS - PHOTRONICS INC | exhibit99-3.htm |
| EX-99.4 - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - PHOTRONICS INC | exhibit99-4.htm |
| EX-99.1 - PRESS RELEASE DATED FEBRUARY 17, 2015 - PHOTRONICS INC | exhibit99-1.htm |
PHOTRONICS, INC. AND
SUBSIDIARIES
Non-GAAP Financial Measure
Reconciliation of GAAP Operating Income to
Non-GAAP Operating Income
(in thousands)
(Unaudited)
| Three Months Ended | |||||||||||
| February 1, | February 2, | ||||||||||
| 2015 | 2014 | ||||||||||
| $ | % | $ | % | ||||||||
| (a) | (a) | ||||||||||
| GAAP Operating Income | $ | 11,559 | 9.4 | % | $ | 5,630 | 5.6 | % | |||
| (b) Acquisition transaction expenses | – | – | 437 | 0.4 | |||||||
| Non-GAAP Operating Income | $ | 11,559 | 9.4 | % | $ | 6,067 | 6.0 | % | |||
| (a) | Represents percentage of net sales | |
| (b) | Represents transaction expenses in connection with the acquisition of DNP Photomask Technology Taiwan Co., Ltd., a wholly-owned subsidiary of Dai Nippon Printing Co., Ltd. | |