Attached files
| file | filename |
|---|---|
| 8-K - PHOTRONICS, INC. 8-K 8-18-2016 - PHOTRONICS INC | form8k.htm |
| EX-99.6 - EXHIBIT 99.6 - PHOTRONICS INC | ex99_6.htm |
| EX-99.5 - EXHIBIT 99.5 - PHOTRONICS INC | ex99_5.htm |
| EX-99.3 - EXHIBIT 99.3 - PHOTRONICS INC | ex99_3.htm |
| EX-99.2 - EXHIBIT 99.2 - PHOTRONICS INC | ex99_2.htm |
| EX-99.1 - EXHIBIT 99.1 - PHOTRONICS INC | ex99_1.htm |
Exhibit 99.4
PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Cash Flows
(in thousands)
(Unaudited)
|
Nine Months Ended
|
||||||||
|
July 31,
2016
|
August 2,
2015
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
49,106
|
$
|
34,709
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
60,471
|
61,465
|
||||||
|
Gain on sale of investment
|
(8,940
|
)
|
-
|
|||||
|
Changes in assets and liabilities and other
|
(9,250
|
)
|
(4,347
|
)
|
||||
|
Net cash provided by operating activities
|
91,387
|
91,827
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(44,828
|
)
|
(80,107
|
)
|
||||
|
Proceeds from sale of investments
|
101,853
|
-
|
||||||
|
Other
|
584
|
(283
|
)
|
|||||
|
Net cash provided by (used in) investing activities
|
57,609
|
(80,390
|
)
|
|||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term borrowings
|
(56,276
|
)
|
(7,152
|
)
|
||||
|
Proceeds from share-based arrangements
|
3,172
|
2,375
|
||||||
|
Dividends paid to noncontrolling interests
|
(11,890
|
)
|
-
|
|||||
|
Other
|
(19
|
)
|
(171
|
)
|
||||
|
Net cash used in financing activities
|
(65,013
|
)
|
(4,948
|
)
|
||||
|
Effect of exchange rate changes on cash
|
1,819
|
(7,856
|
)
|
|||||
|
Net increase (decrease) in cash and cash equivalents
|
85,802
|
(1,367
|
)
|
|||||
|
Cash and cash equivalents, beginning of period
|
205,867
|
192,929
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
291,669
|
$
|
191,562
|
||||