Attached files
| file | filename |
|---|---|
| 8-K - PHOTRONICS, INC. 8-K 12-6-2016 - 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)
|
Year Ended
|
||||||||
|
October 30,
2016
|
November 1,
2015
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
55,676
|
$
|
56,859
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
82,841
|
82,413
|
||||||
|
Gain on sales of investments
|
(8,940
|
)
|
-
|
|||||
|
Changes in assets and liabilities and other
|
(7,440
|
)
|
(6,077
|
)
|
||||
|
Net cash provided by operating activities
|
122,137
|
133,195
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(50,147
|
)
|
(104,033
|
)
|
||||
|
Proceeds from sales of investments
|
101,853
|
-
|
||||||
|
Other
|
584
|
(272
|
)
|
|||||
|
Net cash provided by (used in) investing activities
|
52,290
|
(104,305
|
)
|
|||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term borrowings
|
(57,609
|
)
|
(9,571
|
)
|
||||
|
Payments to noncontrolling interests
|
(12,856
|
)
|
-
|
|||||
|
Proceeds from share-based arrangements
|
3,463
|
2,651
|
||||||
|
Other
|
(20
|
)
|
(179
|
)
|
||||
|
Net cash used in financing activities
|
(67,022
|
)
|
(7,099
|
)
|
||||
|
Effect of exchange rate changes on cash
|
802
|
(8,853
|
)
|
|||||
|
Net increase in cash and cash equivalents
|
108,207
|
12,938
|
||||||
|
Cash and cash equivalents, beginning of period
|
205,867
|
192,929
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
314,074
|
$
|
205,867
|
||||