Attached files
| file | filename |
|---|---|
| EX-99.5 - EXHIBIT 99.5 - PHOTRONICS INC | ex99_5.htm |
| EX-99.2 - EXHIBIT 99.2 - PHOTRONICS INC | ex99_2.htm |
| 8-K - PHOTRONICS, INC 8-K 2-15-2017 - PHOTRONICS INC | form8k.htm |
| EX-99.3 - EXHIBIT 99.3 - PHOTRONICS INC | ex99_3.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)
|
Three Months Ended
|
||||||||
|
January 29,
2017
|
January 31,
2016
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
4,510
|
$
|
23,501
|
||||
|
Adjustments to reconcile net income to net cash
|
||||||||
|
provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
20,965
|
20,628
|
||||||
|
Gain on sale of investment
|
-
|
(8,785
|
)
|
|||||
|
Changes in assets, liabilities and other
|
6,064
|
8,044
|
||||||
|
Net cash provided by operating activities
|
31,539
|
43,388
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(9,600
|
)
|
(21,539
|
)
|
||||
|
Acquisition of Business
|
(5,400
|
)
|
-
|
|||||
|
Proceeds from sale of investments
|
-
|
8,785
|
||||||
|
Other
|
(396
|
)
|
193
|
|||||
|
Net cash used in investing activities
|
(15,396
|
)
|
(12,561
|
)
|
||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term borrowings
|
(1,343
|
)
|
(2,437
|
)
|
||||
|
Proceeds from share-based arrangements
|
1,113
|
2,063
|
||||||
|
Other
|
(16
|
)
|
-
|
|||||
|
Net cash used in financing activities
|
(246
|
)
|
(374
|
)
|
||||
|
Effect of exchange rate changes on cash
|
(275
|
)
|
(4,876
|
)
|
||||
|
Net increase in cash and cash equivalents
|
15,622
|
25,577
|
||||||
|
Cash and cash equivalents, beginning of period
|
314,074
|
205,867
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
329,696
|
$
|
231,444
|
||||