Attached files
| file | filename |
|---|---|
| EX-99.7 - EXHIBIT 99.7 - PHOTRONICS INC | ex99_7.htm |
| EX-99.6 - EXHIBIT 99.6 - PHOTRONICS INC | ex99_6.htm |
| EX-99.4 - EXHIBIT 99.4 - PHOTRONICS INC | ex99_4.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 |
| 8-K - 8-K - PHOTRONICS INC | form8k.htm |
Exhibit 99.5
PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Cash Flows
(in thousands)
(Unaudited)
|
Nine Months Ended
|
||||||||
|
July 30,
|
July 31,
|
|||||||
|
2017
|
2016
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
10,793
|
$
|
49,106
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
64,081
|
60,102
|
||||||
|
Gain on sale of investment
|
-
|
(8,940
|
)
|
|||||
|
Changes in assets, liabilities and other
|
(1,085
|
)
|
(8,881
|
)
|
||||
|
Net cash provided by operating activities
|
73,789
|
91,387
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(38,759
|
)
|
(44,828
|
)
|
||||
|
Acquisition of Business
|
(5,400
|
)
|
-
|
|||||
|
Proceeds from sale of investments
|
167
|
101,853
|
||||||
|
Other
|
(458
|
)
|
584
|
|||||
|
Net cash provided by (used in) investing activities
|
(44,450
|
)
|
57,609
|
|||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term borrowings
|
(4,057
|
)
|
(56,276
|
)
|
||||
|
Proceeds from share-based arrangements
|
2,529
|
3,172
|
||||||
|
Dividends paid to noncontrolling interests
|
(8,298
|
)
|
(11,890
|
)
|
||||
|
Other
|
(33
|
)
|
(19
|
)
|
||||
|
Net cash used in financing activities
|
(9,859
|
)
|
(65,013
|
)
|
||||
|
Effect of exchange rate changes on cash
|
7,018
|
1,819
|
||||||
|
Net increase in cash and cash equivalents
|
26,498
|
85,802
|
||||||
|
Cash and cash equivalents, beginning of period
|
314,074
|
205,867
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
340,572
|
$
|
291,669
|
||||