Attached files
| file | filename |
|---|---|
| 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 |
| 8-K - 8-K - PHOTRONICS INC | form8k.htm |
Exhibit 99.4
PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Cash Flows
(in thousands)
(Unaudited)
|
Nine Months Ended
|
||||||||
|
July 29,
2018
|
July 30,
2017
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
44,467
|
$
|
10,793
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
64,485
|
64,081
|
||||||
|
Changes in operating assets, liabilities and other
|
(21,995
|
)
|
(1,085
|
)
|
||||
|
Net cash provided by operating activities
|
86,957
|
73,789
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(64,372
|
)
|
(38,759
|
)
|
||||
|
Acquisition of business
|
-
|
(5,400
|
)
|
|||||
|
Proceeds from sale of investments
|
-
|
167
|
||||||
|
Other
|
453
|
(458
|
)
|
|||||
|
Net cash used in investing activities
|
(63,919
|
)
|
(44,450
|
)
|
||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term borrowings
|
(4,170
|
)
|
(4,057
|
)
|
||||
|
Dividends paid to noncontrolling interests
|
(8,166
|
)
|
(8,298
|
)
|
||||
|
Purchase of treasury stock
|
(6,787
|
)
|
-
|
|||||
|
Contribution from noncontrolling interest
|
17,996
|
-
|
||||||
|
Proceeds from share-based arrangements
|
4,028
|
2,529
|
||||||
|
Other
|
(273
|
)
|
(33
|
)
|
||||
|
Net cash provided by (used in) financing activities
|
2,628
|
(9,859
|
)
|
|||||
|
Effect of exchange rate changes on cash
|
(948
|
)
|
7,018
|
|||||
|
Net increase in cash and cash equivalents
|
24,718
|
26,498
|
||||||
|
Cash and cash equivalents, beginning of period
|
308,021
|
314,074
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
332,739
|
$
|
340,572
|
||||