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)
|
Year Ended
|
||||||||
|
October 31,
2018
|
October 29,
2017
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
61,236
|
$
|
21,289
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
84,333
|
86,573
|
||||||
|
Changes in operating assets, liabilities and other
|
(15,002
|
)
|
(11,029
|
)
|
||||
|
Net cash provided by operating activities
|
130,567
|
96,833
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(92,585
|
)
|
(91,965
|
)
|
||||
|
Acquisition of business
|
-
|
(5,400
|
)
|
|||||
|
Proceeds from sale of investments
|
-
|
167
|
||||||
|
Other
|
1,856
|
(868
|
)
|
|||||
|
Net cash used in investing activities
|
(90,729
|
)
|
(98,066
|
)
|
||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term debt
|
(4,639
|
)
|
(5,428
|
)
|
||||
|
Dividends paid to noncontrolling interests
|
(8,166
|
)
|
(8,298
|
)
|
||||
|
Purchase of treasury stock
|
(23,111
|
)
|
-
|
|||||
|
Contribution from noncontrolling interest
|
17,996
|
-
|
||||||
|
Proceeds from share-based arrangements
|
4,634
|
2,830
|
||||||
|
Other
|
(519
|
)
|
(32
|
)
|
||||
|
Net cash used in financing activities
|
(13,805
|
)
|
(10,928
|
)
|
||||
|
Effect of exchange rate changes on cash
|
(4,777
|
)
|
6,108
|
|||||
|
Net increase (decrease) in cash and cash equivalents
|
21,256
|
(6,053
|
)
|
|||||
|
Cash and cash equivalents, beginning of period
|
308,021
|
314,074
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
329,277
|
$
|
308,021
|
||||