Attached files
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EX-99.5 - EXHIBIT 99.5 - PHOTRONICS INC | brhc10020762_ex99-5.htm |
EX-99.3 - EXHIBIT 99.3 - PHOTRONICS INC | brhc10020762_ex99-3.htm |
EX-99.2 - EXHIBIT 99.2 - PHOTRONICS INC | brhc10020762_ex99-2.htm |
EX-99.1 - EXHIBIT 99.1 - PHOTRONICS INC | brhc10020762_ex99-1.htm |
8-K - 8-K - PHOTRONICS INC | brhc10020762_8k.htm |
Exhibit 99.4
Condensed Consolidated Statements of Cash Flows
(in thousands)
(Unaudited)
Three Months Ended
|
||||||||
January 31,
2021
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February 2,
2020
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|||||||
Cash flows from operating activities:
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||||||||
Net income
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$
|
9,509
|
$
|
10,928
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||||
Adjustments to reconcile net income to net cash provided by operating activities:
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||||||||
Depreciation and amortization
|
23,724
|
24,626
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||||||
Share-based compensation
|
1,301
|
1,356
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||||||
Changes in operating assets, liabilities and other
|
(8,247
|
)
|
(6,125
|
)
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||||
Net cash provided by operating activities
|
26,287
|
30,785
|
||||||
Cash flows from investing activities:
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||||||||
Purchases of property, plant and equipment
|
(17,532
|
)
|
(13,807
|
)
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||||
Government incentives
|
397
|
2,417
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||||||
Other
|
(61
|
)
|
(139
|
)
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||||
Net cash used in investing activities
|
(17,196
|
)
|
(11,529
|
)
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||||
Cash flows from financing activities:
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||||||||
Proceeds from long-term debt
|
6,205
|
1,140
|
||||||
Purchase of treasury stock
|
(13,209
|
)
|
(11,000
|
)
|
||||
Repayments of debt
|
(7,796
|
)
|
(389
|
)
|
||||
Proceeds from share-based arrangements
|
765
|
2,886
|
||||||
Other
|
(315
|
)
|
(248
|
)
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||||
Net cash used in financing activities
|
(14,350
|
)
|
(7,611
|
)
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||||
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
|
5,195
|
149
|
||||||
Net (decrease) increase in cash, cash equivalents, and restrcited cash
|
(64
|
)
|
11,794
|
|||||
Cash, cash equivalents, and restricted cash, beginning of period
|
281,602
|
209,291
|
||||||
Cash, cash equivalents, and restricted cash, end of period
|
$
|
281,538
|
$
|
221,085
|