PHOTRONICS INC - FORM 8-K - EX-99.3 - CONDENSED CONSOLIDATED BALANCE SHEETS - December 9, 2009

Attached files

file filename
8-K - CURRENT REPORT - PHOTRONICS INCphotronics_8k.htm
EX-99.4 - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - PHOTRONICS INCexhibit99-4.htm
EX-99.1 - PRESS RELEASE DATED DECEMBER 8, 2009 - PHOTRONICS INCexhibit99-1.htm
EX-99.2 - CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - PHOTRONICS INCexhibit99-2.htm
EX-99.5 - RECONCILIATION OF GAAP TO PRO FORMA FINANCIAL INFORMATION - PHOTRONICS INCexhibit99-5.htm

PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)

November 1,       November 2,
2009 2008
Assets    
 
Current assets:
       Cash, cash equivalents and short-term
       investments of $148 in 2009 and $1,343 in 2008 $ 88,687 $ 85,106
       Accounts receivable 66,920 68,095
       Inventories 14,826 17,548
       Other current assets 9,564 11,748
 
              Total current assets 179,997 182,497
 
Property, plant and equipment, net 347,889 436,528
Investment in joint venture 60,945 65,737
Other intangibles, net 55,054 62,386
Other assets  19,771 10,859
 
$ 663,656 $ 758,007
  
 
Liabilities and Shareholders' Equity                                               
 
Current liabilities:    
       Current portion of long-term borrowings $ 10,301 $ 20,630
       Accounts payable and accrued liabilities 80,154 95,448
 
              Total current liabilities 90,455 116,078
 
Long-term borrowings 112,137 202,979
Deferred income taxes and other liabilities 11,368 6,552
Minority interest 49,941 49,616
 
Shareholders' equity 399,755 382,782
 
$ 663,656 $ 758,007

Stock widget

Investing forum

PHOTRONICS INC Reports