Attached files
| file | filename |
|---|---|
| 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)
|
Six Months Ended
|
||||||||
|
April 30,
2017 |
May 1,
2016 |
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
5,994
|
$
|
37,653
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
42,378
|
40,832
|
||||||
|
Gain on sale of investment
|
-
|
(8,785
|
)
|
|||||
|
Changes in assets, liabilities and other
|
(1,465
|
)
|
(4,561
|
)
|
||||
|
Net cash provided by operating activities
|
46,907
|
65,139
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(14,152
|
)
|
(34,928
|
)
|
||||
|
Acquisition of Business
|
(5,400
|
)
|
-
|
|||||
|
Proceeds from sale of investments
|
167
|
8,785
|
||||||
|
Other
|
(462
|
)
|
193
|
|||||
|
Net cash used in investing activities
|
(19,847
|
)
|
(25,950
|
)
|
||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term borrowings
|
(2,695
|
)
|
(54,951
|
)
|
||||
|
Proceeds from share-based arrangements
|
2,311
|
3,046
|
||||||
|
Other
|
(23
|
)
|
(19
|
)
|
||||
|
Net cash used in financing activities
|
(407
|
)
|
(51,924
|
)
|
||||
|
Effect of exchange rate changes on cash
|
4,997
|
846
|
||||||
|
Net increase (decrease) in cash and cash equivalents
|
31,650
|
(11,889
|
)
|
|||||
|
Cash and cash equivalents, beginning of period
|
314,074
|
205,867
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
345,724
|
$
|
193,978
|
||||