Attached files
| file | filename |
|---|---|
| 8-K - 8-K - PHOTRONICS INC | form8k.htm |
| 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 |
Exhibit 99.4
PHOTRONICS, INC.
Condensed Consolidated Statements of Cash Flows
(in thousands)
(Unaudited)
|
Six Months Ended
|
||||||||
|
April 29,
2018 |
April 30,
2017 |
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
24,670
|
$
|
5,994
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
44,429
|
42,241
|
||||||
|
Changes in operating assets, liabilities and other
|
(31,191
|
)
|
(1,328
|
)
|
||||
|
Net cash provided by operating activities
|
37,908
|
46,907
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(44,129
|
)
|
(14,152
|
)
|
||||
|
Acquisition of business
|
-
|
(5,400
|
)
|
|||||
|
Proceeds from sale of investments
|
-
|
167
|
||||||
|
Other
|
436
|
(462
|
)
|
|||||
|
Net cash used in investing activities
|
(43,693
|
)
|
(19,847
|
)
|
||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of long-term borrowings
|
(2,771
|
)
|
(2,695
|
)
|
||||
|
Contribution from noncontrolling interest
|
11,998
|
-
|
||||||
|
Proceeds from share-based arrangements
|
3,776
|
2,311
|
||||||
|
Other
|
(267
|
)
|
(23
|
)
|
||||
|
Net cash provided by (used in) financing activities
|
12,736
|
(407
|
)
|
|||||
|
Effect of exchange rate changes on cash
|
6,274
|
4,997
|
||||||
|
Net increase in cash and cash equivalents
|
13,225
|
31,650
|
||||||
|
Cash and cash equivalents, beginning of period
|
308,021
|
314,074
|
||||||
|
Cash and cash equivalents, end of period
|
$
|
321,246
|
$
|
345,724
|
||||