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Published: 2023-12-13 06:20:38 ET
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EX-99.6 7 ef20016543_ex99-6.htm EXHIBIT 99.6

Exhibit 99.6

PHOTRONICS, INC.
Reconciliation of GAAP to Non-GAAP Financial Information (cont.)
(in thousands)
(Unaudited)

Reconciliation of Net cash provided by operating activities to Free Cash Flow


 
Year ended
   


October 31,
2023

 

       

       
GAAP Net cash provided by operating activities
 
$
302,176
   
           
Purchases of property, plant and equipment
   
(131,295
)
 
           
Free Cash Flow
 
$
170,881
   

Reconciliation of  Cash and cash equivalents  to Net Cash:


 
As of
 


October 31,
2023


October 31,
2022


           
Cash and  cash equivalents
 
$
499,292
   
$
319,680
 
                 
Current portion of Long-term debt
   
(6,621
)
   
(10,024
)
                 
Long-term Debt
   
(17,998
)
   
(32,310
)
                 
Net Cash
 
$
474,673
   
$
277,346