Exhibit 99.4
PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited)
July 30, | October 30, | |||||||
2017 | 2016 | |||||||
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 340,572 | $ | 314,074 | ||||
Accounts receivable | 91,812 | 92,636 | ||||||
Inventories | 25,668 | 22,081 | ||||||
Other current assets | 10,558 | 12,795 | ||||||
Total current assets | 468,610 | 441,586 | ||||||
Property, plant and equipment, net | 501,720 | 506,434 | ||||||
Intangible assets, net | 18,320 | 19,854 | ||||||
Other assets | 19,948 | 20,114 | ||||||
Total assets | $ | 1,008,598 | $ | 987,988 | ||||
Liabilities and Equity | ||||||||
Current liabilities: | ||||||||
Current portion of long-term borrowings | $ | 5,541 | $ | 5,428 | ||||
Accounts payable and accrued liabilities | 73,769 | 75,889 | ||||||
Total current liabilities | 79,310 | 81,317 | ||||||
Long-term borrowings | 57,776 | 61,860 | ||||||
Other liabilities | 16,384 | 19,337 | ||||||
Photronics, Inc. shareholders' equity | 739,282 | 710,363 | ||||||
Noncontrolling interests | 115,846 | 115,111 | ||||||
Total equity | 855,128 | 825,474 | ||||||
Total liabilities and equity | $ | 1,008,598 | $ | 987,988 |