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
Three Months Ended | ||||
January 28, 2024 | ||||
GAAP Net cash provided by operating activities | $ | 41,508 | ||
Purchases of property, plant and equipment | (43,314 | ) | ||
Free Cash Flow | $ | (1,806 | ) |
Reconciliation of Cash and cash equivalents to Net Cash:
As of | ||||||||||||
January 28, 2024 | October 31, 2023 | January 29, 2023 | ||||||||||
Cash and cash equivalents | $ | 508,518 | $ | 499,292 | $ | 334,792 | ||||||
Current portion of Long-term debt | (20,771 | ) | (6,621 | ) | (6,541 | ) | ||||||
Long-term Debt | (2,655 | ) | (17,998 | ) | (27,323 | ) | ||||||
Net Cash | $ | 485,092 | $ | 474,673 | $ | 300,928 |