PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited)
| April 29, | October 30, | ||||
| 2012 | 2011 | ||||
| Assets | |||||
| Current assets: | |||||
| Cash and cash equivalents | $ | 191,960 | $ | 189,928 | |
| Accounts receivable | 89,123 | 85,540 | |||
| Inventories | 20,453 | 22,100 | |||
| Other current assets | 8,359 | 7,639 | |||
| Total current assets | 309,895 | 305,207 | |||
| Property, plant and equipment, net | 382,800 | 368,680 | |||
| Investment in joint venture | 85,831 | 79,984 | |||
| Intangible assets, net | 39,918 | 42,462 | |||
| Other assets | 20,803 | 21,521 | |||
| $ | 839,247 | $ | 817,854 | ||
| Liabilities and Equity | |||||
| Current liabilities: | |||||
| Current portion of long-term borrowings | $ | 7,874 | $ | 5,583 | |
| Accounts payable and accrued liabilities | 81,394 | 90,318 | |||
| Total current liabilities | 89,268 | 95,901 | |||
| Long-term borrowings | 172,312 | 152,577 | |||
| Other liabilities | 8,789 | 9,620 | |||
| Equity | 568,878 | 559,756 | |||
| $ | 839,247 | $ | 817,854 | ||