PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited)
July 28, | October 28, | ||||
2013 | 2012 | ||||
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | $ | 197,271 | $ | 218,043 | |
Accounts receivable | 82,573 | 75,685 | |||
Inventories | 17,947 | 17,702 | |||
Other current assets | 14,476 | 8,364 | |||
Total current assets | 312,267 | 319,794 | |||
Property, plant and equipment, net | 420,535 | 380,808 | |||
Investment in joint venture | 93,030 | 93,252 | |||
Intangible assets, net | 35,453 | 37,384 | |||
Other assets | 18,093 | 17,996 | |||
$ | 879,378 | $ | 849,234 | ||
Liabilities and Equity | |||||
Current liabilities: | |||||
Current portion of long-term borrowings | $ | 10,696 | $ | 7,781 | |
Accounts payable and accrued liabilities | 109,654 | 77,732 | |||
Total current liabilities | 120,350 | 85,513 | |||
Long-term borrowings | 183,220 | 168,956 | |||
Other liabilities | 9,993 | 8,764 | |||
Equity | 565,815 | 586,001 | |||
$ | 879,378 | $ | 849,234 |