PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited)
August 2, | November 2, | ||||
2015 | 2014 | ||||
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | $ | 191,562 | $ | 192,929 | |
Accounts receivable | 104,701 | 94,515 | |||
Inventories | 23,266 | 22,478 | |||
Other current assets | 21,037 | 26,570 | |||
Total current assets | 340,566 | 336,492 | |||
Property, plant and equipment, net | 568,921 | 550,069 | |||
Investment in joint venture | 93,040 | 93,122 | |||
Intangible assets, net | 26,280 | 30,294 | |||
Other assets | 17,284 | 19,206 | |||
$ | 1,046,091 | $ | 1,029,183 | ||
Liabilities and Equity | |||||
Current liabilities: | |||||
Current portion of long-term borrowings | $ | 16,577 | $ | 10,381 | |
Accounts payable and accrued liabilities | 144,959 | 128,736 | |||
Total current liabilities | 161,536 | 139,117 | |||
Long-term borrowings | 118,457 | 131,805 | |||
Other liabilities | 20,051 | 18,767 | |||
Photronics, Inc. shareholders’ equity | 628,771 | 628,050 | |||
Noncontrolling interests | 117,276 | 111,444 | |||
Total equity | 746,047 | 739,494 | |||
$ | 1,046,091 | $ | 1,029,183 |