PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)
November 1, | November 2, | |||||
2015 | 2014 | |||||
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | $ | 205,867 | $ | 192,929 | ||
Accounts receivable | 110,056 | 94,515 | ||||
Inventories | 24,157 | 22,478 | ||||
Other current assets | 24,034 | 26,570 | ||||
Total current assets | 364,114 | 336,492 | ||||
Property, plant and equipment, net | 547,284 | 550,069 | ||||
Investment in joint venture | 93,021 | 93,122 | ||||
Intangible assets, net | 24,616 | 30,294 | ||||
Other assets | 16,520 | 19,206 | ||||
$ | 1,045,555 | $ | 1,029,183 | |||
Liabilities and Equity | ||||||
Current liabilities: | ||||||
Current portion of long-term borrowings | $ | 65,495 | $ | 10,381 | ||
Accounts payable and accrued liabilities | 127,197 | 128,736 | ||||
Total current liabilities | 192,692 | 139,117 | ||||
Long-term borrowings | 67,120 | 131,805 | ||||
Other liabilities | 23,677 | 18,767 | ||||
Photronics, Inc. shareholders' equity | 646,555 | 628,050 | ||||
Noncontrolling interests | 115,511 | 111,444 | ||||
Total equity | 762,066 | 739,494 | ||||
$ | 1,045,555 | $ | 1,029,183 |