PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited)
January 31, | November 1, | |||||
2016 | 2015 | |||||
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | $ | 231,444 | $ | 205,867 | ||
Accounts receivable | 99,936 | 110,056 | ||||
Inventories | 21,760 | 24,157 | ||||
Other current assets | 19,840 | 24,034 | ||||
Total current assets | 372,980 | 364,114 | ||||
Property, plant and equipment, net | 519,272 | 547,284 | ||||
Investment in joint venture | 92,931 | 93,021 | ||||
Intangible assets, net | 23,184 | 24,616 | ||||
Other assets | 14,983 | 16,520 | ||||
$ | 1,023,350 | $ | 1,045,555 | |||
Liabilities and Equity | ||||||
Current liabilities: | ||||||
Current portion of long-term borrowings | $ | 63,955 | $ | 65,495 | ||
Accounts payable and accrued liabilities | 102,410 | 127,197 | ||||
Total current liabilities | 166,365 | 192,692 | ||||
Long-term borrowings | 66,224 | 67,120 | ||||
Other liabilities | 23,298 | 23,677 | ||||
Photronics, Inc. shareholders' equity | 653,065 | 646,555 | ||||
Noncontrolling interests | 114,398 | 115,511 | ||||
Total equity | 767,463 | 762,066 | ||||
$ | 1,023,350 | $ | 1,045,555 |