Photronics inc (PLAB)
CashFlow / TTM
Feb'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11
Cash flows from operating activities:
Net income

43,651

40,491

44,223

54,186

59,523

61,236

54,963

39,965

26,260

21,289

17,363

24,017

36,685

55,676

71,256

75,214

73,218

56,859

41,408

33,341

37,136

32,035

30,247

29,267

18,758

19,576

18,882

23,785

27,873

29,855

34,673

36,028

11,465

20,208

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

85,083

79,238

75,438

73,622

75,954

79,536

82,103

83,886

83,166

81,699

81,592

79,023

77,881

77,613

74,321

76,198

75,458

75,684

75,912

76,395

75,814

72,859

69,325

65,286

64,736

65,994

68,694

71,978

75,113

78,623

81,581

84,329

86,139

86,661

0

0

0

Gains on sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

8,940

8,940

8,785

8,785

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidation, restructuring and related charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

262

232

0

0

0

0

Share-based compensation

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets, liabilities, and other:
Accounts receivable

9,687

12,321

17,641

3,872

32,578

18,553

28,753

30,805

11,732

9,625

-18,902

-16,512

-18,431

-18,807

4,135

11,072

6,752

21,815

6,994

2,525

2,577

-5,271

-9,415

-14,038

-450

-2,400

-372

-5,933

-11,813

-11,190

-10,850

-6,745

4,658

1,806

0

0

0

Inventories

22,210

23,088

12,859

7,844

6,090

6,162

6,513

6,861

1,788

602

3

-1,018

586

-2,268

1,283

2,164

-760

2,893

1,027

1,861

3,534

2,552

3,715

1,504

910

891

-5,129

-1,998

-3,303

-4,683

-6,691

-6,528

862

6,544

0

0

0

Other current assets

-18,175

8,631

11,807

8,179

34,245

11,731

10,853

10,642

100

-1,127

-1,409

-6,944

-6,406

-7,936

-5,124

-531

-5,176

2,557

-1,620

1,356

1,957

-1,781

-5,453

-1,972

655

2,744

5,944

953

2,432

79

-702

1,975

679

-223

0

0

0

Accounts payable, accrued liabilities and other

-1,508

-11,962

-17,944

-25,245

9,089

18,537

8,920

2,157

-9,784

-7,189

-19,963

-28,693

-33,613

-36,462

-17,407

-3,314

1,389

14,098

-132

-5,188

391

-12,224

-11,325

22

1,897

4,409

-3,685

-5,788

-7,652

-1,116

-4,166

-9,883

864

1,379

0

0

0

Net cash provided by (used in) operating activities

118,457

68,386

67,114

90,372

80,419

130,567

110,001

87,834

96,156

96,833

104,539

103,905

110,288

122,137

132,755

140,427

154,283

133,195

126,350

114,369

104,464

96,361

93,685

103,366

94,933

99,401

92,579

106,084

117,179

132,549

139,626

134,962

128,933

136,553

0

0

0

Cash flows from investing activities:
Purchases of property, plant and equipment

85,257

178,375

188,362

188,892

188,515

92,585

117,578

121,942

93,360

91,965

44,078

29,371

38,208

50,147

68,754

71,026

85,201

104,033

112,914

116,635

119,272

91,085

74,789

74,311

60,437

63,792

52,250

61,218

94,390

96,978

115,041

110,493

81,128

82,121

0

0

0

The cash inflow from government incentives during the period.

24,391

27,003

18,699

6,703

6,034

1,005

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,397

20,895

15,672

14,672

18,271

0

0

0

Proceeds from sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

101,853

101,853

8,785

8,785

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business

-

-

-

-

-

-

-

-

-

5,400

5,400

5,400

5,400

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Other

97

-61

-592

-610

-1,093

-929

-788

-775

-268

-17

445

58

-8

-597

-1,366

-910

-649

-499

68

-148

568

544

-1,599

-1,640

-838

272

2,553

2,763

982

1,541

1,618

1,600

1,852

250

0

0

0

Net cash used in investing activities

-61,058

-151,406

-169,289

-181,797

-181,606

-90,869

-117,624

-122,001

-93,759

-98,015

-49,769

58,393

49,455

52,290

33,694

-62,102

-76,538

-104,305

-113,346

-116,851

-113,998

-87,485

-70,855

-70,336

-63,470

-66,237

-54,830

-71,506

-108,396

-111,943

-137,649

-127,860

-97,747

-100,737

0

0

0

Cash flows from financing activities:
Proceeds from debt

27,593

54,633

53,227

39,633

28,180

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

22,000

21,696

27,020

33,807

33,807

23,111

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from share-based arrangements

4,307

2,071

1,920

1,891

4,486

4,634

4,329

4,295

2,515

2,830

2,820

2,728

2,513

3,463

3,448

4,502

3,946

2,651

2,630

1,605

1,548

1,298

1,212

1,184

1,199

884

851

810

623

653

651

1,615

902

828

0

0

0

Contribution from noncontrolling interest

0

29,394

29,393

35,392

35,392

17,996

17,997

11,998

11,998

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,000

0

0

0

Repayments of long-term debt

-

-

-

-

-

-

-

5,504

5,466

-

5,390

5,353

56,515

57,609

58,695

59,771

9,641

9,571

9,502

9,433

8,595

29,782

30,756

30,095

30,213

8,314

6,637

6,269

5,949

5,293

4,308

6,147

40,760

64,107

0

0

0

Dividends paid to noncontrolling interests

18,948

45,050

26,102

34,268

34,268

8,166

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of capital to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,374

35,572

12,211

18,903

15,598

18,237

14,161

10,763

9,878

0

0

0

Payments of deferred financing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

346

336

309

350

40

0

0

0

-

-

-

-

-

-

-

-

Other

-295

-92

-337

-297

-303

-519

-273

-276

-277

-32

-34

-24

-36

-20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-71,051

-42,059

-30,707

-54,544

-3,578

-13,805

1,559

2,215

472

-10,928

-11,868

-15,505

-66,894

-67,022

-67,164

-55,391

-5,874

-7,099

-7,167

-8,109

-7,794

-29,541

-31,224

-57,947

-57,548

-39,844

-41,398

-17,710

573

4,564

2,908

5,224

60,061

54,525

0

0

0

Effects of exchange rate changes on cash, cash equivalents, and restricted cash

-431

2,381

-2,659

-8,327

-11,646

-4,840

-1,746

7,580

16,289

6,247

6,001

4,953

5,403

802

822

-5,006

-9,037

-8,853

-10,613

-5,187

-3,290

-2,021

7,461

6,193

-2,458

4,252

3,625

1,724

6,615

2,945

-10,435

-6,478

-2,170

642

0

0

0

Net increase (decrease) in cash, cash equivalents, and restricted cash

-14,083

-122,698

-135,541

-154,296

-116,411

21,053

-7,810

-24,372

19,158

-5,863

48,903

151,746

98,252

108,207

100,107

17,928

62,834

12,938

-4,776

-15,778

-20,618

-22,686

-933

-18,724

-28,543

-2,428

-24

18,592

15,971

28,115

-5,550

5,848

89,077

90,983

0

0

0

Supplemental disclosure of non-cash information:
Accrual for property, plant and equipment purchased during the period

-15,515

13,671

42,659

36,739

58,755

29,602

7,153

1,675

2,282

2,767

3,269

15,978

4,649

7,866

-7,605

-19,927

-23,406

25,858

38,509

62,636

48,847

28,672

20,725

65,122

35,495

17,502

29,616

-24,901

10,947

5,052

-10,102

1,241

4,043

6,869

0

0

0

Receivables of government incentives applied to offset the cost of capital expenditures during the period.

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-