EX-99.6 7 brhc20058525_ex99-6.htm EXHIBIT 99.6
Exhibit 99.6

PHOTRONICS, INC.
Reconciliation of GAAP to Non-GAAP Financial Information (cont.)
(in thousands)
(Unaudited)

Reconciliation of Net cash provided by operating activities to Free Cash Flow
  
   
Nine Months ended
  
   
July 30,
  
 
2023
  
   
 
 

 
GAAP Net cash provided by operating activities
  
$
195,556
  
   
   
Purchases of property, plant and equipment
    
(78,813
)
   
   
Free Cash Flow
  
$
116,743
  

Reconciliation of  Cash and cash equivalents  to Net Cash:
                    
           
As of
        
   
July 30,
    
October 31,
    
July 31,
  
     
2023
      
2022
      
2022
  
                         
Cash and  cash equivalents
  
$
448,479
    
$
319,680
    
$
380,833
  
                         
Current portion of Long-term debt
    
(6,589
)
    
(10,024
)
    
(10,727
)
                         
Long-term Debt
    
(20,121
)
    
(32,310
)
    
(46,589
)
                         
Net Cash
  
$
421,769
    
$
277,346
    
$
323,517