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 |