Photronics, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $13.1M | $46.2M | $44.6M | $26.0M | $18.0M | $27.9M | $16.2M | $23.9M |
| Depreciation & Amortization | $81.7M | $77.6M | $75.7M | $72.9M | — | — | — | — |
| Depreciation | — | — | $75.7M | $72.9M | $66.0M | $78.6M | $86.7M | $81.4M |
| Amortization | $4.9M | $4.8M | $6.0M | $5.8M | $5.5M | $5.0M | $5.3M | $6.0M |
| Stock-Based Compensation | $3.6M | $3.8M | $3.7M | $4.1M | $4.0M | $3.2M | $2.5M | $1.9M |
| Net Cash from Operating Activities | $96.8M | $122.1M | $133.2M | $96.4M | $99.4M | $132.5M | $136.6M | $95.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $92.0M | $50.1M | $104.0M | $91.1M | $63.8M | $97.0M | $82.1M | $71.4M |
| Business Acquisitions | $5.4M | $0 | $0 | — | — | — | — | — |
| Net Cash from Investing Activities | $-98.0M | $52.3M | $-104.3M | — | $-66.2M | $-111.9M | $-100.7M | $-58.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $0 | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-10.9M | $-67.0M | $-7.1M | — | $-39.8M | $4.6M | $54.5M | $-32.5M |
| Net Change in Cash | $-6.1M | $108.2M | $12.9M | $-22.7M | $-2.4M | $28.1M | $91.0M | $10.4M |
| Free Cash Flow | $4.9M | $72.0M | $29.2M | $5.3M | $35.6M | $35.6M | $54.4M | $24.5M |