CHANGES IN EQUITY

3 Months Ended

Jan. 27, 2013

NOTE 2 - CHANGES IN EQUITY

The following tables set forth the Company's consolidated changes in equity for the three months ended January 27, 2013 and January 29, 2012:

	Three Months Ended January 27, 2013
	Photronics, Inc. Shareholders

									Accumulated
	Common Stock				Additional				Other			Non-
					Paid-in		Retained		Comprehensive			controlling			Total
	Shares		Amount		Capital		Earnings		Income			Interests			Equity

Balance at October 28, 2012		60,213	$	602	$	493,411	$	41,473	$	15,900		$	34,615		$	586,001

Net income		-		-		-		2,323		-			536			2,859
Other comprehensive income		-		-		-		-		7,939			230			8,169
Sale of common stock through employee stock option and purchase plans		77		1		110		-		-			-			111
Restricted stock awards vesting and expense		72		-		269		-		-			-			269
Share-based compensation expense		-		-		616		-		-			-			616
Repurchase of common stock by subsidiary		-		-		579		-		(27	)		(4,736	)		(4,184	)
Balance at January 27, 2013		60,362	$	603	$	494,985	$	43,796	$	23,812		$	30,645		$	593,841

	Three Months Ended January 29, 2012
	Photronics, Inc. Shareholders

									Accumulated
	Common Stock				Additional				Other			Non-
					Paid-in		Retained		Comprehensive			controlling			Total
	Shares		Amount		Capital		Earnings		Income			Interests			Equity

Balance at October 30, 2011		59,651	$	597	$	486,674	$	13,605	$	10,171		$	48,709		$	559,756

Net income		-		-		-		4,268		-			573			4,841
Other comprehensive income (loss)		-		-		-		-		(1,393	)		275			(1,118	)
Sale of common stock through employee stock option and purchase plans		122		1		143		-		-			-			144
Restricted stock awards vesting and expense		65		-		242		-		-			-			242
Share-based compensation expense		-		-		413		-		-			-			413
Common stock warrants exercised		177		2		1,051		-		-			-			1,053
Repurchase of common stock by subsidiary		-		-		151		-		(5	)		(1,031	)		(885	)
Balance at January 29, 2012		60,015	$	600	$	488,674	$	17,873	$	8,773		$	48,526		$	564,446

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

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+ Details