XML 27 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 30, 2022
Jan. 31, 2021
Condensed Consolidated Statements of Income [Abstract]    
Revenue [1] $ 189,827 $ 152,067
Cost of goods sold 129,964 121,538
Gross profit 59,863 30,529
Operating expenses:    
Selling, general and administrative 15,727 14,053
Research and development 5,939 4,710
Total operating expenses 21,666 18,763
Operating income 38,197 11,766
Other income (expense):    
Foreign currency transactions impact, net 5,268 1,382
Interest income and other income, net 334 121
Interest expense (895) (823)
Income before income tax provision 42,904 12,446
Income tax provision 11,178 2,937
Net income 31,726 9,509
Net income attributable to noncontrolling interests 8,662 1,473
Net income attributable to Photronics, Inc. shareholders $ 23,064 $ 8,036
Earnings per share:    
Basic (in dollars per share) $ 0.38 $ 0.13
Diluted (in dollars per share) $ 0.38 $ 0.13
Weighted-average number of common shares outstanding:    
Basic (in shares) 60,158 62,475
Diluted (in shares) 60,936 63,005
[1] This table disaggregates revenue by the location in which it was earned.