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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 01, 2022
May 02, 2021
May 01, 2022
May 02, 2021
Condensed Consolidated Statements of Income [Abstract]        
Revenue [1] $ 204,509 $ 159,763 $ 394,336 $ 311,830
Cost of goods sold 134,289 120,514 264,253 242,052
Gross profit 70,220 39,249 130,083 69,778
Operating expenses:        
Selling, general and administrative 16,613 14,067 32,340 28,120
Research and development 4,206 4,375 10,145 9,085
Total operating expenses 20,819 18,442 42,485 37,205
Operating income 49,401 20,807 87,598 32,573
Non-operating income (expense):        
Foreign currency transactions impact, net 7,844 (2,055) 13,112 (674)
Interest expense, net of subsidies 15 1,246 (880) 423
Interest income and other income and expense, net 162 37 496 159
Income before income tax provision 57,422 20,035 100,326 32,481
Income tax provision 14,393 3,714 25,571 6,651
Net income 43,029 16,321 74,755 25,830
Net income attributable to noncontrolling interests 15,597 5,795 24,259 7,268
Net income attributable to Photronics, Inc. shareholders $ 27,432 $ 10,526 $ 50,496 $ 18,562
Earnings per share:        
Basic (in dollars per share) $ 0.45 $ 0.17 $ 0.84 $ 0.30
Diluted (in dollars per share) $ 0.45 $ 0.17 $ 0.83 $ 0.30
Weighted-average number of common shares outstanding:        
Basic (in shares) 60,606 62,054 60,382 62,265
Diluted (in shares) 61,145 62,568 61,041 62,786
[1] This table disaggregates revenue by the location in which it was earned.