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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 28, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 537,331 $ 499,292
Short-term investments 69,046 12,915
Accounts receivable, net of allowance of $1,196 in 2024 and $1,099 in 2023 199,926 194,927
Inventories 55,472 49,963
Other current assets 30,865 28,353
Total current assets 892,640 785,450
Property, plant and equipment, net 722,638 709,244
Deferred income taxes 20,242 21,297
Other assets 9,581 10,230
Total assets 1,645,101 1,526,221
Current liabilities:    
Current portion of long-term debt 20,090 6,621
Accounts payable 89,013 84,024
Accrued liabilities 82,023 94,578
Total current liabilities 191,126 185,223
Long-term debt 28 17,998
Other liabilities 40,518 47,391
Total liabilities 231,672 250,612
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.01 par value, 2,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 150,000 shares authorized, 61,839 shares issued and outstanding as of July 28, 2024, and 61,310 shares issued and outstanding as of October 31, 2023 618 613
Additional paid-in capital 509,918 502,010
Retained earnings 657,938 561,119
Accumulated other comprehensive loss (100,480) (88,734)
Total Photronics, Inc. shareholders' equity 1,067,994 975,008
Noncontrolling interests 345,435 300,601
Total equity 1,413,429 1,275,609
Total liabilities and equity $ 1,645,101 $ 1,526,221