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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 03, 2025
Oct. 31, 2024
Current assets:    
Cash and cash equivalents $ 479,521 $ 598,485
Short-term investments 96,277 42,184
Accounts receivable, net of allowance of $1,184 in 2025 and $1,126 in 2024 190,875 200,830
Inventories 63,490 56,527
Other current assets 42,073 33,036
Total current assets 872,236 931,062
Property, plant and equipment, net 838,988 745,257
Deferred income taxes 26,419 23,059
Other assets 15,122 12,681
Total assets 1,752,765 1,712,059
Current liabilities:    
Current portion of long-term debt 11 17,972
Accounts payable 100,351 78,717
Accrued liabilities 74,563 87,122
Total current liabilities 174,925 183,811
Long-term debt 16 25
Other liabilities 39,824 47,464
Total liabilities 214,765 231,300
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, 57,587 shares issued and outstanding as of August 3, 2025, and 61,949 shares issued and outstanding as of October 31, 2024 576 619
Additional paid-in capital 483,081 514,757
Retained earnings 710,398 691,807
Accumulated other comprehensive loss (68,504) (86,319)
Total Photronics, Inc. shareholders’ equity 1,125,551 1,120,864
Noncontrolling interests 412,449 359,895
Total equity 1,538,000 1,480,759
Total liabilities and equity $ 1,752,765 $ 1,712,059