CHANGES IN EQUITY AND COMPREHENSIVE INCOME

3 Months Ended

Jan. 29, 2012

CHANGES IN EQUITY AND COMPREHENSIVE INCOME [Abstract]

CHANGES IN EQUITY AND COMPREHENSIVE INCOME

NOTE 2 - CHANGES IN EQUITY AND COMPREHENSIVE INCOME

      The following tables set forth the Company's consolidated changes in equity and comprehensive income (net of tax of $0)for the three months ended January 29, 2012 and January 30, 2011:

	Three Months Ended January 29, 2012
	Photronics, Inc. Shareholders
									Accum-
									ulated
									Other
	Common Stock				Add'l				Compre-			Total			Non-
					Paid-in		Retained		hensive			Photronics,			controlling			Total
	Shares		Amount		Capital		Earnings		Income			Inc.			Interests			Equity
Balance at October 31, 2011		59,651	$	597	$	486,674	$	13,605	$	10,171		$	511,047		$	48,709		$	559,756
Comprehensive income:
Net income		-		-		-		4,268		-			4,268			573			4,841
Amortization of cash flow hedges		-		-		-		-		32			32			-			32
Foreign currency translation adjustments		-		-		-		-		(1,425	)		(1,425	)		275			(1,150	)
Total comprehensive income													2,875			848			3,723
Sale of common stock through employee stock option and purchase plans		122		1		143		-		-			144			-			144
Restricted stock awards vesting and expense		65		-		242		-		-			242			-			242
Share-based compensation expense		-		-		413		-		-			413			-			413
Common stock warrants exercised		177		2		1,051		-		-			1,053			-			1,053
Repurchase of common stock by subsidiary		-		-		151		-		(5	)		146			(1,031	)		(885	)
Balance at January 29, 2012		60,015	$	600	$	488,674	$	17,873	$	8,773		$	515,920		$	48,526		$	564,446

	Three Months Ended January 30, 2011
	Photronics, Inc. Shareholders
										Accum-
							(Accum-			ulated
							ulated			Other
	Common Stock				Add'l		Deficit)			Compre-		Total		Non-
					Paid-in		Retained			hensive		Photronics,		controlling		Total
	Shares		Amount		Capital		Earnings			Income		Inc.		Interests		Equity
Balance at November 1, 2010		53,779	$	538	$	436,825	$	(2,624	)	$	7,062	$	441,801	$	54,142	$	495,943
Comprehensive income:
Net income		-		-		-		12,111			-		12,111		1,473		13,584
Amortization of cash flow hedges		-		-		-		-			32		32		-		32
Foreign currency translation adjustments		-		-		-		-			5,812		5,812		2,555		8,367
Total comprehensive income													17,955		4,028		21,983
Sale of common  stock through employee stock option and purchase plans		65		1		58		-			-		59		-		59
Restricted stock awards vesting and expense		21		-		188		-			-		188		-		188
Share-based compensation expense		-		-		289		-			-		289		-		289
Balance at January 30, 2011		53,865	$	539	$	437,360	$	9,487		$	12,906	$	460,292	$	58,170	$	518,462