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INCOME TAXES
6 Months Ended
Apr. 29, 2012
INCOME TAXES [Abstract]  
INCOME TAXES
NOTE 9 - INCOME TAXES
   
The effective income tax rates for the three and six month periods ended April 29, 2012 differ from the U.S. statutory rate of 35% primarily due to changes in the deferred tax asset and valuation allowance combined with income taxed at lower rates in non-U.S. jurisdictions. The effective income tax rates for the three and six month periods ended May 1, 2011, differ from the U.S. statutory rate, primarily due to the impact of the non-deductible debt extinguishment loss recorded in the second quarter of fiscal 2011, combined with income taxed at lower rates in non-U.S. jurisdictions. Entities within certain jurisdictions are excluded from the Company's effective income tax rate if they are projected to generate a loss for the year and the tax benefits of such losses are not anticipated to be realized in the foreseeable future.

The liability for unrecognized tax benefits included in the condensed consolidated balance sheets at April 29, 2012 and October 30, 2011, is $2.0 million and $1.9 million, respectively, which, if recognized would reduce the effective tax rate. There have been no material changes in the Company's liability for unrecognized tax benefits or related disclosures subsequent to the annual reporting period ended October 30, 2011.

PKLT, the Company's FPD manufacturing facility in Taiwan, is accorded a tax holiday which commences in 2012 and expires in 2017. The tax holiday did not impact the 2012 effective rate based on PKLT's current tax loss position, and had no dollar or per share effect in the three or six month periods ended April 29, 2012 and May 1, 2011.