CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES

6 Months Ended

Apr. 28, 2013

CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES [Abstract]

CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES

NOTE 8 - CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES

In the first quarter of fiscal 2012 the Company ceased the manufacture of photomasks at its Singapore facility and, in connection therewith, recorded charges of $0.1 million and $1.2 million during the three and six month periods ended April 29, 2012, respectively. This restructuring, which was comprised primarily of employee termination costs, was substantially completed in fiscal 2012 at a cost of $1.4 million.

The following table sets forth the Company's restructuring reserve, primarily related to its Singapore facility, as of April 28, 2013 and April 29, 2012, and reflects the activity affecting the reserve for the three month period and six month periods then ended.

	Three Months Ended								Six Months Ended
	April 28, 2013								April 28, 2013
	January 28, 2013		Charges		Utilized		April 28, 2013		October 29, 2012		Charges		Utilized			April 28, 2013
Employee terminations	$	40	$	-	$	-	$	40	$	295	$	-	$	(255	)	$	40
	$	40	$	-	$	-	$	40	$	295	$	-	$	(255	)	$	40

	Three Months Ended									Six Months Ended
	April 29, 2012									April 29, 2012
	January 30, 2012		Charges		Utilized			April 29, 2012		October 31, 2011		Charges		Utilized			April 29, 2012
Employee terminations	$	419	$	28	$	(248	)	$	199	$	-	$	914	$	(715	)	$	199
Asset write-downs		-		30		(30	)		-		-		262		(262	)		-
	$	419	$	58	$	(278	)	$	199	$	-	$	1,176	$	(977	)	$	199