XML 16 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jul. 28, 2013
Jul. 29, 2012
Jul. 28, 2013
Jul. 29, 2012
Consolidated Statements of Income (unaudited) [Abstract]        
Net sales $ 109,652 $ 116,616 $ 316,171 $ 346,220
Cost and expenses:        
Cost of sales (82,574) (84,312) (243,206) (258,598)
Selling, general and administrative (12,068) (11,784) (35,286) (35,311)
Research and development (4,985) (5,221) (14,380) (14,106)
Consolidation, restructuring and related charges 0 (7) 0 (1,182)
Operating income 10,025 15,292 23,299 37,023
Other income (expense):        
Interest expense (1,909) (2,012) (5,705) (5,587)
Interest and other income (expense), net 937 1,245 3,226 3,444
Income before income tax provision 9,053 14,525 20,820 34,880
Income tax provision (2,689) (3,258) (6,155) (9,242)
Net income 6,364 11,267 14,665 25,638
Net income attributable to noncontrolling interests (424) (317) (1,539) (1,603)
Net income attributable to Photronics, Inc. shareholders $ 5,940 $ 10,950 $ 13,126 $ 24,035
Earnings per share:        
Basic (in dollars per share) $ 0.10 $ 0.18 $ 0.22 $ 0.40
Diluted (in dollars per share) $ 0.10 $ 0.16 $ 0.21 $ 0.37
Weighted-average number of common shares outstanding:        
Basic (in shares) 60,746 60,121 60,505 60,008
Diluted (in shares) 66,177 76,436 61,478 76,460