QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

12 Months Ended

Nov. 02, 2014

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

NOTE 21 - QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

     The following table sets forth certain unaudited quarterly financial data:

	First		Second		Third		Fourth		Year
Fiscal 2014:
	(a)		(b) (c)						(b) (d)
Net sales	$	101,542	$	104,882	$	124,852	$	124,251	$	455,527
Gross margin		22,882		22,190		28,650		26,624		100,346
Net income		2,041		15,950		7,344		6,700		32,035
Net income attributable to Photronics, Inc. shareholders		1,993		15,540		4,186		4,277		25,996
Earnings per share:
Basic	$	0.03	$	0.25	$	0.07	$	0.07	$	0.42
Diluted	$	0.03	$	0.22	$	0.07	$	0.07	$	0.41
Fiscal 2013:
							(e)		(e)
Net sales	$	99,839	$	106,680	$	109,652	$	106,009	$	422,180
Gross margin		21,098		24,789		27,078		26,675		99,640
Net income		2,859		5,442		6,364		4,911		19,576
Net income attributable to Photronics, Inc. shareholders		2,323		4,863		5,940		4,840		17,966
Earnings per share:
Basic	$	0.04	$	0.08	$	0.10	$	0.08	$	0.30
Diluted	$	0.04	$	0.08	$	0.10	$	0.08	$	0.29

(a) Includes expenses of $0.5 million, net of tax, related to the acquisition of DPTT.

(b) Includes non-cash gain of $16.4 million, net of tax, related to the acquisition of DPTT.

(c) Includes expenses of $2.0 million, net of tax, related to the acquisition of DPTT.

(d) Includes expenses of $2.5 million, net of tax, related to the acquisition of DPTT.

(e) Includes expenses of $0.8 million, net of tax, related to the subsequent acquisition of DPTT.