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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)
12 Months Ended
Oct. 29, 2017
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]  
Quarterly financial data
The following table sets forth certain unaudited quarterly financial data:

  
First
  
Second
  
Third
  
Fourth
  
Year
 
Fiscal 2017:
               
                
Net sales
 
$
109,831
  
$
108,297
  
$
111,579
  
$
120,971
  
$
450,678
 
Gross profit
  
22,999
   
20,157
   
21,717
   
26,442
   
91,315
 
Net income
  
4,510
   
1,484
   
4,799
   
10,496
   
21,289
 
Net income attributable to Photronics, Inc. shareholders
  
1,946
   
1,797
   
4,001
   
5,386
   
13,130
 
                     
Earnings per share:
                    
Basic
 
$
0.03
  
$
0.03
  
$
0.06
  
$
0.08
  
$
0.19
 
Diluted
 
$
0.03
  
$
0.03
  
$
0.06
  
$
0.08
  
$
0.19
 
                     
Fiscal 2016:
                    
  
        (a)
  
        (b)
      
        (c)
  
      (a)(d)
 
Net sales
 
$
129,956
  
$
122,923
  
$
123,209
  
$
107,368
  
$
483,456
 
Gross profit
  
35,436
   
31,287
   
31,450
   
20,533
   
118,706
 
Net income
  
23,501
   
14,153
   
11,453
   
6,569
   
55,676
 
Net income attributable to Photronics, Inc. shareholders
  
21,002
   
11,854
   
8,088
   
5,256
   
46,200
 
                     
Earnings per share:
                    
Basic
 
$
0.31
  
$
0.18
  
$
0.12
  
$
0.08
  
$
0.68
 
Diluted
 
$
0.28
  
$
0.16
  
$
0.12
  
$
0.08
  
$
0.64
 

(a)
Includes $8.8 million gain on sale of investment in a foreign entity.
 
(b)
Includes a tax benefit in Taiwan of $1.8 million related to prior years.
 
(c)
Includes a tax benefit in Taiwan of $3.0 million related to the recognition of prior period tax benefits and other tax positions no longer deemed necessary.
 
(d)
Includes tax benefits in Taiwan of $4.8 million primarily related to the recognition of prior period tax benefits and other tax positions no longer deemed necessary.