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REVENUE (Tables)
 6 Months Ended
Apr. 28, 2019
REVENUE [Abstract]  
Impacts of Adoption of Condensed Consolidated Balance Sheet, Condensed Consolidated Statements of Income and Cash Flows
The following tables present the impacts of our adoption of Topic 606 on our April 28, 2019, condensed consolidated balance sheet, and condensed consolidated statements of income for the three and six months ended April 28, 2019, and cash flows for the six months ended April 28, 2019.

Condensed Consolidated Balance Sheet
April 28, 2019

  
As Reported
  
Adjustments
  
Balance without
Adoption of Topic 606
 
Assets
         
Accounts receivable
 
$
123,371
  
$
(794
)
 
$
122,577
 
Inventory
  
34,696
   
4,807
   
39,503
 
Other current assets
  
38,304
   
(6,237
)
  
32,067
 
Deferred income taxes
  
15,121
   
105
   
15,226
 
             
Liabilities
            
Accrued liabilities
 
$
58,659
  
$
686
  
$
59,345
 
Deferred income taxes
  
829
   
(367
)
  
462
 
             
Equity
            
Photronics, Inc. shareholders’ equity
 
$
763,568
  
$
(1,963
)
 
$
761,605
 
Noncontrolling interests
  
134,760
   
(475
)
  
134,285
 

Condensed Consolidated Statement of Income
Three Months Ended April 28, 2019

  
As Reported
  
Adjustments
  
Balance without
Adoption of Topic 606
 
          
Revenue
 
$
131,580
  
$
(242
)
 
$
131,338
 
Cost of goods sold
  105,570   (162
)
  105,408 
Gross profit
  
26,010
   
(80
)
  
25,930
 
Provision for taxes
  3,278   (48
)
  3,230 
Net income
  
9,852
   
(128
)
  
9,724
 
Noncontrolling interests
  1,373   78   1,451 
Income attributable to Photronics, Inc. shareholders
 
$
8,479
  
$
(206
)
 
$
8,273
 

Condensed Consolidated Statement of Income
Six Months Ended April 28, 2019

  
As Reported
  
Adjustments
  
Balance without
Adoption of Topic 606
 
          
Revenue
 
$
256,291
  
$
(2,524
)
 
$
253,767
 
Cost of goods sold
  
204,179
   
(1,041
)
  
203,138
 
Gross profit
  
52,112
   
(1,483
)
  
50,629
 
Provision for taxes
  
4,665
   
(178
)
  
4,487
 
Net income
  
17,620
   
(1,305
)
  
16,315
 
Noncontrolling interests
  
3,874
   
(353
)
  
3,521
 
Income attributable to Photronics, Inc. shareholders
 
$
13,746
  
$
(952
)
 
$
12,794
 

Condensed Consolidated Statement of Cash Flows
Six Months Ended April 28, 2019

  
As Reported
  
Adjustments
  
Balance without
Adoption of Topic 606
 
          
Net Income
 
$
17,620
  
$
(1,305
)
 
$
16,315
 
Changes in operating accounts:
            
Accounts receivable
 
$
(2,295
)
 
$
211
  
$
(2,084
)
Inventories
  
(9,447
)
  
(1,204
)
  
(10,651
)
Other current assets
  
(6,114
)
  
1,799
   
(4,315
)
Accounts payable, accrued liabilities, and other
  
(40,566
)
  
499
   
(40,067
)
Disaggregation of Revenue
The following tables present our revenue for the three and six-month periods ended April 28, 2019, disaggregated by product type, geographic location, and timing of recognition.

Revenue by Product Type
 
Three Months Ended
April 28, 2019
  
Six Months Ended
April 28, 2019
 
       
IC
      
High-end
 
$
38,429
  
$
72,995
 
Mainstream
  
60,158
   
120,471
 
Total IC
 
$
98,587
  
$
193,466
 
         
FPD
        
High-end
 
$
22,956
  
$
44,422
 
Mainstream
  
10,037
   
18,403
 
Total FPD
 
$
32,993
  
$
62,825
 
  
$
131,580
  
$
256,291
 
Revenue by Geographic Location
     
Taiwan
 
$
56,469
  
$
114,209
 
Korea
  
38,038
   
73,275
 
United States
  
26,742
   
49,215
 
Europe
  
8,435
   
16,788
 
China
  
1,467
   
1,730
 
Other
  
429
   
1,074
 
  
$
131,580
  
$
256,291
 
Revenue by Timing of Recognition
     
Over time
 
$
123,853
  
$
244,699
 
At a point in time
  
7,727
   
11,592
 
  
$
131,580
  
$
256,291