QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

12 Months Ended

Oct. 31, 2019

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 2019:
Revenue	$	124,712	$	131,580	$	138,112	$	156,256	$	550,660
Gross profit		26,102		26,010		30,570		38,159		120,841
Net income		7,768		9,852		9,834		13,037		40,491
Net income attributable to Photronics, Inc. shareholders		5,267		8,479		6,347		9,700		29,793
Earnings per share:
Basic	$	0.08	$	0.13	$	0.10	$	0.15	$	0.45
Diluted	$	0.08	$	0.13	$	0.10	$	0.15	$	0.44
	First		Second		Third		Fourth		Year
Fiscal 2018:			(a)						(a)
Revenue	$	123,446	$	130,779	$	136,391	$	144,660	$	535,276
Gross profit		27,662		32,819		35,597		35,425		131,503
Net income		9,481		15,189		19,797		16,769		61,236
Net income attributable to Photronics, Inc. shareholders		5,898		10,665		13,005		12,487		42,055
Earnings per share:
Basic	$	0.09	$	0.15	$	0.19	$	0.18	$	0.61
Diluted	$	0.09	$	0.15	$	0.18	$	0.18	$	0.59

(a)          Includes $0.6 million gain on sale of assets.