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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2023
May 01, 2022
Apr. 30, 2023
May 01, 2022
Condensed Consolidated Statements of Income [Abstract]        
Revenue $ 229,306 $ 204,509 $ 440,397 $ 394,336
Cost of goods sold 140,904 134,289 275,918 264,253
Gross profit 88,402 70,220 164,479 130,083
Operating expenses:        
Selling, general, and administrative 17,878 16,613 34,696 32,340
Research and development 3,479 4,206 6,781 10,145
Total operating expenses 21,357 20,819 41,477 42,485
Operating income 67,045 49,401 123,002 87,598
Other income (expense):        
Foreign currency transactions impact, net 10,718 7,844 (6,226) 13,112
Interest income and other income, net 2,987 162 5,570 496
Interest expense (134) 15 (198) (880)
Income before income tax provision 80,616 57,422 122,148 100,326
Income tax provision 21,343 14,393 33,925 25,571
Net income 59,273 43,029 88,223 74,755
Net income attributable to noncontrolling interests 19,344 15,597 34,308 24,259
Net income attributable to Photronics, Inc. shareholders $ 39,929 $ 27,432 $ 53,915 $ 50,496
Earnings per share:        
Basic (in dollars per share) $ 0.65 $ 0.45 $ 0.88 $ 0.84
Diluted (in dollars per share) $ 0.65 $ 0.45 $ 0.88 $ 0.83
Weighted-average number of common shares outstanding:        
Basic (in shares) 61,138 60,606 61,016 60,382
Diluted (in shares) 61,507 61,145 61,489 61,041