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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 28, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 493,905 $ 499,292
Short-term investments 65,955 12,915
Accounts receivable, net of allowance of $1,036 in 2024 and $1,099 in 2023 197,523 194,927
Inventories 54,257 49,963
Other current assets 32,493 28,353
Total current assets 844,133 785,450
Property, plant and equipment, net 729,489 709,244
Deferred income taxes 19,821 21,297
Other assets 10,010 10,230
Total assets 1,603,453 1,526,221
Current liabilities:    
Current portion of long-term debt 19,318 6,621
Accounts payable 94,745 84,024
Accrued liabilities 81,504 94,578
Total current liabilities 195,567 185,223
Long-term debt 2,456 17,998
Other liabilities 37,401 47,391
Total liabilities 235,424 250,612
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.01 par value, 2,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 150,000 shares authorized, 61,799 shares issued and outstanding as of April 28, 2024, and 61,310 shares issued and outstanding as of October 31, 2023 618 613
Additional paid-in capital 506,621 502,010
Retained earnings 623,550 561,119
Accumulated other comprehensive loss (95,932) (88,734)
Total Photronics, Inc. shareholders' equity 1,034,857 975,008
Noncontrolling interests 333,172 300,601
Total equity 1,368,029 1,275,609
Total liabilities and equity $ 1,603,453 $ 1,526,221