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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Apr. 28, 2024
Apr. 30, 2023
Condensed Consolidated Statements of Income [Abstract]        
Revenue [1] $ 217,000 $ 229,306 $ 433,334 $ 440,397
Cost of goods sold 137,749 140,904 274,828 275,918
Gross profit 79,251 88,402 158,506 164,479
Operating expenses:        
Selling, general, and administrative 18,996 17,878 37,317 34,696
Research and development 4,292 3,479 7,736 6,781
Total operating expenses 23,288 21,357 45,053 41,477
Other operating income, net 89 0 89 0
Operating income 56,052 67,045 113,542 123,002
Other income (expense):        
Foreign currency transactions impact, net 14,766 10,718 5,858 (6,226)
Interest income and other income, net 5,878 2,987 11,128 5,570
Interest expense (110) (134) (200) (198)
Income before income tax provision 76,586 80,616 130,328 122,148
Income tax provision 20,214 21,343 34,874 33,925
Net income 56,372 59,273 95,454 88,223
Net income attributable to noncontrolling interests 20,121 19,344 33,023 34,308
Net income attributable to Photronics, Inc. shareholders $ 36,251 $ 39,929 $ 62,431 $ 53,915
Earnings per share:        
Basic (in dollars per share) $ 0.59 $ 0.65 $ 1.01 $ 0.88
Diluted (in dollars per share) $ 0.58 $ 0.65 $ 1 $ 0.88
Weighted-average number of common shares outstanding:        
Basic (in shares) 61,771 61,138 61,613 61,016
Diluted (in shares) 62,409 61,507 62,346 61,489
[1] This table disaggregates revenue by the location in which it was earned.