The following tables set forth the Company's consolidated changes in equity for the three and nine month periods ended July 29, 2012 and July 31, 2011:

	Three Months Ended July 29, 2012
	Photronics, Inc. Shareholders

									Accumulated
	Common Stock				Additional				Other			Non-
					Paid-in		Retained		Comprehensive			controlling			Total
	Shares		Amount		Capital		Earnings		Income			Interests			Equity

Balance at April 30, 2012		60,106	$	601	$	490,350	$	26,690	$	8,431		$	42,805		$	568,877

Net income		-		-		-		10,950		-			317			11,267
Other comprehensive income (loss)		-		-		-		-		(6,004	)		(999	)		(7,003	)
Sale of common stock through employee stock option and purchase plans		8		-		18		-		-			-			18
Restricted stock awards vesting and expense		23		-		221		-		-			-			221
Share-based compensation expense		-		-		657		-		-			-			657
Repurchase of common stock by subsidiary		-		-		485		-		(19	)		(4,536	)		(4,070	)

Balance at July 29, 2012		60,137	$	601	$	491,731	$	37,640	$	2,408		$	37,587		$	569,967

	Three Months Ended July 31, 2011
	Photronics, Inc. Shareholders

							Retained
							Earnings			Accumulated
	Common Stock				Additional		(Accum-			Other		Non-
					Paid-in		ulated			Comprehensive		controlling		Total
	Shares		Amount		Capital		Deficit)			Income		Interests		Equity

Balance at May 2, 2011		58,539	$	585	$	478,009	$	(6,951	)	$	23,991	$	56,981	$	552,615

Net income		-		-		-		11,265			-		1,357		12,622
Other comprehensive income		-		-		-		-			3,303		99		3,402
Common stock issued to extinguish debt		738		7		6,461		-			-		-		6,468
Sale of common stock through employee stock option and purchase plans		205		2		243		-			-		-		245
Restricted stock awards vesting and expense		28		1		341		-			-		-		342
Share-based compensation expense		-		-		385		-			-		-		385

Balance at July 31, 2011		59,510	$	595	$	485,439	$	4,314		$	27,294	$	58,437	$	576,079

	Nine Months Ended July 29, 2012
	Photronics, Inc. Shareholders

									Accumulated
	Common Stock				Additional				Other			Non-
					Paid-in		Retained		Comprehensive			controlling			Total
	Shares		Amount		Capital		Earnings		Income			Interests			Equity

Balance at October 31, 2011		59,651	$	597	$	486,674	$	13,605	$	10,171		$	48,709		$	559,756

Net income		-		-		-		24,035		-			1,603			25,638
Other comprehensive income		-		-		-		-		(7,708	)		359			(7,349	)
Sale of common stock through employee stock option and purchase plans		211		2		255		-		-			-			257
Restricted stock awards vesting and expense		98		-		673		-		-			-			673
Share-based compensation expense		-		-		1,576		-		-			-			1,576
Common stock warrants exercised		177		2		1,051		-		-			-			1,053
Repurchase of common stock by subsidiary		-		-		1,502		-		(55	)		(13,084	)		(11,637	)

Balance at July 29, 2012		60,137	$	601	$	491,731	$	37,640	$	2,408		$	37,587		$	569,967

	Nine Months Ended July 31, 2011
	Photronics, Inc. Shareholders

								Retained
								Earnings			Accumulated
	Common Stock				Additional			(Accum-			Other			Non-
					Paid-in			ulated			Comprehensive			controlling			Total
	Shares		Amount		Capital			Deficit)			Income			Interests			Equity

Balance at November 1, 2010		53,779	$	538	$	436,825		$	(2,624	)	$	7,062		$	54,142		$	495,943

Net income		-		-		-			6,938			-			4,235			11,173
Other comprehensive income		-		-		-			-			20,244			3,009			23,253
Common stock issued to extinguish debt		5,229		52		45,585			-			-			-			45,637
Sale of common stock through employeestock option and purchase plans		315		3		387			-			-			-			390
Restricted stock awards vesting and expense		65		1		763			-			-			-			764
Share-based compensation expense		-		-		1,050			-			-			-			1,050
Common stock warrants exercised		122		1		1,157			-			-			-			1,158
Repurchase of common stock by subsidiary		-		-		(328	)		-			(12	)		(2,949	)		(3,289	)

Balance at July 31, 2011		59,510	$	595	$	485,439		$	4,314		$	27,294		$	58,437		$	576,079