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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) (USD $) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Nov. 03, 2013 | Jul. 28, 2013 | Apr. 28, 2013 | Jan. 27, 2013 | Oct. 28, 2012 | Jul. 29, 2012 | Apr. 29, 2012 | Jan. 29, 2012 | Nov. 03, 2013 | Oct. 28, 2012 | Oct. 30, 2011
Selected Quarterly Financial Data (Unaudited) [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales | $ 106,009,000 | [1] | $ 109,652,000 | $ 106,680,000 | $ 99,839,000 | $ 104,218,000 | [2] | $ 116,616,000 | $ 117,451,000 | [3] | $ 112,154,000 | [4],[5] | $ 422,180,000 | [1] | $ 450,439,000 | [2],[3],[4],[5] | $ 512,020,000
Gross margin | 26,675,000 | [1] | 27,078,000 | 24,789,000 | 21,098,000 | 24,297,000 | [2] | 32,304,000 | 29,861,000 | [3] | 25,458,000 | [4],[5] | 99,640,000 | [1] | 111,920,000 | [2],[3],[4],[5] |
Net income | 4,911,000 | [1] | 6,364,000 | 5,442,000 | 2,859,000 | 4,217,000 | [2] | 11,267,000 | 9,530,000 | [3] | 4,841,000 | [4],[5] | 19,576,000 | [1] | 29,855,000 | [2],[3],[4],[5] | 20,208,000
Net income attributable to Photronics, Inc. shareholders | 4,840,000 | [1] | 5,940,000 | 4,863,000 | 2,323,000 | 3,832,000 | [2] | 10,950,000 | 8,818,000 | [3] | 4,268,000 | [4],[5] | 17,966,000 | [1] | 27,868,000 | [2],[3],[4],[5] | 16,229,000
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (in dollars per share) | $ 0.08 | [1] | $ 0.10 | $ 0.08 | $ 0.04 | $ 0.06 | [2] | $ 0.18 | $ 0.15 | [3] | $ 0.07 | [4],[5] | $ 0.30 | [1] | $ 0.46 | [2],[3],[4],[5] | $ 0.28
Diluted (in dollars per share) | $ 0.08 | [1] | $ 0.10 | $ 0.08 | $ 0.04 | $ 0.06 | [2] | $ 0.16 | $ 0.14 | [3] | $ 0.07 | [4],[5] | $ 0.29 | [1] | $ 0.44 | [2],[3],[4],[5] | $ 0.28
Subsequent measurement of common stock warrants at fair value, net of tax |  |  |  |  |  |  |  |  |  |  | 100,000 |  |  |  |  |  |
Transaction expenses, net of tax (joint venture with DNP Photomask Technology Co., Ltd) | 800,000 |  |  |  |  |  |  |  |  |  |  |  | 800,000 |  |  |  |
Consolidation and restructuring charges (credits) |  |  |  |  |  | $ 200,000 |  |  | $ 100,000 |  | $ 1,100,000 |  | $ 0 |  | $ 1,428,000 |  | $ 0
[1] | Includes transaction expenses of $0.8 million, net of tax, in connection with the pending joint venture with DNP Photomask Technology Co., Ltd.
[2] | Includes consolidation and restructuring charges of $0.2 million, net of tax, in connection with the discontinuance of manufacturing operations at the Company’s Singapore facility.
[3] | Includes consolidation and restructuring charges of $0.1 million, net of tax, in connection with the discontinuance of manufacturing operations at the Company’s Singapore facility.
[4] | Includes consolidation and restructuring charges of $1.1 million, net of tax, in connection with the discontinuance of manufacturing operations at the Company’s Singapore facility.
[5] | Includes non-cash gain of $0.1 million, net of tax, in connection with subsequent measurement at fair value of warrants issued to purchase the Company’s stock.

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