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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Nov. 01, 2015 | Aug. 02, 2015 | May. 03, 2015 | Feb. 01, 2015 | Nov. 02, 2014 | Aug. 03, 2014 | May. 04, 2014 | Feb. 02, 2014 | Nov. 01, 2015 | Nov. 02, 2014 | Nov. 03, 2013
Selected Quarterly Financial Data (Unaudited) [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ 141,693 | $ 131,699 | $ 127,309 | $ 123,505 | [1] | $ 124,251 | $ 124,852 | $ 104,882 | [2],[3] | $ 101,542 | [4] | $ 524,206 | [1] | $ 455,527 | [3],[5] | $ 422,180
Gross margin | 44,614 | 37,243 | 33,095 | 28,184 | [1] | 26,624 | 28,650 | 22,190 | [2],[3] | 22,882 | [4] | 143,136 | [1] | 100,346 | [3],[5] |
Net income | 22,151 | 15,410 | 12,156 | 7,142 | [1] | 6,700 | 7,344 | 15,950 | [2],[3] | 2,041 | [4] | 56,859 | [1] | 32,035 | [3],[5] | 19,576
Net income attributable to Photronics, Inc. shareholders | $ 18,622 | $ 12,106 | $ 10,060 | $ 3,837 | [1] | $ 4,277 | $ 4,186 | $ 15,540 | [2],[3] | $ 1,993 | [4] | $ 44,625 | [1] | $ 25,996 | [3],[5] | $ 17,966
Earnings per share [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (in dollars per share) | $ 0.28 | $ 0.18 | $ 0.15 | $ 0.06 | [1] | $ 0.07 | $ 0.07 | $ 0.25 | [2],[3] | $ 0.03 | [4] | $ 0.67 | [1] | $ 0.42 | [3],[5] | $ 0.30
Diluted (in dollars per share) | $ 0.25 | $ 0.17 | $ 0.14 | $ 0.06 | [1] | $ 0.07 | $ 0.07 | $ 0.22 | [2],[3] | $ 0.03 | [4] | $ 0.63 | [1] | $ 0.41 | [3],[5] | $ 0.29
Transaction expenses, net of tax |  |  |  |  |  | $ 2,500 |  | $ 2,000 |  | $ 500 |  |  |  | $ 2,500 |  |
Non cash gain related to acquisition, net of tax |  |  |  |  |  |  |  | $ 16,400 |  |  |  | $ 0 |  | $ 16,372 |  | $ 0
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financing expenses |  |  |  | $ 900 |  |  |  |  |  |  |  | $ 900 |  |  |  |
[1] | Includes expenses of $0.9 million of financing expenses related to the exchange of $57.5 million 3.25% convertible senior notes.
[2] | Includes expenses of $2.0 million, net of tax, related to the acquisition of DPTT.
[3] | Includes non-cash gain of $16.4 million, net of tax, related to the acquisition of DPTT.
[4] | Includes expenses of $0.5 million, net of tax, related to the acquisition of DPTT.
[5] | Includes expenses of $2.5 million, net of tax, related to the acquisition of DPTT.

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