|
Three Months Ended
|
||||||||||||
|
February 2,
2020 |
October 31,
2019 |
January 27,
2019 |
||||||||||
|
Revenue
|
$
|
159,736
|
$
|
156,257
|
$
|
124,712
|
||||||
|
Cost of goods sold
|
125,134
|
118,098
|
98,610
|
|||||||||
|
Gross profit
|
34,602
|
38,159
|
26,102
|
|||||||||
|
Operating Expenses:
|
||||||||||||
|
Selling, general and administrative
|
14,219
|
12,140
|
13,792
|
|||||||||
|
Research and development
|
4,080
|
4,543
|
4,263
|
|||||||||
|
Total Operating Expenses
|
18,299
|
16,683
|
18,055
|
|||||||||
|
Operating income
|
16,303
|
21,476
|
8,047
|
|||||||||
|
Other income (expense), net
|
3,697
|
(6,111
|
)
|
1,108
|
||||||||
|
Income before income taxes
|
20,000
|
15,365
|
9,155
|
|||||||||
|
Income tax provision
|
9,072
|
2,327
|
1,387
|
|||||||||
|
Net income
|
10,928
|
13,038
|
7,768
|
|||||||||
|
Net income attributable to noncontrolling interests
|
628
|
3,338
|
2,501
|
|||||||||
|
Net income attributable to Photronics, Inc. shareholders
|
$
|
10,300
|
$
|
9,700
|
$
|
5,267
|
||||||
|
Earnings per share:
|
||||||||||||
|
Basic
|
$
|
0.16
|
$
|
0.15
|
$
|
0.08
|
||||||
|
|
||||||||||||
|
Diluted
|
$
|
0.16
|
$
|
0.15
|
$
|
0.08
|
||||||
|
Weighted-average number of common shares outstanding:
|
||||||||||||
|
Basic
|
65,554
|
66,230
|
66,583
|
|||||||||
|
|
||||||||||||
|
Diluted
|
66,449
|
66,862
|
67,047
|
|||||||||