XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.22.2.2

INCOME TAXES (Tables) | 9 Months Ended
--- | ---
Jul. 31, 2022
INCOME TAXES [Abstract] |
Reconciliation of Effective Income Tax Rates from U.S. Statutory Tax Rates | The table below sets forth the primary reasons that our effective income tax rates differed from the U.S. statutory tax rates in effect during the three and nine-month periods ended July 31, 2022, and August 1, 2021.
Reporting Period |  | U.S. Statutory Tax Rates |  |  | Photronics Effective Tax Rates |  | Primary Reasons for Differences
Three months ended July 31, 2022 |  | 21.0% |  |  | 26.9% |  | Non-recognition of the tax benefit of losses that, in certain jurisdictions, have been offset by valuation allowances; non-U.S. pre-tax income being taxed at higher statutory rates in non-U.S. jurisdictions; and the establishment of uncertain tax positions in non-U.S. jurisdiction.
Three months ended August 1, 2021 |  | 21.0% |  |  | 24.4% |  | Changes in forecasted jurisdictional earnings; benefits of investment credits in certain foreign jurisdictions, partially offset by valuation allowance activity.
Nine months ended July 31, 2022 |  | 21.0% |  |  | 26.1% |  | Non-recognition of the tax benefit of losses that, in certain jurisdictions, have been offset by valuation allowances; non-U.S. pre-tax income being taxed at higher statutory rates in non-U.S. jurisdictions; and the establishment of uncertain tax positions in non-U.S. jurisdiction.
Nine months ended August 1, 2021 |  | 21.0% |  |  | 22.4% |  | Changes in forecasted jurisdictional earnings; benefits of investment tax credits in certain foreign jurisdictions, partially offset by valuation allowance activity
Unrecognized Tax Benefits | The table below presents information on our unrecognized tax benefits as of the balance sheet dates.
|  | July 31, 2022 |  |  | October 31, 2021 |
Unrecognized tax benefits related to uncertain tax positions |  | $ | 5,315 |  |  | $ | 3,757 |
Unrecognized tax benefits that, if recognized, would impact the effective tax rate |  | $ | 5,315 |  |  | $ | 3,757 |
Accrued interest and penalties related to uncertain tax positions |  | $ | 388 |  |  | $ | 223 |

X
- Definition Tabular disclosure of unrecognized tax benefits. + References No definition available. + Details
Name: | plab_ScheduleOfUnrecognizedTaxBenefitsTableTextBlock
Namespace Prefix: | plab_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration