Three Months Ended
|
||||||||||||
January 31,
2021
|
October 31,
2020
|
February 2,
2020
|
||||||||||
Revenue
|
$
|
152,067
|
$
|
149,286
|
$
|
159,736
|
||||||
Cost of goods sold
|
121,538
|
117,401
|
125,134
|
|||||||||
Gross profit
|
30,529
|
31,885
|
34,602
|
|||||||||
Operating Expenses:
|
||||||||||||
Selling, general and administrative
|
14,053
|
12,790
|
14,219
|
|||||||||
|
||||||||||||
Research and development
|
4,710
|
4,110
|
4,080
|
|||||||||
Total Operating Expenses
|
18,763
|
16,900
|
18,299
|
|||||||||
Operating income
|
11,766
|
14,985
|
16,303
|
|||||||||
Other income (expense), net
|
680
|
(2,937
|
)
|
3,697
|
||||||||
Income before income tax provision
|
12,446
|
12,048
|
20,000
|
|||||||||
Income tax provision
|
2,937
|
3,469
|
9,072
|
|||||||||
Net income
|
9,509
|
8,579
|
10,928
|
|||||||||
Net income attributable to noncontrolling interests
|
1,473
|
2,119
|
628
|
|||||||||
Net income attributable to Photronics, Inc. shareholders
|
$
|
8,036
|
$
|
6,460
|
$
|
10,300
|
||||||
Earnings per share:
|
||||||||||||
Basic
|
$
|
0.13
|
$
|
0.10
|
$
|
0.16
|
||||||
|
||||||||||||
Diluted
|
$
|
0.13
|
$
|
0.10
|
$
|
0.16
|
||||||
Weighted-average number of common shares outstanding:
|
||||||||||||
Basic
|
62,475
|
64,193
|
65,554
|
|||||||||
|
||||||||||||
Diluted
|
63,005
|
64,768
|
66,449
|