Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Oct. 28, 2012	Dec. 31, 2012	Apr. 29, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	PHOTRONICS INC
Entity Central Index Key	0000810136
Current Fiscal Year End Date	--10-28
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 376,906,797
Entity Common Stock, Shares Outstanding		60,721,580
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	false
Document Period End Date	Oct. 28, 2012

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Oct. 28, 2012	Oct. 30, 2011
Current assets:
Cash and cash equivalents	$ 218,043	$ 189,928
Accounts receivable, net of allowance of $3,902 in 2012 and $4,055 in 2011	75,685	85,540
Inventories	17,702	22,100
Deferred income taxes	1,199	609
Other current assets	7,165	7,030
Total current assets	319,794	305,207
Property, plant and equipment, net	380,808	368,680
Investment in joint venture	93,252	79,984
Intangible assets, net	37,384	42,462
Deferred income taxes	11,395	11,239
Other assets	6,601	10,282
Total assets	849,234	817,854
Current liabilities:
Current portion of long-term borrowings	7,781	5,583
Accounts payable	53,031	54,772
Accrued liabilities	24,701	35,546
Total current liabilities	85,513	95,901
Long-term borrowings	168,956	152,577
Deferred income taxes	661	737
Other liabilities	8,103	8,883
Total liabilities	263,233	258,098
Commitments and contingencies
Equity:
Preferred stock, $0.01 par value, 2,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.01 par value, 150,000 shares authorized, 60,213 shares issued and outstanding at October 28, 2012, and 59,651 shares issued and outstanding at October 30, 2011	602	597
Additional paid-in capital	493,411	486,674
Retained earnings	41,473	13,605
Accumulated other comprehensive income	15,900	10,171
Total Photronics, Inc. shareholders' equity	551,386	511,047
Noncontrolling interests	34,615	48,709
Total equity	586,001	559,756
Total liabilities and equity	$ 849,234	$ 817,854

Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Per Share data, unless otherwise specified	Oct. 28, 2012	Oct. 30, 2011
Current assets:
Accounts receivable, allowance	$ 3,902	$ 4,055
Equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	2,000	2,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	150,000	150,000
Common stock, shares issued (in shares)	60,213	59,651
Common stock, shares outstanding (in shares)	60,213	59,651

Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Consolidated Statements of Income [Abstract]
Net sales	$ 450,439	$ 512,020	$ 425,554
Cost and expenses:
Cost of sales	(338,519)	(375,806)	(333,739)
Selling, general and administrative	(46,706)	(45,240)	(42,387)
Research and development	(19,371)	(15,507)	(14,932)
Consolidation, restructuring and related (charges) credits	(1,428)	0	4,979
Operating income	44,415	75,467	39,475
Other income (expense):
Interest expense	(7,488)	(7,258)	(9,475)
Interest and other income (expense), net	3,721	2,949	2,553
Debt extinguishment loss	0	(35,259)	0
Income before income tax provision	40,648	35,899	32,553
Income tax provision	(10,793)	(15,691)	(7,471)
Net income	29,855	20,208	25,082
Net income attributable to noncontrolling interests	(1,987)	(3,979)	(1,160)
Net income attributable to Photronics, Inc. shareholders	$ 27,868	$ 16,229	$ 23,922
Earnings per share:
Basic (in dollars per share)	$ 0.46	$ 0.28	$ 0.45
Diluted (in dollars per share)	$ 0.44	$ 0.28	$ 0.43
Weighted-average number of common shares outstanding:
Basic (in shares)	60,055	57,030	53,433
Diluted (in shares)	76,464	58,458	65,803

Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 29,855	$ 20,208	$ 25,082
Other comprehensive income, net of tax of $0:
Foreign currency translation adjustments	7,188	3,267	16,574
Amortization of cash flow hedge	128	128	129
Unrealized holding gains	0	0	209
Less: reclassification adjustments	0	0	(209)
Other	(109)	(35)	(211)
Total other comprehensive income, net of tax	7,207	3,360	16,492
Comprehensive income	37,062	23,568	41,574
Less: comprehensive income attributable to noncontrolling interests	3,387	4,196	4,201
Comprehensive income attributable to Photronics, Inc. shareholders	$ 33,675	$ 19,372	$ 37,373

Consolidated Statements of Equity (USD $) In Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Non-Controlling Interest [Member]	Total
Balance at Nov. 01, 2009	$ 530	$ 432,160	$ (26,546)	$ (6,389)	$ 49,941	$ 449,696
Balance (in shares) at Nov. 01, 2009	53,011
Net income	0	0	23,922	0	1,160	25,082
Other comprehensive income	0	0	0	13,451	3,041	16,492
Sale of common stock through employee stock option and purchase plan (in shares)	242
Sale of common stock through employee stock option and purchase plan	2	520	0	0	0	522
Restricted stock awards vestings and expense (in shares)	58
Restricted stock awards vestings and expense	1	509	0	0	0	510
Share-based compensation expense	0	1,374	0	0	0	1,374
Common stock warrants exercised (in shares)	468
Common stock warrants exercised	5	2,235	0	0	0	2,240
Common stock issuance costs	0	27	0	0	0	27
Balance at Oct. 31, 2010	538	436,825	(2,624)	7,062	54,142	495,943
Balance (in shares) at Oct. 31, 2010	53,779
Net income	0	0	16,229	0	3,979	20,208
Other comprehensive income	0	0	0	3,143	217	3,360
Common stock issued to extinguish debt (in shares)	5,229
Common stock issued to extinguish debt	52	45,585	0	0	0	45,637
Sale of common stock through employee stock option and purchase plan (in shares)	440
Sale of common stock through employee stock option and purchase plan	5	851	0	0	0	856
Restricted stock awards vestings and expense (in shares)	81
Restricted stock awards vestings and expense	1	1,035	0	0	0	1,036
Share-based compensation expense	0	1,422	0	0	0	1,422
Common stock warrants exercised (in shares)	122
Common stock warrants exercised	1	1,157	0	0	0	1,158
Repurchase of common stock by subsidiary	0	(201)	0	(34)	(9,629)	(9,864)
Balance at Oct. 30, 2011	597	486,674	13,605	10,171	48,709	559,756
Balance (in shares) at Oct. 30, 2011	59,651					59,651
Net income	0	0	27,868	0	1,987	29,855
Other comprehensive income	0	0	0	5,807	1,400	7,207
Sale of common stock through employee stock option and purchase plan (in shares)	277
Sale of common stock through employee stock option and purchase plan	3	542	0	0	0	545
Restricted stock awards vestings and expense (in shares)	108
Restricted stock awards vestings and expense	1	901	0	0	0	902
Share-based compensation expense	0	2,258	0	0	0	2,258
Common stock warrants exercised (in shares)	177
Common stock warrants exercised	1	1,051	0	0	0	1,052
Repurchase of common stock by subsidiary	0	1,985	0	(78)	(17,481)	(15,574)
Balance at Oct. 28, 2012	$ 602	$ 493,411	$ 41,473	$ 15,900	$ 34,615	$ 586,001
Balance (in shares) at Oct. 28, 2012	60,213					60,213

Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Cash flows from operating activities:
Net income	$ 29,855	$ 20,208	$ 25,082
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property, plant and equipment	78,623	86,661	81,374
Amortization of deferred financing costs and intangible assets	6,586	6,799	8,926
Debt extinguishment loss	0	27,399	0
Consolidation, restructuring and related charges (credits)	262	0	(5,059)
Share-based compensation	3,160	2,458	1,883
Deferred income taxes	(615)	(224)	168
Changes in assets and liabilities:
Accounts receivable	11,190	(1,806)	(13,352)
Inventories	4,683	(6,544)	(84)
Other current assets	(79)	223	(725)
Accounts payable, accrued liabilities and other	(1,116)	1,379	(2,294)
Net cash provided by operating activities	132,549	136,553	95,919
Cash flows from investing activities:
Purchases of property, plant and equipment	(96,978)	(82,121)	(71,381)
Investment in joint venture	(13,397)	(18,271)	0
Other	(1,568)	(345)	289
Proceeds from sale of facilities	0	0	12,880
Net cash used in investing activities	(111,943)	(100,737)	(58,212)
Cash flows from financing activities:
Proceeds from long-term borrowings	25,000	17,000	41,680
Proceeds from convertible debt offering	0	115,000	0
Repurchase of common stock by subsidiary	(15,598)	(9,878)	0
Repayments of long-term borrowings	(5,293)	(64,107)	(72,932)
Proceeds from share-based arrangements	653	828	81
Payments of deferred financing fees	(198)	(117)	(1,285)
Payments of expenses related to debt offering	0	(4,201)	0
Net cash provided by (used in) financing activities	4,564	54,525	(32,456)
Effects of exchange rate changes on cash	2,945	642	5,155
Net increase in cash and cash equivalents	28,115	90,983	10,406
Cash and cash equivalents at beginning of year	189,928	98,945	88,539
Cash and cash equivalents at end of year	218,043	189,928	98,945
Supplemental disclosure of non-cash information:
Accrual for property, plant and equipment purchased during year	5,052	6,869	39,560
Deposit related to facility purchase	2,000	0	0
Capital lease obligation for purchases of property, plant and equipment	0	21,248	0
Common stock issued to extinguish debt	$ 0	$ 20,234	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Oct. 28, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Business Photronics, Inc. and its subsidiaries (the "Company" or "Photronics") is one of the world's leading manufacturers of photomasks, which are high precision photographic quartz plates containing microscopic images of electronic circuits. Photomasks are a key element in the manufacture of semiconductors and flat panel displays ("FPDs"), and are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits ("ICs") and a variety of FPDs and, to a lesser extent, other types of electrical and optical components. The Company currently operates principally from eight manufacturing facilities; two of which are located in Europe, two in Taiwan, one in Korea, and three in the United States. In December 2011 the Company ceased manufacturing photomasks at its facility in Singapore. Consolidation The accompanying consolidated financial statements include the accounts of Photronics, Inc. and its majority-owned subsidiaries that the Company controls. All intercompany balances and transactions have been eliminated in consolidation. Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect amounts reported in them. Actual results may differ from such estimates. Derivative Instruments and Hedging Activities The Company records derivatives in the consolidated balance sheets as assets or liabilities, measured at fair value. The Company does not engage in derivative instruments for speculative purposes. Gains or losses resulting from changes in the values of those derivatives are reflected in earnings, or as accumulated other comprehensive income or loss, a separate component of equity, depending on the use of the derivatives and whether they qualify for hedge accounting. In order to qualify for hedge accounting, among other criteria, a derivative must be a hedge of an interest rate, price, foreign currency exchange rate, or credit risk that is expected to be highly effective at the inception of the hedge, be highly effective in achieving offsetting changes in the fair value or cash flows of the hedged item during the term of the hedge and formally documented at the inception of the hedge. In general, the types of risks the Company has hedged are those related to the variability of future cash flows caused by movements in foreign currency exchange and interest rates. The Company documents its risk management strategy and hedge effectiveness at the inception of, and during the term of, each hedge. Fiscal Year The Company's fiscal year ends on the Sunday closest to October thirty-first, and, as a result, a 53-week year occurs every 5 to 6 years. Fiscal years 2012, 2011 and 2010 each included 52 weeks, while fiscal year 2013 will include 53 weeks. Cash and Cash Equivalents Cash and cash equivalents include cash and highly liquid investments purchased with an original maturity of 3 months or less. The carrying values of cash equivalents approximate their fair values due to the short-term maturities of these instruments. Inventories Inventories are primarily comprised of raw materials and are stated at the lower of cost, determined under the first-in, first-out ("FIFO") method, or market. Property, Plant and Equipment Property, plant and equipment, except as explained below under "Impairment of Long-Lived Assets," are stated at cost less accumulated depreciation and amortization. Repairs and maintenance, as well as renewals and replacements of a routine nature, are charged to operations as incurred, while those that improve or extend the lives of existing assets are capitalized. Upon sale or other disposition, the cost of the asset and accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in earnings. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the related assets. Buildings and improvements are depreciated over 15 to 40 years, machinery and equipment over 3 to 10 years and, furniture, fixtures and office equipment over 3 to 5 years. Leasehold improvements are amortized over the life of the lease or the estimated useful life of the improvement, whichever is less. Judgment and assumptions are used in establishing estimated useful lives and depreciation periods. The Company also uses judgment and assumptions as it periodically reviews property, plant and equipment for any potential impairment in carrying values whenever events such as a significant industry downturn, plant closures, technological obsolescence, or other change in circumstances indicate that their carrying amounts may not be recoverable. Intangible Assets Intangible assets consist primarily of a technology license agreement, a supply agreement and acquisition-related intangibles. These assets are stated at fair value as of the date acquired less accumulated amortization. Amortization is calculated based on the estimated useful lives of the assets, which range from 3 to 15 years, using the straight-line method or another method that more fairly represents the utilization of the assets. The Company periodically evaluates the remaining useful lives of its intangible assets to determine whether events or circumstances warrant a revision to the remaining periods of amortization. In the event that the estimate of an intangible asset's remaining useful life has changed, the remaining carrying amount of the intangible asset is amortized prospectively over that revised remaining useful life. If it is determined that an intangible asset has an indefinite useful life, that intangible asset would be subject to impairment testing annually or whenever events or circumstances indicate that the carrying value may not, based on future undiscounted cash flows or market factors, be recoverable, and an impairment loss would be recorded in the period so determined. The measurement of the impairment loss would be based on the fair value of the intangible asset. Impairment of Long-Lived Assets Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on the Company's judgment and estimates of undiscounted future cash flows resulting from the use of the assets and their eventual disposition. Measurement of an impairment loss for long-lived assets that management expects to hold and use is based on the fair value of the assets. The carrying values of assets determined to be impaired are reduced to their estimated fair values. Fair values of any impaired assets would generally be determined using a market or income approach. Investments in Joint Ventures Investments in joint ventures over which the Company has the ability to exercise significant influence and that, in general, are at least 20 percent owned are stated at cost plus equity in undistributed net income (loss) of the joint venture. An impairment loss would be recognized whenever a decrease in the fair value of such an investment below its carrying amount is determined to be other than temporary. In judging "other than temporary," the Company would consider the length of time and the extent to which the fair value of the investment has been less than the carrying amount of the investment, the near-term and longer-term operating and financial prospects of the investee, and the Company's longer-term intent of retaining its investment in the investee. Variable Interest Entities The Company accounts for the investments it makes in certain legal entities in which equity investors do not have 1) sufficient equity at risk for the legal entity to finance its activities without additional subordinated financial support or, 2) as a group, the holders of the equity investment at risk do not have either the power, through voting or similar rights, to direct the activities of the legal entity that most significantly impact the entity's economic performance or, 3) the obligation to absorb the expected losses of the legal entity or the right to receive expected residual returns of the legal entity. These certain legal entities are referred to as "variable interest entities", or "VIEs". The Company would consolidate the results of any such entity in which it determined that it had a controlling financial interest. The Company would have a "controlling financial interest" in such an entity if the Company had both the power to direct the activities that most significantly affect the VIE's economic performance and the obligation to absorb the losses of, or right to receive benefits from, the VIE that could be potentially significant to the VIE. On a quarterly basis, the Company reassesses whether it has a controlling financial interest in any investments it has in these certain legal entities. Income Taxes The income tax provision is computed on the basis of the various tax jurisdictions' income or loss before income taxes. Deferred income taxes reflect the tax effects of differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes, as well as the tax effects of net operating losses and tax credit carryforwards. The Company uses judgment and assumptions to determine if valuation allowances for deferred income tax assets are required, if their realization is not more likely than not, by considering future market growth, forecasted operations, future taxable income, and the mix of earnings in the tax jurisdictions in which it operates. The Company considers income taxes in each of the tax jurisdictions in which it operates in order to determine its effective income tax rate. Current income tax exposure is identified and temporary differences resulting from differing treatments of items for tax and financial reporting purposes are assessed. These differences result in deferred tax assets and liabilities, which are included in the Company's consolidated balance sheets. Additionally, the Company evaluates the potential realization of deferred income tax assets from future taxable income and establishes valuation allowances if their realization is deemed not more likely than not. Accordingly, income taxes charged against earnings may have been impacted by changes in the valuation allowance. Significant management estimates and judgment are required in determining any valuation allowances recorded against net deferred tax assets. The Company accounts for uncertain tax positions by recording a liability for unrecognized tax benefits resulting from uncertain tax positions taken, or expected to be taken, in its tax returns. The Company includes any applicable interest and penalties related to uncertain tax positions in its income tax provision. Earnings Per Share Basic earnings per share ("EPS") is based on the weighted-average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution that could occur if certain share-based payment awards or financial instruments were exercised, earned or converted. Share-Based Compensation The Company recognizes share-based compensation expense over the service period that the awards are expected to vest. Share-based compensation expense includes the estimated effects of forfeitures, which are adjusted over the requisite service period to the extent actual forfeitures differ, or are expected to differ, from such estimates. Changes in estimated forfeitures are recognized in the period of change and will also impact the amount of expense to be recognized in future periods. Determining the appropriate option pricing model, calculating the grant date fair value of share-based awards and estimating forfeiture rates requires considerable judgment, including the estimations of stock price volatility and the expected term of options granted. The Company uses the Black-Scholes option pricing model to value employee stock options. The Company estimates stock price volatility based on daily averages of its historical volatility over a term approximately equal to the estimated time period the grant will remain outstanding. The expected term of options and forfeiture rate assumptions are derived from historical data. Research and Development Research and development costs are expensed as incurred, and consist primarily of global development efforts related to high-end process technologies for advanced sub-wavelength reticle solutions for IC photomask technologies. Research and development expenses also include the amortization of the carrying value of a technology license agreement with Micron Technology, Inc. ("Micron"). Under this technology license agreement, the Company has access to certain photomask technology developed by Micron. Foreign Currency Translation The Company's international subsidiaries maintain their accounts in their respective local currencies. Assets and liabilities of such subsidiaries are translated to U.S. dollars at year-end exchange rates. Income and expenses are translated at average rates of exchange prevailing during the year. Foreign currency translation adjustments are accumulated and reported in accumulated other comprehensive income, a component of equity. The effects of changes in exchange rates on foreign currency transactions, which are included in interest and other income (expense), net were a gain of $0.2 million, $0.4 million and $2.0 million in fiscal years 2012, 2011 and 2010, respectively. Noncontrolling Interests Noncontrolling interests represents the minority shareholders' proportionate share in the equity of the Company's two majority-owned subsidiaries, PK Ltd. ("PKL") in Korea of which noncontrolling shareholders owned approximately 0.3% as of October 28, 2012 and October 30, 2011, and Photronics Semiconductor Mask Corporation ("PSMC") in Taiwan, of which noncontrolling interests owned approximately 28% and 38%, as of October 28, 2012 and October 30, 2011, respectively. The effect on its equity of the change in the Company's ownership interest in PSMC is presented in Note 15. Revenue Recognition The Company recognizes revenue when there is persuasive evidence that an arrangement exists, delivery has occurred, the sales price is fixed or determinable, and collectability is reasonably assured. Delivery is determined by the shipping terms of the individual sales transactions. For sales with FOB destination shipping terms, delivery occurs when the Company's product reaches its destination and is received by the customer. For sales with FOB shipping point terms, delivery occurs when the Company's product is received by the common carrier. The Company uses judgment when estimating the effect on revenue of discounts and product warranty obligations, both of which are accrued when the related revenue is recognized. Warranties and Other Post Shipment Obligations – For a 30-day period, the Company warrants that items sold will conform to customer specifications. However, the Company's liability is limited to the repair or replacement of the photomasks at its sole option. The Company inspects photomasks for conformity to customer specifications prior to shipment. Accordingly, customer returns of items under warranty have historically been insignificant. However, the Company records a liability for the insignificant amount of estimated warranty returns based on historical experience. The Company's specific return policies include accepting returns of products with defects, or products that have not been produced to precise customer specifications. At the time of revenue recognition, a liability is established for these items. Sales Taxes – The Company reports its revenues net of any sales taxes billed to its customers.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Oct. 28, 2012

PROPERTY, PLANT AND EQUIPMENT [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 2 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consists of the following:

	October 28, 2012		October 30, 2011

Land	$	8,538	$	7,330
Buildings and improvements		101,409		90,455
Machinery and equipment		1,197,854		1,195,007
Leasehold improvements		5,854		8,778
Furniture, fixtures and office equipment		13,484		13,988
Construction in progress		26,642		4,694
		1,353,781		1,320,252
Less accumulated depreciation and amortization		972,973		951,572
	$	380,808	$	368,680

Property under capital leases are included in above property, plant and equipment as follows:

	October 28, 2012		October 30, 2011

Machinery and equipment	$	21,327	$	21,327
Buildings and improvements		-		33,621
		21,327		54,948
Less accumulated amortization		2,758		24,660
	$	18,569	$	30,288

Depreciation expense for property, plant and equipment (excluding property under capital leases) was $73.8 million, $77.0 million and $71.2 million in fiscal years 2012, 2011 and 2010, respectively. Amortization expense for property under capital leases was $4.8 million, $9.7 million and $10.2 million in fiscal years 2012, 2011 and 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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INTANGIBLE ASSETS

12 Months Ended

Oct. 28, 2012

INTANGIBLE ASSETS [Abstract]

INTANGIBLE ASSETS

NOTE 3 - INTANGIBLE ASSETS

Intangible assets include assets related to the purchase of additional shares of PKL and the investment to form the MP Mask joint venture. Amortization expense of intangible assets was $5.0 million, $5.3 million and $6.0 million in fiscal years 2012, 2011 and 2010, respectively. Intangible asset amortization is forecasted to range from $4.0 million to $5.0 million per year for the next 5 years.

Intangible assets consist of:

As of October 28, 2012	Gross Amount		Accumulated Amortization		Net Amount
Technology license agreement	$	59,616	$	25,503	$	34,113
Customer lists		7,210		4,876		2,334
Supply agreement		6,959		6,157		802
Software and other		3,491		3,356		135
	$	77,276	$	39,892	$	37,384
As of October 30, 2011

Technology license agreement	$	59,616	$	21,528	$	38,088
Customer lists		7,210		4,154		3,056
Supply agreement		6,959		5,802		1,157
Software and other		3,557		3,396		161
	$	77,342	$	34,880	$	42,462

- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References+ Details

JOINT VENTURE, TECHNOLOGY LICENSE AND OTHER AGREEMENTS WITH MICRON TECHNOLOGY, INC

12 Months Ended

Oct. 28, 2012

JOINT VENTURE, TECHNOLOGY LICENSE AND OTHER AGREEMENTS WITH MICRON TECHNOLOGY, INC. [Abstract]

JOINT VENTURE, TECHNOLOGY LICENSE AND OTHER AGREEMENTS WITH MICRON TECHNOLOGY, INC.

NOTE 4 - JOINT VENTURE, TECHNOLOGY LICENSE AND OTHER AGREEMENTS WITH MICRON TECHNOLOGY, INC.

In May 2006 Photronics and Micron entered into the MP Mask joint venture ("MP Mask"), which develops and produces photomasks for leading-edge and advanced next generation semiconductors. As part of the formation of the joint venture, Micron contributed its existing photomask technology center located in Boise, Idaho, (headquarters of MP Mask) and Photronics invested $135 million in exchange for a 49.99% interest in MP Mask (to which $64.2 million of the original investment was allocated), a license for photomask technology of Micron, and certain supply agreements.

This joint venture is a variable interest entity ("VIE") (as that term is defined in the Accounting Standards Codification ("ASC") ) because all costs of the joint venture are passed on to the Company and Micron through purchase agreements they have entered into with the joint venture, and it is dependent upon the Company and Micron for any additional cash requirements. On a quarterly basis the Company reassesses whether its interest in MP Mask gives it a controlling financial interest in this VIE. The purpose of this quarterly reassessment is to identify the primary beneficiary (which is defined in the ASC as the entity that consolidates a VIE) of the VIE. As a result of the reassessments in fiscal year 2012, the Company determined that Micron is still the primary beneficiary of the VIE, by virtue of its tie-breaking voting rights within MP Mask's Board of Managers, thereby giving it the power to direct the activities of MP Mask that most significantly impact its economic performance, including its decision making authority in the ordinary course of business and its purchasing the majority of products produced by the VIE.

The Company has utilized MP Mask for both high-end IC photomask production and research and development purposes. MP Mask charges its variable interest holders based on their actual usage of its facility and charges separately for any research and development activities it engages in at the requests of its owners.

MP Mask is governed by a Board of Managers, appointed by Micron and the Company. Since MP Mask's inception, Micron, as a result of its majority ownership, has held majority voting power on the Board of Managers. The voting power held by each party is subject to change as ownership interests change. Under the MP Mask joint venture operating agreement, the Company may be required to make additional capital contributions to MP Mask up to the maximum amount defined in the operating agreement. However, should the Board of Managers determine that further additional funding is required, MP Mask shall pursue its own financing. If MP Mask is unable to obtain its own financing, it may request additional capital contributions from the Company. Should the Company choose not to make a requested contribution to MP Mask, its ownership percentage may be reduced. During fiscal 2012 and fiscal 2011 the Company made additional capital contributions of $13.4 million and $18.3 million, respectively, to the MP Mask joint venture, which were primarily related to capital calls made by the joint venture. The Company did not receive any distributions from MP Mask during fiscal 2012 or fiscal 2011.

The Company's investment in the VIE, which represents its maximum exposure to loss, was $93.3 million and $80.0 million at October 28, 2012 and October 30, 2011, respectively. These amounts are reported in the Company's consolidated balance sheets as Investment in joint venture. The Company recorded a loss from its investment in MP Mask of $0.1 million and income of $0.6 million and $0.2 million in fiscal years 2012, 2011 and 2010, respectively. Income (loss) from MP Mask is included in Interest and other income, net, in the consolidated statements of income.

As of October 28, 2012, the Company owed MP Mask $6.4 million and had a receivable from Micron of $9.0 million, both primarily related to the aforementioned supply agreements. The Company, in 2012, recorded $1.6 million of commission revenue earned under the supply agreements it has with Micron and MP Mask. Amortization of $0.4 million of the supply agreement intangible asset resulted in net revenue related to the supply agreements of $1.2 million in 2012. The recorded commission revenue of $1.6 million represents the excess of $41.5 million in orders received from Micron over the Company's cost of $39.9 million to fulfill the orders through MP Mask. The Company, for certain sales made during 2012, also recorded cost of sales in the amount of $7.6 million for photomasks produced by MP Mask for the Company's customers, and incurred expenses of $2.0 million for research and development activities and other goods and services purchased from MP Mask by the Company. In 2012, the Company purchased equipment from MP Mask for $1.9 million, of which $1.5 million was recorded as the cost of the equipment and $0.4 million was recorded as an investment in joint venture.

As of October 30, 2011, the Company owed MP Mask $6.3 million and had a receivable from Micron of $3.4 million, both primarily related to the aforementioned supply agreements. The Company, in 2011, recorded $1.7 million of commission revenue earned under the supply agreements it has with Micron and MP Mask. Amortization of $0.5 million of the supply agreement intangible asset resulted in net revenue related to the supply agreements of $1.2 million in 2011. The recorded commission revenue of $1.7 million represents the excess of $35.0 million in orders received from Micron over the Company's cost of $33.3 million to fulfill the orders through MP Mask. The Company, for certain sales made during 2011, also recorded cost of sales in the amount of $18.5 million for photomasks produced by MP Mask for the Company's customers, and incurred expenses of $3.1 million for research and development activities and other goods and services purchased from MP Mask by the Company. In 2011, the Company purchased equipment from MP Mask for $4.6 million, of which $2.3 million was recorded as the cost of the equipment and $2.3 million was recorded as an investment in joint venture.

The Company, in 2010, recorded $1.7 million of commission revenue earned under the supply agreements it has with Micron and MP Mask. Amortization of $0.5 million of the supply agreement intangible asset resulted in net revenue related to the supply agreements of $1.2 million in 2010. The recorded commission revenue of $1.7 million represents the excess of $35.3 million in orders received from Micron over the Company's cost of $33.6 million to fulfill the orders through MP Mask. The Company, for certain sales made during 2010, also recorded cost of sales in the amount of $5.9 million for photomasks produced by MP Mask for the Company's customers, and incurred expenses of $1.9 million for research and development activities and other goods and services purchased from MP Mask by the Company.

In the first quarter of 2008 a capital lease agreement with Micron commenced for the U.S. nanoFab facility in Boise, Idaho. Quarterly lease payments, which bore interest at 8%, were $3.8 million through January 2013. This lease was cancelled in the third fiscal quarter of 2009, at which time the Company and Micron (the lessor) entered into a new lease agreement for the facility. Under the provisions of the new lease agreement, quarterly lease payments were reduced from $3.8 million to $2.0 million, the term of the lease was extended from December 31, 2012 to December 31, 2014, and ownership of the property would not transfer to the Company at the end of the lease term. The interest rate of the new lease agreement remained at 8%. As a result of the new lease agreement, the Company reduced its lease obligation and the carrying value of its assets under capital leases by approximately $28 million. The Company paid the capital lease obligation in full in April 2011 with a portion of the net proceeds of the March 2011 issuance of its 3.25% convertible senior notes.

In the second quarter of fiscal 2012 the Company paid $35 million to Micron in connection with the purchase of the U.S. nanoFab facility and the remaining term of the operating lease agreement through 2014 was cancelled. Also in connection with this purchase, the Company entered into a $25 million term loan agreement in the second quarter of fiscal 2012 (see Notes 7 and 9 for further discussion).

Summarized financial information of MP Mask is presented below.

	As of October
	2012		2011

Current assets	$	25,701	$	22,264
Noncurrent assets		170,226		157,176
Current liabilities		15,597		25,941
Noncurrent liabilities		-		-

	Year Ended October
	2012		2011		2010

Net sales	$	84,216	$	79,766	$	63,161
Gross profit		1,799		2,649		1,976
Net income		831		6,691		540

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

12 Months Ended

Oct. 28, 2012

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

NOTE 6 - DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

The Company utilizes derivative instruments to reduce its exposure to the effects of the variability of interest rates and foreign currencies on its financial performance when it believes such action is warranted. Historically, the Company has been a party to derivative instruments to hedge either the variability of cash flows of a prospective transaction or the fair value of a recorded asset or liability. In certain instances, the Company has designated these transactions as hedging instruments. However, whether or not a derivative was designated as being a hedging instrument, the Company's purpose for engaging in the derivative has always been for risk management (and not speculative) purposes. The Company has historically not been a party to a significant number of derivative instruments and does not expect its derivative activity to significantly increase in the foreseeable future.

In addition to the utilization of derivative instruments discussed above, the Company attempts to minimize its risk of foreign currency exchange rate variability by, whenever possible, procuring production materials within the same country that it will utilize the materials in manufacturing and, by selling to customers from manufacturing sites within the country in which the customers are located.

In May 2009, in connection with an amendment to its credit facility, the Company issued 2.1 million warrants, each exercisable for one share of the Company's common stock at an exercise price of $0.01 per share. Forty percent of the warrants were exercisable upon issuance, and the remaining balance was to become exercisable in twenty percent increments at various points in time after October 31, 2009. As a result of certain net cash settleable put provisions within the warrant agreement, the warrants were recorded as a liability in the Company's consolidated balance sheet. As of the issuance date and for future periods that such warrants remained outstanding, the Company had adjusted the liability based upon the current fair value of the warrants, with any changes in their fair value being recognized in earnings. Due to the warrants' exercise price of $0.01 per share, their fair value approximated the market price of the Company's common stock. Approximately 1.2 million of these warrants were cancelled as a result of the Company's early repayment of certain amounts under its credit facility during the year ended November 1, 2009, and the associated liability was reduced accordingly. All of the 0.2 million of these warrants that remained outstanding were exercised in fiscal 2012. See Note 8 for disclosures related to other common stock warrants.

A portion of an existing loss on a cash flow hedge, in the amount of $0.1 million, is expected to be reclassified into earnings over the next twelve months.

The table below presents the effect of derivative instruments on the Company's consolidated balance sheets at October 28, 2012 and October 30, 2011.

		Fair Value at
Derivatives Not Designated
as Hedging Instruments		October 28,	October 30,
Under ASC 815	Balance Sheet Location	2012	2011

Warrants on common stock	Other liabilities	-	$1,147

The table below presents the effect of derivative instruments on the Company's consolidated statements of income for the years ended October 28, 2012, October 30, 2011 and October 31, 2010.

		Amount of Gain (Loss) Recognized Related to Derivative Instruments
		Year Ended
Derivatives Not Designated as Hedging Instruments Under ASC 815	Location of Gain (Loss) Recognized Related to Derivative Instruments	October 28, 2012		October 30, 2011			October 31, 2010

Warrants on common stock	Interest and other income (expense), net	$	94	$	(424	)	$	(916	)

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

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+ Details

LONG-TERM BORROWINGS

12 Months Ended

Oct. 28, 2012

LONG-TERM BORROWINGS [Abstract]

LONG-TERM BORROWINGS

NOTE 7 - LONG-TERM BORROWINGS

Long-term borrowings consist of the following:

	October 28, 2012		October 30, 2011

3.25% convertible senior notes due on April 1, 2016	$	115,000	$	115,000

Term loan, which bears interest at a variable rate, as defined (2.5% at October 28, 2012), and matures March 1, 2017		23,750		-

5.50% convertible senior notes due on October 1, 2014		22,054		22,054

3.09% capital lease obligation payable through March 2016		15,175		19,218

4.75% financing loan with customer		758		1,888

		176,737		158,160
Less current portion		7,781		5,583
	$	168,956	$	152,577

As of October 28, 2012, long-term borrowings, excluding capital lease obligations, mature as follows: $3,258, $24,554, $2,500, $117,500 and $13,750 in fiscal years 2013, 2014, 2015, 2016 and 2017 respectively. The maturity date for the 4.75% financing loan with a customer is dependent upon the timing of photomasks shipped to that customer. The Company currently estimates that the loan will be fully repaid in fiscal 2013, and has reflected that estimate in the yearly maturity amounts presented above.

As of October 28, 2012, minimum lease payments under the Company's capital lease obligation were as follows:

Fiscal Years:

2013	$	4,962
2014		4,580
2015		4,580
2016		1,907
		16,029
Less interest		854
Net minimum lease payments under capital leases		15,175
Less current portion of net minimum lease payments		4,523
Long-term portion of minimum lease payments	$	10,652

In March 2012 the Company, in connection with its purchase of the U.S. nanoFab facility (see Note 4 for further discussion), amended its credit facility ("the credit facility") to include the addition of a $25 million term loan maturing in March 2017 with minimum quarterly principal payments of $0.6 million (quarterly payments commenced in June 2012 and are based on a ten year repayment period). The amendment also included a twenty-five basis point reduction in the interest rate charged on any borrowings under the credit facility.

In March 2011 the Company amended its credit facility which, as amended, included, among other things: i) a reduction of the aggregate commitments of the lenders from $65 million to $30 million; ii) a reduction of the applicable interest rates and modifications of the leverage ratios related thereto; iii) an extension of the maturity date to April 30, 2015; iv) an increase in the permitted amount of certain financed capital assets up to $75 million outstanding at any one time; v) an allowance to issue the 3.25% convertible senior notes (discussed below); vi) an increase in the investments "basket" from $15 million to $25 million per year; vii) an allowance to repurchase the 5.5% convertible senior notes and other indebtedness; and viii) removal of the limitation on maximum last twelve months capital expenditures.

The credit facility bears interest (2.50% at October 28, 2012), based on the Company's total leverage ratio, at LIBOR plus a spread, as defined in the credit facility. The credit facility is secured by substantially all of the Company's assets located in the United States, as well as common stock the Company owns in certain of its foreign subsidiaries, and is subject to the following financial covenants: minimum fixed charge ratio, total leverage ratio and minimum unrestricted cash balance. As of October 28, 2012, the Company was in compliance with the covenants of its credit facility, had no outstanding borrowings under the credit facility and $30 million was available for borrowing.

In March 2011 the Company issued through a private offering pursuant to Rule 144A under the Securities Act of 1933, as amended, $115 million aggregate principal amount of 3.25% convertible senior notes. The notes mature on April 1, 2016, and note holders may convert each $1,000 principal amount of notes to 96.3879 shares of common stock (equivalent to an initial conversion price of $10.37 per share of common stock) at any time prior to the close of business on the second scheduled trading day immediately preceding April 1, 2016. The conversion rate is subject to adjustment upon the occurrence of certain events, which are described in the indenture dated March 28, 2011. The Company is not required to redeem the notes prior to their maturity date. Interest on the notes accrues in arrears, and is paid semiannually through the notes' maturity date. The net proceeds of the notes were approximately $110.7 million, which were used, in part, to acquire $35.4 million of the Company's 5.5% convertible senior notes which were to mature on October 1, 2014, and to repay, in full, its then outstanding obligations under capital leases of $19.8 million.

In June 2011 the Company acquired $5.0 million of its 5.5% convertible senior notes in exchange for 0.7 million shares of its common stock with a fair value of $6.5 million and cash of $3.2 million (the note holders received 147.529 shares and cash of $647 for each $1,000 note). The Company, in connection with this repurchase, recorded an extinguishment loss of $5.0 million, which included the write off of deferred financing fees of $0.3 million. The loss is included in other income (expense) in the Company's consolidated statements of income. In March 2011 the Company acquired $30.4 million of its 5.5% convertible senior notes in exchange for 4.5 million shares of its common stock with a fair value of $39.2 million and cash of $19.7 million (the note holders received 147.529 shares and cash of $647 for each $1,000 note). The Company, in connection with this repurchase, recorded an extinguishment loss of $30.1 million, which included the write off of deferred financing fees of $1.7 million. The loss is included in other income (expense) in the Company's consolidated statements of income.

In September 2009 the Company issued, through a public offering, $57.5 million aggregate principal amount of 5.5% convertible senior notes, which were to mature on October 1, 2014. Under the terms of the offering, the note holders could convert each $1,000 principal amount of notes to 196.7052 shares of common stock (equivalent to an initial conversion price of $5.08 per share of common stock) on, or before, September 30, 2014. The conversion rate is subject to adjustment upon the occurrence of certain events which are described in the indenture dated September 16, 2009. The Company is not required to redeem the notes prior to their maturity. The net proceeds of this offering were approximately $54.9 million, which were used to reduce amounts outstanding under the Company's credit facility. As discussed above, $35.4 million aggregate principal amount of these notes were acquired by the Company during fiscal 2011.

In April 2011 the Company entered into a five year, $21.2 million capital lease for manufacturing equipment. Payments under the lease, which bears interest at 3.09%, are $0.4 million per month through March 2016. The lease agreement provides that the Company must maintain the equipment in good working order, and includes a cross default with cross acceleration provision related to certain non-financial covenants incorporated in the Company's credit facility agreement. As of October 28, 2012, the total amount payable through the end of the lease term was $16.0 million, of which $15.2 million represented principal and $0.8 million represented interest.

In January 2010 the Company borrowed $3.7 million from a customer to purchase manufacturing equipment. This loan bears interest at 4.75% and is primarily being repaid with product supplied to the customer. Product valued at $1.0 million and $1.1 million was shipped to the customer and applied against the loan during fiscal 2012 and 2011, respectively. The Company estimates that the loan will be fully repaid in fiscal 2013.

Interest payments were $6.3 million, $9.7 million and $7.8 million in fiscal 2012, 2011 and 2010, respectively, including deferred financing cost payments of $0.2 million, $4.3 million and $1.3 million in fiscal 2012, 2011 and 2010, respectively.

COMMON STOCK WARRANTS	12 Months Ended
COMMON STOCK WARRANTS	Oct. 28, 2012
COMMON STOCK WARRANTS [Abstract]
COMMON STOCK WARRANTS	NOTE 8 - COMMON STOCK WARRANTS In September 2009 the Company entered into two warrant agreements with Intel Capital Corporation to purchase a total of 750,000 shares of the Company's common stock. Under one warrant agreement 500,000 shares of the Company's common stock can be purchased at an exercise price of $4.15 per share and under the second warrant agreement 250,000 shares of the Company's common stock can be purchased at an exercise price of $5.08 per share. The warrant agreements expire in September 2014. Also in September 2009, the Company and Intel Corporation entered into an agreement to share technical and operations information regarding the development of the Company's products, the capabilities of the Company's photomask manufacturing lines and the alignment of photomask toolsets. Intel Capital Corporation also invested in the Company's convertible debt offering of September 2009. The warrants were recorded at their fair value on their date of grant, which was determined using the Black-Scholes option pricing model. As of October 28, 2012, none of the warrants issued to Intel Capital Corporation had been exercised. In conjunction with a May 2009 amendment to its credit facility, the Company also entered into a warrant agreement with its lenders. See Note 6 for further discussion of these warrants.

OPERATING LEASES

12 Months Ended

Oct. 28, 2012

OPERATING LEASES [Abstract]

OPERATING LEASES

NOTE 9 - OPERATING LEASES

The Company leases various real estate and equipment under non-cancelable operating leases, for which rental expense was $2.7 million in fiscal year 2012, and $2.9 million in fiscal years 2011 and 2010. As discussed in Note 4, in fiscal 2009 the Company entered into a new lease agreement for the U.S. nanoFab, under which the lease was being accounted for as a capital lease through December 31, 2012 (the end date of its original lease term), and, thereafter, was to be accounted for as an operating lease through its expiration on December 31, 2014. In fiscal 2011 the Company paid this capital lease obligation in full with a portion of the net proceeds of the March 2011 issuance of its 3.25% convertible senior notes, and in fiscal 2012 the Company paid the lessor $35 million in connection with its purchase of the U.S. nanoFab, which reduced the Company's outstanding operating lease commitments by a total of $15 million for fiscal years 2013 and 2014.

At October 28, 2012, future minimum lease payments under non-cancelable operating leases with initial terms in excess of one year are as follows:

2013	$	1,513
2014		793
2015		596
2016		508
2017		336
Thereafter		556
	$	4,302

See Note 7 for disclosures related to the Company's capital lease obligations.

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References+ Details

SHARE-BASED COMPENSATION

12 Months Ended

Oct. 28, 2012

SHARE-BASED COMPENSATION [Abstract]

SHARE-BASED COMPENSATION

NOTE 10 – SHARE-BASED COMPENSATION

In March 2007 the Company's shareholders approved a new share-based compensation plan ("Plan"), under which options, restricted stock, restricted stock units, stock appreciation rights, performance stock, performance units, and other awards based on, or related to, shares of the Company's common stock may be granted from shares authorized but unissued or shares previously issued and reacquired by the Company. A maximum of six million shares of common stock may be issued under the plan. Awards may be granted to officers, employees, directors, consultants, advisors, and independent contractors of the Company or its subsidiaries. In the event of a change in control (as defined in the Plan), the vesting of awards may be accelerated. The Plan, aspects of which are more fully described below, prohibits further awards from being issued under prior plans. The Company incurred total share-based compensation cost of $3.2 million, $2.5 million and $1.9 million in fiscal years 2012, 2011 and 2010, respectively. No share-based compensation cost was capitalized as part of an asset and no related income tax benefits were recorded during the fiscal years presented.

Stock Options

Option awards generally vest in one to four years, and have a ten year contractual term. All incentive and non-qualified stock option grants must have an exercise price no less than the market value of the underlying common stock on the date of grant. The grant date fair values of options are based on the closing prices of the Company's common stock on the date of grant using the Black-Scholes option pricing model. Expected volatility is based on the historical volatility of the Company's stock. The Company uses historical option exercise behavior and employee termination data to estimate expected term, which represents the period of time that the options granted are expected to remain outstanding. The risk-free rate of return for the estimated term of the option is based on the U.S. Treasury yield curve in effect at the date of grant. The weighted-average inputs and risk-free rate of return ranges used to calculate the grant date fair values of options issued during fiscal years 2012, 2011 and 2010 are presented in the following table:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010

Expected volatility		102.1	%		98.7	%		89.9	%

Risk-free rate of return		0.6 – 0.9	%		0.7 – 1.9	%		1.5 – 2.4	%

Dividend yield		0.0	%		0.0	%		0.0	%

Expected term	4.3 years			4.2 years			4.4 years

A summary of option activity under the Plan as of October 28, 2012, and changes during the year then ended is presented as follows:

Options	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life	Aggregate Intrinsic Value

Outstanding at October 30, 2011		4,033,916		$	9.28
Granted		556,500			6.25
Exercised		(225,586	)		1.31
Cancelled and forfeited		(365,528	)		19.90
Outstanding at October 28, 2012		3,999,302		$	8.34	6.0 years	$	3,322
Exercisable at October 28, 2012		2,280,946		$	10.93	4.6 years	$	1,882
Expected to vest as of October 28, 2012		1,535,411		$	4.83	7.8 years	$	1,367

The weighted-average grant date fair value of options granted during fiscal years 2012, 2011 and 2010 were $4.47, $4.75 and $2.98, respectively. The total intrinsic value of options exercised during fiscal years 2012, 2011 and 2010 was $1.3 million, $2.1 million and $0.4 million, respectively.

The Company received cash from option exercises of $0.3 million, $0.4 million and $0.1 million in fiscal years 2012, 2011 and 2010, respectively. As of October 28, 2012, the total unrecognized compensation cost of unvested option awards was approximately $3.9 million. That cost is expected to be recognized over a weighted-average amortization period of 2.4 years.

Restricted Stock

The Company periodically grants restricted stock awards. The restrictions on these awards lapse over a service period that has ranged from less-than-one to eight years. The weighted-average grant date fair values of restricted stock awards issued during fiscal years 2012 and 2011 were $6.28 and $6.71, respectively. No restricted stock awards were granted during fiscal 2010. The total fair value of awards for which restrictions lapsed was $0.5 million, $0.5 million and $0.4 million during fiscal years 2012, 2011 and 2010 respectively. As of October 28, 2012, the total compensation cost for restricted stock awards not yet recognized was approximately $1.4 million. That cost is expected to be recognized over a weighted-average amortization period of 2.3 years. A summary of the status of the Company's outstanding restricted stock awards as of October 28, 2012, is presented below:

Restricted Stock	Shares			Weighted- Average Fair Value at Grant Date

Outstanding at October 30, 2011		191,827		$	9.37
Granted		168,750			6.28
Vested		(108,263	)		8.77
Outstanding at October 28, 2012		252,314		$	7.56
Expected to vest as of October 28, 2012		226,477		$	7.41

Employee Stock Purchase Plan

The Company's Employee Stock Purchase Plan ("ESPP") permits employees to purchase shares at 85% of the lower of the fair market value at the commencement of the offering or the last day of the payroll payment period. The maximum number of shares of common stock approved by the Company's shareholders to be purchased under the ESPP was increased from 0.9 million shares to 1.2 million shares during fiscal 2010. The vesting period for shares purchased under the ESPP is approximately one year. Under the ESPP, approximately 1.1 million shares had been issued through October 28, 2012, and approximately 78,000 shares are subject to outstanding subscriptions. As of October 28, 2012, the total compensation cost related to the ESPP not yet recognized was $0.1 million, which is expected to be recognized in fiscal 2013.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

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-Topic 505

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-Paragraph 1

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-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64, 65, A240

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-Name Accounting Standards Codification

-Topic 718

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-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

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-Publisher AICPA

-Name Statement of Position (SOP)

-Number 93-6

-Paragraph 53

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

EMPLOYEE RETIREMENT PLANS	12 Months Ended
EMPLOYEE RETIREMENT PLANS	Oct. 28, 2012
EMPLOYEE RETIREMENT PLANS [Abstract]
EMPLOYEE RETIREMENT PLANS	NOTE 11 - EMPLOYEE RETIREMENT PLANS The Company maintains a 401(k) Savings and Profit Sharing Plan ("401(k) Plan") which covers all full-time domestic employees who have completed three months of service and are 18 years of age or older. Under the terms of the 401(k) Plan, employees may contribute up to 50% of their salary, subject to certain maximum amounts, which will be matched by the Company at 50% of the employee's contributions that are not in excess of 4% of the employee's compensation. Employee and employer contributions vest upon contribution. Employer contributions amounted to $0.4 million in fiscal years 2012, 2011 and 2010. The Company's international subsidiaries maintain retirement plans for their employees, which vary by country. The obligations and cost of these plans are not significant to the Company's consolidated financial statements.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

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-Publisher FASB

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-Publisher FASB

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-Name Statement of Financial Accounting Standard (FAS)

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-Name Statement of Financial Accounting Standard (FAS)

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-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

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-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 30

-Paragraph 26

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+ Details

CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES (CREDITS)

12 Months Ended

Oct. 28, 2012

CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES (CREDITS) [Abstract]

CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES (CREDITS)

NOTE 12 - CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES (CREDITS)

Singapore facility

In the first quarter of fiscal 2012 the Company ceased the manufacture of photomasks at its Singapore facility and, in connection therewith, recorded charges of $1.4 million during fiscal 2012. This restructuring, which was comprised primarily of employee termination costs, was substantially completed in fiscal 2012. The following table sets forth the Company's restructuring reserve primarily related to its Singapore facility as of October 28, 2012, and reflects the activity affecting the reserve for the year then ended.

	Year Ended October 28, 2012
	October 31, 2011		Charges		Utilized			October 28, 2012

Employee terminations and other	$	-	$	1,166	$	(871	)	$	295

Asset write-downs		-		262		(262	)		-

	$	-	$	1,428	$	(1,133	)	$	295

Shanghai, China, Facility

In the third quarter of fiscal 2009, the Company ceased the manufacture of photomasks at its Shanghai, China, facility. Net restructuring credits of $5.0 million in 2010 primarily relate to the sale of the Company's Shanghai, China, manufacturing facility. In 2009 the carrying value of this facility was written down to its estimated fair value at that time, and in 2010 the facility was sold for net proceeds of $12.9 million, which exceeded its carrying value and resulted in a gain of $5.4 million that was recorded as a credit to the restructuring reserve.

The following table sets forth the Company's restructuring reserve as of October 31, 2010 related to its Shanghai, China, facility, and reflects the activity affecting the reserve for the year then ended.

	Year Ended October 31, 2010
	November 2, 2009		Charges (Credits)			Utilized			October 31, 2010

Net gain on sales of assets	$	-	$	(5,189	)	$	5,189		$	-

Employee terminations and other		134		210			(344	)		-
	$	134	$	(4,979	)	$	4,845		$	-

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details

INCOME TAXES

12 Months Ended

Oct. 28, 2012

INCOME TAXES [Abstract]

INCOME TAXES

NOTE 13 - INCOME TAXES

The income before income tax provision consists of the following:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010

United States	$	(5,474	)	$	(20,396	)	$	(27,507	)
Foreign		46,122			56,295			60,060
	$	40,648		$	35,899		$	32,553

The income tax provision consists of the following:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010
Current:
Federal	$	81		$	291		$	-
State		(5	)		74			-
Foreign		11,332			15,550			7,303

Deferred:
Federal		-			-			-
State		-			-			-
Foreign		(615	)		(224	)		168
Total	$	10,793		$	15,691		$	7,471

The income tax provision differs from the amount computed by applying the statutory U.S. federal income tax rate to the income before income taxes as a result of the following:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010
U.S. federal income tax at statutory rate	$	14,227		$	12,564		$	11,393
Changes in valuation allowances		1,806			(8,334	)		9,693
Distributions from foreign subsidiaries		2,073			1,925			1,750
State income taxes, net of federal benefit		(1,956	)		503			(1,270	)
Foreign tax rate differentials		(3,805	)		(4,467	)		(6,381	)
Tax credits		(1,071	)		(522	)		(2,954	)
Uncertain tax positions, including reserves, settlements and resolutions		1,984			1,499			93
Debt extinguishment losses		(2,879	)		11,942			-
Shanghai, China operations closure		-			-			(6,127	)
Other, net		414			581			1,274
	$	10,793		$	15,691		$	7,471

The effective tax rate differs from the U.S. statutory rate of 35% in fiscal year 2012 primarily due to a higher level of earnings being taxed at lower statutory rates in foreign jurisdictions combined with the benefit of various investment credits in certain foreign jurisdictions. The effective tax rate differs from the U.S. statutory rate of 35% in fiscal year 2011 primarily due to the impact of the non-deductible debt extinguishment losses related to the Company's acquisition of a portion of its 5.5% convertible senior notes and the impact of a foreign subsidiary tax settlement offset by a higher level of earnings taxed at lower statutory rates in foreign jurisdictions.

The Company's operations in Shanghai, China, were closed in the fiscal year ended October 31, 2010. The Company recognized a $10.5 million U.S. tax benefit as a result of the investment writedown. In China, additional income was recognized as a result of asset sales and intercompany loan settlements and the related China income tax liability was offset by accumulated net operating losses. As a result of the closure, the Company wrote off its Shanghai, China, subsidiary's deferred tax asset of $4.4 million, which arose as a result of unused operating losses. The deferred tax asset written off had been offset in its entirety by a valuation allowance.

The net deferred income tax assets consist of the following:

	October 28, 2012			October 30, 2011
Deferred income tax assets:
Reserves not currently deductible	$	6,382		$	5,889
Net operating losses		56,252			51,991
Alternative minimum tax credits		3,116			3,217
Tax credit carryforwards		4,785			5,410
Future lease obligation		-			3,108
Other		2,634			3,359
		73,169			72,974
Valuation allowances		(55,536	)		(53,063	)
		17,633			19,911
Deferred income tax liabilities:
Property, plant and equipment		(604	)		(2,744	)
Undistributed earnings of foreign subsidiaries		(4,575	)		(4,417	)
Investments		(170	)		(1,203	)
Other		(351	)		(481	)
		(5,700	)		(8,845	)
Net deferred income tax assets	$	11,933		$	11,066
Reported as:
Current deferred tax assets	$	1,199		$	609
Long-term deferred tax assets		11,395			11,239
Accrued liabilities		-			(45	)
Long-term deferred tax liabilities		(661	)		(737	)
	$	11,933		$	11,066

Unrecognized tax benefits associated with uncertain tax positions were $3.9 million at October 28, 2012, of which $1.9 million is recorded in other liabilities in the consolidated balance sheet, and $2.0 million is recorded as a reduction to deferred tax assets and the related valuation allowance, and were $1.9 million at October 30, 2011, of which $0.5 million was recorded in income taxes payable and $1.4 million in other liabilities in the consolidated balance sheet. If recognized, $1.9 million of the benefits would favorably affect the Company's effective tax rate in future periods. Included in these amounts for both fiscal years 2012 and 2011 was $0.1 million for interest and penalties. The Company includes any applicable interest and penalties related to uncertain tax positions in its income tax provision. As of October 28, 2012, the Company believes it is not reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease in the next twelve months. Currently, the statutes of limitations remain open in various jurisdictions subsequent to, and including, 2007.

A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, is as follows:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010
Balance at beginning of year	$	1,824		$	1,676		$	1,573

Additions (reductions) for tax positions in prior years		1,932			709			(351	)

Additions based on current year tax positions		616			502			454

Settlements		(518	)		(1,063	)		-

Lapses of statutes of limitations		(61	)		-			-
Balance at end of year	$	3,793		$	1,824		$	1,676

As of October 28, 2012, the Company had available U.S. Federal tax operating loss carryforwards of approximately $120.3 million which expire between 2020 and 2032, and research and development tax credit carryforwards of approximately $3.1 million which expire between 2018 and 2029. As of October 28, 2012, the Company also has U.S. state tax operating loss carryforwards of approximately $190.4 million and foreign tax operating loss carryforwards of approximately $40.2 million which expire between 2013 and 2032 with the exception of $0.4 million that have an indefinite life.

The Company has established a valuation allowance for a portion of its deferred tax assets because it believes, based on the weight of all available evidence, that it is more likely than not that a portion of its net operating loss carryforwards may expire prior to utilization. The valuation allowance increased (decreased) by $2.5 million, $(8.2) million and $10.9 million in fiscal years 2012, 2011 and 2010, respectively.

As of October 28, 2012, the Company had $3.1 million of alternative minimum tax credit carryforwards that are available to offset future federal income taxes payable. The Company also has state tax credits available of $2.6 million which, if they are not utilized, will begin to expire in 2013.

As of October 28, 2012, the undistributed earnings of foreign subsidiaries included in consolidated retained earnings amounted to $104.8 million, of which $13.2 million of earnings is considered not to be permanently reinvested. The amount of undistributed earnings is calculated taking into account the net amount of earnings of the Company's foreign subsidiaries, considering its multi-tier subsidiary structure, and translating those earnings into U.S. dollars using exchange rates in effect as of the balance sheet date. During fiscal year 2008 a decision was made to not indefinitely reinvest earnings in certain foreign jurisdictions. No provision has been made for taxes due on the remaining undistributed earnings of $91.6 million considered to be indefinitely invested. Should the Company elect in the future to repatriate the foreign earnings so invested, it may incur additional income tax expense on those foreign earnings, the amount of which is not practicable to compute.

PKLT, the Company's FPD manufacturing facility in Taiwan, has been accorded a tax holiday, which started in 2012 and expires in 2017. In addition, the Company had been accorded a tax holiday in China which expired in 2011. These tax holidays had no dollar or per share effect in the fiscal years ended October 28, 2012, October 30, 2011 and October 31, 2010. In Korea and at Photronics Semiconductor Mask Corporation (PSMC) in Taiwan, various investment tax credits have been earned to reduce the Company's effective income tax rate.

Income tax payments were $ 14.3 million, $10.4 million and $8.9 million in fiscal 2012, 2011 and 2010, respectively. Cash received for refunds of income taxes paid in prior years amounted to $0.1 million, $0.2 million and $0.1 million in fiscal years 2012, 2011 and 2010, respectively.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

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-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

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-Paragraph 3

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 43, 44, 45, 46, 47, 48, 49

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+ Details

EARNINGS PER SHARE

12 Months Ended

Oct. 28, 2012

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

NOTE 14 - EARNINGS PER SHARE

The calculation of basic and diluted earnings per share is presented as follows:

	Year Ended
	October 28, 2012			October 30, 2011		October 31, 2010

Net income attributable to Photronics, Inc. shareholders	$	27,868		$	16,229	$	23,922
Effect of dilutive securities:
Interest expense on convertible notes, net of related tax effects		6,168			-		4,085
Gain related to common stock warrants fair value adjustment		(94	)		-		-
Earnings for diluted earnings per share	$	33,942		$	16,229	$	28,007
Weighted-average common shares computations:
Weighted-average common shares used for basic earnings per share		60,055			57,030		53,433
Effect of dilutive securities:
Share-based payment awards		767			1,145		996
Common stock warrants		219			283		63
Convertible notes		15,423			-		11,311
Dilutive potential common shares		16,409			1,428		12,370
Weighted-average common shares used for diluted earnings per share		76,464			58,458		65,803

Basic earnings per share	$	0.46		$	0.28	$	0.45
Diluted earnings per share	$	0.44		$	0.28	$	0.43

The table below shows the outstanding weighted-average share-based payment awards and common stock warrants that were excluded from the calculation of diluted earnings per share because their exercise price exceeded the average market value of the common shares for the period or, under application of the treasury stock method, they were otherwise determined to be antidilutive. The table also shows convertible notes that, if converted, would have been antidilutive.

	Year Ended
	October 28, 2012		October 30, 2011		October 31, 2010

Share based payment awards		2,587		2,407		2,684
Convertible notes		-		13,994		-
Common stock warrants		-		213		745
Total potentially dilutive shares excluded		2,587		16,614		3,429

In the first quarter of fiscal year 2013, the Company awarded approximately 0.5 million shared-based payment awards to its employees and directors.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

SUBSIDIARY SHARE REPURCHASE

12 Months Ended

Oct. 28, 2012

SUBSIDIARY SHARE REPURCHASE [Abstract]

SUBSIDIARY SHARE REPURCHASE

NOTE 15 – SUBSIDIARY SHARE REPURCHASE

Since the second quarter of fiscal 2011, the board of directors of PSMC, a subsidiary of the Company based in Taiwan, authorized several share repurchase programs for PSMC to purchase for retirement shares of its outstanding common stock. During fiscal 2012 and 2011, PSMC purchased 35.9 million and 21.6 million shares, respectively, at a cost of $15.6 million and $9.9 million, respectively. These repurchase programs increased the Company's ownership in PSMC from 57.53% at October 31, 2010, to 62.25% at October 30, 2011, and to 72.09% at October 28, 2012.

The table below presents the effect of the change in the Company's ownership interest in PSMC on the Company's equity for fiscal years 2012 (35.9 million shares of common stock of PSMC repurchased), 2011 (21.6 million shares of PSMC stock repurchased) and 2010 (no shares of PSMC common stock repurchased).

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010

Net income attributable to Photronics, Inc. shareholders	$	27,868		$	16,229		$	23,922

Increase (decrease) in Photronics, Inc.'s additional paid-in capital		1,985			(201	)		-

Decrease in Photronics, Inc.'s accumulated other comprehensive income		(78	)		-			-
Change from net income attributable to Photronics, Inc. shareholders and transfers to or from noncontrolling interests	$	29,775		$	16,028		$	23,922

Subsequent to fiscal year 2012, PSMC completed its most recent share repurchase program in November 2012 with the repurchase of an additional 9.2 million shares for $4.2 million, which increased the Company's ownership in PSMC to 75.11%.

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

+ References+ Details

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Oct. 28, 2012
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 16 - COMMITMENTS AND CONTINGENCIES At October 28, 2012, the Company had outstanding purchase commitments of $100 million, which included $91 million related to capital expenditures, and had recorded liabilities for the purchase of equipment of $7 million. See Note 9 for operating lease commitments. The Company is subject to various claims that arise in the ordinary course of business. The Company believes such claims, individually or in the aggregate, will not have a material effect on its consolidated financial statements.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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+ Details

GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION

12 Months Ended

Oct. 28, 2012

GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION [Abstract]

GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION

NOTE 17 - GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION

The Company operates as a single operating segment as a manufacturer of photomasks, which are high precision quartz plates containing microscopic images of electronic circuits for use in the fabrication of IC's and FPDs. Geographic net sales are based primarily on where the Company's manufacturing facility is located. The Company's 2012, 2011 and 2010 net sales by geographic area and for ICs and FPDs, and total long-lived assets by geographic area were as follows:

	Year Ended
	October 28, 2012		October 30, 2011		October 31, 2010
Net sales
Korea	$	161,154	$	171,327	$	143,371
United States		135,170		158,005		123,753
Taiwan		109,232		122,070		101,189
Europe		40,653		46,613		41,850
All other		4,230		14,005		15,391
	$	450,439	$	512,020	$	425,554

IC	$	350,105	$	391,158	$	329,767
FPD		100,334		120,862		95,787
	$	450,439	$	512,020	$	425,554

	October 28, 2012		October 30, 2011		October 31, 2010
Long-lived assets
United States	$	177,614	$	159,845	$	134,349
Korea		120,628		119,855		131,802
Taiwan		72,185		77,367		88,323
Europe		10,262		10,879		14,182
All other		119		734		1,158
	$	380,808	$	368,680	$	369,814

Samsung Electronics Co., Ltd. accounted for approximately 22%, 20% and 19% of the Company's net sales in fiscal years 2012, 2011 and 2010, respectively.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

CONCENTRATIONS OF CREDIT RISK	12 Months Ended
CONCENTRATIONS OF CREDIT RISK	Oct. 28, 2012
CONCENTRATIONS OF CREDIT RISK [Abstract]
CONCENTRATIONS OF CREDIT RISK	NOTE 18 – CONCENTRATIONS OF CREDIT RISK Financial instruments that potentially subject the Company to credit risk principally consist of trade accounts receivables and temporary cash investments. The Company sells its products primarily to manufacturers in the semiconductor and FPD industries in North America, Europe and Asia. The Company believes that the concentration of credit risk in its trade receivables is substantially mitigated by the Company's ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company establishes an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information. The Company's cash and cash equivalents are deposited in several financial institutions, including institutions located within all of the countries in which it manufactures photomasks. Portions of deposits in some of these institutions may exceed the amount of insurance available for such deposits at these institutions. As these deposits are generally redeemable upon demand and are held by high quality, reputable institutions, the Company considers them to bear minimal credit risk. The Company further mitigates credit risks related to its cash and cash equivalents by spreading such risk among a number of institutions.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15A

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-Name Statement of Position (SOP)

-Number 94-6

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+ Details

OTHER RELATED PARTY TRANSACTIONS	12 Months Ended
OTHER RELATED PARTY TRANSACTIONS	Oct. 28, 2012
OTHER RELATED PARTY TRANSACTIONS [Abstract]
OTHER RELATED PARTY TRANSACTIONS	NOTE 19 - OTHER RELATED PARTY TRANSACTIONS The chairman of the board and chief executive officer of the Company is also the vice chairman of the board and majority shareholder of a company that provides secure managed information technology services to Photronics. Another director of the Company is also a shareholder, chief executive officer and executive chairman of the board of this company. Since 2002, the Company has entered into various service contracts with this company to provide services to all of the Company's worldwide facilities. The Company incurred expenses for services provided by this company of $1.8 million, $1.8 million, and $2.6 million in fiscal years 2012, 2011 and 2010, respectively and, as of both October 28, 2012 and October 30, 2011, had outstanding balances of $0.2 million due to this company. As of October 28, 2012, the Company had contracted with this company for various services through June 2015 at a cost of $3.6 million. The Company purchases photomask blanks from a company of which an officer of the Company is a significant shareholder. The Company purchased $20.1 million, $21.4 million and $21.9 million of photomask blanks from this company in 2012, 2011 and 2010, respectively, for which the amount owed to this company was $4.2 million at October 28, 2012, and $2.9 million at October 30, 2011. The Company believes that the terms of its transactions with related parties described above were negotiated at arm's length and were no less favorable to the Company than terms it could have obtained from unrelated third parties. See Note 4 for other related party transactions.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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+ Details

FAIR VALUE MEASUREMENTS

12 Months Ended

Oct. 28, 2012

FAIR VALUE MEASUREMENTS [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 20 - FAIR VALUE MEASUREMENTS

Accounting guidance defines fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date. An "orderly transaction" is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities (i.e. it is not a forced transaction). The transaction to sell the asset or transfer the liability is a hypothetical transaction at the measurement date, considered from the perspective of a market participant that holds the asset or owes the liability. Therefore, the objective of a fair value measurement is to determine the price that would be received to sell the asset or paid to transfer the liability (an exit price) at the measurement date.

A fair value measurement further assumes that the hypothetical transaction occurs in the principal (or if no principal market exists, the most advantageous) market for the asset or liability. Further, a fair value measurement considers the assumptions that would be made by market participants when pricing the asset or liability, such as transfer restrictions (in the case of an asset) or nonperformance risk and, in the case of nonfinancial assets, assumes a transaction involving the highest and best use of the asset.

This guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to unadjusted, quoted market prices in active markets for identical assets or liabilities (including when the liabilities are traded as assets) while giving the lowest priority to unobservable inputs, which are inputs that reflect the Company's assumptions about the factors that market participants would use in valuing assets or liabilities, based upon the best information available under existing circumstances. In cases when the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. When, due to changes in the inputs to valuation techniques used to measure its fair value, an asset or liability is transferred between levels of the fair value hierarchy, the Company recognizes all transfers to or from any level to be as of the beginning of the reporting period. Assessing the significance of a particular input to the fair value measurement in its entirety requires judgment, including the consideration of factors specific to the asset or liability. The hierarchy consists of the following three levels:

Level 1 - Inputs are prices in active markets for identical securities that are accessible at the measurement date.

Level 2 - Inputs other than quoted prices included within Level 1 are observable for the asset or liability, either directly or indirectly. At October 30, 2011, the Company's Level 2 liabilities are certain common stock warrants, which are included in other liabilities.

Level 3 - Inputs are unobservable inputs for the asset or liability.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The tables below present the Company's liabilities as of October 30, 2011, that are measured at fair value on a recurring basis. The Company had no assets or liabilities measured at fair value on a recurring basis as of October 28, 2012.

	October 30, 2011
	Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total

Common stock warrants	$	-	$	1,147	$	-	$	1,147
Total liabilities	$	-	$	1,147	$	-	$	1,147

The fair value of the common stock warrants liability was determined using the Black-Scholes option pricing model. A significant observable input into the model was the market price of the Company's common stock at the measurement date. Gains or losses related to fair value adjustments to the common stock warrants liability are included in other income (expense), net.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

The Company did not have any nonfinancial assets or liabilities measured at fair value on a nonrecurring basis at October 28, 2012 or October 30, 2011.

Fair Value of Other Financial Instruments

The fair values of the Company's cash and cash equivalents (Level 1 measurements), accounts receivable, accounts payable, and certain other current assets and current liabilities (Level 2 measurements) approximate their carrying value due to their short-term maturities. The fair value of the Company's financing loan with a customer is a Level 2 measurement that approximates its carrying value due to its short-term maturity. The fair value of the Company's variable rate term loan is a Level 2 measurement and approximates its carrying value due to the variable nature of the underlying interest rates. The fair value of the Company's convertible senior notes is a Level 2 measurement that is determined using recent bid prices. The table below presents the fair and carrying values of the Company's convertible senior notes at October 28, 2012 and October 30, 2011.

	October 28, 2012				October 30, 2011
	Fair Value		Carrying Value		Fair Value		Carrying Value

3.25% convertible senior notes	$	110,239	$	115,000	$	109,260	$	115,000
5.5% convertible senior notes	$	27,755	$	22,054	$	32,791	$	22,054

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 3, 10, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15C, 15D

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32, 33, 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 21

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44A, 44B

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13504-108611

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15B

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 17-22, 27, 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15A

-Subparagraph a-d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

12 Months Ended

Oct. 28, 2012

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

NOTE 21 - QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following table sets forth certain unaudited quarterly financial data:

	First		Second			Third		Fourth		Year
Fiscal 2012:	(a) (b)		(c)					(d)		(a) (b) (c) (d)

Net sales	$	112,154	$	117,451		$	116,616	$	104,218	$	450,439
Gross margin		25,458		29,861			32,304		24,297		111,920
Net income		4,841		9,530			11,267		4,217		29,855
Net income attributable to Photronics, Inc. shareholders		4,268		8,818			10,950		3,832		27,868

Earnings per share:
Basic	$	0.07	$	0.15		$	0.18	$	0.06	$	0.46
Diluted	$	0.07	$	0.14		$	0.16	$	0.06	$	0.44

Fiscal 2011:	(e)		(f) (g)			(h) (i)		(i)		(j) (k)

Net sales	$	120,823	$	133,103		$	135,935	$	122,159	$	512,020
Gross margin		30,594		36,486			38,240		30,893		136,214
Net income (loss)		13,584		(15,033	)		12,622		9,035		20,208
Net income (loss) attributable to Photronics, Inc. shareholders		12,111		(16,438	)		11,265		9,291		16,229

Earnings (loss) per share:
Basic	$	0.23	$	(0.30	)	$	0.19	$	0.16	$	0.28
Diluted	$	0.20	$	(0.30	)	$	0.16	$	0.14	$	0.28

(a)	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.

(b)	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.

(c)	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.

(d)	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.

(e)	Includes non-cash loss of $0.1 million, net of tax, in connection with subsequent measurement at fair value of warrants issued to purchase the Company's stock.

(f)	Includes debt extinguishment loss of $30.3 million, net of tax, in connection with the acquisition of $30.4 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014.

(g)	Includes non-cash loss of $0.7 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.

(h)	Includes debt extinguishment loss of $5.0 million, net of tax, in connection with the acquisition of $5.0 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014.

(i)	Includes non-cash gain of $0.2 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.

(j)	Includes debt extinguishment loss of $35.3 million, net of tax, in connection with the acquisition of $35.4 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014

(k)	Includes non-cash loss of $0.4 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details

RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
RECENT ACCOUNTING PRONOUNCEMENTS	Oct. 28, 2012
RECENT ACCOUNTING PRONOUNCEMENTS [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 22 - RECENT ACCOUNTING PRONOUNCEMENTS In June 2011, the FASB issued ASU No. 2011-05, Presentation of Comprehensive Income ("ASU 2011-05"). ASU 2011-05 requires companies to present the components of net income and other comprehensive income either as one continuous statement or as two consecutive statements. It eliminates the option to present components of other comprehensive income as part of the statement of changes in stockholders' equity. ASU 2011-05 is effective for interim and annual periods beginning after December 15,2011 and is applied retrospectively. The Company has adopted this update and presented the Consolidated Statements of Comprehensive Income immediately following the Consolidated Statements of lncome. There have been no recent accounting pronouncements whose adoption would affect the Company's financial statements or related disclosures.

Schedule II-Valuation and Qualifying Accounts

12 Months Ended

Oct. 28, 2012

Schedule II-Valuation and Qualifying Accounts [Abstract]

Schedule II-Valuation and Qualifying Accounts

	Schedule II

	Valuation and Qualifying Accounts
	for the Years Ended October 28, 2012, October 30, 2011
	and October 31, 2010
	(in thousands)

	Balance at		Charged to							Balance at
	Beginning of		Costs and							End of
	Year		Expenses			Deductions				Year
Allowance for Doubtful Accounts

Year ended October 28, 2012	$	4,055	$	(203	)	$	50		(a)	$	3,902
Year ended October 30, 2011	$	4,235	$	298		$	(478	)	(a)	$	4,055
Year ended October 31, 2010	$	2,669	$	1,975		$	(409	)	(a)	$	4,235

Deferred Tax Asset Valuation Allowance

Year ended October 28, 2012	$	53,063	$	3,331		$	(858	)	(b)	$	55,536
Year ended October 30, 2011	$	61,303	$	-		$	(8,240	)	(b)	$	53,063
Year ended October 31, 2010	$	50,449	$	20,419		$	(9,565	)	(c)	$	61,303

(a) Uncollectible accounts written off or recovered and impact of foreign currency translation.

(b) Primarily due to utilization of net operating losses and expiration of investment tax credit.

(c) Primarily due to reversal of valuation allowance for Shanghai, China, facility closure and impact of reduced income tax rates in Taiwan.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Oct. 28, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Consolidation	Consolidation The accompanying consolidated financial statements include the accounts of Photronics, Inc. and its majority-owned subsidiaries that the Company controls. All intercompany balances and transactions have been eliminated in consolidation.
Estimates and Assumptions	Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect amounts reported in them. Actual results may differ from such estimates.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company records derivatives in the consolidated balance sheets as assets or liabilities, measured at fair value. The Company does not engage in derivative instruments for speculative purposes. Gains or losses resulting from changes in the values of those derivatives are reflected in earnings, or as accumulated other comprehensive income or loss, a separate component of equity, depending on the use of the derivatives and whether they qualify for hedge accounting. In order to qualify for hedge accounting, among other criteria, a derivative must be a hedge of an interest rate, price, foreign currency exchange rate, or credit risk that is expected to be highly effective at the inception of the hedge, be highly effective in achieving offsetting changes in the fair value or cash flows of the hedged item during the term of the hedge and formally documented at the inception of the hedge. In general, the types of risks the Company has hedged are those related to the variability of future cash flows caused by movements in foreign currency exchange and interest rates. The Company documents its risk management strategy and hedge effectiveness at the inception of, and during the term of, each hedge.
Fiscal Year	Fiscal Year The Company's fiscal year ends on the Sunday closest to October thirty-first, and, as a result, a 53-week year occurs every 5 to 6 years. Fiscal years 2012, 2011 and 2010 each included 52 weeks, while fiscal year 2013 will include 53 weeks.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash and highly liquid investments purchased with an original maturity of 3 months or less. The carrying values of cash equivalents approximate their fair values due to the short-term maturities of these instruments.
Inventories	Inventories Inventories are primarily comprised of raw materials and are stated at the lower of cost, determined under the first-in, first-out ("FIFO") method, or market.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment, except as explained below under "Impairment of Long-Lived Assets," are stated at cost less accumulated depreciation and amortization. Repairs and maintenance, as well as renewals and replacements of a routine nature, are charged to operations as incurred, while those that improve or extend the lives of existing assets are capitalized. Upon sale or other disposition, the cost of the asset and accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in earnings. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the related assets. Buildings and improvements are depreciated over 15 to 40 years, machinery and equipment over 3 to 10 years and, furniture, fixtures and office equipment over 3 to 5 years. Leasehold improvements are amortized over the life of the lease or the estimated useful life of the improvement, whichever is less. Judgment and assumptions are used in establishing estimated useful lives and depreciation periods. The Company also uses judgment and assumptions as it periodically reviews property, plant and equipment for any potential impairment in carrying values whenever events such as a significant industry downturn, plant closures, technological obsolescence, or other change in circumstances indicate that their carrying amounts may not be recoverable.
Intangible Assets	Intangible Assets Intangible assets consist primarily of a technology license agreement, a supply agreement and acquisition-related intangibles. These assets are stated at fair value as of the date acquired less accumulated amortization. Amortization is calculated based on the estimated useful lives of the assets, which range from 3 to 15 years, using the straight-line method or another method that more fairly represents the utilization of the assets. The Company periodically evaluates the remaining useful lives of its intangible assets to determine whether events or circumstances warrant a revision to the remaining periods of amortization. In the event that the estimate of an intangible asset's remaining useful life has changed, the remaining carrying amount of the intangible asset is amortized prospectively over that revised remaining useful life. If it is determined that an intangible asset has an indefinite useful life, that intangible asset would be subject to impairment testing annually or whenever events or circumstances indicate that the carrying value may not, based on future undiscounted cash flows or market factors, be recoverable, and an impairment loss would be recorded in the period so determined. The measurement of the impairment loss would be based on the fair value of the intangible asset.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability is based on the Company's judgment and estimates of undiscounted future cash flows resulting from the use of the assets and their eventual disposition. Measurement of an impairment loss for long-lived assets that management expects to hold and use is based on the fair value of the assets. The carrying values of assets determined to be impaired are reduced to their estimated fair values. Fair values of any impaired assets would generally be determined using a market or income approach.
Investments in Joint Ventures	Investments in Joint Ventures Investments in joint ventures over which the Company has the ability to exercise significant influence and that, in general, are at least 20 percent owned are stated at cost plus equity in undistributed net income (loss) of the joint venture. An impairment loss would be recognized whenever a decrease in the fair value of such an investment below its carrying amount is determined to be other than temporary. In judging "other than temporary," the Company would consider the length of time and the extent to which the fair value of the investment has been less than the carrying amount of the investment, the near-term and longer-term operating and financial prospects of the investee, and the Company's longer-term intent of retaining its investment in the investee.
Variable Interest Entities	Variable Interest Entities The Company accounts for the investments it makes in certain legal entities in which equity investors do not have 1) sufficient equity at risk for the legal entity to finance its activities without additional subordinated financial support or, 2) as a group, the holders of the equity investment at risk do not have either the power, through voting or similar rights, to direct the activities of the legal entity that most significantly impact the entity's economic performance or, 3) the obligation to absorb the expected losses of the legal entity or the right to receive expected residual returns of the legal entity. These certain legal entities are referred to as "variable interest entities", or "VIEs". The Company would consolidate the results of any such entity in which it determined that it had a controlling financial interest. The Company would have a "controlling financial interest" in such an entity if the Company had both the power to direct the activities that most significantly affect the VIE's economic performance and the obligation to absorb the losses of, or right to receive benefits from, the VIE that could be potentially significant to the VIE. On a quarterly basis, the Company reassesses whether it has a controlling financial interest in any investments it has in these certain legal entities.
Income Taxes	Income Taxes The income tax provision is computed on the basis of the various tax jurisdictions' income or loss before income taxes. Deferred income taxes reflect the tax effects of differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes, as well as the tax effects of net operating losses and tax credit carryforwards. The Company uses judgment and assumptions to determine if valuation allowances for deferred income tax assets are required, if their realization is not more likely than not, by considering future market growth, forecasted operations, future taxable income, and the mix of earnings in the tax jurisdictions in which it operates. The Company considers income taxes in each of the tax jurisdictions in which it operates in order to determine its effective income tax rate. Current income tax exposure is identified and temporary differences resulting from differing treatments of items for tax and financial reporting purposes are assessed. These differences result in deferred tax assets and liabilities, which are included in the Company's consolidated balance sheets. Additionally, the Company evaluates the potential realization of deferred income tax assets from future taxable income and establishes valuation allowances if their realization is deemed not more likely than not. Accordingly, income taxes charged against earnings may have been impacted by changes in the valuation allowance. Significant management estimates and judgment are required in determining any valuation allowances recorded against net deferred tax assets.
Uncertain Tax Positions	The Company accounts for uncertain tax positions by recording a liability for unrecognized tax benefits resulting from uncertain tax positions taken, or expected to be taken, in its tax returns. The Company includes any applicable interest and penalties related to uncertain tax positions in its income tax provision.
Earnings Per Share	Earnings Per Share Basic earnings per share ("EPS") is based on the weighted-average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution that could occur if certain share-based payment awards or financial instruments were exercised, earned or converted.
Share-Based Compensation	Share-Based Compensation The Company recognizes share-based compensation expense over the service period that the awards are expected to vest. Share-based compensation expense includes the estimated effects of forfeitures, which are adjusted over the requisite service period to the extent actual forfeitures differ, or are expected to differ, from such estimates. Changes in estimated forfeitures are recognized in the period of change and will also impact the amount of expense to be recognized in future periods. Determining the appropriate option pricing model, calculating the grant date fair value of share-based awards and estimating forfeiture rates requires considerable judgment, including the estimations of stock price volatility and the expected term of options granted. The Company uses the Black-Scholes option pricing model to value employee stock options. The Company estimates stock price volatility based on daily averages of its historical volatility over a term approximately equal to the estimated time period the grant will remain outstanding. The expected term of options and forfeiture rate assumptions are derived from historical data.
Research and Development	Research and Development Research and development costs are expensed as incurred, and consist primarily of global development efforts related to high-end process technologies for advanced sub-wavelength reticle solutions for IC photomask technologies. Research and development expenses also include the amortization of the carrying value of a technology license agreement with Micron Technology, Inc. ("Micron"). Under this technology license agreement, the Company has access to certain photomask technology developed by Micron.
Foreign Currency Translation	Foreign Currency Translation The Company's international subsidiaries maintain their accounts in their respective local currencies. Assets and liabilities of such subsidiaries are translated to U.S. dollars at year-end exchange rates. Income and expenses are translated at average rates of exchange prevailing during the year. Foreign currency translation adjustments are accumulated and reported in accumulated other comprehensive income, a component of equity. The effects of changes in exchange rates on foreign currency transactions, which are included in interest and other income (expense), net were a gain of $0.2 million, $0.4 million and $2.0 million in fiscal years 2012, 2011 and 2010, respectively.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when there is persuasive evidence that an arrangement exists, delivery has occurred, the sales price is fixed or determinable, and collectability is reasonably assured. Delivery is determined by the shipping terms of the individual sales transactions. For sales with FOB destination shipping terms, delivery occurs when the Company's product reaches its destination and is received by the customer. For sales with FOB shipping point terms, delivery occurs when the Company's product is received by the common carrier. The Company uses judgment when estimating the effect on revenue of discounts and product warranty obligations, both of which are accrued when the related revenue is recognized.
Warranty and Other Post Shipment Obligations	Warranties and Other Post Shipment Obligations – For a 30-day period, the Company warrants that items sold will conform to customer specifications. However, the Company's liability is limited to the repair or replacement of the photomasks at its sole option. The Company inspects photomasks for conformity to customer specifications prior to shipment. Accordingly, customer returns of items under warranty have historically been insignificant. However, the Company records a liability for the insignificant amount of estimated warranty returns based on historical experience. The Company's specific return policies include accepting returns of products with defects, or products that have not been produced to precise customer specifications. At the time of revenue recognition, a liability is established for these items.
Sales Taxes	Sales Taxes – The Company reports its revenues net of any sales taxes billed to its customers.

SHARE-BASED COMPENSATION (Policies)	12 Months Ended
SHARE-BASED COMPENSATION (Policies)	Oct. 28, 2012
SHARE-BASED COMPENSATION [Abstract]
Share-based compensation accounting policy	Share-Based Compensation The Company recognizes share-based compensation expense over the service period that the awards are expected to vest. Share-based compensation expense includes the estimated effects of forfeitures, which are adjusted over the requisite service period to the extent actual forfeitures differ, or are expected to differ, from such estimates. Changes in estimated forfeitures are recognized in the period of change and will also impact the amount of expense to be recognized in future periods. Determining the appropriate option pricing model, calculating the grant date fair value of share-based awards and estimating forfeiture rates requires considerable judgment, including the estimations of stock price volatility and the expected term of options granted. The Company uses the Black-Scholes option pricing model to value employee stock options. The Company estimates stock price volatility based on daily averages of its historical volatility over a term approximately equal to the estimated time period the grant will remain outstanding. The expected term of options and forfeiture rate assumptions are derived from historical data.

- Definition

Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.

+ References+ Details

INCOME TAXES (Policies)	12 Months Ended
INCOME TAXES (Policies)	Oct. 28, 2012
INCOME TAXES [Abstract]
Unremitted Earnings in Foreign Investment	As of October 28, 2012, the undistributed earnings of foreign subsidiaries included in consolidated retained earnings amounted to $104.8 million, of which $13.2 million of earnings is considered not to be permanently reinvested. The amount of undistributed earnings is calculated taking into account the net amount of earnings of the Company's foreign subsidiaries, considering its multi-tier subsidiary structure, and translating those earnings into U.S. dollars using exchange rates in effect as of the balance sheet date. During fiscal year 2008 a decision was made to not indefinitely reinvest earnings in certain foreign jurisdictions. No provision has been made for taxes due on the remaining undistributed earnings of $91.6 million considered to be indefinitely invested. Should the Company elect in the future to repatriate the foreign earnings so invested, it may incur additional income tax expense on those foreign earnings, the amount of which is not practicable to compute.

- Definition

Disclosure of accounting policy for tax treatment of unremitted earnings in a foreign investment.

+ References+ Details

FAIR VALUE MEASUREMENTS (Policies)	12 Months Ended
FAIR VALUE MEASUREMENTS (Policies)	Oct. 28, 2012
FAIR VALUE MEASUREMENTS [Abstract]
Fair value financial instruments policy	Accounting guidance defines fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date. An "orderly transaction" is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities (i.e. it is not a forced transaction). The transaction to sell the asset or transfer the liability is a hypothetical transaction at the measurement date, considered from the perspective of a market participant that holds the asset or owes the liability. Therefore, the objective of a fair value measurement is to determine the price that would be received to sell the asset or paid to transfer the liability (an exit price) at the measurement date. A fair value measurement further assumes that the hypothetical transaction occurs in the principal (or if no principal market exists, the most advantageous) market for the asset or liability. Further, a fair value measurement considers the assumptions that would be made by market participants when pricing the asset or liability, such as transfer restrictions (in the case of an asset) or nonperformance risk and, in the case of nonfinancial assets, assumes a transaction involving the highest and best use of the asset. This guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to unadjusted, quoted market prices in active markets for identical assets or liabilities (including when the liabilities are traded as assets) while giving the lowest priority to unobservable inputs, which are inputs that reflect the Company's assumptions about the factors that market participants would use in valuing assets or liabilities, based upon the best information available under existing circumstances. In cases when the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. When, due to changes in the inputs to valuation techniques used to measure its fair value, an asset or liability is transferred between levels of the fair value hierarchy, the Company recognizes all transfers to or from any level to be as of the beginning of the reporting period. Assessing the significance of a particular input to the fair value measurement in its entirety requires judgment, including the consideration of factors specific to the asset or liability. The hierarchy consists of the following three levels: Level 1 - Inputs are prices in active markets for identical securities that are accessible at the measurement date. Level 2 - Inputs other than quoted prices included within Level 1 are observable for the asset or liability, either directly or indirectly. At October 30, 2011, the Company's Level 2 liabilities are certain common stock warrants, which are included in other liabilities. Level 3 - Inputs are unobservable inputs for the asset or liability.

PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Oct. 28, 2012

PROPERTY, PLANT AND EQUIPMENT [Abstract]

Property, plant and equipment

Property, plant and equipment consists of the following:

	October 28, 2012		October 30, 2011

Land	$	8,538	$	7,330
Buildings and improvements		101,409		90,455
Machinery and equipment		1,197,854		1,195,007
Leasehold improvements		5,854		8,778
Furniture, fixtures and office equipment		13,484		13,988
Construction in progress		26,642		4,694
		1,353,781		1,320,252
Less accumulated depreciation and amortization		972,973		951,572
	$	380,808	$	368,680

Property under capital leases included in property, plant and equipment

Property under capital leases are included in above property, plant and equipment as follows:

	October 28, 2012		October 30, 2011

Machinery and equipment	$	21,327	$	21,327
Buildings and improvements		-		33,621
		21,327		54,948
Less accumulated amortization		2,758		24,660
	$	18,569	$	30,288

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details

INTANGIBLE ASSETS (Tables)

12 Months Ended

Oct. 28, 2012

INTANGIBLE ASSETS [Abstract]

Intangible assets

Intangible assets consist of:

As of October 28, 2012	Gross Amount		Accumulated Amortization		Net Amount
Technology license agreement	$	59,616	$	25,503	$	34,113
Customer lists		7,210		4,876		2,334
Supply agreement		6,959		6,157		802
Software and other		3,491		3,356		135
	$	77,276	$	39,892	$	37,384
As of October 30, 2011

Technology license agreement	$	59,616	$	21,528	$	38,088
Customer lists		7,210		4,154		3,056
Supply agreement		6,959		5,802		1,157
Software and other		3,557		3,396		161
	$	77,342	$	34,880	$	42,462

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Oct. 28, 2012

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]

Effect of derivative instruments on entity's condensed consolidated balance sheets

The table below presents the effect of derivative instruments on the Company's consolidated balance sheets at October 28, 2012 and October 30, 2011.

		Fair Value at
Derivatives Not Designated
as Hedging Instruments		October 28,	October 30,
Under ASC 815	Balance Sheet Location	2012	2011

Warrants on common stock	Other liabilities	-	$1,147

Effect of derivative instruments on entity's condensed consolidated statements of operations

The table below presents the effect of derivative instruments on the Company's consolidated statements of income for the years ended October 28, 2012, October 30, 2011 and October 31, 2010.

		Amount of Gain (Loss) Recognized Related to Derivative Instruments
		Year Ended
Derivatives Not Designated as Hedging Instruments Under ASC 815	Location of Gain (Loss) Recognized Related to Derivative Instruments	October 28, 2012		October 30, 2011			October 31, 2010

Warrants on common stock	Interest and other income (expense), net	$	94	$	(424	)	$	(916	)

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details

LONG-TERM BORROWINGS (Tables)

12 Months Ended

Oct. 28, 2012

LONG-TERM BORROWINGS [Abstract]

Long-term borrowings

Long-term borrowings consist of the following:

	October 28, 2012		October 30, 2011

3.25% convertible senior notes due on April 1, 2016	$	115,000	$	115,000

Term loan, which bears interest at a variable rate, as defined (2.5% at October 28, 2012), and matures March 1, 2017		23,750		-

5.50% convertible senior notes due on October 1, 2014		22,054		22,054

3.09% capital lease obligation payable through March 2016		15,175		19,218

4.75% financing loan with customer		758		1,888

		176,737		158,160
Less current portion		7,781		5,583
	$	168,956	$	152,577

Minimum lease payments under the Company's capital lease obligations

As of October 28, 2012, minimum lease payments under the Company's capital lease obligation were as follows:

Fiscal Years:

2013	$	4,962
2014		4,580
2015		4,580
2016		1,907
		16,029
Less interest		854
Net minimum lease payments under capital leases		15,175
Less current portion of net minimum lease payments		4,523
Long-term portion of minimum lease payments	$	10,652

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

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-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

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-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

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-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

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-Name Accounting Standards Codification

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

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-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(e),(f))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Oct. 28, 2012

SHARE-BASED COMPENSATION [Abstract]

Weighted-average inputs and risk-free rate of return ranges used to calculate the grant date fair value of options

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010

Expected volatility		102.1	%		98.7	%		89.9	%

Risk-free rate of return		0.6 – 0.9	%		0.7 – 1.9	%		1.5 – 2.4	%

Dividend yield		0.0	%		0.0	%		0.0	%

Expected term	4.3 years			4.2 years			4.4 years

Summary of option activity

A summary of option activity under the Plan as of October 28, 2012, and changes during the year then ended is presented as follows:

Options	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life	Aggregate Intrinsic Value

Outstanding at October 30, 2011		4,033,916		$	9.28
Granted		556,500			6.25
Exercised		(225,586	)		1.31
Cancelled and forfeited		(365,528	)		19.90
Outstanding at October 28, 2012		3,999,302		$	8.34	6.0 years	$	3,322
Exercisable at October 28, 2012		2,280,946		$	10.93	4.6 years	$	1,882
Expected to vest as of October 28, 2012		1,535,411		$	4.83	7.8 years	$	1,367

Summary of the status of the Company's outstanding restricted stock awards

Restricted Stock	Shares			Weighted- Average Fair Value at Grant Date

Outstanding at October 30, 2011		191,827		$	9.37
Granted		168,750			6.28
Vested		(108,263	)		8.77
Outstanding at October 28, 2012		252,314		$	7.56
Expected to vest as of October 28, 2012		226,477		$	7.41

CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES (CREDITS) (Tables)

12 Months Ended

Oct. 28, 2012

Shanghai, China, Facility [Member]

Restructuring Cost and Reserve [Line Items]

	Year Ended October 31, 2010
	November 2, 2009		Charges (Credits)			Utilized			October 31, 2010

Net gain on sales of assets	$	-	$	(5,189	)	$	5,189		$	-

Employee terminations and other		134		210			(344	)		-
	$	134	$	(4,979	)	$	4,845		$	-

Singapore Restructuring [Member]

Restructuring Cost and Reserve [Line Items]

	Year Ended October 28, 2012
	October 31, 2011		Charges		Utilized			October 28, 2012

Employee terminations and other	$	-	$	1,166	$	(871	)	$	295

Asset write-downs		-		262		(262	)		-

	$	-	$	1,428	$	(1,133	)	$	295

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details

INCOME TAXES (Tables)

12 Months Ended

Oct. 28, 2012

INCOME TAXES [Abstract]

Income (loss) before income tax provision for domestic and foreign

The income before income tax provision consists of the following:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010

United States	$	(5,474	)	$	(20,396	)	$	(27,507	)
Foreign		46,122			56,295			60,060
	$	40,648		$	35,899		$	32,553

Income tax provision

The income tax provision consists of the following:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010
Current:
Federal	$	81		$	291		$	-
State		(5	)		74			-
Foreign		11,332			15,550			7,303

Deferred:
Federal		-			-			-
State		-			-			-
Foreign		(615	)		(224	)		168
Total	$	10,793		$	15,691		$	7,471

Income tax rate reconciliation

The income tax provision differs from the amount computed by applying the statutory U.S. federal income tax rate to the income before income taxes as a result of the following:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010
U.S. federal income tax at statutory rate	$	14,227		$	12,564		$	11,393
Changes in valuation allowances		1,806			(8,334	)		9,693
Distributions from foreign subsidiaries		2,073			1,925			1,750
State income taxes, net of federal benefit		(1,956	)		503			(1,270	)
Foreign tax rate differentials		(3,805	)		(4,467	)		(6,381	)
Tax credits		(1,071	)		(522	)		(2,954	)
Uncertain tax positions, including reserves, settlements and resolutions		1,984			1,499			93
Debt extinguishment losses		(2,879	)		11,942			-
Shanghai, China operations closure		-			-			(6,127	)
Other, net		414			581			1,274
	$	10,793		$	15,691		$	7,471

Net deferred income tax assets

The net deferred income tax assets consist of the following:

	October 28, 2012			October 30, 2011
Deferred income tax assets:
Reserves not currently deductible	$	6,382		$	5,889
Net operating losses		56,252			51,991
Alternative minimum tax credits		3,116			3,217
Tax credit carryforwards		4,785			5,410
Future lease obligation		-			3,108
Other		2,634			3,359
		73,169			72,974
Valuation allowances		(55,536	)		(53,063	)
		17,633			19,911
Deferred income tax liabilities:
Property, plant and equipment		(604	)		(2,744	)
Undistributed earnings of foreign subsidiaries		(4,575	)		(4,417	)
Investments		(170	)		(1,203	)
Other		(351	)		(481	)
		(5,700	)		(8,845	)
Net deferred income tax assets	$	11,933		$	11,066
Reported as:
Current deferred tax assets	$	1,199		$	609
Long-term deferred tax assets		11,395			11,239
Accrued liabilities		-			(45	)
Long-term deferred tax liabilities		(661	)		(737	)
	$	11,933		$	11,066

Reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties

A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, is as follows:

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010
Balance at beginning of year	$	1,824		$	1,676		$	1,573

Additions (reductions) for tax positions in prior years		1,932			709			(351	)

Additions based on current year tax positions		616			502			454

Settlements		(518	)		(1,063	)		-

Lapses of statutes of limitations		(61	)		-			-
Balance at end of year	$	3,793		$	1,824		$	1,676

EARNINGS PER SHARE (Tables)

12 Months Ended

Oct. 28, 2012

EARNINGS PER SHARE [Abstract]

Calculation of basic and diluted earnings (loss) per share

The calculation of basic and diluted earnings per share is presented as follows:

	Year Ended
	October 28, 2012			October 30, 2011		October 31, 2010

Net income attributable to Photronics, Inc. shareholders	$	27,868		$	16,229	$	23,922
Effect of dilutive securities:
Interest expense on convertible notes, net of related tax effects		6,168			-		4,085
Gain related to common stock warrants fair value adjustment		(94	)		-		-
Earnings for diluted earnings per share	$	33,942		$	16,229	$	28,007
Weighted-average common shares computations:
Weighted-average common shares used for basic earnings per share		60,055			57,030		53,433
Effect of dilutive securities:
Share-based payment awards		767			1,145		996
Common stock warrants		219			283		63
Convertible notes		15,423			-		11,311
Dilutive potential common shares		16,409			1,428		12,370
Weighted-average common shares used for diluted earnings per share		76,464			58,458		65,803

Basic earnings per share	$	0.46		$	0.28	$	0.45
Diluted earnings per share	$	0.44		$	0.28	$	0.43

Outstanding securities excluded from the calculation of diluted earnings or loss per share

	Year Ended
	October 28, 2012		October 30, 2011		October 31, 2010

Share based payment awards		2,587		2,407		2,684
Convertible notes		-		13,994		-
Common stock warrants		-		213		745
Total potentially dilutive shares excluded		2,587		16,614		3,429

SUBSIDIARY SHARE REPURCHASE (Tables)

12 Months Ended

Oct. 28, 2012

SUBSIDIARY SHARE REPURCHASE [Abstract]

Effect of change in the entity's ownership interest in PSMC

	Year Ended
	October 28, 2012			October 30, 2011			October 31, 2010

Net income attributable to Photronics, Inc. shareholders	$	27,868		$	16,229		$	23,922

Increase (decrease) in Photronics, Inc.'s additional paid-in capital		1,985			(201	)		-

Decrease in Photronics, Inc.'s accumulated other comprehensive income		(78	)		-			-
Change from net income attributable to Photronics, Inc. shareholders and transfers to or from noncontrolling interests	$	29,775		$	16,028		$	23,922

- Definition

The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.

+ References+ Details

GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION (Tables)

12 Months Ended

Oct. 28, 2012

GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION [Abstract]

Geographic and significant customer information

	Year Ended
	October 28, 2012		October 30, 2011		October 31, 2010
Net sales
Korea	$	161,154	$	171,327	$	143,371
United States		135,170		158,005		123,753
Taiwan		109,232		122,070		101,189
Europe		40,653		46,613		41,850
All other		4,230		14,005		15,391
	$	450,439	$	512,020	$	425,554

IC	$	350,105	$	391,158	$	329,767
FPD		100,334		120,862		95,787
	$	450,439	$	512,020	$	425,554

	October 28, 2012		October 30, 2011		October 31, 2010
Long-lived assets
United States	$	177,614	$	159,845	$	134,349
Korea		120,628		119,855		131,802
Taiwan		72,185		77,367		88,323
Europe		10,262		10,879		14,182
All other		119		734		1,158
	$	380,808	$	368,680	$	369,814

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Oct. 28, 2012

FAIR VALUE MEASUREMENTS [Abstract]

Assets and liabilities measured at fair value on a recurring basis

	October 30, 2011
	Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total

Common stock warrants	$	-	$	1,147	$	-	$	1,147
Total liabilities	$	-	$	1,147	$	-	$	1,147

Fair and carrying values of convertible senior notes

	October 28, 2012				October 30, 2011
	Fair Value		Carrying Value		Fair Value		Carrying Value

3.25% convertible senior notes	$	110,239	$	115,000	$	109,260	$	115,000
5.5% convertible senior notes	$	27,755	$	22,054	$	32,791	$	22,054

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 18

-Subparagraph c(2), d, e, f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph a, c(1), c(2), c(3), d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

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-Name Statement of Financial Accounting Standard (FAS)

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Reference 10: http://www.xbrl.org/2003/role/presentationRef

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-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)

12 Months Ended

Oct. 28, 2012

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]

Quarterly financial data

The following table sets forth certain unaudited quarterly financial data:

	First		Second			Third		Fourth		Year
Fiscal 2012:	(a) (b)		(c)					(d)		(a) (b) (c) (d)

Net sales	$	112,154	$	117,451		$	116,616	$	104,218	$	450,439
Gross margin		25,458		29,861			32,304		24,297		111,920
Net income		4,841		9,530			11,267		4,217		29,855
Net income attributable to Photronics, Inc. shareholders		4,268		8,818			10,950		3,832		27,868

Earnings per share:
Basic	$	0.07	$	0.15		$	0.18	$	0.06	$	0.46
Diluted	$	0.07	$	0.14		$	0.16	$	0.06	$	0.44

Fiscal 2011:	(e)		(f) (g)			(h) (i)		(i)		(j) (k)

Net sales	$	120,823	$	133,103		$	135,935	$	122,159	$	512,020
Gross margin		30,594		36,486			38,240		30,893		136,214
Net income (loss)		13,584		(15,033	)		12,622		9,035		20,208
Net income (loss) attributable to Photronics, Inc. shareholders		12,111		(16,438	)		11,265		9,291		16,229

Earnings (loss) per share:
Basic	$	0.23	$	(0.30	)	$	0.19	$	0.16	$	0.28
Diluted	$	0.20	$	(0.30	)	$	0.16	$	0.14	$	0.28

(a)	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.

(b)	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.

(c)	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.

(d)	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.

(e)	Includes non-cash loss of $0.1 million, net of tax, in connection with subsequent measurement at fair value of warrants issued to purchase the Company's stock.

(f)	Includes debt extinguishment loss of $30.3 million, net of tax, in connection with the acquisition of $30.4 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014.

(g)	Includes non-cash loss of $0.7 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.

(h)	Includes debt extinguishment loss of $5.0 million, net of tax, in connection with the acquisition of $5.0 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014.

(i)	Includes non-cash gain of $0.2 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.

(j)	Includes debt extinguishment loss of $35.3 million, net of tax, in connection with the acquisition of $35.4 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014

(k)	Includes non-cash loss of $0.4 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Manufacturing Facilities by Geographical Region [Line Items]
Number of manufacturing facilities	8
Foreign Currency [Abstract]
Foreign currency transaction gain	$ 0.2	$ 0.4	$ 2.0
Noncontrolling Interest [Abstract]
Number of majority owned subsidiaries	2
Period of warranty	30 days
PK Ltd [Member]
Noncontrolling Interest [Abstract]
Ownership percentage of noncontrolling interests	0.30%	0.30%
Photronics Semiconductor Mask Corporation [Member]
Noncontrolling Interest [Abstract]
Ownership percentage of noncontrolling interests	28.00%	38.00%
Minimum [Member]
Intangible Assets [Line Items]
Estimated useful lives	3 years
Maximum [Member]
Intangible Assets [Line Items]
Estimated useful lives	15 years
Buildings and Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Abstract]
Estimated useful lives	15 years
Buildings and Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Abstract]
Estimated useful lives	40 years
Machinery and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Abstract]
Estimated useful lives	3 years
Machinery and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Abstract]
Estimated useful lives	10 years
Furniture, Fixtures and Office Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Abstract]
Estimated useful lives	3 years
Furniture, Fixtures and Office Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Abstract]
Estimated useful lives	5 years
Europe [Member]
Manufacturing Facilities by Geographical Region [Line Items]
Number of manufacturing facilities	2
Taiwan [Member]
Manufacturing Facilities by Geographical Region [Line Items]
Number of manufacturing facilities	2
Korea [Member]
Manufacturing Facilities by Geographical Region [Line Items]
Number of manufacturing facilities	1
United States [Member]
Manufacturing Facilities by Geographical Region [Line Items]
Number of manufacturing facilities	3

PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Property, plant and equipment [Abstract]
Property, plant and equipment, gross	$ 1,353,781,000	$ 1,320,252,000
Less accumulated depreciation and amortization	972,973,000	951,572,000
Property, plant and equipment, net	380,808,000	368,680,000	369,814,000
Property under capital leases included in property, plant and equipment [Abstract]
Capital leased assets, gross	21,327,000	54,948,000
Less accumulated amortization	2,758,000	24,660,000
Capital leased assets, net	18,569,000	30,288,000
Depreciation expense (excluding property under capital lease)	73,800,000	77,000,000	71,200,000
Amortization of capital leased assets	4,800,000	9,700,000	10,200,000
Land [Member]
Property, plant and equipment [Abstract]
Property, plant and equipment, gross	8,538,000	7,330,000
Buildings and improvements [Member]
Property, plant and equipment [Abstract]
Property, plant and equipment, gross	101,409,000	90,455,000
Property under capital leases included in property, plant and equipment [Abstract]
Capital leased assets, gross	0	33,621,000
Machinery and equipment [Member]
Property, plant and equipment [Abstract]
Property, plant and equipment, gross	1,197,854,000	1,195,007,000
Property under capital leases included in property, plant and equipment [Abstract]
Capital leased assets, gross	21,327,000	21,327,000
Leasehold improvements [Member]
Property, plant and equipment [Abstract]
Property, plant and equipment, gross	5,854,000	8,778,000
Furniture, fixtures and office equipment [Member]
Property, plant and equipment [Abstract]
Property, plant and equipment, gross	13,484,000	13,988,000
Construction in progress [Member]
Property, plant and equipment [Abstract]
Property, plant and equipment, gross	$ 26,642,000	$ 4,694,000

INTANGIBLE ASSETS (Details) (USD $)	12 Months Ended
INTANGIBLE ASSETS (Details) (USD $)	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 5,000,000	$ 5,300,000	$ 6,000,000
Number of years for which amortization expense range is forecasted	5 years
Intangible assets, net [Abstract]
Gross Amount	77,276,000	77,342,000
Accumulated Amortization	39,892,000	34,880,000
Net Amount	37,384,000	42,462,000
Minimum [Member]
Intangible Assets [Line Items]
Intangible asset amortization forecasted range	4,000,000
Maximum [Member]
Intangible Assets [Line Items]
Intangible asset amortization forecasted range	5,000,000
Technology License Agreement [Member]
Intangible assets, net [Abstract]
Gross Amount	59,616,000	59,616,000
Accumulated Amortization	25,503,000	21,528,000
Net Amount	34,113,000	38,088,000
Customer Lists [Member]
Intangible assets, net [Abstract]
Gross Amount	7,210,000	7,210,000
Accumulated Amortization	4,876,000	4,154,000
Net Amount	2,334,000	3,056,000
Supply Agreement [Member]
Intangible assets, net [Abstract]
Gross Amount	6,959,000	6,959,000
Accumulated Amortization	6,157,000	5,802,000
Net Amount	802,000	1,157,000
Software and Other [Member]
Intangible assets, net [Abstract]
Gross Amount	3,491,000	3,557,000
Accumulated Amortization	3,356,000	3,396,000
Net Amount	$ 135,000	$ 161,000

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

+ References+ Details

JOINT VENTURE, TECHNOLOGY LICENSE AND OTHER AGREEMENTS WITH MICRON TECHNOLOGY, INC (Details) (USD $)			1 Months Ended	3 Months Ended			1 Months Ended	12 Months Ended
	Oct. 28, 2012	Oct. 30, 2011	May 31, 2009 Capital Lease Obligations With Micron [Member]	Apr. 29, 2012 Capital Lease Obligations With Micron [Member]	Oct. 28, 2012 Term Loan [Member]	Apr. 29, 2012 Term Loan [Member]	May 31, 2006 MP Mask [Member]	Oct. 28, 2012 MP Mask [Member]	Oct. 30, 2011 MP Mask [Member]	Oct. 31, 2010 MP Mask [Member]
Variable Interest Entity [Line Items]
Investments in MP Mask and other agreements							$ 135,000,000
Investment in joint venture	93,252,000	79,984,000					64,200,000
Variable Interest Entity, Methodology for Determining Whether Entity is Primary Beneficiary								This joint venture is a variable interest entity ("VIE") (as that term is defined in the Accounting Standards Codification ("ASC") ) because all costs of the joint venture are passed on to the Company and Micron through purchase agreements they have entered into with the joint venture, and it is dependent upon the Company and Micron for any additional cash requirements. On a quarterly basis the Company reassesses whether its interest in MP Mask gives it a controlling financial interest in this VIE. The purpose of this quarterly reassessment is to identify the primary beneficiary (which is defined in the ASC as the entity that consolidates a VIE) of the VIE. As a result of the reassessments in fiscal year 2012, the Company determined that Micron is still the primary beneficiary of the VIE, by virtue of its tie-breaking voting rights within MP Mask's Board of Managers, thereby giving it the power to direct the activities of MP Mask that most significantly impact its economic performance, including its decision making authority in the ordinary course of business and its purchasing the majority of products produced by the VIE.
Ownership percentage in MP Mask (in hundredths)							49.99%
Additional investment in joint venture								13,400,000	18,300,000
Distributions from Joint Venture								0	0
Maximum exposure to loss from investment in VIE								93,300,000	80,000,000
Income (Loss) from equity-method investee								(100,000)	600,000	200,000
Amount owed to MP Mask								6,400,000	6,300,000
Amount receivable from Micron Technology, Inc.								9,000,000	3,400,000
Commission revenue earned under supply agreement								1,600,000	1,700,000	1,700,000
Amortation of Supply Agreement								400,000	500,000	500,000
Net Earnings Related To Supply Agreement								1,200,000	1,200,000	1,200,000
Orders received under supply agreement								41,500,000	35,000,000	35,300,000
Cost Of Goods Sold Under Supply Agreement								39,900,000	33,300,000	33,600,000
Cost of sales								7,600,000	18,500,000	5,900,000
Research and development expenses and other								2,000,000	3,100,000	1,900,000
Purchase of Equipment								1,900,000	4,600,000
Cost of Equipment								1,500,000	2,300,000
Equipment purchased recorded as investment in Joint Venture								400,000	2,300,000
Interest rate percentage (in hundredths)			8.00%
Quarterly lease payments			3,800,000
Reduced quarterly lease payments			2,000,000
Capital leased assets reductions			28,000,000
Payment to purchase U.S. nanoFab facility				35,000,000
Amount of debt					25,000,000	25,000,000
Summarized financial information of MP Mask
Current assets								25,701,000	22,264,000
Noncurrent assets								170,226,000	157,176,000
Current liabilities								15,597,000	25,941,000
Noncurrent liabilities								0	0
Net sales								84,216,000	79,766,000	63,161,000
Gross Profit								1,799,000	2,649,000	1,976,000
Net income								$ 831,000	$ 6,691,000	$ 540,000

ACCRUED LIABILITIES (Details) (USD $) In Thousands, unless otherwise specified	Oct. 28, 2012	Oct. 30, 2011
ACCRUED LIABILITIES [Abstract]
Salaries, wages and related benefits	$ 7,379	$ 7,073
Income taxes	6,989	10,194
VAT and other taxes	2,228	2,875
Property, plant and equipment	277	7,587
Other	7,828	7,817
Accrued liabilities	$ 24,701	$ 35,546

- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.

+ References+ Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) (USD $)	1 Months Ended	3 Months Ended					12 Months Ended
	May 31, 2009	Jan. 29, 2012	Oct. 30, 2011	Jul. 31, 2011	May 01, 2011	Jan. 30, 2011	Oct. 28, 2012	Oct. 30, 2011	Nov. 01, 2009	Oct. 28, 2012 Warrants on common stock [Member] Interest and other income (expense), net [Member]	Oct. 30, 2011 Warrants on common stock [Member] Interest and other income (expense), net [Member]	Oct. 31, 2010 Warrants on common stock [Member] Interest and other income (expense), net [Member]	Oct. 28, 2012 Other liabilities [Member] Warrants on common stock [Member]	Oct. 30, 2011 Other liabilities [Member] Warrants on common stock [Member]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]
Description of Derivative Risk Management Policy							The Company utilizes derivative instruments to reduce its exposure to the effects of the variability of interest rates and foreign currencies on its financial performance when it believes such action is warranted. Historically, the Company has been a party to derivative instruments to hedge either the variability of cash flows of a prospective transaction or the fair value of a recorded asset or liability. In certain instances, the Company has designated these transactions as hedging instruments. However, whether or not a derivative was designated as being a hedging instrument, the Company's purpose for engaging in the derivative has always been for risk management (and not speculative) purposes. The Company has historically not been a party to a significant number of derivative instruments and does not expect its derivative activity to significantly increase in the foreseeable future.
Warrants issued (in shares)	2,100,000
Number of shares for each warrant exercisable (in shares)	1
Exercise price of warrants (in dollars per share)	$ 0.01
Percentage of warrants exercisable upon issuance (in hundredths)	40.00%
Incremental percentage of warrants exercisable thereafter (in hundredths)	20.00%
Warrants cancelled (in shares)									1,200,000
Warrants exercised (in shares)							200,000
Amount of cash flow hedge to be recognized in income							$ 100,000
Derivatives, Fair Value [Line Items]
Fair Value of Derivatives Not Designated as Hedging Instruments Under ASC 815													0	1,147,000
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized related to Derivative Instruments		$ 100,000	$ 200,000	$ 200,000	$ (700,000)	$ (100,000)		$ (400,000)		$ 94,000	$ (424,000)	$ (916,000)

LONG-TERM BORROWINGS (Details) (USD $)	1 Months Ended	12 Months Ended				12 Months Ended		1 Months Ended	12 Months Ended		12 Months Ended			1 Months Ended			12 Months Ended		1 Months Ended	12 Months Ended		12 Months Ended
LONG-TERM BORROWINGS (Details) (USD $)	Mar. 31, 2011	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010	Mar. 31, 2011 Credit Facility [Member]	Oct. 28, 2012 Amended Credit Facility [Member]	Mar. 31, 2011 Amended Credit Facility [Member]	Mar. 31, 2011 3.25% convertible senior notes due on April 1, 2016 [Member]	Oct. 28, 2012 3.25% convertible senior notes due on April 1, 2016 [Member]	Oct. 30, 2011 3.25% convertible senior notes due on April 1, 2016 [Member]	Oct. 28, 2012 Term Loan [Member]	Apr. 29, 2012 Term Loan [Member]	Oct. 30, 2011 Term Loan [Member]	Jun. 30, 2011 5.50% convertible senior notes due on October 1, 2014 [Member]	Mar. 31, 2011 5.50% convertible senior notes due on October 1, 2014 [Member]	Sep. 30, 2009 5.50% convertible senior notes due on October 1, 2014 [Member]	Oct. 28, 2012 5.50% convertible senior notes due on October 1, 2014 [Member]	Oct. 30, 2011 5.50% convertible senior notes due on October 1, 2014 [Member]	Apr. 30, 2011 3.09% capital lease obligation payable through March 2016 [Member]	Oct. 28, 2012 3.09% capital lease obligation payable through March 2016 [Member]	Oct. 30, 2011 3.09% capital lease obligation payable through March 2016 [Member]	Oct. 28, 2012 4.75% financing loan with customer [Member]	Oct. 30, 2011 4.75% financing loan with customer [Member]	Jan. 31, 2010 4.75% financing loan with customer [Member]
Long-term borrowings [Abstract]
Long-term debt and capital lease obligations		$ 176,737,000	$ 158,160,000						$ 115,000,000	$ 115,000,000	$ 23,750,000		$ 0				$ 22,054,000	$ 22,054,000		$ 15,175,000	$ 19,218,000	$ 758,000	$ 1,888,000
Less current portion		7,781,000	5,583,000
Long-term debt and capital lease obligations non current		168,956,000	152,577,000
Interest rate percentage (in hundredths)									3.25%								5.50%			3.09%		4.75%
Variable interest rate (in hundredths)											2.50%
Long-term borrowings maturing in 2013		3,258,000
Long-term borrowings maturing in 2014		24,554,000
Long-term borrowings maturing in 2015		2,500,000
Long-term borrowings maturing in 2016		117,500,000
Long-term borrowings maturing in 2017		13,750,000
Minimum lease payments under the Company's capital lease obligations [Abstract]
2013		4,962,000
2014		4,580,000
2015		4,580,000
2016		1,907,000
Future minimum payments due		16,029,000
Less interest		854,000
Net minimum lease payments under capital leases		15,175,000
Less current portion of net minimum lease payments		4,523,000
Long-term portion of minimum lease payments		10,652,000
Maturity date of debt						Apr. 30, 2015			Apr. 01, 2016		Mar. 01, 2017						Oct. 01, 2014			Mar. 30, 2016
Original face amount of debt											25,000,000	25,000,000				57,500,000			21,200,000					3,700,000
Periodic payments											600,000								400,000
Frequency of periodic payment											quarterly payments								per month
Amortization period of debt											10 years
Aggregate commitments of the lenders					65,000,000		30,000,000
Maximum amount of financed capital assets						75,000,000
Amount of investment basket					15,000,000	25,000,000
Credit facility interest rate (in hundredths)						2.50%
Amount outstanding under credit facility						0
Remaining borrowing capacity under credit facility						30,000,000
Face amount of each note converted								1,000								1,000
Number of shares each note is convertible to (in shares)								96.3879								196.7052
Conversion price per share (in dollars per share)								$ 10.37								$ 5.08
Proceeds from notes payable, net								110,700,000								54,900,000
Capital lease obligations repaid	19,800,000
Face amount of debt repurchased														5,000,000	30,400,000			35,400,000
Common stock issued to extinguish debt (in shares)														700,000	4,500,000
Common stock issued to extinguish debt			45,637,000											6,500,000	39,200,000
Cash paid for convertible notes acquired														3,200,000	19,700,000
Number of shares issued for each note converted (in shares)														147.529	147.529
Cash paid for each note converted														647	647
Debt extinguishment loss		0	(35,259,000)	0										(5,000,000)	(30,100,000)
Write off of deferred financing fees														300,000	1,700,000
Repayment period																			5 years
Amount payable through the end of lease term																				16,000,000
Value of product shipped for repayment of loan																						1,000,000	1,100,000
Estimated date of loan repayment																						2013-11-03
Interest payments		6,300,000	9,700,000	7,800,000
Deferred financing cost payments		$ 200,000	$ 4,300,000	$ 1,300,000

COMMON STOCK WARRANTS (Details) (USD $)	12 Months Ended
COMMON STOCK WARRANTS (Details) (USD $)	Oct. 28, 2012	May 31, 2009
Class of Warrant or Right [Line Items]
Number of warrant agreements	2
Date warrants are exercisable	Sep. 30, 2009
Number of shares of common stock covered under warrants (in shares)	750,000
Exercise price of warrants (in dollars per share)		$ 0.01
Warrant agreement expiration date	2014-09-30
Number of warrants exercised as of balance sheet date	0
Warrant Agreement One [Member]
Class of Warrant or Right [Line Items]
Number of shares of common stock covered under warrants (in shares)	500,000
Exercise price of warrants (in dollars per share)	$ 4.15
Warrant Agreement Two [Member]
Class of Warrant or Right [Line Items]
Number of shares of common stock covered under warrants (in shares)	250,000
Exercise price of warrants (in dollars per share)	$ 5.08

OPERATING LEASES (Details) (USD $)	12 Months Ended			3 Months Ended
OPERATING LEASES (Details) (USD $)	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010	Apr. 29, 2012 Capital Lease Obligations With Micron [Member]
OPERATING LEASES [Abstract]
Rent expense under operating leases	$ 2,700,000	$ 2,900,000	$ 2,900,000
Capital Leased Assets [Line Items]
Payment to purchase U.S. nonoFab facility				35,000,000
Reduction of operating lease commitments	15,000,000
Future minimum lease payments under non-cancelable operating leases [Abstract]
2013	1,513,000
2014	793,000
2015	596,000
2016	508,000
2017	336,000
Thereafter	556,000
Total future minimum payments due	$ 4,302,000

SHARE-BASED COMPENSATION (Details) (USD $)	12 Months Ended												12 Months Ended
SHARE-BASED COMPENSATION (Details) (USD $)	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010	Oct. 28, 2012 Stock Options [Member]	Oct. 30, 2011 Stock Options [Member]	Oct. 31, 2010 Stock Options [Member]	Oct. 28, 2012 Restricted Stock [Member]	Oct. 30, 2011 Restricted Stock [Member]	Oct. 31, 2010 Restricted Stock [Member]	Oct. 28, 2012 Employee Stock Purchase Plan [Member]	Oct. 31, 2010 Employee Stock Purchase Plan [Member]	Nov. 01, 2009 Employee Stock Purchase Plan [Member]	Oct. 28, 2012 Minimum [Member] Stock Options [Member]	Oct. 28, 2012 Maximum [Member] Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Date and terms of plan modification	In March 2007 the Company's shareholders approved a new share-based compensation plan ("Plan"), under which options, restricted stock, restricted stock units, stock appreciation rights, performance stock, performance units, and other awards based on, or related to, shares of the Company's common stock may be granted from shares authorized but unissued or shares previously issued and reacquired by the Company.
Maximum number of shares of common stock that may be issued (in shares)	6,000,000										1,200,000	900,000
Share-based compensation costs incurred	$ 3,200,000	$ 2,500,000	$ 1,900,000
Share-based compensation cost capitalized	0
Income tax benefits realized from stock option exercises	0	0	0
Award vesting period										1 year			1 year	4 years
Contractual term				10 years
Weighted-average inputs and risk-free rate of return ranges used to calculate the grant date fair value of options [Abstract]
Expected volatility (in hundredths)				102.10%	98.70%	89.90%
Risk free rate of return, minimum (in hundredths)				0.60%	0.70%	1.50%
Risk free rate of return, maximum (in hundredths)				0.90%	1.90%	2.40%
Dividend yield (in hundredths)				0.00%	0.00%	0.00%
Expected term (in years)				4 years 3 months 18 days	4 years 2 months 12 days	4 years 4 months 24 days
Shares [Abstract]
Outstanding at October 30, 2011 (in shares)				4,033,916
Granted (in shares)				556,500
Exercised (in shares)				(225,586)
Cancelled and forfeited (in shares)				(365,528)
Outstanding at October 28, 2012 (in shares)				3,999,302	4,033,916
Exercisable at October 28, 2012 (in shares)				2,280,946
Expected to vest as of October 28, 2012 (in shares)				1,535,411
Weighted-Average Exercise Price [Abstract]
Outstanding at October 30, 2011 (in dollar per share)				$ 9.28
Granted (in dollar per share)				$ 6.25
Exercised (in dollar per share)				$ 1.31
Cancelled and forfeited (in dollar per share)				$ 19.90
Outstanding at October 28, 2012 (in dollar per share)				$ 8.34	$ 9.28
Exercisable at October 28, 2012 (in dollar per share)				$ 10.93
Expected to vest as of October 28, 2012 (in dollar per share)				$ 4.83
Weighted Average Remaining Contractual Life [Abstract]
Outstanding at October 28, 2012				6 years
Exercisable at October 28, 2012				4 years 7 months 6 days
Expected to vest as of October 28, 2012				7 years 9 months 18 days
Aggregate Intrinsic Value [Abstract]
Outstanding at October 28, 2012				3,322,000
Exercisable at October 28, 2012				1,882,000
Expected to vest as of October 28, 2012				1,367,000
Stock Options, Additional Disclosures [Abstract]
Weighted-average grant date fair value of options granted (in dollar per share)				$ 4.47	$ 4.75	$ 2.98
Total intrinsic value of options exercised				1,300,000	2,100,000	400,000
Cash received from options exercises				300,000	400,000	100,000
Unrecognized compensation cost related to unvested option awards				3,900,000
Period for recognition of compensation cost not yet recognized				2 years 4 months 24 days			2 years 3 months 18 days
Restricted Stock [Abstract]
Restricted stock service period							less-than-one to eight years
Shares
Outstanding at October 30, 2011 (in shares)							191,827
Granted (in shares)							168,750		0
Vested (in shares)							(108,263)
Outstanding at October 28, 2012 (in shares)							252,314	191,827		78,000
Expected to vest as of October 28, 2012 (in shares)							226,477
Weighted-Average Fair Value at Grant Date
Outstanding at October 30, 2011 (in dollars per share)							$ 9.37
Granted (in dollars per share)							$ 6.28	$ 6.71
Vested (in dollars per share)							$ 8.77
Outstanding at October 28, 2012 (in dollars per share)							$ 7.56	$ 9.37
Expected to vest as of October 28, 2012 (in dollars per share)							$ 7.41
Total fair value of awards for which restrictions lapsed							500,000	500,000	400,000
Compensation cost not yet recognized related to unvested restricted stock awards							$ 1,400,000			$ 100,000
Percent of market price that participants pay for shares subscribed (in hundredths)										85.00%
Total shares issued under ESPP since inception (in shares)										1,100,000

EMPLOYEE RETIREMENT PLANS (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
EMPLOYEE RETIREMENT PLANS [Abstract]
Number of months of service completed to come under retirement plan	3 months
Minimum age of employees to come under retirement plan	18 years
Percentage of salary that can be contributed by the employee (in hundredths)	50.00%
Maximum percentage of employees' contributions that Company will match	50.00%
Maximum percentage of employees' gross pay that Company will match	4.00%
Company's contribution to 401(k) Savings and Profit Sharing Plan	$ 0.4	$ 0.4	$ 0.4

- Definition

The amount of pension benefit costs recognized during the period for (1) defined benefit plans and (2) defined contribution plans. For defined benefit plans, pension expense includes the following components: service cost, interest cost, expected return on plan assets, gain (loss) on plan assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. For defined contribution plans, the pension expense generally equals the firm's contribution to employees' accounts (if the firm contributes) during the period.

+ References+ Details

CONSOLIDATION, RESTRUCTURING AND RELATED CHARGES (CREDITS) (Details) (USD $)	3 Months Ended			12 Months Ended
	Oct. 28, 2012	Apr. 29, 2012	Jan. 29, 2012	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Restructuring Charges [Line Items]
Net proceeds from sale of facilities				$ 0	$ 0	$ 12,880,000
Activities related to restructuring reserve [Abstract]
Charges (Credits)	200,000	100,000	1,100,000	1,428,000	0	(4,979,000)
Shanghai China Facility [Member]
Restructuring Charges [Line Items]
Net proceeds from sale of facilities						12,880,000
Gain on sale of facility						5,400,000
Activities related to restructuring reserve [Abstract]
Restructuring reserve beginning balance						134,000
Charges (Credits)						(4,979,000)
Utilized						4,845,000
Restructuring reserve ending balance						0
Singapore Restructuring [Member]
Activities related to restructuring reserve [Abstract]
Restructuring reserve beginning balance			0	0
Charges (Credits)				1,428,000
Utilized				(1,133,000)
Restructuring reserve ending balance	295,000			295,000
Net gain on sale of assets [Member] \| Shanghai China Facility [Member]
Activities related to restructuring reserve [Abstract]
Restructuring reserve beginning balance						0
Charges (Credits)						(5,189,000)
Utilized						5,189,000
Restructuring reserve ending balance						0
Employee terminations and other [Member] \| Shanghai China Facility [Member]
Activities related to restructuring reserve [Abstract]
Restructuring reserve beginning balance						134,000
Charges (Credits)						210,000
Utilized						(344,000)
Restructuring reserve ending balance						0
Employee terminations and other [Member] \| Singapore Restructuring [Member]
Activities related to restructuring reserve [Abstract]
Restructuring reserve beginning balance			0	0
Charges (Credits)				1,166,000
Utilized				(871,000)
Restructuring reserve ending balance	295,000			295,000
Asset write-downs [Member] \| Singapore Restructuring [Member]
Activities related to restructuring reserve [Abstract]
Restructuring reserve beginning balance			0	0
Charges (Credits)				262,000
Utilized				(262,000)
Restructuring reserve ending balance	$ 0			$ 0

- Definition

The gains (losses) included in results of operations resulting from the sale or disposal of property, plant and equipment, which do not qualify for treatment as discontinued operations. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property.

+ References+ Details

- Definition

The cash inflow from sale of buildings.

+ References+ Details

- Definition

Amount charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations.

+ References+ Details

INCOME TAXES (Details) (USD $)	12 Months Ended
INCOME TAXES (Details) (USD $)	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Components of income before income tax provision [Abstract]
United States	$ (5,474,000)	$ (20,396,000)	$ (27,507,000)
Foreign	46,122,000	56,295,000	60,060,000
Income before income tax provision	40,648,000	35,899,000	32,553,000
Current [Abstract]
Federal	81,000	291,000	0
State	(5,000)	74,000	0
Foreign	11,332,000	15,550,000	7,303,000
Deferred [Abstract]
Federal	0	0	0
State	0	0	0
Foreign	(615,000)	(224,000)	168,000
Income Tax Expense (Benefit), Total	10,793,000	15,691,000	7,471,000
Income tax provision reconciliation [Abstract]
U.S. federal income tax at statutory rate	14,227,000	12,564,000	11,393,000
Changes in valuation allowances	1,806,000	(8,334,000)	9,693,000
Distributions from foreign subsidiaries	2,073,000	1,925,000	1,750,000
State income taxes, net of federal benefit	(1,956,000)	503,000	(1,270,000)
Foreign tax rate differentials	(3,805,000)	(4,467,000)	(6,381,000)
Tax credits	(1,071,000)	(522,000)	(2,954,000)
Uncertain tax positions, including reserves, settlements and resolutions	1,984,000	1,499,000	93,000
Debt extinguishment losses	(2,879,000)	11,942,000	0
Shanghai, China operations closure	0	0	(6,127,000)
Other, net	414,000	581,000	1,274,000
Income Tax Expense (Benefit), Total	10,793,000	15,691,000	7,471,000
U.S. statutory rate (in hundredths)	35.00%	35.00%
Tax benefit as a result of Shanghai, China, operations closure	10,500,000
Shanghai, China, facility deferred tax asset write-off	4,400,000
Deferred income tax assets [Abstract]
Reserves not currently deductible	6,382,000	5,889,000
Net operating losses	56,252,000	51,991,000
Alternative minimum tax credits	3,116,000	3,217,000
Tax credit carryforwards	4,785,000	5,410,000
Future lease obligation	0	3,108,000
Other	2,634,000	3,359,000
Deferred tax assets	73,169,000	72,974,000
Valuation allowances	(55,536,000)	(53,063,000)
Deferred tax assets net of valuation allowance	17,633,000	19,911,000
Deferred income tax liabilities [Abstract]
Property, plant and equipment	(604,000)	(2,744,000)
Undistributed earnings of foreign subsidiaries	(4,575,000)	(4,417,000)
Investments	(170,000)	(1,203,000)
Other	(351,000)	(481,000)
Deferred income taxes liabilities	(5,700,000)	(8,845,000)
Net deferred income tax assets	11,933,000	11,066,000
Reported as [Abstract]
Current deferred tax assets	1,199,000	609,000
Long-term deferred tax assets	11,395,000	11,239,000
Accrued liabilities	0	(45,000)
Long-term deferred tax liabilities	(661,000)	(737,000)
Net deferred income tax assets	11,933,000	11,066,000
Unrecognized tax benefits - gross including interest and penalties	3,900,000	1,900,000
Unrecognized tax benefits associated with uncertain tax positions recorded in other liabilities	1,900,000	1,400,000
Unrecognized tax benefits associated with reduction of deferred tax assets	2,000,000
Unrecognized tax benefits associated with uncertain tax positions recorded in income taxes payable	500,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	1,900,000
Interest and penalties accrued related to uncertain tax positions.	100,000	100,000
Reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties [Roll Forward]
Balance at beginning of year	1,824,000	1,676,000	1,573,000
Additions for tax positions in prior years	1,932,000	709,000
Reductions for tax positions in prior years			(351,000)
Additions based on current year tax positions	616,000	502,000	454,000
Settlements	(518,000)	(1,063,000)	0
Lapses of statutes of limitations	(61,000)	0	0
Balance at end of year	3,793,000	1,824,000	1,676,000
Operating Loss Carryforward [Abstract]
Valuation allowance increase (decrease)	2,500,000	(8,200,000)	10,900,000
Income taxes, additional disclosures [Abstract]
Undistributed earnings of foreign subsidiaries included in consolidated retained earnings	104,800,000
Earnings of foreign subsidiaries included in consolidated retained earnings which are considered not to be permanently reinvested	13,200,000
Remaining undistributed earnings considered to be indefinitely invested	91,600,000
Dollar effect of income tax holiday	0	0	0
Per share effect of income tax holiday (dollars per share)	$ 0.00	$ 0.00	$ 0.00
Income taxes paid	14,300,000	10,400,000	8,900,000
Cash received for refunds of income taxes	100,000	200,000	100,000
Internal Revenue Service (IRS) [Member]
Operating Loss Carryforward [Abstract]
Operating loss carryforwards	120,300,000
Internal Revenue Service (IRS) [Member] \| Research Tax Credit Carryforward [Member]
Operating Loss Carryforward [Abstract]
Tax credit carryfoward amount	3,100,000
Foreign Tax Authority [Member]
Operating Loss Carryforward [Abstract]
Operating loss carryforwards	40,200,000
Operating loss carryforward not subject to expiration	400,000
State and Local Jurisdiction [Member]
Operating Loss Carryforward [Abstract]
Operating loss carryforwards	190,400,000
Tax credit carryfoward amount	$ 2,600,000

EARNINGS PER SHARE (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended								12 Months Ended			3 Months Ended	12 Months Ended
	Oct. 28, 2012	Jul. 29, 2012	Apr. 29, 2012	Jan. 29, 2012	Oct. 30, 2011	Jul. 31, 2011	May 01, 2011	Jan. 30, 2011	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010	Jan. 27, 2013 Subsequent Event [Member]	Oct. 28, 2012 Convertible Notes [Member]	Oct. 30, 2011 Convertible Notes [Member]	Oct. 31, 2010 Convertible Notes [Member]	Oct. 28, 2012 Common Stock Warrants [Member]	Oct. 30, 2011 Common Stock Warrants [Member]	Oct. 31, 2010 Common Stock Warrants [Member]	Oct. 28, 2012 Share-based Payment Awards [Member]	Oct. 30, 2011 Share-based Payment Awards [Member]	Oct. 31, 2010 Share-based Payment Awards [Member]
Calculation of basic and diluted earnings (loss) per share [Abstract]
Net income (loss) attributable to Photronics, Inc. shareholders	$ 3,832	$ 10,950	$ 8,818	$ 4,268	$ 9,291	$ 11,265	$ (16,438)	$ 12,111	$ 27,868	$ 16,229	$ 23,922
Effect of dilutive securities [Abstract]
Interest expense on convertible notes, net of related tax effects									6,168	0	4,085
Gain related to common stock warrants fair value adjustment									(94)	0	0
Earnings for diluted earnings per share									$ 33,942	$ 16,229	$ 28,007
Weighted-average common shares computations [Abstract]
Weighted-average common shares used for basic earnings per share (in shares)									60,055,000	57,030,000	53,433,000
Effect of dilutive securities [Abstract]
Share-based payment awards (in shares)									767,000	1,145,000	996,000
Common stock warrants (in shares)									219,000	283,000	63,000
Convertible notes (in shares)									15,423,000	0	11,311,000
Dilutive potential common shares (in shares)									16,409,000	1,428,000	12,370,000
Weighted-average common shares used for diluted earnings per share (in shares)									76,464,000	58,458,000	65,803,000
Basic earnings (loss) per share (in dollars per share)	$ 0.06	$ 0.18	$ 0.15	$ 0.07	$ 0.16	$ 0.19	$ (0.3)	$ 0.23	$ 0.46	$ 0.28	$ 0.45
Diluted earnings (loss) per share (in dollars per share)	$ 0.06	$ 0.16	$ 0.14	$ 0.07	$ 0.14	$ 0.16	$ (0.3)	$ 0.20	$ 0.44	$ 0.28	$ 0.43
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares excluded (in shares)									2,587,000	16,614,000	3,429,000		0	13,994,000	0	0	213,000	745,000	2,587,000	2,407,000	2,684,000
Subsequent Event [Line Items]
Share-based payment awards issued after fiscal year 2012 (in shares)												500,000

SUBSIDIARY SHARE REPURCHASE (Details) (USD $) In Thousands, except Share data in Millions, unless otherwise specified	3 Months Ended								12 Months Ended												1 Months Ended
	Oct. 28, 2012	Jul. 29, 2012	Apr. 29, 2012	Jan. 29, 2012	Oct. 30, 2011	Jul. 31, 2011	May 01, 2011	Jan. 30, 2011	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010	Oct. 28, 2012 Additional Paid-in Capital [Member]	Oct. 30, 2011 Additional Paid-in Capital [Member]	Oct. 31, 2010 Additional Paid-in Capital [Member]	Oct. 28, 2012 Accumulated Other Comprehensive Income [Member]	Oct. 30, 2011 Accumulated Other Comprehensive Income [Member]	Oct. 31, 2010 Accumulated Other Comprehensive Income [Member]	Oct. 28, 2012 PSMC [Member]	Oct. 30, 2011 PSMC [Member]	Oct. 31, 2010 PSMC [Member]	Nov. 25, 2012 PSMC [Member] Subsequent Event [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Stock repurchased for retirement by PSMC (in shares)																		35.9	21.6		9.2
Stock repurchased for retirement by PSMC									$ 15,598	$ 9,878	$ 0							$ 15,598	$ 9,878		$ 4,200
Ownership percentage in PSMC (in hundredths)																		72.09%	62.25%	57.53%	75.11%
Effect of the change in the entity's ownership interest in PSMC [Abstract]
Net income (loss) attributable to Photronics, Inc. shareholders	3,832	10,950	8,818	4,268	9,291	11,265	(16,438)	12,111	27,868	16,229	23,922
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Repurchase of Shares by Subsidiary												1,985	(201)	0	(78)	0	0
Change from net income attributable to Photronics' Inc. shareholders and transfer to or from noncontrolling interest									$ 29,775	$ 16,028	$ 23,922

- Definition

This element represents the total net income attributable to the parent for the period and the effect of net changes during the period impacting the parent's ownership interest in a subsidiary as it relates to the total (consolidated) equity attributable to the parent. The changes to the parent's ownership interest in a subsidiary represented by this element did not result in a deconsolidation of the subsidiary from the consolidated financial statements.

+ References+ Details

- Definition

Represents the repurchase of equity (treasury stock) by a subsidiary during the period, thereby effecting a change in total (consolidated) equity attributable to the parent; but not deconsolidation by the parent.

+ References+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 19

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

- Definition

The cash outflow to return capital to noncontrolled interest, which generally occurs when noncontrolling shareholders reduce their ownership stake (in a subsidiary of the entity). This element does not include dividends paid to noncontrolling shareholders.

+ References+ Details

COMMITMENTS AND CONTINGENCIES (Details) (USD $) In Millions, unless otherwise specified	Oct. 28, 2012
COMMITMENTS AND CONTINGENCIES [Abstract]
Outstanding commitments for capital expenditure	$ 100
Recorded purchase commitments	7
Total unrecorded purchase commitments	$ 91

- Definition

Amount of the recorded obligation to transfer funds in the future for fixed or minimum amounts or quantities of goods or services at fixed or minimum prices (for example, as in take-or-pay contracts or throughput contracts).

+ References+ Details

GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended								12 Months Ended
	Oct. 28, 2012	Jul. 29, 2012	Apr. 29, 2012	Jan. 29, 2012	Oct. 30, 2011	Jul. 31, 2011	May 01, 2011	Jan. 30, 2011	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 104,218	$ 116,616	$ 117,451	$ 112,154	$ 122,159	$ 135,935	$ 133,103	$ 120,823	$ 450,439	$ 512,020	$ 425,554
Long-lived assets	380,808				368,680				380,808	368,680	369,814
Korea [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									161,154	171,327	143,371
Long-lived assets	120,628				119,855				120,628	119,855	131,802
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									135,170	158,005	123,753
Long-lived assets	177,614				159,845				177,614	159,845	134,349
Taiwan [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									109,232	122,070	101,189
Long-lived assets	72,185				77,367				72,185	77,367	88,323
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									40,653	46,613	41,850
Long-lived assets	10,262				10,879				10,262	10,879	14,182
All Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									4,230	14,005	15,391
Long-lived assets	119				734				119	734	1,158
IC [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									350,105	391,158	329,767
FPD [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									$ 100,334	$ 120,862	$ 95,787
Samsung Electronics Co., Ltd. [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Percent of net sales accounted for by significant customer									22.00%	20.00%	19.00%

- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

OTHER RELATED PARTY TRANSACTIONS (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Oct. 28, 2012	Oct. 30, 2011	Oct. 31, 2010
Information Technology Services Provider [Member]
Related Party Transaction [Line Items]
Expenses incurred for services provided by related party during the period	$ 1.8	$ 1.8	$ 2.6
Amount due currently to related party at end of period	0.2	0.2
Amount of future services contracted for with related party	3.6
Photomask Blank Supplier [Member]
Related Party Transaction [Line Items]
Amount due currently to related party at end of period	4.2	2.9
Purchases from related party	$ 20.1	$ 21.4	$ 21.9

- Definition

Amount for accounts payable to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k)(1))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Subparagraph 1

-Article 4

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 2

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

FAIR VALUE MEASUREMENTS (Details) (USD $) In Thousands, unless otherwise specified	Oct. 28, 2012	Oct. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		$ 1,147
Fair Value [Member] \| 3.25% Convertible Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible senior notes	110,239	109,260
Fair Value [Member] \| 5.5% convertible senior notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible senior notes	27,755	32,791
Carrying Value [Member] \| 3.25% Convertible Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible senior notes	115,000	115,000
Carrying Value [Member] \| 5.5% convertible senior notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible senior notes	22,054	22,054
Common stock warrants (liability) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		1,147
Quoted Prices in Active Markets for Identical Instruments (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		0
Quoted Prices in Active Markets for Identical Instruments (Level 1) [Member] \| Common stock warrants (liability) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		1,147
Significant Other Observable Inputs (Level 2) [Member] \| Common stock warrants (liability) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		1,147
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		0
Significant Unobservable Inputs (Level 3) [Member] \| Common stock warrants (liability) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		$ 0

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) (USD $)

3 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Oct. 28, 2012

Jul. 29, 2012

Apr. 29, 2012

Jan. 29, 2012

Oct. 30, 2011

Jul. 31, 2011

May 01, 2011

Jan. 30, 2011

Oct. 28, 2012

Oct. 30, 2011

Oct. 31, 2010

Jun. 30, 2011

5.50% convertible senior notes due on October 1, 2014 [Member]

Mar. 31, 2011

5.50% convertible senior notes due on October 1, 2014 [Member]

Oct. 30, 2011

5.50% convertible senior notes due on October 1, 2014 [Member]

Selected Quarterly Financial Data (Unaudited) [Abstract]

Net sales

$ 104,218,000

$ 116,616,000

$ 117,451,000

$ 112,154,000

$ 122,159,000

$ 135,935,000

$ 133,103,000

$ 120,823,000

$ 450,439,000

$ 512,020,000

$ 425,554,000

Gross Profit

24,297,000

^[1]

32,304,000

29,861,000

^[2]

25,458,000

^[3],[4]

30,893,000

^[5]

38,240,000

^[5],[6]

36,486,000

^[7],[8]

30,594,000

^[9]

111,920,000

^{[1],[2],[3],[4]}

136,214,000

^[10],[11]

Net income (loss)

4,217,000

11,267,000

9,530,000

4,841,000

9,035,000

12,622,000

(15,033,000)

13,584,000

29,855,000

20,208,000

25,082,000

Net income (loss) attributable to Photronics, Inc. shareholders

3,832,000

10,950,000

8,818,000

4,268,000

9,291,000

11,265,000

(16,438,000)

12,111,000

27,868,000

16,229,000

23,922,000

Earnings per share:

Basic (in dollars per share)

$ 0.06

$ 0.18

$ 0.15

$ 0.07

$ 0.16

$ 0.19

$ (0.3)

$ 0.23

$ 0.46

$ 0.28

$ 0.45

Diluted (in dollars per share)

$ 0.06

$ 0.16

$ 0.14

$ 0.07

$ 0.14

$ 0.16

$ (0.3)

$ 0.20

$ 0.44

$ 0.28

$ 0.43

Subsequent measurement of common stock warrants at fair value, net of tax

100,000

200,000

(700,000)

(100,000)

(400,000)

Debt Instrument [Line Items]

Debt extinguishment loss net of tax

(5,000,000)

(30,300,000)

(35,300,000)

Face amount of debt repurchased

5,000,000

30,400,000

35,400,000

Consolidation and restructuring charges (credits)

$ 200,000

$ 100,000

$ 1,100,000

$ 1,428,000

$ 0

$ (4,979,000)

[1]	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.
[2]	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.
[3]	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.
[4]	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.
[5]	Includes non-cash gain of $0.2 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.
[6]	Includes debt extinguishment loss of $5.0 million, net of tax, in connection with the acquisition of $5.0 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014.
[7]	Includes non-cash loss of $0.7 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.
[8]	Includes debt extinguishment loss of $30.3 million, net of tax, in connection with the acquisition of $30.4 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014.
[9]	Includes non-cash loss of $0.1 million, net of tax, in connection with subsequent measurement at fair value of warrants issued to purchase the Company's stock.
[10]	Includes non-cash loss of $0.4 million, net of tax, in connection with subsequent measurement at fair value of warrants used to purchase the Company's stock.
[11]	Includes debt extinguishment loss of $35.3 million, net of tax, in connection with the acquisition of $35.4 million principal amount of the Company's 5.5% convertible senior notes, with original maturity date of October 2014

Schedule II-Valuation and Qualifying Accounts (Details) (USD $)
In Thousands, unless otherwise specified

12 Months Ended

Oct. 28, 2012

Oct. 30, 2011

Oct. 31, 2010

Allowance for Doubtful Accounts [Member]

Movement in Valuation Allowance and Qualifying Accounts [Roll Forward]

Balance at Beginning of Year

$ 4,055

$ 4,235

$ 2,669

Charged to Costs and Expenses

(203)

298

1,975

Deductions

^[1]

(478)

^[1]

(409)

^[1]

Balance at End of Year

3,902

4,055

4,235

Deferred Tax Asset Valuation Allowance [Member]

Movement in Valuation Allowance and Qualifying Accounts [Roll Forward]

Balance at Beginning of Year

53,063

61,303

50,449

Charged to Costs and Expenses

3,331

20,419

Deductions

(858)

^[2]

(8,240)

^[2]

(9,565)

^[3]

Balance at End of Year

$ 55,536

$ 53,063

$ 61,303

[1]	Uncollectible accounts written off or recovered and impact of foreign currency translation.
[2]	Primarily due to utilization of net operating losses and expiration of investment tax credit.
[3]	Primarily due to reversal of valuation allowance for Shanghai, China, facility closure and impact of reduced income tax rates in Taiwan.

RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	12 Months Ended
RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	Oct. 28, 2012
RECENT ACCOUNTING PRONOUNCEMENTS [Abstract]
Recent Accounting Pronouncements	In June 2011, the FASB issued ASU No. 2011-05, Presentation of Comprehensive Income ("ASU 2011-05"). ASU 2011-05 requires companies to present the components of net income and other comprehensive income either as one continuous statement or as two consecutive statements. It eliminates the option to present components of other comprehensive income as part of the statement of changes in stockholders' equity. ASU 2011-05 is effective for interim and annual periods beginning after December 15,2011 and is applied retrospectively. The Company has adopted this update and presented the Consolidated Statements of Comprehensive Income immediately following the Consolidated Statements of lncome. There have been no recent accounting pronouncements whose adoption would affect the Company's financial statements or related disclosures.