| Selected Financial Information of Operating Segment |
The following table presents selected financial information with respect to the Company’s single operating segment for the periods ended May 3, 2026 and May 4, 2025:
| |
|
Three Months Ended
|
|
|
Six Months Ended
|
|
| |
|
May 3, 2026
|
|
|
May 4, 2025
|
|
|
May 3, 2026
|
|
|
May 4, 2025
|
|
|
Revenue
|
|
$
|
209,940 |
|
|
$
|
210,992 |
|
|
$
|
435,006 |
|
|
$
|
423,130 |
|
|
Cost of goods sold
|
|
|
(144,183 |
)
|
|
|
(133,086 |
)
|
|
|
(290,547 |
)
|
|
|
(269,689 |
)
|
|
Gross Profit
|
|
|
65,757 |
|
|
|
77,906 |
|
|
|
144,459 |
|
|
|
153,441 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative expense
|
|
|
(20,756 |
)
|
|
|
(18,099 |
)
|
|
|
(42,067 |
)
|
|
|
(37,201 |
)
|
|
Research and development expense
|
|
|
(2,822 |
)
|
|
|
(4,090 |
)
|
|
|
(5,410 |
)
|
|
|
(8,346 |
)
|
|
Other operating income
|
|
|
- |
|
|
|
- |
|
|
|
56 |
|
|
|
- |
|
|
Operating Income
|
|
|
42,179 |
|
|
|
55,717 |
|
|
|
97,038 |
|
|
|
107,894 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net
|
|
|
11,677 |
|
|
|
(25,786 |
)
|
|
|
31,350 |
|
|
|
(805 |
)
|
|
Income tax provision
|
|
|
(10,606 |
)
|
|
|
(5,714 |
)
|
|
|
(24,961 |
)
|
|
|
(24,615 |
)
|
|
Net income attributable to noncontrolling interests
|
|
|
(11,821 |
)
|
|
|
(15,356 |
)
|
|
|
(29,059 |
)
|
|
|
(30,762 |
)
|
|
Net income attributable to Photronics, Inc. shareholders
|
|
$
|
31,429 |
|
|
$
|
8,861 |
|
|
$
|
74,368 |
|
|
$
|
51,712 |
|
|