A fluid catalytic cracking apparatus and process is disclosed, providing for efficient conversion of heavy hydrocarbon feeds to light olefins, aromatics, and gasoline. A countercurrent flow reactor operating in bubbling or turbulent fluidization regimes is integrated with a fluid catalytic cracking riser reactor. A heavy hydrocarbon feed is catalytically cracked to naphtha and light olefins in the riser reactor, a co-current flow reactor. To enhance the yields and selectivity to light olefins, cracked hydrocarbon products from the riser reactor, such as C4 and naphtha range hydrocarbons, may be recycled and processed in the countercurrent flow reactor. The integration of the countercurrent flow reactor with a conventional FCC riser reactor and catalyst regeneration system may overcome heat balance issues commonly associated with two-stage cracking processes, may substantially increase the overall conversion and light olefins yield, and/or may increases the capability to process heavier feedstocks.