10-K Filing

NOVANTA INC CIK: 1076930 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001564590-18-003687`
Period End Date	20171231
Filing Date	20180228
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	novt-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 82 Cash Flow Statement 136 Stockholders Equity 27 Comprehensive Income 25

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$554.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$565.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$282.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$500.00K	USD	Point-in-time
Common shares, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.11M	USD	Point-in-time
Common shares, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.15M	USD	Point-in-time
Accounts receivable, net of allowance of $554 and $565, respectively	`AccountsReceivableNetCurrent`	$81.48M	USD	Point-in-time
Accounts receivable, net of allowance of $554 and $565, respectively	`AccountsReceivableNetCurrent`	$57.19M	USD	Point-in-time
Common shares, Issued	`CommonStockSharesIssued`	34.59M	shares	Point-in-time
Common shares, Issued	`CommonStockSharesIssued`	34.46M	shares	Point-in-time
Accounts receivable, net of allowance of $554 and $565, respectively	`AccountsReceivableNetCurrent`	$63.77M	USD	Point-in-time
Inventories	`InventoryNet`	$59.57M	USD	Point-in-time
Inventories	`InventoryNet`	$91.28M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	34.46M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	34.59M	shares	Point-in-time
Inventories	`InventoryNet`	$59.74M	USD	Point-in-time
Prepaid income taxes and income taxes receivable	`PrepaidIncomeTaxesAndIncomeTaxesReceivableCurrent`	$2.51M	USD	Point-in-time
Prepaid income taxes and income taxes receivable	`PrepaidIncomeTaxesAndIncomeTaxesReceivableCurrent`	$4.39M	USD	Point-in-time
Prepaid income taxes and income taxes receivable	`PrepaidIncomeTaxesAndIncomeTaxesReceivableCurrent`	$2.06M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.68M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.57M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$199.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$287.88M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$35.42M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$61.72M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$40.55M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$8.59M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$7.05M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$7.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.02M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.67M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$66.27M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$155.05M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$61.74M	USD	Point-in-time
Goodwill	`Goodwill`	$210.99M	USD	Point-in-time
Goodwill	`Goodwill`	$103.46M	USD	Point-in-time
Goodwill	`Goodwill`	$108.13M	USD	Point-in-time
Total assets	`Assets`	$416.05M	USD	Point-in-time
Total assets	`Assets`	$726.70M	USD	Point-in-time
Total assets	`Assets`	$425.64M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.37M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.12M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.21M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.94M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.97M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$26.95M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$43.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$225.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$70.55M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesGrossNoncurrent`	$25.67M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesGrossNoncurrent`	$1.29M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$5.71M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$3.75M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.14M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$18.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$166.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$368.24M	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$46.92M	USD	Point-in-time
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 34,595 and 34,458, respectively	`CommonStockValue`	$423.86M	USD	Point-in-time
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 34,595 and 34,458, respectively	`CommonStockValue`	$423.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$30.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-167.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-127.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.71M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$311.55M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$258.87M	USD	Point-in-time
Total liabilities, noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$425.64M	USD	Point-in-time
Total liabilities, noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$726.70M	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$373.60M	USD	Annual
Revenue	`Revenues`	$384.76M	USD	Annual
Revenue	`Revenues`	$521.29M	USD	Annual
Cost of revenue	`CostOfRevenue`	$222.31M	USD	Annual
Cost of revenue	`CostOfRevenue`	$300.76M	USD	Annual
Cost of revenue	`CostOfRevenue`	$215.71M	USD	Annual
Gross profit	`GrossProfit`	$220.53M	USD	Annual
Gross profit	`GrossProfit`	$157.89M	USD	Annual
Gross profit	`GrossProfit`	$162.45M	USD	Annual
Research and development and engineering	`ResearchAndDevelopmentExpense`	$41.67M	USD	Annual
Research and development and engineering	`ResearchAndDevelopmentExpense`	$31.04M	USD	Annual
Research and development and engineering	`ResearchAndDevelopmentExpense`	$32.00M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$81.69M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$82.05M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$102.03M	USD	Annual
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$12.10M	USD	Annual
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$7.61M	USD	Annual
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$8.25M	USD	Annual
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$7.95M	USD	Annual
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$8.25M	USD	Annual
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$7.54M	USD	Annual
Total operating expenses	`OperatingExpenses`	$129.89M	USD	Annual
Total operating expenses	`OperatingExpenses`	$163.34M	USD	Annual
Total operating expenses	`OperatingExpenses`	$128.96M	USD	Annual
Operating income from continuing operations	`OperatingIncomeLoss`	$28.93M	USD	Annual
Operating income from continuing operations	`OperatingIncomeLoss`	$57.20M	USD	Annual
Operating income from continuing operations	`OperatingIncomeLoss`	$32.56M	USD	Annual
Interest income (expense), net	`InterestIncomeExpenseNet`	$-7.17M	USD	Annual
Interest income (expense), net	`InterestIncomeExpenseNet`	$-5.18M	USD	Annual
Interest income (expense), net	`InterestIncomeExpenseNet`	$-4.56M	USD	Annual
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-447.00K	USD	Annual
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-23.00K	USD	Annual
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.32M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$142.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.66M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.20M	USD	Annual
Gain on acquisition of business	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$26.41M	USD	Annual
Gain on disposal of business	`GainLossOnSaleOfBusiness`	$19.63M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.52M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$46.02M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$76.13M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$13.83M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$10.39M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$10.52M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$62.31M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$22.00M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$35.63M	USD	Annual
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-13.00K	USD	Annual
Consolidated net income	`ProfitLoss`	$35.62M	USD	Annual
Consolidated net income	`ProfitLoss`	$22.00M	USD	Annual
Consolidated net income	`ProfitLoss`	$62.31M	USD	Annual
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$2.26M	USD	Annual
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$35.62M	USD	Annual
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$60.05M	USD	Annual
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$22.00M	USD	Annual
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.14	USD	Annual
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.63	USD	Annual
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.03	USD	Annual
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.13	USD	Annual
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.02	USD	Annual
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.63	USD	Annual
Basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	Annual
Diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	Annual
Basic	`EarningsPerShareBasic`	$0.63	USD	Annual
Basic	`EarningsPerShareBasic`	$1.03	USD	Annual
Basic	`EarningsPerShareBasic`	$1.14	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.13	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.63	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.02	USD	Annual
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.82M	shares	Annual
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.58M	shares	Annual
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.69M	shares	Annual
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.91M	shares	Annual
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.83M	shares	Annual
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.28M	shares	Annual
Income from continuing operations	`IncomeLossFromContinuingOperations`	$22.00M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperations`	$60.05M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperations`	$35.63M	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-13.00K	USD	Annual
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$35.62M	USD	Annual
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$60.05M	USD	Annual
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$22.00M	USD	Annual

Cash Flow Statement 136 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$35.62M	USD	Annual
Consolidated net income	`ProfitLoss`	$22.00M	USD	Annual
Consolidated net income	`ProfitLoss`	$62.31M	USD	Annual
Less: Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-13.00K	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$62.31M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$22.00M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$35.63M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$30.76M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$20.36M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$19.11M	USD	Annual
Provision for inventory excess and obsolescence	`InventoryWriteDown`	$3.09M	USD	Annual
Provision for inventory excess and obsolescence	`InventoryWriteDown`	$1.93M	USD	Annual
Provision for inventory excess and obsolescence	`InventoryWriteDown`	$1.42M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$4.29M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$5.49M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$4.39M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.69M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.77M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.56M	USD	Annual
Earnings from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$2.66M	USD	Annual
Earnings from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$2.19M	USD	Annual
Earnings from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$104.00K	USD	Annual
Dividend from equity-method investment	`EquityMethodInvestmentDividendsOrDistributions`	$2.34M	USD	Annual
Gain on acquisition of business	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$26.41M	USD	Annual
Gain on disposal of business	`GainLossOnSaleOfBusiness`	$19.63M	USD	Annual
Gain on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$1.71M	USD	Annual
Gain on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-36.00K	USD	Annual
Gain on sale of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	Annual
Contingent consideration adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$430.00K	USD	Annual
Contingent consideration adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$425.00K	USD	Annual
Contingent consideration adjustments	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.27M	USD	Annual
Inventory acquisition fair value adjustment	`InventoryAcquisitionFairValueAdjustment`	$173.00K	USD	Annual
Inventory acquisition fair value adjustment	`InventoryAcquisitionFairValueAdjustment`	$215.00K	USD	Annual
Inventory acquisition fair value adjustment	`InventoryAcquisitionFairValueAdjustment`	$4.75M	USD	Annual
Non-cash interest expense	`NonCashInterestExpense`	$882.00K	USD	Annual
Non-cash interest expense	`NonCashInterestExpense`	$825.00K	USD	Annual
Non-cash interest expense	`NonCashInterestExpense`	$935.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-283.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-813.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-1.19M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.08M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.53M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.39M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$2.92M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$3.34M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$13.59M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-902.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.17M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.73M	USD	Annual
Prepaid income taxes and income taxes receivable	`IncreaseDecreaseInPrepaidIncomeTaxesAndIncomeTaxesReceivable`	$2.28M	USD	Annual
Prepaid income taxes and income taxes receivable	`IncreaseDecreaseInPrepaidIncomeTaxesAndIncomeTaxesReceivable`	$-462.00K	USD	Annual
Prepaid income taxes and income taxes receivable	`IncreaseDecreaseInPrepaidIncomeTaxesAndIncomeTaxesReceivable`	$-3.43M	USD	Annual
Accounts payable, income taxes payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$10.59M	USD	Annual
Accounts payable, income taxes payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$2.17M	USD	Annual
Accounts payable, income taxes payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$8.99M	USD	Annual
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$2.06M	USD	Annual
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$2.73M	USD	Annual
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$1.78M	USD	Annual
Cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$33.43M	USD	Annual
Cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$63.38M	USD	Annual
Cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$47.79M	USD	Annual
Cash used in operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-13.00K	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.42M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.79M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$63.38M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.09M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.46M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.55M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$25.99M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$8.96M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$168.33M	USD	Annual
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$3.98M	USD	Annual
Proceeds from sale of business, net of transaction costs	`ProceedsFromDivestitureOfBusinesses`	$29.57M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$46.00K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.04M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$127.00K	USD	Annual
Cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-177.38M	USD	Annual
Cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.84M	USD	Annual
Cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-14.36M	USD	Annual
Cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$1.50M	USD	Annual
Cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$209.00K	USD	Annual
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.87M	USD	Annual
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-177.38M	USD	Annual
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.63M	USD	Annual
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfDebt`	$176.77M	USD	Annual
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfDebt`	$13.00M	USD	Annual
Repayments of long-term debt and revolving credit facility	`RepaymentsOfDebt`	$26.93M	USD	Annual
Repayments of long-term debt and revolving credit facility	`RepaymentsOfDebt`	$16.25M	USD	Annual
Repayments of long-term debt and revolving credit facility	`RepaymentsOfDebt`	$30.50M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.52M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$655.00K	USD	Annual
Payments of withholding taxes from stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.09M	USD	Annual
Payments of withholding taxes from stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.94M	USD	Annual
Payments of withholding taxes from stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.79M	USD	Annual
Payments of contingent considerations	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$2.55M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.63M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$370.00K	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.63M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-467.00K	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-853.00K	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-993.00K	USD	Annual
Cash provided by (used in) financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-21.54M	USD	Annual
Cash provided by (used in) financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$143.33M	USD	Annual
Cash provided by (used in) financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.19M	USD	Annual
Cash provided by (used in) financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Cash provided by (used in) financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Cash provided by (used in) financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-21.54M	USD	Annual
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.19M	USD	Annual
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$143.33M	USD	Annual
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.58M	USD	Annual
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.62M	USD	Annual
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.44M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.15M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.81M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$31.95M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$59.96M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$100.06M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$68.11M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$51.15M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$59.96M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$100.06M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$68.11M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$51.15M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$2.92M	USD	Annual
Cash paid for interest	`InterestPaid`	$3.78M	USD	Annual
Cash paid for interest	`InterestPaid`	$5.83M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$10.69M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$14.06M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$21.12M	USD	Annual
Income tax refunds received	`ProceedsFromIncomeTaxRefunds`	$3.94M	USD	Annual
Income tax refunds received	`ProceedsFromIncomeTaxRefunds`	$337.00K	USD	Annual
Income tax refunds received	`ProceedsFromIncomeTaxRefunds`	$932.00K	USD	Annual
Accrual for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$1.60M	USD	Annual
Accrual for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$1.25M	USD	Annual
Accrual for capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$1.18M	USD	Annual

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$211.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$258.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$244.70M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$311.55M	USD	Point-in-time
Net income	`NetIncomeLoss`	$35.62M	USD	Annual
Net income	`NetIncomeLoss`	$60.05M	USD	Annual
Net income	`NetIncomeLoss`	$22.00M	USD	Annual
Adjustment of redeemable noncontrolling interest to estimated redemption value (Note 17)	`MinorityInterestChangeInRedemptionValue`	$-20.24M	USD	Annual
Common stock issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$181.00K	USD	Annual
Shares withheld for taxes on vested stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.94M	USD	Annual
Shares withheld for taxes on vested stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.79M	USD	Annual
Shares withheld for taxes on vested stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.09M	USD	Annual
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$1.63M	USD	Annual
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$370.00K	USD	Annual
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$1.63M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.07M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.29M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.49M	USD	Annual
Tax benefit (shortfalls) of vested stock awards	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$138.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$9.84M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.37M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-8.88M	USD	Annual
Dissolution of minority interest	`MinorityInterestDecreaseFromRedemptions`	$429.00K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$211.25M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$258.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$244.70M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$311.55M	USD	Point-in-time

Comprehensive Income 25 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments - Tax effect on component of comprehensive income	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$36.00K	USD	Annual
Consolidated net income	`ProfitLoss`	$35.62M	USD	Annual
Foreign currency translation adjustments - Tax effect on component of comprehensive income	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-94.00K	USD	Annual
Consolidated net income	`ProfitLoss`	$22.00M	USD	Annual
Consolidated net income	`ProfitLoss`	$62.31M	USD	Annual
Foreign currency translation adjustments - Tax effect on component of comprehensive income	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$193.00K	USD	Annual
Pension liability adjustments, tax effect on the component of comprehensive income	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$277.00K	USD	Annual
Pension liability adjustments, tax effect on the component of comprehensive income	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-462.00K	USD	Annual
Pension liability adjustments, tax effect on the component of comprehensive income	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$307.00K	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.52M	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.08M	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.91M	USD	Annual
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-926.00K	USD	Annual
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.71M	USD	Annual
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.36M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.84M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.37M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.88M	USD	Annual
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.12M	USD	Annual
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.24M	USD	Annual
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$72.14M	USD	Annual
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.26M	USD	Annual
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$33.24M	USD	Annual
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$69.89M	USD	Annual
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$13.12M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.