10-Q Filing

NOVANTA INC CIK: 1076930 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-020214`
Period End Date	20180630
Filing Date	20180808
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	novt-20180629.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 85 Cash Flow Statement 69 Comprehensive Income 28

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$554.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$347.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.26M	USD	Point-in-time
Common shares, no par value	`CommonStockNoParValue`	-	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`	$100.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$89.13M	USD	Point-in-time
Accounts receivable, net of allowance of $347 and $554, respectively	`AccountsReceivableNetCurrent`	$81.48M	USD	Point-in-time
Common shares, Issued	`CommonStockSharesIssued`	34.59M	shares	Point-in-time
Common shares, Issued	`CommonStockSharesIssued`	34.67M	shares	Point-in-time
Accounts receivable, net of allowance of $347 and $554, respectively	`AccountsReceivableNetCurrent`	$76.75M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	34.67M	shares	Point-in-time
Inventories	`InventoryNet`	$91.28M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	34.59M	shares	Point-in-time
Inventories	`InventoryNet`	$96.38M	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`	$6.48M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.88M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$287.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$295.74M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$64.66M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$61.72M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$6.75M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$7.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.02M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$154.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$155.05M	USD	Point-in-time
Goodwill	`Goodwill`	$210.99M	USD	Point-in-time
Goodwill	`Goodwill`	$218.32M	USD	Point-in-time
Total assets	`Assets`	$741.76M	USD	Point-in-time
Total assets	`Assets`	$726.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.12M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.51M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.94M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.19M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$43.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$39.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$93.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$228.31M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$225.50M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesGrossNoncurrent`	$25.67M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesGrossNoncurrent`	$25.54M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$3.75M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$3.95M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$368.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$365.79M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$51.61M	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: 34,671 and 34,595, respectively	`CommonStockValue`	$423.86M	USD	Point-in-time
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 34,671 and 34,595, respectively	`CommonStockValue`	$423.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$31.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-112.17M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-127.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.12M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$324.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$311.55M	USD	Point-in-time
Total liabilities, noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$726.70M	USD	Point-in-time
Total liabilities, noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$741.76M	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$119.10M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$150.40M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$228.08M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$297.37M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$85.17M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$128.49M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$169.98M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$65.61M	USD	1 Quarter
Gross profit	`GrossProfit`	$53.49M	USD	1 Quarter
Gross profit	`GrossProfit`	$127.39M	USD	2 Qtrs
Gross profit	`GrossProfit`	$65.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$99.58M	USD	2 Qtrs
Research and development and engineering	`ResearchAndDevelopmentExpense`	$24.54M	USD	2 Qtrs
Research and development and engineering	`ResearchAndDevelopmentExpense`	$9.00M	USD	1 Quarter
Research and development and engineering	`ResearchAndDevelopmentExpense`	$12.55M	USD	1 Quarter
Research and development and engineering	`ResearchAndDevelopmentExpense`	$18.22M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.81M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$58.45M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$29.23M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$46.68M	USD	2 Qtrs
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$3.35M	USD	1 Quarter
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$3.89M	USD	1 Quarter
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$7.59M	USD	2 Qtrs
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$6.20M	USD	2 Qtrs
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$2.44M	USD	1 Quarter
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$2.46M	USD	2 Qtrs
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$1.58M	USD	1 Quarter
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$2.40M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$37.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$73.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$48.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$93.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$26.09M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$34.34M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$17.11M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$15.75M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-1.44M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-2.76M	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-2.56M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-4.92M	USD	2 Qtrs
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$486.00K	USD	1 Quarter
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$485.00K	USD	2 Qtrs
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-230.00K	USD	2 Qtrs
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$177.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-150.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-119.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-87.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-46.00K	USD	1 Quarter
Gain on acquisition of business	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$26.41M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.69M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.11M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.68M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.07M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$4.64M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$5.80M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$3.06M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$4.69M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$11.62M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$44.26M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$9.99M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$24.46M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$610.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$625.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$588.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$1.55M	USD	2 Qtrs
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$11.00M	USD	1 Quarter
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$43.65M	USD	2 Qtrs
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$22.91M	USD	2 Qtrs
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$9.40M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.15	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.16	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.51	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.16	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.50	USD	2 Qtrs
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.83M	shares	1 Quarter
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.92M	shares	2 Qtrs
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.95M	shares	1 Quarter
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.80M	shares	2 Qtrs
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.29M	shares	2 Qtrs
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.45M	shares	2 Qtrs
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.47M	shares	1 Quarter
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.46M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$11.62M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$44.26M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$9.99M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$24.46M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$18.19M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.58M	USD	2 Qtrs
Provision for inventory excess and obsolescence	`InventoryWriteDown`	$1.17M	USD	2 Qtrs
Provision for inventory excess and obsolescence	`InventoryWriteDown`	$1.44M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.79M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.78M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.22M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.50M	USD	2 Qtrs
Earnings from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$104.00K	USD	2 Qtrs
Gain on acquisition of business	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$26.41M	USD	2 Qtrs
Inventory acquisition fair value adjustment	`InventoryAcquisitionFairValueAdjustment`	$1.03M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.13M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-278.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.53M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.36M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.54M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.91M	USD	2 Qtrs
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidIncomeTaxesIncomeTaxesReceivablePrepaidDeferredExpenseAndOtherAssets`	$619.00K	USD	2 Qtrs
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidIncomeTaxesIncomeTaxesReceivablePrepaidDeferredExpenseAndOtherAssets`	$2.03M	USD	2 Qtrs
Accounts payable, income taxes payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-5.09M	USD	2 Qtrs
Accounts payable, income taxes payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$9.41M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-185.00K	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$555.00K	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.52M	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.37M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.26M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.12M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired and working capital adjustments	`PaymentsToAcquireBusinessesNetOfCashAcquiredAndWorkingCapitalAdjustments`	$34.80M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired and working capital adjustments	`PaymentsToAcquireBusinessesNetOfCashAcquiredAndWorkingCapitalAdjustments`	$27.45M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.00K	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-72.00K	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.63M	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.91M	USD	2 Qtrs
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfDebt`	$30.27M	USD	2 Qtrs
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfDebt`	$42.00M	USD	2 Qtrs
Repayments of long-term debt and revolving credit facility	`RepaymentsOfDebt`	$8.75M	USD	2 Qtrs
Repayments of long-term debt and revolving credit facility	`RepaymentsOfDebt`	$21.83M	USD	2 Qtrs
Payments of contingent considerations	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$2.40M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$370.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.93M	USD	2 Qtrs
Payments of withholding taxes from stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.37M	USD	2 Qtrs
Payments of withholding taxes from stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.79M	USD	2 Qtrs
Capital lease payments	`RepaymentsOfCapitalLeaseObligations`	$284.00K	USD	2 Qtrs
Capital lease payments	`RepaymentsOfCapitalLeaseObligations`	$400.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-148.00K	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.71M	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.29M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.24M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.11M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$21.02M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.20M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$107.26M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.11M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$89.13M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$107.26M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$68.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$89.13M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$4.42M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.86M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$12.04M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$9.75M	USD	2 Qtrs
Income tax refunds received	`ProceedsFromIncomeTaxRefunds`	$599.00K	USD	2 Qtrs
Income tax refunds received	`ProceedsFromIncomeTaxRefunds`	$185.00K	USD	2 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$11.62M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$44.26M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$9.99M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$24.46M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.59M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.99M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.03M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.66M	USD	1 Quarter
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$117.00K	USD	1 Quarter
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-871.00K	USD	1 Quarter
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-88.00K	USD	2 Qtrs
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-755.00K	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.24M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.12M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.79M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.47M	USD	1 Quarter
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.46M	USD	1 Quarter
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.83M	USD	1 Quarter
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$49.38M	USD	2 Qtrs
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.23M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.55M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$610.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$588.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$625.00K	USD	1 Quarter
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$6.21M	USD	1 Quarter
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$21.67M	USD	2 Qtrs
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$48.77M	USD	2 Qtrs
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$12.87M	USD	1 Quarter

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