10-Q Filing

NOVANTA INC CIK: 1076930 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-027107`
Period End Date	20180930
Filing Date	20181106
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	novt-20180928.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 85 Cash Flow Statement 71 Comprehensive Income 28

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$323.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$554.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$111.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.06M	USD	Point-in-time
Common shares, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.15M	USD	Point-in-time
Common shares, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common shares, Issued	`CommonStockSharesIssued`	34.92M	shares	Point-in-time
Accounts receivable, net of allowance of $323 and $554, respectively	`AccountsReceivableNetCurrent`	$81.48M	USD	Point-in-time
Accounts receivable, net of allowance of $323 and $554, respectively	`AccountsReceivableNetCurrent`	$88.92M	USD	Point-in-time
Common shares, Issued	`CommonStockSharesIssued`	34.59M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	34.59M	shares	Point-in-time
Inventories	`InventoryNet`	$91.28M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	34.92M	shares	Point-in-time
Inventories	`InventoryNet`	$98.92M	USD	Point-in-time
Prepaid income taxes and income taxes receivable	`PrepaidIncomeTaxesAndIncomeTaxesReceivableCurrent`	$4.00M	USD	Point-in-time
Prepaid income taxes and income taxes receivable	`PrepaidIncomeTaxesAndIncomeTaxesReceivableCurrent`	$4.39M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.53M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$313.17M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$287.88M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$66.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$61.72M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$7.05M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$8.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.02M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.58M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$155.05M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$150.65M	USD	Point-in-time
Goodwill	`Goodwill`	$210.99M	USD	Point-in-time
Goodwill	`Goodwill`	$219.77M	USD	Point-in-time
Total assets	`Assets`	$726.70M	USD	Point-in-time
Total assets	`Assets`	$759.44M	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`	$48.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.79M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$48.66M	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`	$108.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$225.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$247.29M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesGrossNoncurrent`	$25.67M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesGrossNoncurrent`	$24.92M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$3.75M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$4.31M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.14M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$14.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$368.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$399.76M	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`	$46.92M	USD	Point-in-time
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 34,916 and 34,595, respectively	`CommonStockValue`	$423.86M	USD	Point-in-time
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 34,916 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`	$45.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-127.74M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-90.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.88M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$311.55M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$359.68M	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`	$759.44M	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.79M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$374.37M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$458.16M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$146.30M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$87.59M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$91.16M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$216.08M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$261.14M	USD	3 Qtrs
Gross profit	`GrossProfit`	$158.29M	USD	3 Qtrs
Gross profit	`GrossProfit`	$69.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$58.71M	USD	1 Quarter
Gross profit	`GrossProfit`	$197.02M	USD	3 Qtrs
Research and development and engineering	`ResearchAndDevelopmentExpense`	$37.74M	USD	3 Qtrs
Research and development and engineering	`ResearchAndDevelopmentExpense`	$11.66M	USD	1 Quarter
Research and development and engineering	`ResearchAndDevelopmentExpense`	$13.20M	USD	1 Quarter
Research and development and engineering	`ResearchAndDevelopmentExpense`	$29.88M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$74.27M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$29.15M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$87.60M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.59M	USD	1 Quarter
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$9.41M	USD	3 Qtrs
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$3.22M	USD	1 Quarter
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$3.95M	USD	1 Quarter
Amortization of purchased intangible assets	`AmortizationOfIntangibleAssets`	$11.54M	USD	3 Qtrs
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$6.23M	USD	3 Qtrs
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$2.34M	USD	1 Quarter
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$3.83M	USD	1 Quarter
Restructuring, acquisition and divestiture related costs	`RestructuringChargesAcquisitionAndDivestitureRelatedCostsBenefits`	$4.80M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$141.69M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$46.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$119.80M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$48.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$21.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$38.49M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$55.34M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$12.41M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-2.40M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-4.87M	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-7.32M	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-2.11M	USD	1 Quarter
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-176.00K	USD	3 Qtrs
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-164.00K	USD	3 Qtrs
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$66.00K	USD	1 Quarter
Foreign exchange transaction gains (losses), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-661.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-131.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-138.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-288.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-44.00K	USD	1 Quarter
Gain on acquisition of business	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$26.41M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.73M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.62M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.50M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.56M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$1.13M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$8.28M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$6.93M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$3.63M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$52.63M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$8.37M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$14.99M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$39.45M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$435.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$834.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$1.44M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`IncomeLossAttributableToNoncontrollingInterest`	$1.99M	USD	3 Qtrs
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$51.19M	USD	3 Qtrs
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$14.55M	USD	1 Quarter
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$7.53M	USD	1 Quarter
Net income attributable to Novanta Inc.	`NetIncomeLoss`	$37.47M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.15	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.12	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.13	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.11	USD	3 Qtrs
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.83M	shares	1 Quarter
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.90M	shares	1 Quarter
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.92M	shares	3 Qtrs
Weighted average common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	34.81M	shares	3 Qtrs
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.83M	shares	1 Quarter
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.23M	shares	3 Qtrs
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.47M	shares	3 Qtrs
Weighted average common shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.48M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$52.63M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$8.37M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$14.99M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$39.45M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$27.39M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$22.44M	USD	3 Qtrs
Provision for inventory excess and obsolescence	`InventoryWriteDown`	$1.84M	USD	3 Qtrs
Provision for inventory excess and obsolescence	`InventoryWriteDown`	$1.76M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.22M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.47M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.31M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.91M	USD	3 Qtrs
Earnings from equity-method investment	`IncomeLossFromEquityMethodInvestments`	$104.00K	USD	3 Qtrs
Gain on acquisition of business	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$26.41M	USD	3 Qtrs
Inventory acquisition fair value adjustment	`InventoryAcquisitionFairValueAdjustment`	$4.75M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.30M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-510.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.86M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.75M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.81M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$9.04M	USD	3 Qtrs
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidIncomeTaxesIncomeTaxesReceivablePrepaidDeferredExpenseAndOtherAssets`	$-1.23M	USD	3 Qtrs
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidIncomeTaxesIncomeTaxesReceivablePrepaidDeferredExpenseAndOtherAssets`	$5.81M	USD	3 Qtrs
Accounts payable, income taxes payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$5.97M	USD	3 Qtrs
Accounts payable, income taxes payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$10.10M	USD	3 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$105.00K	USD	3 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$972.00K	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$67.72M	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.29M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.64M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.50M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired and working capital adjustments	`PaymentsToAcquireBusinessesNetOfCashAcquiredAndWorkingCapitalAdjustments`	$168.33M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired and working capital adjustments	`PaymentsToAcquireBusinessesNetOfCashAcquiredAndWorkingCapitalAdjustments`	$29.60M	USD	3 Qtrs
Acquisition of assets	`PaymentsToAcquireAssets`	$1.23M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-213.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-44.00K	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-174.79M	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.26M	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfDebt`	$55.25M	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromIssuanceOfDebt`	$176.77M	USD	3 Qtrs
Repayments of long-term debt and revolving credit facility	`RepaymentsOfDebt`	$29.06M	USD	3 Qtrs
Repayments of long-term debt and revolving credit facility	`RepaymentsOfDebt`	$15.62M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$638.00K	USD	3 Qtrs
Payments of contingent considerations	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$2.55M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$370.00K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.77M	USD	3 Qtrs
Payments of withholding taxes from stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.48M	USD	3 Qtrs
Payments of withholding taxes from stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.85M	USD	3 Qtrs
Capital lease payments	`RepaymentsOfCapitalLeaseObligations`	$646.00K	USD	3 Qtrs
Capital lease payments	`RepaymentsOfCapitalLeaseObligations`	$420.00K	USD	3 Qtrs
Acquisition of noncontrolling interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$30.80M	USD	3 Qtrs
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$155.10M	USD	3 Qtrs
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.27M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.45M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.43M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$24.04M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.76M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.11M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$111.81M	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`	$92.15M	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`	$111.81M	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`	$92.15M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$6.72M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.51M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$18.05M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$15.17M	USD	3 Qtrs
Income tax refunds received	`ProceedsFromIncomeTaxRefunds`	$185.00K	USD	3 Qtrs
Income tax refunds received	`ProceedsFromIncomeTaxRefunds`	$2.25M	USD	3 Qtrs

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$52.63M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$8.37M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$14.99M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$39.45M	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.31M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.34M	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-490.00K	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.48M	USD	3 Qtrs
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-223.00K	USD	1 Quarter
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-43.00K	USD	3 Qtrs
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$45.00K	USD	1 Quarter
Pension liability adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-978.00K	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-267.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$8.38M	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.50M	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.27M	USD	1 Quarter
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.63M	USD	1 Quarter
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$61.01M	USD	3 Qtrs
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.72M	USD	1 Quarter
Total consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$37.95M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$435.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$834.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.44M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.99M	USD	3 Qtrs
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$10.80M	USD	1 Quarter
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$59.57M	USD	3 Qtrs
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$14.29M	USD	1 Quarter
Comprehensive income attributable to Novanta Inc.	`ComprehensiveIncomeNetOfTax`	$35.96M	USD	3 Qtrs

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