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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jul. 01, 2016
Jun. 30, 2017
Jul. 01, 2016
Income Statement [Abstract]        
Revenue $ 119,102 $ 97,734 $ 228,076 $ 188,050
Cost of revenue 65,613 56,238 128,493 109,662
Gross profit 53,489 41,496 99,583 78,388
Operating expenses:        
Research and development and engineering 9,004 8,016 18,219 16,068
Selling, general and administrative 23,941 20,198 46,942 41,385
Amortization of purchased intangible assets 3,347 1,979 6,196 4,087
Restructuring, acquisition and divestiture related costs 1,581 3,705 2,398 6,663
Total operating expenses 37,873 33,898 73,755 68,203
Operating income from continuing operations 15,616 7,598 25,828 10,185
Interest income (expense), net (1,435) (1,205) (2,763) (2,390)
Foreign exchange transaction gains (losses), net 486 707 485 790
Other income (expense), net 12 270 108 1,013
Gain on acquisition of business     26,409  
Income from continuing operations before income taxes 14,679 7,370 50,067 9,598
Income tax provision 4,689 2,499 5,803 2,821
Income from continuing operations 9,990 4,871 44,264 6,777
Consolidated net income 9,990 4,871 44,264 6,777
Less: Net income attributable to noncontrolling interest (588)   (610)  
Net income attributable to Novanta Inc. $ 9,402 $ 4,871 $ 43,654 $ 6,777
Earnings per common share from continuing operations:        
Basic $ 0.16 $ 0.14 $ 1.15 $ 0.20
Diluted 0.16 0.14 1.13 0.19
Earnings per common share attributable to Novanta Inc.:        
Basic 0.16 0.14 1.15 0.20
Diluted $ 0.16 $ 0.14 $ 1.13 $ 0.19
Weighted average common shares outstanding—basic 34,827 34,734 34,796 34,696
Weighted average common shares outstanding—diluted 35,463 34,887 35,294 34,870