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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2018
Sep. 29, 2017
Sep. 28, 2018
Sep. 29, 2017
Income Statement [Abstract]        
Revenue $ 160,794 $ 146,296 $ 458,159 $ 374,372
Cost of revenue 91,160 87,589 261,137 216,082
Gross profit 69,634 58,707 197,022 158,290
Operating expenses:        
Research and development and engineering 13,204 11,659 37,744 29,878
Selling, general and administrative 29,147 27,590 87,598 74,274
Amortization of purchased intangible assets 3,947 3,217 11,538 9,413
Restructuring, acquisition and divestiture related costs 2,341 3,834 4,805 6,232
Total operating expenses 48,639 46,300 141,685 119,797
Operating income 20,995 12,407 55,337 38,493
Interest income (expense), net (2,396) (2,111) (7,315) (4,874)
Foreign exchange transaction gains (losses), net 66 (661) (164) (176)
Other income (expense), net (44) (138) (131) (288)
Gain on acquisition of business       26,409
Income before income taxes 18,621 9,497 47,727 59,564
Income tax provision 3,632 1,131 8,276 6,934
Consolidated net income 14,989 8,366 39,451 52,630
Less: Net income attributable to noncontrolling interest (435) (834) (1,986) (1,444)
Net income attributable to Novanta Inc. $ 14,554 $ 7,532 $ 37,465 $ 51,186
Earnings (loss) per common share attributable to Novanta Inc. (Note 5):        
Basic $ 0.61 $ 0.00 $ 1.12 $ 1.15
Diluted $ 0.60 $ 0.00 $ 1.11 $ 1.13
Weighted average common shares outstanding—basic 34,899 34,833 34,918 34,809
Weighted average common shares outstanding—diluted 35,485 34,833 35,469 35,235