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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenue $ 614,337 $ 521,290 $ 384,758
Cost of revenue 352,809 300,759 222,306
Gross profit 261,528 220,531 162,452
Operating expenses:      
Research and development and engineering 51,024 41,673 32,002
Selling, general and administrative 115,900 101,654 81,299
Amortization of purchased intangible assets 15,550 12,096 8,251
Restructuring, acquisition and divestiture related costs 8,041 7,542 7,945
Total operating expenses 190,515 162,965 129,497
Operating income 71,013 57,566 32,955
Interest income (expense), net (9,814) (7,165) (4,559)
Foreign exchange transaction gains (losses), net 147 (447) 2,317
Other income (expense), net (44) (229) 1,809
Gain on acquisition of business   26,409  
Income before income taxes 61,302 76,134 32,522
Income tax provision 10,207 13,827 10,519
Consolidated net income 51,095 62,307 22,003
Less: Net income attributable to noncontrolling interest (1,986) (2,256)  
Net income attributable to Novanta Inc. $ 49,109 $ 60,051 $ 22,003
Earnings per common share attributable to Novanta Inc. (Note 10):      
Basic $ 1.46 $ 1.14 $ 0.63
Diluted $ 1.43 $ 1.13 $ 0.63
Weighted average common shares outstanding—basic 34,913 34,817 34,694
Weighted average common shares outstanding—diluted 35,473 35,280 34,914