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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement Of Income And Comprehensive Income [Abstract]      
Consolidated net income $ 44,521 [1] $ 40,773 [2] $ 51,095 [3]
Other comprehensive income (loss):      
Foreign currency translation adjustments, net of tax [4] 6,922 3,267 (4,172)
Pension liability adjustments, net of tax [5] (1,050) 1,147 (475)
Total other comprehensive income (loss) 5,872 4,414 (4,647)
Total consolidated comprehensive income 50,393 45,187 46,448
Less: Comprehensive income attributable to noncontrolling interest     (1,986)
Comprehensive income attributable to Novanta Inc. $ 50,393 $ 45,187 $ 44,462
[1] For the year ended December 31, 2020, 45 non-GAAP EPS performance-based restricted stock units granted to certain members of the executive management team and 213 shares of restricted stock issued to Laser Quantum former non-controlling interest shareholders are considered contingently issuable shares and were excluded from the calculation of the denominator as the contingent conditions had not been met as of December 31, 2020.
[2] For the year ended December 31, 2019, 46 non-GAAP EPS performance-based restricted stock units granted to certain members of the executive management team and 213 shares of restricted stock issued to Laser Quantum former non-controlling interest shareholders were considered contingently issuable shares and were excluded from the calculation of the denominator as the contingent conditions had not been met as of December 31, 2019.
[3] For the year ended December 31, 2018, 54 non-GAAP EPS performance-based restricted stock units granted to certain members of the executive management team and 213 shares of restricted stock issued to Laser Quantum former non-controlling interest shareholders were considered contingently issuable shares and were excluded from the calculation of the denominator as the contingent conditions had not been met as of December 31, 2018.
[4] The tax effect on this component of comprehensive income was $0, $3 and ($93) in 2020, 2019 and 2018, respectively.
[5] The tax effect on this component of comprehensive income was ($202), $267 and ($153) in 2020, 2019 and 2018, respectively.