$NOVT
NOVANTA INC

2016 Q4 Form 10-K Financial Statement

#000156459017003421 Filed on March 06, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2016 2015 Q4
Revenue $98.90M $384.8M $92.27M
YoY Change 7.18% 2.99% -1.84%
Cost Of Revenue $56.00M $222.3M $52.36M
YoY Change 6.95% 3.06% -3.57%
Gross Profit $42.90M $162.5M $39.91M
YoY Change 7.49% 2.89% 0.53%
Gross Profit Margin 43.38% 42.22% 43.25%
Selling, General & Admin $19.30M $81.69M $19.98M
YoY Change -3.4% -0.44% -8.35%
% of Gross Profit 44.99% 50.29% 50.06%
Research & Development $8.000M $32.00M $7.693M
YoY Change 3.99% 3.09% -1.37%
% of Gross Profit 18.65% 19.7% 19.28%
Depreciation & Amortization $5.100M $20.97M $4.703M
YoY Change 8.44% 3.85% -25.35%
% of Gross Profit 11.89% 12.91% 11.78%
Operating Expenses $29.40M $129.9M $30.90M
YoY Change -4.86% 0.72% -4.91%
Operating Profit $13.50M $32.56M $9.007M
YoY Change 49.88% 12.55% 25.1%
Interest Expense $300.0K -$4.559M -$900.0K
YoY Change -133.33% -12.33% -18.18%
% of Operating Profit 2.22% -14.0% -9.99%
Other Income/Expense, Net $500.0K $2.201M $13.00K
YoY Change 3746.15% -17.35% -98.7%
Pretax Income $12.10M $32.52M $9.020M
YoY Change 34.15% -29.33% -126.3%
Income Tax $4.300M $10.52M $2.452M
% Of Pretax Income 35.54% 32.34% 27.18%
Net Earnings $7.800M $22.00M $6.568M
YoY Change 18.76% -38.22% -121.53%
Net Earnings / Revenue 7.89% 5.72% 7.12%
Basic Earnings Per Share $0.63 $0.19
Diluted Earnings Per Share $222.9K $0.63 $0.19
COMMON SHARES
Basic Shares Outstanding 34.44M 34.69M 34.60M
Diluted Shares Outstanding 34.91M 35.06M

Balance Sheet

Concept 2016 Q4 2016 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.10M $68.10M $80.10M
YoY Change -14.98% 13.5% 56.75%
Cash & Equivalents $68.11M $68.10M $59.96M
Short-Term Investments
Other Short-Term Assets $5.600M $5.600M $9.200M
YoY Change -39.13% -6.67% -21.37%
Inventory $59.75M $59.70M $59.57M
Prepaid Expenses
Receivables $63.77M $63.80M $57.19M
Other Receivables $2.000M $2.000M $5.600M
Total Short-Term Assets $199.3M $199.3M $185.2M
YoY Change 7.58% 7.61% 1.11%
LONG-TERM ASSETS
Property, Plant & Equipment $35.42M $35.40M $40.55M
YoY Change -12.65% -12.81% 1.15%
Goodwill $108.1M $103.5M
YoY Change 4.52% 14.01%
Intangibles $61.74M $66.27M
YoY Change -6.83% -1.45%
Long-Term Investments
YoY Change
Other Assets $12.50M $21.10M $12.67M
YoY Change -1.35% 2.43% -13.22%
Total Long-Term Assets $226.4M $226.3M $230.8M
YoY Change -1.93% -1.95% 6.99%
TOTAL ASSETS
Total Short-Term Assets $199.3M $199.3M $185.2M
Total Long-Term Assets $226.4M $226.3M $230.8M
Total Assets $425.6M $425.6M $416.0M
YoY Change 2.31% 2.31% 4.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.21M $32.20M $24.40M
YoY Change 32.02% 31.97% -4.65%
Accrued Expenses $18.20M $18.20M $13.50M
YoY Change 34.81% -14.15% 7.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.366M $7.400M $7.385M
YoY Change -0.26% 0.0% -1.53%
Total Short-Term Liabilities $70.50M $70.50M $56.95M
YoY Change 23.78% 23.68% 5.35%
LONG-TERM LIABILITIES
Long-Term Debt $70.55M $78.70M $88.43M
YoY Change -20.21% -19.36% -15.81%
Other Long-Term Liabilities $18.71M $16.30M $19.45M
YoY Change -3.76% 0.0% 3.33%
Total Long-Term Liabilities $89.27M $95.00M $107.9M
YoY Change -17.25% -16.59% -12.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $70.50M $70.50M $56.95M
Total Long-Term Liabilities $89.27M $95.00M $107.9M
Total Liabilities $166.8M $166.8M $171.3M
YoY Change -2.67% -2.63% -7.4%
SHAREHOLDERS EQUITY
Retained Earnings -$167.5M -$189.6M
YoY Change -11.61% -15.82%
Common Stock $454.1M $453.1M
YoY Change 0.23% 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $258.9M $258.9M $244.7M
YoY Change
Total Liabilities & Shareholders Equity $425.6M $425.6M $416.0M
YoY Change 2.31% 2.31% 4.98%

Cashflow Statement

Concept 2016 Q4 2016 2015 Q4
OPERATING ACTIVITIES
Net Income $7.800M $22.00M $6.568M
YoY Change 18.76% -38.22% -121.53%
Depreciation, Depletion And Amortization $5.100M $20.97M $4.703M
YoY Change 8.44% 3.85% -25.35%
Cash From Operating Activities $13.10M $47.79M $10.90M
YoY Change 20.18% 43.01% 26.74%
INVESTING ACTIVITIES
Capital Expenditures -$5.400M $8.462M -$2.000M
YoY Change 170.0% 52.41% 25.0%
Acquisitions $8.958M
YoY Change -65.53%
Other Investing Activities $0.00 -$400.0K -$1.100M
YoY Change -100.0% -110.26% 83.33%
Cash From Investing Activities -$5.500M -$12.87M -$3.100M
YoY Change 77.42% 687.81% 40.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.634M $1.000M
YoY Change 0.43%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.100M -23.19M -8.000M
YoY Change -73.75% 7.68% 9.59%
NET CHANGE
Cash From Operating Activities 13.10M 47.79M 10.90M
Cash From Investing Activities -5.500M -12.87M -3.100M
Cash From Financing Activities -2.100M -23.19M -8.000M
Net Change In Cash 5.500M 11.73M -200.0K
YoY Change -2850.0% 14.5% -77.78%
FREE CASH FLOW
Cash From Operating Activities $13.10M $47.79M $10.90M
Capital Expenditures -$5.400M $8.462M -$2.000M
Free Cash Flow $18.50M $39.33M $12.90M
YoY Change 43.41% 41.14% 26.47%

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CommonStockSharesOutstanding
34458000
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
34345000
CY2015 us-gaap Revenues
Revenues
373598000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
244701000
CY2015 us-gaap Cost Of Revenue
CostOfRevenue
215708000
CY2014 us-gaap Cost Of Revenue
CostOfRevenue
214539000
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13118000
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1281000
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-16909000
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
135000
CY2015 novt Non Cash Interest Expense
NonCashInterestExpense
935000
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-986000
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1407000
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6394000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7526000
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2917000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3338000
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1729000
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-902000
CY2016 novt Increase Decrease In Prepaid Income Taxes And Income Taxes Receivable
IncreaseDecreaseInPrepaidIncomeTaxesAndIncomeTaxesReceivable
-462000
CY2015 novt Increase Decrease In Prepaid Income Taxes And Income Taxes Receivable
IncreaseDecreaseInPrepaidIncomeTaxesAndIncomeTaxesReceivable
-3431000
CY2016 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
10590000
CY2015 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
2167000
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
1780000
CY2015 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
2065000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
47788000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
33429000
CY2014 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
10000
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.63
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.21
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
22003000
CY2015 us-gaap Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
Unlimited
CY2014 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
41442000
CY2015 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
19629000
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
35628000
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-13000
CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-5607000
CY2014 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1726000
CY2016 us-gaap Profit Loss
ProfitLoss
22003000
CY2015 us-gaap Profit Loss
ProfitLoss
35615000
CY2014 us-gaap Profit Loss
ProfitLoss
-24242000
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2016Q3 dei Entity Public Float
EntityPublicFloat
479741621
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59959000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
57188000
CY2015Q4 us-gaap Inventory Net
InventoryNet
59566000
CY2015Q4 novt Prepaid Income Taxes And Income Taxes Receivable Current
PrepaidIncomeTaxesAndIncomeTaxesReceivableCurrent
2510000
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21182000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
258870000
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
244701000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
425637000
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
565000
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
35628000
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-16909000
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-13000
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-7343000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
36000
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-462000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
242403000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4659000
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-374000
CY2016 us-gaap Interest Paid
InterestPaid
2917000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8462000
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7037000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-14363000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-23189000
CY2016 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3585000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8149000
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34914000
CY2015 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
13000000
CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
138000
CY2014 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
1666000
CY2014 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
214000
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1627000
CY2015 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
1941000
CY2015 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
429000
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
181000
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1634000
CY2016 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
1789000
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-13000
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-7333000
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
20357000
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
19114000
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23797000
CY2016 us-gaap Inventory Write Down
InventoryWriteDown
3091000
CY2015 us-gaap Inventory Write Down
InventoryWriteDown
1934000
CY2014 us-gaap Inventory Write Down
InventoryWriteDown
832000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
4293000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
4387000
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
4329000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1766000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1692000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6736000
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2191000
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2657000
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2700000
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2341000
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1707000
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1000
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-19000
CY2016 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1267000
CY2015 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
430000
CY2016 novt Non Cash Interest Expense
NonCashInterestExpense
882000
CY2014 novt Non Cash Interest Expense
NonCashInterestExpense
1379000
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1567000
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3526000
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
991000
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
527000
CY2014 novt Increase Decrease In Prepaid Income Taxes And Income Taxes Receivable
IncreaseDecreaseInPrepaidIncomeTaxesAndIncomeTaxesReceivable
206000
CY2014 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-4698000
CY2014 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
134000
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
43990000
CY2015 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-13000
CY2014 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-1701000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47788000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33416000
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
42289000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5552000
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5415000
CY2016 novt Payments To Acquire Businesses Net Of Cash Acquired And Escrow Recovery
PaymentsToAcquireBusinessesNetOfCashAcquiredAndEscrowRecovery
8958000
CY2015 novt Payments To Acquire Businesses Net Of Cash Acquired And Escrow Recovery
PaymentsToAcquireBusinessesNetOfCashAcquiredAndEscrowRecovery
25987000
CY2014 novt Payments To Acquire Businesses Net Of Cash Acquired And Escrow Recovery
PaymentsToAcquireBusinessesNetOfCashAcquiredAndEscrowRecovery
88238000
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3980000
CY2015 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
29570000
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
127000
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
112000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1842000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-93541000
CY2016 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
1498000
CY2015 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
209000
CY2014 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
3768000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12865000
CY2014 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
77000000
CY2016 us-gaap Repayments Of Debt
RepaymentsOfDebt
16250000
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
712000
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1941000
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1666000
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
181000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-21535000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
40281000
CY2015 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0
CY2014 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51146000
CY2015 us-gaap Interest Paid
InterestPaid
3784000
CY2014 us-gaap Interest Paid
InterestPaid
3793000
CY2014 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
931000
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1180000
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26000
CY2016 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
CY2015 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
CY2014 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
10438000
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:0pt;margin-top:6pt;margin-left:1.06%;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:2.27%;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. The Company evaluates its estimates based on historical experience, current conditions and various other assumptions that it believes are reasonable under the circumstances. Estimates and assumptions are reviewed on an on-going basis and the effects of revisions are reflected in the period in which they are deemed to be necessary. Actual results could differ significantly from those estimates. </p></div>
CY2015 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
29000
CY2014 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
352000
CY2015 novt Allowance For Doubtful Accounts Accrual Reductions Due To Divestiture Of Business
AllowanceForDoubtfulAccountsAccrualReductionsDueToDivestitureOfBusiness
30000
CY2016 novt Allowance For Doubtful Accounts Translation Adjustment
AllowanceForDoubtfulAccountsTranslationAdjustment
3000
CY2015 novt Allowance For Doubtful Accounts Translation Adjustment
AllowanceForDoubtfulAccountsTranslationAdjustment
13000
CY2014 novt Allowance For Doubtful Accounts Translation Adjustment
AllowanceForDoubtfulAccountsTranslationAdjustment
23000
CY2016 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Operating Results
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingResults
100000
CY2014 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
10514000
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-13000
CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-8059000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6342000
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-10488000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-16456000
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-3249000
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-875000
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-9611000
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
282000
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
285000
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
30000
CY2016 novt Allowance For Doubtful Accounts Receivable Additions From Business Acquisition
AllowanceForDoubtfulAccountsReceivableAdditionsFromBusinessAcquisition
15000
CY2015 novt Allowance For Doubtful Accounts Receivable Additions From Business Acquisition
AllowanceForDoubtfulAccountsReceivableAdditionsFromBusinessAcquisition
5000
CY2014 novt Allowance For Doubtful Accounts Receivable Additions From Business Acquisition
AllowanceForDoubtfulAccountsReceivableAdditionsFromBusinessAcquisition
52000
CY2016 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
82000
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y18D
CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2500000
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2700000
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-726000
CY2016Q4 us-gaap Goodwill Gross
GoodwillGross
259357000
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
151229000
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
254685000
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
151229000
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
168141000
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
119425000
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48716000
CY2016 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P10Y2M12D
CY2016Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
13027000
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
181168000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
165858000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
53242000
CY2015 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P11Y
CY2015Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
13027000
CY2015Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
178885000
CY2016 novt Finite Lived Intangible Assets Acquired
FiniteLivedIntangibleAssetsAcquired
3980000
CY2016 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y
CY2016 us-gaap Cost Of Goods Sold Amortization
CostOfGoodsSoldAmortization
4164000
CY2015 us-gaap Cost Of Goods Sold Amortization
CostOfGoodsSoldAmortization
4712000
CY2014 us-gaap Cost Of Goods Sold Amortization
CostOfGoodsSoldAmortization
6143000
CY2016 novt Amortization Of Intangible Assets Including Cost Of Goods Sold Amortization
AmortizationOfIntangibleAssetsIncludingCostOfGoodsSoldAmortization
12415000
CY2015 novt Amortization Of Intangible Assets Including Cost Of Goods Sold Amortization
AmortizationOfIntangibleAssetsIncludingCostOfGoodsSoldAmortization
12323000
CY2014 novt Amortization Of Intangible Assets Including Cost Of Goods Sold Amortization
AmortizationOfIntangibleAssetsIncludingCostOfGoodsSoldAmortization
16405000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11042000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
8987000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6774000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4649000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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4057000
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220000
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248000
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InventoryRawMaterialsNetOfReserves
38511000
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8012000
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InventoryWorkInProcessNetOfReserves
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9511000
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2400000
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1651000
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55099000
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200000
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1371000
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1652000
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1237000
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1039000
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1164000
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628000
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7612000
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7171000
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3044000
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ProductWarrantyAccrualClassifiedCurrent
3315000
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ProductWarrantyAccrualWarrantiesIssued
1673000
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ProductWarrantyAccrualWarrantiesIssued
2025000
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ProductWarrantyAccrualWarrantiesIssued
1684000
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ProductWarrantyAccrualAdditionsFromBusinessAcquisition
23000
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ProductWarrantyAccrualAdditionsFromBusinessAcquisition
132000
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ProductWarrantyAccrualAdditionsFromBusinessAcquisition
90000
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ProductWarrantyAccrualPayments
1849000
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ProductWarrantyAccrualPayments
1454000
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ProductWarrantyAccrualPayments
2003000
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ProductWarrantyAccrualReductionsDueToBusinessDivestiture
389000
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StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-40000
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StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-23000
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StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-42000
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CapitalLeaseObligationsNoncurrent
8111000
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CapitalLeaseObligationsNoncurrent
9173000
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5957000
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3693000
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2264000
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2690000
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77920000
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95811000
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300000000
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DebtInstrumentTerm
P5Y
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2021-05
CY2016 us-gaap Line Of Credit Facility Covenant Terms
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The Second Amended and Restated Credit Agreement also requires the Company to satisfy certain financial covenants, such as maintaining a minimum consolidated fixed charge coverage ratio of 1.50 to 1.00 and a maximum consolidated leverage ratio of 3.00 to 1.00. The maximum consolidated leverage ratio will increase to 3.50:1.00 for four consecutive quarters following an acquisition with an aggregate consideration greater than or equal to $50.0 million.
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ConsolidatedFixedChargeCoverageRatioMinimum
1.50
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3.00
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AllocatedShareBasedCompensationExpense
4293000
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AllocatedShareBasedCompensationExpense
4065000
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AllocatedShareBasedCompensationExpense
4651000
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6800000
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1049000
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15457000
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13597000
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1370000
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1733000
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4162000
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2791000
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2600000
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12285000
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CurrentIncomeTaxExpenseBenefit
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CurrentIncomeTaxExpenseBenefit
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9557000
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4437000
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2409000
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471000
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294000
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5869000
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DeferredTaxAssetsInventory
4415000
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503000
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3082000
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DeferredTaxAssetsGoodwillAndIntangibleAssets
3205000
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
1127000
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1688000
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DeferredTaxAssetsOther
1281000
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DeferredTaxAssetsGross
28471000
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DeferredTaxAssetsGross
26134000
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13014000
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DeferredTaxAssetsValuationAllowance
12537000
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659000
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1292000
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1218000
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DeferredTaxLiabilitiesOther
345000
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DeferredTaxLiabilities
8158000
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DeferredTaxLiabilities
6161000
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DeferredTaxAssetsLiabilitiesNet
7299000
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DeferredTaxAssetsLiabilitiesNet
7436000
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CapitalLossCarryforward
400000
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CapitalLossCarryforward
600000
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CapitalLossCarryforward
400000
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OperatingLossCarryforwards
4400000
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DeferredTaxAssetsCapitalLossCarryforwards
5200000
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OperatingLossCarryforwards
4900000
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DeferredTaxAssetsCapitalLossCarryforwards
5100000
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2300000
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2400000
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15200000
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200000
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4962000
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UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4000000
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UnrecognizedTaxBenefits
5490000
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BusinessCombinationAcquisitionRelatedCostBenefit
4975000
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BusinessCombinationAcquisitionRelatedCostBenefit
1301000
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BusinessCombinationAcquisitionRelatedCostBenefit
1521000
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1113000
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AcquisitionAndDivestitureRelatedCharges
4975000
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AcquisitionAndDivestitureRelatedCharges
2414000
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AcquisitionAndDivestitureRelatedCharges
1521000
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231000
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4100000
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7074000
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UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1180000
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UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2601000
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UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2404000
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UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2177000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6274000
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UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
752000
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UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
78000
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UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
626000
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
226000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
762000
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UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
561000
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UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
88000
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UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
45000
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UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
842000
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290000
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UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1100000
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
900000
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UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000
CY2016 us-gaap Restructuring Costs
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2970000
CY2015 us-gaap Restructuring Costs
RestructuringCosts
5840000
CY2014 us-gaap Restructuring Costs
RestructuringCosts
414000
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RestructuringCharges
5840000
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PaymentsForRestructuring
3126000
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-1063000
CY2015Q4 us-gaap Restructuring Reserve
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1882000
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4929000
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-322000
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4181000
CY2016 novt Restructuring Reserve Settled Without Cash And Other Adjustments
RestructuringReserveSettledWithoutCashAndOtherAdjustments
-572000
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
1736000
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4200000
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4500000
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4100000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4519000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3202000
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OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1913000
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OperatingLeasesFutureMinimumPaymentsDueInFourYears
240000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
125000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
4267000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
14266000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
1294000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
864000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
887000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
907000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
907000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
7232000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
12091000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
3200000
CY2016Q4 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
30900000
CY2016Q4 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
29100000
CY2016Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Second Year
RecordedUnconditionalPurchaseObligationDueInSecondYear
1800000
CY2016 novt Number Of Customer Accounted For Large Portion Of Account Receivable
NumberOfCustomerAccountedForLargePortionOfAccountReceivable
1
CY2016 novt Number Of Customers Accounted For More Than Ten Percent Of Accounts Receivable
NumberOfCustomersAccountedForMoreThanTenPercentOfAccountsReceivable
0
CY2015 novt Number Of Customers Accounted For More Than Ten Percent Of Accounts Receivable
NumberOfCustomersAccountedForMoreThanTenPercentOfAccountsReceivable
0
CY2016 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
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DepreciationDepletionAndAmortization
20973000
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DepreciationDepletionAndAmortization
20196000
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DepreciationDepletionAndAmortization
24421000
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SegmentAssets
123514000
CY2015Q4 novt Segment Assets
SegmentAssets
116754000
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EntityWideRevenueMajorGeographicAreaPercentage
1.000
CY2015 novt Entity Wide Revenue Major Geographic Area Percentage
EntityWideRevenueMajorGeographicAreaPercentage
1.000
CY2014 novt Entity Wide Revenue Major Geographic Area Percentage
EntityWideRevenueMajorGeographicAreaPercentage
1.000
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0
CY2015 novt Number Of Customers Exceeded Ten Percentage Of Revenue
NumberOfCustomersExceededTenPercentageOfRevenue
0
CY2014 novt Number Of Customers Exceeded Ten Percentage Of Revenue
NumberOfCustomersExceededTenPercentageOfRevenue
0

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