2023 Q4 Form 20-F Financial Statement

#000117891324000649 Filed on February 20, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $134.2M $517.9M
YoY Change -11.25% -9.25%
Cost Of Revenue $60.21M $224.7M
YoY Change -17.45% -11.43%
Gross Profit $74.01M $293.2M
YoY Change -5.48% -7.51%
Gross Profit Margin 55.14% 56.61%
Selling, General & Admin $19.06M $72.87M
YoY Change -3.45% -4.84%
% of Gross Profit 25.75% 24.86%
Research & Development $21.29M $88.04M
YoY Change -18.76% -2.67%
% of Gross Profit 28.77% 30.03%
Depreciation & Amortization $4.201M $10.34M
YoY Change 6.25% 19.99%
% of Gross Profit 5.68% 3.53%
Operating Expenses $40.35M $160.9M
YoY Change -2.48% -3.67%
Operating Profit $33.66M $132.3M
YoY Change -8.83% -11.78%
Interest Expense $7.283M $22.44M
YoY Change 237.64% 164.64%
% of Operating Profit 21.64% 16.96%
Other Income/Expense, Net
YoY Change
Pretax Income $40.95M $154.7M
YoY Change 4.77% -2.34%
Income Tax $2.877M $18.39M
% Of Pretax Income 7.03% 11.89%
Net Earnings $38.07M $136.3M
YoY Change 5.46% -2.78%
Net Earnings / Revenue 28.36% 26.32%
Basic Earnings Per Share $4.73
Diluted Earnings Per Share $1.19 $4.28
COMMON SHARES
Basic Shares Outstanding 29.01M shares 28.83K shares
Diluted Shares Outstanding 32.09K shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $515.2M $443.7M
YoY Change 19.35% 18.79%
Cash & Equivalents $107.6M $107.6M
Short-Term Investments $407.6M $336.1M
Other Short-Term Assets $17.08M $17.08M
YoY Change 26.3% 26.3%
Inventory $138.2M $138.2M
Prepaid Expenses $11.00M
Receivables $111.3M $111.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $710.2M $710.2M
YoY Change 15.87% 15.87%
LONG-TERM ASSETS
Property, Plant & Equipment $66.87M $108.7M
YoY Change 19.66% 7.9%
Goodwill $50.08M
YoY Change 2.19%
Intangibles $39.18M
YoY Change -10.1%
Long-Term Investments $191.4M $191.4M
YoY Change 24.3% 24.3%
Other Assets $3.259M $34.24M
YoY Change 240.54% 43.58%
Total Long-Term Assets $423.6M $423.6M
YoY Change 14.13% 14.13%
TOTAL ASSETS
Total Short-Term Assets $710.2M $710.2M
Total Long-Term Assets $423.6M $423.6M
Total Assets $1.134B $1.134B
YoY Change 15.21% 15.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.16M $35.16M
YoY Change -17.72% -17.72%
Accrued Expenses $6.703M $6.703M
YoY Change 12.32% -85.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $197.7M $197.7M
YoY Change
Total Short-Term Liabilities $322.8M $322.8M
YoY Change 140.78% 140.78%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $6.545M $49.67M
YoY Change -9.02% -8.85%
Total Long-Term Liabilities $60.24M $49.67M
YoY Change -77.1% -80.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $322.8M $322.8M
Total Long-Term Liabilities $60.24M $49.67M
Total Liabilities $383.1M $383.1M
YoY Change -3.55% -3.55%
SHAREHOLDERS EQUITY
Retained Earnings $614.4M
YoY Change 28.51%
Common Stock $139.7M
YoY Change 15.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $750.8M $750.8M
YoY Change
Total Liabilities & Shareholders Equity $1.134B $1.134B
YoY Change 15.21% 15.21%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $38.07M $136.3M
YoY Change 5.46% -2.78%
Depreciation, Depletion And Amortization $4.201M $10.34M
YoY Change 6.25% 19.99%
Cash From Operating Activities $29.63M $123.5M
YoY Change -40.26% 3.34%
INVESTING ACTIVITIES
Capital Expenditures $7.588M $17.19M
YoY Change -9.98% -19.36%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$30.84M -$108.1M
YoY Change -7.07% 36.99%
Cash From Investing Activities -$38.53M -$125.3M
YoY Change -7.42% 25.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $112.0K
YoY Change -99.48%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00K $10.00K
YoY Change -100.07% -100.03%
NET CHANGE
Cash From Operating Activities 29.63M $123.5M
Cash From Investing Activities -38.53M -$125.3M
Cash From Financing Activities 10.00K $10.00K
Net Change In Cash -8.890M -$4.147M
YoY Change 26.71% -72.31%
FREE CASH FLOW
Cash From Operating Activities $29.63M $123.5M
Capital Expenditures $7.588M $17.19M
Free Cash Flow $22.04M $106.3M
YoY Change -46.45% 8.26%

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CY2022 nvmi Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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CY2021 nvmi Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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CY2023 us-gaap Increase Decrease In Other Operating Liabilities
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CY2023 nvmi Change In Short Term And Long Term Interest Bearing Bank Deposits
ChangeInShortTermAndLongTermInterestBearingBankDeposits
29658000 usd
CY2022 nvmi Change In Short Term And Long Term Interest Bearing Bank Deposits
ChangeInShortTermAndLongTermInterestBearingBankDeposits
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CY2021 nvmi Change In Short Term And Long Term Interest Bearing Bank Deposits
ChangeInShortTermAndLongTermInterestBearingBankDeposits
31456000 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
273572000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
211742000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
215091000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
195087000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
81325000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
12862000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21314000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4816000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
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CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
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CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
112000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
21416000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
122000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
90000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-14977000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-105606000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111721000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126698000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
232304000 usd
CY2022 nvmi Operating Right Of Use Assets Recognized With Corresponding Operating Lease Liabilities
OperatingRightOfUseAssetsRecognizedWithCorrespondingOperatingLeaseLiabilities
17398000 usd
CY2021 nvmi Operating Right Of Use Assets Recognized With Corresponding Operating Lease Liabilities
OperatingRightOfUseAssetsRecognizedWithCorrespondingOperatingLeaseLiabilities
3198000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
26842000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
23014000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13275000 usd
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
107574000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111121000 usd
CY2022Q4 us-gaap Restricted Cash Current
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600000 usd
CY2021Q4 us-gaap Restricted Cash Current
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107574000 usd
CY2021 nvmi Research And Development Grants Recognized
ResearchAndDevelopmentGrantsRecognized
4395000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10999000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9107000 usd
CY2023Q4 nvmi Governmental Institutions Current
GovernmentalInstitutionsCurrent
3682000 usd
CY2022Q4 nvmi Governmental Institutions Current
GovernmentalInstitutionsCurrent
2889000 usd
CY2023Q4 nvmi Governments Grants Receivables
GovernmentsGrantsReceivables
662000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0089 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
299249 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
265085 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
336857 shares
CY2022Q4 nvmi Governments Grants Receivables
GovernmentsGrantsReceivables
1416000 usd
CY2023Q4 nvmi Other Assets Classified As Current
OtherAssetsClassifiedAsCurrent
512000 usd
CY2022Q4 nvmi Other Assets Classified As Current
OtherAssetsClassifiedAsCurrent
115000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
409746000 usd
CY2023 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
775000 usd
CY2023 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
2912000 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
407609000 usd
CY2022 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
29000 usd
CY2022 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
8087000 usd
CY2023 nvmi Proceeds From Maturity Of Available For Sale Marketable Securities
ProceedsFromMaturityOfAvailableForSaleMarketableSecurities
192585000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
17084000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13527000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
129986000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
109783000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
63112000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
24762000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
26805000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
138198000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
116600000 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
8748000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
6406000 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
5126000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
66874000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55886000 usd
CY2023 us-gaap Depreciation
Depreciation
10344000 usd
CY2022 us-gaap Depreciation
Depreciation
8621000 usd
CY2021 us-gaap Depreciation
Depreciation
6475000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5857000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6033000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2458000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5782000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5285000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5285000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5285000 usd
CY2023Q4 nvmi Finite Lived Future Amortization Intangible Assets
FiniteLivedFutureAmortizationIntangibleAssets
39184000 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
31652000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
8080000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
9517000 usd
CY2022Q4 nvmi Amount Of Obligation To Governmental Institutions
AmountOfObligationToGovernmentalInstitutions
12202000 usd
CY2023Q4 nvmi Amount Of Obligation To Governments Grants Payables
AmountOfObligationToGovernmentsGrantsPayables
1019000 usd
CY2022Q4 nvmi Amount Of Obligation To Governments Grants Payables
AmountOfObligationToGovernmentsGrantsPayables
647000 usd
CY2023Q4 nvmi Other Assets Current Other
OtherAssetsCurrentOther
244000 usd
CY2022Q4 nvmi Other Assets Current Other
OtherAssetsCurrentOther
353000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
41294000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
54825000 usd
CY2022 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
13704000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8523000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10630000 usd
CY2022 us-gaap Severance Costs1
SeveranceCosts1
1114000 usd
CY2021 us-gaap Severance Costs1
SeveranceCosts1
818000 usd
CY2023 nvmi Amount Of Increase Liability For Convertible Senior Notes
AmountOfIncreaseLiabilityForConvertibleSeniorNotes
12075000 usd
CY2023 nvmi Amount Of Reduction Of Additional Paid Capital
AmountOfReductionOfAdditionalPaidCapital
13770000 usd
CY2023 nvmi Amount Of Increase To Deferred Tax Assets
AmountOfIncreaseToDeferredTaxAssets
1444000 usd
CY2023 nvmi Amount Of Cumulative Effect Adjustment Of Income Tax Effects
AmountOfCumulativeEffectAdjustmentOfIncomeTaxEffects
3139000 usd
CY2023 nvmi Amount Of Reduced Interest Expense
AmountOfReducedInterestExpense
3147000 usd
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2680965000 shares
CY2023Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.007 pure
CY2023 us-gaap Lessor Operating Lease Option To Extend
LessorOperatingLeaseOptionToExtend
up to additional 10 years
CY2023Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P12Y7M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037 pure
CY2023 us-gaap Lease Cost
LeaseCost
6636000 usd
CY2022 us-gaap Lease Cost
LeaseCost
6587000 usd
CY2021 us-gaap Lease Cost
LeaseCost
3935000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6257000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5422000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5345000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5415000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
30681000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
59879000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
13414000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
46465000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
6138000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
6450000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
4134000 usd
CY2023 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
21528000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18286000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16647000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10488000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
35.94
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
39.61
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
106279 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
31.04
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
100540 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
29.4
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
11302000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
15271000 usd
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
10857000 usd
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
12956000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11149000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
14523000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
18571000 usd
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
106279 shares
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
31.04
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
100540 shares
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
29.4
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001109345
CY2023 us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2023#OperatingExpenses
CY2022 us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2023#OperatingExpenses
CY2021 us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2023#OperatingExpenses
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Entity Registrant Name
EntityRegistrantName
NOVA LTD.
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
true
CY2023 dei Document Fin Stmt Restatement Recovery Analysis Flag
DocumentFinStmtRestatementRecoveryAnalysisFlag
false
CY2023 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2023 dei Auditor Location
AuditorLocation
Tel-Aviv, Israel
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
107574000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
116600000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
17084000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13527000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
710220000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
612946000 usd
CY2023Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
191351000 usd
CY2022Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
153462000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
50080000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
49009000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6545000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2023Q4 us-gaap Liabilities
Liabilities
383055000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
397142000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
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CY2022Q4 us-gaap Common Stock Value
CommonStockValue
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CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
614383000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1133807000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
90458000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
65857000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
52467000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
52729000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
39876000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20404000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23852000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17324000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
160914000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
167039000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
123057000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
132263000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
149931000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
112386000 usd
CY2023 nvmi Financing Income Net
FinancingIncomeNet
22436000 usd
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.43
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.12
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28828 shares
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
74000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11694000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10488000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
140213000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
122000 usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18286000 usd
CY2023 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
112000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9183000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
136310000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
750752000 usd
CY2023 us-gaap Depreciation
Depreciation
10344000 usd
CY2023 nvmi Net Effect Of Exchange Rate Fluctuation
NetEffectOfExchangeRateFluctuation
1754000 usd
CY2022 nvmi Net Effect Of Exchange Rate Fluctuation
NetEffectOfExchangeRateFluctuation
4523000 usd
CY2021 nvmi Net Effect Of Exchange Rate Fluctuation
NetEffectOfExchangeRateFluctuation
-745000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1183000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
31634000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5132000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26000000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
29311000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18457000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5752000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1509000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
17919000 usd
CY2023 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
-188000 usd
CY2022 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
46000 usd
CY2021 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
-79000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
123531000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
119539000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
132262000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
78469000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17188000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-125331000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2357000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-4454000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
622000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4147000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107574000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111721000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126698000 usd
CY2023 nvmi Operating Right Of Use Assets Recognized With Corresponding Operating Lease Liabilities
OperatingRightOfUseAssetsRecognizedWithCorrespondingOperatingLeaseLiabilities
785000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
126698000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111721000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126698000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3902 pure
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt;font-family:'Times New Roman',Times,serif"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif"><span> </span></span></span></td> <td style="width:28.35pt;vertical-align:top;font-family:'Times New Roman',Times,serif;font-weight:bold;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">B.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify;font-family:'Times New Roman',Times,serif"> <div style="font-weight:bold;font-size:12pt;margin-bottom:0pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">Use of Estimates in the Preparation of Financial Statements</span></span></div> </td> </tr> <tr> <td style="width:56.7pt;font-family:'Times New Roman',Times,serif"> </td> <td style="width:28.35pt;vertical-align:top;font-family:'Times New Roman',Times,serif;font-weight:bold;font-size:12pt"> </td> <td style="width:auto;vertical-align:top;text-align:justify;font-family:'Times New Roman',Times,serif"> </td> </tr> </table> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">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 and disclosure of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. The Company's management evaluates its estimates on an ongoing basis, including those related to, but not limited to revenue recognition, allowance for credit losses related to marketable securities, inventory write-offs, business combination, fair value and useful lives of intangible assets, income taxes and tax uncertainties income taxes, credit loss related to collectability of trade accounts receivable, goodwill impairment, lease discount rate and lease period. These estimates are based on management's knowledge about current events and expectations about actions the Company may undertake in the future. Actual results could differ from those estimates.</span></span><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif"><span> </span></span></span></div> </div>
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 nvmi Capitalized Implementation Costs
CapitalizedImplementationCosts
2463000 usd
CY2023Q4 nvmi Remaining Performance Obligations
RemainingPerformanceObligations
65509000 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
41978000 usd
CY2023Q4 nvmi Uncollected Amounts Of Deferred Revenue
UncollectedAmountsOfDeferredRevenue
23531000 usd
CY2023 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
27065000 usd
CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
12924000 usd
CY2021 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
3651000 usd
CY2023 nvmi Research And Development Grants Recognized
ResearchAndDevelopmentGrantsRecognized
3061000 usd
CY2022 nvmi Research And Development Grants Recognized
ResearchAndDevelopmentGrantsRecognized
3064000 usd
CY2023 nvmi Degree Of Likelihood Of Sustaining Uncertain Tax Position Threshold For Recognition Percent
DegreeOfLikelihoodOfSustainingUncertainTaxPositionThresholdForRecognitionPercent
0.50 pure
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y11M19D
CY2023 us-gaap Net Income Loss
NetIncomeLoss
136310000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
140213000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
93101000 usd
CY2023 nvmi Amortization Of Debt Issuance Costs Related To Convertible Notes
AmortizationOfDebtIssuanceCostsRelatedToConvertibleNotes
1130000 usd
CY2022 nvmi Amortization Of Debt Issuance Costs Related To Convertible Notes
AmortizationOfDebtIssuanceCostsRelatedToConvertibleNotes
1128000 usd
CY2021 nvmi Amortization Of Debt Issuance Costs Related To Convertible Notes
AmortizationOfDebtIssuanceCostsRelatedToConvertibleNotes
0 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
137440000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
141341000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
93101000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28828 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28697 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28372 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
580 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
492 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
819 shares
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2681 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2681 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
625 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32089 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31870 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29816 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.73
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.89
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.28
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.28
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.43
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.12
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.43
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt;font-family:'Times New Roman',Times,serif"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif"><span> </span></span></span></td> <td style="width:28.35pt;vertical-align:top;font-family:'Times New Roman',Times,serif;font-weight:bold;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">W.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify;font-family:'Times New Roman',Times,serif"> <div style="font-weight:bold;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">Concentrations of Credit Risk</span></span></div> </td> </tr> <tr> <td style="width:56.7pt;font-family:'Times New Roman',Times,serif"> </td> <td style="width:28.35pt;vertical-align:top;font-family:'Times New Roman',Times,serif;font-weight:bold;font-size:12pt"> </td> <td style="width:auto;vertical-align:top;text-align:justify;font-family:'Times New Roman',Times,serif"> </td> </tr> </table> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, bank deposits, marketable securities, trade accounts receivable and foreign currency derivative contracts.</span></span></div> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"> </div> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">The majority of the Company’s cash and cash equivalents and bank deposits are invested in dollar instruments with major banks in Israel. Management believes that the financial institutions that hold the Company's investments are corporations with high credit standing. Accordingly, management believes that low credit risk exists with respect to these financial investments.</span></span></div> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"> </div> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25;font-family:Arial, sans-serif"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif"><span style="color:rgb(0, 0, 0)">The trade accounts receivable of the Company are derived from sales to customers located primarily in </span><span>Taiwan R.O.C.<span style="color:rgb(0, 0, 0)">, </span>Korea, China <span style="color:rgb(0, 0, 0)">and USA. The management of the Company performed risk assessment on an ongoing basis and believes it bears low risk.</span></span></span></span></div> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"> </div> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">The Company entered into options and forward contracts to hedge against the risk of overall changes in future cash flow from payments of payroll and related expenses as well as other expenses denominated in NIS. The derivative instruments hedge a portion of the Company's non-dollar currency exposure. Counterparty to the Company’s derivative instruments is major financial institution.</span></span></div> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"> </div> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25;font-family:'Times New Roman',Times,serif;font-size:12pt"><span style="font-size:12pt"><span style="font-family:Times New Roman,Times,serif">The Company's debt marketable securities include investments in highly rated corporate debentures and governmental bonds. The financial institutions that hold the Company's debt marketable securities are major financial institutions located in the United States. The Company believes its debt marketable securities portfolio is a diverse portfolio of highly rated securities and the Company's investment policy limits the amount the Company may invest in an issuer.</span></span></div> </div>
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
328593000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
320535000 usd
CY2022 nvmi Proceeds From Maturity Of Available For Sale Marketable Securities
ProceedsFromMaturityOfAvailableForSaleMarketableSecurities
80391000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
2502000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
934000 usd
CY2023 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
35000 usd
CY2022 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
68000 usd
CY2023 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
2912000 usd
CY2023 nvmi Available For Sale Equity Securities Gross Unrealized Loss Part Included In Previous Year
AvailableForSaleEquitySecuritiesGrossUnrealizedLossPartIncludedInPreviousYear
2692000 usd
CY2022 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
8087000 usd
CY2022 nvmi Available For Sale Equity Securities Gross Unrealized Loss Part Included In Previous Year
AvailableForSaleEquitySecuritiesGrossUnrealizedLossPartIncludedInPreviousYear
1191000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
50156000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
38050000 usd
CY2023Q4 nvmi Service Inventory
ServiceInventory
31407000 usd
CY2022Q4 nvmi Service Inventory
ServiceInventory
26069000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
31873000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
25676000 usd
CY2023Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
1229000 usd
CY2022Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
0 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
53897000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
67974000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
66519000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28790000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22933000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
39184000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
43586000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8885000 usd
CY2023 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
11764000 usd
CY2022 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
11959000 usd
CY2023 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
9657000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5285000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
12262000 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
27105000 usd
CY2023Q4 nvmi Amount Of Obligation To Governmental Institutions
AmountOfObligationToGovernmentalInstitutions
4846000 usd
CY2023Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
0 usd
CY2022Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
454000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
8080000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
9517000 usd
CY2023Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
443000 usd
CY2022Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
1113000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8523000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10630000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10630000 usd
CY2023 us-gaap Severance Costs1
SeveranceCosts1
957000 usd
CY2022 nvmi Amount Of Reduced Interest Expense
AmountOfReducedInterestExpense
3053000 usd
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2055641000 shares
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1284000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1282000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4229000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6759000 usd
CY2023Q4 us-gaap Purchase Obligation
PurchaseObligation
105300000 usd
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 usd
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
252983 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
290711 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
29.83
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
133485 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
25.2
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
50947 shares
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
13009000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
7907000 usd
CY2023 nvmi Percent Of Income Required From Export
PercentOfIncomeRequiredFromExport
0.25 pure
CY2023 nvmi Withholding Tax On Dividends
WithholdingTaxOnDividends
0.15 pure
CY2021 nvmi Trapped Profits Agreement Net Effect
TrappedProfitsAgreementNetEffect
3700000 usd
CY2023 nvmi Taxable Income In Israel Is Attributable To Preferred Enterprises Tax Rate
TaxableIncomeInIsraelIsAttributableToPreferredEnterprisesTaxRate
0.16 pure
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
412000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
1080000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
2872000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1610000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
9853000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
10058000 usd
CY2023Q4 nvmi Deferred Tax Assets Operating Lease Liabilities Net
DeferredTaxAssetsOperatingLeaseLiabilitiesNet
2494000 usd
CY2022Q4 nvmi Deferred Tax Assets Operating Lease Liabilities Net
DeferredTaxAssetsOperatingLeaseLiabilitiesNet
3178000 usd
CY2023Q4 nvmi Deferred Tax Assets Capitalized Research And Development
DeferredTaxAssetsCapitalizedResearchAndDevelopment
14842000 usd
CY2022Q4 nvmi Deferred Tax Assets Capitalized Research And Development
DeferredTaxAssetsCapitalizedResearchAndDevelopment
10176000 usd
CY2023Q4 nvmi Total Net Deferred Tax Asset Before Valuation Allowance
TotalNetDeferredTaxAssetBeforeValuationAllowance
30473000 usd
CY2022Q4 nvmi Total Net Deferred Tax Asset Before Valuation Allowance
TotalNetDeferredTaxAssetBeforeValuationAllowance
26102000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2790000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2098000 usd
CY2023Q4 nvmi Total Net Deferred Tax Asset After Valuation Allowance
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CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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12539000 usd
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2631000 usd
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14674000 usd
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CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
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23583000 usd
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20097000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
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10574000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
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12190000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2023 nvmi Current Domestic Tax Expense Benefit
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CY2022 nvmi Current Domestic Tax Expense Benefit
CurrentDomesticTaxExpenseBenefit
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CY2021 nvmi Current Domestic Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
109253000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
18564000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13110000 usd
CY2023 nvmi Income Tax Reconciliation Effect Of Nonbeneficial Income New Technological Or Approved Or Preferred Enterprises Statuses In Israel
IncomeTaxReconciliationEffectOfNonbeneficialIncomeNewTechnologicalOrApprovedOrPreferredEnterprisesStatusesInIsrael
657000 usd
CY2022 nvmi Income Tax Reconciliation Effect Of Nonbeneficial Income New Technological Or Approved Or Preferred Enterprises Statuses In Israel
IncomeTaxReconciliationEffectOfNonbeneficialIncomeNewTechnologicalOrApprovedOrPreferredEnterprisesStatusesInIsrael
335000 usd
CY2021 nvmi Income Tax Reconciliation Effect Of Nonbeneficial Income New Technological Or Approved Or Preferred Enterprises Statuses In Israel
IncomeTaxReconciliationEffectOfNonbeneficialIncomeNewTechnologicalOrApprovedOrPreferredEnterprisesStatusesInIsrael
88000 usd
CY2023 nvmi Income Tax Reconciliation Permanent Differences Including Difference Between Basis Of Measurement Of Income Reported For Tax Purposes And Basis Of Measurement Of Income For Financial Reporting Purposes Net
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CY2022 nvmi Income Tax Reconciliation Permanent Differences Including Difference Between Basis Of Measurement Of Income Reported For Tax Purposes And Basis Of Measurement Of Income For Financial Reporting Purposes Net
IncomeTaxReconciliationPermanentDifferencesIncludingDifferenceBetweenBasisOfMeasurementOfIncomeReportedForTaxPurposesAndBasisOfMeasurementOfIncomeForFinancialReportingPurposesNet
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CY2021 nvmi Income Tax Reconciliation Permanent Differences Including Difference Between Basis Of Measurement Of Income Reported For Tax Purposes And Basis Of Measurement Of Income For Financial Reporting Purposes Net
IncomeTaxReconciliationPermanentDifferencesIncludingDifferenceBetweenBasisOfMeasurementOfIncomeReportedForTaxPurposesAndBasisOfMeasurementOfIncomeForFinancialReportingPurposesNet
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CY2023 nvmi Income Tax Reconciliation Change In Tax Reserve For Uncertain Tax Positions
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CY2022 nvmi Income Tax Reconciliation Change In Tax Reserve For Uncertain Tax Positions
IncomeTaxReconciliationChangeInTaxReserveForUncertainTaxPositions
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CY2023 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2022 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Fdii Amount
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2497000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Fdii Amount
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2483000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Fdii Amount
EffectiveIncomeTaxRateReconciliationFdiiAmount
1785000 usd
CY2023 nvmi Income Tax Reconciliation Tax Credit
IncomeTaxReconciliationTaxCredit
1801000 usd
CY2022 nvmi Income Tax Reconciliation Tax Credit
IncomeTaxReconciliationTaxCredit
1640000 usd
CY2021 nvmi Income Tax Reconciliation Tax Credit
IncomeTaxReconciliationTaxCredit
1592000 usd
CY2023 nvmi Trapped Profits Agreement Net Effect
TrappedProfitsAgreementNetEffect
0 usd
CY2022 nvmi Trapped Profits Agreement Net Effect
TrappedProfitsAgreementNetEffect
0 usd
CY2021 nvmi Trapped Profits Agreement Net Effect
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3716000 usd
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-651000 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
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CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
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CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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871000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
692000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
601000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
185000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
160000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
39000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16152000 usd
CY2023Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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34652000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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2884000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1202000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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3030000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1804000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9422000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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9276000 usd
CY2023 nvmi Unrecognized Tax Benefits Presented As Reduction From Deferred Tax Assets
UnrecognizedTaxBenefitsPresentedAsReductionFromDeferredTaxAssets
2799000 usd
CY2022 nvmi Unrecognized Tax Benefits Presented As Reduction From Deferred Tax Assets
UnrecognizedTaxBenefitsPresentedAsReductionFromDeferredTaxAssets
2590000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.23 pure
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
36706000 usd
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
85293000 usd
CY2023 us-gaap Derivative Gain Loss On Derivative Net
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1576000 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1813000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2023 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
22643000 usd
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6478000 usd
CY2021 us-gaap Interest Income Expense Net
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CY2023 us-gaap Interest Expense Debt
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4229000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Realized
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1303000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
3469000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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CY2023 nvmi Bank Charges
BankCharges
226000 usd
CY2022 nvmi Bank Charges
BankCharges
187000 usd
CY2021 nvmi Bank Charges
BankCharges
150000 usd
CY2023 nvmi Financing Income Net
FinancingIncomeNet
22436000 usd
CY2022 nvmi Financing Income Net
FinancingIncomeNet
8478000 usd
CY2021 nvmi Financing Income Net
FinancingIncomeNet
-3133000 usd

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exhibit_8-1.htm Edgar Link pending
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