Rendering
Component: (Network and Table) |
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Network | 100330 - Disclosure - Earnings (Loss) per Common Share (Tables) (http://www.novanta.com/20161231/taxonomy/role/DisclosureEarningsLossPerCommonShareTables) |
Table | (Implied) |
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis] | 0001076930 (http://www.sec.gov/CIK) |
Earnings Per Share [Abstract] | Period [Axis] |
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2016-01-01 - 2016-12-31 |
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Earnings Per Share [Abstract] | |
Computation of Basic and Diluted Earnings (Loss) Per Share |
The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except per share amounts):
|
Year Ended December 31, |
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
Numerators: |
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations |
$ |
22,003 |
|
|
$ |
35,628 |
|
|
$ |
(16,909 |
) |
Consolidated loss from discontinued operations |
|
— |
|
|
|
(13 |
) |
|
|
(7,333 |
) |
Less: income attributable to noncontrolling interest |
|
— |
|
|
|
— |
|
|
|
(10 |
) |
Loss from discontinued operations attributable to Novanta Inc. |
|
— |
|
|
|
(13 |
) |
|
|
(7,343 |
) |
Net income (loss) attributable to Novanta Inc. |
$ |
22,003 |
|
|
$ |
35,615 |
|
|
$ |
(24,252 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Denominators: |
|
|
|
|
|
|
|
|
|
|
|
Weighted average common shares outstanding— basic |
|
34,694 |
|
|
|
34,579 |
|
|
|
34,352 |
|
Dilutive potential common shares |
|
220 |
|
|
|
248 |
|
|
|
— |
|
Weighted average common shares outstanding— diluted |
|
34,914 |
|
|
|
34,827 |
|
|
|
34,352 |
|
Antidilutive common shares excluded from above |
|
85 |
|
|
|
— |
|
|
|
439 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic Earnings (Loss) per Common Share: |
|
|
|
|
|
|
|
|
|
|
|
From continuing operations |
$ |
0.63 |
|
|
$ |
1.03 |
|
|
$ |
(0.49 |
) |
From discontinued operations |
$ |
— |
|
|
$ |
(0.00 |
) |
|
$ |
(0.21 |
) |
Basic earnings (loss) per share attributable to Novanta Inc. |
$ |
0.63 |
|
|
$ |
1.03 |
|
|
$ |
(0.70 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Diluted Earnings (Loss) per Common Share: |
|
|
|
|
|
|
|
|
|
|
|
From continuing operations |
$ |
0.63 |
|
|
$ |
1.02 |
|
|
$ |
(0.49 |
) |
From discontinued operations |
$ |
— |
|
|
$ |
(0.00 |
) |
|
$ |
(0.21 |
) |
Diluted earnings (loss) per share attributable to Novanta Inc. |
$ |
0.63 |
|
|
$ |
1.02 |
|
|
$ |
(0.70 |
) |
|