NOVANTA INC
For the period ended Jun 28, 2024. Filed Aug 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2024 · Filed Aug 6, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited)
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(In thousands of U.S. dollars)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 28, | June 30, | June 28, | June 30, | |
| 2024 | 2023 | 2024 | 2023 | |
| Net income | $13,755 | $20,879 | $28,431 | $39,144 |
| Other comprehensive income (loss): | ||||
| Foreign currency translation adjustments, net of tax (1) | 580 | 1,577 | (3,816) | 6,807 |
| Pension liability adjustments, net of tax (2) | 187 | 89 | 470 | 160 |
| Total other comprehensive income (loss) | 767 | 1,666 | (3,346) | 6,967 |
| Total consolidated comprehensive income | $14,522 | $22,545 | $25,085 | $46,111 |
(1)
The tax effect on this component of comprehensive income (loss) was nominal for all periods presented.
(2)
The tax effect on this component of comprehensive income (loss) was nominal for all periods presented. See Note 4 to the Consolidated Financial Statements for the total amount of pension liability adjustments reclassified out of accumulated other comprehensive income (loss).
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.