NOVANTA INC
For the period ended Sep 27, 2024. Filed Nov 5, 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.
Sep 27, 2024 · Filed Nov 5, 2024
NOVT$145.98+8.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED BALANCE SHEETS (unaudited)
CONSOLIDATED BALANCE SHEETS
(In thousands of U.S. dollars or shares)
| September 27, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $92,690 | $105,051 |
| Accounts receivable, net of allowance of $630 and $571, respectively | 164,502 | 139,410 |
| Inventories | 154,021 | 149,371 |
| Prepaid income taxes and income taxes receivable | 12,844 | 8,105 |
| Prepaid expenses and other current assets | 12,877 | 13,360 |
| Total current assets | 436,934 | 415,297 |
| Property, plant and equipment, net | 119,596 | 109,449 |
| Operating lease assets | 44,645 | 38,302 |
| Deferred tax assets | 19,239 | 27,862 |
| Other assets | 5,927 | 5,617 |
| Intangible assets, net | 198,394 | 145,022 |
| Goodwill | 594,088 | 484,507 |
| Total assets | $1,418,823 | $1,226,056 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Current portion of long-term debt | $5,016 | $4,968 |
| Accounts payable | 68,720 | 57,195 |
| Income taxes payable | 15,414 | 7,767 |
| Current portion of operating lease liabilities | 9,981 | 8,189 |
| Accrued expenses and other current liabilities | 57,469 | 61,056 |
| Total current liabilities | 156,600 | 139,175 |
| Long-term debt | 452,502 | 349,404 |
| Operating lease liabilities | 42,672 | 37,345 |
| Deferred tax liabilities | 14,324 | 16,305 |
| Income taxes payable | 5,340 | 4,435 |
| Other liabilities | 5,190 | 5,932 |
| Total liabilities | 676,628 | 552,596 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity: | ||
| Preferred shares, no par value; Authorized shares: 7,000; No shares issued and outstanding | — | — |
| Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 35,916 and 35,814, respectively | 423,856 | 423,856 |
| Additional paid-in capital | 79,928 | 70,180 |
| Retained earnings | 251,085 | 203,462 |
| Accumulated other comprehensive loss | (12,674) | (24,038) |
| Total stockholders' equity | 742,195 | 673,460 |
| Total liabilities and stockholders’ equity | $1,418,823 | $1,226,056 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.