CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 68,108	$ 59,959
Accounts receivable, net of allowance of $565 and $500, respectively	63,769	57,188
Inventories	59,745	59,566
Prepaid income taxes and income taxes receivable	2,058	2,510
Prepaid expenses and other current assets	5,570	5,989
Total current assets	199,250	185,212
Property, plant and equipment, net	35,421	40,550
Deferred tax assets	8,593	7,885
Other assets	12,502	12,673
Intangible assets, net	61,743	66,269
Goodwill	108,128	103,456
Total assets	425,637	416,045
Current Liabilities
Current portion of long-term debt	7,366	7,385
Accounts payable	32,213	24,401
Income taxes payable	3,969	3,985
Accrued expenses and other current liabilities	26,948	21,182
Total current liabilities	70,496	56,953
Long-term debt	70,554	88,426
Deferred tax liabilities	1,294	449
Income taxes payable	5,710	6,071
Other liabilities	18,713	19,445
Total liabilities	166,767	171,344
Commitments and Contingencies (Note 15)
Stockholders’ Equity:
Common shares, no par value; Authorized shares: unlimited; Issued and outstanding: 34,458 and 34,345, respectively	423,856	423,856
Additional paid-in capital	30,276	29,225
Accumulated deficit	(167,547)	(189,550)
Accumulated other comprehensive loss	(27,715)	(18,830)
Total Novanta Inc. stockholders’ equity	258,870	244,701
Total stockholders’ equity	258,870	244,701
Total liabilities and stockholders’ equity	$ 425,637	$ 416,045