Novanta NOVT Unallocated — Restructuring Costs
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Where this comes from
Reported directly by Novanta in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCosts.
The official record: Novanta’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Novanta's unallocated — restructuring costs?
- Novanta (NOVT) reported unallocated — restructuring costs of $178K in Q1 2026.
- How has Novanta's unallocated — restructuring costs changed year-over-year?
- Novanta's unallocated — restructuring costs increased by 709.1% year-over-year, from $22K to $178K.
- What does unallocated — restructuring costs mean?
- This metric represents expenses incurred by the company for organizational realignments, facility consolidations, or workforce reductions that are not attributed to a specific operating segment. These costs reflect corporate-level strategic initiatives aimed at improving long-term operational efficiency and cost structure. Investors monitor these charges to assess the impact of non-recurring transformation activities on overall corporate profitability.