10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000355811-14-000015 |
| Period End Date | 20140331 |
| Filing Date | 20140507 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | gntx-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
51 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$442.55M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$309.59M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$374.69M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$389.68M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$143.05M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$171.34M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$128.35M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$120.07M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$28.47M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$29.23M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$601.19M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$703.60M | USD | Point-in-time |
| PLANT AND EQUIPMENTNET |
PropertyPlantAndEquipmentNet
|
$357.02M | USD | Point-in-time |
| PLANT AND EQUIPMENTNET |
PropertyPlantAndEquipmentNet
|
$358.92M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.37M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.37M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$108.97M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$107.01M | USD | Point-in-time |
| Intangible Assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$366.18M | USD | Point-in-time |
| Intangible Assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$361.35M | USD | Point-in-time |
| Patents and other assets, net |
PatentsandOtherAssetsNet
|
$25.33M | USD | Point-in-time |
| Patents and other assets, net |
PatentsandOtherAssetsNet
|
$24.85M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$802.53M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$805.88M | USD | Point-in-time |
| Total assets |
Assets
|
$1.87B | USD | Point-in-time |
| Total assets |
Assets
|
$1.76B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$64.40M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$56.51M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$102.72M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$63.47M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$167.12M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$119.98M | USD | Point-in-time |
| LONG TERM DEBT |
LongTermDebt
|
$263.75M | USD | Point-in-time |
| LONG TERM DEBT |
LongTermDebt
|
$265.62M | USD | Point-in-time |
| DEFERRED INCOME TAXES |
DeferredTaxLiabilitiesNoncurrent
|
$49.26M | USD | Point-in-time |
| DEFERRED INCOME TAXES |
DeferredTaxLiabilitiesNoncurrent
|
$50.88M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$436.48M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$480.13M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$8.73M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$8.75M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$490.52M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$478.87M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$866.17M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$818.03M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$22.95M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$19.48M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$21.98M | USD | Point-in-time |
| Total shareholders investment |
StockholdersEquity
|
$1.38B | USD | Point-in-time |
| Total shareholders investment |
StockholdersEquity
|
$1.33B | USD | Point-in-time |
| Total liabilities and shareholders investment |
LiabilitiesAndStockholdersEquity
|
$1.76B | USD | Point-in-time |
| Total liabilities and shareholders investment |
LiabilitiesAndStockholdersEquity
|
$1.87B | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET SALES |
SalesRevenueGoodsNet
|
$335.74M | USD | 1 Quarter |
| NET SALES |
SalesRevenueGoodsNet
|
$269.50M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsSold
|
$176.04M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsSold
|
$204.44M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$131.30M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$93.46M | USD | 1 Quarter |
| Engineering, research and development |
ResearchAndDevelopmentExpense
|
$18.68M | USD | 1 Quarter |
| Engineering, research and development |
ResearchAndDevelopmentExpense
|
$20.49M | USD | 1 Quarter |
| Selling, general & administrative |
SellingGeneralAndAdministrativeExpense
|
$13.63M | USD | 1 Quarter |
| Selling, general & administrative |
SellingGeneralAndAdministrativeExpense
|
$10.93M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$29.61M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$34.12M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$97.18M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$63.85M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$495.41K | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$325.16K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$1.40M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$4.19M | USD | 1 Quarter |
| Total other income |
NonoperatingIncomeExpense
|
$4.51M | USD | 1 Quarter |
| Total other income |
NonoperatingIncomeExpense
|
$1.90M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$65.75M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$101.69M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$20.32M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$33.13M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$68.57M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$45.43M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.32 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.47 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.47 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.32 | USD | 1 Quarter |
| Cash Dividends Declared per Share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.14 | USD | 1 Quarter |
| Cash Dividends Declared per Share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.14 | USD | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$68.57M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$45.43M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$19.83M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$13.81M | USD | 1 Quarter |
| Gain on disposal of assets |
GainLossOnSaleOfOtherAssets
|
$54.52K | USD | 1 Quarter |
| Gain on disposal of assets |
GainLossOnSaleOfOtherAssets
|
- | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$-1.50M | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$-218.41K | USD | 1 Quarter |
| Gain on sale of investments |
GainOnSaleOfInvestments
|
- | USD | 1 Quarter |
| Gain on sale of investments |
GainOnSaleOfInvestments
|
$5.05M | USD | 1 Quarter |
| Loss on sale of investments |
GainLossOnSaleOfInvestments
|
$2.82M | USD | 1 Quarter |
| Loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-25.81K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-1.61M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-2.18M | USD | 1 Quarter |
| Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock |
ShareBasedCompensation
|
$3.85M | USD | 1 Quarter |
| Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock |
ShareBasedCompensation
|
$4.74M | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$702.58K | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$341.23K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$28.29M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$12.35M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$8.28M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-29.86M | USD | 1 Quarter |
| Prepaid expenses and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-534.13K | USD | 1 Quarter |
| Prepaid expenses and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-133.88K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$7.89M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-10.20M | USD | 1 Quarter |
| Accrued liabilities, excluding dividends declared |
IncreaseDecreaseInAccruedLiabilities
|
$30.74M | USD | 1 Quarter |
| Accrued liabilities, excluding dividends declared |
IncreaseDecreaseInAccruedLiabilities
|
$39.91M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$97.42M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$97.72M | USD | 1 Quarter |
| Sales proceeds |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$10.63M | USD | 1 Quarter |
| Sales proceeds |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$23.86M | USD | 1 Quarter |
| Maturities and calls |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Maturities and calls |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$3.00M | USD | 1 Quarter |
| Purchases |
PaymentsToAcquireAvailableForSaleSecurities
|
$33.14M | USD | 1 Quarter |
| Purchases |
PaymentsToAcquireAvailableForSaleSecurities
|
$24.49M | USD | 1 Quarter |
| Plant and equipment additions |
PaymentsToAcquireProductiveAssets
|
$16.42M | USD | 1 Quarter |
| Plant and equipment additions |
PaymentsToAcquireProductiveAssets
|
$12.67M | USD | 1 Quarter |
| Proceeds from sale of plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$35.01K | USD | 1 Quarter |
| Proceeds from sale of plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$9.50K | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$706.90K | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$285.35K | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.30M | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-32.88M | USD | 1 Quarter |
| Repayment of long-term debt |
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
$-1.88M | USD | 1 Quarter |
| Repayment of long-term debt |
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
- | USD | 1 Quarter |
| Issuance of common stock from stock plan transactions |
ProceedsFromIssuanceOfCommonStock
|
$6.23M | USD | 1 Quarter |
| Issuance of common stock from stock plan transactions |
ProceedsFromIssuanceOfCommonStock
|
$6.59M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$20.38M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$18.60M | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$702.58K | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$341.23K | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-15.33M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-11.67M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$65.10M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$52.87M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$442.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$309.59M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$374.69M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$389.68M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$442.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$309.59M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$374.69M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$389.68M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$68.57M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$45.43M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-601.75K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-91.25K | USD | 1 Quarter |
| Unrealized gains on available-for sales securities, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-3.69M | USD | 1 Quarter |
| Unrealized gains on available-for sales securities, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$9.19M | USD | 1 Quarter |
| Other comprehensive income, before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$8.59M | USD | 1 Quarter |
| Other comprehensive income, before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-3.78M | USD | 1 Quarter |
| Provision for income taxes related to components of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$3.22M | USD | 1 Quarter |
| Provision for income taxes related to components of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$-1.29M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$5.37M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.49M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$50.81M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$66.07M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.