10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000355811-16-000072 |
| Period End Date | 20160331 |
| Filing Date | 20160505 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | gntx-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
53 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$497.43M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$626.47M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$551.56M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$549.91M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$4.55M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$9.60M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$195.97M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$223.99M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$188.62M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$174.70M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$57.24M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$11.47M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$984.01M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.06B | USD | Point-in-time |
| PLANT AND EQUIPMENTNET |
PropertyPlantAndEquipmentNet
|
$414.70M | USD | Point-in-time |
| PLANT AND EQUIPMENTNET |
PropertyPlantAndEquipmentNet
|
$412.72M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.37M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.37M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$95.16M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$71.06M | USD | Point-in-time |
| Intangible Assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$327.57M | USD | Point-in-time |
| Intangible Assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$322.75M | USD | Point-in-time |
| Patents and other assets, net |
PatentsandOtherAssetsNet
|
$21.29M | USD | Point-in-time |
| Patents and other assets, net |
PatentsandOtherAssetsNet
|
$21.85M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$751.94M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$722.47M | USD | Point-in-time |
| Total assets |
Assets
|
$2.20B | USD | Point-in-time |
| Total assets |
Assets
|
$2.15B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$66.35M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$79.42M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$115.90M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$64.65M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$131.01M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$195.32M | USD | Point-in-time |
| LONG TERM DEBT |
LongTermDebt
|
$208.75M | USD | Point-in-time |
| LONG TERM DEBT |
LongTermDebt
|
$225.62M | USD | Point-in-time |
| DEFERRED INCOME TAXES |
DeferredTaxLiabilitiesNoncurrent
|
$69.52M | USD | Point-in-time |
| DEFERRED INCOME TAXES |
DeferredTaxLiabilitiesNoncurrent
|
$44.28M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$448.36M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$426.16M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$17.35M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$17.48M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$596.78M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$607.28M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.13B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.11B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.13M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.89M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.80M | USD | Point-in-time |
| Total shareholders investment |
StockholdersEquity
|
$1.75B | USD | Point-in-time |
| Total shareholders investment |
StockholdersEquity
|
$1.72B | USD | Point-in-time |
| Total liabilities and shareholders investment |
LiabilitiesAndStockholdersEquity
|
$2.15B | USD | Point-in-time |
| Total liabilities and shareholders investment |
LiabilitiesAndStockholdersEquity
|
$2.20B | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET SALES |
SalesRevenueGoodsNet
|
$405.57M | USD | 1 Quarter |
| NET SALES |
SalesRevenueGoodsNet
|
$368.94M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsSold
|
$246.88M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsSold
|
$225.85M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$158.69M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$143.09M | USD | 1 Quarter |
| Engineering, research and development |
ResearchAndDevelopmentExpense
|
$23.09M | USD | 1 Quarter |
| Engineering, research and development |
ResearchAndDevelopmentExpense
|
$21.59M | USD | 1 Quarter |
| Selling, general & administrative |
SellingGeneralAndAdministrativeExpense
|
$13.80M | USD | 1 Quarter |
| Selling, general & administrative |
SellingGeneralAndAdministrativeExpense
|
$14.75M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$37.84M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$35.38M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$107.71M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$120.85M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$612.02K | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$790.04K | USD | 1 Quarter |
| Other (Loss) Income, net |
OtherNonoperatingIncomeExpense
|
$97.36K | USD | 1 Quarter |
| Other (Loss) Income, net |
OtherNonoperatingIncomeExpense
|
$-2.07M | USD | 1 Quarter |
| Total other (loss) income |
NonoperatingIncomeExpense
|
$-1.28M | USD | 1 Quarter |
| Total other (loss) income |
NonoperatingIncomeExpense
|
$709.38K | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$119.57M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$108.42M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$39.29M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$31.23M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$77.18M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$80.28M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.28 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.26 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.28 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.26 | USD | 1 Quarter |
| Cash Dividends Declared per Share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.08 | USD | 1 Quarter |
| Cash Dividends Declared per Share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.09 | USD | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$77.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$80.28M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$22.84M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$21.28M | USD | 1 Quarter |
| Gain on disposal of assets |
GainLossOnSaleOfOtherAssets
|
$44.41K | USD | 1 Quarter |
| Gain on disposal of assets |
GainLossOnSaleOfOtherAssets
|
$10.90K | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$-221.95K | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$-577.92K | USD | 1 Quarter |
| Gain on sale of investments |
GainOnSaleOfInvestments
|
$1.50M | USD | 1 Quarter |
| Gain on sale of investments |
GainOnSaleOfInvestments
|
$2.91M | USD | 1 Quarter |
| Loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-300.59K | USD | 1 Quarter |
| Loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-1.96M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-2.40M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-15.35K | USD | 1 Quarter |
| Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock |
ShareBasedCompensation
|
$4.97M | USD | 1 Quarter |
| Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock |
ShareBasedCompensation
|
$5.81M | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$1.07M | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$427.36K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$28.02M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$33.77M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$3.81M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$13.93M | USD | 1 Quarter |
| Prepaid expenses and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-23.52M | USD | 1 Quarter |
| Prepaid expenses and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-15.22M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.83M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$13.07M | USD | 1 Quarter |
| Accrued liabilities, excluding dividends declared |
IncreaseDecreaseInAccruedLiabilities
|
$27.73M | USD | 1 Quarter |
| Accrued liabilities, excluding dividends declared |
IncreaseDecreaseInAccruedLiabilities
|
$50.51M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$151.44M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$107.95M | USD | 1 Quarter |
| Sales proceeds |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$43.42M | USD | 1 Quarter |
| Sales proceeds |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$7.54M | USD | 1 Quarter |
| Purchases |
PaymentsToAcquireAvailableForSaleSecurities
|
$25.15M | USD | 1 Quarter |
| Purchases |
PaymentsToAcquireAvailableForSaleSecurities
|
$6.36M | USD | 1 Quarter |
| Plant and equipment additions |
PaymentsToAcquireProductiveAssets
|
$20.33M | USD | 1 Quarter |
| Plant and equipment additions |
PaymentsToAcquireProductiveAssets
|
$15.16M | USD | 1 Quarter |
| Proceeds from sale of plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$4.00 | USD | 1 Quarter |
| Proceeds from sale of plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$516.67K | USD | 1 Quarter |
| Decrease (Increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-135.90K | USD | 1 Quarter |
| Decrease (Increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.15M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.41M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-15.13M | USD | 1 Quarter |
| Repayment of long-term debt |
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
$-1.88M | USD | 1 Quarter |
| Repayment of long-term debt |
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
$-16.88M | USD | 1 Quarter |
| Issuance of common stock from stock plan transactions |
ProceedsFromIssuanceOfCommonStock
|
$10.68M | USD | 1 Quarter |
| Issuance of common stock from stock plan transactions |
ProceedsFromIssuanceOfCommonStock
|
$9.13M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$23.62M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$24.76M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$44.59M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$25.05M | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$427.36K | USD | 1 Quarter |
| Excess tax benefits from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$1.07M | USD | 1 Quarter |
| Net cash (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-40.34M | USD | 1 Quarter |
| Net cash (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-75.11M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$52.48M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$74.91M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$497.43M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$626.47M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$551.56M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$549.91M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$497.43M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$626.47M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$551.56M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$549.91M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$77.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$80.28M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-942.97K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$324.84K | USD | 1 Quarter |
| Unrealized losses on derivatives |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$-1.83M | USD | 1 Quarter |
| Unrealized losses on derivatives |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$-1.35M | USD | 1 Quarter |
| Unrealized losses on available-for sales securities, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-319.35K | USD | 1 Quarter |
| Unrealized losses on available-for sales securities, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-577.68K | USD | 1 Quarter |
| Other comprehensive loss, before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-1.35M | USD | 1 Quarter |
| Other comprehensive loss, before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-3.35M | USD | 1 Quarter |
| Benefit for income taxes related to components of other comprehensive loss |
OtherComprehensiveIncomeLossTax
|
$-843.28K | USD | 1 Quarter |
| Benefit for income taxes related to components of other comprehensive loss |
OtherComprehensiveIncomeLossTax
|
$-584.82K | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.51M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-761.25K | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$79.52M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$74.67M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.