10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000355811-18-000022 |
| Period End Date | 20180331 |
| Filing Date | 20180504 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | gntx-20180504_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$559.65M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$524.32M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$546.48M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$569.73M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$152.54M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$152.18M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$231.12M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$246.43M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$216.77M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$207.23M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$14.40M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$11.53M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.14B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.18B | USD | Point-in-time |
| PLANT AND EQUIPMENTNET |
PropertyPlantAndEquipmentNet
|
$492.48M | USD | Point-in-time |
| PLANT AND EQUIPMENTNET |
PropertyPlantAndEquipmentNet
|
$496.27M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.37M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.37M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$3.24M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$57.78M | USD | Point-in-time |
| Intangible Assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$288.98M | USD | Point-in-time |
| Intangible Assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$284.15M | USD | Point-in-time |
| Patents and other assets, net |
PatentAndOtherAssetsNet
|
$20.89M | USD | Point-in-time |
| Patents and other assets, net |
PatentAndOtherAssetsNet
|
$21.63M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$675.01M | USD | Point-in-time |
| Total other assets |
OtherAssetsNoncurrent
|
$616.38M | USD | Point-in-time |
| Total assets |
Assets
|
$2.35B | USD | Point-in-time |
| Total assets |
Assets
|
$2.25B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$89.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$77.31M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$50.00M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$78.00M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$100.86M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$75.75M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$228.17M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$243.65M | USD | Point-in-time |
| DEFERRED INCOME TAXES |
DeferredTaxLiabilitiesNoncurrent
|
$56.21M | USD | Point-in-time |
| DEFERRED INCOME TAXES |
DeferredTaxLiabilitiesNoncurrent
|
$58.89M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$284.37M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$302.54M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$16.43M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$16.82M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$723.51M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$742.49M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.30B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.21B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.21M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$7.19M | USD | Point-in-time |
| Total shareholders investment |
StockholdersEquity
|
$2.05B | USD | Point-in-time |
| Total shareholders investment |
StockholdersEquity
|
$1.97B | USD | Point-in-time |
| Total liabilities and shareholders investment |
LiabilitiesAndStockholdersEquity
|
$2.35B | USD | Point-in-time |
| Total liabilities and shareholders investment |
LiabilitiesAndStockholdersEquity
|
$2.25B | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET SALES |
SalesRevenueGoodsNet
|
$465.42M | USD | 1 Quarter |
| NET SALES |
SalesRevenueGoodsNet
|
$453.54M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsSold
|
$277.73M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsSold
|
$292.79M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$172.63M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$175.80M | USD | 1 Quarter |
| Engineering, research and development |
ResearchAndDevelopmentExpense
|
$25.15M | USD | 1 Quarter |
| Engineering, research and development |
ResearchAndDevelopmentExpense
|
$26.05M | USD | 1 Quarter |
| Selling, general & administrative |
SellingGeneralAndAdministrativeExpense
|
$18.06M | USD | 1 Quarter |
| Selling, general & administrative |
SellingGeneralAndAdministrativeExpense
|
$16.22M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$44.11M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$41.37M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$134.43M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$128.52M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$1.47M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$2.04M | USD | 1 Quarter |
| Other Income (Loss), net |
OtherNonoperatingIncomeExpense
|
$-1.03M | USD | 1 Quarter |
| Other Income (Loss), net |
OtherNonoperatingIncomeExpense
|
$1.21M | USD | 1 Quarter |
| Total Other Income |
NonoperatingIncomeExpense
|
$3.24M | USD | 1 Quarter |
| Total Other Income |
NonoperatingIncomeExpense
|
$437.78K | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$131.76M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$134.86M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$37.31M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$20.51M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$111.25M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$97.56M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.40 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.34 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.33 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.40 | USD | 1 Quarter |
| Cash Dividends Declared per Share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.09 | USD | 1 Quarter |
| Cash Dividends Declared per Share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.11 | USD | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
NetIncomeLoss
|
$111.25M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$97.56M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$25.18M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$28.05M | USD | 1 Quarter |
| Gain on disposal of assets |
GainLossOnSaleOfOtherAssets
|
$146.26K | USD | 1 Quarter |
| Gain on disposal of assets |
GainLossOnSaleOfOtherAssets
|
$4.37K | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$-359.96K | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$-8.68K | USD | 1 Quarter |
| Gain on sale of investments |
GainOnSaleOfInvestments
|
$274.84K | USD | 1 Quarter |
| Gain on sale of investments |
GainOnSaleOfInvestments
|
$1.25M | USD | 1 Quarter |
| Loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-529.48K | USD | 1 Quarter |
| Loss on sale of investments |
GainLossOnSaleOfInvestments
|
$-21.43K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$5.72M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-2.75M | USD | 1 Quarter |
| Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock |
ShareBasedCompensation
|
$4.42M | USD | 1 Quarter |
| Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock |
ShareBasedCompensation
|
$3.98M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$15.31M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$37.87M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$7.78M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-9.53M | USD | 1 Quarter |
| Prepaid expenses and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.87M | USD | 1 Quarter |
| Prepaid expenses and other |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-18.86M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-12.59M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-2.25M | USD | 1 Quarter |
| Accrued liabilities, excluding dividends declared and short-term debt |
IncreaseDecreaseInAccruedLiabilities
|
$23.13M | USD | 1 Quarter |
| Accrued liabilities, excluding dividends declared and short-term debt |
IncreaseDecreaseInAccruedLiabilities
|
$27.39M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$131.19M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$147.45M | USD | 1 Quarter |
| Sales proceeds |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$1.32M | USD | 1 Quarter |
| Sales proceeds |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$53.82M | USD | 1 Quarter |
| Maturities and calls |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$3.00M | USD | 1 Quarter |
| Maturities and calls |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$6.10M | USD | 1 Quarter |
| Purchases |
PaymentsToAcquireAvailableForSaleSecurities
|
$1.21M | USD | 1 Quarter |
| Purchases |
PaymentsToAcquireAvailableForSaleSecurities
|
$16.23M | USD | 1 Quarter |
| Plant and equipment additions |
PaymentsToAcquireProductiveAssets
|
$26.25M | USD | 1 Quarter |
| Plant and equipment additions |
PaymentsToAcquireProductiveAssets
|
$27.12M | USD | 1 Quarter |
| Proceeds from sale of plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$67.40K | USD | 1 Quarter |
| Proceeds from sale of plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$15.00K | USD | 1 Quarter |
| Decrease (Increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-45.32K | USD | 1 Quarter |
| Decrease (Increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$588.36K | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$29.47M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-36.50M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfLongTermDebt
|
$41.88M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfLongTermDebt
|
$28.00M | USD | 1 Quarter |
| Issuance of common stock from stock plan transactions |
ProceedsFromIssuanceOfCommonStock
|
$36.27M | USD | 1 Quarter |
| Issuance of common stock from stock plan transactions |
ProceedsFromIssuanceOfCommonStock
|
$17.24M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$25.90M | USD | 1 Quarter |
| Cash dividends paid |
PaymentsOfDividendsCommonStock
|
$28.03M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$30.99M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$202.57M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-81.52M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-222.33M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$13.17M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-45.41M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$559.65M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$524.32M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$546.48M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$569.73M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$559.65M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$524.32M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$546.48M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$569.73M | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
NetIncomeLoss
|
$111.25M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$97.56M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$188.59K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$1.63M | USD | 1 Quarter |
| Unrealized gains on derivatives |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$67.05K | USD | 1 Quarter |
| Unrealized gains on derivatives |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$641.98K | USD | 1 Quarter |
| Unrealized gains (losses) on debt securities, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-21.28K | USD | 1 Quarter |
| Unrealized gains (losses) on debt securities, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$2.17M | USD | 1 Quarter |
| Other comprehensive income, before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$1.67M | USD | 1 Quarter |
| Other comprehensive income, before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$3.00M | USD | 1 Quarter |
| Expense for income taxes related to components of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$984.28K | USD | 1 Quarter |
| Expense for income taxes related to components of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$9.61K | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.02M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.66M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$99.57M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$112.91M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.