◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

GENTEX CORP CIK: 355811 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0000355811-22-000043
Period End Date 20220930
Filing Date 20221104
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance gntx-20220930_htm.xml
Filing Contents
Balance Sheet 55 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $262.31M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $222.93M USD Point-in-time
Short-term investments ShortTermInvestments $5.42M USD Point-in-time
Short-term investments ShortTermInvestments $16.12M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $249.79M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $292.41M USD Point-in-time
Inventories InventoryNet $316.27M USD Point-in-time
Inventories InventoryNet $418.29M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $39.18M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $39.57M USD Point-in-time
Total current assets AssetsCurrent $989.32M USD Point-in-time
Total current assets AssetsCurrent $872.98M USD Point-in-time
PLANT AND EQUIPMENTNET PropertyPlantAndEquipmentNet $464.12M USD Point-in-time
PLANT AND EQUIPMENTNET PropertyPlantAndEquipmentNet $526.68M USD Point-in-time
Goodwill Goodwill $313.85M USD Point-in-time
Goodwill Goodwill $313.96M USD Point-in-time
Long-term investments LongTermInvestments $207.69M USD Point-in-time
Long-term investments LongTermInvestments $154.43M USD Point-in-time
Equity method investments EquitySecuritiesWithoutReadilyDeterminableFairValueAmount - USD Point-in-time
Equity method investments EquitySecuritiesWithoutReadilyDeterminableFairValueAmount $39.68M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $224.19M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $239.19M USD Point-in-time
Patents and other assets, net PatentAndOtherAssetsNet $33.45M USD Point-in-time
Patents and other assets, net PatentAndOtherAssetsNet $63.17M USD Point-in-time
Total other assets OtherAssetsNoncurrent $794.29M USD Point-in-time
Total other assets OtherAssetsNoncurrent $795.32M USD Point-in-time
Total assets Assets $2.13B USD Point-in-time
Total assets Assets $2.31B USD Point-in-time
Accounts payable AccountsPayableCurrent $171.44M USD Point-in-time
Accounts payable AccountsPayableCurrent $98.34M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $83.31M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $93.73M USD Point-in-time
Total current liabilities LiabilitiesCurrent $265.16M USD Point-in-time
Total current liabilities LiabilitiesCurrent $181.66M USD Point-in-time
OTHER NON-CURRENT LIABILITIES OtherLiabilitiesNoncurrent $12.11M USD Point-in-time
OTHER NON-CURRENT LIABILITIES OtherLiabilitiesNoncurrent $11.75M USD Point-in-time
Total liabilities Liabilities $193.40M USD Point-in-time
Total liabilities Liabilities $277.28M USD Point-in-time
Common stock CommonStockValue $14.08M USD Point-in-time
Common stock CommonStockValue $14.19M USD Point-in-time
Common stock CommonStockValue $5.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $908.62M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $879.41M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.11B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.04B USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.93M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.29M USD Point-in-time
Total shareholders investment StockholdersEquity $1.96B USD Point-in-time
Total shareholders investment StockholdersEquity $1.89B USD Point-in-time
Total shareholders investment StockholdersEquity $1.92B USD Point-in-time
Total shareholders investment StockholdersEquity $1.94B USD Point-in-time
Total shareholders investment StockholdersEquity $1.99B USD Point-in-time
Total shareholders investment StockholdersEquity $2.03B USD Point-in-time
Total liabilities and shareholders investment LiabilitiesAndStockholdersEquity $2.31B USD Point-in-time
Total liabilities and shareholders investment LiabilitiesAndStockholdersEquity $2.13B USD Point-in-time
Income Statement 64 line items
Line Item Tag Value Unit Period
NET SALES RevenueFromContractWithCustomerExcludingAssessedTax $1.31B USD 3 Qtrs
NET SALES RevenueFromContractWithCustomerExcludingAssessedTax $399.60M USD 1 Quarter
NET SALES RevenueFromContractWithCustomerExcludingAssessedTax $493.64M USD 1 Quarter
NET SALES RevenueFromContractWithCustomerExcludingAssessedTax $1.43B USD 3 Qtrs
COST OF GOODS SOLD CostOfGoodsAndServicesSold $835.53M USD 3 Qtrs
COST OF GOODS SOLD CostOfGoodsAndServicesSold $258.70M USD 1 Quarter
COST OF GOODS SOLD CostOfGoodsAndServicesSold $969.33M USD 3 Qtrs
COST OF GOODS SOLD CostOfGoodsAndServicesSold $346.44M USD 1 Quarter
Gross profit GrossProfit $140.90M USD 1 Quarter
Gross profit GrossProfit $147.20M USD 1 Quarter
Gross profit GrossProfit $455.98M USD 3 Qtrs
Gross profit GrossProfit $475.80M USD 3 Qtrs
Engineering, research and development ResearchAndDevelopmentExpense $33.54M USD 1 Quarter
Engineering, research and development ResearchAndDevelopmentExpense $29.75M USD 1 Quarter
Engineering, research and development ResearchAndDevelopmentExpense $86.46M USD 3 Qtrs
Engineering, research and development ResearchAndDevelopmentExpense $98.37M USD 3 Qtrs
Selling, general & administrative SellingGeneralAndAdministrativeExpense $81.72M USD 3 Qtrs
Selling, general & administrative SellingGeneralAndAdministrativeExpense $22.98M USD 1 Quarter
Selling, general & administrative SellingGeneralAndAdministrativeExpense $26.87M USD 1 Quarter
Selling, general & administrative SellingGeneralAndAdministrativeExpense $67.51M USD 3 Qtrs
Total operating expenses OperatingExpenses $153.97M USD 3 Qtrs
Total operating expenses OperatingExpenses $180.09M USD 3 Qtrs
Total operating expenses OperatingExpenses $52.74M USD 1 Quarter
Total operating expenses OperatingExpenses $60.41M USD 1 Quarter
Income from operations OperatingIncomeLoss $88.16M USD 1 Quarter
Income from operations OperatingIncomeLoss $275.89M USD 3 Qtrs
Income from operations OperatingIncomeLoss $86.79M USD 1 Quarter
Income from operations OperatingIncomeLoss $321.82M USD 3 Qtrs
Investment income InvestmentIncomeNonoperating $1.50M USD 1 Quarter
Investment income InvestmentIncomeNonoperating $3.21M USD 3 Qtrs
Investment income InvestmentIncomeNonoperating $2.78M USD 3 Qtrs
Investment income InvestmentIncomeNonoperating $856.35K USD 1 Quarter
Other (loss) income, net OtherNonoperatingIncomeExpense $-4.83M USD 3 Qtrs
Other (loss) income, net OtherNonoperatingIncomeExpense $-2.13M USD 1 Quarter
Other (loss) income, net OtherNonoperatingIncomeExpense $872.94K USD 1 Quarter
Other (loss) income, net OtherNonoperatingIncomeExpense $2.37M USD 3 Qtrs
Total other (loss) income NonoperatingIncomeExpense $-1.62M USD 3 Qtrs
Total other (loss) income NonoperatingIncomeExpense $1.73M USD 1 Quarter
Total other (loss) income NonoperatingIncomeExpense $-629.19K USD 1 Quarter
Total other (loss) income NonoperatingIncomeExpense $5.15M USD 3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $89.89M USD 1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $86.16M USD 1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $326.98M USD 3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $274.27M USD 3 Qtrs
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $13.51M USD 1 Quarter
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $50.36M USD 3 Qtrs
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $13.23M USD 1 Quarter
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $41.68M USD 3 Qtrs
NET INCOME NetIncomeLoss $72.66M USD 1 Quarter
NET INCOME NetIncomeLoss $232.59M USD 3 Qtrs
NET INCOME NetIncomeLoss $76.66M USD 1 Quarter
NET INCOME NetIncomeLoss $276.62M USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.31 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.15 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.32 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.99 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.32 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.99 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $1.15 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.31 USD 1 Quarter
Cash Dividends Declared per Share (in dollars per share) CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Cash Dividends Declared per Share (in dollars per share) CommonStockDividendsPerShareDeclared $0.36 USD 3 Qtrs
Cash Dividends Declared per Share (in dollars per share) CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Cash Dividends Declared per Share (in dollars per share) CommonStockDividendsPerShareDeclared $0.36 USD 3 Qtrs
Cash Flow Statement 66 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $72.66M USD 1 Quarter
Net income NetIncomeLoss $232.59M USD 3 Qtrs
Net income NetIncomeLoss $76.66M USD 1 Quarter
Net income NetIncomeLoss $276.62M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $75.11M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $73.29M USD 3 Qtrs
(Gain) on disposal of assets GainOnDisposalOfAssets $459.53K USD 3 Qtrs
(Gain) on disposal of assets GainOnDisposalOfAssets $56.26K USD 3 Qtrs
Loss on disposal of assets LossOnDispositionOfAssets $22.10K USD 3 Qtrs
Loss on disposal of assets LossOnDispositionOfAssets $213.43K USD 3 Qtrs
(Gain) on sale of investments GainOnSaleOfInvestments $391.38K USD 3 Qtrs
(Gain) on sale of investments GainOnSaleOfInvestments $969.97K USD 3 Qtrs
Loss on sale of investments LossOnSaleOfInvestments $192.35K USD 3 Qtrs
Loss on sale of investments LossOnSaleOfInvestments $1.25M USD 3 Qtrs
Change in deferred income taxes DeferredIncomeTaxExpenseBenefit $4.79M USD 3 Qtrs
Change in deferred income taxes DeferredIncomeTaxExpenseBenefit $-20.27M USD 3 Qtrs
Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock ShareBasedCompensation $22.97M USD 3 Qtrs
Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock ShareBasedCompensation $20.11M USD 3 Qtrs
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-43.70M USD 3 Qtrs
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $42.62M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $102.02M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $66.31M USD 3 Qtrs
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $45.50M USD 3 Qtrs
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $16.98M USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $15.75M USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $52.51M USD 3 Qtrs
Accrued liabilities, excluding dividends declared and short-term debt IncreaseDecreaseInAccruedLiabilities $11.00M USD 3 Qtrs
Accrued liabilities, excluding dividends declared and short-term debt IncreaseDecreaseInAccruedLiabilities $1.20M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $299.38M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $236.36M USD 3 Qtrs
Sales proceeds ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $37.43M USD 3 Qtrs
Sales proceeds ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $34.25M USD 3 Qtrs
Maturities and calls ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $26.11M USD 3 Qtrs
Maturities and calls ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $3.50M USD 3 Qtrs
Purchases PaymentsToAcquireAvailableForSaleSecuritiesDebt $25.30M USD 3 Qtrs
Purchases PaymentsToAcquireAvailableForSaleSecuritiesDebt $86.23M USD 3 Qtrs
Purchase of equity method investments PaymentsToAcquireEquityMethodInvestments $24.25M USD 3 Qtrs
Purchase of equity method investments PaymentsToAcquireEquityMethodInvestments - USD 3 Qtrs
Plant and equipment additions PaymentsToAcquireProductiveAssets $108.48M USD 3 Qtrs
Plant and equipment additions PaymentsToAcquireProductiveAssets $44.36M USD 3 Qtrs
Proceeds from sale of plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $2.55M USD 3 Qtrs
Proceeds from sale of plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $91.95K USD 3 Qtrs
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 3 Qtrs
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $12.02M USD 3 Qtrs
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $2.76M USD 3 Qtrs
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $2.31M USD 3 Qtrs
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-82.46M USD 3 Qtrs
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-119.32M USD 3 Qtrs
Issuance of common stock from stock plan transactions ProceedsFromIssuanceOfCommonStock $12.37M USD 3 Qtrs
Issuance of common stock from stock plan transactions ProceedsFromIssuanceOfCommonStock $20.77M USD 3 Qtrs
Cash dividends paid PaymentsOfDividendsCommonStock $86.90M USD 3 Qtrs
Cash dividends paid PaymentsOfDividendsCommonStock $84.94M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $83.84M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $304.20M USD 3 Qtrs
Net cash used for financing activities NetCashProvidedByUsedInFinancingActivities $-156.42M USD 3 Qtrs
Net cash used for financing activities NetCashProvidedByUsedInFinancingActivities $-370.32M USD 3 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-153.41M USD 3 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-39.38M USD 3 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $423.37M USD Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $269.97M USD Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $262.31M USD Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $222.93M USD Point-in-time
CASH AND CASH EQUIVALENTS, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $423.37M USD Point-in-time
CASH AND CASH EQUIVALENTS, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $269.97M USD Point-in-time
CASH AND CASH EQUIVALENTS, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $262.31M USD Point-in-time
CASH AND CASH EQUIVALENTS, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $222.93M USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $72.66M USD 1 Quarter
Net income NetIncomeLoss $232.59M USD 3 Qtrs
Net income NetIncomeLoss $76.66M USD 1 Quarter
Net income NetIncomeLoss $276.62M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-238.38K USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $17.75M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-349.17K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $13.72M USD 3 Qtrs
Unrealized losses on debt securities, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-15.65M USD 3 Qtrs
Unrealized losses on debt securities, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-4.44M USD 1 Quarter
Unrealized losses on debt securities, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-816.80K USD 1 Quarter
Unrealized losses on debt securities, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-4.23M USD 3 Qtrs
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $13.31M USD 1 Quarter
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $-1.17M USD 1 Quarter
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $-1.93M USD 3 Qtrs
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $-4.47M USD 3 Qtrs
Income tax impact related to components of other comprehensive (loss) income OtherComprehensiveIncomeLossTax $-171.53K USD 1 Quarter
Income tax impact related to components of other comprehensive (loss) income OtherComprehensiveIncomeLossTax $-932.98K USD 1 Quarter
Income tax impact related to components of other comprehensive (loss) income OtherComprehensiveIncomeLossTax $-3.29M USD 3 Qtrs
Income tax impact related to components of other comprehensive (loss) income OtherComprehensiveIncomeLossTax $-888.40K USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.36M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-994.44K USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $14.24M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-3.58M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTax $233.95M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTax $273.04M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTax $86.90M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $75.67M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...