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10-K Filing

GENCOR INDUSTRIES INC CIK: 64472 FY 2014
Filing Information
Form Type 10-K
Accession Number 0001193125-14-437215
Period End Date 20140930
Filing Date 20141209
Fiscal Year 2014
Fiscal Period FY
XBRL Instance genc-20140930.xml
Filing Contents
Balance Sheet 55 line items
Line Item Tag Value Unit Period
Marketable securities, cost MarketableSecurities $81.17M USD Point-in-time
Marketable securities, cost MarketableSecurities $85.00M USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $244.00K USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $309.00K USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.10 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $9.56M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.19M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.10 USD Point-in-time
Marketable securities at fair value (cost of $84,997,000 at September 30, 2014 and $81,165,000 at September 30, 2013) MarketableSecuritiesCurrent $87.11M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 300,000.00 shares Point-in-time
Marketable securities at fair value (cost of $84,997,000 at September 30, 2014 and $81,165,000 at September 30, 2013) MarketableSecuritiesCurrent $83.11M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 300,000.00 shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $244,000 at September 30, 2014 and $309,000 at September 30, 2013 AccountsReceivableNetCurrent $1.45M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $244,000 at September 30, 2014 and $309,000 at September 30, 2013 AccountsReceivableNetCurrent $1.20M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Costs and estimated earnings in excess of billings ReceivablesLongTermContractsOrPrograms $344.00K USD Point-in-time
Inventories, net InventoryNet $14.13M USD Point-in-time
Inventories, net InventoryNet $13.67M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $849.00K USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $795.00K USD Point-in-time
Total current assets AssetsCurrent $110.62M USD Point-in-time
Total current assets AssetsCurrent $108.79M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $7.14M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $8.08M USD Point-in-time
Other assets OtherAssetsNoncurrent $78.00K USD Point-in-time
Other assets OtherAssetsNoncurrent $68.00K USD Point-in-time
Total Assets Assets $116.95M USD Point-in-time
Total Assets Assets $117.83M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.28M USD Point-in-time
Accounts payable AccountsPayableCurrent $947.00K USD Point-in-time
Customer deposits CustomerDepositsCurrent $324.00K USD Point-in-time
Customer deposits CustomerDepositsCurrent $1.94M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $1.69M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.81M USD Point-in-time
Total current liabilities LiabilitiesCurrent $6.04M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.96M USD Point-in-time
Deferred and other income taxes DeferredTaxLiabilitiesNoncurrent $693.00K USD Point-in-time
Deferred and other income taxes DeferredTaxLiabilitiesNoncurrent $484.00K USD Point-in-time
Total liabilities Liabilities $3.65M USD Point-in-time
Total liabilities Liabilities $6.52M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, par value $.10 per share; 300,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Preferred stock, par value $.10 per share; 300,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $10.29M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $10.57M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $99.18M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $102.66M USD Point-in-time
Total shareholders' equity StockholdersEquity $103.46M USD Point-in-time
Total shareholders' equity StockholdersEquity $114.17M USD Point-in-time
Total shareholders' equity StockholdersEquity $110.43M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $116.95M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $117.83M USD Point-in-time
Income Statement 118 line items
Line Item Tag Value Unit Period
Net revenue SalesRevenueGoodsNet $48.94M USD Annual
Net revenue SalesRevenueGoodsNet $14.54M USD 1 Quarter
Net revenue SalesRevenueGoodsNet $7.57M USD 1 Quarter
Net revenue SalesRevenueGoodsNet $10.02M USD 1 Quarter
Net revenue SalesRevenueGoodsNet $40.02M USD Annual
Net revenue SalesRevenueGoodsNet $4.91M USD 1 Quarter
Net revenue SalesRevenueGoodsNet $18.69M USD 1 Quarter
Net revenue SalesRevenueGoodsNet $10.55M USD 1 Quarter
Net revenue SalesRevenueGoodsNet $17.74M USD 1 Quarter
Net revenue SalesRevenueGoodsNet $4.95M USD 1 Quarter
Production costs CostOfRevenue $6.28M USD 1 Quarter
Production costs CostOfRevenue $4.53M USD 1 Quarter
Production costs CostOfRevenue $8.49M USD 1 Quarter
Production costs CostOfRevenue $8.27M USD 1 Quarter
Production costs CostOfRevenue $10.85M USD 1 Quarter
Production costs CostOfRevenue $37.94M USD Annual
Production costs CostOfRevenue $13.72M USD 1 Quarter
Production costs CostOfRevenue $13.41M USD 1 Quarter
Production costs CostOfRevenue $32.19M USD Annual
Production costs CostOfRevenue $4.59M USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $1.71M USD Annual
Product engineering and development ResearchAndDevelopmentExpense $391.00K USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $420.00K USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $454.00K USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $448.00K USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $1.42M USD Annual
Product engineering and development ResearchAndDevelopmentExpense $380.00K USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $339.00K USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $351.00K USD 1 Quarter
Product engineering and development ResearchAndDevelopmentExpense $352.00K USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.87M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.96M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.52M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $6.43M USD Annual
Selling, general and administrative SellingGeneralAndAdministrativeExpense $902.00K USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.56M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $6.71M USD Annual
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.98M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.62M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.73M USD 1 Quarter
Total operating expenses OperatingExpenses $40.04M USD Annual
Total operating expenses OperatingExpenses $46.37M USD Annual
Income (loss) from operations OperatingIncomeLoss $2.58M USD Annual
Income (loss) from operations OperatingIncomeLoss $1.89M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $1.82M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $2.68M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-1.64M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $372.00K USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-582.00K USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-3.00K USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-1.99M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-26.00K USD Annual
Interest and dividend income, net of fees InterestAndDividendIncomeOperating $2.28M USD Annual
Interest and dividend income, net of fees InterestAndDividendIncomeOperating $1.79M USD Annual
Realized and unrealized gains on marketable securities, net MarketableSecuritiesGainLoss $1.46M USD Annual
Realized and unrealized gains on marketable securities, net MarketableSecuritiesGainLoss $2.21M USD Annual
Other OtherNonoperatingIncomeExpense $18.00K USD Annual
Other OtherNonoperatingIncomeExpense $440.00K USD Annual
Other income (expense), net NonoperatingIncomeExpense $4.44M USD Annual
Other income (expense), net NonoperatingIncomeExpense $1.82M USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $2.27M USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $1.46M USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $1.18M USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $3.75M USD Annual
Other income (expense), net NonoperatingIncomeExpense $1.07M USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $679.00K USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $179.00K USD 1 Quarter
Other income (expense), net NonoperatingIncomeExpense $-473.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.11M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $6.33M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.81M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.36M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.07M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $4.41M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.71M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.64M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $881.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $1.10M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $435.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $940.00K USD Annual
Income tax expense (benefit) IncomeTaxExpenseBenefit $873.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $977.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $-1.57M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $733.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $-835.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $-392.00K USD Annual
Income tax expense (benefit) IncomeTaxExpenseBenefit $-1.16M USD 1 Quarter
Net income NetIncomeLoss $6.72M USD Annual
Net income NetIncomeLoss $-537.00K USD 1 Quarter
Net income NetIncomeLoss $2.98M USD 1 Quarter
Net income NetIncomeLoss $2.49M USD 1 Quarter
Net income NetIncomeLoss $1.90M USD 1 Quarter
Net income NetIncomeLoss $-976.00K USD 1 Quarter
Net income NetIncomeLoss $446.00K USD 1 Quarter
Net income NetIncomeLoss $1.66M USD 1 Quarter
Net income NetIncomeLoss $3.47M USD Annual
Net income NetIncomeLoss $2.23M USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.05 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $-0.10 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.31 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.26 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $-0.06 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.71 USD Annual
Basic earnings per share EarningsPerShareBasic $0.36 USD Annual
Basic earnings per share EarningsPerShareBasic $0.17 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.20 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.24 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.05 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.31 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.20 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.26 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.36 USD Annual
Diluted earnings per share EarningsPerShareDiluted $0.17 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $-0.06 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.71 USD Annual
Diluted earnings per share EarningsPerShareDiluted $-0.10 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.24 USD 1 Quarter
Cash Flow Statement 59 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $6.72M USD Annual
Net Income NetIncomeLoss $-537.00K USD 1 Quarter
Net Income NetIncomeLoss $2.98M USD 1 Quarter
Net Income NetIncomeLoss $2.49M USD 1 Quarter
Net Income NetIncomeLoss $1.90M USD 1 Quarter
Net Income NetIncomeLoss $-976.00K USD 1 Quarter
Net Income NetIncomeLoss $446.00K USD 1 Quarter
Net Income NetIncomeLoss $1.66M USD 1 Quarter
Net Income NetIncomeLoss $3.47M USD Annual
Net Income NetIncomeLoss $2.23M USD 1 Quarter
Purchase of marketable securities PaymentsToAcquireMarketableSecurities $64.52M USD Annual
Purchase of marketable securities PaymentsToAcquireMarketableSecurities $351.06M USD Annual
Proceeds from sale and maturity of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $348.85M USD Annual
Proceeds from sale and maturity of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $64.07M USD Annual
Change in value of marketable securities IncreaseDecreaseInMarketableSecuritiesRestricted $1.78M USD Annual
Change in value of marketable securities IncreaseDecreaseInMarketableSecuritiesRestricted $1.29M USD Annual
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-209.00K USD Annual
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $490.00K USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $1.37M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $1.23M USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $65.00K USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $60.00K USD Annual
(Gain) loss on disposal of assets GainLossOnDispositionOfAssets $413.00K USD Annual
(Gain) loss on disposal of assets GainLossOnDispositionOfAssets $-25.00K USD Annual
Stock-based compensation ShareBasedCompensation $243.00K USD Annual
Stock-based compensation ShareBasedCompensation $263.00K USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $308.00K USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $59.00K USD Annual
Costs and estimated earnings in excess of billings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $-344.00K USD Annual
Costs and estimated earnings in excess of billings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $3.45M USD Annual
Inventories IncreaseDecreaseInInventories $2.21M USD Annual
Inventories IncreaseDecreaseInInventories $-453.00K USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $13.00K USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $54.00K USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-336.00K USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-598.00K USD Annual
Customer deposits IncreaseDecreaseInCustomerDeposits $-1.62M USD Annual
Customer deposits IncreaseDecreaseInCustomerDeposits $1.46M USD Annual
Accrued expenses and other IncreaseDecreaseInAccruedLiabilities $-1.12M USD Annual
Accrued expenses and other IncreaseDecreaseInAccruedLiabilities $-701.00K USD Annual
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $669.00K USD Annual
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-5.84M USD Annual
Cash flows provided by (used in) operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-2.36M USD Annual
Cash flows provided by (used in) operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $7.39M USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $696.00K USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $1.20M USD Annual
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $685.00K USD Annual
Cash flows used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-11.00K USD Annual
Cash flows used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.20M USD Annual
Proceeds from stock option exercises ProceedsFromStockOptionsExercised $11.00K USD Annual
Cash flows provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $11.00K USD Annual
Net increase (decrease) in cash CashAndCashEquivalentsPeriodIncreaseDecrease $-2.36M USD Annual
Net increase (decrease) in cash CashAndCashEquivalentsPeriodIncreaseDecrease $6.20M USD Annual
Beginning of year CashAndCashEquivalentsAtCarryingValue $9.56M USD Point-in-time
Beginning of year CashAndCashEquivalentsAtCarryingValue $3.36M USD Point-in-time
Beginning of year CashAndCashEquivalentsAtCarryingValue $7.19M USD Point-in-time
End of year CashAndCashEquivalentsAtCarryingValue $9.56M USD Point-in-time
End of year CashAndCashEquivalentsAtCarryingValue $3.36M USD Point-in-time
End of year CashAndCashEquivalentsAtCarryingValue $7.19M USD Point-in-time
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $103.46M USD Point-in-time
Beginning balance StockholdersEquity $114.17M USD Point-in-time
Beginning balance StockholdersEquity $110.43M USD Point-in-time
Net Income NetIncomeLoss $6.72M USD Annual
Net Income NetIncomeLoss $-537.00K USD 1 Quarter
Net Income NetIncomeLoss $2.98M USD 1 Quarter
Net Income NetIncomeLoss $2.49M USD 1 Quarter
Net Income NetIncomeLoss $1.90M USD 1 Quarter
Net Income NetIncomeLoss $-976.00K USD 1 Quarter
Net Income NetIncomeLoss $446.00K USD 1 Quarter
Net Income NetIncomeLoss $1.66M USD 1 Quarter
Net Income NetIncomeLoss $3.47M USD Annual
Net Income NetIncomeLoss $2.23M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $243.00K USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $263.00K USD Annual
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $11.00K USD Annual
Ending balance StockholdersEquity $103.46M USD Point-in-time
Ending balance StockholdersEquity $114.17M USD Point-in-time
Ending balance StockholdersEquity $110.43M USD Point-in-time

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

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