$GNTX
GENTEX CORP Stock $gntx

$gntx Overview Financials Valuation SEC Filings Company Website

2013 Q1 Form 10-Q Financial Statement

#000035581113000006 Filed on May 06, 2013

Income Statement

Concept	2013 Q1	2012 Q1
Revenue	$269.5M	$290.7M
YoY Change	-7.3%	15.84%
Cost Of Revenue	$176.0M	$189.9M
YoY Change	-7.29%	18.23%
Gross Profit	$93.46M	$100.8M
YoY Change	-7.3%	11.64%
Gross Profit Margin	34.68%	34.68%
Selling, General & Admin	$10.93M	$12.11M
YoY Change	-9.78%	7.17%
% of Gross Profit	11.69%	12.01%
Research & Development	$18.68M	$23.22M
YoY Change	-19.52%	22.83%
% of Gross Profit	19.99%	23.02%
Depreciation & Amortization	$13.81M	$12.67M
YoY Change	8.93%	19.57%
% of Gross Profit	14.77%	12.57%
Operating Expenses	$29.61M	$35.33M
YoY Change	-16.18%	16.59%
Operating Profit	$63.85M	$65.50M
YoY Change	-2.51%	9.0%
Interest Expense	$500.0K	$600.0K
YoY Change	-16.67%	20.0%
% of Operating Profit	0.78%	0.92%
Other Income/Expense, Net	$1.900M	$3.286M
YoY Change	-42.18%	13.32%
Pretax Income	$65.75M	$68.79M
YoY Change	-4.41%	8.33%
Income Tax	$20.32M	$22.44M
% Of Pretax Income	30.91%	32.63%
Net Earnings	$45.43M	$46.35M
YoY Change	-1.97%	9.48%
Net Earnings / Revenue	16.86%	15.94%
Basic Earnings Per Share	$0.16	$0.32
Diluted Earnings Per Share	$0.16	$0.32
COMMON SHARES
Basic Shares Outstanding	142.5M shares	143.5M shares
Diluted Shares Outstanding	143.1M shares	145.0M shares

Balance Sheet

Concept	2013 Q1	2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$518.5M	$422.8M
YoY Change	22.63%	-12.28%
Cash & Equivalents	$442.6M	$370.8M
Short-Term Investments	$76.00M	$52.00M
Other Short-Term Assets	$24.80M	$23.40M
YoY Change	5.98%	14.15%
Inventory	$130.1M	$200.8M
Prepaid Expenses
Receivables	$121.9M	$139.3M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$795.3M	$786.3M
YoY Change	1.14%	8.79%
LONG-TERM ASSETS
Property, Plant & Equipment	$348.1M	$309.7M
YoY Change	12.38%	44.92%
Goodwill
YoY Change
Intangibles	$28.61M
YoY Change
Long-Term Investments	$158.2M	$146.2M
YoY Change	8.21%	2.74%
Other Assets	$186.8M
YoY Change
Total Long-Term Assets	$534.9M	$468.8M
YoY Change	14.09%	27.01%
TOTAL ASSETS
Total Short-Term Assets	$795.3M	$786.3M
Total Long-Term Assets	$534.9M	$468.8M
Total Assets	$1.330B	$1.255B
YoY Change	5.98%	14.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$33.00M	$73.00M
YoY Change	-54.79%	19.48%
Accrued Expenses	$76.65M	$57.10M
YoY Change	34.24%	5.16%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$109.7M	$130.1M
YoY Change	-15.71%	12.84%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$109.7M	$130.1M
Total Long-Term Liabilities	$0.00	$0.00
Total Liabilities	$167.7M	$184.9M
YoY Change	-9.3%	17.77%
SHAREHOLDERS EQUITY
Retained Earnings	$701.4M
YoY Change
Common Stock	$438.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.162B	$1.070B
YoY Change
Total Liabilities & Shareholders Equity	$1.330B	$1.255B
YoY Change	5.98%	14.95%

Cashflow Statement

Concept	2013 Q1	2012 Q1
OPERATING ACTIVITIES
Net Income	$45.43M	$46.35M
YoY Change	-1.97%	9.48%
Depreciation, Depletion And Amortization	$13.81M	$12.67M
YoY Change	8.93%	19.57%
Cash From Operating Activities	$97.42M	$61.13M
YoY Change	59.37%	-21.02%
INVESTING ACTIVITIES
Capital Expenditures	-$13.40M	-$39.80M
YoY Change	-66.33%	131.4%
Acquisitions
YoY Change
Other Investing Activities	-$19.50M	$6.000M
YoY Change	-425.0%	-84.25%
Cash From Investing Activities	-$32.88M	-$33.81M
YoY Change	-2.74%	-261.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	-$6.592M	-$2.466M
YoY Change	167.29%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$11.67M	-$14.50M
YoY Change	-19.56%	130.22%
NET CHANGE
Cash From Operating Activities	$97.42M	$61.13M
Cash From Investing Activities	-$32.88M	-$33.81M
Cash From Financing Activities	-$11.67M	-$14.50M
Net Change In Cash	$52.87M	$12.82M
YoY Change	312.5%	-86.07%
FREE CASH FLOW
Cash From Operating Activities	$97.42M	$61.13M
Capital Expenditures	-$13.40M	-$39.80M
Free Cash Flow	$110.8M	$100.9M
YoY Change	9.8%	6.69%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	33001922	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	43200002	USD
CY2013Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	121927126	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	109579693	USD
CY2012Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	44757440	USD
CY2013Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	76653390	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	17570711	USD
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	22945622	USD
CY2012Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	21671173	USD
CY2013Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	429519108	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	418766010	USD
CY2013Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3189211	USD
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5034165	shares
CY2012Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2233907	shares
CY2013Q1	us-gaap	Assets Assets	1330132276	USD
CY2012Q4	us-gaap	Assets Assets	1265691335	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	744663040	USD
CY2013Q1	us-gaap	Assets Current AssetsCurrent	795257475	USD
CY2012Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	179388001	USD
CY2013Q1	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	201719645	USD
CY2012Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	22887686	USD
CY2013Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	32773530	USD
CY2012Q4	us-gaap	Available For Sale Securities Gross Unrealized Losses1 AvailableForSaleSecuritiesGrossUnrealizedLosses1	688728	USD
CY2013Q1	us-gaap	Available For Sale Securities Gross Unrealized Losses1 AvailableForSaleSecuritiesGrossUnrealizedLosses1	472407	USD
CY2012Q4	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2	688728	USD
CY2013Q1	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2	472407	USD
CY2012Q4	us-gaap	Availableforsale Securities Gross Unrealized Gain AvailableforsaleSecuritiesGrossUnrealizedGain	23937617	USD
CY2013Q1	us-gaap	Availableforsale Securities Gross Unrealized Gain AvailableforsaleSecuritiesGrossUnrealizedGain	32916158	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	389678664	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	442552961	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	357986774	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	370804725	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	389678664	USD
CY2012Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.13
CY2013Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	442552961	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	12817951	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	52874297	USD
CY2013Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2013Q1	us-gaap	Common Stock Value CommonStockValue	8615042	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	8584581	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	50805478	USD
CY2012Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	55473554	USD
CY2013Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	176035466	USD
CY2012Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	189880269	USD
CY2013Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2180428	USD
CY2012Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	880311	USD
CY2013Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	58029136	USD
CY2012Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	56773337	USD
CY2012Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12674712	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	13805949	USD
CY2013Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2013-04-19
CY2013Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.14
CY2013Q1	us-gaap	Dividends Payable Current DividendsPayableCurrent	20102000	USD
CY2013Q1	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2013-02-19
CY2012Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2012Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	318115	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	341225	USD
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	318115	USD
CY2012Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-161487	USD
CY2013Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	2822207	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	341225	USD
CY2013Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-1495536	USD
CY2012Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	1494565	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	93463503	USD
CY2012Q1	us-gaap	Gross Profit GrossProfit	100826493	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	68787323	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	65753912	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20323345	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	22442739	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-10198080	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	7515474	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	12347433	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	28907130	USD
CY2013Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	30735336	USD
CY2012Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	20435185	USD
CY2012Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	11997848	USD
CY2013Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-29860576	USD
CY2012Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-175419	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	706899	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-133880	USD
CY2012Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-11876847	USD
CY2013Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	28607847	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	29256089	USD
CY2013Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	20262714	USD
CY2012Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	20591007	USD
CY2013Q1	us-gaap	Inventory Net InventoryNet	130069690	USD
CY2012Q4	us-gaap	Inventory Net InventoryNet	159930266	USD
CY2013Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	86056764	USD
CY2012Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	114750525	USD
CY2012Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	24588734	USD
CY2013Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	23750212	USD
CY2012Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	596023	USD
CY2013Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	495413	USD
CY2012Q4	us-gaap	Long Term Investments LongTermInvestments	141834034	USD
CY2012Q4	us-gaap	Investments And Cash InvestmentsAndCash	592315554	USD
CY2013Q1	us-gaap	Investments And Cash InvestmentsAndCash	676716357	USD
CY2012Q4	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	202636890	USD
CY2013Q1	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	234163396	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1330132276	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1265691335	USD
CY2013Q1	us-gaap	Liabilities Current LiabilitiesCurrent	109655312	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	87957442	USD
CY2013Q1	us-gaap	Long Term Investments LongTermInvestments	158211405	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11666429	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-14503926	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-33809644	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-32881808	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	97422534	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	61131521	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	45430567	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	46344584	USD
CY2012Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3286360	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1900273	USD
CY2012Q1	us-gaap	Operating Expenses OperatingExpenses	35325530	USD
CY2013Q1	us-gaap	Operating Expenses OperatingExpenses	29609864	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	63853639	USD
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	65500963	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	171090123	USD
CY2013Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	186819252	USD
CY2012Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	344785	USD
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CY2012Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	13858915	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	8593112	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	5374911	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	9128970	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	3218201	USD
CY2012Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	4729945	USD
CY2013Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	9194861	USD
CY2012Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	13514130	USD
CY2012Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2690337	USD
CY2013Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1404860	USD
CY2012Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2013Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2012Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	17288348	USD
CY2013Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	18599926	USD
CY2012Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	17687907	USD
CY2013Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	33136682	USD
CY2012Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	39824858	USD
CY2013Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	12674970	USD
CY2013Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	24755707	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	24671561	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2466307	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6592272	USD
CY2012Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	17000000	USD
CY2013Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	3000000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	10627243	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	6527702	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	9500	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	348055549	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	349938172	USD
CY2012Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	23215134	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	18683576	USD
CY2013Q1	us-gaap	Restricted Stock Expense RestrictedStockExpense	660852	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	701368056	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	676039254	USD
CY2012Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	290706762	USD
CY2013Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	269498969	USD
CY2012Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	12110396	USD
CY2013Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	10926288	USD
CY2012Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3960579	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3850063	USD
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0277
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0260
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.4613
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.4407
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0101
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0077
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	5.98
CY2012Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	7.06
CY2013Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Capitalized Cost ShareBasedGoodsAndNonemployeeServicesTransactionCapitalizedCost	168143	USD
CY2013Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y7D
CY2012Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y11D
CY2013Q1	us-gaap	Short Term Investments ShortTermInvestments	75951991	USD
CY2012Q4	us-gaap	Short Term Investments ShortTermInvestments	60802856	USD
CY2013Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	507677	shares
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	1162447828	USD
CY2012Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1485229	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	143075465	shares
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	1120960556	USD
CY2013Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	540810	shares
CY2012Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	144988001	shares
CY2012Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	143502772	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	142534655	shares
CY2013Q1	gntx	Fixed Income Securities Maturities Due Between One And Five Years FixedIncomeSecuritiesMaturitiesDueBetweenOneAndFiveYears	7302340	USD
CY2013Q1	gntx	Fixed Income Securities Maturities Due Within One Year FixedIncomeSecuritiesMaturitiesDueWithinOneYear	75497408	USD
CY2013Q1	gntx	Fixed Income Securities Total FixedIncomeSecuritiesTotal	82799748	USD
CY2013Q1	gntx	Increase In Cash Dividend Rate IncreaseInCashDividendRate	0.01
CY2013Q1	dei	Amendment Flag AmendmentFlag	false
CY2013Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013Q1	dei	Document Period End Date DocumentPeriodEndDate	2013-03-31
CY2013Q1	dei	Document Type DocumentType	10-Q
CY2013Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000355811
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	143584034	shares
CY2013Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2013Q1	dei	Entity Registrant Name EntityRegistrantName	GENTEX CORPORATION
CY2013Q1	dei	Trading Symbol TradingSymbol	gntx

Files In Submission

Name	View Source	Status
0000355811-13-000006-index-headers.html	Edgar Link	pending
0000355811-13-000006-index.html	Edgar Link	pending
0000355811-13-000006.txt	Edgar Link	pending
0000355811-13-000006-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
gntx-20130331.xml	Edgar Link	completed
gntx-20130331.xsd	Edgar Link	pending
gntx-20130331_cal.xml	Edgar Link	unprocessable
gntx-20130331_def.xml	Edgar Link	unprocessable
gntx-20130331_lab.xml	Edgar Link	unprocessable
gntx-20130331_pre.xml	Edgar Link	unprocessable
gntx3312013-10q.htm	Edgar Link	pending
gntx3312013-exx311.htm	Edgar Link	pending
gntx3312013-exx312.htm	Edgar Link	pending
gntx3312013-exx32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$GNTX
GENTEX CORP Stock $gntx

2013 Q1 Form 10-Q Financial Statement

#000035581113000006 Filed on May 06, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX GENTEX CORP Stock $gntx

2013 Q1 Form 10-Q Financial Statement

#000035581113000006 Filed on May 06, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX
GENTEX CORP Stock $gntx