$GNTX
GENTEX CORP Stock $gntx

$gntx Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000035581114000015 Filed on May 07, 2014

Income Statement

Concept	2014 Q1	2013 Q1
Revenue	$335.7M	$269.5M
YoY Change	24.58%	-7.3%
Cost Of Revenue	$204.4M	$176.0M
YoY Change	16.14%	-7.29%
Gross Profit	$131.3M	$93.46M
YoY Change	40.48%	-7.3%
Gross Profit Margin	39.11%	34.68%
Selling, General & Admin	$13.63M	$10.93M
YoY Change	24.76%	-9.78%
% of Gross Profit	10.38%	11.69%
Research & Development	$20.49M	$18.68M
YoY Change	9.66%	-19.52%
% of Gross Profit	15.61%	19.99%
Depreciation & Amortization	$19.83M	$13.81M
YoY Change	43.6%	8.93%
% of Gross Profit	15.1%	14.77%
Operating Expenses	$34.12M	$29.61M
YoY Change	15.24%	-16.18%
Operating Profit	$97.18M	$63.85M
YoY Change	52.19%	-2.51%
Interest Expense	-$600.0K	$500.0K
YoY Change	-220.0%	-16.67%
% of Operating Profit	-0.62%	0.78%
Other Income/Expense, Net	$4.515M	$1.900M
YoY Change	137.57%	-42.18%
Pretax Income	$101.7M	$65.75M
YoY Change	54.66%	-4.41%
Income Tax	$33.13M	$20.32M
% Of Pretax Income	32.57%	30.91%
Net Earnings	$68.57M	$45.43M
YoY Change	50.92%	-1.97%
Net Earnings / Revenue	20.42%	16.86%
Basic Earnings Per Share	$0.24	$0.16
Diluted Earnings Per Share	$0.24	$0.16
COMMON SHARES
Basic Shares Outstanding	289.8M shares	142.5M shares
Diluted Shares Outstanding	293.4M shares	143.1M shares

Balance Sheet

Concept	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$374.7M	$518.5M
YoY Change	-27.73%	22.63%
Cash & Equivalents	$374.7M	$442.6M
Short-Term Investments		$76.00M
Other Short-Term Assets	$29.20M	$24.80M
YoY Change	17.74%	5.98%
Inventory	$128.3M	$130.1M
Prepaid Expenses
Receivables	$171.3M	$121.9M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$703.6M	$795.3M
YoY Change	-11.53%	1.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$358.9M	$348.1M
YoY Change	3.12%	12.38%
Goodwill	$307.4M
YoY Change
Intangibles	$361.4M	$28.61M
YoY Change	1163.11%
Long-Term Investments	$109.0M	$158.2M
YoY Change	-31.1%	8.21%
Other Assets	$802.5M	$186.8M
YoY Change	329.58%
Total Long-Term Assets	$1.161B	$534.9M
YoY Change	117.14%	14.09%
TOTAL ASSETS
Total Short-Term Assets	$703.6M	$795.3M
Total Long-Term Assets	$1.161B	$534.9M
Total Assets	$1.865B	$1.330B
YoY Change	40.22%	5.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$64.40M	$33.00M
YoY Change	95.14%	-54.79%
Accrued Expenses	$102.7M	$76.65M
YoY Change	34.01%	34.24%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$167.1M	$109.7M
YoY Change	52.41%	-15.71%
LONG-TERM LIABILITIES
Long-Term Debt	$263.8M	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$263.8M	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$167.1M	$109.7M
Total Long-Term Liabilities	$263.8M	$0.00
Total Liabilities	$480.1M	$167.7M
YoY Change	186.3%	-9.3%
SHAREHOLDERS EQUITY
Retained Earnings	$866.2M	$701.4M
YoY Change	23.5%
Common Stock	$499.3M	$438.1M
YoY Change	13.95%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.385B	$1.162B
YoY Change
Total Liabilities & Shareholders Equity	$1.865B	$1.330B
YoY Change	40.22%	5.98%

Cashflow Statement

Concept	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	$68.57M	$45.43M
YoY Change	50.92%	-1.97%
Depreciation, Depletion And Amortization	$19.83M	$13.81M
YoY Change	43.6%	8.93%
Cash From Operating Activities	$97.72M	$97.42M
YoY Change	0.31%	59.37%
INVESTING ACTIVITIES
Capital Expenditures	-$16.70M	-$13.40M
YoY Change	24.63%	-66.33%
Acquisitions
YoY Change
Other Investing Activities	-$600.0K	-$19.50M
YoY Change	-96.92%	-425.0%
Cash From Investing Activities	-$17.30M	-$32.88M
YoY Change	-47.39%	-2.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	-$6.228M	-$6.592M
YoY Change	-5.53%	167.29%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$15.33M	-$11.67M
YoY Change	31.37%	-19.56%
NET CHANGE
Cash From Operating Activities	$97.72M	$97.42M
Cash From Investing Activities	-$17.30M	-$32.88M
Cash From Financing Activities	-$15.33M	-$11.67M
Net Change In Cash	$65.10M	$52.87M
YoY Change	23.12%	312.5%
FREE CASH FLOW
Cash From Operating Activities	$97.72M	$97.42M
Capital Expenditures	-$16.70M	-$13.40M
Free Cash Flow	$114.4M	$110.8M
YoY Change	3.25%	9.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2014Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	490518149	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	56510321	USD
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	64399679	USD
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	143046590	USD
CY2014Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	171337311	USD
CY2014Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	102721345	USD
CY2013Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	63470093	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	19483799	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	21975363	USD
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	22945622	USD
CY2014Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4009346	USD
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	594415	shares
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5034165	shares
CY2013Q4	us-gaap	Assets Assets	1764088434	USD
CY2014Q1	us-gaap	Assets Assets	1865052923	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	703600975	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	601186242	USD
CY2013Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	77055612	USD
CY2014Q1	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	82710461	USD
CY2014Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses	347917	USD
CY2013	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses	48603	USD
CY2014Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	8715289	USD
CY2013Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	1886080	USD
CY2013	us-gaap	Available For Sale Securities Gross Unrealized Gains AvailableForSaleSecuritiesGrossUnrealizedGains	29998513	USD
CY2014Q1	us-gaap	Available For Sale Securities Gross Unrealized Gains AvailableForSaleSecuritiesGrossUnrealizedGains	26605035	USD
CY2013	us-gaap	Available For Sale Securities Gross Unrealized Loss AvailableForSaleSecuritiesGrossUnrealizedLoss	48603	USD
CY2014Q1	us-gaap	Available For Sale Securities Gross Unrealized Loss AvailableForSaleSecuritiesGrossUnrealizedLoss	347917	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	309591724	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	374688291	USD
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CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	442552961	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	309591724	USD
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CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	52874297	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	65096567	USD
CY2014Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2013Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2014Q1	us-gaap	Common Stock Value CommonStockValue	8754600	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	8734681	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	50805478	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	66074507	USD
CY2014Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	204440537	USD
CY2013Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	176035466	USD
CY2013Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2180428	USD
CY2014Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1614318	USD
CY2013Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	50879337	USD
CY2014Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	49258818	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	13805949	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	19825402	USD
CY2014Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.14
CY2014Q1	us-gaap	Dividends Payable Current DividendsPayableCurrent	20400000	USD
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.47
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.47
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2013Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.309
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.326
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	341225	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	702580	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	702580	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	341225	USD
CY2014Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-218409	USD
CY2013Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-1495536	USD
CY2013Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	2822207	USD
CY2014Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	-25808	USD
CY2013Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	0	USD
CY2014Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	54520	USD
CY2014Q1	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	5049229	USD
CY2013Q1	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	0	USD
CY2013Q4	us-gaap	Goodwill Goodwill	307365845	USD
CY2014Q1	us-gaap	Goodwill Goodwill	307365845	USD
CY2014Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
CY2014Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2014Q1	us-gaap	Goodwill Other Changes GoodwillOtherChanges	0	USD
CY2014Q1	us-gaap	Goodwill Written Off Related To Sale Of Business Unit GoodwillWrittenOffRelatedToSaleOfBusinessUnit	0	USD
CY2014Q1	us-gaap	Gross Profit GrossProfit	131298807	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	93463503	USD
CY2014Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	101692090	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
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	33126019	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-10198080	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	7889358	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	12347433	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	28290721	USD
CY2013Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	30735336	USD
CY2014Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	39907356	USD
CY2014Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	8275303	USD
CY2013Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-29860576	USD
CY2014Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	285354	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	706899	USD
CY2014Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-534133	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-133880	USD
CY2014Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	361350000	USD
CY2013Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	366175000	USD
CY2014Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	25517944	USD
CY2013Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	23582378	USD
CY2014Q1	us-gaap	Inventory Net InventoryNet	128349467	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	120074164	USD
CY2013Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	75081810	USD
CY2014Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	80959971	USD
CY2014Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	21871552	USD
CY2013Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	21409976	USD
CY2013Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	495413	USD
CY2014Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	325158	USD
CY2013Q4	us-gaap	Investments And Cash InvestmentsAndCash	416597246	USD
CY2014Q1	us-gaap	Investments And Cash InvestmentsAndCash	483655870	USD
CY2013Q4	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	107005522	USD
CY2014Q1	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	108967579	USD
CY2013Q4	us-gaap	Liabilities Liabilities	436484751	USD
CY2014Q1	us-gaap	Liabilities Liabilities	480129842	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1865052923	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1764088434	USD
CY2014Q1	us-gaap	Liabilities Current LiabilitiesCurrent	167121024	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	119980414	USD
CY2014Q1	us-gaap	Long Term Debt LongTermDebt	263750000	USD
CY2013Q4	us-gaap	Long Term Debt LongTermDebt	265625000	USD
CY2013Q4	us-gaap	Long Term Investments LongTermInvestments	107005522	USD
CY2014Q1	us-gaap	Long Term Investments LongTermInvestments	108967579	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11666429	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-15325712	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-32881808	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-17299667	USD
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CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	97422534	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	68566071	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	45430567	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4514544	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1900273	USD
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	34121261	USD
CY2013Q1	us-gaap	Operating Expenses OperatingExpenses	29609864	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	63853639	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	97177546	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	805880967	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	802531483	USD
CY2014Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-91250	USD
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CY2013Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	8593112	USD
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CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	5374911	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-1292477	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	3218201	USD
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CY2013Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	9194861	USD
CY2013Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1404860	USD
CY2014Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4189386	USD
CY2013Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	18599926	USD
CY2014Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	20380923	USD
CY2014Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	24487944	USD
CY2013Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	33136682	USD
CY2013Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	12674970	USD
CY2014Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	16417890	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	28473764	USD
CY2014Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	29225906	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6227631	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6592272	USD
CY2013Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	3000000	USD
CY2014Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	0	USD
CY2014Q1	us-gaap	Proceeds From Repayments Of Long Term Debt And Capital Securities ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities	-1875000	USD
CY2013Q1	us-gaap	Proceeds From Repayments Of Long Term Debt And Capital Securities ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities	0	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	10627243	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	23856516	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	9500	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	35005	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	358920465	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	357021225	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	18683576	USD
CY2014Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	20489227	USD
CY2013Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	269498969	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	866166533	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	818027861	USD
CY2014Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	335739344	USD
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.4036
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.4613
CY2014Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	13632034	USD
CY2013Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	10926288	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4742080	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3850063	USD
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0233
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0277
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	1384923081	USD
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0174
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0077
CY2014Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	8.54
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
CY2014Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Capitalized Cost ShareBasedGoodsAndNonemployeeServicesTransactionCapitalizedCost	239959	USD
CY2013Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y6D
CY2014Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y345D
CY2014Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	331969	shares
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1327603683	USD
CY2013Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	540810	shares
CY2014Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1800101	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	143075465	shares
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	146718507	shares
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	144918406	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	142534655	shares
CY2014Q1	gntx	Effectof One Percentage Point Increaseon Borrowing Rate EffectofOnePercentagePointIncreaseonBorrowingRate	2700000	USD
CY2014Q1	gntx	Patentsand Other Assets Net PatentsandOtherAssetsNet	24848059	USD
CY2013Q4	gntx	Patentsand Other Assets Net PatentsandOtherAssetsNet	25334600	USD
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000355811
CY2014Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	145909992	shares
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	GENTEX CORPORATION
CY2014Q1	dei	Trading Symbol TradingSymbol	gntx

Files In Submission

Name	View Source	Status
0000355811-14-000015-index-headers.html	Edgar Link	pending
0000355811-14-000015-index.html	Edgar Link	pending
0000355811-14-000015.txt	Edgar Link	pending
0000355811-14-000015-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
gntx-20140331.xml	Edgar Link	completed
gntx-20140331.xsd	Edgar Link	pending
gntx-20140331_cal.xml	Edgar Link	unprocessable
gntx-20140331_def.xml	Edgar Link	unprocessable
gntx-20140331_lab.xml	Edgar Link	unprocessable
gntx-20140331_pre.xml	Edgar Link	unprocessable
gntx3312014-10q.htm	Edgar Link	pending
gntx3312014-exx311.htm	Edgar Link	pending
gntx3312014-exx312.htm	Edgar Link	pending
gntx3312014-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
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R22.htm	Edgar Link	pending
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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
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.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

2014 Q1 Form 10-Q Financial Statement

#000035581114000015 Filed on May 07, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX GENTEX CORP Stock $gntx

2014 Q1 Form 10-Q Financial Statement

#000035581114000015 Filed on May 07, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX
GENTEX CORP Stock $gntx