$GNTX
GENTEX CORP Stock $gntx

$gntx Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000035581116000072 Filed on May 05, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue	$405.6M	$368.9M
YoY Change	9.93%	9.89%
Cost Of Revenue	$246.9M	$225.8M
YoY Change	9.31%	10.47%
Gross Profit	$158.7M	$143.1M
YoY Change	10.9%	8.98%
Gross Profit Margin	39.13%	38.78%
Selling, General & Admin	$14.75M	$13.80M
YoY Change	6.92%	1.21%
% of Gross Profit	9.3%	9.64%
Research & Development	$23.09M	$21.59M
YoY Change	6.97%	5.36%
% of Gross Profit	14.55%	15.09%
Depreciation & Amortization	$22.84M	$21.28M
YoY Change	7.33%	7.33%
% of Gross Profit	14.39%	14.87%
Operating Expenses	$37.84M	$35.38M
YoY Change	6.95%	3.7%
Operating Profit	$120.8M	$107.7M
YoY Change	12.2%	10.84%
Interest Expense	-$100.0K	-$200.0K
YoY Change	-50.0%	-66.67%
% of Operating Profit	-0.08%	-0.19%
Other Income/Expense, Net	-$1.279M	$709.4K
YoY Change	-280.35%	-84.29%
Pretax Income	$119.6M	$108.4M
YoY Change	10.29%	6.61%
Income Tax	$39.29M	$31.23M
% Of Pretax Income	32.86%	28.81%
Net Earnings	$80.28M	$77.18M
YoY Change	4.01%	12.57%
Net Earnings / Revenue	19.79%	20.92%
Basic Earnings Per Share	$0.28	$0.26
Diluted Earnings Per Share	$0.28	$0.26
COMMON SHARES
Basic Shares Outstanding	289.2M shares	295.0M shares
Diluted Shares Outstanding	291.3M shares	298.6M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$636.1M	$549.9M
YoY Change	15.68%	46.76%
Cash & Equivalents	$546.5M	$549.9M
Short-Term Investments	$9.600M
Other Short-Term Assets	$11.50M	$33.50M
YoY Change	-65.67%	14.73%
Inventory	$188.6M	$145.6M
Prepaid Expenses
Receivables	$224.0M	$201.8M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.060B	$930.8M
YoY Change	13.9%	32.29%
LONG-TERM ASSETS
Property, Plant & Equipment	$414.7M	$372.6M
YoY Change	11.29%	3.82%
Goodwill	$307.4M	$307.4M
YoY Change	0.01%	0.0%
Intangibles	$322.8M	$342.1M
YoY Change	-5.64%	-5.34%
Long-Term Investments	$71.10M	$115.5M
YoY Change	-38.44%	5.96%
Other Assets	$722.5M	$788.1M
YoY Change	-8.32%	-1.8%
Total Long-Term Assets	$1.137B	$1.161B
YoY Change	-2.02%	-0.07%
TOTAL ASSETS
Total Short-Term Assets	$1.060B	$930.8M
Total Long-Term Assets	$1.137B	$1.161B
Total Assets	$2.197B	$2.091B
YoY Change	5.06%	12.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$79.42M	$73.28M
YoY Change	8.37%	13.8%
Accrued Expenses	$115.9M	$90.42M
YoY Change	28.19%	-11.98%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$195.3M	$163.7M
YoY Change	19.32%	-2.05%
LONG-TERM LIABILITIES
Long-Term Debt	$208.8M	$256.3M
YoY Change	-18.53%	-2.84%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$208.8M	$256.3M
YoY Change	-18.53%	-2.84%
TOTAL LIABILITIES
Total Short-Term Liabilities	$195.3M	$163.7M
Total Long-Term Liabilities	$208.8M	$256.3M
Total Liabilities	$448.4M	$478.0M
YoY Change	-6.19%	-0.45%
SHAREHOLDERS EQUITY
Retained Earnings	$1.126B	$1.020B
YoY Change	10.46%	17.71%
Common Stock	$624.6M	$585.2M
YoY Change	6.75%	17.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.749B	$1.613B
YoY Change
Total Liabilities & Shareholders Equity	$2.197B	$2.091B
YoY Change	5.06%	12.14%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$80.28M	$77.18M
YoY Change	4.01%	12.57%
Depreciation, Depletion And Amortization	$22.84M	$21.28M
YoY Change	7.33%	7.33%
Cash From Operating Activities	$151.9M	$108.0M
YoY Change	40.68%	10.47%
INVESTING ACTIVITIES
Capital Expenditures	-$20.30M	-$16.30M
YoY Change	24.54%	-2.4%
Acquisitions
YoY Change
Other Investing Activities	$18.90M	$1.200M
YoY Change	1475.0%	-300.0%
Cash From Investing Activities	-$1.414M	-$15.13M
YoY Change	-90.66%	-12.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$33.91M	$15.92M
YoY Change	113.01%	-355.6%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$75.54M	-$40.34M
YoY Change	87.27%	163.21%
NET CHANGE
Cash From Operating Activities	$151.9M	$108.0M
Cash From Investing Activities	-$1.414M	-$15.13M
Cash From Financing Activities	-$75.54M	-$40.34M
Net Change In Cash	$74.91M	$52.48M
YoY Change	42.74%	-19.38%
FREE CASH FLOW
Cash From Operating Activities	$151.9M	$108.0M
Capital Expenditures	-$20.30M	-$16.30M
Free Cash Flow	$172.2M	$124.3M
YoY Change	38.56%	8.59%

Facts In Submission

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CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
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CY2015Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-3352349	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-1346062	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2509068	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-761246	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-843281	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-584816	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-1831690	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-1351557	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-577685	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-319349	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	97359	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2069419	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	25049145	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	44585668	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	23619837	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	24759481	USD
CY2015Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	6360397	USD
CY2016Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	25154245	USD
CY2015Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	15160355	USD
CY2016Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	20329035	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	57239099	USD
CY2016Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	11465302	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	9131177	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	10678450	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Long Term Debt And Capital Securities ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities	-1875000	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Long Term Debt And Capital Securities ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities	-16875000	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	7540449	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	43417073	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	4	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	516667	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	412720270	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	414695494	USD
CY2015Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	21587551	USD
CY2016Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	23091209	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1109384621	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1126220944	USD
CY2015Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	368937455	USD
CY2016Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	405567786	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	13796352	USD
CY2016Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	14750589	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5813951	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4974453	USD
CY2015Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0214
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0215
CY2015Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.3680
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.3453
CY2015Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0137
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0138
CY2015Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	4.76
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	3.67
CY2015Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Capitalized Cost ShareBasedGoodsAndNonemployeeServicesTransactionCapitalizedCost	239947	USD
CY2016Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Capitalized Cost ShareBasedGoodsAndNonemployeeServicesTransactionCapitalizedCost	292187	USD
CY2015Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y3M15D
CY2016Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y2M5D
CY2015Q4	us-gaap	Short Term Investments ShortTermInvestments	4547355	USD
CY2016Q1	us-gaap	Short Term Investments ShortTermInvestments	9595262	USD
CY2016Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	903920	shares
CY2016Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	3124053	shares
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	1722516761	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	1748955089	USD
CY2016Q1	us-gaap	Tax Adjustments Settlements And Unusual Provisions TaxAdjustmentsSettlementsAndUnusualProvisions	3900000	USD
CY2015Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3562712	shares
CY2016Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2105732	shares
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	298594143	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	291316353	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	295031431	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	289210621	shares

Files In Submission

Name	View Source	Status
0000355811-16-000072-index-headers.html	Edgar Link	pending
0000355811-16-000072-index.html	Edgar Link	pending
0000355811-16-000072.txt	Edgar Link	pending
0000355811-16-000072-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gntx-20160331.xml	Edgar Link	completed
gntx-20160331.xsd	Edgar Link	pending
gntx-20160331_cal.xml	Edgar Link	unprocessable
gntx-20160331_def.xml	Edgar Link	unprocessable
gntx-20160331_lab.xml	Edgar Link	unprocessable
gntx-20160331_pre.xml	Edgar Link	unprocessable
gntx03312016-10q.htm	Edgar Link	pending
gntx03312016-exx311.htm	Edgar Link	pending
gntx03312016-exx312.htm	Edgar Link	pending
gntx03312016-exx32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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R40.htm	Edgar Link	pending
R41.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

2016 Q1 Form 10-Q Financial Statement

#000035581116000072 Filed on May 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX GENTEX CORP Stock $gntx

2016 Q1 Form 10-Q Financial Statement

#000035581116000072 Filed on May 05, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX
GENTEX CORP Stock $gntx