$GNTX
GENTEX CORP Stock $gntx

$gntx Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000035581118000022 Filed on May 04, 2018

Income Statement

Concept	2018 Q1	2017 Q1	2016 Q1
Revenue	$465.4M	$453.5M	$405.6M
YoY Change	2.62%	11.83%	9.93%
Cost Of Revenue	$292.8M	$277.7M	$246.9M
YoY Change	5.42%	12.5%	9.31%
Gross Profit	$172.6M	$175.8M	$158.7M
YoY Change	-1.8%	10.78%	10.9%
Gross Profit Margin	37.09%	38.76%	39.13%
Selling, General & Admin	$18.06M	$16.22M	$14.75M
YoY Change	11.36%	9.97%	6.92%
% of Gross Profit	10.46%	9.23%	9.3%
Research & Development	$26.05M	$25.15M	$23.09M
YoY Change	3.57%	8.93%	6.97%
% of Gross Profit	15.09%	14.31%	14.55%
Depreciation & Amortization	$28.05M	$25.18M	$22.84M
YoY Change	11.38%	10.26%	7.33%
% of Gross Profit	16.25%	14.32%	14.39%
Operating Expenses	$44.11M	$41.37M	$37.84M
YoY Change	6.62%	9.33%	6.95%
Operating Profit	$128.5M	$134.4M	$120.8M
YoY Change	-4.4%	11.24%	12.2%
Interest Expense	$1.500M	$600.0K	-$100.0K
YoY Change	150.0%	-700.0%	-50.0%
% of Operating Profit	1.17%	0.45%	-0.08%
Other Income/Expense, Net	$3.245M	$437.8K	-$1.279M
YoY Change	641.14%	-134.22%	-280.35%
Pretax Income	$131.8M	$134.9M	$119.6M
YoY Change	-2.3%	12.79%	10.29%
Income Tax	$20.51M	$37.31M	$39.29M
% Of Pretax Income	15.57%	27.66%	32.86%
Net Earnings	$111.2M	$97.56M	$80.28M
YoY Change	14.03%	21.52%	4.01%
Net Earnings / Revenue	23.9%	21.51%	19.79%
Basic Earnings Per Share	$0.40	$0.34	$0.28
Diluted Earnings Per Share	$0.40	$0.33	$0.28
COMMON SHARES
Basic Shares Outstanding	274.8M shares	287.4M shares	289.2M shares
Diluted Shares Outstanding	277.5M shares	291.5M shares	291.3M shares

Balance Sheet

Concept	2018 Q1	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$676.5M	$736.3M	$636.1M
YoY Change	-8.12%	15.75%	15.68%
Cash & Equivalents	$524.3M	$559.6M	$546.5M
Short-Term Investments	$152.2M	$176.6M	$9.600M
Other Short-Term Assets	$11.50M	$11.70M	$11.50M
YoY Change	-1.71%	1.74%	-65.67%
Inventory	$207.2M	$197.1M	$188.6M
Prepaid Expenses
Receivables	$246.4M	$249.5M	$224.0M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.142B	$1.195B	$1.060B
YoY Change	-4.43%	12.68%	13.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$496.3M	$473.2M	$414.7M
YoY Change	4.89%	14.1%	11.29%
Goodwill	$307.4M	$307.4M	$307.4M
YoY Change	0.0%	0.0%	0.01%
Intangibles	$284.2M	$303.5M	$322.8M
YoY Change	-6.36%	-5.98%	-5.64%
Long-Term Investments	$3.200M	$61.50M	$71.10M
YoY Change	-94.8%	-13.5%	-38.44%
Other Assets	$616.4M	$695.6M	$722.5M
YoY Change	-11.39%	-3.72%	-8.32%
Total Long-Term Assets	$1.113B	$1.169B	$1.137B
YoY Change	-4.8%	2.78%	-2.02%
TOTAL ASSETS
Total Short-Term Assets	$1.142B	$1.195B	$1.060B
Total Long-Term Assets	$1.113B	$1.169B	$1.137B
Total Assets	$2.254B	$2.363B	$2.197B
YoY Change	-4.61%	7.55%	5.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$77.31M	$77.71M	$79.42M
YoY Change	-0.52%	-2.15%	8.37%
Accrued Expenses	$100.9M	$196.6M	$115.9M
YoY Change	-48.71%	69.66%	28.19%
Deferred Revenue
YoY Change
Short-Term Debt	$50.00M	$0.00	$0.00
YoY Change
Long-Term Debt Due	$50.00M
YoY Change
Total Short-Term Liabilities	$228.2M	$274.4M	$195.3M
YoY Change	-16.83%	40.46%	19.32%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$36.30M	$208.8M
YoY Change	-100.0%	-82.61%	-18.53%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$36.30M	$208.8M
YoY Change	-100.0%	-82.61%	-18.53%
TOTAL LIABILITIES
Total Short-Term Liabilities	$228.2M	$274.4M	$195.3M
Total Long-Term Liabilities	$0.00	$36.30M	$208.8M
Total Liabilities	$284.4M	$388.5M	$448.4M
YoY Change	-26.81%	-13.35%	-6.19%
SHAREHOLDERS EQUITY
Retained Earnings	$1.209B	$1.255B	$1.126B
YoY Change	-3.66%	11.41%	10.46%
Common Stock	$758.9M	$719.2M	$624.6M
YoY Change	5.52%	15.15%	6.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.970B	$1.975B	$1.749B
YoY Change
Total Liabilities & Shareholders Equity	$2.254B	$2.363B	$2.197B
YoY Change	-4.61%	7.55%	5.06%

Cashflow Statement

Concept	2018 Q1	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	$111.2M	$97.56M	$80.28M
YoY Change	14.03%	21.52%	4.01%
Depreciation, Depletion And Amortization	$28.05M	$25.18M	$22.84M
YoY Change	11.38%	10.26%	7.33%
Cash From Operating Activities	$147.4M	$131.2M	$151.9M
YoY Change	12.39%	-13.62%	40.68%
INVESTING ACTIVITIES
Capital Expenditures	-$26.20M	-$27.70M	-$20.30M
YoY Change	-5.42%	36.45%	24.54%
Acquisitions
YoY Change
Other Investing Activities	$55.70M	-$8.800M	$18.90M
YoY Change	-732.95%	-146.56%	1475.0%
Cash From Investing Activities	$29.47M	-$36.50M	-$1.414M
YoY Change	-180.74%	2482.14%	-90.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$166.3M	$13.75M	$33.91M
YoY Change	1109.57%	-59.45%	113.01%
Debt Paid & Issued, Net	$28.00M	$41.88M
YoY Change	-33.13%
Cash From Financing Activities	-$222.3M	-$81.52M	-$75.54M
YoY Change	172.73%	7.91%	87.27%
NET CHANGE
Cash From Operating Activities	$147.4M	$131.2M	$151.9M
Cash From Investing Activities	$29.47M	-$36.50M	-$1.414M
Cash From Financing Activities	-$222.3M	-$81.52M	-$75.54M
Net Change In Cash	-$45.41M	$13.17M	$74.91M
YoY Change	-444.84%	-82.42%	42.74%
FREE CASH FLOW
Cash From Operating Activities	$147.4M	$131.2M	$151.9M
Capital Expenditures	-$26.20M	-$27.70M	-$20.30M
Free Cash Flow	$173.6M	$158.9M	$172.2M
YoY Change	9.29%	-7.71%	38.56%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000355811
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	GENTEX CORPORATION
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	273854076	shares
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	524323560	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	569734496	USD
CY2018Q1	us-gaap	Short Term Investments ShortTermInvestments	152179408	USD
CY2017Q4	us-gaap	Short Term Investments ShortTermInvestments	152538054	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	246427239	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	231121788	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	207232952	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	216765583	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	11531029	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	14403902	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	1141694188	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	1184563823	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	496274467	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	492479330	USD
CY2018Q1	us-gaap	Goodwill Goodwill	307365845	USD
CY2017Q4	us-gaap	Goodwill Goodwill	307365845	USD
CY2018Q1	us-gaap	Long Term Investments LongTermInvestments	3240000	USD
CY2017Q4	us-gaap	Long Term Investments LongTermInvestments	57782418	USD
CY2018Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	284150000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	288975000	USD
CY2018Q1	gntx	Patent And Other Assets Net PatentAndOtherAssetsNet	21627968	USD
CY2017Q4	gntx	Patent And Other Assets Net PatentAndOtherAssetsNet	20887496	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	616383813	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	675010759	USD
CY2018Q1	us-gaap	Assets Assets	2254352468	USD
CY2017Q4	us-gaap	Assets Assets	2352053912	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	77307897	USD
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	89898467	USD
CY2018Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	50000000	USD
CY2017Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	78000000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	100861709	USD
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	75748540	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	228169606	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	243647007	USD
CY2018Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	56205366	USD
CY2017Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	58888644	USD
CY2018Q1	us-gaap	Liabilities Liabilities	284374972	USD
CY2017Q4	us-gaap	Liabilities Liabilities	302535651	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	16431263	USD
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	16816879	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	742491728	USD
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CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1208841516	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1301997327	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	2212989	USD
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CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	1969977496	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	2049518261	USD
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CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2352053912	USD
CY2018Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	465420105	USD
CY2017Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	453535250	USD
CY2018Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	292791704	USD
CY2017Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	277734465	USD
CY2018Q1	us-gaap	Gross Profit GrossProfit	172628401	USD
CY2017Q1	us-gaap	Gross Profit GrossProfit	175800785	USD
CY2018Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	26049258	USD
CY2017Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	25152257	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	18063810	USD
CY2017Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	16221408	USD
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	44113068	USD
CY2017Q1	us-gaap	Operating Expenses OperatingExpenses	41373665	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	128515333	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	134427120	USD
CY2018Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	2037605	USD
CY2017Q1	us-gaap	Investment Income Nonoperating InvestmentIncomeNonoperating	1472527	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1206993	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1034743	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3244598	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	437784	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	131759931	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	134864904	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20511188	USD
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CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	97556741	USD
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.40
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.40
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.110
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.090
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	111248743	USD
CY2018Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	1626178	USD
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CY2018Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	67047	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	641975	USD
CY2018Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-21280	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	2170254	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	1671945	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	3000819	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	9611	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	984280	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1662334	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2016539	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	112911077	USD
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CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	28046434	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	25181854	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	4374	USD
CY2017Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	146261	USD
CY2018Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-8677	USD
CY2017Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-359959	USD
CY2018Q1	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	1245075	USD
CY2017Q1	us-gaap	Gain On Sale Of Investments GainOnSaleOfInvestments	274844	USD
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CY2018Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2746797	USD
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CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3977471	USD
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CY2018Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-9532631	USD
CY2017Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	7776814	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2872873	USD
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CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	23125002	USD
CY2017Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	27385768	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	147449048	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	131191171	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	53822052	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	1316280	USD
CY2018Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	3000000	USD
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CY2018Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	1213405	USD
CY2017Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	16225018	USD
CY2018Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	26247890	USD
CY2017Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	27119993	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	67400	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	15001	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-45322	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	588361	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	29473479	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-36502091	USD
CY2018Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	28000000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	41875000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	36267047	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	17237232	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	28028132	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	25896377	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	202572378	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	30986385	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-222333463	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-81520530	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-45410936	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	13168550	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	569734496	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	546477075	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	524323560	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	559645625	USD
CY2018Q1	us-gaap	Goodwill Goodwill	307400000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	307400000	USD
CY2018Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	371000000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	86850000	USD
CY2018Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	284150000	USD
CY2017Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	371000000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	82025000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	288975000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	22000000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	22000000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	22000000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	22000000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	22000000	USD
CY2017	gntx	Cost Method Investment Ownership Percentage CostMethodInvestmentOwnershipPercentage	0.20
CY2018Q1	us-gaap	Cost Method Investments CostMethodInvestments	3200000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	524323560	USD
CY2018Q1	us-gaap	Investments And Cash InvestmentsAndCash	676542968	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	569734496	USD
CY2017Q4	us-gaap	Investments And Cash InvestmentsAndCash	776854969	USD
CY2018Q1	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	152252568	USD
CY2018Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	USD
CY2018Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	33160	USD
CY2018Q1	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	152219408	USD
CY2017Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	196926043	USD
CY2017Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	10562267	USD
CY2017Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	367837	USD
CY2017Q4	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	207120473	USD
CY2018Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	33160	USD
CY2018Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	21895327	USD
CY2018Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	0	USD
CY2018Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	0	USD
CY2018Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	33160	USD
CY2018Q1	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	21895327	USD
CY2017Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	263655	USD
CY2017Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	31223557	USD
CY2017Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	104182	USD
CY2017Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	30481192	USD
CY2017Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	285077	USD
CY2017Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss	367837	USD
CY2017Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	31508634	USD
CY2018Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2017Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2018Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	132138376	USD
CY2017Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	139272129	USD
CY2018Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	31124313	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	207232952	USD
CY2018Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	43970263	USD
CY2017Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	47012262	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	216765583	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	111248743	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	97556741	USD
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	274759516	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	287408900	shares
CY2018Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2749912	shares
CY2017Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	4070938	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	277509428	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	291479838	shares
CY2018Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	156467	shares
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2311	shares
CY2018Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3901316	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3484240	USD
CY2018Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Capitalized Cost ShareBasedGoodsAndNonemployeeServicesTransactionCapitalizedCost	258651	USD
CY2017Q1	us-gaap	Share Based Goods And Nonemployee Services Transaction Capitalized Cost ShareBasedGoodsAndNonemployeeServicesTransactionCapitalizedCost	226119	USD
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0202
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0218
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.2326
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.2981
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0256
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0210
CY2018Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y2M8D
CY2017Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y1M2D
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	4.18
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	4.51
CY2018Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	9300000	shares
CY2018Q1	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	5500000	shares
CY2018Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	20.98
CY2018Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	2900000	shares
CY2018Q1	gntx	Net Decreasein Common Stock Sharesfrom Shares Issuedin Share Based Compensationand Shares Repurchased NetDecreaseinCommonStockSharesfromSharesIssuedinShareBasedCompensationandSharesRepurchased	6400000	shares
CY2017Q2	gntx	Increase In Cash Dividend Rate IncreaseInCashDividendRate	0.01
CY2018Q1	gntx	Increase In Cash Dividend Rate IncreaseInCashDividendRate	0.01
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.11
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.09
CY2018Q1	us-gaap	Dividends Dividends	30100000	USD
CY2018Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	465420105	USD
CY2017Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	453535250	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	128515333	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	134427120	USD
CY2018Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.156
CY2017Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.277
CY2018Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	465420105	USD

Files In Submission

Name	View Source	Status
0000355811-18-000022-index-headers.html	Edgar Link	pending
0000355811-18-000022-index.html	Edgar Link	pending
0000355811-18-000022.txt	Edgar Link	pending
0000355811-18-000022-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gntx-20180504.htm	Edgar Link	pending
gntx-20180504.xsd	Edgar Link	pending
gntx-20180504_cal.xml	Edgar Link	unprocessable
gntx-20180504_def.xml	Edgar Link	unprocessable
gntx-20180504_htm.xml	Edgar Link	completed
gntx-20180504_lab.xml	Edgar Link	unprocessable
gntx-20180504_pre.xml	Edgar Link	unprocessable
gntx03312018-exx311.htm	Edgar Link	pending
gntx03312018-exx312.htm	Edgar Link	pending
gntx03312018-exx32.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$GNTX
GENTEX CORP Stock $gntx

2018 Q1 Form 10-Q Financial Statement

#000035581118000022 Filed on May 04, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX GENTEX CORP Stock $gntx

2018 Q1 Form 10-Q Financial Statement

#000035581118000022 Filed on May 04, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GNTX
GENTEX CORP Stock $gntx