2023 Q4 Form 10-Q Financial Statement
#000035581123000056 Filed on November 03, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $589.1M | $575.8M |
YoY Change | 19.34% | 16.65% |
Cost Of Revenue | $385.8M | $384.4M |
YoY Change | 13.52% | 10.96% |
Gross Profit | $203.4M | $191.4M |
YoY Change | 32.2% | 30.05% |
Gross Profit Margin | 34.52% | 33.24% |
Selling, General & Admin | $29.06M | $28.83M |
YoY Change | 17.27% | 7.29% |
% of Gross Profit | 14.29% | 15.06% |
Research & Development | $41.53M | $40.20M |
YoY Change | 18.89% | 19.84% |
% of Gross Profit | 20.42% | 21.0% |
Depreciation & Amortization | $22.32M | $22.20M |
YoY Change | -4.12% | -4.46% |
% of Gross Profit | 10.98% | 11.6% |
Operating Expenses | $70.59M | $69.02M |
YoY Change | 18.22% | 14.26% |
Operating Profit | $132.8M | $122.4M |
YoY Change | 41.07% | 41.05% |
Interest Expense | $3.816M | $3.900M |
YoY Change | 139.96% | 160.55% |
% of Operating Profit | 2.87% | 3.19% |
Other Income/Expense, Net | -$688.6K | $2.064M |
YoY Change | 174.62% | -427.98% |
Pretax Income | $135.9M | $124.5M |
YoY Change | 42.37% | 44.47% |
Income Tax | $18.96M | $19.75M |
% Of Pretax Income | 13.95% | 15.87% |
Net Earnings | $116.9M | $104.7M |
YoY Change | 35.72% | 44.14% |
Net Earnings / Revenue | 19.85% | 18.19% |
Basic Earnings Per Share | $0.50 | $0.45 |
Diluted Earnings Per Share | $0.50 | $0.45 |
COMMON SHARES | ||
Basic Shares Outstanding | 233.3M shares | 233.4M shares |
Diluted Shares Outstanding | 230.5M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $240.8M | $278.1M |
YoY Change | 1.27% | 16.33% |
Cash & Equivalents | $226.4M | $260.6M |
Short-Term Investments | $14.36M | $17.50M |
Other Short-Term Assets | $32.66M | $30.80M |
YoY Change | 8.75% | -22.16% |
Inventory | $402.5M | $395.5M |
Prepaid Expenses | ||
Receivables | $321.8M | $351.1M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $997.7M | $1.055B |
YoY Change | 5.17% | 6.68% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $652.9M | $606.2M |
YoY Change | 18.7% | 15.09% |
Goodwill | $340.1M | $313.2M |
YoY Change | 8.38% | -0.22% |
Intangibles | $214.0M | $204.9M |
YoY Change | -2.44% | -8.61% |
Long-Term Investments | $299.1M | $21.50M |
YoY Change | 517.94% | -45.84% |
Other Assets | $960.8M | $896.7M |
YoY Change | 15.97% | 12.75% |
Total Long-Term Assets | $1.614B | $1.503B |
YoY Change | 17.06% | 13.68% |
TOTAL ASSETS | ||
Total Short-Term Assets | $997.7M | $1.055B |
Total Long-Term Assets | $1.614B | $1.503B |
Total Assets | $2.611B | $2.558B |
YoY Change | 12.21% | 10.69% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $184.4M | $171.4M |
YoY Change | 21.52% | -0.04% |
Accrued Expenses | $58.74M | $103.0M |
YoY Change | -40.55% | 9.94% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $271.6M | $274.4M |
YoY Change | 8.4% | 3.48% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $27.31M | $15.46M |
YoY Change | 150.92% | 27.63% |
Total Long-Term Liabilities | $27.31M | $15.46M |
YoY Change | 150.92% | 27.63% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $271.6M | $274.4M |
Total Long-Term Liabilities | $27.31M | $15.46M |
Total Liabilities | $298.9M | $289.9M |
YoY Change | 14.34% | 4.54% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.337B | $1.307B |
YoY Change | 16.42% | 17.95% |
Common Stock | $982.1M | $975.2M |
YoY Change | 5.43% | 5.69% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.313B | $2.268B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.611B | $2.558B |
YoY Change | 12.21% | 10.69% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $116.9M | $104.7M |
YoY Change | 35.72% | 44.14% |
Depreciation, Depletion And Amortization | $22.32M | $22.20M |
YoY Change | -4.12% | -4.46% |
Cash From Operating Activities | $169.5M | $125.9M |
YoY Change | 66.48% | 167.32% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $64.23M | $30.10M |
YoY Change | 63.61% | -159.19% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$46.18M | -$32.50M |
YoY Change | 226.13% | 518.93% |
Cash From Investing Activities | -$110.3M | -$62.70M |
YoY Change | 106.51% | 11.76% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -93.45M | -40.20M |
YoY Change | 77.66% | 7.39% |
NET CHANGE | ||
Cash From Operating Activities | 169.5M | 125.9M |
Cash From Investing Activities | -110.3M | -62.70M |
Cash From Financing Activities | -93.45M | -40.20M |
Net Change In Cash | -34.22M | 23.00M |
YoY Change | 718.83% | -149.53% |
FREE CASH FLOW | ||
Cash From Operating Activities | $169.5M | $125.9M |
Capital Expenditures | $64.23M | $30.10M |
Free Cash Flow | $105.3M | $95.80M |
YoY Change | 68.28% | -2.19% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
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Short Term Investments
ShortTermInvestments
|
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CY2022Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
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CY2023Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
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Inventory Net
InventoryNet
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Inventory Net
InventoryNet
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Prepaid Expense And Other Assets Current
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Assets Current
AssetsCurrent
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Assets Current
AssetsCurrent
|
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Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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Goodwill
Goodwill
|
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Goodwill
Goodwill
|
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Long Term Investments
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Long Term Investments
LongTermInvestments
|
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Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
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Liabilities Current
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Liabilities
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Liabilities
Liabilities
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Common Stock Value
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Common Stock Value
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Retained Earnings Accumulated Deficit
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|
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
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Stockholders Equity
StockholdersEquity
|
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Stockholders Equity
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Liabilities And Stockholders Equity
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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Revenue From Contract With Customer Excluding Assessed Tax
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|
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Cost Of Goods And Services Sold
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|
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Cost Of Goods And Services Sold
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|
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Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
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us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
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us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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|
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Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
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Other Comprehensive Income Loss Tax
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|
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Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax
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|
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Stockholders Equity
StockholdersEquity
|
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Stock Issued During Period Value New Issues
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Stock Repurchased During Period Value
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|
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
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Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
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Dividends Common Stock Cash
DividendsCommonStockCash
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StockholdersEquity
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Stockholders Equity
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Stock Issued During Period Value New Issues
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Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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Amortization Of Intangible Assets
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Equity Method Investments
EquityMethodInvestments
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Cash And Cash Equivalents Fair Value Disclosure
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Assets Fair Value Disclosure
AssetsFairValueDisclosure
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Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
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Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
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Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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|
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
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Inventory Work In Process
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Inventory Finished Goods
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Inventory Net
InventoryNet
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Net Income Loss
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Net Income Loss
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Net Income Loss
NetIncomeLoss
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Participating Securities Distributed And Undistributed Earnings Loss Basic
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|
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Participating Securities Distributed And Undistributed Earnings Loss Diluted
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Net Income Loss Available To Common Stockholders Diluted
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Net Income Loss Available To Common Stockholders Diluted
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Net Income Loss Available To Common Stockholders Diluted
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Net Income Loss Available To Common Stockholders Diluted
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|
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Weighted Average Number Of Shares Outstanding Basic
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CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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Weighted Average Number Of Shares Outstanding Basic
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Weighted Average Number Of Shares Outstanding Basic
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|
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Weighted Average Number Diluted Shares Outstanding Adjustment
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|
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Weighted Average Number Diluted Shares Outstanding Adjustment
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Weighted Average Number Diluted Shares Outstanding Adjustment
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|
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Weighted Average Number Diluted Shares Outstanding Adjustment
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|
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Weighted Average Number Of Diluted Shares Outstanding
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|
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CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.45 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.33 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.99 | ||
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1384066 | shares |
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
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us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1410341 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1526986 | shares | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
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us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
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CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
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CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0172 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0178 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0174 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0179 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2866 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2902 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2889 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2862 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0460 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0406 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0411 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0316 | ||
CY2023Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y1M20D | |
CY2022Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y1M24D | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y1M24D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y1M24D | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
8.40 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
5.97 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
7.54 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
6.28 | ||
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
2700000 | shares | |
us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1800000 | shares | |
gntx |
Net Increase Decrease In Common Stock Shares From Shares Issued In Share Based Compensation And Shares Repurchased
NetIncreaseDecreaseInCommonStockSharesFromSharesIssuedInShareBasedCompensationAndSharesRepurchased
|
-900000 | shares | |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2023Q3 | us-gaap |
Dividends
Dividends
|
28000000 | usd |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
493636695 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1710082647 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1425310472 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
362956564 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
275888413 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.152 | ||
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
493636695 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1710082647 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1425310472 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent | |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent | |
CY2023Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
30758445 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
219360910 | usd |
CY2023Q3 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
36513490 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
25528700 | usd |
CY2023Q3 | gntx |
Patent And Other Assets Net
PatentAndOtherAssetsNet
|
69513945 | usd |
CY2022Q4 | gntx |
Patent And Other Assets Net
PatentAndOtherAssetsNet
|
67515425 | usd |
CY2023Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
896686273 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
828544512 | usd |
CY2023Q3 | us-gaap |
Assets
Assets
|
2558318838 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
2327229924 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
171359850 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
151740046 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
103045653 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
98812706 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-14142934 | usd |
us-gaap |
Gross Profit
GrossProfit
|
559260903 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
455979998 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
112825054 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
98373737 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
83479285 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
81717848 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
196304339 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
180091585 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
362956564 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
275888413 | usd | |
CY2023Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
3851967 | usd |
CY2022Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
1496852 | usd |
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
9682096 | usd | |
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
3205452 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3559613 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-4828119 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
6122483 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1622667 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
369079047 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
274265746 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
57619971 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
41676723 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
311459076 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
232589023 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.33 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.99 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.33 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.99 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.360 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.360 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
311459076 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
232589023 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-2295001 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
13723857 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
3500247 | usd | |
CY2022Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
22256782 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7611546 | usd |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2022Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
28151347 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
72655995 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
14241836 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2034045664 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2065792821 | usd |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
24304861 | usd | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
78735501 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
29212236 | usd | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.36 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
84049880 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
311459076 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
470194 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2268453807 | usd |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
12365103 | usd | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
5000012 | usd | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
93508804 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
22973113 | usd | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.36 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
84719963 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
232589023 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1358713 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2034045664 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
311459076 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
232589023 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
71001177 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
73289065 | usd | |
gntx |
Gain On Disposal Of Assets
GainOnDisposalOfAssets
|
271510 | usd | |
gntx |
Gain On Disposal Of Assets
GainOnDisposalOfAssets
|
56257 | usd | |
gntx |
Loss On Disposition Of Assets
LossOnDispositionOfAssets
|
250435 | usd | |
gntx |
Loss On Disposition Of Assets
LossOnDispositionOfAssets
|
22096 | usd | |
us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
2747586 | usd | |
us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
391378 | usd | |
us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
6840692 | usd | |
us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
1248450 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-11870944 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
4785787 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
29212236 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22973113 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
74648395 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
42618585 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-8907490 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
102018719 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5416624 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
16978469 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
27451773 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
52511201 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
7500486 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
11002238 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
367668306 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
236357565 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
32839883 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
37429595 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
14435000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
3500000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
112608739 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
49554476 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
121393801 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
108475787 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
185610 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
91949 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2533687 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2310428 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-119319147 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
76859341 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-136713585 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-156416365 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
41878987 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-39377947 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
218754638 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
262311670 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
260633625 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
222933723 | usd |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
9708125 | usd | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
5064356 | usd | |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
313807494 | usd |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
0 | usd | |
us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
0 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd | |
us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
-650101 | usd | |
CY2023Q3 | us-gaap |
Goodwill
Goodwill
|
313157393 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5200000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
15600000 | usd | |
CY2023Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
21500000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
214754638 | usd |
CY2022Q4 | gntx |
Restricted Cash Fair Value Disclosure
RestrictedCashFairValueDisclosure
|
4000000 | usd |
CY2022Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
378544756 | usd |
CY2022Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
159790118 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
104725412 | usd |
CY2022Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
1096274 | usd |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
3563605 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
230047014 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
231316879 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
229866008 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
231072421 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.33 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.99 | ||
CY2023Q3 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
103188307 | usd |
CY2023Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
-1978 | usd |
CY2022Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
-848 | usd |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
-4577 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
22973113 | usd | |
CY2023Q3 | gntx |
Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
|
0 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
3755401 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
189042 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3566359 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
499620 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1526098 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1058401 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
455548 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
215734 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
575848490 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
122416529 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
86791540 | usd |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.156 | ||
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
575848490 | usd |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.063 | |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1633120 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1933239 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3566359 | usd |