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GENTEX CORPORATION: 10-Q filed 2017-11-03

What GENTEX CORPORATION reported in its quarterly report filed 2017-11-03 (fiscal Q3 2017): 43 published measures, 117 facts as tagged in accession 0000355811-17-000048.

This filing

Form
10-Q (quarterly report)
Filed
2017-11-03
Fiscal period
fiscal Q3 2017
Accession
0000355811-17-000048 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All GENTEX CORPORATION filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2017-09-302,371,631,194USD
At 2016-12-312,309,619,833USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2017-09-30345,365,995USD
At 2016-12-31399,195,599USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2017-09-302,026,265,199USD
At 2016-12-311,910,424,234USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2017-09-30561,999,767USD
At 2016-12-31546,477,075USD
At 2016-09-30534,518,281USD
At 2015-12-31551,557,527USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2017-07-01 to 2017-09-3090,230,335USD92
2017-01-01 to 2017-09-30276,323,023USD273
2016-07-01 to 2016-09-3092,064,646USD92
2016-01-01 to 2016-09-30258,829,882USD274

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2017-01-01 to 2017-09-30352,556,094USD273
2016-01-01 to 2016-09-30356,416,654USD274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2017-01-01 to 2017-09-30-256,472,971USD273
2016-01-01 to 2016-09-30-173,135,287USD274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2017-01-01 to 2017-09-30-80,560,431USD273
2016-01-01 to 2016-09-30-200,320,613USD274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2017-09-301,289,596,619USD
At 2016-12-311,210,984,825USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2017-07-01 to 2017-09-30284,661,920shares92
2017-01-01 to 2017-09-30285,915,565shares273
2016-07-01 to 2016-09-30287,736,638shares92
2016-01-01 to 2016-09-30288,466,905shares274

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2017-07-01 to 2017-09-30287,020,950shares92
2017-01-01 to 2017-09-30289,061,501shares273
2016-07-01 to 2016-09-30290,453,825shares92
2016-01-01 to 2016-09-30291,024,663shares274

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2017-07-01 to 2017-09-300.32USD/shares92
2017-01-01 to 2017-09-300.97USD/shares273
2016-07-01 to 2016-09-300.32USD/shares92
2016-01-01 to 2016-09-300.9USD/shares274

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2017-07-01 to 2017-09-300.31USD/shares92
2017-01-01 to 2017-09-300.96USD/shares273
2016-07-01 to 2016-09-300.32USD/shares92
2016-01-01 to 2016-09-300.89USD/shares274

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2017-07-01 to 2017-09-3040,601,708USD92
2017-01-01 to 2017-09-30117,317,687USD273
2016-07-01 to 2016-09-3042,263,336USD92
2016-01-01 to 2016-09-30122,676,422USD274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2017-09-30493,663,599USD
At 2016-12-31465,822,467USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2017-01-01 to 2017-09-3013,090,804USD273
2016-01-01 to 2016-09-3014,503,307USD274

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2017-07-01 to 2017-09-30129,072,652USD92
2017-01-01 to 2017-09-30389,364,286USD273
2016-07-01 to 2016-09-30134,212,281USD92
2016-01-01 to 2016-09-30383,806,992USD274

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2017-09-301,203,861,495USD
At 2016-12-311,154,989,029USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2017-09-30264,922,840USD
At 2016-12-31149,857,979USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2017-09-3079,903,534USD
At 2016-12-3179,963,630USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2017-09-30307,365,845USD
At 2016-12-31307,365,845USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2017-09-30240,505,816USD
At 2016-12-31211,591,745USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2017-01-01 to 2017-09-30129,827,666USD273
2016-01-01 to 2016-09-30122,741,623USD274

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2017-07-01 to 2017-09-3042,157,008USD92
2017-01-01 to 2017-09-30124,873,954USD273
2016-07-01 to 2016-09-3039,609,619USD92
2016-01-01 to 2016-09-30115,478,255USD274

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2017-09-30206,657,817USD
At 2016-12-31189,311,437USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2017-07-01 to 2017-09-30171,229,660USD92
2017-01-01 to 2017-09-30514,238,240USD273
2016-07-01 to 2016-09-30173,821,900USD92
2016-01-01 to 2016-09-30499,285,247USD274

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2017-07-01 to 2017-09-3017,386,729USD92
2017-01-01 to 2017-09-3049,708,008USD273
2016-07-01 to 2016-09-3016,024,504USD92
2016-01-01 to 2016-09-3045,730,143USD274

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2017-07-01 to 2017-09-3024,770,279USD92
2017-01-01 to 2017-09-3075,165,946USD273
2016-07-01 to 2016-09-3023,585,115USD92
2016-01-01 to 2016-09-3069,748,112USD274

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2017-09-306,005,415USD
At 2016-12-31-1,271,305USD
At 2016-09-30-442,780USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2017-09-300USD
At 2016-12-31178,125,000USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2017-09-30293,800,000USD
At 2016-12-31308,275,000USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2017-09-30674,106,100USD
At 2016-12-31688,808,337USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2017-09-30185,019,306USD
At 2016-12-3169,894,349USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2017-09-3016,047,166USD
At 2016-12-3130,587,575USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2017-07-01 to 2017-09-3093,054,594USD92
2017-01-01 to 2017-09-30283,599,743USD273
2016-07-01 to 2016-09-3095,097,463USD92
2016-01-01 to 2016-09-30259,517,937USD274

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2017-01-01 to 2017-09-3074,858,551USD273
2016-01-01 to 2016-09-3068,853,761USD274

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2017-07-01 to 2017-09-30-379,996USD92
2017-01-01 to 2017-09-30-1,071,628USD273
2016-07-01 to 2016-09-30-800,855USD92
2016-01-01 to 2016-09-30-4,781,387USD274

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2017-07-01 to 2017-09-301,759,391USD92
2017-01-01 to 2017-09-304,276,424USD273
2016-07-01 to 2016-09-30115,701USD92
2016-01-01 to 2016-09-30-2,300,688USD274

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2017-01-01 to 2017-09-306,855,507USD273
2016-01-01 to 2016-09-302,204,030USD274

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2017-01-01 to 2017-09-3031,896,752USD273
2016-01-01 to 2016-09-3055,449,028USD274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-09-3028,914,071USD273
2016-01-01 to 2016-09-3033,267,389USD274

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-09-3017,346,380USD273
2016-01-01 to 2016-09-304,658,192USD274

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-09-30-60,096USD273
2016-01-01 to 2016-09-304,647,045USD274

Inspect the source

Entity
GENTEX CORPORATION / CIK 0000355811
Captured
2026-09-19T14:57:30.647Z
SEC response SHA-256
eb99451c516d46096834feea4e32d587225b1e40e8c07b7e0c0a0961878fc624

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000355811.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))