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GENTEX CORPORATION: 10-Q filed 2020-11-05

What GENTEX CORPORATION reported in its quarterly report filed 2020-11-05 (fiscal Q3 2020): 47 published measures, 129 facts as tagged in accession 0000355811-20-000043.

This filing

Form
10-Q (quarterly report)
Filed
2020-11-05
Fiscal period
fiscal Q3 2020
Accession
0000355811-20-000043 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 2020-09-302,192,475,106USD
At 2019-12-312,168,803,193USD

Total liabilities

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

PeriodValueUnitDays
At 2020-09-30296,862,807USD
At 2019-12-31230,715,373USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-09-301,895,612,299USD
At 2020-06-301,822,607,413USD
At 2019-12-311,938,087,820USD
At 2019-09-301,921,328,263USD
At 2019-06-301,904,334,235USD
At 2018-12-311,861,751,660USD

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 2020-09-30400,499,542USD
At 2019-12-31296,321,622USD

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
2020-07-01 to 2020-09-30117,092,602USD92
2020-01-01 to 2020-09-30204,224,370USD274
2019-07-01 to 2019-09-30111,897,852USD92
2019-01-01 to 2019-09-30325,136,888USD273

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30329,044,250USD274
2019-01-01 to 2019-09-30383,940,298USD273

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-249,577,900USD274
2019-01-01 to 2019-09-30-281,758,883USD273

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-3024,711,570USD274
2019-01-01 to 2019-09-30-59,055,610USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-09-301,046,052,853USD
At 2019-12-311,116,372,133USD

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
2020-07-01 to 2020-09-30241,898,117shares92
2020-01-01 to 2020-09-30243,240,699shares274
2019-07-01 to 2019-09-30251,075,859shares92
2019-01-01 to 2019-09-30252,811,950shares273

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
2020-07-01 to 2020-09-30242,817,067shares92
2020-01-01 to 2020-09-30244,267,615shares274
2019-07-01 to 2019-09-30252,578,982shares92
2019-01-01 to 2019-09-30254,267,851shares273

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
2020-07-01 to 2020-09-300.48USD/shares92
2020-01-01 to 2020-09-300.83USD/shares274
2019-07-01 to 2019-09-300.44USD/shares92
2019-01-01 to 2019-09-301.27USD/shares273

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
2020-07-01 to 2020-09-300.48USD/shares92
2020-01-01 to 2020-09-300.82USD/shares274
2019-07-01 to 2019-09-300.44USD/shares92
2019-01-01 to 2019-09-301.26USD/shares273

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
2020-07-01 to 2020-09-3025,804,396USD92
2020-01-01 to 2020-09-3042,075,250USD274
2019-07-01 to 2019-09-3019,681,661USD92
2019-01-01 to 2019-09-3061,633,712USD273

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 2020-09-30474,019,432USD
At 2019-12-31498,316,100USD

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
2020-01-01 to 2020-09-3023,266,906USD274
2019-01-01 to 2019-09-3015,927,434USD273

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
2020-07-01 to 2020-09-30138,852,889USD92
2020-01-01 to 2020-09-30237,141,800USD274
2019-07-01 to 2019-09-30128,135,680USD92
2019-01-01 to 2019-09-30377,636,979USD273

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 2020-09-30975,318,566USD
At 2019-12-31950,376,892USD

Current liabilities

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

PeriodValueUnitDays
At 2020-09-30236,489,170USD
At 2019-12-31171,846,800USD

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 2020-09-3090,246,791USD
At 2019-12-3197,553,917USD

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 2020-09-30311,216,556USD
At 2019-12-31307,365,845USD

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 2020-09-30268,457,875USD
At 2019-12-31235,410,326USD

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
2020-01-01 to 2020-09-30210,480,446USD274
2019-01-01 to 2019-09-30262,763,375USD273

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
2020-07-01 to 2020-09-3049,383,823USD92
2020-01-01 to 2020-09-30151,627,201USD274
2019-07-01 to 2019-09-3052,185,606USD92
2019-01-01 to 2019-09-30148,866,416USD273

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 2020-09-30233,358,102USD
At 2019-12-31248,941,855USD

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
2020-07-01 to 2020-09-30188,236,712USD92
2020-01-01 to 2020-09-30388,769,001USD274
2019-07-01 to 2019-09-30180,321,286USD92
2019-01-01 to 2019-09-30526,503,395USD273

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
2020-07-01 to 2020-09-3021,571,093USD92
2020-01-01 to 2020-09-3065,206,080USD274
2019-07-01 to 2019-09-3022,786,881USD92
2019-01-01 to 2019-09-3063,019,167USD273

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
2020-07-01 to 2020-09-3027,812,730USD92
2020-01-01 to 2020-09-3086,421,121USD274
2019-07-01 to 2019-09-3029,398,725USD92
2019-01-01 to 2019-09-3085,847,249USD273

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2020-09-30400,499,542USD
At 2019-12-31296,321,622USD
At 2019-09-30260,151,083USD
At 2018-12-31217,025,278USD

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 2020-09-304,447,060USD
At 2019-12-31-1,289,103USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2020-09-302,849,483USD

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 2020-09-30247,911,399USD
At 2019-12-31250,375,000USD

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 2020-09-30743,137,108USD
At 2019-12-31720,110,201USD

Other noncurrent liabilities

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

PeriodValueUnitDays
At 2020-09-3015,071,701USD
At 2019-12-317,414,424USD

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 2020-09-30121,242,379USD
At 2019-12-3174,292,883USD

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 2020-09-3020,424,567USD
At 2019-12-3129,319,036USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2020-09-3045,301,936USD
At 2019-12-3151,454,149USD

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
2020-07-01 to 2020-09-30118,800,418USD92
2020-01-01 to 2020-09-30209,960,533USD274
2019-07-01 to 2019-09-30110,636,126USD92
2019-01-01 to 2019-09-30325,974,721USD273

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
2020-01-01 to 2020-09-3078,489,026USD274
2019-01-01 to 2019-09-3079,331,513USD273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2020-07-01 to 2020-09-305,600,000USD92
2020-01-01 to 2020-09-3016,800,000USD274
2019-07-01 to 2019-09-305,600,000USD92
2019-01-01 to 2019-09-3016,800,000USD273

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
2020-07-01 to 2020-09-302,218,852USD92
2020-01-01 to 2020-09-303,423,881USD274
2019-07-01 to 2019-09-3090,323USD92
2019-01-01 to 2019-09-30376,983USD273

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
2020-07-01 to 2020-09-304,044,109USD92
2020-01-01 to 2020-09-309,157,820USD274
2019-07-01 to 2019-09-303,443,833USD92
2019-01-01 to 2019-09-309,133,621USD273

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
2020-01-01 to 2020-09-30-9,559,993USD274
2019-01-01 to 2019-09-302,189,818USD273

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
2020-01-01 to 2020-09-3023,677,181USD274
2019-01-01 to 2019-09-3068,221,875USD273

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
2020-01-01 to 2020-09-3032,832,997USD274
2019-01-01 to 2019-09-3039,570,916USD273

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
2020-01-01 to 2020-09-30-15,659,539USD274
2019-01-01 to 2019-09-3013,395,196USD273

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
2020-01-01 to 2020-09-30-7,389,582USD274
2019-01-01 to 2019-09-302,499,481USD273

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"])))