GENTEX CORPORATION: 10-K filed 2011-02-22

Name: GENTEX CORPORATION: 10-K filed 2011-02-22
Creator: GENTEX CORPORATION

What GENTEX CORPORATION reported in its annual report filed 2011-02-22 (fiscal FY 2010): 36 published measures, 95 facts as tagged in accession 0000950123-11-016242.

This filing

Form: 10-K (annual report)
Filed: 2011-02-22
Fiscal period: fiscal FY 2010
Accession: 0000950123-11-016242 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.

Period	Value	Unit	Days
At 2010-12-31	1,002,690,639	USD
At 2009-12-31	822,603,489	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2010-12-31	893,530,826	USD
At 2009-12-31	735,928,743	USD

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.

Period	Value	Unit
At 2010-12-31	348,349,773	USD
At 2009-12-31	336,108,446	USD
At 2008-12-31	294,306,512	USD
At 2007-12-31	317,717,093	USD

Net income or loss

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

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	137,733,969	USD	365
2009-01-01 to 2009-12-31	64,637,085	USD	365
2008-01-01 to 2008-12-31	62,087,947	USD	366

Operating cash flow

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

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	128,133,686	USD	365
2009-01-01 to 2009-12-31	110,654,296	USD	365
2008-01-01 to 2008-12-31	120,632,220	USD	366

Financing cash flow

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

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	8,694,134	USD	365
2009-01-01 to 2009-12-31	-53,077,862	USD	365
2008-01-01 to 2008-12-31	-159,844,763	USD	366

Investing cash flow

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

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	-124,586,493	USD	365
2009-01-01 to 2009-12-31	-15,774,500	USD	365
2008-01-01 to 2008-12-31	15,801,962	USD	366

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2010-12-31	514,842,177	USD
At 2009-12-31	438,937,242	USD

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	0.99	USD/shares	365
2009-01-01 to 2009-12-31	0.47	USD/shares	365
2008-01-01 to 2008-12-31	0.44	USD/shares	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	0.98	USD/shares	365
2009-01-01 to 2009-12-31	0.47	USD/shares	365
2008-01-01 to 2008-12-31	0.44	USD/shares	366

Income tax expense or benefit

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

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	65,706,045	USD	365
2009-01-01 to 2009-12-31	31,715,218	USD	365
2008-01-01 to 2008-12-31	30,106,914	USD	366

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.

Period	Value	Unit	Days
At 2010-12-31	205,107,756	USD
At 2009-12-31	197,530,249	USD

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	10,652,196	USD	365
2009-01-01 to 2009-12-31	9,084,891	USD	365
2008-01-01 to 2008-12-31	10,217,484	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	190,972,069	USD	365
2009-01-01 to 2009-12-31	94,619,069	USD	365
2008-01-01 to 2008-12-31	108,812,916	USD	366

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.

Period	Value	Unit	Days
At 2010-12-31	655,269,274	USD
At 2009-12-31	505,413,495	USD

Current liabilities

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

Period	Value	Unit	Days
At 2010-12-31	72,088,629	USD
At 2009-12-31	58,637,778	USD

Current accounts payable

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

Period	Value	Unit	Days
At 2010-12-31	40,295,464	USD
At 2009-12-31	27,456,747	USD

Net current accounts receivable

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

Period	Value	Unit	Days
At 2010-12-31	95,647,612	USD
At 2009-12-31	71,159,512	USD

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	0	USD	365
2009-01-01 to 2009-12-31	0	USD	365
2008-01-01 to 2008-12-31	111,259,803	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	104,718,244	USD	365
2009-01-01 to 2009-12-31	82,935,708	USD	365
2008-01-01 to 2008-12-31	94,313,972	USD	366

Net inventory

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

Period	Value	Unit	Days
At 2010-12-31	100,728,730	USD
At 2009-12-31	53,608,996	USD

Gross profit

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

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	295,690,313	USD	365
2009-01-01 to 2009-12-31	177,554,777	USD	365
2008-01-01 to 2008-12-31	203,126,888	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	40,617,833	USD	365
2009-01-01 to 2009-12-31	35,807,622	USD	365
2008-01-01 to 2008-12-31	42,425,050	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	64,100,411	USD	365
2009-01-01 to 2009-12-31	47,128,086	USD	365
2008-01-01 to 2008-12-31	51,888,922	USD	366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2010-12-31	142,292,127	shares
At 2009-12-31	138,339,385	shares

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2010-12-31	486,549,059	USD
At 2009-12-31	446,803,749	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2010-12-31	281,441,303	USD
At 2009-12-31	249,273,500	USD

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.

Period	Value	Unit	Days
At 2010-12-31	13,222,442	USD
At 2009-12-31	10,504,497	USD

Other noncurrent assets

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

Period	Value	Unit	Days
At 2010-12-31	142,313,609	USD
At 2009-12-31	119,659,745	USD

Depreciation, depletion and amortization

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

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	38,620,674	USD	365
2009-01-01 to 2009-12-31	38,364,492	USD	365
2008-01-01 to 2008-12-31	35,891,067	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	9,565,989	USD	365
2009-01-01 to 2009-12-31	-298,029	USD	365
2008-01-01 to 2008-12-31	-12,308,480	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	12,467,945	USD	365
2009-01-01 to 2009-12-31	1,733,234	USD	365
2008-01-01 to 2008-12-31	-16,618,055	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	10,390,886	USD	365
2009-01-01 to 2009-12-31	-688,619	USD	365
2008-01-01 to 2008-12-31	-842,961	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	-24,488,100	USD	365
2009-01-01 to 2009-12-31	-26,630,702	USD	365
2008-01-01 to 2008-12-31	19,652,701	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	-47,119,734	USD	365
2009-01-01 to 2009-12-31	1,384,859	USD	365
2008-01-01 to 2008-12-31	-6,944,295	USD	366

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.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	-12,838,717	USD	365
2009-01-01 to 2009-12-31	-7,750,588	USD	365
2008-01-01 to 2008-12-31	10,825,490	USD	366

Inspect the source

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

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import json
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with urlopen("https://canlicapital.com/company-data/0000355811.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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