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GENTEX CORPORATION: 10-K filed 2012-02-22

What GENTEX CORPORATION reported in its annual report filed 2012-02-22 (fiscal FY 2011): 42 published measures, 115 facts as tagged in accession 0001193125-12-071341.

This filing

Form
10-K (annual report)
Filed
2012-02-22
Fiscal period
fiscal FY 2011
Accession
0001193125-12-071341 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 2011-12-311,176,027,002USD
At 2010-12-311,002,690,639USD
At 2009-12-31822,603,489USD

Stockholders equity

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

PeriodValueUnitDays
At 2011-12-311,027,118,521USD
At 2010-12-31893,530,826USD
At 2009-12-31735,928,743USD
At 2008-12-31698,596,322USD

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 2011-12-31357,986,774USD
At 2010-12-31348,349,773USD
At 2009-12-31336,108,446USD
At 2008-12-31294,306,512USD

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
2011-01-01 to 2011-12-31164,668,228USD365
2010-01-01 to 2010-12-31137,733,969USD365
2009-01-01 to 2009-12-3164,637,085USD365

Operating cash flow

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

PeriodValueUnitDays
2011-01-01 to 2011-12-31141,668,665USD365
2010-01-01 to 2010-12-31128,133,686USD365
2009-01-01 to 2009-12-31110,654,296USD365

Financing cash flow

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

PeriodValueUnitDays
2011-01-01 to 2011-12-31-28,504,674USD365
2010-01-01 to 2010-12-318,694,134USD365
2009-01-01 to 2009-12-31-53,077,862USD365

Investing cash flow

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

PeriodValueUnitDays
2011-01-01 to 2011-12-31-103,526,990USD365
2010-01-01 to 2010-12-31-124,586,493USD365
2009-01-01 to 2009-12-31-15,774,500USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2011-12-31610,702,253USD
At 2010-12-31514,842,177USD

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
2011-01-01 to 2011-12-31142,492,699shares365
2010-01-01 to 2010-12-31139,356,831shares365
2009-01-01 to 2009-12-31137,227,677shares365

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
2011-01-01 to 2011-12-31144,276,808shares365
2010-01-01 to 2010-12-31140,735,767shares365
2009-01-01 to 2009-12-31137,645,350shares365

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
2011-01-01 to 2011-12-311.16USD/shares365
2010-01-01 to 2010-12-310.99USD/shares365
2009-01-01 to 2009-12-310.47USD/shares365

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
2011-01-01 to 2011-12-311.14USD/shares365
2010-01-01 to 2010-12-310.98USD/shares365
2009-01-01 to 2009-12-310.47USD/shares365

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
2011-01-01 to 2011-12-3179,763,583USD365
2010-01-01 to 2010-12-3165,706,045USD365
2009-01-01 to 2009-12-3131,715,218USD365

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 2011-12-31282,541,588USD
At 2010-12-31205,107,756USD

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
2011-01-01 to 2011-12-3114,197,557USD365
2010-01-01 to 2010-12-3110,652,196USD365
2009-01-01 to 2009-12-319,084,891USD365

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
2011-01-01 to 2011-12-31231,367,925USD365
2010-01-01 to 2010-12-31190,972,069USD365
2009-01-01 to 2009-12-3194,619,069USD365

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 2011-12-31752,292,984USD
At 2010-12-31655,269,274USD

Current liabilities

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

PeriodValueUnitDays
At 2011-12-31100,694,500USD
At 2010-12-3172,088,629USD

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 2011-12-3165,470,573USD
At 2010-12-3140,295,464USD

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 2011-12-31110,389,715USD
At 2010-12-3195,647,612USD

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
2011-01-01 to 2011-12-31130,212,410USD365
2010-01-01 to 2010-12-31104,718,244USD365
2009-01-01 to 2009-12-3182,935,708USD365

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 2011-12-31188,753,312USD
At 2010-12-31100,728,730USD

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
2011-01-01 to 2011-12-31361,580,335USD365
2010-01-01 to 2010-12-31295,690,313USD365
2009-01-01 to 2009-12-31177,554,777USD365

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
2011-01-01 to 2011-12-3148,578,252USD365
2010-01-01 to 2010-12-3140,617,833USD365
2009-01-01 to 2009-12-3135,807,622USD365

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
2011-01-01 to 2011-12-3181,634,158USD365
2010-01-01 to 2010-12-3164,100,411USD365
2009-01-01 to 2009-12-3147,128,086USD365

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.

PeriodValueUnitDays
At 2011-12-31144,069,563shares
At 2010-12-31142,292,127shares

Gross property, plant and equipment

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

PeriodValueUnitDays
At 2011-12-31603,929,533USD
At 2010-12-31486,549,059USD

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.

PeriodValueUnitDays
At 2011-12-31321,387,945USD
At 2010-12-31281,441,303USD

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 2011-12-3113,024,265USD
At 2010-12-3113,222,442USD

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 2011-12-31141,192,430USD
At 2010-12-31142,313,609USD

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 2011-12-3134,354,946USD
At 2010-12-3124,095,563USD

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2011-01-01 to 2011-12-3141,572,000USD365
2010-01-01 to 2010-12-3137,744,000USD365
2009-01-01 to 2009-12-3137,866,000USD365

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
2011-01-01 to 2011-12-3142,634,684USD365
2010-01-01 to 2010-12-3138,620,674USD365
2009-01-01 to 2009-12-3138,364,492USD365

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
2011-01-01 to 2011-12-311,063,000USD365
2010-01-01 to 2010-12-31877,000USD365
2009-01-01 to 2009-12-31498,000USD365

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
2011-01-01 to 2011-12-318,898,077USD365
2010-01-01 to 2010-12-319,565,989USD365
2009-01-01 to 2009-12-31-298,029USD365

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
2011-01-01 to 2011-12-3113,063,886USD365
2010-01-01 to 2010-12-3112,467,945USD365
2009-01-01 to 2009-12-311,733,234USD365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2011-01-01 to 2011-12-3165,820,583USD365
2010-01-01 to 2010-12-3155,315,045USD365
2009-01-01 to 2009-12-3132,404,218USD365

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
2011-01-01 to 2011-12-3113,942,674USD365
2010-01-01 to 2010-12-3110,390,886USD365
2009-01-01 to 2009-12-31-688,619USD365

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
2011-01-01 to 2011-12-3133,304,764USD365
2010-01-01 to 2010-12-3167,067,391USD365
2009-01-01 to 2009-12-317,487,895USD365

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
2011-01-01 to 2011-12-3114,742,103USD365
2010-01-01 to 2010-12-3124,488,100USD365
2009-01-01 to 2009-12-3126,630,702USD365

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
2011-01-01 to 2011-12-3188,024,582USD365
2010-01-01 to 2010-12-3147,119,734USD365
2009-01-01 to 2009-12-31-1,384,859USD365

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
2011-01-01 to 2011-12-3125,175,109USD365
2010-01-01 to 2010-12-3112,838,717USD365
2009-01-01 to 2009-12-317,750,588USD365

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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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"])))