GENTEX CORPORATION GNTX Income Statement

Gentex corporation (GNTX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
NET SALES
1,844,070	1,858,897	1,868,470	1,850,962	1,837,232	1,834,063	1,840,225	1,818,599	1,806,757	1,794,872	1,755,215	1,746,230	1,726,892	1,678,924	1,664,604	1,624,790	1,580,248	1,543,617	1,488,436	1,449,520	1,408,699	1,375,501	1,351,859	1,289,567	1,238,104	1,171,864	1,105,443	1,085,070	1,078,351	1,099,559	1,099,557	1,100,776	1,063,522	1,023,762	985,515	922,880	881,440	816,263	749,904	660,413	0	0	0
COST OF GOODS SOLD
1,168,819	1,170,589	1,169,923	1,159,746	1,149,749	1,143,597	1,141,512	1,121,647	1,115,401	1,100,344	1,071,809	1,060,233	1,041,329	1,010,472	1,002,075	984,186	960,873	939,841	913,230	887,586	858,015	836,611	818,948	789,319	769,536	741,131	714,286	709,759	712,896	726,740	725,503	721,554	691,432	662,181	634,820	593,711	564,001	520,573	479,326	427,800	0	0	0
Gross profit
675,250	688,307	698,546	691,215	687,482	690,466	698,713	696,952	691,355	694,528	683,405	685,997	685,562	668,452	662,528	640,603	619,374	603,776	575,205	561,934	550,683	538,889	532,911	500,247	468,568	430,732	391,157	375,310	365,455	372,818	374,053	379,222	372,090	361,580	350,694	329,169	317,438	295,690	270,577	232,612	0	0	0
OPERATING EXPENSES:
Engineering, research and development
116,213	114,687	112,843	110,333	109,174	107,134	104,699	102,580	100,623	99,726	99,655	98,470	96,299	94,238	92,732	90,653	89,896	88,392	87,188	87,355	85,274	84,175	82,235	79,670	78,300	76,495	75,216	76,543	80,472	85,003	88,246	88,481	85,934	81,634	77,904	73,699	68,676	64,100	57,980	52,738	0	0	0
Selling, general & administrative
87,068	85,083	82,567	78,453	77,101	75,206	77,393	76,107	73,285	71,443	66,449	65,086	63,942	62,471	59,326	57,430	57,570	56,616	57,297	56,916	56,044	55,879	54,820	54,272	52,201	49,496	48,016	46,875	47,175	48,359	49,386	49,698	49,377	48,578	46,600	44,554	42,306	40,617	39,126	37,297	0	0	0
Total operating expenses
203,282	199,770	195,410	188,787	186,276	182,341	182,092	178,687	173,909	171,169	166,105	163,557	160,241	156,709	152,059	148,083	147,467	145,009	144,486	144,271	141,318	140,055	137,056	133,942	130,502	125,991	128,232	128,418	132,647	138,363	137,633	138,179	135,312	130,212	124,505	118,254	110,983	104,718	97,107	90,036	0	0	0
Income from operations
471,968	488,537	503,136	502,428	501,206	508,125	516,620	518,265	517,446	523,358	517,300	522,439	525,321	511,742	510,469	492,519	471,906	458,766	430,719	417,662	409,365	398,834	395,854	366,304	338,065	304,741	262,924	246,891	232,807	234,455	236,419	241,043	236,778	231,367	226,189	210,915	206,455	190,972	173,470	142,576	0	0	0
OTHER INCOME (LOSS)
Investment income
10,414	11,230	11,956	11,783	12,487	11,262	12,156	11,115	10,007	9,442	7,654	6,431	5,469	4,787	5,609	5,188	5,168	4,990	6,748	6,659	6,303	6,016	6,259	6,326	6,554	6,724	5,086	5,198	5,206	5,307	4,340	4,297	4,262	4,165	2,854	2,931	2,888	2,901	2,256	2,504	0	0	0
Impairment loss on available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other income (loss), net
398	647	2,457	2,293	1,501	2,659	646	340	1,237	-1,004	-2,259	-2,680	-4,934	-5,969	-5,897	-5,806	-2,332	-165	1,467	2,558	6,383	10,475	13,331	19,863	19,382	16,597	14,387	10,950	8,577	9,863	9,123	7,354	8,723	8,898	11,899	12,770	9,866	9,565	8,052	6,830	0	0	0
Total other income
10,813	11,877	14,413	14,076	13,989	13,921	12,803	11,455	11,245	8,438	5,394	3,751	535	-1,182	-287	-618	2,836	4,825	8,216	9,217	12,687	16,492	19,590	26,190	25,936	23,322	19,473	16,149	13,784	15,170	13,463	11,652	12,985	13,063	14,754	15,701	12,754	12,467	10,309	9,334	0	0	0
INCOME BEFORE PROVISION FOR INCOME TAXES
482,781	500,415	517,550	516,505	515,195	522,046	529,423	529,720	528,691	531,796	522,695	526,191	525,856	510,560	510,181	491,901	474,743	463,591	438,935	426,880	422,052	415,326	415,444	392,495	364,002	328,064	282,398	263,041	246,592	249,625	249,882	252,695	249,763	244,431	240,944	226,617	219,210	203,440	183,780	151,910	0	0	0
PROVISION FOR INCOME TAXES
72,872	75,731	86,138	85,655	84,280	84,163	67,345	88,748	108,207	125,004	157,610	159,272	160,988	162,969	162,956	158,408	153,176	145,121	137,886	131,826	124,830	126,721	127,933	121,800	117,936	105,134	89,751	84,037	78,919	81,038	80,428	81,721	81,083	79,763	79,818	74,597	71,605	65,706	59,032	49,245	0	0	0
NET INCOME
409,909	424,683	431,411	430,849	430,914	437,883	462,077	440,971	420,483	406,791	365,084	366,918	364,868	347,591	347,225	333,493	321,566	318,469	301,049	295,053	297,221	288,604	287,510	270,694	246,065	222,929	192,647	179,003	167,672	168,586	169,454	170,974	168,679	164,668	161,125	152,019	147,604	137,733	124,747	102,665	0	0	0
EARNINGS PER SHARE:
Basic (in dollars per share)
0.36	0.41	0.44	0.42	0.40	0.42	0.42	0.40	0.40	0.45	0.32	0.31	0.34	0.31	0.32	0.30	0.28	0.31	0.27	0.25	0.26	0.24	0.25	0.26	0.24	-0.29	0.39	0.36	0.32	-0.30	0.29	0.28	0.32	0.29	0.30	0.27	0.30	0.27	0.25	0.24	0.23	0.17	0.09
Diluted (in dollars per share)
0.36	0.40	0.44	0.42	0.40	0.40	0.42	0.40	0.40	0.46	0.31	0.31	0.33	0.29	0.32	0.30	0.28	0.30	0.27	0.25	0.26	0.24	0.25	0.26	0.23	-0.29	0.38	0.36	0.32	-0.30	0.29	0.28	0.32	0.28	0.30	0.27	0.29	0.27	0.24	0.24	0.23	0.17	0.09
Cash Dividends Declared per Share (in dollars per share)
0.12	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.10	0.10	0.10	0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.07	-0.14	0.14	0.14	0.14	-0.13	0.13	0.13	0.13	0.12	0.12	0.12	0.12	0.11	0.11	0.11	0.11	0.11	0.11