XML 45 R35.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill and Other Intangible Assets (Schedule of Intangible Assets) (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]    
Finite-lived intangible assets, accumulated amortization $ (144,750,000) $ (139,925,000)
Intangible assets, gross 401,661,809 389,673,127
Intangible assets, net 256,911,809 249,748,127 [1]
Gentex Patents    
Finite-Lived Intangible Assets [Line Items]    
Finite-lived intangible assets, gross 38,906,267 38,625,292
Finite-lived intangible assets, accumulated amortization (25,116,962) (24,528,853)
Finite-lived intangible assets, net 13,789,305 14,096,439
Vaporsens Technology Licenses    
Finite-Lived Intangible Assets [Line Items]    
Finite-lived intangible assets, gross 315,425 300,985
Finite-lived intangible assets, accumulated amortization (54,062) (38,856)
Finite-lived intangible assets, net 261,363 262,129
HomeLink® Technology    
Finite-Lived Intangible Assets [Line Items]    
Finite-lived intangible assets, gross 180,000,000 180,000,000
Finite-lived intangible assets, accumulated amortization (112,500,000) (108,750,000)
Finite-lived intangible assets, net $ 67,500,000 $ 71,250,000
Finite-lived intangible asset, useful life 12 years 12 years
Existing Customer Platforms    
Finite-Lived Intangible Assets [Line Items]    
Finite-lived intangible assets, gross $ 43,000,000 $ 43,000,000
Finite-lived intangible assets, accumulated amortization (32,250,000) (31,175,000)
Finite-lived intangible assets, net $ 10,750,000 $ 11,825,000
Finite-lived intangible asset, useful life 10 years 10 years
Patents and Other Intangible Assets    
Finite-Lived Intangible Assets [Line Items]    
Finite-lived intangible assets, accumulated amortization $ (169,921,024) $ (164,453,853)
Intangible assets, gross 440,883,501 428,298,419
Intangible assets, net 270,962,477 263,844,566
HomeLink® Trade Names and Trademarks    
Finite-Lived Intangible Assets [Line Items]    
Indefinite-lived intangible assets 52,000,000 52,000,000
Exclusive Licensing Agreement    
Finite-Lived Intangible Assets [Line Items]    
Indefinite-lived intangible assets 96,000,000 96,000,000
In-Process R&D | Vaporsens Inc    
Finite-Lived Intangible Assets [Line Items]    
Indefinite-lived intangible assets 11,000,000 11,000,000
In-Process R&D | Argil, Inc.    
Finite-Lived Intangible Assets [Line Items]    
Indefinite-lived intangible assets 6,278,132 6,278,132
In-Process R&D | Air-CraftGlass    
Finite-Lived Intangible Assets [Line Items]    
Indefinite-lived intangible assets 1,389,237 $ 1,394,995
In-Process R&D | Guardian Optical Technologies    
Finite-Lived Intangible Assets [Line Items]    
Indefinite-lived intangible assets $ 11,994,440  
[1] The condensed consolidated balance sheet at December 31, 2020 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.