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Consolidated Condensed Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Product revenues $ 206,012 $ 171,182 $ 606,132 $ 479,792
Cost of sales 144,427 125,265 426,765 354,672
Gross margin 61,585 45,917 179,367 125,120
Operating expenses:        
Net research and development expenses 15,278 12,718 42,873 36,962
Acquisition transaction expenses   326 1,075 1,911
Selling, general and administrative 22,307 18,319 62,368 53,483
Total operating expenses 37,585 31,363 106,316 92,356
Operating income 24,000 14,554 73,051 32,764
Interest expense (857) (1,062) (2,758) (2,916)
Debt retirement expense (730)   (730)  
Revaluation of derivatives 294 217 (293) 1,201
Foreign currency gain(loss) 938 (1,612) (905) (1,514)
Gain realized from step acquisition of subsidiary     785  
Income from equity investment   77   319
Other income 495 191 796 691
Earnings before income tax 24,140 12,365 69,946 30,545
Income tax expense 6,852 3,600 19,656 6,343
Net income 17,288 8,765 50,290 24,202
Income attributable to non-controlling interest   (63)   (1,340)
Net income attributable to Gentherm Incorporated 17,288 8,702 50,290 22,862
Convertible preferred stock dividends   (159)   (1,622)
Net income attributable to common shareholders $ 17,288 $ 8,543 $ 50,290 $ 21,240
Basic earnings per share $ 0.49 $ 0.25 $ 1.42 $ 0.64
Diluted earnings per share $ 0.48 $ 0.24 $ 1.40 $ 0.63
Weighted average number of shares – basic 35,522,407 34,447,098 35,317,359 33,261,115
Weighted average number of shares – diluted 36,271,280 34,886,462 35,942,811 33,584,226