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Condensed Consolidated Statements of Income (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
NET SALES $ 286,973,898 $ 280,255,548 $ 556,472,867 $ 570,962,310
COST OF GOODS SOLD 184,361,279 187,498,242 360,396,745 377,378,511
Gross profit 102,612,619 92,757,306 196,076,122 193,583,799
OPERATING EXPENSES:        
Engineering, research and development 18,864,182 22,792,503 37,547,758 46,007,637
Selling, general & administrative 12,152,166 12,452,571 23,078,454 24,562,967
Total operating expenses 31,016,348 35,245,074 60,626,212 70,570,604
Income from operations 71,596,271 57,512,232 135,449,910 123,013,195
OTHER INCOME        
Investment income 625,717 633,700 1,121,130 1,229,723
Other, net 4,906,951 2,533,783 6,311,811 5,224,120
Total other income 5,532,668 3,167,483 7,432,941 6,453,843
Income before provision for income taxes 77,128,939 60,679,715 142,882,851 129,467,038
PROVISION FOR INCOME TAXES 25,031,542 19,913,176 45,354,887 42,355,915
NET INCOME $ 52,097,397 $ 40,766,539 $ 97,527,964 $ 87,111,123
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.36 $ 0.28 $ 0.68 $ 0.61
Diluted (in dollars per share) $ 0.36 $ 0.28 $ 0.68 $ 0.60
Cash Dividends Declared per Share (in dollars per share) $ 0.14 $ 0.13 $ 0.28 $ 0.26