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Condensed Consolidated Statements of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
NET SALES $ 288,621,626 $ 268,248,089 $ 845,094,493 $ 839,210,399
COST OF GOODS SOLD 182,659,141 178,132,021 543,055,886 555,510,532
Gross profit 105,962,485 90,116,068 302,038,607 283,699,867
OPERATING EXPENSES:        
Engineering, research and development 19,106,682 20,434,012 56,654,440 66,441,649
Selling, general & administrative 13,199,557 12,058,701 36,278,011 36,621,668
Total operating expenses 32,306,239 32,492,713 92,932,451 103,063,317
Income from operations 73,656,246 57,623,355 209,106,156 180,636,550
OTHER INCOME        
Investment income 474,084 586,517 1,595,214 1,816,240
Other, net 6,912,924 3,476,189 13,224,735 8,700,309
Total other income 7,387,008 4,062,706 14,819,949 10,516,549
Income before provision for income taxes 81,043,254 61,686,061 223,926,105 191,153,099
PROVISION FOR INCOME TAXES 25,522,293 19,808,978 70,877,180 62,164,893
NET INCOME $ 55,520,961 $ 41,877,083 $ 153,048,925 $ 128,988,206
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.39 $ 0.29 $ 1.07 $ 0.90
Diluted (in dollars per share) $ 0.38 $ 0.29 $ 1.06 $ 0.89
Cash Dividends Declared per Share (in dollars per share) $ 0.14 $ 0.13 $ 0.42 $ 0.39