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Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 309,591,724 $ 389,678,664
Short-term investments 0 60,802,856
Accounts receivable 143,046,590 109,579,693
Inventories 120,074,164 159,930,266
Prepaid expenses and other 28,473,764 24,671,561
Total current assets 601,186,242 744,663,040
PLANT AND EQUIPMENT:    
Land, buildings and improvements 223,191,567 198,156,137
Machinery and equipment 507,768,233 472,844,579
Construction-in-process 41,481,572 45,092,001
Total Plant and Equipment 772,441,372 716,092,717
Less- Accumulated depreciation (415,420,147) (366,154,545)
Net Plant and Equipment 357,021,225 349,938,172
OTHER ASSETS:    
Goodwill 307,365,845 0
Long-term investments 107,005,522 141,834,034
Intangible Assets, net 366,175,000 0
Patents and other assets, net 25,334,600 29,256,089
Total other assets 805,880,967 171,090,123
TOTAL ASSETS 1,764,088,434 1,265,691,335
LIABILITIES AND SHAREHOLDERS’ INVESTMENT    
Accounts payable 56,510,321 43,200,002
Accrued liabilities:    
Salaries, wages and vacation 7,770,868 7,188,092
Income taxes 13,316,102 1,582,570
Royalties 9,374,449 9,889,708
Dividends declared 20,380,923 18,599,926
Current portion of Long Term Debt 7,500,000 0
Other 5,127,751 7,497,144
Total current liabilities 119,980,414 87,957,442
LONG TERM DEBT 265,625,000 0
DEFERRED INCOME TAXES 50,879,337 56,773,337
TOTAL LIABILITIES 436,484,751 144,730,779
SHAREHOLDERS’ INVESTMENT:    
Preferred stock, no par value, 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock, par value $.06 per share; 200,000,000 shares authorized; 145,578,023 and 143,076,357 shares issued and outstanding in 2013 and 2012 respectively. 8,734,681 8,584,581
Additional paid-in capital 478,865,778 418,766,010
Retained earnings 818,027,861 676,039,254
Accumulated other comprehensive income:    
Unrealized gain on investments 19,467,441 15,111,778
Cumulative translation adjustment 2,507,922 2,458,933
Total shareholders’ investment 1,327,603,683 1,120,960,556
TOTAL LIABILITES AND SHAREHOLDERS' INVESTMENT $ 1,764,088,434 $ 1,265,691,335