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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
NET SALES $ 1,171,864,171 $ 1,099,559,521 $ 1,023,762,049
COST OF GOODS SOLD 741,131,269 726,740,962 662,181,714
Gross profit 430,732,902 372,818,559 361,580,335
OPERATING EXPENSES:      
Engineering, research and development 76,495,051 85,003,602 81,634,158
Selling, general and administrative 49,496,038 48,359,725 48,578,252
Litigation Settlement 0 5,000,000 0
Total operating expenses 125,991,089 138,363,327 130,212,410
Income from operations 304,741,813 234,455,232 231,367,925
OTHER INCOME:      
Investment income 6,724,717 5,307,180 4,165,809
Other, net 16,597,513 9,863,188 8,898,077
Total other income 23,322,230 15,170,368 13,063,886
Income before provision for income taxes 328,064,043 249,625,600 244,431,811
PROVISION FOR INCOME TAXES 105,134,094 81,038,760 79,763,583
NET INCOME $ 222,929,949 $ 168,586,840 $ 164,668,228
EARNINGS PER SHARE:      
Basic (in dollars per share) $ 1.55 $ 1.18 $ 1.16
Diluted (in dollars per share) $ 1.55 $ 1.17 $ 1.14
Cash Dividends Declared per Share (in dollars per share) $ 0.56 $ 0.52 $ 0.48