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Unaudited Condensed Consolidated Statements of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
NET SALES $ 350,913,912 $ 288,621,626 $ 1,025,090,220 $ 845,094,493
COST OF GOODS SOLD 212,288,220 182,659,141 620,873,493 543,055,886
Gross profit 138,625,692 105,962,485 404,216,727 302,038,607
OPERATING EXPENSES:        
Engineering, research and development 21,671,940 19,106,682 62,395,241 56,654,440
Selling, general & administrative 13,747,925 13,199,557 41,602,675 36,278,011
Total operating expenses 35,419,865 32,306,239 103,997,916 92,932,451
Income from operations 103,205,827 73,656,246 300,218,811 209,106,156
OTHER INCOME        
Investment income 406,491 474,084 1,129,654 1,595,214
Other, net 380,289 6,912,924 9,958,235 13,224,735
Total other income 786,780 7,387,008 11,087,889 14,819,949
Income before provision for income taxes 103,992,607 81,043,254 311,306,700 223,926,105
PROVISION FOR INCOME TAXES 31,655,724 25,522,293 93,677,000 70,877,180
NET INCOME $ 72,336,883 $ 55,520,961 $ 217,629,700 $ 153,048,925
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.50 $ 0.39 $ 1.50 $ 1.07
Diluted (in dollars per share) $ 0.49 $ 0.38 $ 1.49 $ 1.06
Cash Dividends Declared per Share (in dollars per share) $ 0.16 $ 0.14 $ 0.46 $ 0.42