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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
NET SALES $ 389,829,139 $ 350,913,912 $ 1,138,025,071 $ 1,025,090,220
COST OF GOODS SOLD 237,932,439 212,288,220 697,492,531 620,873,493
Gross profit 151,896,700 138,625,692 440,532,540 404,216,727
OPERATING EXPENSES:        
Engineering, research and development 21,505,461 21,671,940 65,408,256 62,395,241
Selling, general & administrative 14,128,619 13,747,925 43,020,328 41,602,675
Total operating expenses 35,634,080 35,419,865 108,428,584 103,997,916
Income from operations 116,262,620 103,205,827 332,103,956 300,218,811
OTHER INCOME        
Investment income 495,468 406,491 1,861,545 1,129,654
Other Income, net (710,346) 380,289 950,304 9,958,235
Total other income (214,878) 786,780 2,811,849 11,087,889
Income before provision for income taxes 116,047,742 103,992,607 334,915,805 311,306,700
PROVISION FOR INCOME TAXES 37,715,317 31,655,724 104,841,502 93,677,000
NET INCOME $ 78,332,425 $ 72,336,883 $ 230,074,303 $ 217,629,700
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.27 $ 0.25 $ 0.78 $ 0.75
Diluted (in dollars per share) 0.27 0.25 0.77 0.74
Cash Dividends Declared per Share (in dollars per share) $ 0.085 $ 0.08 $ 0.25 $ 0.23