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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 551,557,527 $ 497,429,804
Short-term investments 4,547,355 0
Accounts receivable 195,969,400 168,008,704
Inventories 174,695,411 141,757,884
Prepaid expenses and other 57,239,099 49,441,302
Total current assets 984,008,792 856,637,694
PLANT AND EQUIPMENT:    
Land, buildings and improvements 232,665,249 231,160,686
Machinery and equipment 616,335,223 554,425,200
Construction-in-process 84,980,367 56,685,789
Total Plant and Equipment 933,980,839 842,271,675
Less- Accumulated depreciation (521,260,569) (468,880,683)
Net Plant and Equipment 412,720,270 373,390,992
OTHER ASSETS:    
Goodwill 307,365,845 307,365,845
Long-term investments 95,156,539 114,642,567
Intangible Assets, net 327,575,000 346,875,000
Patents and other assets, net 21,846,482 23,627,931
Total other assets 751,943,866 792,511,343
TOTAL ASSETS 2,148,672,928 2,022,540,029
CURRENT LIABILITIES:    
Accounts payable 66,353,774 71,456,983
Accrued liabilities:    
Salaries, wages and vacation 9,324,470 8,984,609
Income Taxes 148,251 768,142
Royalties 10,373,152 12,051,121
Dividends declared 24,759,481 23,619,837
Current portion of long term debt 7,500,000 7,500,000
Other 12,547,418 9,050,471
Total current liabilities 131,006,546 133,431,163
LONG TERM DEBT 225,625,000 258,125,000
DEFERRED INCOME TAXES 69,524,621 59,571,421
TOTAL LIABILITIES 426,156,167 451,127,584
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; 400,000,000 shares authorized; 291,338,011 and 295,247,958 shares issued and outstanding in 2015 and 2014 respectively. 17,480,281 17,714,877
Additional paid-in capital 596,782,695 553,836,483
Retained earnings 1,109,384,621 988,548,070
Accumulated other comprehensive income:    
Unrealized gain on investments 829,907 10,868,322
Unrealized gain (loss) on derivatives (1,915,834) (959,206)
Cumulative translation adjustment (44,909) 1,403,899
Total shareholders’ investment 1,722,516,761 1,571,412,445
TOTAL LIABILITES AND SHAREHOLDERS' INVESTMENT $ 2,148,672,928 $ 2,022,540,029