XML 19 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
NET SALES $ 1,543,617,706 $ 1,375,501,159 $ 1,171,864,171
COST OF GOODS SOLD 939,841,654 836,611,464 741,131,269
Gross profit 603,776,052 538,889,695 430,732,902
OPERATING EXPENSES:      
Engineering, research and development 88,392,919 84,175,738 76,495,051
Selling, general and administrative 56,616,694 55,879,783 49,496,038
Total operating expenses 145,009,613 140,055,521 125,991,089
Income from operations 458,766,439 398,834,174 304,741,813
OTHER INCOME:      
Investment income 4,990,811 6,016,727 6,724,717
Other, net (165,794) 10,475,589 16,597,513
Total other income 4,825,017 16,492,316 23,322,230
Income before provision for income taxes 463,591,456 415,326,490 328,064,043
PROVISION FOR INCOME TAXES 145,121,597 126,721,911 105,134,094
NET INCOME $ 318,469,859 $ 288,604,579 $ 222,929,949
EARNINGS PER SHARE:      
Basic (in dollars per share) $ 1.09 $ 0.99 $ 0.78
Diluted (in dollars per share) 1.08 0.98 0.77
Cash Dividends Declared per Share (in dollars per share) $ 0.335 $ 0.31 $ 0.28