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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 80,279,994 $ 77,183,441
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,839,030 21,279,105
Gain on disposal of assets (10,900) (44,414)
Loss on disposal of assets 577,916 221,953
Gain on sale of investments (1,498,949) (2,912,864)
Loss on sale of investments 1,961,673 300,593
Deferred income taxes (2,403,818) (15,354)
Stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock 4,974,453 5,813,951
Excess tax benefits from stock-based compensation (427,364) (1,073,744)
Change in operating assets and liabilities:    
Accounts receivable, net (28,020,070) (33,773,355)
Inventories (13,929,365) (3,806,065)
Prepaid expenses and other 23,521,639 15,219,554
Accounts payable 13,065,406 1,827,677
Accrued liabilities, excluding dividends declared 50,511,519 27,731,368
Net cash provided by operating activities 151,441,164 107,951,846
Activity in available-for-sale securities:    
Sales proceeds 43,417,073 7,540,449
Purchases (25,154,245) (6,360,397)
Plant and equipment additions (20,329,035) (15,160,355)
Proceeds from sale of plant and equipment 516,667 4
Decrease (Increase) in other assets 135,904 (1,150,642)
Net cash provided by (used for) investing activities (1,413,636) (15,130,941)
CASH FLOWS (USED FOR) FINANCING ACTIVITIES:    
Repayment of long-term debt (16,875,000) (1,875,000)
Issuance of common stock from stock plan transactions 10,678,450 9,131,177
Cash dividends paid (24,759,481) (23,619,837)
Repurchases of common stock (44,585,668) (25,049,145)
Excess tax benefits from stock-based compensation 427,364 1,073,744
Net cash (used for) financing activities (75,114,335) (40,339,061)
NET INCREASE IN CASH AND CASH EQUIVALENTS 74,913,193 52,481,844
CASH AND CASH EQUIVALENTS, beginning of period 551,557,527 [1] 497,429,804
CASH AND CASH EQUIVALENTS, end of period $ 626,470,720 $ 549,911,648
[1] Note: The condensed consolidated balance sheet at December 31, 2015 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.