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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
NET SALES $ 429,643,276 $ 389,829,139 $ 1,259,011,840 $ 1,138,025,071
COST OF GOODS SOLD 255,821,376 237,932,439 759,726,593 697,492,531
Gross profit 173,821,900 151,896,700 499,285,247 440,532,540
OPERATING EXPENSES:        
Engineering, research and development 23,585,115 21,505,461 69,748,112 65,408,256
Selling, general & administrative 16,024,504 14,128,619 45,730,143 43,020,328
Total operating expenses 39,609,619 35,634,080 115,478,255 108,428,584
Income from operations 134,212,281 116,262,620 383,806,992 332,103,956
OTHER INCOME (LOSS)        
Investment income 916,556 495,468 2,480,699 1,861,545
Other Income (Loss), net (800,855) (710,346) (4,781,387) 950,304
Total Other Income (Loss) 115,701 (214,878) (2,300,688) 2,811,849
Income before provision for income taxes 134,327,982 116,047,742 381,506,304 334,915,805
PROVISION FOR INCOME TAXES 42,263,336 37,715,317 122,676,422 104,841,502
NET INCOME $ 92,064,646 $ 78,332,425 $ 258,829,882 $ 230,074,303
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.32 $ 0.27 $ 0.90 $ 0.78
Diluted (in dollars per share) 0.32 0.27 0.89 0.77
Cash Dividends Declared per Share (in dollars per share) $ 0.09 $ 0.085 $ 0.265 $ 0.25