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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
NET SALES $ 443,139,073 $ 423,800,778 $ 896,674,323 $ 829,368,564
COST OF GOODS SOLD 275,931,278 257,028,219 553,665,743 503,905,217
Gross profit 167,207,795 166,772,559 343,008,580 325,463,347
OPERATING EXPENSES:        
Engineering, research and development 25,243,410 23,071,788 50,395,667 46,162,997
Selling, general & administrative 16,099,871 14,955,050 32,321,279 29,705,639
Total operating expenses 41,343,281 38,026,838 82,716,946 75,868,636
Income from operations 125,864,514 128,745,721 260,291,634 249,594,711
OTHER INCOME (LOSS)        
Investment income 1,736,138 774,102 3,208,665 1,564,143
Other Loss, net 343,111 (1,911,113) (691,632) (3,980,532)
Total Other Income (Loss) 2,079,249 (1,137,011) 2,517,033 (2,416,389)
Income before provision for income taxes 127,943,763 127,608,710 262,808,667 247,178,322
PROVISION FOR INCOME TAXES 39,407,816 41,123,468 76,715,979 80,413,086
NET INCOME $ 88,535,947 $ 86,485,242 $ 186,092,688 $ 166,765,236
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.31 $ 0.30 $ 0.65 $ 0.58
Diluted (in dollars per share) 0.31 0.30 0.64 0.57
Cash Dividends Declared per Share (in dollars per share) $ 0.10 $ 0.09 $ 0.19 $ 0.175