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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
NET SALES $ 438,627,786 $ 429,643,276 $ 1,335,302,109 $ 1,259,011,840
COST OF GOODS SOLD 267,398,126 255,821,376 821,063,869 759,726,593
Gross profit 171,229,660 173,821,900 514,238,240 499,285,247
OPERATING EXPENSES:        
Engineering, research and development 24,770,279 23,585,115 75,165,946 69,748,112
Selling, general & administrative 17,386,729 16,024,504 49,708,008 45,730,143
Total operating expenses 42,157,008 39,609,619 124,873,954 115,478,255
Income from operations 129,072,652 134,212,281 389,364,286 383,806,992
OTHER INCOME (LOSS)        
Investment income 2,139,387 916,556 5,348,052 2,480,699
Other Loss, net (379,996) (800,855) (1,071,628) (4,781,387)
Total Other Income (Loss) 1,759,391 115,701 4,276,424 (2,300,688)
Income before provision for income taxes 130,832,043 134,327,982 393,640,710 381,506,304
PROVISION FOR INCOME TAXES 40,601,708 42,263,336 117,317,687 122,676,422
NET INCOME $ 90,230,335 $ 92,064,646 $ 276,323,023 $ 258,829,882
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.32 $ 0.32 $ 0.97 $ 0.90
Diluted (in dollars per share) 0.31 0.32 0.96 0.89
Cash Dividends Declared per Share (in dollars per share) $ 0.10 $ 0.09 $ 0.29 $ 0.265