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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
NET SALES $ 460,253,433 $ 438,627,786 $ 1,380,654,978 $ 1,335,302,109
COST OF GOODS SOLD 287,263,147 267,398,126 862,231,819 821,063,869
Gross profit 172,990,286 171,229,660 518,423,159 514,238,240
OPERATING EXPENSES:        
Engineering, research and development 26,888,999 24,770,279 80,138,722 75,165,946
Selling, general & administrative 18,673,376 17,386,729 55,658,189 49,708,008
Total operating expenses 45,562,375 42,157,008 135,796,911 124,873,954
Income from operations 127,427,911 129,072,652 382,626,248 389,364,286
OTHER INCOME (LOSS)        
Investment income 3,180,683 2,139,387 8,062,421 5,348,052
Other income (loss), net (73,979) (379,996) 578,655 (1,071,628)
Total Other Income 3,106,704 1,759,391 8,641,076 4,276,424
Income before provision for income taxes 130,534,615 130,832,043 391,267,324 393,640,710
PROVISION FOR INCOME TAXES 19,198,798 40,601,708 59,658,782 117,317,687
NET INCOME $ 111,335,817 $ 90,230,335 $ 331,608,542 $ 276,323,023
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.42 $ 0.32 $ 1.23 $ 0.97
Diluted (in dollars per share) 0.42 0.31 1.22 0.96
Cash Dividends Declared per Share (in dollars per share) $ 0.11 $ 0.10 $ 0.33 $ 0.29