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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
NET SALES $ 468,588,997 $ 465,420,105
COST OF GOODS SOLD 298,944,494 292,791,704
Gross profit 169,644,503 172,628,401
OPERATING EXPENSES:    
Engineering, research and development 28,089,181 26,049,258
Selling, general & administrative 19,958,991 18,063,810
Total operating expenses 48,048,172 44,113,068
Income from operations 121,596,331 128,515,333
OTHER INCOME (LOSS)    
Investment income 3,262,741 2,037,605
Other income (loss), net 49,469 1,206,993
Total Other Income 3,312,210 3,244,598
INCOME BEFORE PROVISION FOR INCOME TAXES 124,908,541 131,759,931
PROVISION FOR INCOME TAXES 20,628,130 20,511,188
NET INCOME $ 104,280,411 $ 111,248,743
EARNINGS PER SHARE:    
Basic (in dollars per share) $ 0.40 $ 0.40
Diluted (in dollars per share) 0.40 0.40
Cash Dividends Declared per Share (in dollars per share) $ 0.115 $ 0.110