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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net income $ 424,683,939 $ 437,883,097 $ 406,791,922
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 104,702,974 102,186,814 99,570,908
Gain on disposal of assets (155,150) (577,200) (188,150)
Loss on disposal of assets 588,941 108,927 299,174
Gain on sale of investments (660,643) (2,538,729) (1,309,166)
Loss on sale of investments 176,360 532,494 375,388
Deferred income taxes (3,358,537) (4,414,739) (14,996,179)
Stock based compensation expense related to employee stock options, employee stock purchases and restricted stock 21,671,192 18,305,981 18,376,965
Change in operating assets and liabilities:      
Accounts receivable (21,872,527) 17,583,989 (19,530,043)
Inventories (23,660,256) (8,516,016) (27,454,146)
Prepaid expenses and other (3,646,457) (11,268,677) 16,183,673
Accounts payable 4,743,601 2,911,849 9,934,837
Accrued liabilities 2,753,427 220,856 12,947,597
Net cash flows from operating activities 505,966,864 552,418,646 501,002,780
Activity in available-for-sale securities:      
Sales proceeds 57,139,135 55,248,551 30,207,523
Maturities and calls 125,013,589 181,892,136 23,100,000
Purchases (153,257,603) (332,106,362) (29,874,960)
Plant and equipment additions (84,580,255) (85,990,570) (104,040,919)
Proceeds from sale of plant and equipment 2,001,315 738,093 249,757
(Increase) Decrease in other assets (3,027,263) (5,603,042) 2,646,029
Net cash used for investing activities (56,711,082) (185,821,194) (77,712,570)
CASH FLOWS USED FOR FINANCING ACTIVITIES:      
Repayment of long-term debt 0 (78,000,000) (107,625,000)
Issuance of common stock from stock plan transactions 77,821,151 66,837,820 47,770,467
Cash dividends paid (116,309,197) (116,566,639) (108,815,040)
Repurchases of common stock (331,471,392) (591,577,851) (231,363,216)
Net cash used for financing activities (369,959,438) (719,306,670) (400,032,789)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 79,296,344 (352,709,218) 23,257,421
CASH AND CASH EQUIVALENTS, Beginning of year 217,025,278 569,734,496 546,477,075
CASH AND CASH EQUIVALENTS, End of year $ 296,321,622 $ 217,025,278 $ 569,734,496