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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
NET SALES $ 399,598,744 $ 474,638,584 $ 1,311,328,609 $ 1,158,325,866
COST OF GOODS SOLD 258,698,723 286,401,872 835,531,679 769,556,865
Gross profit 140,900,021 188,236,712 475,796,930 388,769,001
OPERATING EXPENSES:        
Engineering, research and development 29,750,973 27,812,730 86,462,112 86,421,121
Selling, general & administrative 22,984,108 21,571,093 67,511,555 65,206,080
Total operating expenses 52,735,081 49,383,823 153,973,667 151,627,201
Income from operations 88,164,940 138,852,889 321,823,263 237,141,800
OTHER INCOME        
Investment income 856,351 1,825,257 2,782,900 5,733,939
Other income, net 872,943 2,218,852 2,370,527 3,423,881
Total other income 1,729,294 4,044,109 5,153,427 9,157,820
INCOME BEFORE PROVISION FOR INCOME TAXES 89,894,234 142,896,998 326,976,690 246,299,620
PROVISION FOR INCOME TAXES 13,233,686 25,804,396 50,358,854 42,075,250
NET INCOME $ 76,660,548 $ 117,092,602 $ 276,617,836 $ 204,224,370
EARNINGS PER SHARE:        
Basic (in dollars per share) [1] $ 0.32 $ 0.48 $ 1.15 $ 0.83
Diluted (in dollars per share) [1] 0.32 0.48 1.15 0.82
Cash Dividends Declared per Share (in dollars per share) $ 0.120 $ 0.12 $ 0.360 $ 0.36
[1] (1) Earnings Per Share has been adjusted to exclude the portion of net income allocated to participating securities as a result of share-based payment awards.