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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
NET SALES $ 468,250,776 $ 483,724,839
COST OF GOODS SOLD 307,838,816 300,424,671
Gross profit 160,411,960 183,300,168
OPERATING EXPENSES:    
Engineering, research and development 31,974,987 27,652,081
Selling, general & administrative 25,131,068 21,914,386
Total operating expenses 57,106,055 49,566,467
Income from operations 103,305,905 133,733,701
OTHER (LOSS) INCOME    
Investment income 788,316 1,023,410
Other (loss) income, net (798,810) 509,625
Total other (loss) income (10,494) 1,533,035
INCOME BEFORE PROVISION FOR INCOME TAXES 103,295,411 135,266,736
PROVISION FOR INCOME TAXES 15,766,785 21,815,866
NET INCOME $ 87,528,626 $ 113,450,870
EARNINGS PER SHARE:    
Basic (in dollars per share) [1] $ 0.37 $ 0.47
Diluted (in dollars per share) [1] 0.37 0.46
Cash Dividends Declared per Share (in dollars per share) $ 0.120 $ 0.12
[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.