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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 428,403,272 $ 318,757,352 $ 360,797,232
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 93,321,192 96,568,443 99,112,019
Gain on disposal of assets (355,544) (70,736) (488,750)
Loss on disposal of assets 443,373 28,424 230,933
Gain on sale of investments and equity method investment income (5,492,269) (392,040) (1,379,538)
Loss on sale of investments and equity method investment losses 11,476,947 2,104,907 307,490
Deferred income taxes (17,735,110) (17,777,777) (41,694,751)
Stock based compensation expense related to employee stock options, employee stock purchases and restricted stock 39,197,422 30,228,606 27,421,645
Change in operating assets and liabilities:      
Accounts receivable (45,251,116) (26,698,846) 35,135,429
Inventories 2,127,242 (88,092,828) (89,975,599)
Prepaid expenses and other (4,101,866) (28,788,331) (20,241,994)
Accounts payable 40,951,490 37,423,488 7,266,309
Accrued liabilities (5,735,441) 14,909,867 (14,322,863)
Net cash flows from operating activities 537,249,592 338,200,529 362,167,562
Activity in available-for-sale securities:      
Sales proceeds 58,847,341 37,429,595 56,237,427
Maturities and calls 17,445,000 3,500,000 27,690,000
Purchases (97,849,498) (18,194,193) (100,301,699)
Purchase of technology investments (71,083,511) (45,743,460) (12,902,500)
Plant and equipment additions (183,678,460) (146,433,123) (68,835,047)
Proceeds from sale of plant and equipment 292,723 313,917 2,577,855
Acquisition of businesses, net of cash acquired (18,936,539) 0 (12,071,546)
Increase in other assets (4,453,376) (3,611,244) (5,501,445)
Net cash used for investing activities (299,416,320) (172,738,508) (113,106,955)
CASH FLOWS USED FOR FINANCING ACTIVITIES:      
Issuance of common stock from stock plan transactions 29,398,272 16,602,274 29,808,787
Cash dividends paid (112,150,060) (113,091,921) (115,285,625)
Repurchases of common stock (147,401,103) (112,529,406) (324,643,135)
Net cash used for financing activities (230,152,891) (209,019,053) (410,119,973)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 7,680,381 (43,557,032) (161,059,366)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, Beginning of year 218,754,638 262,311,670 423,371,036
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, End of year 226,435,019 218,754,638 262,311,670
Non-cash investing and financing activities:      
Change in Property and equipment in accounts payable and accrued expenses and other current liabilities $ 6,927,750 $ 14,608,665 $ 6,292,196