XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
[1]
CURRENT ASSETS    
Cash and cash equivalents $ 260,241,951 $ 226,435,019
Short-term investments 15,534,338 14,356,476
Accounts receivable, net 306,565,681 321,809,868
Inventories, net 463,492,305 402,473,028
Prepaid expenses and other 38,049,578 32,663,762
Total current assets 1,083,883,853 997,738,153
PLANT AND EQUIPMENT—NET 679,486,957 652,877,672
OTHER ASSETS    
Goodwill 340,105,631 340,105,631
Long-term investments 308,051,778 299,080,876
Intangible assets, net 205,790,910 214,005,910
Deferred tax asset 52,335,039 41,113,759
Patents and other assets, net 68,630,894 66,515,551
Total other assets 974,914,252 960,821,727
Total assets 2,738,285,062 2,611,437,552
CURRENT LIABILITIES    
Accounts payable 206,001,837 184,398,820
Accrued liabilities 98,726,663 87,210,156
Total current liabilities 304,728,500 271,608,976
OTHER NON-CURRENT LIABILITIES 33,257,035 27,311,507
Total liabilities 337,985,535 298,920,483
SHAREHOLDERS’ INVESTMENT    
Common stock 13,813,772 13,887,326
Additional paid-in capital 1,000,014,813 968,245,875
Retained earnings 1,394,446,595 1,336,940,990
Accumulated other comprehensive loss (7,975,653) (6,557,122)
Total shareholders’ investment 2,400,299,527 2,312,517,069
Total liabilities and shareholders’ investment $ 2,738,285,062 $ 2,611,437,552
[1] The condensed consolidated balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.