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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Dec. 31, 2023
[1]
CURRENT ASSETS    
Cash and cash equivalents $ 179,639,743 $ 226,435,019
Short-term investments 20,462,581 14,356,476
Accounts receivable, net 356,338,008 321,809,868
Inventories, net 449,311,020 402,473,028
Prepaid expenses and other 39,932,866 32,663,762
Total current assets 1,045,684,218 997,738,153
PLANT AND EQUIPMENT—NET 703,583,489 652,877,672
OTHER ASSETS    
Goodwill 340,105,631 340,105,631
Long-term investments 325,561,578 299,080,876
Intangible assets, net 201,604,035 214,005,910
Deferred tax asset 50,192,359 41,113,759
Patents and other assets, net 68,565,533 66,515,551
Total other assets 986,029,136 960,821,727
Total assets 2,735,296,843 2,611,437,552
CURRENT LIABILITIES    
Accounts payable 182,606,296 184,398,820
Accrued liabilities 100,558,357 87,210,156
Total current liabilities 283,164,653 271,608,976
OTHER NON-CURRENT LIABILITIES 34,504,848 27,311,507
Total liabilities 317,669,501 298,920,483
SHAREHOLDERS’ INVESTMENT    
Common stock 13,646,597 13,887,326
Additional paid-in capital 1,000,948,512 968,245,875
Retained earnings 1,405,918,157 1,336,940,990
Accumulated other comprehensive loss (2,885,924) (6,557,122)
Total shareholders’ investment 2,417,627,342 2,312,517,069
Total liabilities and shareholders’ investment $ 2,735,296,843 $ 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.