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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net income $ 360,797,232 $ 347,563,621 $ 424,683,939
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 99,112,019 104,739,900 104,702,974
Gain on disposal of assets (488,750) (311,510) (155,150)
Loss on disposal of assets 230,933 162,553 588,941
Gain on sale of investments (1,379,538) (3,163,164) (660,643)
Loss on sale of investments 307,490 1,064,508 176,360
Deferred income taxes (41,694,751) (15,419,722) (3,358,537)
Stock based compensation expense related to employee stock options, employee stock purchases and restricted stock 27,421,645 30,797,327 21,671,192
Change in operating assets and liabilities:      
Accounts receivable 35,135,429 (49,290,457) (21,872,527)
Inventories (89,975,599) 22,725,798 (23,660,256)
Prepaid expenses and other (20,241,994) 10,493,993 (3,646,457)
Accounts payable 7,266,309 (12,854,038) 4,743,601
Accrued liabilities (14,322,863) 27,982,962 2,753,427
Net cash flows from operating activities 362,167,562 464,491,771 505,966,864
Activity in available-for-sale securities:      
Sales proceeds 56,237,427 24,455,695 57,139,135
Maturities and calls 27,690,000 142,547,368 125,013,589
Purchases (113,204,199) (73,719,189) (153,257,603)
Plant and equipment additions (68,835,047) (51,706,541) (84,580,255)
Proceeds from sale of plant and equipment 2,577,855 383,429 2,001,315
Acquisition of businesses, net of cash acquired (12,071,546) (11,216,927) 0
Increase in other assets (5,501,445) (4,327,398) (3,027,263)
Net cash (used for) from investing activities (113,106,955) 26,416,437 (56,711,082)
CASH FLOWS USED FOR FINANCING ACTIVITIES:      
Proceeds from borrowings on Credit Agreement 0 75,000,000 0
Repayment of borrowings on Credit Agreement 0 (75,000,000) 0
Issuance of common stock from stock plan transactions 29,808,787 41,803,640 77,821,151
Cash dividends paid (115,285,625) (117,181,928) (116,309,197)
Repurchases of common stock (324,643,135) (288,480,506) (331,471,392)
Net cash used for financing activities (410,119,973) (363,858,794) (369,959,438)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (161,059,366) 127,049,414 79,296,344
CASH AND CASH EQUIVALENTS, Beginning of year 423,371,036 296,321,622 217,025,278
CASH AND CASH EQUIVALENTS, End of year $ 262,311,670 $ 423,371,036 $ 296,321,622