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Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
NET SALES $ 454,981,440 $ 443,139,073 $ 920,401,545 $ 896,674,323
COST OF GOODS SOLD 282,176,968 275,931,278 574,968,672 553,665,743
Gross profit 172,804,472 167,207,795 345,432,873 343,008,580
OPERATING EXPENSES:        
Engineering, research and development 27,200,465 25,243,410 53,249,723 50,395,667
Selling, general & administrative 18,921,003 16,099,871 36,984,813 32,321,279
Total operating expenses 46,121,468 41,343,281 90,234,536 82,716,946
Income from operations 126,683,004 125,864,514 255,198,337 260,291,634
OTHER INCOME (LOSS)        
Investment income 2,844,133 1,736,138 4,881,738 3,208,665
Other income (loss), net (554,359) 343,111 652,634 (691,632)
Total Other Income 2,289,774 2,079,249 5,534,372 2,517,033
Income before provision for income taxes 128,972,778 127,943,763 260,732,709 262,808,667
PROVISION FOR INCOME TAXES 19,948,796 39,407,816 40,459,984 76,715,979
NET INCOME $ 109,023,982 $ 88,535,947 $ 220,272,725 $ 186,092,688
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.40 $ 0.31 $ 0.81 $ 0.65
Diluted (in dollars per share) 0.40 0.31 0.80 0.64
Cash Dividends Declared per Share (in dollars per share) $ 0.11 $ 0.10 $ 0.22 $ 0.19