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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Automotive and Other Segment Reporting |
| 2023 |  | 2022 |  | 2021
Revenue: |  |  |  |  |
Automotive Products |  |  |  |  |
United States | $ | 688,164,335 |  | $ | 579,531,611 |  | $ | 542,690,346
Germany | 294,529,611 |  | 266,498,398 |  | 234,994,551
Japan | 323,872,022 |  | 234,888,653 |  | 211,417,475
Mexico | 142,082,011 |  | 121,553,711 |  | 111,761,245
Republic of Korea | 149,554,788 |  |  | 95,395,479 |  |  | 67,219,836 |
Other Countries | 656,457,524 |  |  | 576,874,606 |  |  | 529,104,581 |
Other | 44,554,753 |  | 44,215,585 |  | 33,981,895
Total | $ | 2,299,215,044 |  | $ | 1,918,958,043 |  | $ | 1,731,169,929
Income (Loss) from Operations: |  |  |  |  |
Automotive Products | $ | 495,650,700 |  | $ | 372,490,748 |  | $ | 414,185,075
Other | 80,353 |  | (2,484,622) |  | (4,403,097)
Total | $ | 495,731,053 |  | $ | 370,006,126 |  | $ | 409,781,978
Assets: |  |  |  |  |
Automotive Products | $ | 1,782,342,705 |  | $ | 1,670,634,277 |  | $ | 1,495,298,453
Other | 85,610,250 |  | 43,025,905 |  | 34,760,744
Corporate | 743,484,597 |  | 613,569,742 |  | 601,331,969
Total | $ | 2,611,437,552 |  | $ | 2,327,229,924 |  | $ | 2,131,391,166
Depreciation & Amortization: |  |  |  |  |
Automotive Products | $ | 87,123,055 |  | $ | 90,030,087 |  | $ | 92,516,347
Other | 1,231,061 |  | 1,056,510 |  | 913,451
Corporate | 4,967,076 |  | 5,481,846 |  | 5,682,221
Total | $ | 93,321,192 |  | $ | 96,568,443 |  | $ | 99,112,019
Capital Expenditures: |  |  |  |  |
Automotive Products | $ | 163,070,404 |  | $ | 141,166,506 |  | $ | 58,415,887
Other | 3,827,880 |  | 2,356,910 |  | 1,467,962
Corporate | 16,780,176 |  | 2,909,707 |  | 8,951,198
Total | $ | 183,678,460 |  | $ | 146,433,123 |  | $ | 68,835,047
Schedule of Major Product Line Revenues | Other includes Dimmable Aircraft Windows, Fire Protection Products, Nanofiber, and Medical. Major product line revenues included within the Automotive Products segment are as follows:
| 2023 |  | 2022 |  | 2021
Automotive Products |  |  |  |  |
Automotive Mirrors | $ | 2,128,473,563 |  |  | $ | 1,742,196,401 |  |  | $ | 1,563,424,443 |
HomeLink® Modules* | 126,186,728 |  |  | 132,546,057 |  |  | 133,763,591 |
Total Automotive Products | $ | 2,254,660,291 |  |  | $ | 1,874,742,458 |  |  | $ | 1,697,188,034 |
Other Products Revenue | $ | 44,554,753 |  |  | $ | 44,215,585 |  |  | $ | 33,981,895 |
Total Revenue | $ | 2,299,215,044 |  |  | $ | 1,918,958,043 |  |  | $ | 1,731,169,929 |
*Excludes HomeLink® revenue integrated into automotive mirrors.
Schedule of Automotive Customers Individually Accounted for 10% or More of Net Sales | In 2023, the Company had three automotive customers (including direct sales to original equipment manufacturer ("OEM") customers and sales through their Tier 1 suppliers), which individually accounted for 10% or more of net sales as follows:
| Toyota Motor Company |  | Volkswagen Group |  | General Motors
2023 | 18% |  | 14% |  | 10%
2022 | 16% |  | 13% |  | 10%
2021 | 15% |  | 13% |  | 11%

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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