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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Sales, net $ 11,206 $ 6,793
Cost of goods sold 4,467 3,083
Gross profit 6,738 3,710
Selling, general and administrative 2,478 1,451
Research and development 146 101
Total operating expense 2,623 1,552
Operating income 4,115 2,158
Other income (expense) (178) (15)
Income before provision for income taxes 3,937 2,142
Provision for income taxes 1,148 806
Net income $ 2,789 $ 1,336
Earnings per common shares (basic) $ 0.76 $ 0.37
Earnings per common share (diluted) $ 0.76 $ 0.37
Shares outstanding (basic) 3,649 3,620
Shares outstanding (diluted) 3,675 3,632