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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 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Sales, net $ 10,025 $ 10,377 $ 21,230 $ 17,170
Cost of goods sold 3,954 4,117 8,421 7,200
Gross profit 6,071 6,260 12,809 9,969
Selling, general and administrative 2,372 2,879 4,850 4,330
Research and development 147 148 293 248
Total operating expense 2,519 3,027 5,143 4,579
Operating income 3,552 3,233 7,667 5,390
Other income (expense) (122) (281) (300) (296)
Income before provision for income taxes 3,430 2,952 7,367 5,094
Provision for income taxes 1,029 970 2,177 1,776
Net income $ 2,401 $ 1,982 $ 5,190 $ 3,319
Earnings per common shares (basic) $ 0.65 $ 0.55 $ 1.42 $ 0.92
Earnings per common share (diluted) $ 0.65 $ 0.54 $ 1.41 $ 0.91
Shares outstanding (basic) 3,678 3,626 3,663 3,623
Shares outstanding (diluted) 3,711 3,645 3,694 3,638