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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
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Sales, net $ 37,860 $ 25,121 $ 25,916
Cost of goods sold 15,460 11,911 12,127
Gross profit 22,400 13,209 13,789
Sales and marketing (2,815) (1,537) (1,584)
Research and development (518) (397) (361)
General and administrative (7,225) (2,354) (2,412)
Operating income 11,842 8,922 9,432
Dividend and interest income 16 48 206
Capital gains and (losses) on investments 1 (9) 6
Royalty income 71 0 0
Interest expense (859) (25) (51)
Other, net 10 104 (14)
Income before provision for income taxes 11,080 9,041 9,580
Provision for income taxes 3,666 3,026 3,322
Net income 7,414 6,014 6,258
Earnings per common shares (basic) $ 2.04 $ 1.66 $ 1.73
Earnings per common share (diluted) $ 2.03 $ 1.65 $ 1.72
Foreign currency translation net of taxes of $(635), $(127) and $44 (993) (199) 68
Unrealized gain (loss) on investments net of taxes of $(2), $29 and $10 (3) 45 15
Total comprehensive income $ 6,418 $ 5,860 $ 6,341