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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, 2012
Dec. 31, 2011
Dec. 31, 2010
Sales, net $ 41,552 $ 37,860 $ 25,121
Cost of goods sold 16,245 15,460 11,911
Gross profit 25,307 22,400 13,209
Sales and marketing (2,711) (2,815) (1,537)
Research and development (563) (518) (397)
General and administrative (6,836) (7,225) (2,354)
Operating income 15,196 11,842 8,922
Dividend and interest income 11 16 48
Gains and (losses) on investments (1) 1 (9)
Royalty income 89 71 0
Interest expense (652) (859) (25)
Other, net (106) 10 104
Income before provision for income taxes 14,537 11,080 9,041
Provision for income taxes 4,368 3,666 3,026
Net income 10,169 7,414 6,014
Earnings per common shares (basic) $ 2.77 $ 2.04 $ 1.66
Earnings per common share (diluted) $ 2.74 $ 2.03 $ 1.65
Foreign currency translation net of taxes of $0, $0 and $0 1,862 (1,628) (326)
Unrealized gain (loss) on investments net of taxes of $123, $(2) and $29 193 (3) 45
Total comprehensive income $ 12,224 $ 5,783 $ 5,733