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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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement        
Sales, net $ 10,032 $ 10,489 $ 30,408 $ 31,719
Cost of goods sold 4,083 4,012 12,130 12,433
Gross profit 5,949 6,477 18,279 19,286
Operating expense:        
Selling, general and administrative 2,159 2,376 6,641 7,226
Research and development 126 140 368 433
Total operating expense 2,285 2,517 7,009 7,660
Operating income 3,665 3,960 11,269 11,627
Other income (expense) (88) (111) (279) (411)
Income before provision for income taxes 3,577 3,849 10,991 11,215
Provision for income taxes 1,006 1,128 3,052 3,305
Net income 2,571 2,721 7,938 7,910
Earnings per common share (basic) $ 0.69 $ 0.74 $ 2.13 $ 2.15
Earnings per common share (diluted) $ 0.68 $ 0.73 $ 2.11 $ 2.13
Shares outstanding (basic) 3,735 3,689 3,724 3,672
Shares outstanding (diluted) 3,781 3,726 3,771 3,706
Other comprehensive income:        
Foreign currency translation net of taxes of $0 in all periods 2,573 1,099 76 1,343
Unrealized gain on investments net of taxes of $0, $4, $4 and $6 0 6 6 10
Total comprehensive income $ 5,145 $ 3,825 $ 8,020 $ 9,263