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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, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement      
Sales, net $ 40,493 $ 41,552 $ 37,860
Cost of goods sold 16,221 16,245 15,460
Gross profit 24,273 25,307 22,400
Sales and marketing 2,790 2,711 2,815
Research and development 491 563 518
General and administrative 6,164 6,836 7,225
Operating income 14,828 15,196 11,842
Dividend and interest income 7 11 16
Gains and (losses) on investments 0 (1) 1
Royalty income 90 89 71
Interest expense (438) (652) (859)
Other, net (11) (106) 10
Income before provision for income taxes 14,476 14,537 11,080
Provision for income taxes 3,070 4,368 3,666
Net income 11,406 10,169 7,414
Earnings per common shares (basic) $ 3.06 $ 2.77 $ 2.04
Earnings per common share (diluted) $ 3.02 $ 2.74 $ 2.03
Foreign currency translation net of taxes of $0, $0 and $0 859 1,862 (1,628)
Unrealized gain (loss) on investments net of taxes of $6, $123, and $(2) 8 193 (3)
Total comprehensive income $ 12,273 $ 12,224 $ 5,783