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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF CASH FLOW (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Statement of Cash Flows      
Net income $ 11,406 $ 10,169 $ 7,414
Depreciation 611 653 707
Amortization 2,584 2,613 2,066
(Gain) loss on investments 0 177 (6)
Provision for (recovery of) losses on accounts receivable 10 5 77
Loss on disposal of assets 6 0 0
Deferred income taxes (1,399) (600) (549)
Stock-based compensation expense 28 70 95
(Increase) decrease in accounts receivable 214 675 502
(Increase) decrease in accrued interest and other receivables (241) (204) (31)
(Increase) decrease in inventories (249) 841 (624)
(Increase) decrease in prepaid expenses and other current assets 7 (125) 529
Increase (decrease) in accounts payable (216) 50 (1,213)
Increase (decrease) in accrued expenses (27) (570) 2,158
Increase (decrease) in deferred revenue (83) (100) (66)
Increase (decrease) in other liability (339) (91) 307
Net cash provided by operating activities 12,309 13,563 11,365
Capital expenditures for property and equipment (339) (254) (247)
Capital expenditures for intangible assets (5) (1) (10)
Purchases of investments 0 0 (500)
Proceeds from the sale of investments 0 47 15,155
Net cash paid in acquisition 0 0 (41,084)
Net cash provided by (used in) investing activities (344) (208) (26,685)
Proceeds from issuance of common stock - options 787 1,803 485
Common stock purchased and retired 0 (504) 0
Payment of taxes for exchange of stock options (85) 0 0
Tax benefit attributable to exercise of stock options 281 178 34
Proceeds from notes payable 0 0 26,934
Repayments of notes payable (3,908) (9,093) (5,942)
Dividends paid (3,675) (3,555) (3,433)
Net cash provided by (used in) financing activities (6,600) (11,171) 18,078
Effect of exchange rate changes on cash 160 153 (41)
NET INCREASE IN CASH AND CASH EQUIVALENTS 5,524 2,336 2,717
CASH AT BEGINNING OF YEAR 8,871 6,534 3,818
CASH AT END OF YEAR 14,395 8,871 6,534
Cash paid during the year for income taxes 3,971 4,423 2,685
Cash paid during the year for interest $ 439 $ 658 $ 860