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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 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement        
Sales, net $ 10,491 $ 10,002 $ 20,318 $ 20,376
Cost of goods sold 4,142 3,954 7,920 8,047
Gross profit 6,349 6,048 12,399 12,329
Operating expense:        
Selling, general and administrative 2,172 2,213 4,256 4,482
Research and development 115 120 238 243
Total operating expense 2,287 2,333 4,494 4,725
Operating income 4,062 3,715 7,905 7,605
Other income (expense) (132) (89) (193) (191)
Income before provision for income taxes 3,930 3,627 7,712 7,414
Provision for income taxes 1,096 994 2,156 2,046
Net income 2,834 2,632 5,556 5,368
Earnings per common share (basic) $ 0.76 $ 0.71 $ 1.48 $ 1.44
Earnings per common share (diluted) $ 0.75 $ 0.70 $ 1.47 $ 1.43
Shares outstanding (basic) 3,750 3,725 3,750 3,718
Shares outstanding (diluted) 3,775 3,770 3,778 3,764
Other comprehensive income:        
Foreign currency translation net of taxes of $0 in all periods 859 19 1,110 (2,497)
Unrealized gain (loss) on investments net of taxes of ($0), $2, ($2) and $4 0 2 (3) 5
Total comprehensive income $ 3,692 $ 2,654 $ 6,663 $ 2,876