XML 18 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED CONDENSED STATEMENT OF CASH FLOW (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Statement of Cash Flows    
Net income $ 5,556 $ 5,368
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 311 308
Amortization 1,376 1,273
(Gain) loss on investments 0 0
Provision for (recovery of) losses on accounts receivable 6 (1)
(Gain)/Loss on disposal of assets 4 (1)
Deferred income taxes (282) (357)
Stock-based compensation expense 24 14
Changes in operating assets and liabilities:    
Accounts receivable (1,016) (1,350)
Accrued interest and other receivables (31) (128)
Inventories (472) 8
Prepaid expenses and other current assets 118 145
Accounts payable 91 (17)
Accrued expenses 75 169
Deferred revenue 0 (50)
Other liability 0 (339)
Total adjustments 203 (326)
Net cash provided by operating activities 5,760 5,042
Capital expenditures for property and equipment (836) (111)
Capital expenditures for intangible assets 0 (5)
Purchases of investments 0 0
Proceeds from sale of investments 0 0
Net cash provided by (used in) investing activities (836) (116)
Proceeds from issuance of common stock - options 271 490
Common stock purchased and retired (818) 0
Payment of taxes for exchange of stock options 0 (90)
Tax benefit attributable to exercise of stock options 120 199
Repayment of notes payable (2,035) (1,935)
Payment of dividends (938) (911)
Net cash provided by (used in) financing activities (3,401) (2,246)
Effect of exchange rate changes on cash 20 (164)
Net increase in cash and cash equivalents 1,544 2,514
Cash at beginning of period 14,395 8,871
Cash at end of period 15,939 11,385
Cash paid during the period for income taxes 1,551 1,634
Cash paid during the period for interest $ 167 $ 235