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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement        
Sales, net $ 10,717 $ 10,032 $ 31,035 $ 30,408
Cost of goods sold 4,521 4,083 12,440 12,129
Gross profit 6,196 5,949 18,595 18,279
Operating expense:        
Selling, general and administrative 2,079 2,158 6,336 6,641
Research and development 115 126 352 369
Total operating expense 2,194 2,284 6,688 7,010
Operating income 4,002 3,665 11,907 11,269
Other income (expense) (107) (88) (300) (278)
Income before provision for income taxes 3,895 3,577 11,607 10,991
Provision for income taxes 1,073 1,006 3,229 3,053
Net income 2,822 2,571 8,378 7,938
Earnings per common share (basic) $ 0.75 $ 0.69 $ 2.24 $ 2.13
Earnings per common share (diluted) $ 0.75 $ 0.68 $ 2.22 $ 2.11
Shares outstanding (basic) 3,741 3,735 3,747 3,724
Shares outstanding (diluted) 3,764 3,781 3,774 3,771
Other comprehensive income (loss):        
Foreign currency translation net of taxes of $0 in all periods (2,569) 2,573 (1,459) 76
Unrealized gain (loss) on investments net of taxes of $2, $0, $0 and $4 3 0 0 6
Total comprehensive income $ 256 $ 5,144 $ 6,919 $ 8,020