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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, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement      
Sales, net $ 41,278us-gaap_SalesRevenueNet $ 40,493us-gaap_SalesRevenueNet $ 41,552us-gaap_SalesRevenueNet
Cost of goods sold 16,295us-gaap_CostOfGoodsSold 16,220us-gaap_CostOfGoodsSold 16,245us-gaap_CostOfGoodsSold
Gross profit 24,983us-gaap_GrossProfit 24,273us-gaap_GrossProfit 25,307us-gaap_GrossProfit
Sales and marketing 2,211us-gaap_SellingAndMarketingExpense 2,790us-gaap_SellingAndMarketingExpense 2,712us-gaap_SellingAndMarketingExpense
Research and development 460us-gaap_ResearchAndDevelopmentExpense 491us-gaap_ResearchAndDevelopmentExpense 563us-gaap_ResearchAndDevelopmentExpense
General and administrative 6,110us-gaap_GeneralAndAdministrativeExpense 6,164us-gaap_GeneralAndAdministrativeExpense 6,836us-gaap_GeneralAndAdministrativeExpense
Operating income 16,202us-gaap_OperatingIncomeLoss 14,828us-gaap_OperatingIncomeLoss 15,196us-gaap_OperatingIncomeLoss
Dividend and interest income 7us-gaap_OtherInterestAndDividendIncome 7us-gaap_OtherInterestAndDividendIncome 11us-gaap_OtherInterestAndDividendIncome
Gains and (losses) on investments 0us-gaap_GainLossOnSaleOfInvestments 0us-gaap_GainLossOnSaleOfInvestments (1)us-gaap_GainLossOnSaleOfInvestments
Royalty income 99us-gaap_RoyaltyIncomeNonoperating 90us-gaap_RoyaltyIncomeNonoperating 89us-gaap_RoyaltyIncomeNonoperating
Interest expense (289)us-gaap_InterestExpense (438)us-gaap_InterestExpense (652)us-gaap_InterestExpense
Other, net (207)us-gaap_OtherOperatingIncomeExpenseNet (11)us-gaap_OtherOperatingIncomeExpenseNet (106)us-gaap_OtherOperatingIncomeExpenseNet
Income before provision for income taxes 15,812us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 14,476us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 14,537us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 4,434us-gaap_IncomeTaxExpenseBenefit 3,070us-gaap_IncomeTaxExpenseBenefit 4,368us-gaap_IncomeTaxExpenseBenefit
Net income 11,378us-gaap_ProfitLoss 11,406us-gaap_ProfitLoss 10,169us-gaap_ProfitLoss
Earnings per common shares (basic) $ 3.04us-gaap_EarningsPerShareBasic $ 3.06us-gaap_EarningsPerShareBasic $ 2.77us-gaap_EarningsPerShareBasic
Earnings per common share (diluted) $ 3.02us-gaap_EarningsPerShareDiluted $ 3.02us-gaap_EarningsPerShareDiluted $ 2.74us-gaap_EarningsPerShareDiluted
Foreign currency translation net of taxes of $0 in all periods (3,252)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 859us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 1,862us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Unrealized gain (loss) on investments net of taxes of $1, $6, and $123 1us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 8us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 193us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
Total comprehensive income $ 8,127us-gaap_ComprehensiveIncomeNetOfTax $ 12,273us-gaap_ComprehensiveIncomeNetOfTax $ 12,224us-gaap_ComprehensiveIncomeNetOfTax