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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
Mar. 31, 2015
Mar. 31, 2014
Income Statement    
Sales, net $ 10,233us-gaap_SalesRevenueNet $ 9,827us-gaap_SalesRevenueNet
Cost of goods sold 4,121us-gaap_CostOfGoodsSold 3,777us-gaap_CostOfGoodsSold
Gross profit 6,112us-gaap_GrossProfit 6,050us-gaap_GrossProfit
Operating expense:    
Selling, general and administrative 2,079us-gaap_SellingGeneralAndAdministrativeExpense 2,084us-gaap_SellingGeneralAndAdministrativeExpense
Research & development 156us-gaap_ResearchAndDevelopmentExpense 123us-gaap_ResearchAndDevelopmentExpense
Total operating expense 2,235us-gaap_OperatingExpenses 2,207us-gaap_OperatingExpenses
Operating income 3,877us-gaap_OperatingIncomeLoss 3,843us-gaap_OperatingIncomeLoss
Other income (expense) (210)us-gaap_OtherNonoperatingIncomeExpense (61)us-gaap_OtherNonoperatingIncomeExpense
Income before provision for income taxes 3,667us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 3,782us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 1,000us-gaap_IncomeTaxExpenseBenefit 1,060us-gaap_IncomeTaxExpenseBenefit
Net income 2,667us-gaap_ProfitLoss 2,722us-gaap_ProfitLoss
Earnings per common share (basic) $ 0.71us-gaap_EarningsPerShareBasic $ 0.73us-gaap_EarningsPerShareBasic
Earnings per common share (diluted) $ 0.71us-gaap_EarningsPerShareDiluted $ 0.72us-gaap_EarningsPerShareDiluted
Shares outstanding (basic) 3,750us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 3,750us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Shares outstanding (diluted) 3,776us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 3,787us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Other comprehensive income (loss):    
Foreign currency translation net of taxes of $0 and $0 (2,535)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 251us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Unrealized gain (loss) on investments net of taxes of $(1) and $(2) (2)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax (3)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
Total comprehensive income $ 130us-gaap_ComprehensiveIncomeNetOfTax $ 2,970us-gaap_ComprehensiveIncomeNetOfTax