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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement        
Sales, net $ 9,945 $ 10,717 $ 30,575 $ 31,035
Cost of goods sold 3,866 4,521 12,285 12,440
Gross profit 6,079 6,196 18,290 18,595
Operating expense:        
Selling, general and administrative 1,969 2,079 6,039 6,336
Research and development 110 115 406 352
Total operating expense 2,079 2,194 6,445 6,688
Operating income 4,000 4,002 11,845 11,907
Other income (expense) 127 (107) (126) (300)
Income before provision for income taxes 4,127 3,895 11,719 11,607
Provision for income taxes 1,080 1,073 3,086 3,229
Net income $ 3,047 $ 2,822 $ 8,633 $ 8,378
Earnings per common share (basic) $ 0.81 $ 0.75 $ 2.30 $ 2.24
Earnings per common share (diluted) $ 0.81 $ 0.75 $ 2.29 $ 2.22
Shares outstanding (basic) 3,753 3,741 3,753 3,747
Shares outstanding (diluted) 3,768 3,764 3,772 3,774
Other comprehensive income (loss):        
Foreign currency translation net of taxes of $0 in all periods $ (1,536) $ (2,569) $ (1,711) $ (1,459)
Unrealized gain (loss) on investments net of taxes of ($2), $2, ($2) and $0 (4) 3 (3) 0
Total comprehensive income $ 1,507 $ 256 $ 6,919 $ 6,919