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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED CONDENSED STATEMENT OF CASH FLOW - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,633 $ 8,378
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 461 474
Amortization 1,898 2,064
(Gain) loss on investments 0 0
Provision for (recovery of) losses on accounts receivable (9) (26)
(Gain)/Loss on disposal of assets 1 4
Deferred income taxes (359) (414)
Stock-based compensation expense 66 49
Changes in operating assets and liabilities:    
Accounts receivable (791) (291)
Accrued interest and other receivables (83) (50)
Inventories 151 (99)
Prepaid expenses and other current assets 76 22
Accounts payable 31 258
Accrued expenses (180) 489
Total adjustments 1,262 2,480
Net cash provided by operating activities 9,895 10,858
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures for property and equipment (151) (953)
Capital expenditures for intangible assets (55) 0
Net cash provided by (used in) investing activities (206) (953)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock - options 298 361
Common stock purchased and retired (683) (1,017)
Payment of taxes for exchange of stock options (42) 0
Tax benefit attributable to exercise of stock options 110 139
Repayment of notes payable (4,778) (3,052)
Payment of dividends (1,914) (1,874)
Net cash provided by (used in) financing activities (7,009) (5,443)
Effect of exchange rate changes on cash (332) (609)
Net increase in cash and cash equivalents 2,348 3,853
Cash at beginning of period 19,274 14,395
Cash at end of period 21,622 18,248
Cash paid during the period for income taxes 4,030 2,492
Cash paid during the period for interest $ 65 $ 239