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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement      
Sales, net $ 40,157 $ 41,278 $ 40,493
Cost of goods sold 15,972 16,295 16,220
Gross profit 24,185 24,983 24,273
Operating expense:      
Sales and marketing 2,164 2,211 2,790
Research and development 522 460 491
General and administrative 5,848 6,110 6,164
Operating income 15,651 16,202 14,828
Other income (expense):      
Dividend and interest income 5 7 7
Royalty income 93 99 90
Interest expense (65) (289) (438)
Other, net (139) (207) (11)
Income before provision for income taxes 15,545 15,812 14,476
Provision for income taxes 3,702 4,434 3,070
Net income $ 11,843 $ 11,378 $ 11,406
Earnings per common shares (basic) $ 3.16 $ 3.04 $ 3.06
Earnings per common share (diluted) $ 3.14 $ 3.02 $ 3.02
Other comprehensive income:      
Foreign currency translation net of taxes of $0 in all periods $ (2,724) $ (3,252) $ 859
Unrealized gain (loss) on investments net of taxes of $(1), $1, and $6 (2) 1 8
Total comprehensive income $ 9,117 $ 8,127 $ 12,273