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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement    
Sales, net $ 10,301 $ 10,233
Cost of goods sold 4,078 4,121
Gross profit 6,223 6,112
Operating expense:    
Selling, general and administrative 1,801 2,079
Research and development 110 156
Total operating expense 1,911 2,235
Operating income 4,312 3,877
Other income (expense) 101 (210)
Income before provision for income taxes 4,413 3,667
Provision for income taxes 1,196 1,000
Net income $ 3,217 $ 2,667
Earnings per common share (basic) $ 0.86 $ 0.71
Earnings per common share (diluted) $ 0.85 $ 0.71
Shares outstanding (basic) 3,753 3,750
Shares outstanding (diluted) 3,770 3,776
Other comprehensive income (loss):    
Foreign currency translation net of taxes of $0 in all periods $ (410) $ (2,535)
Unrealized gain (loss) on investments net of taxes of ($4) and ($1) (7) (2)
Total comprehensive income $ 2,800 $ 130