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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED CONDENSED STATEMENT OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,217 $ 2,667
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 149 149
Amortization 592 626
Provision for (recovery of) losses on accounts receivable (13) 1
Deferred income taxes (117) (131)
Stock-based compensation expense 21 22
Changes in operating assets and liabilities:    
Accounts receivable (782) (432)
Accrued interest and other receivables (16) 10
Inventories (133) (117)
Prepaid expenses and other current assets (45) (20)
Accounts payable 337 (106)
Accrued expenses 923 (426)
Total adjustments 916 (424)
Net cash provided by operating activities 4,133 2,243
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures for property and equipment (48) (68)
Capital expenditures for intangible assets (4) (2)
Net cash provided by (used in) investing activities (52) (70)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock - options 148 72
Common stock purchased and retired 0 0
Tax benefit attributable to exercise of stock options 19 17
Repayment of notes payable 0 (4,778)
Payment of dividends 0 0
Net cash provided by (used in) financing activities 167 (4,689)
Effect of exchange rate changes on cash (10) (656)
Net increase (decrease) in cash and cash equivalents 4,238 (3,172)
Cash at beginning of period 23,278 19,274
Cash at end of period 27,516 16,102
Cash paid during the period for income taxes 345 1,138
Cash paid during the period for interest $ 0 $ 65