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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement      
Sales, net $ 39,298 $ 40,157 $ 41,278
Cost of goods sold 15,608 15,972 16,295
Gross profit 23,690 24,185 24,983
Operating expense:      
Sales and marketing 1,673 2,164 2,211
Research and development 475 522 460
General and administrative 5,355 5,848 6,110
Operating income 16,187 15,651 16,202
Other income (expense):      
Dividend and interest income 12 5 7
Royalty income 91 93 99
Interest expense   (65) (289)
Other, net 132 (139) (207)
Income before provision for income taxes 16,422 15,545 15,812
Provision for income taxes 4,294 3,702 4,434
Net income $ 12,128 $ 11,843 $ 11,378
Earnings per common shares (basic) $ 3.23 $ 3.16 $ 3.04
Earnings per common share (diluted) $ 3.22 $ 3.14 $ 3.02
Other comprehensive income:      
Foreign currency translation net of taxes of $0 in all periods $ (6,289) $ (2,724) $ (3,252)
Unrealized gain (loss) on investments net of taxes of $3, $(1), and $1 5 (2) 1
Total comprehensive income $ 5,844 $ 9,117 $ 8,127