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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, 2017
Mar. 31, 2016
Income Statement    
Sales, net $ 10,259 $ 10,301
Cost of goods sold 3,724 4,078
Gross profit 6,535 6,223
Operating expense:    
Selling, general and administrative 1,692 1,801
Research and development 118 110
Total operating expense 1,810 1,911
Operating income 4,725 4,312
Other income (expense) 26 101
Income before provision for income taxes 4,751 4,413
Provision for income taxes 1,215 1,196
Net income $ 3,536 $ 3,217
Earnings per common share (basic) $ 0.95 $ 0.86
Earnings per common share (diluted) $ 0.95 $ 0.85
Shares outstanding (basic) 3,714 3,753
Shares outstanding (diluted) 3,728 3,770
Other comprehensive income (loss):    
Foreign currency translation net of taxes of $0 in all periods $ 655 $ (410)
Unrealized gain (loss) on investments net of taxes of $0 and ($4) 0 (7)
Total comprehensive income $ 4,191 $ 2,800