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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Details        
Sales, net $ 10,390 $ 10,125 $ 32,242 $ 31,213
Cost of goods sold 4,096 3,629 12,042 11,288
Gross profit 6,294 6,496 20,200 19,925
Operating expense        
Selling, general and administrative 1,784 1,714 5,433 5,146
Research & development 108 103 338 341
Total operating expenses 1,892 1,817 5,771 5,487
Operating income 4,402 4,679 14,429 14,438
Other income (expense) 79 17 617 65
Income before provision for income taxes 4,481 4,696 15,046 14,503
Provision for income taxes (2,281) 1,074 (116) 3,476
Net income $ 6,762 $ 3,622 $ 15,162 $ 11,027
Earnings per common share (basic) $ 1.81 $ 0.97 $ 4.07 $ 2.97
Earnings per common share (diluted) $ 1.80 $ 0.97 $ 4.04 $ 2.95
Shares outstanding - basic 3,733 3,719 3,730 3,716
Shares outstanding - diluted 3,753 3,738 3,752 3,734
Other comprehensive income (loss):        
Foreign currency translation net of taxes of $0 in all periods $ (385) $ 1,223 $ (1,920) $ 3,559
Total comprehensive income $ 6,377 $ 4,845 $ 13,242 $ 14,586