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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED CONDENSED STATEMENT OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,139 $ 4,092
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 179 200
Amortization 1,271 570
Provision for (recovery of) losses on accounts receivable 0 1
Amortization of Right of Use Assets 10 0
Deferred income taxes (142) (76)
Stock-based compensation expense 28 30
Tax benefit attributable to exercise of stock options 13 16
Changes in operating assets and liabilities:    
Accounts receivable and other receivables (940) (560)
Inventories (2,255) (303)
Prepaid expenses and other current assets (23) (53)
Accounts payable 1,868 142
Accrued expenses 212 (293)
Total adjustments 221 (326)
Net cash provided by operating activities 3,360 3,766
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property and equipment (12) (173)
Intangible assets (21,000) 0
Net cash provided by (used in) investing activities (21,012) (173)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock - options 97 147
Payment of dividends (1,027) (1,005)
Net cash provided by (used in) financing activities (930) (858)
Effect of exchange rate changes on cash 135 243
Net increase (decrease) in cash and cash equivalents (18,447) 2,978
Cash at beginning of period 51,112 39,875
Cash at end of period 32,665 42,853
Cash paid during the period for income taxes 406 788
Cash paid during the period for interest $ 0 $ 0