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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Details      
Sales, net (notes 1, 3, 9 and 11) $ 42,178 $ 46,904 $ 41,998
Cost of goods sold 16,630 17,438 15,692
Gross profit 25,548 29,466 26,306
Sales and marketing 1,554 1,738 1,708
Research and development 486 483 454
General and administrative 9,800 9,613 5,447
Operating income 13,708 17,632 18,697
Dividend and interest income 112 254 217
Gains on investments 0 0 32
Royalty income (note 12) 20 6 76
Other, net 0 (8) 437
Income before provision for income taxes 13,840 17,884 19,459
Provision for income taxes (note 7) 3,042 3,157 904
Net income $ 10,798 $ 14,727 $ 18,555
Earnings per common share (basic) (note 1) $ 2.95 $ 3.96 $ 4.97
Earnings per common share (diluted) (note 1) $ 2.94 $ 3.94 $ 4.95
Other comprehensive income (loss):      
Foreign currency translation net of taxes of $0 in all periods $ 1,502 $ 1,507 $ (2,949)
Total comprehensive income $ 12,300 $ 16,234 $ 15,606