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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Details        
Sales, net $ 12,604 $ 8,787 $ 23,568 $ 19,689
Cost of goods sold 4,819 3,837 8,836 7,903
Gross profit 7,785 4,950 14,732 11,786
Operating expense        
Selling, general and administrative 2,892 2,857 5,821 5,696
Research & development 128 116 259 250
Total operating expenses 3,020 2,973 6,080 5,946
Operating income 4,765 1,977 8,652 5,840
Other income 60 0 71 125
Income before provision for income taxes 4,825 1,977 8,723 5,965
Provision for income taxes 1,399 664 2,273 1,513
Net income $ 3,426 $ 1,313 $ 6,450 $ 4,452
Earnings per common share (basic) $ 0.94 $ 0.36 $ 1.77 $ 1.21
Earnings per common share (diluted) $ 0.94 $ 0.36 $ 1.76 $ 1.21
Shares outstanding - basic 3,646 3,643 3,645 3,675
Shares outstanding - diluted 3,655 3,659 3,656 3,690
Other comprehensive income (loss):        
Foreign currency translation net of taxes of $0 in all periods $ 49 $ 522 $ (5) $ (1,927)
Total comprehensive income $ 3,475 $ 1,835 $ 6,445 $ 2,525