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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, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Details        
Sales, net $ 12,572 $ 10,479 $ 36,140 $ 30,168
Cost of goods sold 4,499 3,982 13,336 11,885
Gross profit 8,073 6,497 22,804 18,283
Operating expense        
Selling, general and administrative 2,848 2,785 8,669 8,480
Research & development 127 125 385 375
Total operating expenses 2,975 2,910 9,054 8,855
Operating income 5,098 3,587 13,750 9,428
Other income 59 1 130 125
Income before provision for income taxes 5,157 3,588 13,880 9,553
Provision for income taxes 951 655 3,224 2,167
Net income $ 4,206 $ 2,933 $ 10,656 $ 7,386
Earnings per common share (basic) $ 1.15 $ 0.81 $ 2.92 $ 2.02
Earnings per common share (diluted) $ 1.15 $ 0.80 $ 2.91 $ 2.01
Shares outstanding - basic 3,647 3,642 3,645 3,664
Shares outstanding - diluted 3,658 3,653 3,656 3,678
Other comprehensive income (loss):        
Foreign currency translation net of taxes of $0 in all periods $ (782) $ 1,511 $ (787) $ (416)
Total comprehensive income $ 3,424 $ 4,444 $ 9,869 $ 6,970