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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Details      
Sales, net (notes 1, 3, 9 and 11) $ 49,054 $ 42,178 $ 46,904
Cost of goods sold 18,137 16,630 17,438
Gross profit 30,917 25,548 29,466
Sales and marketing 1,414 1,554 1,738
Research and development 526 486 483
General and administrative 10,097 9,800 9,613
Operating income 18,880 13,708 17,632
Dividend and interest income 166 112 254
Royalty income (note 12) 15 20 6
Other, net 0 0 (8)
Income before provision for income taxes 19,061 13,840 17,884
Provision for income taxes (note 7) 4,273 3,042 3,157
Net income $ 14,788 $ 10,798 $ 14,727
Earnings per common share (basic) (note 1) $ 4.05 $ 2.95 $ 3.96
Earnings per common share (diluted) (note 1) $ 4.04 $ 2.94 $ 3.94
Other comprehensive income (loss)      
Foreign currency translation net of taxes of $0 in all periods $ (773) $ 1,502 $ 1,507
Total comprehensive income $ 14,015 $ 12,300 $ 16,234