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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, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Details        
Sales, net $ 13,428 $ 12,604 $ 25,752 $ 23,568
Cost of goods sold 5,277 4,819 10,069 8,836
Gross profit 8,151 7,785 15,683 14,732
Operating expense        
Selling, general and administrative 2,959 2,892 5,846 5,821
Research & development 135 128 258 259
Total operating expenses 3,094 3,020 6,104 6,080
Operating income 5,057 4,765 9,579 8,652
Other income 142 60 150 71
Income before provision for income taxes 5,199 4,825 9,729 8,723
Provision for income taxes 1,096 1,399 2,091 2,273
Net income $ 4,103 $ 3,426 $ 7,638 $ 6,450
Earnings per common share (basic) $ 1.13 $ 0.94 $ 2.09 $ 1.77
Earnings per common share (diluted) $ 1.12 $ 0.94 $ 2.09 $ 1.76
Shares outstanding - basic 3,643 3,646 3,649 3,645
Shares outstanding - diluted 3,650 3,655 3,658 3,656
Other comprehensive income (loss)        
Foreign currency translation net of taxes of $0 in all periods $ (2,298) $ 49 $ (2,804) $ (5)
Total comprehensive income $ 1,805 $ 3,475 $ 4,834 $ 6,445