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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, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Details        
Sales, net $ 12,955 $ 12,572 $ 38,707 $ 36,140
Cost of goods sold 4,769 4,499 14,838 13,336
Gross profit 8,186 8,073 23,869 22,804
Operating expense        
Selling, general and administrative 2,933 2,848 8,779 8,669
Research & development 112 127 370 385
Total operating expenses 3,045 2,975 9,149 9,054
Operating income 5,141 5,098 14,720 13,750
Other income 198 59 348 130
Income before provision for income taxes 5,339 5,157 15,068 13,880
Provision for income taxes 1,059 951 3,150 3,224
Net income $ 4,280 $ 4,206 $ 11,918 $ 10,656
Earnings per common share (basic) $ 1.18 $ 1.15 $ 3.27 $ 2.92
Earnings per common share (diluted) $ 1.18 $ 1.15 $ 3.26 $ 2.91
Shares outstanding - basic 3,625 3,647 3,641 3,645
Shares outstanding - diluted 3,634 3,658 3,650 3,656
Other comprehensive income (loss)        
Foreign currency translation net of taxes of $0 in all periods $ (2,572) $ (782) $ (5,377) $ (787)
Total comprehensive income $ 1,708 $ 3,424 $ 6,541 $ 9,869