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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME    
Sales, net $ 12,520 $ 12,323
Cost of goods sold 4,677 4,790
Gross profit 7,843 7,533
Operating expense    
Selling, general and administrative 3,260 2,888
Research & development 144 123
Total operating expenses 3,404 3,011
Operating income 4,439 4,522
Other income 680 8
Income before provision for income taxes 5,119 4,530
Provision for income taxes 905 996
Net income $ 4,214 $ 3,534
Earnings per common share (basic) $ 1.16 $ 0.97
Earnings per common share (diluted) $ 1.16 $ 0.96
Shares outstanding (basic) 3,628 3,655
Shares outstanding (diluted) 3,636 3,665
Other comprehensive income (loss)    
Foreign currency translation net of taxes of $0 in all periods $ 549 $ (506)
Total comprehensive income $ 4,763 $ 3,028