XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.1
UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED CONDENSED STATEMENT OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,534 $ 3,024
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 149 163
Amortization 1,646 1,664
Provision for losses on accounts receivable 8 2
Operating Lease, Right-of-Use Asset, Amortization Expense 14 10
Deferred income taxes (144) (208)
Stock-based compensation expense 43 41
Tax benefit attributable to exercise of stock options 0 5
Changes in operating assets and liabilities    
Accounts receivable and other receivables (578) (71)
Inventories (809) 207
Prepaid expenses and other current assets (109) (109)
Accounts payable 695 51
Accrued expenses 597 754
Total adjustments 1,512 2,509
Net cash provided by operating activities 5,046 5,533
CASH FLOWS FROM INVESTING ACTIVITIES    
Property and equipment (237) (10)
Net cash used in investing activities (237) (10)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock - options 19 89
Payment of dividends 0 (1,038)
Net cash provided by/(used in) financing activities 19 (949)
Effect of exchange rate changes on cash 71 (131)
Net increase in cash and cash equivalents 4,899 4,443
Cash at beginning of period 60,974 51,590
Cash at end of period 65,873 56,033
Cash paid during the period for income taxes 82 153
Cash paid during the period for interest $ 0 $ 0