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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, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME        
Sales, net $ 10,400 $ 12,866 $ 21,740 $ 25,386
Cost of goods sold 4,147 5,127 8,722 9,805
Gross profit 6,253 7,739 13,018 15,581
Operating expense        
Selling, general and administrative 2,560 3,181 5,176 6,440
Research & development 255 133 521 277
Total operating expenses 2,815 3,314 5,697 6,717
Operating income 3,438 4,425 7,321 8,864
Other income 773 747 1,689 1,428
Income before provision for income taxes 4,211 5,172 9,010 10,292
Provision for income taxes 758 972 1,601 1,878
Net income $ 3,453 $ 4,200 $ 7,409 $ 8,414
Earnings per common share (basic) $ 0.98 $ 1.16 $ 2.07 $ 2.32
Earnings per common share (diluted) $ 0.98 $ 1.15 $ 2.07 $ 2.31
Shares outstanding - basic 3,532 3,628 3,579 3,628
Shares outstanding - diluted 3,532 3,639 3,579 3,638
Other comprehensive income (loss)        
Foreign currency translation net of taxes of $0 in all periods $ (33) $ 504 $ (664) $ 1,053
Total comprehensive income $ 3,420 $ 4,704 $ 6,745 $ 9,467