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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, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME        
Sales, net $ 10,005 $ 12,505 $ 31,745 $ 37,891
Cost of goods sold 4,203 5,146 12,925 14,951
Gross profit 5,802 7,359 18,820 22,940
Operating expense        
Selling, general and administrative 2,287 3,252 7,464 9,693
Research & development 172 138 692 414
Total operating expense 2,459 3,390 8,156 10,107
Operating income 3,343 3,969 10,664 12,833
Other income 836 812 2,524 2,239
Income before provision for income taxes 4,179 4,781 13,188 15,072
Provision for income taxes 616 846 2,216 2,723
Net income $ 3,563 $ 3,935 $ 10,972 $ 12,349
Earnings per common share (basic) $ 1.02 $ 1.08 $ 3.1 $ 3.4
Earnings per common share (diluted) $ 1.02 $ 1.08 $ 3.1 $ 3.39
Shares outstanding - basic 3,478 3,629 3,542 3,629
Shares outstanding - diluted 3,478 3,639 3,542 3,638
Other comprehensive income (loss)        
Foreign currency translation net of taxes of $0 in all periods $ 1,432 $ (1,012) $ 769 $ 41
Total comprehensive income $ 4,995 $ 2,923 $ 11,741 $ 12,390