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UTAH MEDICAL PRODUCTS, INC. CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Income Statement |  |  |
Sales, net | $ 40,493 | $ 41,552 | $ 37,860
Cost of goods sold | 16,221 | 16,245 | 15,460
Gross profit | 24,273 | 25,307 | 22,400
Sales and marketing | 2,790 | 2,711 | 2,815
Research and development | 491 | 563 | 518
General and administrative | 6,164 | 6,836 | 7,225
Operating income | 14,828 | 15,196 | 11,842
Dividend and interest income | 7 | 11 | 16
Gains and (losses) on investments | 0 | (1) | 1
Royalty income | 90 | 89 | 71
Interest expense | (438) | (652) | (859)
Other, net | (11) | (106) | 10
Income before provision for income taxes | 14,476 | 14,537 | 11,080
Provision for income taxes | 3,070 | 4,368 | 3,666
Net income | 11,406 | 10,169 | 7,414
Earnings per common shares (basic) | $ 3.06 | $ 2.77 | $ 2.04
Earnings per common share (diluted) | $ 3.02 | $ 2.74 | $ 2.03
Foreign currency translation net of taxes of $0, $0 and $0 | 859 | 1,862 | (1,628)
Unrealized gain (loss) on investments net of taxes of $6, $123, and $(2) | 8 | 193 | (3)
Total comprehensive income | $ 12,273 | $ 12,224 | $ 5,783

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