Utah medical products inc (UTMD)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

3,140

4,358

3,705

3,525

3,139

3,393

6,762

4,308

4,092

-2,522

3,622

3,869

3,536

2,717

2,935

3,259

3,217

3,210

3,047

2,919

2,667

3,000

2,822

2,834

2,722

3,468

2,570

2,633

2,735

2,259

2,720

2,401

2,789

1,858

2,237

1,983

1,336

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

175

174

171

176

179

188

182

195

200

171

159

164

166

158

154

149

149

158

160

152

149

163

163

155

156

152

151

153

155

159

160

165

169

-

-

-

-

Amortization

1,630

1,632

1,610

1,631

1,271

528

535

558

570

545

537

523

508

509

535

587

592

630

639

633

626

655

688

694

682

670

641

634

639

656

652

654

651

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

265

Gain on Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-177

0

0

0

0

0

0

6

Provision for (recovery of) losses on accounts receivable

-14

16

0

-2

0

21

-2

0

1

6

-1

0

-1

0

7

6

-13

-1

0

-10

1

-1

-32

5

1

5

6

-1

0

-5

2

1

7

67

2

4

4

Amortization of Right of Use Assets

9

9

10

9

10

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss/(Gain) on disposal of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-31

0

-4

0

0

-5

-1

0

-

-

-

-

-

-

-

-

Deferred income taxes

-97

2

-120

-136

-142

26

-127

-149

-76

-377

-99

-64

-118

-133

-114

-120

-117

-542

-146

-82

-131

-86

-132

-90

-192

-832

-210

-180

-177

13

-185

-177

-251

-

-

-

-

Stock-based compensation expense

23

28

29

28

28

11

11

12

30

30

30

33

36

30

20

21

21

21

22

22

22

25

25

18

6

7

7

7

7

16

16

18

20

22

24

25

24

Payment of taxes for exchange of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

180

0

-90

-

-

-

-

-

-

-

-

Tax benefit attributable to exercise of stock options

3

-

5

2

13

-

5

23

16

-

4

11

10

-

2

16

19

4

3

90

17

-36

19

46

74

40

42

24

175

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable and other receivables

-261

-401

-117

316

940

-452

-44

432

560

-1,098

183

223

934

-215

60

-332

782

-928

-37

396

432

74

-725

281

735

-702

-861

392

958

-815

-135

-952

1,227

-215

142

-106

-323

Other receivables

-

-

-

-

-

-

-

-

-

-7

0

0

5

862

1

18

16

8

2

91

-10

50

19

50

-19

71

42

-43

171

93

22

40

49

5

-14

-12

52

Inventories

-158

237

-873

67

2,255

499

-300

-258

303

166

201

-54

154

-582

418

-329

133

-271

67

-335

117

42

-373

-46

518

44

213

-90

82

-505

-153

46

-229

45

48

328

203

Prepaid expenses and other current assets

12

89

-49

-47

23

120

-55

-50

53

16

20

-116

56

59

25

-106

45

48

28

-124

20

41

96

-150

32

13

126

-123

-22

37

150

-132

70

-366

-120

-148

105

Accounts payable

-31

302

-65

-1,991

1,868

310

-309

-91

142

-192

133

-49

117

-30

-111

90

337

-296

26

111

-106

-70

167

109

-18

-442

243

-201

184

-182

-197

120

309

-774

-265

-519

345

Accrued expenses

429

-628

-12

-1,223

212

2,897

-2,861

-301

-293

224

600

-999

1,202

-1,415

450

-1,145

923

-417

474

-228

-426

1,019

414

244

-169

-343

146

-221

390

-1,101

701

-1,052

882

1,203

981

-409

383

Other liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-339

0

-

0

0

0

-

-119

0

449

Total adjustments

2,534

-

2,667

-1,842

221

-

-2,158

-327

-326

-

959

-434

771

-1,732

444

353

935

-

1,115

571

-424

-

2,276

1,004

-800

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

-25

-25

-25

-25

-25

-25

-25

-

-

-

-

Total adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-310

-16

-

1,241

701

646

-

1,175

-299

1,427

Net cash provided by operating activities

5,674

5,641

6,372

1,683

3,360

4,483

4,604

3,981

3,766

4,585

4,581

3,435

4,307

3,385

3,379

3,612

4,152

3,906

4,162

3,490

2,243

4,529

5,098

3,838

1,922

3,250

4,016

2,323

2,719

3,064

3,962

3,103

3,434

3,506

3,412

1,683

2,764

CASH FLOWS FROM INVESTING ACTIVITIES:
Property and equipment

454

288

122

118

12

147

54

28

173

1,423

60

49

65

3,056

147

42

48

25

42

41

68

157

117

178

658

117

111

59

52

59

62

72

61

51

38

139

19

Intangible assets

0

0

0

0

21,000

0

0

0

0

-

-

-

-

0

0

5

4

15

48

5

2

22

0

0

0

0

0

5

0

0

0

0

1

2

1

2

5

Purchases of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

0

0

0

500

Proceeds from the sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

0

0

0

15,155

Net cash paid in acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

41,084

Net cash used in investing activities

-454

-288

-122

-118

-21,012

-147

-54

908

-173

-1,423

-60

-49

-65

-3,056

-147

-47

-52

-40

-90

-46

-70

-179

-117

-178

-658

-117

-111

-64

-52

-11

-63

-72

-62

-52

-39

-142

-26,452

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock - options

48

60

52

74

97

18

89

200

147

78

56

115

53

70

49

109

148

45

53

173

72

130

90

27

244

140

157

150

340

618

207

393

585

43

67

339

36

Common stock purchased and retired

6,426

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock purchased and retired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-468

-215

0

-38

-199

-818

0

0

0

0

0

-504

0

0

0

-

-

-

-

Proceeds from notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

26,934

Tax benefit attributable to exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

-

7

13

10

Repayments of notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

0

4,778

983

1,017

1,023

1,012

999

974

966

969

1,919

1,953

2,757

2,464

2,260

1,755

1,795

132

Payment of dividends

1,042

1,029

1,028

1,028

1,027

1,008

1,007

1,006

1,005

986

985

984

0

1,962

978

976

0

1,932

957

957

0

1,891

936

938

0

1,851

913

911

0

1,793

884

878

0

-

-

-

-

Net cash used in financing activities

-7,420

-969

-976

-1,352

-930

-2,195

-918

-806

-858

-908

-929

-869

53

-4,692

-929

-867

148

-1,882

-1,369

-951

-4,689

-2,818

-2,043

-2,706

-694

-2,665

-1,689

-1,702

-544

-3,519

-2,631

-3,197

-1,824

-3,941

-2,536

-2,294

26,849

Effect of exchange rate changes on cash

-974

1,010

-761

2

135

-381

-153

-1,063

243

183

109

541

88

-897

-142

-819

-10

-328

-250

574

-656

-506

-629

-53

73

57

267

-40

-124

50

106

-79

76

-18

-64

11

30

Net decrease in cash and cash equivalents

-3,174

5,394

4,513

215

-18,447

1,760

3,479

3,020

2,978

2,437

3,701

3,058

4,383

-5,260

2,161

1,879

4,238

1,656

2,453

3,067

-3,172

1,026

2,309

901

643

525

2,485

515

1,999

-417

1,376

-246

1,624

-505

773

-741

3,190

Cash paid during the period for income taxes

285

1,347

1,020

2,531

406

1,031

804

2,228

788

1,398

1,077

2,234

442

1,504

920

2,077

345

1,311

1,249

1,643

1,138

602

941

1,035

516

1,309

1,028

1,634

0

1,802

600

2,021

0

-

-

-

-

Cash paid during the period for interest

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

65

57

72

79

88

98

106

113

122

142

156

171

189

224

282

303

51