These 60 Ohio Corps had their Total Pretax Earnings in 2011 increase by 24% over 2010, and their Total Pretax Income in 2010 increase by a much more robust 60% over 2009.
Included in these 60 Ohio Corps was the huge Procter & Gamble, whose $15.2 bil of 2011 Pretax Income, comprised 31% of the Total Pretax Income of all 60 of these Ohio Corps.
The Remaining 59 Ohio Corps had their Total Pretax Earnings in 2011 increase by a very strong 39% over 2011, and their Total Pretax Income in 2010 increase by an off-the-charts 139% over 2009.
Included in these 60 Ohio Corps was the huge Procter & Gamble, whose $15.2 bil of 2011 Pretax Income, comprised 31% of the Total Pretax Income of all 60 of these Ohio Corps.
The Remaining 59 Ohio Corps had their Total Pretax Earnings in 2011 increase by a very strong 39% over 2011, and their Total Pretax Income in 2010 increase by an off-the-charts 139% over 2009.
And to give a complete update, these Remaining 59 Ohio Corps had their Total Pretax Income in the 1Q 2012 increase by a very modest 4% over the 1Q 2011. That is clearly a massive total earnings growth deceleration.....139% in 2010, 39% in 2011, and 4% in 1Q 2012. Something is clearly deteriorating here in Ohio, just as it is in Wisconsin and in other US States.
I excluded Corps in the Development Stage, and ones generating losses for many years.
This distinction between 2010 earnings growth and the earnings growth in both 2011 and the 1Q 2012 is particularly significant since there was a major change in Ohio political party control between 2010 and 2011, which was precisely what also happened in Wisconsin.
In 2010, Ohio's Governor was a Democrat and its State Senates and State Houses were both in Democratic control.....just like in Wisconsin.
On the other hand, in 2011 and in the 1Q 2012, Ohio's Governor was a Republican and its State Senates and State Houses were both in Republican control.....just like in Wisconsin.
Nationally in 2010, the US House was under Democratic control. But in 2011 and in the 1Q 2012, the US House was under Republican control.
Ohio's Democratic members of the US House numbered 10 of the total 18 in 2010, but only 5 of the total 18 in 2011 and in the 1Q 2012.....the same loss of Democratic majority that occurred in Wisconsin with the 2010 election.
Let me first show below here the Ohio headquarters location and the Sector of each of these 60 Largest Ohio Corporations.
And now let me show the Pretax Income (PTI) or Pretax Loss of each of these 60 Largest Ohio Corps in the most recent three years, along with their earnings growth in the two most recent years.
Because there was such an incredible difference in total earnings growth of these 59 Remaining Ohio Largest Corps under Democratic State control (+139% in 2010) and under Republican State control (+39% in 2011 and +4% in the 1Q 2012), I decided to check out smaller Ohio Corps, which file with the SEC, in order to see if this same pattern holds, as it also did in Wisconsin.
Thus, I found 22 Ohio Corps filing with the SEC, which had Pretax Income or Pretax Loss of more than $40 mil in any of the most recent three years, and which weren't included in the 60 largest Ohio Corps. Thus, these 22 Smaller Ohio Corps also did not have Pretax Income or Pretax Loss of more than $100 mil in any of the most recent three years.
Now to the results of these 22 Smaller Ohio Corps.
The Total Pretax Income of these 22 Smaller Ohio Corps increased by only 5% in 2011 as compared with 2010. On the other hand, the Total Pretax Income in 2010 increased by an off-the-charts 188% over 2009.
This earnings growth pattern divergence of these 22 Smaller Ohio Corps was consistent with the earnings growth pattern divergence of the Remaining 59 Largest Ohio Corps. And Ohio's earnings growth pattern divergence was precisely what also happened in Wisconsin.
Thus clearly, Ohio Corps of all sizes performed substantially better in 2010 under Democratic State control than in 2011 under Republican State control......just precisely what happened in Wisconsin.
It is pretty clear to me that in 2010, a Democratic President, coupled with a US House and a US Senate both in Democratic hands, and also coupled with a US State Governor and US State Legislature both in Democratic hands, did wonders for corporate earnings growth in that year. With this political structure, economic stimulus, both much needed business income tax stimulus and wise, carefully-vetted investment spending, can occur on a robust scale.
The worse thing that can happen after a financial meltdown, and near depression, is a US government that just waits for the free markets to correct themselves.....a laissez-faire approach. The opposite to that wisely happened in 2009 and 2010.
But then in 2011 and the first half of 2012, the US government was unfortunately forced into a laissez-faire economic approach, due to the US Congress stopping nearly every economic initiative of the Obama Administration. The focus of the US Congress was almost singularly on austerity, when the improving, but still clearly struggling, US economy was shouting out for more economic stimulus.
Thus, things stopped to a walk on the US economic front when the US House switched to Republican control with the 2010 election, coupled with certain US States like Ohio and Wisconsin, also switching totally from Democratic to Republican control.
Case in point is Business Income Tax Reform, which the Obama Administration strongly supports, and which nearly all Republicans say they are behind. If the President's Framework for Business Income Tax Reform, presented more than three months ago, is strengthened by the US Congress and passed, I am pretty certain that all of the US economic problems, including US real GDP growth, US unemployment, US underemployment, and the US Deficit....would all be substantially improved, and on an ongoing sustainable basis over the long run.
However, the US House Ways and Means Committee must initiate the legislation on this critically needed Business Income Tax Reform. And what have they done so far? Absolutely nothing. I'm not kidding. On the other hand, if the US House was under Democratic control, I am pretty certain that this Business Income Tax Reform would have gotten out of the US House Ways and Means Committee by now and been placed on the US House Floor.
Instead, the Republicans in the US House are focused on attempting to pass an extension of the much lower Bush income tax rates on the wealthy, which increases the US Deficit by more than a trillion dollars over the next decade, and creates almost no US jobs. This continual off-focus approach to governing by the Republicans in the US House shows that they are clearly unfit to be reelected, due to either their gross incompetence on US economic issues, or to their only be interested in governing for the top 1% of the country.
On the other hand, when the President is a Democrat and the US House is in Democratic control, economic initiatives move forward, and they clearly did very robustly in 2009 and 2010.
Given the magnitude of the above Ohio corporate earnings growth numbers in 2010 vs. those subsequent to 2010, it is clearly in the economic interests of Ohio Corporations of all sizes and all Ohio citizens for a return to the 2010 days, when corporate earnings were on a tear. And the same goes for Wisconsin Corporations of all sizes and Wisconsin citizens. And frankly, the same goes for all US Corporations of all sizes and US citizens in all US States.
While substantial US job creation doesn't necessarily result from substantially higher corporate earnings, I can clearly tell you one thing.....lower corporate earnings will undoubtedly result in a significant loss of US jobs. To give a recent illustration, when Hewlett Packard recently announced down earnings, it also announced it will be cutting 27,000 jobs, or 8% of its workforce. And Ohio-based Procter & Gamble, just recently taking a $452 mil Restructuring Charge, has to mean a significant loss of US jobs.
In deriving Pretax Income for these 22 Smaller Ohio Corps, I start with Pretax Income under Generally Accepted Accounting Principles (GAAP), and then exclude several clearly unusual very large items relative to Pretax Income, such as Asset Impairments, and Gains and Losses on both Debt Retirements and Asset Dispositions.
First, here is the Ohio HQs and the SEC Standard Industrial Classification for each of these 22 Smaller Ohio Corps:
And below here is the Pretax Income (PTI) or Pretax Loss of each of these 22 Smaller Ohio Corps in the most recent three years, along with their earnings growth in the two most recent years.
| Ohio Largest Corps | Ohio HQs | Sector | |
| Procter & Gamble | Cincinnati | Home Products | |
| Marathon Petroleum | Findlay | Petroleum Refining, Marketing and Transportation | |
| Cliffs Natural Resources | Cleveland | Metal Mining | |
| Macy's | Cincinnati | Retail: Department Stores | |
| Fifth Third Bancorp | Cincinnati | Banking | |
| Kroger | Cincinnati | Retail: Grocery Stores | |
| Eaton | Cleveland | Manufacturing: Power Management | |
| Cardinal Health | Dublin | Wholesale: Drugs | |
| Progressive Corp | Mayfield Village | Property and Casualty Insurance | |
| Parker Hannifin | Cleveland | Manufacturing: Motion and Control Technologies and Systems | |
| Limited Brands | Columbus | Retail: Clothing | |
| Key Corp | Cleveland | Banking | |
| Scripps Networks Interactive | Cincinnati | TV Services: Lifestyle Content | |
| Sherwin Williams | Cleveland | Retail: Paints | |
| JM Smucker | Orrville | Foods | |
| Huntington Bancshares | Columbus | Banking | |
| Timken | Canton | Manufacturing: Ball and Roller Bearings | |
| Goodyear Tire & Rubber | Akron | Manufacturing: Tires and Inner Tubes | |
| American Financial | Cincinnati | Property and Casualty Insurance | |
| Teradata | Dayton | Technology: Computers | |
| Cintas | Cincinnati | Workclothing | |
| Owens Corning | Toledo | Manufacturing: Fiber Glass and Building Materials | |
| Mettler Toledo | Columbus | Manufacturing: Lab Analytical Instruments | |
| Big Lots | Columbus | Retail: Variety Stores | |
| Nordson | Westlake | Manufacturing: Miscellaneous | |
| TransDigm | Cleveland | Aircraft and Parts | |
| Lincoln Electric | Cleveland | Manufacturing: Metalworking Machinery and Equipment | |
| Dana Holding | Maumee | Manufacturing: Motor Vehicle Parts | |
| RPM Intl | Medina | Manufacturing: Paints | |
| Greif | Delaware | Paperboard Container and Boxes | |
| Express | Columbus | Retail: Apparel | |
| Owens-Illinois | Perrysburg | Manufacturing: Glass Containers | |
| Health Care REIT | Toledo | Health Care: REIT | |
| Steris | Mentor | Health Care: Orthopedics, Prosthetic and Surgical Appliances | |
| Polyone | Avon Lakes | Manufacturing: Plastics | |
| Scotts Miracle-Gro | Marysville | Agriculture Chemicals | |
| Abercrombie & Fitch | New Albany | Retail: Clothing | |
| Worthington Industries | Columbus | Manufacturing: Steel Works | |
| Convergys | Cincinnati | Technology: Customer, Information and Human Resource Management | |
| Cincinnati Financial | Fairfield | Property and Casualty Insurance | |
| First Merit | Akron | Banking | |
| Diebold | North Canton | Manufacturing: Accounting Machines | |
| Lancaster Colony | Columbus | Foods | |
| Nacco Industries | Cleveland | Manufacturing: Industrial Trucks, Tractors and Trailers | |
| Aleris Intl | Beachwood | Manufacturing: Metals | |
| American Greetings | Cleveland | Greeting Cards | |
| Thor Industries | Jackson Center | Manufacturing: Motor Homes | |
| Applied Industrial Technologies | Cleveland | Wholesale: Machinery, Equipment and Supplies | |
| Andersons | Maumee | Wholesale: Farm Products | |
| Graftech Intl | Parma | Manufacturing: Graphite Electrodes | |
| DSW | Columbus | Retail: Shoe Stores | |
| Chemed | Cincinnati | Health Care: Home Services | |
| Momentive Specialty Chemicals | Columbus | Manufacturing: Plastics | |
| Cooper Tire | Findlay | Manufacturing: Tires and Inner Tubes | |
| Park National | Newark | Banking | |
| First Financial Bancorp | Cincinnati | Banking | |
| Cincinnati Bell | Cincinnati | Telephone Communications | |
| OM Group | Cleveland | Manufacturing: Metals | |
| AK Steel | West Chester | Manufacturing: Steel Works | |
| State Auto Financial | Columbus | Property and Casualty Insurance | |
And now let me show the Pretax Income (PTI) or Pretax Loss of each of these 60 Largest Ohio Corps in the most recent three years, along with their earnings growth in the two most recent years.
| Republican | Democratic | ||||
| State | State | ||||
| Control | Control | ||||
| PTI(L) | PTI(L) | ||||
| % | % | ||||
| Change | Change | ||||
| Total | Total | Total | 2011 | 2010 | |
| PTI(L) | PTI(L) | PTI(L) | vs | vs | |
| 2011 | 2010 | 2009 | 2010 | 2009 | |
| mils $s | mils $s | mils $s | |||
| Ohio Largest Corporations | |||||
| The Dominant One | |||||
| Procter & Gamble | 15,189 | 15,047 | 14,413 | 1% | 4% |
| Remaining 59 | |||||
| Marathon Petroleum | 3,719 | 1,023 | 685 | 264% | 49% |
| Cliffs Natural Resources | 2,242 | 1,303 | 297 | 72% | 339% |
| Macy's | 1,968 | 1,320 | 898 | 49% | 47% |
| Fifth Third Bancorp | 1,831 | 940 | (991) | 95% | 195% |
| Kroger | 1,796 | 1,734 | 1,702 | 4% | 2% |
| Eaton | 1,553 | 1,036 | 303 | 50% | 242% |
| Cardinal Health | 1,518 | 1,212 | 1,160 | 25% | 4% |
| Progressive | 1,487 | 1,565 | 1,557 | -5% | 1% |
| Parker Hannifin | 1,414 | 755 | 683 | 87% | 11% |
| Limited Brands | 1,348 | 1,251 | 650 | 8% | 92% |
| Key Corp | 1,345 | 793 | (2,057) | 70% | 139% |
| Scripps Networks Interactive | 883 | 736 | 531 | 20% | 39% |
| Sherwin Williams | 742 | 678 | 623 | 9% | 9% |
| JM Smucker | 717 | 731 | 396 | -2% | 85% |
| Huntington Bancshares | 707 | 352 | (1,071) | 101% | 133% |
| Timken | 697 | 406 | 14 | 72% | 2800% |
| Goodyear Tire & Rubber | 618 | (65) | (357) | 1051% | 82% |
| American Financial | 560 | 689 | 812 | -19% | -15% |
| Teradata | 481 | 414 | 334 | 16% | 24% |
| Cintas | 393 | 344 | 411 | 14% | -16% |
| Owens Corning | 353 | 216 | 81 | 63% | 167% |
| Mettler Toledo | 349 | 308 | 225 | 13% | 37% |
| Big Lots | 342 | 355 | 323 | -4% | 10% |
| Nordson | 315 | 231 | 116 | 36% | 99% |
| TransDigm | 301 | 251 | 251 | 20% | 0% |
| Lincoln Electric | 301 | 187 | 87 | 61% | 115% |
| Dana Holding | 296 | 35 | (298) | 746% | 112% |
| RPM Intl | 295 | 268 | 181 | 10% | 48% |
| Greif | 243 | 252 | 138 | -4% | 83% |
| Express | 236 | 142 | 77 | 66% | 84% |
| Owens-Illinois | 235 | 424 | 215 | -45% | 97% |
| Health Care REIT | 226 | 156 | 170 | 45% | -8% |
| Steris | 204 | 192 | 166 | 6% | 16% |
| Polyone | 199 | 141 | 93 | 41% | 52% |
| Scotts Miracle-Gro | 195 | 320 | 208 | -39% | 54% |
| Abercrombie & Fitch | 186 | 229 | 120 | -19% | 91% |
| Worthington Industries | 183 | 113 | (44) | 62% | 357% |
| Convergys | 182 | 123 | 96 | 48% | 28% |
| Cincinnati Financial | 176 | 501 | 582 | -65% | -14% |
| First Merit | 166 | 140 | 108 | 19% | 30% |
| Diebold | 164 | 174 | 124 | -6% | 40% |
| Lancaster Colony | 162 | 175 | 137 | -7% | 28% |
| Nacco Industries | 157 | 116 | 19 | 35% | 511% |
| Aleris Intl | 157 | 63 | (461) | 149% | 114% |
| American Greetings | 156 | 156 | 121 | 0% | 29% |
| Thor Industries | 153 | 171 | 33 | -11% | 418% |
| Applied Industrial Technologies | 153 | 105 | 103 | 46% | 2% |
| Andersons | 148 | 104 | 61 | 42% | 70% |
| Graftech Intl | 143 | 174 | 81 | -18% | 115% |
| DSW | 142 | 112 | (54) | 27% | 307% |
| Chemed | 141 | 134 | 121 | 5% | 11% |
| Momentive Specialty Chemicals | 135 | 103 | (100) | 31% | 203% |
| Cooper Tire | 134 | 160 | 116 | -16% | 38% |
| Park National | 117 | 75 | 97 | 56% | -23% |
| First Financial Bancorp | 105 | 92 | 12 | 14% | 667% |
| Cincinnati Bell | 94 | 114 | 154 | -18% | -26% |
| OM Group | 25 | 107 | 37 | -77% | 189% |
| AK Steel | 14 | (111) | (98) | 113% | -13% |
| State Auto Financial | (109) | 25 | (13) | -536% | 292% |
| Total 59 Remaining | 33,193 | 23,850 | 9,965 | 39% | 139% |
| Total all 60 | 48,382 | 38,897 | 24,378 | 24% | 60% |
Because there was such an incredible difference in total earnings growth of these 59 Remaining Ohio Largest Corps under Democratic State control (+139% in 2010) and under Republican State control (+39% in 2011 and +4% in the 1Q 2012), I decided to check out smaller Ohio Corps, which file with the SEC, in order to see if this same pattern holds, as it also did in Wisconsin.
Thus, I found 22 Ohio Corps filing with the SEC, which had Pretax Income or Pretax Loss of more than $40 mil in any of the most recent three years, and which weren't included in the 60 largest Ohio Corps. Thus, these 22 Smaller Ohio Corps also did not have Pretax Income or Pretax Loss of more than $100 mil in any of the most recent three years.
Now to the results of these 22 Smaller Ohio Corps.
The Total Pretax Income of these 22 Smaller Ohio Corps increased by only 5% in 2011 as compared with 2010. On the other hand, the Total Pretax Income in 2010 increased by an off-the-charts 188% over 2009.
This earnings growth pattern divergence of these 22 Smaller Ohio Corps was consistent with the earnings growth pattern divergence of the Remaining 59 Largest Ohio Corps. And Ohio's earnings growth pattern divergence was precisely what also happened in Wisconsin.
Thus clearly, Ohio Corps of all sizes performed substantially better in 2010 under Democratic State control than in 2011 under Republican State control......just precisely what happened in Wisconsin.
It is pretty clear to me that in 2010, a Democratic President, coupled with a US House and a US Senate both in Democratic hands, and also coupled with a US State Governor and US State Legislature both in Democratic hands, did wonders for corporate earnings growth in that year. With this political structure, economic stimulus, both much needed business income tax stimulus and wise, carefully-vetted investment spending, can occur on a robust scale.
The worse thing that can happen after a financial meltdown, and near depression, is a US government that just waits for the free markets to correct themselves.....a laissez-faire approach. The opposite to that wisely happened in 2009 and 2010.
But then in 2011 and the first half of 2012, the US government was unfortunately forced into a laissez-faire economic approach, due to the US Congress stopping nearly every economic initiative of the Obama Administration. The focus of the US Congress was almost singularly on austerity, when the improving, but still clearly struggling, US economy was shouting out for more economic stimulus.
Thus, things stopped to a walk on the US economic front when the US House switched to Republican control with the 2010 election, coupled with certain US States like Ohio and Wisconsin, also switching totally from Democratic to Republican control.
Case in point is Business Income Tax Reform, which the Obama Administration strongly supports, and which nearly all Republicans say they are behind. If the President's Framework for Business Income Tax Reform, presented more than three months ago, is strengthened by the US Congress and passed, I am pretty certain that all of the US economic problems, including US real GDP growth, US unemployment, US underemployment, and the US Deficit....would all be substantially improved, and on an ongoing sustainable basis over the long run.
However, the US House Ways and Means Committee must initiate the legislation on this critically needed Business Income Tax Reform. And what have they done so far? Absolutely nothing. I'm not kidding. On the other hand, if the US House was under Democratic control, I am pretty certain that this Business Income Tax Reform would have gotten out of the US House Ways and Means Committee by now and been placed on the US House Floor.
Instead, the Republicans in the US House are focused on attempting to pass an extension of the much lower Bush income tax rates on the wealthy, which increases the US Deficit by more than a trillion dollars over the next decade, and creates almost no US jobs. This continual off-focus approach to governing by the Republicans in the US House shows that they are clearly unfit to be reelected, due to either their gross incompetence on US economic issues, or to their only be interested in governing for the top 1% of the country.
On the other hand, when the President is a Democrat and the US House is in Democratic control, economic initiatives move forward, and they clearly did very robustly in 2009 and 2010.
Given the magnitude of the above Ohio corporate earnings growth numbers in 2010 vs. those subsequent to 2010, it is clearly in the economic interests of Ohio Corporations of all sizes and all Ohio citizens for a return to the 2010 days, when corporate earnings were on a tear. And the same goes for Wisconsin Corporations of all sizes and Wisconsin citizens. And frankly, the same goes for all US Corporations of all sizes and US citizens in all US States.
While substantial US job creation doesn't necessarily result from substantially higher corporate earnings, I can clearly tell you one thing.....lower corporate earnings will undoubtedly result in a significant loss of US jobs. To give a recent illustration, when Hewlett Packard recently announced down earnings, it also announced it will be cutting 27,000 jobs, or 8% of its workforce. And Ohio-based Procter & Gamble, just recently taking a $452 mil Restructuring Charge, has to mean a significant loss of US jobs.
In deriving Pretax Income for these 22 Smaller Ohio Corps, I start with Pretax Income under Generally Accepted Accounting Principles (GAAP), and then exclude several clearly unusual very large items relative to Pretax Income, such as Asset Impairments, and Gains and Losses on both Debt Retirements and Asset Dispositions.
First, here is the Ohio HQs and the SEC Standard Industrial Classification for each of these 22 Smaller Ohio Corps:
| Ohio Smaller Corps | Ohio HQs | SEC Standard Industrial Classification |
| Agilysys | Solon | Wholesale: Electronic Parts & Equipment |
| Air Transport Services | Wilmington | Air Courier Services |
| Associated Materials | Cuyahoga Falls | Plastic Products |
| Bob Evans Farms | Columbus | Retail: Eating Places |
| CBIZ | Cleveland | Services: Business Services |
| Cedar Fair LP | Sandusky | Services: Amusement & Recreation |
| Chart Industries | Garfield Heights | Fabricated Plate Work |
| Chiquita Brands | Cincinnati | Agriculture Products |
| Commercial Vehicle Group | New Albany | Motor Vehicle Parts & Accessories |
| Community Choice Financial | Dublin | Functions of Depository Banking |
| Ferro Corp | Mayfield Heights | Paints & Varnishes |
| Gorman Rupp | Mansfield | Pumps & Pumping Equipment |
| Invacare | Elyria | Orthopedic, Prosthetic & Surgical Appliances |
| M/I Homes | Columbus | Operative Builder |
| Materion | Mayfield Heights | Metal Forgings & Stampings |
| Meridian Bioscience | Cincinnati | In Vitro & In Vitro Diagnostic Substances |
| National Interstate Corp | Richfield | Fire, Marine & Casualty Insurance |
| Olympic Steel | Bedford Heights | Wholesale: Metals Service Centers |
| Performed Line Products | Cleveland | Water, Sewer, Pipeline & Power Line |
| Rex American Resources | Dayton | Industrial Organic Chemicals |
| A. Schulman | Akron | Plastics |
| Wendy's | Dublin | Retail: Eating Places |
And below here is the Pretax Income (PTI) or Pretax Loss of each of these 22 Smaller Ohio Corps in the most recent three years, along with their earnings growth in the two most recent years.
| Republican | Democratic | ||||
| State | State | ||||
| Control | Control | ||||
| PTI(L) | PTI(L) | ||||
| % | % | ||||
| Change | Change | ||||
| Total | Total | Total | 2011 | 2010 | |
| PTI(L) | PTI(L) | PTI(L) | vs | vs | |
| 2011 | 2010 | 2009 | 2010 | 2009 | |
| mils $s | mils $s | mils $s | |||
| Ohio Smaller Corps | |||||
| Cedar Fair LP | 84 | 72 | 27 | 17% | 167% |
| Bob Evans Farms | 80 | 96 | 84 | -17% | 14% |
| Invacare | 79 | 78 | 58 | 1% | 34% |
| Wendy's | 70 | 40 | (16) | 75% | 350% |
| Air Transport Services | 68 | 63 | 45 | 8% | 40% |
| Ferro Corp | 66 | 47 | (44) | 40% | 207% |
| A. Schulman | 65 | 46 | 12 | 41% | 283% |
| Chart Industries | 63 | 28 | 85 | 125% | -67% |
| Materion | 54 | 71 | (21) | -24% | 438% |
| National Interstate Corp | 51 | 45 | 60 | 13% | -25% |
| Rex American Resources | 48 | 28 | 15 | 71% | 87% |
| CBIZ | 47 | 45 | 52 | 4% | -13% |
| Performed Line Products | 46 | 30 | 21 | 53% | 43% |
| Gorman Rupp | 43 | 38 | 27 | 13% | 41% |
| Meridian Bioscience | 41 | 41 | 49 | 0% | -16% |
| Olympic Steel | 37 | 4 | (99) | 825% | 104% |
| Community Choice Financial | 30 | 53 | 38 | -43% | 39% |
| Commercial Vehicle Group | 29 | 5 | (47) | 480% | 111% |
| Agilysys | (15) | (2) | (51) | -650% | 96% |
| Chiquita Brands | (25) | 27 | 91 | -193% | -70% |
| M/I Homes | (34) | (27) | (93) | -26% | 71% |
| Associated Materials | (59) | (3) | (7) | -1867% | 57% |
| Total all 22 | 868 | 825 | 286 | 5% | 188% |
