Tuesday, October 27, 2015

The 100 Even Smaller US Companies (#1701 - #1800) With Market Caps $0.888 Bil to $1.020 Bil 2013-14 Two-Year Total Audited Earnings Were $7.512 Bil, an Earnings Improvement of $13.663 Bil From the Two-Year 2008-09 Total Audited Losses of $6.151 Bil ..... It's Mainly on the Obama Administration and the US Fed

From a review of the superb Google Finance Website and audited financial statements at the excellent SEC Website, presented below are the 100 even smaller (#1701 through #1800) US Companies in current stock market capitalization which also had annual earnings numbers reported for all years from 2010 through 2014.  These 100 Companies had their stock market caps range from $0.888 bil to $1.020 bil.

I excluded all US Utility Companies.
 
How have these 100 smaller US Companies recovered from the 2008-9 worldwide financial meltdown?  Well, miraculously off-the-charts.  Their Total Audited Earnings From Continuing Operations for the Two Years 2013-2014 were $7.512 bil, a huge $13.663 bil Earnings Improvement from the $6.151 bil Total Audited Losses in the Two Years 2008-9.


It is pretty clear to me that the major drivers of this wholescale, massive earnings recovery were prescient steps taken by the Obama Administration and by the US Fed.
   

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations for each of  these 100 smaller  US Companies for all years reported from 2007 through 2014, presented in order of stock market cap:





2014 2013 2012 2011 2010 2009 2008 2007




Audited Audited Audited Audited Audited Audited Audited Audited



Most Net Net Net Net Net Net Net Net
City State Recent Income Income Income Income Income Income Income Income
US Largest Companies: #1701-1800 HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils












First Merchants Corp Muncie IN Dec14             60             45             45             25               7           (41)             21             32
OM Group Inc Cleveland OH Dec14         (172)           (74)           (45)             47             78           (22)           156           122
Southwestern Energy Co Spring TX Dec14           924           704         (707)           638           604           (36)           569           222
Foresight Energy LP St Louis MO Dec14           139             11           126             82             50             14             44           (35)
Albany Intl Rochester NH Dec14             42             18           (41)             21             27           (21)           (92)             11
Nortek Inc Providence RI Dec14           (46)             (8)             10           (56)           (13)         (427)         (781)             32
MPM Holdings Inc New York NY Dec14         (347)         (464)         (365)         (140)           (63)           (42)

State Auto Financial Corp Columbus OH Dec14           107             61             11         (161)             24             10           (31)           119
Hines Real Estate Houston TX Dec14             48             44           (90)           (65)           (62)               1         (162)           (86)
SkyWest Inc St George UT Dec14           (24)             59             51           (27)             96             84           113           159
Martin Midstream Partners LP  Kilgore  TX Dec14             (6)           (15)             37             13             19             22             44             33
Barnes & Noble Inc  New York  NY Apr15             37           (47)         (158)           (65)           (69)             37             85           135
Andersons Inc  Maumee  OH Dec14           123             96             76             97             65             40             30             67
American Railcar Industries  St Charles  MO Dec14           100             87             64               4           (27)             15             31             37
EnPro Industries Inc  Charlotte  NC Dec14             22             27             41             44             61         (144)             33             17
Encore Capital Group Inc  San Diego  CA Dec14           100             75             79             61             47             33             14             12
BancFirst Corp  Oklahoma City  OK Dec14             64             54             52             46             42             33             44             53
Capstead Mortgage Corp  Dallas  TX Dec14           141           126           164           160           127           129           126             25
Insight Enterprises  Tempe  AZ Dec14             76             71             93           100             75             34         (240)             69
Astronics Corp  East Aurora  NY Dec14             56             27             22             22             15             (4)               8             15
Ingles Markets Inc  Asheville  NC Dec14             51             21             43             39             31             28             52             59
Rogers Corp  Rogers  CT Dec14             53             38             69             44             39           (59)             24             21
Ebix Inc  Johns Creek  GA Dec14             64             59             71             71             59             39             27             13
ESCO Technologies Inc  St Louis  MO Sep14             43             31             35             53             45             49             48             31
Apollo Commercial Real Estate Finance Inc  New York  NY Dec14             83             52             40             26             11             (2)

Barracuda Networks Inc  Campbell  CA Feb15           (67)             (4)             (8)             (0)               2               5               5
Loral Space & Communications Ltd  New York  NY Dec14             (1)             21           100             53           388           232         (693)             53
GSM Specialty Metals Inc  Miami  FL Jun15             35             26           (20)             58             57             34           (45)             36
Xoom Corp  San Francisco  CA Dec14           (26)               6             (6)             (4)             (6)             (5)             (9)           (11)
Virtus Investment Partners Inc  Hartford  CT Dec14             97             77             38           145             10             (6)         (529)           (14)
US Ecology Inc  Boise  ID Dec14             38             32             26             18             13             14             21             19
MTS Systems Corp  Eden Prairie  MN Sep14             42             58             52             51             19             17             49             42
Abaxis Inc  Union City  CA Mar15             21             16             31             16             15             13             12             13
Rush Enterprises Inc  New Braunfels  TX Dec14             80             49             62             55             25               5             25             46
Smith & Wesson Holding Corp  Springfield  MA Apr15             50             89             81             26               8             22           (64)               9
ImmunoGen Inc  Waltham  MA Jun15           (61)           (71)           (73)           (73)           (58)           (51)           (32)           (32)
Magnum Hunter Resources Corp  Irving  TX Dec14         (138)         (232)         (129)           (87)           (20)           (16)             (9)             (6)
Scientific Games Corp  Las Vegas  NV Dec14         (234)           (26)           (44)             (6)         (144)           (40)             (4)             53
Ameris Bancorp  Moultrie  GA Dec14             39             20             14             21             (4)           (42)             (4)             15
Terreno Realty Corp  San Francisco  CA Dec14             11               2             (2)             (6)             (6)


InvenSense Inc  San Jose  CA Mar15             (1)               6             52             37               9             15               0             (7)
MiMedx Group Inc  Marietta  GA Dec14               6             (4)             (8)           (10)           (11)             (8)           (12)           (17)
TherapeuticsMD Inc  Boca Raton  FL Dec14           (54)           (28)           (35)           (13)             (3)             (2)

Bob Evans Farms Inc  New Albany  OH Apr15             17             31             83             70             56             70             (5)             65
Ultra Petroleum Corp  Houston  TX Dec14           543           238      (2,177)           453           464         (451)           414           180
Bio-Reference Laboratories Inc  Elmwood Park  NJ Oct14             47             46             42             36             26             22             16             14
Stewart Information Services Corp  Houston  TX Dec14             38             73           119               9             (5)           (42)         (242)           (28)
New Senior Investment Group Inc  New York  NY Dec14           (46)           (30)             (7)               4               2               2

Boston Private Financial Holding Inc  Boston  MA Dec14             67             67             49             36           (12)             16         (193) 10
Erin Energy Corp  Houston  TX Dec14           (96)           (43)           (30)           (25)         (230)           (11)             (5)             (2)
Benefitfocus Inc  Charleston  SC Dec14           (63)           (30)           (15)           (15)             (2)


Flotek Industries Inc  Houston  TX Dec14             54             36             50             31           (43)           (50)           (34)             17
Infiblox Inc  Santa Clara  CA Jul15           (27)           (24)             (4)             (8)             (5)               7           (10)           (11)
StoneMor Partners LP  Levittown  PA Dec14           (11)           (19)             (3)           (10)             (1)             (4)               5               3
United Fire Group Inc  Cedar Rapids  IA Dec14             59             76             40               0             48           (10)           (13)           111
Rovi Corp  Santa Clara  CA Dec14           (14)             21           (20)               8           227           (18)             15             40
Callidus Software Inc  Dublin  CA Dec14           (12)           (21)           (28)           (16)           (13)           (18)           (14)           (13)
CEC Entertainment Inc  Irving  TX Dec14           (61)             48             44             55             54             61             56             56
Clearwater Paper Corp  Spokane  WA Dec14             (2)           107             64             40             74           182             10             25
Infinity Property and Casualty Corp  Birmingham  AL Dec14             57             33             24             42             91             71             19             72
BroadSoft Inc  Gaithersburg  MD Dec14               1             (9)             12             32               8             (8)           (11)             (2)
8X8 Inc  San Jose  CA Mar15               2               3             14             69               6               4             (3)               0
Remy Intl  Pendleton  IN Dec14               6             16           122             75             21             14             (4)         (104)
Endologix Inc  Irvine  CA Dec14           (32)           (16)           (36)           (29)             11             (2)           (12)           (15)
Federal Signal Corp  Oak Brook  IL Dec14             63           160             22             13           (74)             20             29             35
HMS Holdings Corp  Irving  TX Dec14             14             40             51             48             40             30             21             15
Vitamin Shoppe Inc  North Bergen  NJ Dec14             61             67             61             45             29             13               8               7
Chatham Lodging Trust  Palm Beach  FL Dec14             67               3             (1)             (9)             (1)


Denny's Corp  Spartanburg  SC Dec14             33             25             22           112             23             42             13             30
Briggs & Stratton Corp  Wauwatosa  WI Dec14             46             28           (34)             29             24             37             32             23
TPG Specialty Lending Inv  Fort Worth  TX Dec14             85             67             40               1             -  


Linn Energy LLC  Houston  TX Dec14         (452)         (691)         (387)           438         (114)         (296)           826         (356)
National HealthCare Corp  Murfreesboro  TN Dec14             53             65             59             65             53             40             36             45
Greenlight Capital Re Ltd  New York  NY Dec14           110           226             15               7             91           210         (121)             35
Ambac Financial Group Jnc  New York  NY Dec14           484        1,107         (259)      (1,960)         (753)           (15)      (5,609)      (3,256)
Quality Systems  Irvine  CA Mar15             27             16             43             76             62             48             46             40
TiVo Inc  San Jose  CA Jan15             31           272             (5)           102           (85)           (23)           104           (32)
USA Compression Partners LP  Austin  TX Dec14             25             11               5               0             10             21             21               7
Ocwen Financial Corp  West Palm Beach  FL Dec14         (470)           310           181             78             34             (3)             19             39
Monotype Imaging Holdings Inc  Woburn  MA Dec14             33             31             29             23             18             13             15               9
Green Dot Corp  Pasadena  CA Dec14             43             34             47             52             42             37             17               5
Cray Inc  Seattle  WA Dec14             62             32           161             14             15             (1)           (41)           (11)
Calgon Carbon Corp  Moon Township  PA Dec14             49             46             23             39             35             39             29             14
Babcock & Wilcox Enterprises   Charlotte  NC Dec14           (27)           175           141             59             83


Compass Diversified Holdings  Westport  CT Dec14           291             79               6           (33)           (66)               2             (8)             (3)
Walker & Dunlop Inc  Bethesda  MD Dec14             51             42             34             35               8             40             14             16
Lifelock Inc  Tempe  AZ Dec14               2             54             24             (4)           (15)           (59)           (58)           (35)
PJT Partners Inc  New York  NY Dec14               4           (17)           (43)           (43)           (28)


Encore Wire Corp  McKinney   TX Dec14             37             47             20             50             15               4             40             31
Safety Insurance Group  Boston  MA Dec14             59             61             58             14             56             54             70             87
Ollie's Bargain Outlet Holdings Inc  Harrisburg  PA Dec14             27             20             13             17             19


Aceto Corp  Port Washington  NY Jun15             33             29             22             17               9               7               9             13
Central Garden & Pet Co  Walnut Creek  CA Sep14             10             (1)             22             28             48             68         (267)             34
Inland Real Estate Corp  Oak Brook  IL Dec14             38           100             15             (9)             (1)               6             29             39
iRobot Corp  Bedford  MA Dec14             38             28             17             40             26               3               1               9
Civitas Solutions Inc  Boston  MA Dec14           (21)           (16)           (15)           (40)           (13)             (8)

US Silica Holdings Inc  Frederick  MD Dec14           122             75             79             30             11               6             17             (7)
Kronos Worldwide Inc  Dallas  TX Dec14             99         (102)           219           321           131           (35)               9           (67)
Valhi Inc  Dallas  TX Dec14             80         (127)           222           295             64           (38)               5           (49)
ACCO Brands Corp  Lake Zurich  IL Dec14             92             77           117             19               8         (119)         (255)             31












Total all 100


       3,401        4,111         (779)        2,186        2,163           (65)      (6,086)      (1,472)












Two Year Earnings (Losses) Totals:










….. 2013-14


       7,512






….. 2008-9


     (6,151)






………. Two Year Earnings Improvement

     13,663