Thursday, April 21, 2016

All 65 Indiana Publicly-Held Companies Generated Annual 2015 Audited US GAAP Earnings Which Were Down 12% From That in 2014 and Down 21% From That in 2013 ..... The Republican and Democratic Political Establishments Did Not Execute in Creating a Favorable Economic Environment Which Would Have Permitted Indiana Companies, Their Employees and Their Families To Thrive Economically in Either 2015 or in 2014

From both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Overwhelmingly Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and 2014 for each of the 65 Publicly-Held Indiana HQed Companies which also have reported their 2015 financial statements with the SEC:




 Annual   Annual     




2015 2014




Net Net Increase Increase


Most Income Income (Decrease) (Decrease)
City State Recent (Loss) (Loss) Amount %
All Indiana Publicly-Held Companies HQs HQs FYE  $ mils  $ mils  $ mils








OneMain Holdings Inc Evansville IN Dec 15           (122)            608           (730)
Zimmer Biomet Holdings Warsaw IN Dec 15            146            719           (573)
Cummins Columbus IN Dec 15         1,470         1,736           (266)
Steel Dynamics Inc Fort Wayne IN Dec 15           (145)              92           (237)
Emmis Communications Corp Indianapolis IN Feb 15             (96)              49           (145)
hhgregg Inc Indianapolis IN Mar 15           (133)                0           (133)
Republic Airways Holdings Inc Indianapolis IN Dec 15             (27)              64             (91)
Mead Johnson Nutrition Evansville IN Dec 15            655            729             (74)
Finish Line Inc Indianapolis IN Feb 16              22              80             (58)
Cardinal Ethanol LLC Union City IN Sep 15              39              87             (48)
Allison Transmission Holdings Indianapolis IN Dec 15            182            229             (47)
Endocyte West Lafayette IN Dec 15             (41)                5             (46)
Allegion PLC Carmel IN Dec 15            155            184             (29)
Calumet Specialty Products Partners LP Indianapolis IN Dec 15           (139)           (112)             (27)
Duke Realty Corp Indianapolis IN Dec 15            189            216             (27)
CTS Corp Elkhart IN Dec 15                7              27             (20)
Hill-Rom Holdings Inc Batesville IN Sep 15              47              61             (14)
Vera Bradley Inc Roanoke IN Jan 16              28              41             (13)
Baldwin & Lyons Inc Carmel IN Dec 15              23              30               (7)
Accuride Corporation Evansville IN Dec 15               (8)               (2)               (6)
First Financial Corp Terre Haute IN Dec 15              30              34               (4)
1st Source Corp South Bend IN Dec 15              57              58               (1)
Escalade Evansville IN Dec 15              12              13               (1)
First Capital Inc Corydon IN Dec 15                5                6               (1)
Noble Romans Indianapolis IN Dec 15                1                2               (1)
Anthem Indianapolis IN Dec 15         2,560         2,560               -  
ITT Educational Services Carmel IN Dec 15              23              23               -  
Hurco Companies Inc Indianapolis IN Oct 15              16              15                1
Kimball Electronics Inc Jasper IN Jun 15              26              25                1
LaPorte Bancorp Laporte IN Dec 15                5                4                1
MutualFirst Financial Muncie IN Dec 15              12              11                1
Northwest Indiana Bancorp Munster IN Dec 15                8                7                1
Your Community Bankshares Inc New Albany IN Dec 15              10                9                1
United Community Bancorp Lawrenceburg IN Jun 15                3                2                1
West End Indiana Bancshares Richmond IN Dec 15                2                1                1
German American Bancorp Inc Jasper IN Dec 15              30              28                2
Hillenbrand Inc Batesville IN Sep 15            113            111                2
Lakeland Financial Corp Warsaw IN Dec 15              46              44                2
Bioanalytical Systems West Lafayette IN Sep 15                1               (1)                2
First Savings Financial Group Clarksville IN Sep 15                7                5                2
Franklin Electric Co Fort Wayne IN Dec 15              74              71                3
Horizon Bancorp Michigan City IN Dec 15              21              18                3
Shoe Carnival Inc Evansville IN Jan 16              29              26                3
Skyline Corp Elkhart IN May 15               (4)               (7)                3
First Internet Bancorp Fishers IN Dec 15                9                4                5
First Merchants Corp Muncie IN Dec 15              65              60                5
Supreme Industries Goshen IN Dec 15              13                8                5
Celadon Group Inc Indianapolis IN Jun 15              37              31                6
MainSource Financial Group Inc Greensburg IN Dec 15              36              29                7
Kimball Intl Inc Jasper IN Jun 15              11                3                8
Stonegate Mortgage Indianapolis IN Dec 15             (16)             (25)                9
Patrick Industries Inc Elkhart IN Dec 15              42              31              11
Drew Industries Inc Elkhart IN Dec 15              74              62              12
Old National Bancorp Evansville IN Dec 15            117            104              13
Eli Lilly Indianapolis IN Dec 15         2,408         2,391              17
Interactive Intelligence Group Inc Indianapolis IN Dec 15             (22)             (41)              19
Angie's List Inc Indianapolis IN Dec 15              10             (12)              22
Berry Plastics Group Evansville IN Sep 15              86              63              23
Haynes Intl Inc  Kokomo  IN Sep 15              30                4              26
Thor Industries Elkhart IN Jul 15            202            176              26
Kite Realty Group Trust Indianapolis IN Dec 15              25             (16)              41
Wabash National Corp Lafayette IN Dec 15            104              61              43
KAR Auction Services Carmel IN Dec 15            215            169              46
CNO Financial Group Carmel IN Dec 15            271              51            220
Simon Property Group Indianapolis IN Dec 15         2,139         1,622            517








Total all 65


      11,195       12,683        (1,488) -12%

And from both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Overwhelmingly Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and for 2013 for each of the 65 Publicly-Held Indiana HQed Companies which also have reported their 2015 financial statements with the SEC:




 Annual   Annual     




2015 2013




Net Net Increase Increase


Most Income Income (Decrease) (Decrease)
City State Recent (Loss) (Loss) Amount %
All Indiana Publicly-Held Companies HQs HQs FYE  $ mils  $ mils  $ mils








Eli Lilly Indianapolis IN Dec 15         2,408         4,685        (2,277)
Zimmer Biomet Holdings Warsaw IN Dec 15            146            779           (633)
Steel Dynamics Inc Fort Wayne IN Dec 15           (145)            164           (309)
OneMain Holdings Inc Evansville IN Dec 15           (122)              94           (216)
CNO Financial Group Carmel IN Dec 15            271            478           (207)
hhgregg Inc Indianapolis IN Mar 15           (133)              25           (158)
Calumet Specialty Products Partners LP Indianapolis IN Dec 15           (139)                4           (143)
Cummins Columbus IN Dec 15         1,470         1,588           (118)
Emmis Communications Corp Indianapolis IN Feb 15             (96)               (2)             (94)
Republic Airways Holdings Inc Indianapolis IN Dec 15             (27)              48             (75)
Anthem Indianapolis IN Dec 15         2,560         2,634             (74)
Hill-Rom Holdings Inc Batesville IN Sep 15              47            105             (58)
Finish Line Inc Indianapolis IN Feb 16              22              75             (53)
Stonegate Mortgage Indianapolis IN Dec 15             (16)              23             (39)
Mead Johnson Nutrition Evansville IN Dec 15            655            689             (34)
Interactive Intelligence Group Inc Indianapolis IN Dec 15             (22)              10             (32)
Vera Bradley Inc Roanoke IN Jan 16              28              60             (32)
Endocyte West Lafayette IN Dec 15             (41)             (18)             (23)
Baldwin & Lyons Inc Carmel IN Dec 15              23              37             (14)
Franklin Electric Co Fort Wayne IN Dec 15              74              83               (9)
First Financial Corp Terre Haute IN Dec 15              30              32               (2)
Escalade Evansville IN Dec 15              12              13               (1)
Noble Romans Indianapolis IN Dec 15                1                1               -  
Bioanalytical Systems West Lafayette IN Sep 15                1                1               -  
First Capital Inc Corydon IN Dec 15                5                5               -  
United Community Bancorp Lawrenceburg IN Jun 15                3                3               -  
LaPorte Bancorp LaPorte IN Dec 15                5                4                1
Horizon Bancorp Michigan City IN Dec 15              21              20                1
Northwest Indiana Bancorp Munster IN Dec 15                8                7                1
Your Community Bankshares Inc New Albany IN Dec 15              10                9                1
West End Indiana Bancshares Richmond IN Dec 15                2                1                1
Shoe Carnival Inc Evansville IN Jan 16              29              27                2
Supreme Industries Goshen IN Dec 15              13              11                2
1st Source Corp South Bend IN Dec 15              57              55                2
First Savings Financial Group Clarksville IN Sep 15                7                5                2
MutualFirst Financial Muncie IN Dec 15              12                9                3
First Internet Bancorp Fishers IN Dec 15                9                5                4
Kimball Electronics Inc Jasper IN Jun 15              26              22                4
CTS Corp Elkhart IN Dec 15                7                2                5
German American Bancorp Inc Jasper IN Dec 15              30              25                5
Skyline Corp Elkhart IN May 15               (4)             (11)                7
Lakeland Financial Corp Warsaw IN Dec 15              46              39                7
Hurco Companies Inc Indianapolis IN Oct 15              16                8                8
Haynes Intl Inc Kokomo IN Sep 15              30              22                8
Celadon Group Inc Indianapolis IN Jun 15              37              27              10
MainSource Financial Group Inc Greensburg IN Dec 15              36              26              10
Cardinal Ethanol LLC Union City IN Sep 15              39              26              13
Old National Bancorp Evansville IN Dec 15            117            101              16
Allison Transmission Holdings Indianapolis IN Dec 15            182            165              17
Accuride Corporation Evansville IN Dec 15               (8)             (26)              18
Patrick Industries Inc Elkhart IN Dec 15              42              24              18
Kimball Intl Inc Jasper IN Jun 15              11               (7)              18
First Merchants Corp Muncie IN Dec 15              65              45              20
Drew Industries Inc Elkhart IN Dec 15              74              50              24
Kite Realty Group Trust Indianapolis IN Dec 15              25               (1)              26
Berry Plastics Group Evansville IN Sep 15              86              57              29
Angie's List Inc Indianapolis IN Dec 15              10             (33)              43
Hillenbrand Inc Batesville IN Sep 15            113              65              48
Thor Industries Elkhart IN Jul 15            202            153              49
ITT Educational Services Carmel IN Dec 15              23             (27)              50
Wabash National Corp Lafayette IN Dec 15            104              47              57
Allegion PLC Carmel IN Dec 15            155              48            107
Duke Realty Corp Indianapolis IN Dec 15            189              60            129
KAR Auction Services Carmel IN Dec 15            215              68            147
Simon Property Group Indianapolis IN Dec 15         2,139         1,367            772








Total all 65


      11,195       14,111        (2,916) -21%