Sunday, May 1, 2016

The 40 Publicly-Held Indiana Non-Financial Companies Had Their Total Audited Earnings Just Crushed in Both 2015 and 2014: 2015 Total Audited Earnings Down 21% From 2014, Down 37% From 2013, Down 39% From 2012, Down 36% From 2011 and Down 31% From 2010 ..... The Republican and Democratic Political Establishments Did Not Even Come Close To Creating a Favorable Economic Environment Which Would Have Permitted These Non-Financial Indiana Companies, Their Employees and Their Families To Thrive Economically in Either 2015 or in 2014 ..... The One Exception Being In The South Bend/Elkhart Area

From both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and for each of earlier Years of 2010-2014 for each of the 40 Publicly-Held Non-Financial  Indiana HQed Companies:



 Annual   Annual   Annual   Annual   Annual   Annual 




2015 2014 2013 2012 2011 2010




Net Net Net Net Net Net


Most Income Income Income Income Income Income
All Publicly-Held City State Recent (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
Non-Financial Indiana Companies HQs HQs FYE  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils










Indianapolis Area Companies








Eli Lilly Indianapolis IN Dec 15       2,408       2,391       4,685       4,089       4,348       5,070
KAR Auction Services Carmel IN Dec 15          215          169            68            92            72            70
Allison Transmission Holdings Indianapolis IN Dec 15          182          229          165          514          103            30
Allegion PLC Carmel IN Dec 15          155          184            48          230          232          201
Celadon Group Inc Indianapolis IN Jun 15            37            31            27            26            15              4
ITT Educational Services Carmel IN Dec 15            23            23          (27)          139          309          375
Finish Line Inc Indianapolis IN Feb 16            22            80            75            69            85            69
Hurco Companies Inc Indianapolis IN Oct 15            16            15              8            16            11            (6)
Angie's List Inc Indianapolis IN Dec 15            10          (12)          (33)          (53)          (49)          (27)
Noble Romans Indianapolis IN Dec 15              1              2              1              1              2              2
Interactive Intelligence Group Inc Indianapolis IN Dec 15          (22)          (41)            10              1            15            15
Republic Airways Holdings Inc Indianapolis IN Dec 15          (27)            64            48            31          (93)            48
Emmis Communications Corp Indianapolis IN Feb 15          (96)            49            (2)            36            (3)          (87)
hhgregg Inc Indianapolis IN Mar 15        (133)              0            25            81            48            39
Calumet Specialty Products Partners LP Indianapolis IN Dec 15        (139)        (112)              4          206            43            17










Total all 15 Indianapolis Area


      2,652       3,072       5,102       5,478       5,138       5,820










Evansville Companies








Mead Johnson Nutrition Evansville IN Dec 15          655          729          689          588          519          458
Berry Plastics Group Evansville IN Sep 15            86            63            57              2        (299)        (113)
Shoe Carnival Inc Evansville IN Jan 16            29            26            27            29            26            27
Escalade Evansville IN Dec 15            12            13            13            11              4              6
Accuride Corporation Evansville IN Dec 15            (8)            (2)          (26)        (173)          (18)          (83)










Total all 5 Evansville


         774          829          760          457          232          295










South Bend/Elkhart Area Companies








Thor Industries Elkhart IN Jul 15          202          176          152          111            92            91
Drew Industries Inc Elkhart IN Dec 15            74            62            50            37            30            28
Patrick Industries Inc Elkhart IN Dec 15            42            31            24            28              8              1
Supreme Industries Goshen IN Dec 15            13              8            11            12              3          (10)
CTS Corp Elkhart IN Dec 15              7            27              2            13            11            18
Skyline Corp Elkhart IN May 15            (4)            (7)          (11)          (19)          (27)          (29)










Total all 6 South Bend/Elkhart Area


334 297 228 182  117  99










Fort Wayne Area Companies








Franklin Electric Co Fort Wayne IN Dec 15            74            71            83            84            64            40
Vera Bradley Inc Roanoke IN Jan 16            28            41            60            72            62            46
Steel Dynamics Inc Fort Wayne IN Dec 15        (145)            92          164          142          266          130










Total all 3 Fort Wayne Area


         (43)          204          307          298          392          216










Smaller Indiana City Companies








Cummins Columbus IN Dec 15       1,470       1,736       1,588       1,738       1,946       1,140
Zimmer Biomet Holdings Warsaw IN Dec 15          146          719          779          753          760          597
Hillenbrand Inc Batesville IN Sep 15          113          111            65          105          106            92
Wabash National Corp Lafayette IN Dec 15          104            61            47          106            15        (142)
Hill-Rom Holdings Inc Batesville IN Sep 15            47            61          105          121          134          126
Cardinal Ethanol LLC Union City IN Sep 15            39            87            26              2            26            20
Haynes Intl Inc Kokomo IN Sep 15            30              4            22            50            31              9
Kimball Electronics Inc Jasper IN Jun 15            26            25            22            24              4 NA
Kimball Intl Inc Jasper IN Jun 15            11              3            (7)              2            (3) NA
Bioanalytical Systems West Lafayette IN Sep 15              1            (1)              1            (6)            (1)            (3)
Endocyte West Lafayette IN Dec 15          (41)              5          (18)          (17)          (41)          (20)










Total all 11 Smaller Indiana Cities


      1,946       2,811       2,630       2,878       2,977       1,819










Grand Total all 40 Indiana Non-Financial Companies

      5,663       7,213       9,027       9,293       8,856       8,249










2015 Total Earnings % Decline From:








……….2014


-21%




……….2013


-37%




……….2012


-39%




……….2011


-36%




……….2010


-31%