Thus, I think it might be helpful to research how the South Carolina Headquartered Companies have performed on the earnings front during the Obama Administration.
From a review of the very fine Google Finance Website and of company financial statements in the US SEC website, I found the 20 Companies headquartered in South Carolina, all with Stock Market Capitalizations now of more than $100 Mil and which also have filed their fiscal year 2015 annual financial statements with the SEC. Traditional Regulated Utilities were excluded.
Below here are the reported Audited Earnings (Losses) From Continuing Operations of each of these 20 South Carolina Companies for all years reported from 2007 through 2015 where the amounts were presented and in a consistent manner:
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||
Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | |||
Recent | Net | Net | Net | Net | Net | Net | Net | Net | Net | |||
ST | 2015 | Income | Income | Income | Income | Income | Income | Income | Income | Income | ||
South Carolina Company | City HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
Sonoco Products Co | Hartsville | SC | Dec15 | 251 | 227 | 211 | 195 | 219 | 202 | 155 | 157 | 212 |
Domtar Corp | Fort Mill | SC | Dec15 | 142 | 431 | 91 | 172 | 365 | 605 | 310 | (573) | 70 |
AVX Corp | Fountain Inn | SC | Mar16 | 102 | 226 | 127 | (64) | 153 | 244 | 143 | 81 | 149 |
South State Corp | Columbia | SC | Dec15 | 99 | 75 | 49 | 30 | 23 | 52 | 14 | 16 | 22 |
World Acceptance Corp | Greenville | SC | Mar16 | 87 | 111 | 107 | 104 | 101 | 91 | 74 | 56 | 50 |
Ingevity | North Charleston | SC | Dec15 | 85 | 133 | 118 | 122 | |||||
ScanSource Inc | Greenville | SC | Jun16 | 64 | 65 | 82 | 35 | 74 | 74 | 49 | 48 | 56 |
Denny's Corp | Spartanburg | SC | Dec15 | 36 | 33 | 25 | 22 | 112 | 23 | 42 | 13 | 30 |
Blackbaud Inc | Charleston | SC | Dec15 | 26 | 28 | 30 | 7 | 33 | 29 | 28 | 29 | 30 |
Regional Management Corp | Greenville | SC | Dec15 | 23 | 15 | 29 | 25 | 21 | 16 | 10 | 6 | 3 |
Carolina Financial Corp | Charleston | SC | Dec15 | 14 | 8 | 17 | 17 | (1) | (13) | 7 | ||
Southern First Bancshares | Greenville | SC | Dec15 | 10 | 7 | 5 | 4 | 2 | 1 | 1 | 2 | 3 |
Delta Apparel Inc | Greenville | SC | Sep15 | 8 | (1) | 9 | (2) | 17 | 12 | 6 | (1) | 6 |
First Community Corp | Lexington | SC | Dec15 | 6 | 5 | 4 | 4 | 3 | 2 | (25) | (7) | 4 |
Oconee Federal Financial | Seneca | SC | Jun16 | 5 | 5 | 4 | 4 | 4 | 2 | 3 | 2 | 1 |
HCSB Financial | Loris | SC | Dec15 | (0) | (0) | 2 | (10) | (29) | (17) | (1) | 2 | 2 |
Royal Energy Resources | Charleston | SC | Aug15 | (1) | (1) | (0) | (0) | (0) | (1) | (2) | (0) | |
Kemet Corp | Simpsonville | SC | Mar16 | (54) | (20) | (65) | (79) | (2) | 58 | (69) | (285) | (25) |
Benefitfocus Inc | Charleston | SC | Dec15 | (62) | (63) | (30) | (15) | (15) | (2) | |||
3D Systems Corp | Rock Hill | SC | Dec15 | (664) | 12 | 44 | 39 | 35 | 20 | 1 | (6) | (7) |
Total all 20 | 177 | 1,296 | 859 | 610 | 1,115 | 1,399 | 746 | (460) | 606 | |||
2 Years 2014-5 Total Earnings | 1,473 | |||||||||||
2 Years 2008-9 Total Earnings | 286 | |||||||||||
….. % Increase | 415% |