From a review of US SEC filings, there were 5 Companies headquartered
in the Elkhart/South Bend Area with a stock market cap of more than $100 mil
recently.
My focus is on Pretax Income rather than on After-Tax Net Income
because Income Taxes are simply a transfer of financial wealth between US
Corporations and the US Federal, US State and Foreign Governments. It has
nothing whatsoever to do with Company Operating Performance.
From a review of SEC filings, the chart below shows the Audited
Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the
Fiscal Years Ended 2017, 2016 and 2015 for these 5 fine Elkhart/South Bend Area
Companies.
| FYE | FYE | FYE | 2017 | 2016 | |||||
| 2017 | 2016 | 2015 | Better | Better | |||||
| Audited | Audited | Audited | (Worse) | (Worse) | |||||
| Pretax | Pretax | Pretax | Than | Than | |||||
| Elkhart/South Bend Area Companies | Income | Income | Income | 2016 | 2015 | ||||
| Stock Market Caps Above $100 Mil | 2017 | (Loss) | (Loss) | (Loss) | % | % | |||
| FYE | $ mils | $ mils | $ mils | Change | Change | ||||
| Thor Industries Inc | Elkhart | IN | Jul 17 | 556 | 383 | 293 | 45% | 31% | |
| LCI Industries | Elkhart | IN | Dec 17 | 213 | 199 | 114 | 7% | 75% | |
| Patrick Industries Inc | Elkhart | IN | Dec 17 | 113 | 84 | 66 | 35% | 27% | |
| 1st Source Corp | South Bend | IN | Dec 17 | 101 | 89 | 89 | 13% | 0% | |
| Skyline Champion Corp | Elkhart | IN | May 18 | 43 | 28 | 13 | 54% | 115% | |
| Total all 5 Elkhart/South Bend Area Cos | 1,026 | 783 | 575 | 31% | 36% |
