Then in 2017, Donald Trump's First Year in
Office, these same very well-run Evansville, Indiana Companies Generated
Audited Total Pretax Income which increased by a much lower for them but still
solid 10% from that in 2016.
........................................................................................
From a review of US SEC filings, there were 6 Companies headquartered
in Evansville, Indiana 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 6 Evansville, Indiana Companies.
| FYE | FYE | FYE | 2017 | 2016 | |||||
| 2017 | 2016 | 2015 | Better | Better | |||||
| Audited | Audited | Audited | (Worse) | (Worse) | |||||
| Pretax | Pretax | Pretax | Than | Than | |||||
| Evansville, Indiana Companies | Most | Income | Income | Income | 2016 | 2015 | |||
| Stock Market Caps Above $100 Mil | Recent | (Loss) | (Loss) | (Loss) | % | % | |||
| FYE | $ mils | $ mils | $ mils | Change | Change | ||||
| Berry Plastics Group | Evansville | IN | Sep 17 | 449 | 308 | 122 | 46% | 152% | |
| OneMain Holdings | Evansville | IN | Dec 17 | 431 | 356 | (226) | 21% | 258% | |
| Vectren | Evansville | IN | Dec 17 | 262 | 325 | 297 | -19% | 9% | |
| Old National Bancorp | Evansville | IN | Dec 17 | 169 | 200 | 163 | -16% | 23% | |
| Shoe Carnival | Evansville | IN | Jan 18 | 37 | 38 | 47 | -3% | -19% | |
| Escalade Inc | Evansville | IN | Dec 17 | 16 | 16 | 16 | 0% | 0% | |
| Total all 6 Evansville Cos | 1,364 | 1,243 | 419 | 10% | 197% |
