Monday, April 30, 2012

California Corporate 2011 Annual Earnings On Fire Under Obama: Preliminary Part One

I found an incredibly large number of Corporations…..180 in total…..headquartered in California, which file with the SEC, and which had Pretax Income or Pretax Loss of more than $100 mil in any of the most recent three fiscal years.

Included in these 180 California Corps are 7 Foreign Corps with substantial operations in California.  Here is the relevant location information related to these 7 Foreign Corps:


Corporation
Foreign Country
Earnings Release Location
CPA Firm Location




Herbalife, Ltd
Cayman Islands
Los Angeles, CA
Los Angeles, CA
Jazz Pharmaceuticals
Ireland
Dublin, Ireland
Redwood City, CA
Check Point Software
Israel
Redwood City, CA
Israel
Marvell Technology
Bermuda
Santa Clara, CA
San Jose, CA
Flextronics Intl
Singapore
Singapore
San Jose, CA
Seagate Technology
Ireland
Cupertino, CA
Redwood City, CA
Logitech
Switzerland
Fremont, CA
San Jose, CA

In deriving Pretax Income, I start with Pretax Income under Generally Accepted Accounting Principles (GAAP), and then exclude several clearly unusual very large items relative to Pretax Income, such as Intangible Asset Impairments, Gains and Losses on Debt Retirements, Gains and Losses on Asset Dispositions, and Special Litigation Gains and Losses.

These 180 superb California Corps had Total Pretax Income in 2011 of $272.6 bil, up a robust 27% over 2010, and by an even more robust 90% over 2009. 

As expected, the Technology Sector dominates the California corporate landscape, with 76 Tech companies here comprising 42% of the total 180 companies and an even higher 48% of the Total Pretax Income in 2011.

These 76 Technology companies had Total Pretax Income of $132.1 bil in 2011, which was a very strong 26% increase over 2010, and more than doubling to a 104% increase over 2009.

Apple comprised a massive 26% of the Total Pretax Income of all 76 of these California Techs.  I think it would be much better for the US economy and for US job creation if this very high Apple Pretax Income mix were reduced.

The two Big Oil Corps in California…..Chevron and Occidental Petroleum…..generated Total Pretax Income in 2011 of a massive $58.1 bil in 2011, and even surpassed the exceptional performance of the Technology companies.  These two Big Oil Corps had their Total Pretax Income increase by 47% in 2011 over 2010, and by an incredible 147% over 2009.

The 19 Finance Corps in California had very healthy increases in Pretax Income in 2011 of 30% over 2010 and of 72% over 2009.  Wells Fargo comprised a massive 59% of the 2011 Total Pretax Income of all of these California Finance Corps.  Frankly, I think it would be very helpful to the US economy and to US job creation if Wells Fargo were to break up…..and the same goes for a handful of the US Big Financial Giants headquartered in other US States.

The Leisure and Entertainment companies in California, led by Walt Disney and DirecTV, also performed just fine in 2011.

A soft spot were the California Health Care companies, which had their Total Pretax Income in 2011 increase by only 1% over 2010, and by 18% over 2009.  On the positive front, this substantially reduced earnings increase in 2011 shows how the Affordable HealthCare Act (ACA) has reduced health care costs in the US in 2011, when the ACA started partially kicking in.

Another soft spot were the California Retailing companies.  But it should be pointed out that the GAP, with its substantial stock buyback program, performed substantially better on an Earnings Per Share basis then it did on a Pretax Income basis.

Clearly, the Obama Administration has created an economic environment in the past two years that has permitted these California Corporations to flat out flourish.  California citizens should be very proud of the operating performance of their superb California Corporations in the most recent two years.

For this superb earnings growth to continue in 2012 at just a bit short of the same robust pace as that in 2011, especially for California’s many stellar technology companies, it would be necessary for both the 100% first-year tax expensing of equipment and computer software purchases to be extended for the remainder of 2012, and for the Research and Experimentation Tax Credit to be made permanent, somewhat expanded, and much simplified, starting in 2012.

Below here is the California HQs location and Sector for all 180 of these Corporations.



California Corporation California HQs Sector



Monster Beverage Corona Beverages
Chevron San Ramon Big Oil
Occidental Petroleum Los Angeles Big Oil
Bridgepoint Education San Diego Education and Training
Corinthian Colleges Santa Ana Education and Training
Robert Half Menlo Park Employment Services
URS San Francisco Engineering & Construction
Jacobs Engineering Pasadena Engineering & Construction
Aecom Technology Los Angeles Engineering & Construction
Tetra Tech Pasadena Engineering & Construction
Tutor Perini Sylmar Engineering & Construction
Granite Construction Watsonville Engineering & Construction
Wells Fargo San Francisco Finance
Visa San Francisco Finance
Toyota Motor Credit Torrance Finance
Franklin Resources San Mateo Finance
Charles Schwab San Francisco Finance
Unionbancal San Francisco Finance
First Republic Bank San Francisco Finance
SVB Financial Santa Clara Finance
East West Bancorp Pasadena Finance
KKR Financial Holdings San Francisco Finance
City National Beverly Hills Finance
Mercury General Los Angeles Finance
Cathay General Bancorp Los Angeles Finance
First American Financial Santa Anna Finance
WestAmerica Bancorp San Rafael Finance
CVB Financial Ontario Finance
PACWEST Bancorp Rancho Santa Fe Finance
Pacific Capital Bancorp Santa Barbara Finance
Hanmi Financial Los Angeles Finance
Del Monte Foods San Francisco Foods
Amgen Thousand Oaks Health Care
Gilead Sciences Foster City Health Care
McKesson San Francisco Health Care
Allergan Irvine Health Care
Intuitive Surgical Sunnyvale Health Care
Varian Medical Systems Palo Alto Health Care
Herbalife Ltd Los Angeles Health Care
Life Technologies Carlsbad Health Care
CareFusion San Diego Health Care
ResMed San Diego Health Care
Edwards LifeSciences Irvine Health Care
Bio Rad Labs Hercules Health Care
Illumina San Diego Health Care
VCA Antech Los Angeles Health Care
Gen Probe San Diego Health Care
Health Net Woodland Hills Health Care
Molina Healthcare Long Beach Health Care
Jazz Pharmaceuticals Silicon Valley Health Care
Coherent Santa Clara Health Care
Questcor Pharmaceuticals Anaheim Health Care
Thoratec Pleasanton Health Care
Impax Labs Hayward Health Care
Align Technology San Jose Health Care
Exelixis South San Francisco Health Care
Clorox Oakland Home Products
Standard Pacific Irvine Homebuilding
Ryland Group Westlake Village Homebuilding
KB Home Los Angeles Homebuilding
Walt Disney Burbank Leisure and Entertainment
DirecTV El Segundo Leisure and Entertainment
Dolby Labs San Francisco Leisure and Entertainment
DreamWorks Animation Glendale Leisure and Entertainment
Lions Gate Entertainment Santa Monica Leisure and Entertainment
Live Nation Entertainment Beverly Hills Leisure and Entertainment
TIVO Alviso Leisure and Entertainment
Century Aluminum Monterey Manufacturing: Metals
Cooper Companies Pleasanton Manufacturing: Misc
Ceradyne Costa Mesa Manufacturing: Misc
Avery Dennison Pasadena Manufacturing: Paper Products
Tesla Motors Palo Alto Motor Vehicles
Breitburn Energy Partners Los Angeles Oil & Gas
CBRE Group Los Angeles Real Estate
Public Storage Glendale REIT
HCP Long Beach REIT
Digital Realty Trust San Francisco REIT
Realty Income Escondido REIT
Alexandria Real Estate Equities Pasadena REIT
Prologis San Francisco REIT
Deckers Outdoor Goleta Retail
CoPart Fairfield Retail
Levi Strauss San Francisco Retail
Skechers Manhattan Beach Retail
GAP San Francisco Retail
Ross Stores Pleasanton Retail
Safeway Pleasanton Retail
Guess Los Angeles Retail
Williams Sonoma San Francisco Retail
Cheesecake Factory Calabasas Hills Retail
Jack In The Box San Diego Retail
DineEquity Glendale Retail
99 Cents Only Stores City of Commerce Retail
Guitar Center Westlake Village Retail
Apple Cupertino Technology
Intel Santa Clara Technology
Google Mountain View Technology
Oracle Redwood City Technology
Hewlett Packard Palo Alto Technology
Cisco Systems San Jose Technology
Qualcomm San Diego Technology
Applied Materials Santa Clara Technology
Ebay San Jose Technology
Facebook Menlo Park Technology
Sandisk Milpitas Technology
Activision Blizzard Santa Monica Technology
KLA Tencor Milpitas Technology
Adobe Systems San Jose Technology
Agilent Technologies Santa Clara Technology
Mattel El Segundo Technology
Intuit Mountain View Technology
Broadcom Irvine Technology
Altera San Jose Technology
Yahoo Sunnyvale Technology
Lam Research Fremont Technology
VMWare Palo Alto Technology
NetApp Sunnyvale Technology
Western Digital Irvine Technology
Xilinx San Jose Technology
Symantec Mountain View Technology
Linear Technology Milpitas Technology
Check Point Software Redwood City Technology
Nvidia Santa Clara Technology
Maxim Integrated Products Sunnyvale Technology
Marvell Technology Santa Clara Technology
Flextronics Intl Silicon Valley Technology
Seagate Technology Cupertino Technology
Juniper Networks Sunnyvale Technology
National Semiconductor Santa Clara Technology
Ingram Micro Santa Ana Technology
Atmel San Jose Technology
Autodesk San Rafael Technology
Netflix Los Gatos Technology
Novellus Systems San Jose Technology
Synnex Fremont Technology
Synopsys Mountain View Technology
Teledyne Technologies Thousand Oaks Technology
Advanced Micro Devices Sunnyvale Technology
Power One Camarillo Technology
Informatica Redwood City Technology
Trimble Navigation Sunnyvale Technology
Fairchild Semiconductor San Jose Technology
International Rectifier El Segundo Technology
TIBCO Software Palo Alto Technology
Logitech Fremont Technology
Qlogic Aliso Viejo Technology
TTM Technologies Santa Ana Technology
Valueclick Westlake Village Technology
Omnivision Technologies Santa Clara Technology
Cypress Semiconductor San Jose Technology
Cubic Corp San Diego Technology
Sanmina-SCI San Jose Technology
Cymer San Diego Technology
Zynga San Francisco Technology
Finisar Sunnyvale Technology
Cadence Design Systems San Jose Technology
Brocade Communications Systems San Jose Technology
Quest Software Aliso Viejo Technology
United Online Woodland Hills Technology
Intersil Milpitas Technology
PMC Sierra Sunnyvale Technology
JDS Uniphase Milpitas Technology
Tessera Technologies San Jose Technology
Salesforce.com San Francisco Technology
Spansion Sunnyvale Technology
Formfactor Livermore Technology
THQ Agoura Hills Technology
Sunpower San Jose Technology
Electronic Arts Redwood City Technology
LSI Corp Milpitas Technology
Polycom Pleasanton Telecommunications
Plantronics Santa Cruz Telecommunications
J2 Global Los Angeles Telecommunications
Equinix Redwood City Telecommunications
Netgear San Jose Telecommunications
Leap Wireless San Diego Telecommunications
UTi Worldwide Long Beach Transportation
Reliance Steel & Aluminum Los Angeles Wholesale
Wesco Aircraft Valencia Wholesale
Central Garden & Pet Walnut Creek Wholesale


And below here is the Pretax Income (PTI) and Pretax Loss (PTL) of these 180 California Corporations for each of the most recent three years, with the most recent fiscal year ends ranging from March 2011 to February 2012.  These companies are presented first on an overall basis, sorted simply by Pretax Income size in 2011.  The second presentation below has these 180 California Corporations sorted by Sector. 





Obama





Bump




PTI(L)
PTI(L)




1 Year
2 Year

PTI(L)
PTI(L)
PTI(L)
%
%

2011
2010
2009
Change
Change

mils $s
mils $s
mils $s


California





Chevron
47,634
32,055
18,528
49%
157%
Apple
34,205
18,540
12,066
84%
183%
Wells Fargo
23,656
19,001
17,998
24%
31%
Intel
17,781
16,045
8,401
11%
112%
Google
12,326
10,796
8,381
14%
47%
Oracle
11,411
8,243
7,834
38%
46%
Hewlett Packard
10,898
10,974
9,415
-1%
16%
Occidental Petroleum
10,459
7,359
5,038
42%
108%
Walt Disney
8,043
6,627
5,658
21%
42%
Cisco Systems
7,825
9,415
7,693
-17%
2%
Qualcomm
5,687
4,493
3,416
27%
66%
Visa
5,656
4,638
3,527
22%
60%
Amgen
4,936
5,317
5,204
-7%
-5%
DirecTV
3,984
3,514
2,325
13%
71%
Gilead Sciences
3,651
3,914
3,502
-7%
4%
Toyota Motor Credit
3,003
1,679
(1,052)
79%
385%
Franklin Resources
2,624
2,070
1,289
27%
104%
Applied Materials
2,378
1,387
(486)
71%
589%
Ebay
2,246
2,098
1,472
7%
53%
McKesson
1,848
1,864
1,557
-1%
19%
Facebook
1,695
1,008
254
68%
567%
Sandisk
1,477
1,457
504
1%
193%
Charles Schwab
1,392
1,099
1,276
27%
9%
GAP
1,369
1,982
1,816
-31%
-25%
Activision Blizzard
1,331
818
401
63%
232%
Allergan
1,300
1,149
849
13%
53%
KLA Tencor
1,110
291
(156)
281%
812%
Unionbancal
1,081
793
(226)
36%
578%
Ross Stores
1,053
897
719
17%
46%
Adobe Systems
1,035
943
702
10%
47%
Agilent Technologies
1,032
560
7
84%
14643%
Mattel
971
847
660
15%
47%
Intuit
966
815
653
19%
48%
Broadcom
956
1,097
190
-13%
403%
Safeway
882
881
1,021
0%
-14%
Altera
849
868
306
-2%
177%
Yahoo
828
818
574
1%
44%
Clorox
821
805
709
2%
16%
Lam Research
801
430
(167)
86%
580%
VMWare
794
416
223
91%
256%
NetApp
794
447
137
78%
480%
Western Digital
780
1,520
501
-49%
56%
Public Storage
774
693
697
12%
11%
Xilinx
771
422
458
83%
68%
Symantec
729
865
869
-16%
-16%
Linear Technology
724
490
369
48%
96%
Intuitive Surgical
710
572
396
24%
79%
Check Point Software
683
564
446
21%
53%
Nvidia
663
214
(82)
210%
909%
Maxim Integrated Products
662
300
86
121%
670%
HCP
645
376
278
72%
132%
Marvell Technology
619
910
343
-32%
80%
Flextronics
616
182
(180)
238%
442%
Varian Medical Systems
589
533
475
11%
24%
URS
580
514
454
13%
28%
Seagate Technology
579
1,569
(494)
-63%
217%
Juniper Networks
572
778
494
-26%
16%
Herbalife Ltd
560
380
291
47%
92%
First Republic Bank
555
470
606
18%
-8%
Jacobs Engineering
517
392
624
32%
-17%
Reliance Steel
512
297
196
72%
161%
Life Technologies
479
442
195
8%
146%
Monster Beverage
457
349
336
31%
36%
Dolby Labs
441
437
371
1%
19%
CBRE Group
430
290
28
48%
1436%
CareFusion
415
341
338
22%
23%
Natl Semiconductor
403
269
114
50%
254%
SVB Financial
402
198
46
103%
774%
Guess
399
421
362
-5%
10%
Ingram Micro
388
438
269
-11%
44%
Aecom Technology
384
341
278
13%
38%
East West Banc
383
256
(366)
50%
205%
Williams Sonoma
382
323
120
18%
218%
Atmel
381
116
(56)
228%
780%
Autodesk
363
272
106
33%
242%
Netflix
360
268
192
34%
88%
Del Monte Foods
360
382
227
-6%
59%
KKR Financial Holdings
326
332
46
-2%
609%
ResMed
304
261
202
16%
50%
Novellus Systems
293
305
(69)
-4%
525%
Deckers Outdoor
285
250
183
14%
56%
Edwards LifeSciences
284
268
217
6%
31%
Bridgepoint Education
277
218
82
27%
238%
CoPart
264
239
228
10%
16%
City National
254
161
50
58%
408%
Robert Half
250
115
67
117%
273%
Mercury General
245
182
572
35%
-57%
Bio Rad Labs
236
220
186
7%
27%
Avery Dennison
233
239
(95)
-3%
345%
Synnex
230
184
135
25%
70%
Synopsys
219
199
233
10%
-6%
Illumina
213
176
125
21%
70%
Teledyne Technologies
212
174
166
22%
28%
Cooper Companies
209
124
115
69%
82%
Advanced Micro Devices
208
363
(1,003)
-43%
121%
Levi Strauss
203
236
190
-14%
7%
VCA Antech
197
192
220
3%
-10%
Power One
196
250
0
-22%
NM
Cathay General Banc
172
12
(129)
1333%
233%
Informatica
167
121
90
38%
86%
Trimble Navigation
167
141
88
18%
90%
Fairchild Semiconductor
158
175
(63)
-10%
351%
Intl Rectifier
158
29
(133)
445%
219%
Digital Realty Trust
158
106
91
49%
74%
Realty Income
153
122
120
25%
28%
TIBCO Software
150
111
90
35%
67%
Logitech
148
84
127
76%
17%
Polycom
147
82
68
79%
116%
Qlogic
145
110
169
32%
-14%
Gen Probe
145
147
140
-1%
4%
Alexandria Real Estate
143
124
124
15%
15%
Plantronics
141
101
58
40%
143%
Tetra Tech
140
123
119
14%
18%
Health Net
138
289
256
-52%
-46%
J2 Global
137
111
98
23%
40%
Tutor Perini
137
159
205
-14%
-33%
TTM Technologies
136
109
21
25%
548%
Valueclick
131
95
83
38%
58%
Equinix
131
60
109
118%
20%
Molina Healthcare
130
89
38
46%
242%
First American Financial
130
212
204
-39%
-36%
Omnivision Tech
129
10
(30)
1190%
530%
Cheesecake Factory
129
111
51
16%
153%
Wesco Aircraft
128
118
96
8%
33%
JackInTheBox
126
106
211
19%
-40%
Jazz Pharma
125
33
(7)
279%
1886%
Coherent
124
58
17
114%
629%
Netgear
124
91
33
36%
276%
DreamWorks Animation
123
175
203
-30%
-39%
Cypress Semiconductor
122
94
(146)
30%
184%
WestAmerica Banc
121
131
134
-8%
-10%
CVB Financial
121
87
68
39%
78%
DineEquity
120
95
(9)
26%
1433%
Ceradyne
119
28
(1)
325%
12000%
Cubic Corp
118
106
85
11%
39%
99 Cents Only Stores
118
94
24
26%
392%
Corinthian Colleges
117
241
117
-51%
0%
Sanmina-SCI
116
125
(113)
-7%
203%
UTi Worldwide
115
108
70
6%
64%
Questcor Pharma
114
54
42
111%
171%
Breitburn Energy
112
35
(109)
220%
203%
Thoratec
112
93
43
20%
160%
Cymer
108
121
17
-11%
535%
Zynga
104
127
(53)
-18%
296%
Finisar
101
1
(19)
10000%
632%
Impax Labs
98
293
71
-67%
38%
Cadence Design
95
(47)
(154)
302%
162%
LSI Corp
94
38
(170)
147%
155%
Brocade Communications
92
107
27
-14%
241%
Align Technology
90
102
36
-12%
150%
Granite Construction
89
(106)
139
184%
-36%
PACWEST Banc
88
(109)
(84)
181%
205%
Quest Software
86
115
105
-25%
-18%
Exelixis
77
(92)
(141)
184%
155%
United Online
75
90
118
-17%
-36%
Pacific Capital Banc
70
(150)
(346)
147%
120%
Intersil
68
112
60
-39%
13%
PMC Sierra
52
113
51
-54%
2%
Central Garden & Pet
48
88
104
-45%
-54%
JDS Uniphase
46
(70)
(167)
166%
128%
Tessera Technologies
41
103
123
-60%
-67%
Hanmi Financial
29
(88)
(153)
133%
119%
Century Aluminum
22
68
(150)
-68%
115%
Standard Pacific
(16)
18
(102)
-189%
84%
Salesforce.com
(33)
104
142
-132%
-123%
Ryland Group
(33)
(61)
(252)
46%
87%
Lions Gate Entertainment
(34)
(24)
(176)
-42%
81%
Spansion
(35)
(100)
(152)
65%
77%
Formfactor
(68)
(134)
(142)
49%
52%
Skechers
(87)
197
71
-144%
-223%
Live Nation Entertainment
(97)
(168)
(115)
42%
16%
Guitar Center
(105)
(86)
(91)
-22%
-15%
TIVO
(121)
(86)
(25)
-41%
-384%
THQ
(135)
(12)
(268)
-1025%
50%
Prologis
(169)
(309)
(95)
45%
-78%
Sunpower
(170)
122
44
-239%
-486%
KB Home
(181)
(76)
(311)
-138%
42%
Tesla Motors
(254)
(154)
(56)
-65%
-354%
Leap Wireless
(278)
(211)
(171)
-32%
-63%
Electronic Arts
(279)
(706)
(487)
60%
43%






Total all 180
272,566
214,157
143,435
27%
90%

















Obama





Bump




PTI(L)
PTI(L)




1 Year
2 Year

PTI(L)
PTI(L)
PTI(L)
%
%

2011
2010
2009
Change
Change

mils $s
mils $s
mils $s


California





Technology





Apple
34,205
18,540
12,066
84%
183%
Intel
17,781
16,045
8,401
11%
112%
Google
12,326
10,796
8,381
14%
47%
Oracle
11,411
8,243
7,834
38%
46%
Hewlett Packard
10,898
10,974
9,415
-1%
16%
Cisco Systems
7,825
9,415
7,693
-17%
2%
Qualcomm
5,687
4,493
3,416
27%
66%
Applied Materials
2,378
1,387
(486)
71%
589%
Ebay
2,246
2,098
1,472
7%
53%
Facebook
1,695
1,008
254
68%
567%
Sandisk
1,477
1,457
504
1%
193%
Activision Blizzard
1,331
818
401
63%
232%
KLA Tencor
1,110
291
(156)
281%
812%
Adobe Systems
1,035
943
702
10%
47%
Agilent Technologies
1,032
560
7
84%
14643%
Mattel
971
847
660
15%
47%
Intuit
966
815
653
19%
48%
Broadcom
956
1,097
190
-13%
403%
Altera
849
868
306
-2%
177%
Yahoo
828
818
574
1%
44%
Lam Research
801
430
(167)
86%
580%
VMWare
794
416
223
91%
256%
NetApp
794
447
137
78%
480%
Western Digital
780
1,520
501
-49%
56%
Xilinx
771
422
458
83%
68%
Symantec
729
865
869
-16%
-16%
Linear Technology
724
490
369
48%
96%
Check Point Software
683
564
446
21%
53%
Nvidia
663
214
(82)
210%
909%
Maxim Integrated Products
662
300
86
121%
670%
Marvell Technology
619
910
343
-32%
80%
Flextronics Intl
616
182
(180)
238%
442%
Seagate Technology
579
1,569
(494)
-63%
217%
Juniper Networks
572
778
494
-26%
16%
National Semiconductor
403
269
114
50%
254%
Ingram Micro
388
438
269
-11%
44%
Atmel
381
116
(56)
228%
780%
Autodesk
363
272
106
33%
242%
Netflix
360
268
192
34%
88%
Novellus Systems
293
305
(69)
-4%
525%
Synnex
230
184
135
25%
70%
Synopsys
219
199
233
10%
-6%
Teledyne Technologies
212
174
166
22%
28%
Advanced Micro Devices
208
363
(1,003)
-43%
121%
Power One
196
250
0
-22%
NM
Informatica
167
121
90
38%
86%
Trimble Navigation
167
141
88
18%
90%
Fairchild Semiconductor
158
175
(63)
-10%
351%
International Rectifier
158
29
(133)
445%
219%
TIBCO Software
150
111
90
35%
67%
Logitech
148
84
127
76%
17%
Qlogic
145
110
169
32%
-14%
TTM Technologies
136
109
21
25%
548%
Valueclick
131
95
83
38%
58%
Omnivision Technologies
129
10
(30)
1190%
530%
Cypress Semiconductor
122
94
(146)
30%
184%
Cubic Corp
118
106
85
11%
39%
Sanmina-SCI
116
125
(113)
-7%
203%
Cymer
108
121
17
-11%
535%
Zynga
104
127
(53)
-18%
296%
Finisar
101
1
(19)
10000%
632%
Cadence Design Systems
95
(47)
(154)
302%
162%
LSI Corp
94
38
(170)
147%
155%
Brocade Communications
92
107
27
-14%
241%
Quest Software
86
115
105
-25%
-18%
United Online
75
90
118
-17%
-36%
Intersil
68
112
60
-39%
13%
PMC Sierra
52
113
51
-54%
2%
JDS Uniphase
46
(70)
(167)
166%
128%
Tessera Technologies
41
103
123
-60%
-67%
Salesforce.com
(33)
104
142
-132%
-123%
Spansion
(35)
(100)
(152)
65%
77%
Formfactor
(68)
(134)
(142)
49%
52%
THQ
(135)
(12)
(268)
-1025%
50%
Sunpower
(170)
122
44
-239%
-486%
Electronic Arts
(279)
(706)
(487)
60%
43%
Total all 76 Technology
132,134
104,852
64,720
26%
104%






Big Oil





Chevron
47,634
32,055
18,528
49%
157%
Occidental Petroleum
10,459
7,359
5,038
42%
108%
Total 2 Big Oil
58,093
39,414
23,566
47%
147%






Finance





Wells Fargo
23,656
19,001
17,998
24%
31%
Visa
5,656
4,638
3,527
22%
60%
Toyota Motor Credit
3,003
1,679
(1,052)
79%
385%
Franklin Resources
2,624
2,070
1,289
27%
104%
Charles Schwab
1,392
1,099
1,276
27%
9%
Unionbancal
1,081
793
(226)
36%
578%
First Republic Bank
555
470
606
18%
-8%
SVB Financial
402
198
46
103%
774%
East West Bancorp
383
256
(366)
50%
205%
KKR Financial Holdings
326
332
46
-2%
609%
City National
254
161
50
58%
408%
Mercury General
245
182
572
35%
-57%
Cathay General Bancorp
172
12
(129)
1333%
233%
First American Financial
130
212
204
-39%
-36%
WestAmerica Bancorp
121
131
134
-8%
-10%
CVB Financial
121
87
68
39%
78%
PACWEST Bancorp
88
(109)
(84)
181%
205%
Pacific Capital Bancorp
70
(150)
(346)
147%
120%
Hanmi Financial
29
(88)
(153)
133%
119%
Total all 19 Finance
40,308
30,974
23,460
30%
72%






Health Care





Amgen
4,936
5,317
5,204
-7%
-5%
Gilead Sciences
3,651
3,914
3,502
-7%
4%
McKesson
1,848
1,864
1,557
-1%
19%
Allergan
1,300
1,149
849
13%
53%
Intuitive Surgical
710
572
396
24%
79%
Varian Medical Systems
589
533
475
11%
24%
Herbalife Ltd
560
380
291
47%
92%
Life Technologies
479
442
195
8%
146%
CareFusion
415
341
338
22%
23%
ResMed
304
261
202
16%
50%
Edwards LifeSciences
284
268
217
6%
31%
Bio Rad Labs
236
220
186
7%
27%
Illumina
213
176
125
21%
70%
VCA Antech
197
192
220
3%
-10%
Gen Probe
145
147
140
-1%
4%
Health Net
138
289
256
-52%
-46%
Molina Healthcare
130
89
38
46%
242%
Jazz Pharmaceuticals
125
33
(7)
279%
1886%
Coherent
124
58
17
114%
629%
Questcor Pharmaceuticals
114
54
42
111%
171%
Thoratec
112
93
43
20%
160%
Impax Labs
98
293
71
-67%
38%
Align Technology
90
102
36
-12%
150%
Exelixis
77
(92)
(141)
184%
155%
Total all 24 Health Care
16,875
16,695
14,252
1%
18%






Leisure and Entertainment




Walt Disney
8,043
6,627
5,658
21%
42%
DirecTV
3,984
3,514
2,325
13%
71%
Dolby Labs
441
437
371
1%
19%
DreamWorks Animation
123
175
203
-30%
-39%
Lions Gate Entertainment
(34)
(24)
(176)
-42%
81%
Live Nation Entertainment
(97)
(168)
(115)
42%
16%
TIVO
(121)
(86)
(25)
-41%
-384%
Total all 7 Leis & Ent
12,339
10,475
8,241
18%
50%






Retail





GAP
1,369
1,982
1,816
-31%
-25%
Ross Stores
1,053
897
719
17%
46%
Safeway
882
881
1,021
0%
-14%
Guess
399
421
362
-5%
10%
Williams Sonoma
382
323
120
18%
218%
Deckers Outdoor
285
250
183
14%
56%
CoPart
264
239
228
10%
16%
Levi Strauss
203
236
190
-14%
7%
Cheesecake Factory
129
111
51
16%
153%
Jack In The Box
126
106
211
19%
-40%
DineEquity
120
95
(9)
26%
1433%
99 Cents Only Stores
118
94
24
26%
392%
Skechers
(87)
197
71
-144%
-223%
Guitar Center
(105)
(86)
(91)
-22%
-15%
Total all 14 Retail
5,138
5,746
4,896
-11%
5%






Other Sectors





Clorox
821
805
709
2%
16%
Public Storage
774
693
697
12%
11%
HCP
645
376
278
72%
132%
URS
580
514
454
13%
28%
Jacobs Engineering
517
392
624
32%
-17%
Reliance Steel & Aluminum
512
297
196
72%
161%
Monster Beverage
457
349
336
31%
36%
CBRE Group
430
290
28
48%
1436%
Aecom Technology
384
341
278
13%
38%
Del Monte Foods
360
382
227
-6%
59%
Bridgepoint Education
277
218
82
27%
238%
Robert Half
250
115
67
117%
273%
Avery Dennison
233
239
(95)
-3%
345%
Cooper Companies
209
124
115
69%
82%
Digital Realty Trust
158
106
91
49%
74%
Realty Income
153
122
120
25%
28%
Polycom
147
82
68
79%
116%
Alexandria Real Estate
143
124
124
15%
15%
Plantronics
141
101
58
40%
143%
Tetra Tech
140
123
119
14%
18%
J2 Global
137
111
98
23%
40%
Tutor Perini
137
159
205
-14%
-33%
Equinix
131
60
109
118%
20%
Wesco Aircraft
128
118
96
8%
33%
Netgear
124
91
33
36%
276%
Ceradyne
119
28
(1)
325%
12000%
Corinthian Colleges
117
241
117
-51%
0%
UTi Worldwide
115
108
70
6%
64%
Breitburn Energy Partners
112
35
(109)
220%
203%
Granite Construction
89
(106)
139
184%
-36%
Central Garden & Pet
48
88
104
-45%
-54%
Century Aluminum
22
68
(150)
-68%
115%
Standard Pacific
(16)
18
(102)
-189%
84%
Ryland Group
(33)
(61)
(252)
46%
87%
Prologis
(169)
(309)
(95)
45%
-78%
KB Home
(181)
(76)
(311)
-138%
42%
Tesla Motors
(254)
(154)
(56)
-65%
-354%
Leap Wireless
(278)
(211)
(171)
-32%
-63%
Total all 38 Other
7,679
6,001
4,300
28%
79%






Grand Total all 180
272,566
214,157
143,435
27%
90%