Wednesday, January 7, 2015

Arizona Companies Audited Profits Were $9.486 bil in 2013 vs Audited Losses of $13.260 bil in 2008 ..... An Earnings Improvement of a Huge $22.746 bil

From a thorough review of SEC filings and the use of the excellent Google Finance Website, I found 34 Arizona Headquartered Companies with Stock Market Capitalizations now of at least $100 mil and with annual audited financial statements filed with the SEC covering all years from 2007 to 2013.

The Total Audited Net Income from Continuing Operations of these 34 Arizona Companies for the most recent 2013 was $9.486 bil vs Total Audited Net Losses from Continuing Operations for 2008 of $13.260 bil.

Thus the Earnings Improvement from 2008 to 2013 was a huge $22.746 bil for these 34 Arizona Companies.

This incredibly off-the-charts earnings resurrection for these 34 Arizona Companies from 2008 to 2013 occurred entirely during the Obama Administration and when John McCain was a US Senator from Arizona.

Below here are the Audited Net Income (Losses) of each of these 34 Arizona Companies for each of the following six years: 2013, 2012, 2011, 2009, 2008 and 2007:



2013 2012 2011 2009 2008 2007



Audited Audited Audited Audited Audited Audited


Most Net Net Net Net Net Net

City Recent Income Income Income Income Income Income
Arizona Company HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)


mil $s mil $s mil $s mil $s mil $s mil $s








Freeport-McMoRan Copper & Gold Phoenix Dec 13          3,441          3,980          5,747          3,534     (10,450)          3,733
Southern Copper Corp Phoenix Dec 13          1,624          1,941          2,344              935          1,414          2,227
Republic Services Phoenix Dec 13              589              572              589              497                74              290
Avnet Phoenix Jun 14              546              450              567              410        (1,130)              490
PetSmart Phoenix Jan 14              420              390              290              198              193              259
Microchip Technology Chandler Mar 14              395              127              337              217              246              297
US Airways Group Tempe Dec 13              392              637                71           (205)        (2,215)              423
First Solar Tempe Dec 13              353              (96)              (39)              640              348              158
Northern Tier Energy LP Tempe Dec 13              231              198                28                55                59              195
Apollo Education Group Phoenix Aug 14              211              254              384              537              610              487
Swift Transportation Phoenix Dec 13              155              140              103           (436)           (147)           (127)
ON Semiconductor Phoenix Dec 13              154              (86)                15                63           (429)              205
Magellan Health Services Scottsdale Dec 13              125              151              130              107                86                94
Meritage Homes Scottsdale Dec 13              124              105              (21)              (66)           (292)           (289)
Western Alliance Banc Phoenix Dec 13              115                75                33           (151)           (236)                33
Amkor Technology Chandler Dec 13              112                43                93              156           (457)              222
Taylor Morrison Home    Scottsdale Dec 13                95              431                77                (1)           (397)           (632)
Grand Canyon Education Phoenix Dec 13                89                69                51                27                  7                  2
Insight Enterprises Tempe Dec 13                71                93              100                31           (240)                65
Knight Transportation Phoenix Dec 13                70                65                61                51                56                63
LifeLock  Tempe Dec 13                54                24                (4)              (59)              (58)              (35)
Insys Therapeutics  Phoenix Dec 13                40              (24)              (19)              (14)              (27)              (18)
Mobile Mini Tempe Dec 13                25                34                31                28                29                44
Healthcare Trust of America Scottsdale Dec 13                24              (25)                  5              (25)              (28)                (8)
Viad Corp Phoenix Dec 13                21                  6                  9           (105)                44                43
Cavco Industries Phoenix Mar 14                19                10                30                (4)                  0                  6
Providence Service Tucson Dec 13                19                  8                17                21           (156)                14
TASER Intl Scottsdale Dec 13                18                15                (7)                (0)                  4                15
Inventure Foods Phoenix Dec 13                  7                  7                  3                  4                  2                (2)
Kona Grill Scottsdale Dec 13                  3                  5                  2              (22)                (7)                (0)
Universal Technical Institute Scottsdale Sep 14                  2                  4                  9                29                12                  8
AV Homes Scottsdale Dec 13                (8)              (88)           (166)              (29)           (110)                21
Accelerate Diagnostics Tucson Dec 13              (15)                (5)                (0)                (1)                (2)                (2)
Limelight Networks Tempe Dec 13              (35)              (30)              (30)                35              (63)              (73)









Total all 34

         9,486          9,480        10,840          6,457     (13,260)          8,208









Annual Earnings (Losses)







…..2013

         9,486




…..2008

    (13,260)




…..Earnings Improvement

       22,746