Thursday, May 12, 2016

The 208 California Companies With Market Caps Between $1 Bil and $10 Bil Audited Under US GAAP Total 2015 Earnings Declined 22% From 2014, Declined 31% From 2013, Declined 32% From 2012 and Declined 26% From 2010 ..... When So Many of the Very Best California Companies Suffer Such Huge Earnings Declines in 2015, the Economy is Weak ..... US Capitalism Doesn't Work With Such Large Earnings Declines and US Citizens Have and Will Continue to Suffer Economically ..... The US Government's Role is to Provide a Favorable Economic Environment so that Company Earnings Can Be Robust and US Citizens Can Thrive Economically ..... The Democratic (Especially Dianne Feinstein and Barbara Boxer) and Republican Establishments Are Totally Failing in This Regard

From both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Audited Predominately By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and for 2010 through 2014 for each of the 208 Publicly-Held California HQed Companies with Stock Market Capitalizations of Between $1 Bil and $10 Bil and which have filed their 2015 financial statements with the SEC, presented in recent declining Stock Market Capitalization order:




 Annual   Annual   Annual   Annual   Annual   Annual 




2015 2014 2013 2012 2011 2010




Net Net Net Net Net Net


Most Income Income Income Income Income Income
California Publicly-Held Companies City State Recent (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
Market Cap $1 Bil-$10 Bil HQs HQs FYE  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils










First Republic Bank San Francisco CA Dec 15           522           487           462           401           354           272
CBRE Group Los Angeles CA Dec 15           559           514           322           304           240           142
Jazz Pharmaceuticals Palo Alto CA Dec 15           330             57           216           261           125             33
Juniper Networks Sunnyvale CA Dec 15           634          (334)           440           187           425           619
Western Digital Irvine CA Jun 15        1,465        1,617           980        1,612           726        1,382
AerCap Holdings NV Los Angeles CA Dec 15        1,177           808           295           158           225           240
ResMed San Diego CA Jun 15           353           345           307           255           227           190
Varian Medical Systems Palo Alto CA Sep 15           412           404           438           427           409           367
Gap Inc San Francisco CA Jan 16           920        1,262        1,280        1,135           833        1,204
Cooper Companies Pleasanton CA Oct 15           205           272           297           249           175           113
Synopsys Mountain View CA Oct 15           226           259           248           182           221           237
Alexandria Real Estate Equities Inc Pasadena CA Dec 15           146           107           140           106           135           139
Cadence Design Systems San Jose CA Dec 15           252           159           164           440             72           127
Avery Dennison Glendale CA Dec 15           274           247           242           160           143           234
NetApp Sunnyvale CA Apr 15           560           638           505           605           673           400
Flextronics Intl Ltd San Jose CA Mar 16           444           601           366           303           521           612
Oaktree Capital Group LLC Los Angeles CA Dec 15       (1,533)        2,176        6,211        6,672          (309)        5,281
Splunk Inc San Francisco CA Jan 16          (279)          (217)            (79)            (37)            (11)              (4)
Jacob's Engineering Group Pasadena CA Sep 15           329           352           440           391           335           246
Align Technology San Jose CA Dec 15           144           146             64             59             67             74
Kilroy Realty Corp Los Angeles CA Dec 15           239             59             15              (5)            (17)              (7)
Trimble Navigation Ltd Sunnyvale CA Dec 15           121           214           218           190           149           104
DexCom Inc San Diego CA Dec 15            (58)            (22)            (30)            (55)            (45)            (55)
Fortinet Inc Sunnyvale CA Dec 15               8             25             44             67             62             41
Herbalife Ltd Los Angeles CA Dec 15           339           309           528           464           415           293
NetSuite San Mateo CA Dec 15          (125)          (100)            (70)            (35)            (32)            (27)
Seagate Technology Cupertino CA Jun 15        1,742        1,570        1,838        2,862           511        1,609
Reliance Steel & Aluminum Los Angeles CA Dec 15           316           376           325           408           349           198
VCA Inc Los Angeles CA Dec 15           216           141           143             51           100           114
East West Bancorp Inc Pasadena CA Dec 15           385           346           293           278           243           165
Health Net Woodland Hills CA Dec 15           186           146           170             26             61           172
Ingram Micro Irvine CA Dec 15           215           267           311           306           244           318
Ionis Pharmaceuticals Carlsbad CA Dec 15            (88)            (39)            (61)            (65)            (85)            (61)
Robert Half Intl Menlo Park CA Dec 15           358           306           252           210           150             66
Skechers USA Inc Manhattan Beach CA Dec 15           261           152             61             11            (68)           136
Williams-Sonoma San Francisco CA Jan 16           310           309           279           257           237           200
SVB Financial Group Santa Clara CA Dec 15           375           479           545           250           283           137
Aecom Los Angeles CA Sep 15            (71)           233           243            (57)           284           249
Douglas Emmett Inc Santa Monica CA Dec 15             69             53             53             28               2            (33)
PacWest Bancorp Brea CA Dec 15           300           170             45             57             51            (62)
Live Nation Entertainment Beverly Hills CA Dec 15            (16)          (104)            (36)          (162)            (70)          (204)
Dolby Laboratories San Francisco CA Sep 15           183           209           190           265           311           283
Arista Networks Inc Santa Clara CA Dec 15           121             87             42             21             34               2
Keysight Technologies Inc Santa Rosa CA Oct 15           513           392           457           841           787           355
Bio-Rad Laboratories Inc Hercules CA Dec 15           113             89             78           166           179           187
American Homes 4 Rent Agoura Hills CA Dec 15            (48)            (33)            (20)            (10)              (0)
CalAtlantic Group Inc Irvine CA Dec 15           214           216           189           531            (16)            (12)
First American Financial Corp Santa Ana CA Dec 15           289           234           187           302             79           129
Guideware Software Foster City CA Jul 15             10             15             25             19             36             16
Neurocrine Biosciences Inc San Diego CA Dec 15            (89)            (61)            (46)               5             38              (8)
ViaSat Inc Carlsbad CA Mar 15             40              (9)            (41)               8             36             31
Veeva Systems Inc Pleasanton CA Jan 16             54             40             24             19               4               4
Microsemi Corp Aliso Viejo CA Sep 15             85             23             44            (30)             56             59
ACADIA Pharmaceuticals Inc San Diego CA Dec 15          (164)            (92)            (38)            (21)            (23)             15
Dreamworks Animation SKG Inc Glendale CA Dec 15            (54)          (308)             56            (36)             87           171
Atmel Corp San Jose CA Dec 15             27             35            (22)             30           315           423
Square Inc San Francisco CA Dec 15          (180)          (154)          (104)            (85)

Ubiquiti Networks Inc San Jose CA Jun 15           130           177             80           103             50              (5)
Fair Isaac Corp San Jose CA Sep 15             87             95             90             92             72             64
Anacor Pharmaceuticals Palo Alto CA Dec 15            (61)            (87)             85            (56)            (48)            (10)
SINA Corp Sunnyvale CA Dec 15             36           162             44             32          (302)            (19)
Corelogic Inc Irvine CA Dec 15           130             91           100             95             27             19
Teledyne Technologies Inc Thousand Oaks CA Dec 15           196           218           185           162           142           120
Brocade Communications Systems San Jose CA Oct 15           340           238           209           195             51           117
SYNNEX Corp Freemont CA Nov 15           209           180           152           153           151           117
J2 Global Inc Los Angeles CA Dec 15           134           125           108           122           115             83
Air Lease Corp Los Angeles CA Dec 15           253           256           190           132             53            (52)
Lions Gate Entertainment Corp Santa Monica CA Mar 15           182           152           232            (39)            (30)            (30)
Fitbit Inc San Francisco CA Dec 15           176           132            (52)              (4)              (4)              (1)
Cypress Semiconductor San Jose CA Dec 15          (381)             17            (50)            (25)           167             75
Ares Management LP Los Angeles CA Dec 15             62           546           813        1,236           923
VeriFone Systems San Jose CA Oct 15             80            (36)          (295)             66           282             99
Mercury General Corp Los Angeles CA Dec 15             74           178           112           117           191           152
Advanced Micro Devices Sunnyvale CA Dec 15          (660)          (403)            (83)       (1,183)           495           471
Sunstone Hotel Investors Inc Aliso Viejo CA Dec 15           340             83             22               1             41            (31)
Virgin America Inc Burlingame CA Dec 15           341             60             10          (145)          (100)            (69)
Pure Storage Inc Mountain View CA Jan 16          (214)          (183)            (79)            (23)

Cavium Inc San Jose CA Dec 15            (17)            (26)            (14)          (114)               0             37
Integrated Device Technology San Jose CA Mar 16           195           115           111               3             38             94
Molina Healthcare Long Beach CA Dec 15           143             62             45             13             77             51
PS Business Parks Inc Glendale CA Dec 15           149           205           116             94           100             96
PriceSmart San Diego CA Aug 15             89             93             84             68             62             49
NuVasive Inc San Diego CA Dec 15             65            (17)               7               2            (71)             77
Hudson Pacific Properties Inc Los Angeles CA Dec 15            (16)             24               1              (5)              (6)              (4)
Logitech Intl SA Newark CA Mar 15               9             74          (228)           104           105             62
Cheesecake Factory Inc Calabasas Hill CA Dec 15           117           101           114             98             96             82
Monolithic Power Systems Inc San Jose CA Dec 15             35             35             23             16             13             30
Ligand Pharmaceuticals Inc La Jolla CA Dec 15           255             11               9              (3)             10            (13)
Synaptics Inc San Jose CA Jun 15           110             47             99             54             64             53
Ultragenyx Pharmaceutical Novato CA Dec 15          (146)            (60)            (35)            (16)              (7)
SunPower Corp San Jose CA Dec 15          (299)           183             34          (352)          (614)           167
Ellie Mae Inc Pleasanton CA Dec 15             22             15             13             19               4               1
Jack in the Box San Diego CA Sep 15           113             95             83             68             86             74
Kennedy-Wilson Holdings Inc Beverly Hills CA Dec 15             59             90             14               7               7               6
Pandora Media Inc Oakland CA Dec 15          (170)            (30)            (27)            (38)            (16)              (2)
KKR Financial Holdings LLC San Francisco CA Dec 15          (335)          (113)           293           348           318           371
FireEye Inc Milpitas CA Dec 15          (539)          (444)          (121)            (36)            (17)              (9)
Cathay General Bancorp Los Angeles CA Dec 15           161           138           124           118           101             12
Masimo Corp Irvine CA Dec 15             82             74             56             62             64             73
Fairchild Semiconductor Intl Inc San Jose CA Dec 15            (15)            (35)               5             25           146           153
Proofpoint Sunnyvale CA Dec 15          (106)            (64)            (28)            (20)            (20)            (21)
Zynga Inc San Francisco CA Dec 15          (122)          (226)            (37)          (209)          (404)             91
Colony Capital Inc Los Angeles CA Dec 15           256           160           126             68             43             18
Kite Pharma Inc Santa Monica CA Dec 15          (102)            (43)              (6)              (3)

Zendesk Inc San Francisco CA Dec 15            (84)            (67)            (23)            (24)              (7)
Coherent inc Santa Clara CA Sep 15             76             59             66             63             93             37
Cornerstone OnDemand Inc Santa Monica CA Dec 15            (86)            (65)            (40)            (31)            (64)            (48)
Impax Laboratories Inc Hayward CA Dec 15             39             57           101             56             65           250
Wageworks Inc San Mateo CA Dec 15             23             18             22             10             33            (17)
On Assignment Inc Calabasas CA Dec 15             71             73             51             33             16               3
Yelp Inc San Francisco CA Dec 15            (33)             36            (10)            (19)            (17)            (10)
Cepheid Sunnyvale CA Dec 15            (49)            (50)            (18)            (20)               3              (6)
Nevro Corp Redwood City CA Dec 15            (67)            (31)            (26)            (19)

Mellanox Technologies Ltd Sunnyvale CA Dec 15             93            (24)            (23)           112             10             14
American Assets Trust Inc San Diego CA Dec 15             54             31             23             14             14               2
Electronics For Imaging Inc Fremont CA Dec 15             34             34           109             83             27               7
OmniVision Technologies Inc Santa Clara CA Apr15             93             95             43             66           124               6
AMN Healthcare Services Inc San Diego CA Dec 15             82             33             33             16               5            (53)
Nektar Therapeutics South San Francisco CA Dec 15            (81)            (54)          (162)          (172)          (134)            (38)
TRI Pointe Group Inc Irvine CA Dec 15           207             84          (151)             61             35             52
Blackhawk Networks Inc Pleasanton CA Dec 15             46             45             54             48             36             19
Deckers Outdoor Corp Goleta CA Mar 15           162           146           129           202           160           117
Simpson Manufacturing Co Inc Pleasanton CA Dec 15             68             64             51             42             51             45
Core-Mark Holding Co Inc South San Francisco CA Dec 15             52             43             42             34             26             18
LTC Properties Inc Westlake CA Dec 15             73             73             55             50             49             45
Sanmina Corp San Jose CA Sep 15           377           197             79           180             69           122
Crown Media Holdings Inc Studio City CA Dec 15             86             95             68           107           319             24
CVBF Financial Corp Ontario CA Dec 15             99           104             96             77             82             63
Financial Engines Inc Sunnyvale CA Dec 15             32             37             30             19             15             64
Infinera Corp Sunnyvale CA Dec 15             51             14            (32)            (85)            (82)            (28)
Finisar Corp Sunnyvale CA Apr 15             12           112              (8)             43             88            (23)
Granite Construction Inc Watsonville CA Dec 15             68             36            (45)             60             66            (62)
ICU Medical Inc San Clemente CA Dec 15             45             26             40             41             45             30
Tetra Tech Pasadena CA Sep 15             39           109              (2)           105             93             77
Intersil Corp Milpitas CA Dec 15               7             55               3            (38)             67             26
Shutterfly Inc Redwood City CA Dec 15              (1)              (8)               9             23             14             17
Korn/Ferry Intl Los Angeles CA Apr 15             88             73             33             54             59               5
Penumbra Inc Alameda CA Dec 15               2               2               4               2

DineEquity Inc Glendale CA Dec 15           105             37             72           128             75              (3)
Kaiser Aluminum Corp Foothill Ranch CA Dec 15          (237)             72           105             86             25             12
Polycom Inc San Jose CA Dec 15             70             42            (19)            (37)           125             66
SolarCity Corp San Mateo CA Dec 15          (769)          (375)          (152)          (114)            (74)            (47)
WD-40 Company San Diego CA Aug 15             45             44             40             35             36             36
99 Cents Only Stores City of Commerce CA Jan 16          (241)               6            (12)              (9)             44             74
Box Inc Redwood City CA Jan 16          (203)          (168)          (169)          (113)            (50)
Pattern Energy Group Inc San Francisco CA Dec 15            (56)            (40)             10            (13)             26               7
Sabra Health Care REIT Inc Irvine CA Dec 15             79             47             34             20             13               0
Marketo Inc San Mateo CA Dec 15            (69)            (55)            (47)            (34)            (23)            (12)
Houlihan Lokey Inc Los Angeles CA Mar 15             80             61             59


Tessera Technologies Inc San Jose CA Dec 15           117           175            (41)             35             36             92
Viavi Solutions Inc Milpitas CA Jun 15            (88)            (18)             57            (26)             79            (60)
Prothena Corp Plc South San Francisco CA Dec 15            (81)              (7)            (41)            (41)            (30)            (12)
Restoration Hardware Holdings Corte Madera CA Jan 16             91             91             18            (13)             21              (7)
Semtech Corp Camarillo CA Jan 16             11             28          (164)             42             89             72
Plantronics Inc Santa Cruz CA Mar 16             68           112           112           106           109           109
NetGear Inc San Jose CA Dec 15             49               9             55             87             91             51
Rovi Corp San Carlos CA Dec 15              (4)            (14)             21            (20)               8           227
LendingClub Corp San Francisco CA Dec 15              (5)            (33)               7              (7)            (12)            (11)
Stamps.com Inc El Segundo CA Dec 15              (4)             37             44             39             26               6
Portola Pharmaceuticals Inc South San Francisco CA Dec 15          (227)          (137)            (83)             11             20            (20)
Guess? Inc Los Angeles CA Jan 16             85             97           158           181           271           295
Lumentum Holdings Milpitas CA Jun 15              (3)             11               7               3

RingCentral San Mateo CA Dec 15            (32)            (48)            (46)            (35)            (14)              (7)
Wesco Aircraft Holdings Valencia CA Sep 15          (155)           102           105             92             76             74
Power Integrations Inc San Jose CA Dec 15             39             60             57            (34)             34             49
TriNet Group Inc San Leandro CA Dec 15             32             15             13             32             15              (9)
Exponent Inc Menlo Park CA Dec 15             44             41             39             37             33             28
Super Micro Computer San Jose CA Jun 15           102             54             21             30             40             27
GoPro Inc San Mateo CA Dec 15             36           128             61             32             25             12
Rexford Industrial Realty Inc Los Angeles CA Dec 15               2              (1)              (9)              (8)              (7)
Diamond Foods Stockton CA Jul 15             33          (165)          (160)            (86)             27             16
MaxLinear Inc Carlsbad CA Dec 15            (42)              (7)            (13)            (13)            (22)             10
New Relic San Francisco CA Mar 16            (67)            (50)            (40)            (23)              (8)
Rambus Inc Sunnyvale CA Dec 15           211             26            (34)          (134)            (43)           151
Ambarella Inc Santa Clara CA Jan 16             77             51             26             18             10             14
Innoviva Inc South San Francisco CA Dec 15            (19)            (74)            (31)            (31)            (23)
FibroGen Inc San Francisco CA Dec 15            (86)            (60)            (15)            (33)

BBCN Bancorp Inc Los Angeles CA Dec 15             92             89             82             83             27              (7)
Inphi Corp Sunnyvale CA Dec 15            (14)            (23)            (13)            (21)               2             26
Halozyme Therapeutics Inc San Diego CA Dec 15            (32)            (68)            (83)            (54)            (20)            (53)
Westamerica Bancorporation San Rafael CA Dec 15             59             61             67             81             88             95
BofI Holding San Diego CA Jun 15             83             56             40             29             21             21
Green Dot Corp Pasadena CA Dec 15             38             43             34             47             52             42
Smart & Final Stores Inc Commerce CA Dec 15             38             33               8               5               7              (0)
Five Prime Therapeutics Inc South San Francisco CA Dec 15           250            (37)            (29)            (28)             20            (13)
Four Corners Property Trust Mill Valley CA Dec 15               6               0               0              (0)

The Ensign Group Inc Mission Viejo CA Dec 15             56             34             26             41             48             41
Exelixis Inc South San Francisco CA Dec 15          (170)          (269)          (245)          (148)             76            (92)
Ruckus Wireless Inc Sunnyvale CA Dec 15               5               8               2             32               4              (4)
Depomed Newark CA Dec 15            (76)           132             43            (30)             71               4
Imperva Inc Redwood Shores CA Dec 15            (49)            (59)            (26)              (8)            (11)            (12)
Aerojet Rocketdyne Holdings Rancho Cordova CA Nov 15            (17)            (49)           163              (6)               3               6
Affymetrix Santa Clara CA Dec 15             10              (4)            (16)            (11)            (28)            (10)
Omicell Inc Mountain View CA Dec 15             31             31             24             16             10               5
Qlogic Aliso Viejo CA Mar 16             46             51            (18)             74           119           141
KB Home Los Angeles CA Nov 15             85           918             40            (59)          (179)            (69)
Natus Medical Inc Pleasanton CA Dec 15             38             32             23               4            (11)             12
Gigamon Inc Santa Clara CA Dec 15               6            (41)            (10)               8             17               7
BJ's Restaurants Inc Huntington Beach CA Dec 15             45             27             21             31             32             23
8X8 Inc San Jose CA Mar 15               2               3             14             69               6               4
Cubic Corp San Diego CA Sep 15             23             70             25             98             84             72
Tutor Perini Corp Sylmar CA Dec 15             45           108             87          (265)             86           104
PennyMac Mortgage Investment Trust Moorpark CA Dec 15             90           195           200           138             64             24
Zeltiq Aesthetics Inc Pleasanton CA Dec 15             42               2            (19)            (30)            (10)            (14)
Dermira Inc Menlo Park CA Dec 15            (78)            (32)            (22)            (20)

Abaxis Inc Union City CA Mar 16             31             21             16             31             16             15
Calavo Growers Inc Santa Ana CA Oct 15             27              (0)              (3)             16             11             18
Redwood Trust Inc Mill Valley CA Dec 15           102           101           173           132             25           111










Total all 208


     16,263      20,917      23,509      24,021      15,826      22,059










Annual Total Earnings % Change:








2015 vs 2014


-22%




2015 vs 2013


-31%




2015 vs 2012


-32%




2015 vs 2011


3%




2015 vs 2010


-26%