Tuesday, July 18, 2017

Idaho Largest Companies Had a $3.0 Bil Total Earnings Deterioration From 2015 to 2016, a $1.9 Bil Total Earnings Improvement From 2009 to 2016 and a $1.6 Bil Total Earnings Improvement From 2008 to 2016, All Due to the Very High Earnings Volatility of Micron Technology ........................................................................................ For the Five Years 2012 to 2016, Micron Technology Generated Total Audited Earnings of $5.866 Bil as Compared to Five Years (2007 to 2011) Total Audited Losses of $1.505 Bil ........................................................................................ On the Very Plus Side, the Huge Micron Technology Generated Earnings For the Most Recent Nine Months Ended June 1, 2017 of $2.721 Bil as Compared With a Total Loss of $0.105 Bil For the Nine Months Ended June 2, 2016

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 4 Companies headquartered in the US State of Idaho with Stock Market Capitalizations either very late in 2016 or very early in 2017 of more than $1 Bil and which also have filed their fiscal year 2016 annual financial statements with the SEC.   

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 4 Idaho Companies for all of the fiscal years from 2007 through 2016:




2016 2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net Net
Idaho Companies City State 2016 Income Income Income Income Income Income Income Income Income Income
Market Caps Above $1 Bil HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils














Micron Technology Boise ID Aug16      (275)     2,899     3,079     1,194   (1,031)        190     1,900   (1,993)   (1,665)      (209)
Hecla Mining Co Coeur D'Alene  ID Dec16          70        (87)          18        (25)          15        151          49          68        (37)          68
Boise Cascade Co Boise ID Dec16          38          52          80        117          41        (46)        (33)        (98)        (63)        128
US Ecology Inc Boise ID Dec16          34          26          38          32          26          18          13          14          21          19














Total all 4


     (133)     2,890     3,215     1,318      (949)        313     1,929   (2,009)   (1,744)            6














Earnings Improvement (Deterioration):











….. 2016 vs 2015                 (3,023)











….. 2016 vs 2009                   1,876











….. 2016 vs 2008                   1,611













Micron Technology Five Year Total Earnings (Losses):
….. 2012-2016                   5,866
….. 2007-2011                 (1,505)