The 61 Washington State Cos With March, April or May Quarter Ends (The First Full Quarter of the Trump Tax Cuts Act), With Market Caps of At Least $100 Mil and Which Have Released These 2018 Quarter Earnings By July 5, 2018 Generated March, April or May 2018 Quarter Total Pretax Income (PTI) of $17.5 Bil, Up a Superlative 24.3% From Their Previous Year's Quarter Total PTI of $14.0 Bil and 2018 Quarter After-Tax Net Income Up By an Even More Superlative 36.1% From Their Previous Year 2017 Quarter .......................................................................................

The Quality of This High Earnings Growth Was Excellent With 

• Amazon Increasing Its March 2018 Quarter Fulfillment Cost Spending By 66% and Its Technology and Content Cost Spending By 40% With Much of These Spending Cost Increases Being of an Investment Nature Even Though US GAAP Conservatively Requires an Immediate Earnings Charge
• With Costco Generating Fantastic Comparable Sales of +10.2% in Its Most Recent Quarter As Well As Having its Previous Year Quarter Net Income Bolstered By a One-Time $82 Mil Income Tax Benefit 
• With Starbucks' March 2018 Quarter Burdened By $135 Mil of Restructuring Charges
• And With T-Mobile's March 2017 Quarter Net Income Bolstered By a One-Time $270 Mil Income Tax Benefit .....................................................................

From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations, the US GAAP Net Income (Loss) From Continuing Operations and the related US GAAP Income Tax Expense for the March, April or May 2018 and 2017 Quarters for all US Companies including both Partnerships and REITs which are Headquartered in the US State of Washington with March, April or May 2018 Quarter Ends, with stock market caps of at least $100 Mil recently and which have released their March, April or May 2018 Quarter Earnings by July 5, 2018.

												US GAAP	US GAAP
												Pretax	Net
									US GAAP	US GAAP		Income	Income
	US GAAP	US GAAP	US GAAP		US GAAP	US GAAP	US GAAP		Effective	Effective		Better	Better
	Pretax	Income	Net		Pretax	Income	Net		Income	Income		(Worse)	(Worse)
	Income	Tax	Income		Income	Tax	Income		Tax	Tax		% Change	% Change
Washington State Company	(Loss)	Expense	(Loss)		(Loss)	Expense	(Loss)		Rate	Rate		March,	March,
Market Caps of $100 Mil+	March,	March,	March,		March,	March,	March,		March,	March,		April or	April or
Releasing March, April or	April or	April or	April or		April or	April or	April or		April or	April or		May Qtr	May Qtr
May 2018 Quarter	May Qtr	May Qtr	May Qtr		May Qtr	May Qtr	May Qtr		May Qtr	May Qtr		2018	2018
Earnings By July 5, 2018	2018	2018	2018		2017	2017	2017		2018	2017		vs 2017	vs 2017
	mils $	mils $	mils $		mils $	mils $	mils $
Microsoft	8,641	1,217	7,424		7,094	1,608	5,486		14.1%	22.7%		22%	35%
Boeing	2,839	362	2,477		2,145	566	1,579		12.8%	26.4%		32%	57%
Amazon.com	1,916	287	1,629		953	229	724		15.0%	24.0%		101%	125%
Costco	1,070	309	761		965	259	706		28.9%	26.8%		11%	8%
T-Mobile US	881	210	671		607	(91)	698		23.8%	-15.0%		45%	-4%
Starbucks	816	156	660		981	328	653		19.1%	33.4%		-17%	1%
Paccar	669	157	512		448	138	310		23.5%	30.8%		49%	65%
Fortive Corp	313	52	261		272	73	199		16.6%	26.8%		15%	31%
Weyerhaeuser	299	30	269		181	24	157		10.0%	13.3%		65%	71%
Expeditors Intl Washington	198	62	136		149	55	94		31.3%	36.9%		33%	45%
F5 Networks	146	36	110		140	47	93		24.7%	33.6%		4%	18%
Nordstrom	125	38	87		103	40	63		30.4%	38.8%		21%	38%
Avista	66	11	55		95	33	62		16.7%	34.7%		-31%	-11%
Washington Federal	65	16	49		63	21	42		24.6%	33.3%		3%	17%
Columbia Banking System	47	7	40		40	11	29		14.9%	27.5%		18%	38%
Banner Corp	37	8	29		36	12	24		21.6%	33.3%		3%	21%
Mercer Intl	35	9	26		17	7	10		25.7%	41.2%		106%	160%
Esterline Technologies	26	2	24		48	13	35		7.7%	27.1%		-46%	-31%
Potlatch Deltic	20	6	14		19	2	17		30.0%	10.5%		5%	-18%
Nautilus	11	3	8		12	4	8		27.3%	33.3%		-8%	0%
Heritage Financial	10	1	9		12	3	9		10.0%	25.0%		-17%	0%
TrueBlue	10	1	9		7	2	5		10.0%	28.6%		43%	80%
First Financial Northwest	9	2	7		3	1	2		22.2%	33.3%		200%	250%
HomeStreet	8	2	6		13	4	9		25.0%	30.8%		-38%	-33%
Alaska Air Group	6	2	4		142	49	93		33.3%	34.5%		-96%	-96%
Pope Resources LP	6	-	6		12	-	12		0.0%	0.0%		-50%	-50%
FS Bancorp	5	1	4		4	1	3		20.0%	25.0%		25%	33%
nLight	4	1	3		-	1	(1)		25.0%	NM		NM	400%
Riverview Bancorp	4	1	3		3	1	2		25.0%	33.3%		33%	50%
Funko	3	1	2		(6)	-	(6)		33.3%	0.0%		150%	133%
Clearwater Paper	3	-	3		13	5	8		0.0%	38.5%		-77%	-63%
First Northwest Bancorp	2	-	2		3	1	2		0.0%	33.3%		-33%	0%
Radiant Technologies	1	-	1		2	1	1		0.0%	50.0%		-50%	0%
BioLife Solutions	-	-	-		(1)	-	(1)		#DIV/0!	0.0%		100%	100%
Trupanion	(1)	-	(1)		(1)	-	(1)		0.0%	0.0%		0%	0%
Marchex	(1)	-	(1)		(4)	-	(4)		0.0%	0.0%		75%	75%
Zumiez	(2)	1	(3)		(7)	(2)	(5)		-50.0%	28.6%		71%	40%
Northwest Pipe	(2)	-	(2)		(4)	-	(4)		0.0%	0.0%		50%	50%
CTI BioPharma	(4)	-	(4)		(19)	-	(19)		0.0%	0.0%		79%	79%
Real Networks	(5)	-	(5)		(9)	1	(10)		0.0%	-11.1%		44%	50%
Alpine Immune Sciences	(5)	-	(5)		(2)	-	(2)		0.0%	0.0%		-150%	-150%
WMIH Corp	(6)	-	(6)		18	-	18		0.0%	0.0%		-133%	-133%
Microvision	(7)	-	(7)		(6)	-	(6)		0.0%	0.0%		-17%	-17%
Apptio	(8)	-	(8)		(7)	-	(7)		0.0%	0.0%		-14%	-14%
eXp World Holdings	(11)	-	(11)		(3)	-	(3)		0.0%	0.0%		-267%	-267%
Barrett Business Services	(12)	(3)	(9)		(17)	(6)	(11)		25.0%	35.3%		29%	18%
Immune Design Corp	(13)	-	(13)		(13)	-	(13)		0.0%	0.0%		0%	0%
Smartsheet	(14)	-	(14)		(7)	-	(7)		0.0%	0.0%		-100%	-100%
Impinj	(14)	-	(14)		(2)	-	(2)		0.0%	0.0%		-600%	-600%
Aptevo Therapeutics	(14)	-	(14)		(13)	(1)	(12)		0.0%	7.7%		-8%	-17%
Zillow Group	(16)	3	(19)		(5)	-	(5)		-18.8%	0.0%		-220%	-280%
Avalara	(16)	(1)	(15)		(16)	-	(16)		6.3%	0.0%		0%	6%
Nano String Technologies	(19)	-	(19)		(19)	-	(19)		0.0%	0.0%		0%	0%
Cray Inc	(25)	-	(25)		(30)	(11)	(19)		0.0%	36.7%		17%	-32%
Omeros	(30)	-	(30)		(15)	-	(15)		0.0%	0.0%		-100%	-100%
Redfin	(36)	-	(36)		(28)	-	(28)		0.0%	0.0%		-29%	-29%
Tableau Software	(49)	(2)	(47)		(52)	2	(54)		4.1%	-3.8%		6%	13%
Alder Biopharmaceuticals	(87)	-	(87)		(100)	-	(100)		0.0%	0.0%		13%	13%
Seattle Genetics	(112)	-	(112)		(60)	-	(60)		0.0%	0.0%		-87%	-87%
Itron	(156)	(11)	(145)		25	9	16		7.1%	36.0%		-724%	-1006%
Expedia	(169)	(20)	(149)		(131)	(47)	(84)		11.8%	35.9%		-29%	-77%
Total 61 Washington State Cos	17,457	2,957	14,500		14,048	3,393	10,655		16.9%	24.2%		24.3%	36.1%