On the Other Hand, Excluding DaVita and the 11 Liberty-Related Cos Which Both Had Large Unusual Items, the Remaining 62 Colorado Cos Generated 2018 Quarter Total PTI Which Increased By 10.5% From That in the 2017 Quarter
........................................................................................
DaVita Had a Settlement Gain of $527 Mil Included in Its March 2017 Pretax Income ........................................................................................
And Some of the 11 Liberty-Related Cos Had Both Realized and Unrealized Fair Value Gains and Losses on Their Securities Included in Their Earnings, Including a Gain of $738 Mil in GCI Liberty's March 2017 Quarter Pretax Income
........................................................................................
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 Colorado with March, April or May 2018 Quarter Ends, with stock market caps of at least $500 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 | ||||
| Colorado Company | (Loss) | Expense | (Loss) | (Loss) | Expense | (Loss) | Rate | Rate | March, | March, | |||
| Market Caps of $500 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 $ | ||||||||
| DaVita | 302 | 71 | 231 | 776 | 282 | 494 | 23.5% | 36.3% | -61% | -53% | |||
Liberty Related Cos
|
|||||||||||||
| Liberty SiriusXM Group | 363 | 81 | 282 | 297 | 108 | 189 | 22.3% | 36.4% | 22% | 49% | |||
| Qurate Retail | 285 | 29 | 256 | 272 | 84 | 188 | 10.2% | 30.9% | 5% | 36% | |||
| Liberty Oilfield Services | 62 | 8 | 54 | 8 | - | 8 | 12.9% | 0.0% | 675% | 575% | |||
| Liberty TripAdvisor Holdings | (19) | 16 | (35) | (5) | 4 | (9) | -84.2% | -80.0% | -280% | -289% | |||
| Liberty Broadband | (20) | (5) | (15) | (23) | (8) | (15) | 25.0% | 34.8% | 13% | 0% | |||
| Liberty Latin America Ltd | (37) | 17 | (54) | 34 | 23 | 11 | -45.9% | 67.6% | -209% | -591% | |||
| Liberty Braves Group | (58) | (6) | (52) | (55) | (6) | (49) | 10.3% | 10.9% | -5% | -6% | |||
| Liberty Formula One Group | (77) | (60) | (17) | (122) | (26) | (96) | 77.9% | 21.3% | 37% | 82% | |||
| GCI Liberty | (88) | 83 | (171) | 728 | 277 | 451 | -94.3% | 38.0% | -112% | -138% | |||
| Liberty Expedia Holdings | (389) | (65) | (324) | (511) | (154) | (357) | 16.7% | 30.1% | 24% | 9% | |||
| Liberty Global plc | (413) | 766 | (1,179) | (154) | 102 | (256) | -185.5% | -66.2% | -168% | -361% | |||
| Total 11 Liberty Related Cos | (391) | 864 | (1,255) | 469 | 404 | 65 | -221.0% | 86.1% | -183% | -2031% | |||
All
Cos Except Davita and Liberty
|
|||||||||||||
| Dish Networks | 501 | 116 | 385 | 597 | 207 | 390 | 23.2% | 34.7% | -16% | -1% | |||
| SM Energy | 416 | 99 | 317 | 119 | 45 | 74 | 23.8% | 37.8% | 250% | 328% | |||
| Molson Coors Brewing | 357 | 75 | 282 | 281 | 66 | 215 | 21.0% | 23.5% | 27% | 31% | |||
| Vail Resorts | 344 | 72 | 272 | 298 | 101 | 197 | 20.9% | 33.9% | 15% | 38% | |||
| Newmont Mining | 274 | 105 | 169 | 192 | 111 | 81 | 38.3% | 57.8% | 43% | 109% | |||
| Cimarex Energy | 243 | 57 | 186 | 209 | 78 | 131 | 23.5% | 37.3% | 16% | 42% | |||
| Western Union | 235 | 21 | 214 | 213 | 51 | 162 | 8.9% | 23.9% | 10% | 32% | |||
| Janus Henderson Group plc | 210 | 47 | 163 | 50 | 7 | 43 | 22.4% | 14.0% | 320% | 279% | |||
| Arrow Electronics | 187 | 47 | 140 | 156 | 40 | 116 | 25.1% | 25.6% | 20% | 21% | |||
| Ball Corp | 159 | 34 | 125 | 92 | 22 | 70 | 21.4% | 23.9% | 73% | 79% | |||
| Pilgrim's Pride | 156 | 37 | 119 | 150 | 49 | 101 | 23.7% | 32.7% | 4% | 18% | |||
| IHS Markit Ltd | 126 | 12 | 114 | 98 | (1) | 99 | 9.5% | -1.0% | 29% | 15% | |||
| Antero Midstream Partners LP | 108 | - | 108 | 75 | - | 75 | 0.0% | 0.0% | 44% | 44% | |||
| Chipotle Mexican Grill | 94 | 35 | 59 | 74 | 28 | 46 | 37.2% | 37.8% | 27% | 28% | |||
| Antero Resources | 90 | 9 | 81 | 437 | 131 | 306 | 10.0% | 30.0% | -79% | -74% | |||
| Centennial Resource Development | 90 | 19 | 71 | 11 | - | 11 | 21.1% | 0.0% | 718% | 545% | |||
| UDR Inc | 89 | - | 89 | 28 | - | 28 | 0.0% | 0.0% | 218% | 218% | |||
| SRC Energy | 72 | 6 | 66 | 20 | - | 20 | 8.3% | 0.0% | 260% | 230% | |||
| DCP Midstream LP | 64 | 1 | 63 | 102 | 1 | 101 | 1.6% | 1.0% | -37% | -38% | |||
| Apartment Investment&Mgt | 59 | (37) | 96 | 12 | (5) | 17 | -62.7% | -41.7% | 392% | 465% | |||
| Advanced Energy Industries | 56 | 10 | 46 | 40 | 5 | 35 | 17.9% | 12.5% | 40% | 31% | |||
| DCT Industrial Trust | 51 | - | 51 | 16 | - | 16 | 0.0% | 0.0% | 219% | 219% | |||
| MDC Holdings | 51 | 12 | 39 | 36 | 14 | 22 | 23.5% | 38.9% | 42% | 77% | |||
| Woodward | 48 | 10 | 38 | 50 | 12 | 38 | 20.8% | 24.0% | -4% | 0% | |||
| Zayo Group Holdings | 44 | 21 | 23 | 28 | 1 | 27 | 47.7% | 3.6% | 57% | -15% | |||
| Gates Industrial Group plc | 41 | 12 | 29 | 39 | 13 | 26 | 29.3% | 33.3% | 5% | 12% | |||
| Innospec | 30 | 8 | 22 | 23 | 6 | 17 | 26.7% | 26.1% | 30% | 29% | |||
| CoreSite Realty | 29 | - | 29 | 25 | - | 25 | 0.0% | 0.0% | 16% | 16% | |||
| Crocs | 27 | 11 | 16 | 16 | 5 | 11 | 40.7% | 31.3% | 69% | 45% | |||
| Maxar Technologies Ltd | 24 | (7) | 31 | 10 | 6 | 4 | -29.2% | 60.0% | 140% | 675% | |||
| Century Communities | 23 | 3 | 20 | 12 | 3 | 9 | 13.0% | 25.0% | 92% | 122% | |||
| CSG Systems Intl | 20 | 6 | 14 | 22 | 2 | 20 | 30.0% | 9.1% | -9% | -30% | |||
| Antero Midstream GP LP | 19 | 6 | 13 | 1 | 4 | (3) | 31.6% | 400.0% | 1800% | -533% | |||
| Guaranty Bancorp | 17 | 3 | 14 | 14 | 4 | 10 | 17.6% | 28.6% | 21% | 40% | |||
| Whiting Petroleum | 15 | - | 15 | (126) | (39) | (87) | 0.0% | 31.0% | 112% | 117% | |||
| CoBiz Financial | 15 | 2 | 13 | 11 | 2 | 9 | 13.3% | 18.2% | 36% | 44% | |||
| National Storage Affiliates Trust | 12 | - | 12 | 7 | - | 7 | 0.0% | 0.0% | 71% | 71% | |||
| TransMontaigne Partners LP | 12 | - | 12 | 13 | - | 13 | 0.0% | 0.0% | -8% | -8% | |||
| RE/MAX Holdings | 11 | 2 | 9 | 12 | 3 | 9 | 18.2% | 25.0% | -8% | 0% | |||
| National Bank Holdings | 10 | 2 | 8 | 7 | (1) | 8 | 20.0% | -14.3% | 43% | 0% | |||
| TTEC Holdings | 8 | 2 | 6 | 25 | 5 | 20 | 25.0% | 20.0% | -68% | -70% | |||
| Mesa Laboratories | 6 | 2 | 4 | 5 | 1 | 4 | 33.3% | 20.0% | 20% | 0% | |||
| DMC Global | 4 | - | 4 | (2) | 1 | (3) | 0.0% | -50.0% | 300% | 233% | |||
| Red Robin Gourmet Burgers | 4 | - | 4 | 15 | 3 | 12 | 0.0% | 20.0% | -73% | -67% | |||
| Heska Corp | 2 | - | 2 | 3 | (1) | 4 | 0.0% | -33.3% | -33% | -50% | |||
| Intrepid Potash | 2 | - | 2 | (14) | - | (14) | 0.0% | 0.0% | -114% | -114% | |||
| SendGrid | (1) | - | (1) | (2) | - | (2) | 0.0% | 0.0% | 50% | 50% | |||
| Nemaura Medical | (1) | - | (1) | - | - | - | 0.0% | NM | NM | NM | |||
| National CineMedia | (3) | 1 | (4) | (8) | (2) | (6) | -33.3% | 25.0% | 63% | 33% | |||
| Noodles & Co | (4) | - | (4) | (27) | - | (27) | 0.0% | 0.0% | 85% | 85% | |||
| Resolute Energy | (13) | - | (13) | 1 | - | 1 | 0.0% | 0.0% | -1400% | -1400% | |||
| PDC Energy | (18) | (5) | (13) | 72 | 26 | 46 | 27.8% | 36.1% | -125% | -128% | |||
| Array BioPharma | (23) | - | (23) | (35) | - | (35) | 0.0% | 0.0% | 34% | 34% | |||
| High Point Resources | (25) | - | (25) | (13) | - | (13) | 0.0% | 0.0% | -92% | -92% | |||
| EchoStar | (26) | (5) | (21) | 31 | - | 31 | 19.2% | 0.0% | -184% | -168% | |||
| Jagged Peak Energy | (30) | 9 | (39) | (377) | 89 | (466) | -30.0% | -23.6% | 92% | 92% | |||
| Extraction Oil & Gas | (66) | (14) | (52) | 14 | 5 | 9 | 21.2% | 35.7% | -571% | -678% | |||
| QEP Resources | (68) | (14) | (54) | 123 | 46 | 77 | 20.6% | 37.4% | -155% | -170% | |||
| Summit Materials | (73) | (17) | (56) | (57) | (2) | (55) | 23.3% | 3.5% | -28% | -2% | |||
| Clovis Oncology | (78) | - | (78) | (58) | - | (58) | 0.0% | 0.0% | -34% | -34% | |||
| Royal Gold Inc | (200) | (46) | (154) | 28 | 6 | 22 | 23.0% | 21.4% | -814% | -800% | |||
| WideOpenWest | (244) | (41) | (203) | 48 | (24) | 72 | 16.8% | -50.0% | -608% | -382% | |||
| Total 62 Cos Excluding | |||||||||||||
| …..DaVita and Liberty Cos | 3,582 | 728 | 2,854 | 3,242 | 1,124 | 2,118 | 20.3% | 34.7% | 10.5% | 35% | |||
| Total 74 Colorado Cos | 3,493 | 1,663 | 1,830 | 4,487 | 1,810 | 2,677 | 47.6% | 40.3% | -22.2% | -32% | |||
