10-Q Filing

BIG 5 SPORTING GOODS CORP CIK: 1156388 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-295259`
Period End Date	20110930
Filing Date	20111103
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	bgfv-20111002.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 56 Cash Flow Statement 76

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.62M	USD	Point-in-time
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$89.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.14M	USD	Point-in-time
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$201.00K	USD	Point-in-time
Accumulated amortization on other assets	`AccumulatedAmortizationDeferredFinanceCosts`	$69.00K	USD	Point-in-time
Accounts receivable, net of allowances of $89 and $201, respectively	`ReceivablesNetCurrent`	$15.00M	USD	Point-in-time
Accumulated amortization on other assets	`AccumulatedAmortizationDeferredFinanceCosts`	$314.00K	USD	Point-in-time
Accounts receivable, net of allowances of $89 and $201, respectively	`ReceivablesNetCurrent`	$9.01M	USD	Point-in-time
Merchandise inventories, net	`InventoryNet`	$254.22M	USD	Point-in-time
Merchandise inventories, net	`InventoryNet`	$280.04M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.71M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.59M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$8.22M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.45M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$309.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$291.87M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.32M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$76.83M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$81.33M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.48M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$12.40M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.83M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$13.36M	USD	Point-in-time
Other assets, net of accumulated amortization of $314 and $69, respectively	`OtherAssetsNoncurrent`	$2.15M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.48M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.48M	shares	Point-in-time
Other assets, net of accumulated amortization of $314 and $69, respectively	`OtherAssetsNoncurrent`	$2.32M	USD	Point-in-time
Goodwill	`Goodwill`	$4.43M	USD	Point-in-time
Goodwill	`Goodwill`	$4.43M	USD	Point-in-time
Total assets	`Assets`	$392.36M	USD	Point-in-time
Total assets	`Assets`	$406.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$94.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$91.61M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$64.39M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$53.54M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.93M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$161.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$146.78M	USD	Point-in-time
Deferred rent, less current portion	`DeferredRentCreditNoncurrent`	$22.89M	USD	Point-in-time
Deferred rent, less current portion	`DeferredRentCreditNoncurrent`	$24.35M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$2.57M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$1.57M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$69.12M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$48.31M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.36M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$247.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$241.63M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 23,477,865 and 23,315,832 shares, respectively; outstanding 21,994,570 and 21,832,537 shares, respectively	`CommonStockValue`	$233.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 23,477,865 and 23,315,832 shares, respectively; outstanding 21,994,570 and 21,832,537 shares, respectively	`CommonStockValue`	$235.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$99.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$97.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$80.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$73.95M	USD	Point-in-time
Less: Treasury stock, at cost; 1,483,295 shares	`TreasuryStockValue`	$21.37M	USD	Point-in-time
Less: Treasury stock, at cost; 1,483,295 shares	`TreasuryStockValue`	$21.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$150.73M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$158.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$392.36M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$406.48M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$670.10M	USD	3 Qtrs
Net sales	`SalesRevenueGoodsNet`	$231.75M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$234.68M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$675.41M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$454.50M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$154.34M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$157.69M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$448.17M	USD	3 Qtrs
Gross profit	`GrossProfit`	$221.93M	USD	3 Qtrs
Gross profit	`GrossProfit`	$76.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$220.91M	USD	3 Qtrs
Gross profit	`GrossProfit`	$77.42M	USD	1 Quarter
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$66.30M	USD	1 Quarter
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$201.59M	USD	3 Qtrs
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$194.37M	USD	3 Qtrs
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$67.48M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$11.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$19.32M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$27.57M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.37M	USD	3 Qtrs
Interest expense	`InterestExpense`	$603.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$632.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.84M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.49M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.20M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.51M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.87M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$5.80M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$3.69M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$3.06M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$9.59M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$11.68M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.77	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.54	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.53	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.76	USD	3 Qtrs
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	3 Qtrs
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.23	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.54M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.66M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.69M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.58M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.84M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.87M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.87M	shares	3 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$11.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.78M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.97M	USD	3 Qtrs
Impairment of store assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$576.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.34M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.33M	USD	3 Qtrs
Excess tax benefit related to share-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$85.00K	USD	3 Qtrs
Excess tax benefit related to share-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$294.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$66.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$245.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$263.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.98M	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$244.00K	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-18.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$-6.24M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$-4.77M	USD	3 Qtrs
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$20.40M	USD	3 Qtrs
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$25.82M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$196.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$693.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.75M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.83M	USD	3 Qtrs
Accrued expenses and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-13.51M	USD	3 Qtrs
Accrued expenses and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-6.51M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.65M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.57M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.60M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.82M	USD	3 Qtrs
Proceeds from solar energy rebate	`ProceedsFromSolarEnergyRebate`	$500.00K	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.00K	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$502.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.81M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.60M	USD	3 Qtrs
Principal borrowings under current revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$165.61M	USD	3 Qtrs
Principal payments under current revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$144.81M	USD	3 Qtrs
Net principal payments under previous revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$273.00K	USD	3 Qtrs
Changes in book overdraft	`IncreaseDecreaseInBookOverdrafts`	$3.08M	USD	3 Qtrs
Changes in book overdraft	`IncreaseDecreaseInBookOverdrafts`	$-1.87M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$102.00K	USD	3 Qtrs
Principal payments under capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.57M	USD	3 Qtrs
Principal payments under capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.52M	USD	3 Qtrs
Proceeds from exercise of share option awards	`ProceedsFromStockOptionsExercised`	$641.00K	USD	3 Qtrs
Proceeds from exercise of share option awards	`ProceedsFromStockOptionsExercised`	$283.00K	USD	3 Qtrs
Excess tax benefit related to share-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$294.00K	USD	3 Qtrs
Excess tax benefit related to share-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$85.00K	USD	3 Qtrs
Tax withholding payments for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$143.00K	USD	3 Qtrs
Tax withholding payments for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$283.00K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.90M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.25M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.67M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.49M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-897.00K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.62M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.76M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.14M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.76M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.14M	USD	Point-in-time
Property and equipment acquired under capital leases	`CapitalLeaseObligationsIncurred`	$1.31M	USD	3 Qtrs
Property and equipment acquired under capital leases	`CapitalLeaseObligationsIncurred`	$2.29M	USD	3 Qtrs
Property and equipment purchases accrued	`CapitalExpendituresIncurredButNotYetPaid`	$2.22M	USD	3 Qtrs
Property and equipment purchases accrued	`CapitalExpendituresIncurredButNotYetPaid`	$2.56M	USD	3 Qtrs
Debt issuance costs accrued	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$350.00K	USD	3 Qtrs
Solar energy rebate receivable	`SolarEnergyRebateReceivable`	$250.00K	USD	3 Qtrs
Interest paid	`InterestPaid`	$1.49M	USD	3 Qtrs
Interest paid	`InterestPaid`	$1.11M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$2.68M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$10.62M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.