10-Q Filing

BIG 5 SPORTING GOODS CORP CIK: 1156388 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-449279`
Period End Date	20120930
Filing Date	20121102
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	bgfv-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 56 Cash Flow Statement 77

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$113.00K	USD	Point-in-time
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$142.00K	USD	Point-in-time
Accumulated amortization on other assets	`AccumulatedAmortizationDeferredFinanceCosts`	$383.00K	USD	Point-in-time
Accumulated amortization on other assets	`AccumulatedAmortizationDeferredFinanceCosts`	$573.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.90M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowances of $113 and $142, respectively	`ReceivablesNetCurrent`	$9.44M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowances of $113 and $142, respectively	`ReceivablesNetCurrent`	$13.11M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.60M	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$275.84M	USD	Point-in-time
Merchandise inventories, net	`InventoryNet`	$264.28M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.48M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.60M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.44M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.89M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.97M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.08M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.59M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$8.41M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$298.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$307.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$75.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$70.75M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$14.35M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$13.24M	USD	Point-in-time
Other assets, net of accumulated amortization of $573 and $383, respectively	`OtherAssetsNoncurrent`	$2.36M	USD	Point-in-time
Other assets, net of accumulated amortization of $573 and $383, respectively	`OtherAssetsNoncurrent`	$2.09M	USD	Point-in-time
Goodwill	`Goodwill`	$4.43M	USD	Point-in-time
Goodwill	`Goodwill`	$4.43M	USD	Point-in-time
Total assets	`Assets`	$399.42M	USD	Point-in-time
Total assets	`Assets`	$394.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$92.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$77.59M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$62.55M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$60.88M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.62M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$154.88M	USD	Point-in-time
Deferred rent, less current portion	`DeferredRentCreditNoncurrent`	$21.57M	USD	Point-in-time
Deferred rent, less current portion	`DeferredRentCreditNoncurrent`	$22.48M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$3.02M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$3.15M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$52.57M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$63.48M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.06M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$237.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$239.12M	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 23,603,104 and 23,483,815 shares, respectively; outstanding 21,601,268 and 21,890,970 shares, respectively	`CommonStockValue`	$235.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 23,603,104 and 23,483,815 shares, respectively; outstanding 21,601,268 and 21,890,970 shares, respectively	`CommonStockValue`	$236.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$100.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$99.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$85.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$79.04M	USD	Point-in-time
Less: Treasury stock, at cost; 2,001,836 and 1,592,845 shares, respectively	`TreasuryStockValue`	$22.35M	USD	Point-in-time
Less: Treasury stock, at cost; 2,001,836 and 1,592,845 shares, respectively	`TreasuryStockValue`	$25.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$156.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$160.31M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$394.06M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$399.42M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$234.68M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$675.41M	USD	3 Qtrs
Net sales	`SalesRevenueGoodsNet`	$696.88M	USD	3 Qtrs
Net sales	`SalesRevenueGoodsNet`	$251.77M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$167.90M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$157.69M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$472.50M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$454.50M	USD	3 Qtrs
Gross profit	`GrossProfit`	$224.38M	USD	3 Qtrs
Gross profit	`GrossProfit`	$220.91M	USD	3 Qtrs
Gross profit	`GrossProfit`	$76.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$83.87M	USD	1 Quarter
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$201.59M	USD	3 Qtrs
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$67.48M	USD	1 Quarter
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$70.38M	USD	1 Quarter
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$205.56M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$18.82M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$13.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$19.32M	USD	3 Qtrs
Interest expense	`InterestExpense`	$632.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.65M	USD	3 Qtrs
Interest expense	`InterestExpense`	$469.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.84M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.02M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.49M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.87M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.17M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$5.80M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$6.29M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$4.85M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$3.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.88M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.68M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.54	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.51	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.53	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.50	USD	3 Qtrs
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.23	USD	3 Qtrs
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.23	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.69M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.32M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.66M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.41M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.48M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.87M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.59M	shares	3 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$8.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.88M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.78M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.13M	USD	3 Qtrs
Impairment of store assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$600.00K	USD	1 Quarter
Impairment of store assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$208.00K	USD	3 Qtrs
Impairment of store assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$576.00K	USD	3 Qtrs
Impairment of store assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$200.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.32M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.34M	USD	3 Qtrs
Excess tax benefit related to share-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$12.00K	USD	3 Qtrs
Excess tax benefit related to share-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$85.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$245.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$190.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.79M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$263.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$244.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$-3.42M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$-6.24M	USD	3 Qtrs
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$11.56M	USD	3 Qtrs
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$25.82M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$391.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$196.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.83M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$15.22M	USD	3 Qtrs
Accrued expenses and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-3.08M	USD	3 Qtrs
Accrued expenses and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-13.51M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.57M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.53M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.28M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.82M	USD	3 Qtrs
Proceeds from solar energy rebate	`ProceedsFromSolarEnergyRebate`	$250.00K	USD	3 Qtrs
Proceeds from solar energy rebate	`ProceedsFromSolarEnergyRebate`	$500.00K	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$502.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.03M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.81M	USD	3 Qtrs
Principal borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$150.49M	USD	3 Qtrs
Principal borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$165.61M	USD	3 Qtrs
Principal payments under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$161.39M	USD	3 Qtrs
Principal payments under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$144.81M	USD	3 Qtrs
Changes in book overdraft	`IncreaseDecreaseInBookOverdrafts`	$-933.00K	USD	3 Qtrs
Changes in book overdraft	`IncreaseDecreaseInBookOverdrafts`	$3.08M	USD	3 Qtrs
Principal payments under capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.32M	USD	3 Qtrs
Principal payments under capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.57M	USD	3 Qtrs
Proceeds from exercise of share option awards	`ProceedsFromStockOptionsExercised`	$97.00K	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`	$12.00K	USD	3 Qtrs
Excess tax benefit related to share-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$85.00K	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.19M	USD	3 Qtrs
Tax withholding payments for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$282.00K	USD	3 Qtrs
Tax withholding payments for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$283.00K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.88M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$4.90M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-21.41M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.49M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$97.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-897.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.90M	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`	$5.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.90M	USD	Point-in-time
Property and equipment acquired under capital leases	`CapitalLeaseObligationsIncurred`	$1.33M	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`	$1.91M	USD	3 Qtrs
Solar energy rebate receivable	`SolarEnergyRebateReceivable`	$250.00K	USD	3 Qtrs
Interest paid	`InterestPaid`	$1.49M	USD	3 Qtrs
Interest paid	`InterestPaid`	$1.53M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$1.75M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$2.68M	USD	3 Qtrs

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