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10-Q Filing

BIG 5 SPORTING GOODS CORP CIK: 1156388 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001564590-17-008289
Period End Date 20170331
Filing Date 20170503
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance bgfv-20170402.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable, current AllowanceForDoubtfulAccountsReceivableCurrent $43.00K USD Point-in-time
Allowance for doubtful accounts receivable, current AllowanceForDoubtfulAccountsReceivableCurrent $42.00K USD Point-in-time
Accumulated amortization on other assets AccumulatedAmortizationDeferredFinanceCosts $1.46M USD Point-in-time
Accumulated amortization on other assets AccumulatedAmortizationDeferredFinanceCosts $1.42M USD Point-in-time
Cash Cash $5.91M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash Cash $7.89M USD Point-in-time
Cash Cash $7.12M USD Point-in-time
Cash Cash $6.45M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Accounts receivable, net of allowances of $43 and $42, respectively ReceivablesNetCurrent $12.20M USD Point-in-time
Accounts receivable, net of allowances of $43 and $42, respectively ReceivablesNetCurrent $10.48M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 50.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 50.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 24.78M shares Point-in-time
Merchandise inventories, net InventoryNet $294.32M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 24.93M shares Point-in-time
Merchandise inventories, net InventoryNet $296.53M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $10.09M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 22.01M shares Point-in-time
Prepaid expenses PrepaidExpenseCurrent $9.81M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 22.15M shares Point-in-time
Total current assets AssetsCurrent $324.50M USD Point-in-time
Treasury stock, shares TreasuryStockShares 2.77M shares Point-in-time
Treasury stock, shares TreasuryStockShares 2.78M shares Point-in-time
Total current assets AssetsCurrent $322.73M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $77.01M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $78.42M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $23.70M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $21.91M USD Point-in-time
Other assets, net of accumulated amortization of $1,464 and $1,420, respectively OtherAssetsNoncurrent $2.53M USD Point-in-time
Other assets, net of accumulated amortization of $1,464 and $1,420, respectively OtherAssetsNoncurrent $2.56M USD Point-in-time
Goodwill Goodwill $4.43M USD Point-in-time
Goodwill Goodwill $4.43M USD Point-in-time
Total assets Assets $428.65M USD Point-in-time
Total assets Assets $433.58M USD Point-in-time
Accounts payable AccountsPayableCurrent $101.58M USD Point-in-time
Accounts payable AccountsPayableCurrent $109.31M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $76.89M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $66.96M USD Point-in-time
Current portion of capital lease obligations CapitalLeaseObligationsCurrent $1.38M USD Point-in-time
Current portion of capital lease obligations CapitalLeaseObligationsCurrent $1.33M USD Point-in-time
Total current liabilities LiabilitiesCurrent $169.92M USD Point-in-time
Total current liabilities LiabilitiesCurrent $187.53M USD Point-in-time
Deferred rent, less current portion DeferredRentCreditNoncurrent $16.49M USD Point-in-time
Deferred rent, less current portion DeferredRentCreditNoncurrent $17.03M USD Point-in-time
Capital lease obligations, less current portion CapitalLeaseObligationsNoncurrent $2.00M USD Point-in-time
Capital lease obligations, less current portion CapitalLeaseObligationsNoncurrent $1.96M USD Point-in-time
Long-term debt LongTermLineOfCredit $10.00M USD Point-in-time
Long-term debt LongTermLineOfCredit $21.81M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $11.67M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $11.99M USD Point-in-time
Total liabilities Liabilities $221.85M USD Point-in-time
Total liabilities Liabilities $228.54M 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 24,929,642 and 24,784,367 shares, respectively; outstanding 22,153,826 and 22,012,651 shares, respectively CommonStockValue $249.00K USD Point-in-time
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 24,929,642 and 24,784,367 shares, respectively; outstanding 22,153,826 and 22,012,651 shares, respectively CommonStockValue $248.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $114.80M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $114.59M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $124.36M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $126.39M USD Point-in-time
Less: Treasury stock, at cost; 2,775,816 and 2,771,716 shares, respectively TreasuryStockValue $34.37M USD Point-in-time
Less: Treasury stock, at cost; 2,775,816 and 2,771,716 shares, respectively TreasuryStockValue $34.42M USD Point-in-time
Total stockholders' equity StockholdersEquity $198.83M USD Point-in-time
Total stockholders' equity StockholdersEquity $194.75M USD Point-in-time
Total stockholders' equity StockholdersEquity $206.80M USD Point-in-time
Total stockholders' equity StockholdersEquity $205.04M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $433.58M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $428.65M USD Point-in-time
Income Statement 28 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueGoodsNet $252.60M USD 1 Quarter
Net sales SalesRevenueGoodsNet $234.53M USD 1 Quarter
Cost of sales CostOfGoodsSold $163.56M USD 1 Quarter
Cost of sales CostOfGoodsSold $168.98M USD 1 Quarter
Gross profit GrossProfit $70.97M USD 1 Quarter
Gross profit GrossProfit $83.62M USD 1 Quarter
Selling and administrative expense SellingGeneralAndAdministrativeExpense $74.64M USD 1 Quarter
Selling and administrative expense SellingGeneralAndAdministrativeExpense $71.22M USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $-254.00K USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $8.98M USD 1 Quarter
Interest expense InterestExpense $452.00K USD 1 Quarter
Interest expense InterestExpense $268.00K USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-706.00K USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $8.71M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $413.00K USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $3.38M USD 1 Quarter
Net income (loss) NetIncomeLoss $5.33M USD 1 Quarter
Net income (loss) NetIncomeLoss $-1.12M USD 1 Quarter
Basic EarningsPerShareBasic $0.25 USD 1 Quarter
Basic EarningsPerShareBasic $-0.05 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.24 USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.05 USD 1 Quarter
Dividends per share CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Dividends per share CommonStockDividendsPerShareDeclared $0.15 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 21.58M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 21.68M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 21.92M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 21.58M shares 1 Quarter
Cash Flow Statement 62 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $5.33M USD 1 Quarter
Net income (loss) NetIncomeLoss $-1.12M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $4.69M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $4.74M USD 1 Quarter
Share-based compensation ShareBasedCompensation $584.00K USD 1 Quarter
Share-based compensation ShareBasedCompensation $639.00K USD 1 Quarter
Excess tax benefit related to share-based awards ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $51.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $44.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $43.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $1.79M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $2.56M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInReceivables $-1.72M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInReceivables $-1.91M USD 1 Quarter
Merchandise inventories, net IncreaseDecreaseInInventories $-13.02M USD 1 Quarter
Merchandise inventories, net IncreaseDecreaseInInventories $2.21M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $1.08M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-198.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $38.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-3.93M USD 1 Quarter
Accrued expenses and other long-term liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-9.34M USD 1 Quarter
Accrued expenses and other long-term liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-11.00M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $9.64M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-1.08M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.37M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.16M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-3.16M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-4.37M USD 1 Quarter
Principal borrowings under revolving credit facility ProceedsFromLongTermLinesOfCredit $70.11M USD 1 Quarter
Principal borrowings under revolving credit facility ProceedsFromLongTermLinesOfCredit $57.66M USD 1 Quarter
Principal payments under revolving credit facility RepaymentsOfLongTermLinesOfCredit $55.93M USD 1 Quarter
Principal payments under revolving credit facility RepaymentsOfLongTermLinesOfCredit $58.30M USD 1 Quarter
Changes in book overdraft IncreaseDecreaseInBookOverdrafts $-5.11M USD 1 Quarter
Changes in book overdraft IncreaseDecreaseInBookOverdrafts $-3.74M USD 1 Quarter
Principal payments under capital lease obligations RepaymentsOfLongTermCapitalLeaseObligations $354.00K USD 1 Quarter
Principal payments under capital lease obligations RepaymentsOfLongTermCapitalLeaseObligations $370.00K USD 1 Quarter
Proceeds from exercise of share option awards ProceedsFromStockOptionsExercised $14.00K USD 1 Quarter
Proceeds from exercise of share option awards ProceedsFromStockOptionsExercised $7.00K USD 1 Quarter
Excess tax benefit related to share-based awards ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $51.00K USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $37.00K USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $53.00K USD 1 Quarter
Tax withholding payments for share-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $613.00K USD 1 Quarter
Tax withholding payments for share-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $805.00K USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $2.82M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $3.39M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $3.46M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-7.15M USD 1 Quarter
Net decrease in cash CashPeriodIncreaseDecrease $-673.00K USD 1 Quarter
Net decrease in cash CashPeriodIncreaseDecrease $-1.99M USD 1 Quarter
Cash at beginning of period Cash $5.91M USD Point-in-time
Cash at beginning of period Cash $7.89M USD Point-in-time
Cash at beginning of period Cash $7.12M USD Point-in-time
Cash at beginning of period Cash $6.45M USD Point-in-time
Cash at end of period Cash $5.91M USD Point-in-time
Cash at end of period Cash $7.89M USD Point-in-time
Cash at end of period Cash $7.12M USD Point-in-time
Cash at end of period Cash $6.45M USD Point-in-time
Property and equipment acquired under capital leases CapitalLeaseObligationsIncurred $378.00K USD 1 Quarter
Property and equipment additions unpaid CapitalExpendituresIncurredButNotYetPaid $765.00K USD 1 Quarter
Property and equipment additions unpaid CapitalExpendituresIncurredButNotYetPaid $2.04M USD 1 Quarter
Interest paid InterestPaid $234.00K USD 1 Quarter
Interest paid InterestPaid $445.00K USD 1 Quarter
Income taxes paid IncomeTaxesPaid $422.00K USD 1 Quarter
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Dividends per share CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Dividends per share CommonStockDividendsPerShareDeclared $0.15 USD 1 Quarter
Beginning Balance StockholdersEquity $198.83M USD Point-in-time
Beginning Balance StockholdersEquity $194.75M USD Point-in-time
Beginning Balance StockholdersEquity $206.80M USD Point-in-time
Beginning Balance StockholdersEquity $205.04M USD Point-in-time
Net income (loss) NetIncomeLoss $5.33M USD 1 Quarter
Net income (loss) NetIncomeLoss $-1.12M USD 1 Quarter
Dividends on common stock DividendsCommonStockCash $2.74M USD 1 Quarter
Dividends on common stock DividendsCommonStockCash $3.30M USD 1 Quarter
Exercise of share option awards StockIssuedDuringPeriodValueStockOptionsExercised $14.00K USD 1 Quarter
Exercise of share option awards StockIssuedDuringPeriodValueStockOptionsExercised $7.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $584.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $639.00K USD 1 Quarter
Tax deficiency from share-based awards activity AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet $-222.00K USD 1 Quarter
Retirement of common stock for payment of withholding tax AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $805.00K USD 1 Quarter
Retirement of common stock for payment of withholding tax AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $613.00K USD 1 Quarter
Retirement of common stock for payment of withholding tax, Shares SharesPaidForTaxWithholdingForShareBasedCompensation 54,012.00 shares 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $53.00K USD 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $37.00K USD 1 Quarter
Ending Balance StockholdersEquity $198.83M USD Point-in-time
Ending Balance StockholdersEquity $194.75M USD Point-in-time
Ending Balance StockholdersEquity $206.80M USD Point-in-time
Ending Balance StockholdersEquity $205.04M USD Point-in-time

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

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