10-K Filing

BIG 5 SPORTING GOODS CORP CIK: 1156388 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001564590-19-004817`
Period End Date	20181231
Filing Date	20190227
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	bgfv-20181230.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 28 Cash Flow Statement 66 Stockholders Equity 25

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$79.00K	USD	Point-in-time
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$28.00K	USD	Point-in-time
Accumulated amortization on other assets	`AccumulatedAmortizationDeferredFinanceCosts`	$1.57M	USD	Point-in-time
Accumulated amortization on other assets	`AccumulatedAmortizationDeferredFinanceCosts`	$1.77M	USD	Point-in-time
Cash	`Cash`	$7.17M	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
Cash	`Cash`	$7.89M	USD	Point-in-time
Cash	`Cash`	$6.76M	USD	Point-in-time
Accounts receivable, net of allowances of $28 and $79, respectively	`ReceivablesNetCurrent`	$14.18M	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
Accounts receivable, net of allowances of $28 and $79, respectively	`ReceivablesNetCurrent`	$10.89M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.92M	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$294.90M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.07M	shares	Point-in-time
Merchandise inventories, net	`InventoryNet`	$313.90M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.22M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.42M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$18.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.35M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$350.89M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.57M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$325.07M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.65M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$77.27M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$76.49M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$14.54M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$14.17M	USD	Point-in-time
Other assets, net of accumulated amortization of $1,772 and $1,575, respectively	`OtherAssetsNoncurrent`	$3.46M	USD	Point-in-time
Other assets, net of accumulated amortization of $1,772 and $1,575, respectively	`OtherAssetsNoncurrent`	$2.73M	USD	Point-in-time
Total assets	`Assets`	$445.06M	USD	Point-in-time
Total assets	`Assets`	$419.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$113.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$80.61M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$68.23M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$67.66M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.75M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$2.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$183.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$150.59M	USD	Point-in-time
Deferred rent, less current portion	`DeferredRentCreditNoncurrent`	$15.95M	USD	Point-in-time
Deferred rent, less current portion	`DeferredRentCreditNoncurrent`	$14.62M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$4.82M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$2.80M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$45.00M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$65.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.52M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$244.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$257.99M	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 25,074,307 and 24,919,624 shares, respectively; outstanding 21,424,094 and 21,345,159 shares, respectively	`CommonStockValue`	$249.00K	USD	Point-in-time
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 25,074,307 and 24,919,624 shares, respectively; outstanding 21,424,094 and 21,345,159 shares, respectively	`CommonStockValue`	$250.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$118.35M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$116.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$98.79M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$112.42M	USD	Point-in-time
Less: Treasury stock, at cost; 3,650,213 and 3,574,465 shares, respectively	`TreasuryStockValue`	$42.10M	USD	Point-in-time
Less: Treasury stock, at cost; 3,650,213 and 3,574,465 shares, respectively	`TreasuryStockValue`	$42.53M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$205.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$187.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$174.86M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$419.56M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$445.06M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$987.58M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$686.73M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$686.30M	USD	Annual
Gross profit	`GrossProfit`	$323.33M	USD	Annual
Gross profit	`GrossProfit`	$300.85M	USD	Annual
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$306.99M	USD	Annual
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$302.08M	USD	Annual
Operating (loss) income	`OperatingIncomeLoss`	$-1.23M	USD	Annual
Operating (loss) income	`OperatingIncomeLoss`	$16.34M	USD	Annual
Interest expense	`InterestExpense`	$1.64M	USD	Annual
Interest expense	`InterestExpense`	$3.37M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.70M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.60M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-1.07M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$13.59M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-3.53M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$1.10M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.05	USD	Annual
Basic	`EarningsPerShareBasic`	$-0.17	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.05	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-0.17	USD	Annual
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	Annual
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.60	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.44M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.98M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.59M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.98M	shares	Annual

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-3.53M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$1.10M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$19.22M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$19.54M	USD	Annual
Impairment of assets	`AssetImpairmentCharges`	$848.00K	USD	Annual
Impairment of assets	`AssetImpairmentCharges`	$602.00K	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$4.40M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$4.43M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.19M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.30M	USD	Annual
Amortization of other assets	`AmortizationOfOtherAssets`	$197.00K	USD	Annual
Amortization of other assets	`AmortizationOfOtherAssets`	$154.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-578.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$9.53M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$-1.31M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$-2.54M	USD	Annual
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$-18.52M	USD	Annual
Merchandise inventories, net	`IncreaseDecreaseInInventories`	$19.59M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.96M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.50M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.90M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.93M	USD	Annual
Accrued expenses and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-10.60M	USD	Annual
Accrued expenses and other long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.78M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.38M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.52M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.46M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.46M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.46M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.46M	USD	Annual
Principal borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$252.46M	USD	Annual
Principal borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$211.43M	USD	Annual
Principal payments under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$217.46M	USD	Annual
Principal payments under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$191.43M	USD	Annual
Changes in book overdraft	`IncreaseDecreaseInBookOverdrafts`	$8.37M	USD	Annual
Changes in book overdraft	`IncreaseDecreaseInBookOverdrafts`	$-16.01M	USD	Annual
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	$248.00K	USD	Annual
Principal payments under capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.68M	USD	Annual
Principal payments under capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$2.03M	USD	Annual
Proceeds from exercise of share option awards	`ProceedsFromStockOptionsExercised`	$67.00K	USD	Annual
Proceeds from exercise of share option awards	`ProceedsFromStockOptionsExercised`	$31.00K	USD	Annual
Proceeds from disgorgement of stockholder's short-swing profits	`ProceedsFromDisgorgementOfStockholderShortSwingProfits`	$136.00K	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$7.73M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$428.00K	USD	Annual
Tax withholding payments for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$805.00K	USD	Annual
Tax withholding payments for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$366.00K	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$12.98M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$10.66M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.46M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.12M	USD	Annual
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-725.00K	USD	Annual
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-405.00K	USD	Annual
Cash at beginning of year	`Cash`	$7.17M	USD	Point-in-time
Cash at beginning of year	`Cash`	$7.89M	USD	Point-in-time
Cash at beginning of year	`Cash`	$6.76M	USD	Point-in-time
Cash at end of year	`Cash`	$7.17M	USD	Point-in-time
Cash at end of year	`Cash`	$7.89M	USD	Point-in-time
Cash at end of year	`Cash`	$6.76M	USD	Point-in-time
Property and equipment acquired under capital leases	`CapitalLeaseObligationsIncurred`	$2.91M	USD	Annual
Property and equipment acquired under capital leases	`CapitalLeaseObligationsIncurred`	$4.68M	USD	Annual
Property and equipment additions unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$758.00K	USD	Annual
Property and equipment additions unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$1.47M	USD	Annual
Interest paid	`InterestPaidNet`	$1.19M	USD	Annual
Interest paid	`InterestPaidNet`	$3.16M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$14.29M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$20.00K	USD	Annual

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	Annual
Dividends per share	`CommonStockDividendsPerShareDeclared`	$0.60	USD	Annual
Beginning Balance	`StockholdersEquity`	$205.04M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$187.07M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$174.86M	USD	Point-in-time
Cumulative adjustment from change in accounting principle related to gift cards	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$575.00K	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-3.53M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$1.10M	USD	Annual
Dividends on common stock	`DividendsCommonStockCash`	$13.04M	USD	Annual
Dividends on common stock	`DividendsCommonStockCash`	$10.68M	USD	Annual
Exercise of share option awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$67.00K	USD	Annual
Exercise of share option awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$31.00K	USD	Annual
Exercise of share option awards, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	6,564.00	shares	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.19M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.30M	USD	Annual
Retirement of common stock for payment of withholding tax	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$805.00K	USD	Annual
Retirement of common stock for payment of withholding tax	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$366.00K	USD	Annual
Retirement of common stock for payment of withholding tax, Shares	`SharesPaidForTaxWithholdingForShareBasedCompensation`	53,343.00	shares	Annual
Net disgorgement of stockholder's short-swing profits	`NetDisgorgementOfStockholdersShortSwingProfitsValue`	$136.00K	USD	Annual
Net disgorgement of stockholder's short-swing profits	`NetDisgorgementOfStockholdersShortSwingProfitsValue`	$100.00K	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$428.00K	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$7.73M	USD	Annual
Ending Balance	`StockholdersEquity`	$205.04M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$187.07M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$174.86M	USD	Point-in-time

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