2022 Q1 Form 10-K Financial Statement

#000095017022002646 Filed on March 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $273.4M $1.162B $290.6M
YoY Change -5.93% 11.58% 33.46%
Cost Of Revenue $170.3M $726.0M $188.2M
YoY Change -9.5% 4.91% 22.86%
Gross Profit $103.0M $435.8M $102.4M
YoY Change 0.62% 24.82% 58.62%
Gross Profit Margin 37.69% 37.51% 35.24%
Selling, General & Admin $76.14M $299.8M $74.40M
YoY Change 2.34% 8.86% 4.25%
% of Gross Profit 73.9% 68.79% 72.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.687M $7.600M $5.000M
YoY Change -6.26% 13.43% 6.38%
% of Gross Profit 4.55% 1.74% 4.88%
Operating Expenses $76.14M $299.8M $74.40M
YoY Change 2.34% 8.86% 4.25%
Operating Profit $26.89M $136.0M $28.00M
YoY Change -3.95% 78.35% -510.86%
Interest Expense -$192.0K $893.0K -$200.0K
YoY Change -4.0% -52.5% -127.21%
% of Operating Profit -0.71% 0.66% -0.71%
Other Income/Expense, Net
YoY Change
Pretax Income $26.70M $135.1M $27.80M
YoY Change -3.95% 81.65% -468.21%
Income Tax $6.796M $32.74M $6.800M
% Of Pretax Income 25.45% 24.23% 24.46%
Net Earnings $19.91M $102.4M $21.00M
YoY Change -5.21% 83.03% -555.43%
Net Earnings / Revenue 7.28% 8.81% 7.23%
Basic Earnings Per Share $4.73
Diluted Earnings Per Share $885.8K $4.55 $941.7K
COMMON SHARES
Basic Shares Outstanding 22.22M 21.67M
Diluted Shares Outstanding 22.51M

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $97.42M $97.42M $64.70M
YoY Change 50.57% 50.57% 46.38%
Cash & Equivalents $97.42M $97.42M $64.65M
Short-Term Investments
Other Short-Term Assets $16.29M $16.29M $11.70M
YoY Change 39.26% 39.26% 44.44%
Inventory $280.0M $280.0M $251.2M
Prepaid Expenses $16.29M $11.68M
Receivables $13.65M $13.65M $19.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $407.3M $407.3M $347.4M
YoY Change 17.26% 17.26% -6.74%
LONG-TERM ASSETS
Property, Plant & Equipment $60.40M $330.5M $57.25M
YoY Change 5.51% -1.6% -13.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.997M $12.10M $2.914M
YoY Change 37.17% -12.34% -10.97%
Total Long-Term Assets $346.6M $346.6M $352.6M
YoY Change -1.7% -1.7% 0.0%
TOTAL ASSETS
Total Short-Term Assets $407.3M $407.3M $347.4M
Total Long-Term Assets $346.6M $346.6M $352.6M
Total Assets $754.0M $754.0M $700.0M
YoY Change 7.71% 7.71% -3.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $104.4M $104.4M $80.88M
YoY Change 29.03% 29.0% 10.43%
Accrued Expenses $85.04M $161.9M $82.88M
YoY Change 2.61% 3.4% 56.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.518M $3.518M $2.100M
YoY Change 67.52% 67.52% -16.0%
Total Short-Term Liabilities $269.8M $269.8M $239.6M
YoY Change 12.61% 12.6% 19.29%
LONG-TERM LIABILITIES
Long-Term Debt $6.456M $6.456M $2.500M
YoY Change 158.24% 158.24% -98.05%
Other Long-Term Liabilities $6.254M $210.4M $7.479M
YoY Change -16.38% -6.62% -1.72%
Total Long-Term Liabilities $6.254M $216.8M $7.479M
YoY Change -16.38% -4.81% -1.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $269.8M $269.8M $239.6M
Total Long-Term Liabilities $6.254M $216.8M $7.479M
Total Liabilities $486.6M $486.6M $467.4M
YoY Change 4.13% 4.12% -15.03%
SHAREHOLDERS EQUITY
Retained Earnings $192.3M $153.1M
YoY Change 25.6% 57.97%
Common Stock $125.2M $122.1M
YoY Change 2.52% 1.17%
Preferred Stock
YoY Change
Treasury Stock (at cost) $50.12M $42.53M
YoY Change 17.86% 0.0%
Treasury Stock Shares $4.012M $3.650M
Shareholders Equity $267.3M $267.3M $232.6M
YoY Change
Total Liabilities & Shareholders Equity $754.0M $754.0M $700.0M
YoY Change 7.71% 7.71% -3.46%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income $19.91M $102.4M $21.00M
YoY Change -5.21% 83.03% -555.43%
Depreciation, Depletion And Amortization $4.687M $7.600M $5.000M
YoY Change -6.26% 13.43% 6.38%
Cash From Operating Activities $20.34M $115.5M $12.30M
YoY Change 65.33% -22.33% -331.99%
INVESTING ACTIVITIES
Capital Expenditures -$3.598M $10.86M -$2.300M
YoY Change 56.43% 47.87% -198.21%
Acquisitions
YoY Change
Other Investing Activities $0.00 $249.0K $1.800M
YoY Change -100.0% -205.06%
Cash From Investing Activities -$3.598M -$10.62M -$600.0K
YoY Change 499.67% 98.04% -74.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.594M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -33.32M -72.15M -2.900M
YoY Change 1049.07% -17.03% -106.65%
NET CHANGE
Cash From Operating Activities 20.34M 115.5M 12.30M
Cash From Investing Activities -3.598M -10.62M -600.0K
Cash From Financing Activities -33.32M -72.15M -2.900M
Net Change In Cash -16.59M 32.77M 8.800M
YoY Change -288.48% -41.94% -75.54%
FREE CASH FLOW
Cash From Operating Activities $20.34M $115.5M $12.30M
Capital Expenditures -$3.598M $10.86M -$2.300M
Free Cash Flow $23.93M $104.7M $14.60M
YoY Change 63.92% -25.98% -291.0%

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CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
746000
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
106000
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2887000
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2858000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2165000
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
169000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7594000
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1046000
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
97000
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61793000
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5470000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-72147000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-86952000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
32766000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
56431000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64654000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8223000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
97420000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64654000
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
8276000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2382000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
668000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
624000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1856000
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
36391000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
19625000
CY2022Q1 us-gaap Number Of Stores
NumberOfStores
431
CY2022Q1 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
11000
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022 us-gaap Fiscal Period
FiscalPeriod
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">Reporting Period</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company follows the concept of a </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">52</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">-</span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">53</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> week fiscal year, which ends on the Sunday nearest December 31. Fiscal </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">2021 included 52 weeks and fiscal 2020</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> included 53 weeks.</span></p>
CY2022 bgfv Financial Information Reporting Period Minimum
FinancialInformationReportingPeriodMinimum
P364D
CY2022 bgfv Financial Information Reporting Period Maximum
FinancialInformationReportingPeriodMaximum
P371D
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">COVID-19 Impact on Concentration of Risk</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The novel coronavirus (“COVID-19”) pandemic has significantly impacted health and economic conditions throughout the United States and globally, as public concern about becoming ill with the virus has led to the issuance of recommendations and/or mandates from federal, state and local authorities to practice social distancing or self-quarantine.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> </span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company primarily operates traditional sporting goods retail stores located in the western United States, with approximately </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">52</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of its stores, along with its corporate offices and distribution center, located in California. Because of this, the Company is subject to regional risks, including the impact of the COVID-19 outbreak. Beginning on March 20, 2020, and continuing into the second quarter of fiscal 2020, the Company temporarily closed more than </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="-sec-ix-hidden:F_37ccd4ee-7d11-47a3-ac26-02c679e9f495;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">one-half</span></span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> of its retail store locations in response to state and local shelter orders related to the COVID-19 outbreak. The Company was subsequently able to gradually reopen its store locations based on initially qualifying as an “essential” business under applicable regulations and later as a result of the easing of regulatory restrictions on retail operations in the Company’s market areas. In an effort to promote social distancing protocols, the Company implemented reduced store hours, limited the number of customers in its stores at any one time and generally implemented social-distancing guidelines throughout the store operating space in fiscal 2020. As of the end of fiscal 2020 and during fiscal 2021, all of the Company’s stores were open for in-store shopping with reduced operating hours and certain COVID-19-related protocols in place. The Company may further restrict its store operations and operations in its distribution facility if deemed necessary or if recommended or mandated by authorities, and new temporary closures of stores or new safety protocols may be required if additional orders are issued in response to changing health conditions.</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">A substantial amount of the Company’s inventory is manufactured abroad. COVID-19, and surging consumer demand initially associated with the pandemic, has also impacted the Company’s supply chain for products sold, particularly those products that are sourced from Asia. To the extent one or more vendors is negatively impacted by continued supply chain disruptions or by COVID-19, including due to interruptions at or closure of those vendors’ distribution centers or manufacturing facilities, or the Company or its vendors are unable to obtain the necessary shipping capacity to transport products to the Company’s distribution center, the Company may be unable to maintain delivery schedules or adequate inventory in its stores. During the second half of fiscal 2021, the Company experienced significant shipping delays of products sourced from overseas vendors to be received at the Ports of Los Angeles and Long Beach, which reflected increased shipping volume and insufficient labor resources at the ports that have significantly increased cargo backlogs. These factors, in addition to workforce shortages in the trucking industry, have limited the Company’s ability to obtain desired quantities of inventory for various merchandise categories. While the Company has generally been able to sufficiently stock product in its stores to meet most consumer demand during the pandemic, future prolonged and sustained delays in product reaching the Company’s stores from overseas vendors, particularly during the holiday season, could result in the inability to obtain adequate levels of merchandise inventories to meet consumers’ needs, which could have an adverse impact on net sales and profitability.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">General Concentration of Risk</span></p><p style="text-indent:9.067%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company maintains its cash accounts in financial institutions, and accounts at these institutions are insured by the Federal Deposit Insurance Corporation up to $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">250,000</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">. Cash equivalents represent investments of excess cash on hand of $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">75.0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> million and $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">50.0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> million into U.S. Treasury bills as of </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">January 2, 2022 and January 3, 2021, respectively.</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Because of the Company’s geographic concentration in the western United States, the Company is subject to regional risks, such as the economy, including downturns in the housing market, state financial conditions, unemployment and gas prices. Other regional risks include weather conditions, fires, droughts, earthquakes, power outages, floods and other natural disasters specific to the states in which the Company operates.</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company relies on a single distribution center located in Riverside, California, which services all of its stores and e-commerce platform. Any natural disaster or other serious disruption to the distribution center due to fire, earthquake or any other cause could damage a significant portion of inventory and could materially impair the Company’s ability to adequately stock its stores and fulfill its e-commerce business.</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">A substantial amount of the Company’s inventory is manufactured abroad. From time to time, shipping ports experience capacity constraints (such as delays associated with COVID-19), labor strikes, work stoppages or other disruptions that may delay the delivery of imported products. A contract dispute may lead to protracted delays in the movement of the Company’s products, which could further delay the delivery of products to the Company’s stores and impact net sales and profitability. In addition, other conditions outside of the Company’s control, such as adverse weather conditions or acts of terrorism, could significantly disrupt operations at shipping ports or otherwise impact transportation of the imported merchandise we sell.</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company purchases merchandise from over </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">700</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> suppliers, and the Company’s </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">20</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> largest suppliers accounted for </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">36.8</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of total purchases in fiscal 2021</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">. </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">One</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> vendor represented greater than </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">5</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of total purchases, at </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">7.6</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">%, in fiscal 2021. </span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">A significant portion of the Company’s inventory is manufactured abroad in Asia. Foreign imports subject the Company to the risks of changes in, or the imposition of new, import tariffs, duties or quotas, new restrictions on imports, loss of “most favored nation” status with the United States for a particular foreign country, antidumping or countervailing duty orders, retaliatory actions in response to illegal trade practices, work stoppages, delays in shipment, freight expense increases, product cost increases due to foreign currency fluctuations or revaluations, public health issues that could lead to temporary closures of facilities or shipping ports, such as the recent outbreak of COVID-19, and other economic uncertainties. If a disruption of trade were to occur from the countries in which the suppliers of the Company’s vendors are located, the Company may be unable to obtain sufficient quantities of products to satisfy its requirements, or the cost of obtaining products may increase.</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">In early fiscal 2021, the Company was informed of an expansion of Nike’s direct-to-consumer initiatives that will impact certain multi-branded retailers, including the Company, and which will lead to a significant reduction in the Company’s future supply chain relative to this vendor. This transition is not expected to impact the Company’s ability to continue to purchase certain Nike branded products from authorized licensees. The Company is actively expanding its relationships with other new and existing vendors in an effort to replace the affected Nike product within its product mix.</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company could be exposed to credit risk in the event of nonperformance by its lender under its revolving credit facility. Instability in the financial and capital markets could bring additional potential risks to the Company, including higher costs of credit, potential lender defaults, and potential commercial bank failures. The Company has received no indication that any such events will negatively impact its lender under its credit facility; however, the possibility does exist.</span></p>
CY2022Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000
CY2022 bgfv Concentration Risk Number Of Suppliers
ConcentrationRiskNumberOfSuppliers
700
CY2022 bgfv Concentration Of Risk Number Of Major Customers
ConcentrationOfRiskNumberOfMajorCustomers
20
CY2022Q1 bgfv Concentration Risk Percentage Of Purchases
ConcentrationRiskPercentageOfPurchases
0.368
CY2022Q1 bgfv Concentration Risk Number Of Customers That Accounted For Greater Than Five Percent Of Purchases
ConcentrationRiskNumberOfCustomersThatAccountedForGreaterThanFivePercentOfPurchases
1
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">Use of Estimates</span></p><p style="text-indent:9.08%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Management makes a number of estimates and assumptions relating to the reporting of assets, liabilities and stockholders’ equity and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of revenue and expense during the reporting period to prepare these consolidated financial statements in conformity with GAAP. Certain items subject to such estimates and assumptions include the carrying amount of merchandise inventories, property and equipment, lease assets and lease liabilities; valuation allowances for receivables, sales returns and deferred income tax assets; estimates related to stored-value cards and the valuation of share-based compensation awards; and obligations related to litigation, self-insurance liabilities and employee benefits. Due to the inherent uncertainty involved in making assumptions and estimates, events and changes in circumstances arising after January 2, 2022</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">, including those resulting from the impacts of the COVID-19 pandemic, may result in actual outcomes that differ from those contemplated by management’s assumptions and estimates.</span></p>
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1161820000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1041212000
CY2022 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
one
CY2022 bgfv Percentage Of Gift Card Historical Breakage Rate
PercentageOfGiftCardHistoricalBreakageRate
0.05
CY2022 bgfv Stored Value Card Redemption Revenue Recognized
StoredValueCardRedemptionRevenueRecognized
5900000
CY2021 bgfv Stored Value Card Redemption Revenue Recognized
StoredValueCardRedemptionRevenueRecognized
5400000
CY2022 bgfv Revenue Recognition Gift Cards Redemption Period
RevenueRecognitionGiftCardsRedemptionPeriod
P2Y
CY2022 us-gaap Advertising Expense
AdvertisingExpense
11000000.0
CY2021 us-gaap Advertising Expense
AdvertisingExpense
10600000
CY2022 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
0
CY2021 us-gaap Cooperative Advertising Amount
CooperativeAdvertisingAmount
1100000
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
10200000
CY2021Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
11000000.0
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2021Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2022Q1 us-gaap Property Plant And Equipment Gross
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360417000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
346996000
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
301852000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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290638000
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
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12112000
CY2021Q1 us-gaap Sales And Excise Tax Payable Current
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11609000
CY2022Q1 bgfv Accrued Occupancy Costs Current
AccruedOccupancyCostsCurrent
10168000
CY2021Q1 bgfv Accrued Occupancy Costs Current
AccruedOccupancyCostsCurrent
10215000
CY2022Q1 bgfv Property Plant And Equipment Net Excluding Assets Not Placed Into Service
PropertyPlantAndEquipmentNetExcludingAssetsNotPlacedIntoService
58565000
CY2021Q1 bgfv Property Plant And Equipment Net Excluding Assets Not Placed Into Service
PropertyPlantAndEquipmentNetExcludingAssetsNotPlacedIntoService
56358000
CY2022Q1 us-gaap Construction In Progress Gross
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1836000
CY2021Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
887000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
60401000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57245000
CY2022 us-gaap Depreciation
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7600000
CY2021 us-gaap Depreciation
Depreciation
6700000
CY2022 us-gaap Adjustment For Amortization
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8000000.0
CY2021 us-gaap Adjustment For Amortization
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8900000
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
16500000
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
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10100000
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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6100000
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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5500000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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80452000
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
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0
CY2022Q1 us-gaap Other Accrued Liabilities Current
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25416000
CY2022Q1 us-gaap Employee Related Liabilities Current
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37345000
CY2021Q1 us-gaap Employee Related Liabilities Current
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37826000
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P3Y9M18D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y4M24D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y9M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.031
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.048
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.054
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061
CY2022Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3748000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
86185000
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2585000
CY2021Q1 us-gaap Other Accrued Liabilities Current
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23227000
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
85041000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
82877000
CY2022 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
options to extend the leases for up to 5 years
CY2022 us-gaap Lessee Operating Lease Existence Of Option To Extend
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true
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2940000
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2721000
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
260000
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
297000
CY2022 bgfv Finance Lease Expense
FinanceLeaseExpense
3200000
CY2021 bgfv Finance Lease Expense
FinanceLeaseExpense
3018000
CY2022 us-gaap Operating Lease Cost
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81734000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
83030000
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
18384000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
15238000
CY2022 us-gaap Sublease Income
SubleaseIncome
91000
CY2021 us-gaap Sublease Income
SubleaseIncome
1192000
CY2022 us-gaap Lease Cost
LeaseCost
103227000
CY2021 us-gaap Lease Cost
LeaseCost
100094000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
85238000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
83028000
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2887000
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2858000
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
271000
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
313000
CY2022 bgfv Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
88396000
CY2021 bgfv Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
86199000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
8723000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
56953000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
68475000
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1787000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
59654000
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1304000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
42975000
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
867000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
27670000
CY2022Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
197000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
34051000
CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
10488000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
319010000
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y9M18D
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.031
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.054
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
9974000
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
281016000
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3518000
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
76882000
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
6456000
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
204134000
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
9974000
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
281016000
CY2022Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
514000
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
37994000
CY2022 us-gaap Line Of Credit Facility Description
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The Company, Big 5 Corp. and Big 5 Services Corp. were parties to a credit agreement with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and a syndicate of other lenders, as amended (the “Prior Credit Agreement”), which was terminated and replaced on February 24, 2021, as discussed below.
CY2021Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
700000
CY2022Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0
CY2021Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
23422000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1121000
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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7582000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
31004000
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
1734000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32738000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13786000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
86000
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
13872000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4871000
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
18657000
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18445000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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4573000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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28376000
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15621000
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7167000
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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3975000
CY2022 bgfv Effective Income Tax Rate Reconciliation Additional Deduction Related To Share Based Compensation
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
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729000
CY2022 us-gaap Income Tax Reconciliation Tax Credits
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603000
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
246000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 bgfv Cares Act Of2020 Income Tax Reconciliation Net Operating Loss Carryback
CARESActOf2020IncomeTaxReconciliationNetOperatingLossCarryback
822000
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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260000
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-10000
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-11000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32738000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18445000
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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2889000
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
2986000
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
2828000
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
3509000
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
2421000
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
2581000
CY2022Q1 us-gaap Deferred Tax Assets State Taxes
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1545000
CY2021Q1 us-gaap Deferred Tax Assets State Taxes
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CY2022Q1 us-gaap Deferred Tax Assets Deferred Income
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1420000
CY2021Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1324000
CY2022Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1215000
CY2021Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2253000
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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805000
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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815000
CY2022Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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381000
CY2021Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2022Q1 us-gaap Deferred Tax Assets Other
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CY2021Q1 us-gaap Deferred Tax Assets Other
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1396000
CY2022Q1 us-gaap Deferred Tax Assets Gross
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CY2021Q1 us-gaap Deferred Tax Assets Gross
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CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
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280000
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
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683000
CY2022Q1 us-gaap Deferred Tax Assets Net
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14724000
CY2021Q1 us-gaap Deferred Tax Assets Net
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16170000
CY2022Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
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CY2021Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
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989000
CY2022Q1 bgfv Federal Liability On State Deferred Tax Assets
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CY2021Q1 bgfv Federal Liability On State Deferred Tax Assets
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CY2021Q1 us-gaap Deferred Tax Liabilities Other
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CY2022Q1 us-gaap Deferred Income Tax Liabilities
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CY2021Q1 us-gaap Deferred Income Tax Liabilities
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CY2022Q1 us-gaap Deferred Tax Assets Liabilities Net
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12097000
CY2021Q1 us-gaap Deferred Tax Assets Liabilities Net
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13831000
CY2022Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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0
CY2021Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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0
CY2022 bgfv Unrecognized Tax Benefits Period That Would Impact Effective Tax Rate
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CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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0
CY2021Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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0
CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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55940000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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842000
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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403000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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22512000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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21663000
CY2022 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Earnings Per Share Basic
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CY2022 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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3700000
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2500000
CY2020Q2 bgfv Number Of Stores Destroyed In Civil Unrest
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7
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1
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CY2021Q2 bgfv Loss Contingency Receivable Deduction
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CY2021Q2 bgfv Proceeds From Insurance Recoveries Net
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1300000
CY2021Q2 us-gaap Proceeds From Insurance Settlement Investing Activities
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200000
CY2021Q2 us-gaap Gain On Business Interruption Insurance Recovery
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500000
CY2021Q2 bgfv Gain On Property Insurance Recoveries Associated With Property Plant And Equipment
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200000
CY2021Q1 bgfv Loss Contingency Receivable Deduction
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200000
CY2021Q1 us-gaap Loss Contingency Related Receivable Carrying Value Additions
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500000
CY2021Q1 us-gaap Loss Contingency Receivable Proceeds
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2800000
CY2021Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
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CY2021Q1 us-gaap Gain On Business Interruption Insurance Recovery
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800000
CY2021Q1 bgfv Gain On Insurance Associated With Business Interruption
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300000
CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2021 us-gaap Allocated Share Based Compensation Expense
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CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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500000
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2022 bgfv Net Income Loss Reflects Net Of Tax Charge
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CY2021 bgfv Net Income Loss Reflects Net Of Tax Charge
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1300000
CY2022 bgfv Share Based Compensation Effect On Earnings Per Share Basic And Diluted
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CY2021 bgfv Share Based Compensation Effect On Earnings Per Share Basic And Diluted
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CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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742800
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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4.62
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
383035
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.96
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y7M6D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5823394
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
15105
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
4.17
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y1M28D
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
224197
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
378595
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
3.96
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y7M2D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
5752679
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.013
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.009
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M12D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.757
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.630
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.040
CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
70228
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1000000.0

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