Build-A-Bear Workshop (BBW) 10-Q 10 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jul. 01, 2017	Aug. 04, 2017
Document Information [Line Items]
Entity Registrant Name	BUILD A BEAR WORKSHOP INC
Entity Central Index Key	1,113,809
Trading Symbol	bbw
Current Fiscal Year End Date	--12-30
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		16,033,667
Document Type	10-Q
Document Period End Date	Jul. 1, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 01, 2017	Dec. 31, 2016	Jul. 02, 2016
Current assets:
Cash and cash equivalents	$ 12,568	$ 32,483	$ 10,156
Inventories	58,403	51,885	55,463
Receivables	9,033	12,939	9,380
Prepaid expenses and other current assets	12,823	12,737	13,817
Total current assets	92,827	110,044	88,816
Property and equipment, net of accumulated depreciation of $170,785; $172,333 and $183,829, respectively	75,667	74,924	69,872
Deferred tax assets	10,256	8,256	10,944
Other intangible assets, net	1,361	1,721	1,859
Other assets, net	2,493	4,650	4,869
Total Assets	182,604	199,595	176,360
Current liabilities:
Accounts payable	17,016	27,861	22,404
Accrued expenses	11,285	15,897	10,427
Gift cards and customer deposits	29,559	37,070	28,864
Deferred revenue	1,803	2,029	2,250
Other current liabilities	82
Total current liabilities	59,745	82,857	63,945
Deferred rent	17,432	15,438	14,412
Deferred franchise revenue	540	565	636
Other liabilities	1,560	1,623	927
Stockholders' equity:
Preferred stock, par value $0.01, Shares authorized: 15,000,000; No shares issued or outstanding at July 1, 2017, December 31, 2016 and July 2, 2016
Common stock, par value $0.01, Shares authorized: 50,000,000; Issued and outstanding: 16,034,437; 15,856,927 and 15,856,305 shares, respectively	160	159	159
Additional paid-in capital	69,689	68,001	66,455
Accumulated other comprehensive loss	(12,010)	(12,727)	(11,696)
Retained earnings	45,488	43,679	41,522
Total stockholders' equity	103,327	99,112	96,440
Total Liabilities and Stockholders' Equity	$ 182,604	$ 199,595	$ 176,360

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jul. 01, 2017	Dec. 31, 2016	Jul. 02, 2016
Property and equipment, accumulated depreciation	$ 170,785	$ 172,333	$ 183,829
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	15,000,000	15,000,000	15,000,000
Preferred stock, shares issued (in shares)	0	0	0
Preferred stock, shares outstanding (in shares)	0	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	50,000,000	50,000,000	50,000,000
Common stock, shares issued (in shares)	16,034,437	15,856,927	15,856,305
Common stock, shares outstanding (in shares)	16,034,437	15,856,927	15,856,305

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016
Revenues:
Net retail sales	$ 74,422	$ 73,928	$ 163,007	$ 167,984
Commercial revenue	2,126	798	3,733	1,279
Franchise fees	678	413	1,117	852
Total revenues	77,226	75,139	167,857	170,115
Costs and expenses:
Selling, general and administrative	35,843	37,050	73,492	76,731
Store preopening	873	1,154	1,512	2,398
Interest expense (income), net	(7)	(11)	(18)	(38)
Total costs and expenses	79,842	81,382	165,878	171,086
(Loss) income before income taxes	(2,616)	(6,243)	1,979	(971)
Income tax (benefit) expense	(1,083)	(1,942)	747	(188)
Net (loss) income	(1,533)	(4,301)	1,232	(783)
Foreign currency translation adjustment	495	(1,082)	717	(1,725)
Comprehensive (loss) income	$ (1,038)	$ (5,383)	$ 1,949	$ (2,508)
(Loss) income per common share:
Basic (in dollars per share)	$ (0.10)	$ (0.28)	$ 0.08	$ (0.05)
Diluted (in dollars per share)	$ (0.10)	$ (0.28)	$ 0.08	$ (0.05)
Shares used in computing common per share amounts:
Basic (in shares)	15,627,324	15,486,462	15,583,631	15,448,580
Diluted (in shares)	15,627,324	15,486,462	15,773,051	15,448,580
Retail [Member]
Costs and expenses:
Cost of merchandise sold	$ 41,902	$ 42,760	$ 88,770	$ 91,317
Commercial [Member]
Costs and expenses:
Cost of merchandise sold	$ 1,231	$ 429	$ 2,122	$ 678

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jul. 01, 2017	Jul. 02, 2016
Cash flows from operating activities:
Net income (loss)	$ 1,232	$ (783)
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	7,883	7,619
Stock-based compensation	1,898	1,497
Deferred taxes	1,301	41
Provision for doubtful accounts	419
Impairment of store assets	82	94
Loss on disposal of property and equipment	41	132
Change in assets and liabilities:
Inventories	(5,926)	(2,131)
Receivables	3,561	3,554
Prepaid expenses and other assets	74	(190)
Accounts payable and accrued expenses	(15,675)	(27,706)
Lease related liabilities	1,913	2,329
Gift cards and customer deposits	(7,645)	(6,256)
Deferred revenue	(261)	(437)
Net cash used in operating activities	(11,103)	(22,237)
Cash flows from investing activities:
Purchases of property and equipment	(7,896)	(11,317)
Purchases of other assets and other intangible assets	(131)	(565)
Proceeds from sale or maturitiy of short term investments		1,461
Cash used in investing activities	(8,027)	(10,421)
Cash flows from financing activities:
Proceeds from the exercise of employee stock options, net of withholding tax payments	(454)	(495)
Payments made under capital leases	(36)
Purchases of Company's common stock		(1,469)
Cash used in financing activities	(490)	(1,964)
Effect of exchange rates on cash	(295)	(418)
Net decrease in cash and cash equivalents	(19,915)	(35,040)
Cash and cash equivalents, beginning of period	32,483	45,196
Cash and cash equivalents, end of period	$ 12,568	$ 10,156

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1. The condensed consolidated financial statements included herein are unaudited and have been prepared by Build-A-Bear Workshop, Inc. and its subsidiaries (collectively, the Company) pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to such rules and regulations. The condensed consolidated balance sheet of the Company as of December 31, 2016 not December 31, 2016, 10 March 16, 2017. The Company adopted Accounting Standards Update (ASU) No. 2016 09, Compensation – Stock Compensation: Improvements to Employee Share-Based Payment Accounting , January 1, 2017. first 2017, $1.6 $0.3 $1.9 $0.6 Additionally, the Company early adopted ASU No. 2016 16, Income Taxes – Intra-Entity Transfers of Assets Other Than Inventory , January 1, 2017. first 2017 $1.0 $2.3 $1.3

Note 2 - Prepaid Expenses and O

Note 2 - Prepaid Expenses and Other Assets	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Prepaid Expenses and Other Assets [Text Block]	2. Prepaid expenses and other current assets consist of the following (in thousands): July 1, December 31, July 2, 2017 2016 2016 Prepaid rent $ 7,529 $ 7,191 $ 6,920 Other 5,294 5,546 6,897 Total $ 12,823 $ 12,737 $ 13,817

Note 3 - Accrued Expenses

Note 3 - Accrued Expenses	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	3 . Accrued Expenses Accrued expenses consist of the following (in thousands): July 1, December 31, July 2, 2017 2016 2016 Accrued wages, bonuses and related expenses $ 5,491 $ 5,596 $ 4,787 Sales tax payable 1,816 5,075 1,284 Accrued rent and related expenses 3,950 4,615 4,062 Current income taxes payable 28 611 294 Total $ 11,285 $ 15,897 $ 10,427

Note 4 - Stock-based Compensati

Note 4 - Stock-based Compensation	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	4. On March 14, 2017, 2017 May 11, 2017, 2017 may may March 14, 2027, 1,000,000, 2004 March 21, 2017 may For the thirteen twenty-six July 1, 2017, $0.9 $1.9 thirteen twenty-six July 2, 2016, $0.8 $1.5 July 1, 2017, $5.4 1.6 The following table is a summary of the balances and activity for stock options for the twenty-six July 1, 2017: Options Shares Weighted Average Exercise Price Outstanding, December 31, 2016 757,784 $ 9.91 Granted 72,051 8.85 Exercised 1,269 6.36 Forfeited 26,795 13.45 Canceled or expired 8,320 11.27 Outstanding, July 1, 2017 793,451 $ 9.69 The following table is a summary of the balances and activity for the plan related to time-based and performance-based restricted stock for the twenty-six July 1, 2017: Restricted Stock Performance Shares Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value Outstanding, December 31, 2016 316,116 $ 13.30 241,141 $ 15.39 Granted 252,121 9.19 83,897 8.85 Vested 174,032 12.16 6,472 20.54 Forfeited 24,331 12.96 15,247 14.28 Canceled or expired — — 13,704 13.68 Outstanding, July 1, 2017 369,874 $ 11.05 289,615 $ 13.66 The total fair value of shares vested during the twenty-six July 1, 2017 July 2, 2016 $2.2 $1.6 In March 2017, three 2017, 2018 2019. 25% 200% 2017, 13,704 2016 2016 not The outstanding performance shares as of July 1, 2017 Performance Shares Earned shares subject to time-based restrictions at actual 6,325 Unearned shares subject to performance-based restrictions at target: 2015 - 2017 consolidated total revenues 50,000 2016 - 2018 consolidated total revenues 149,393 2017 - 2019 consolidated pre-tax income 83,897 Performance shares outstanding, July 1, 2017 289,615

Note 5 - Income Taxes

Note 5 - Income Taxes	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	5. The effective tax rate was 41.4% 37.7% thirteen twenty-six July 1, 2017, 31.1% 19.4% thirteen twenty-six July 2, 2016, 2017 34% 2016

Note 6 - Stockholders' Equity

Note 6 - Stockholders' Equity	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	6. The following table sets forth the changes in stockholders’ equity for the twenty-six July 1, 2017 July 2, 2016: Twenty-six weeks ended July 1, 2017 July 2, 2016 Beginning balance $ 99,112 $ 99,414 Stock-based compensation 1,898 1,497 Shares issued under employee stock plans (454 ) (494 ) Adoption of new accounting standards 822 - Share repurchase and retirement - (1,469 ) Other comprehensive income (loss) 717 (1,725 ) Net income 1,232 (783 ) Ending balance $ 103,327 $ 96,440

Note 7 - (Loss) Income Per Shar

Note 7 - (Loss) Income Per Share	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	7. The Company uses the two no not Thirteen weeks ended Twenty-six weeks ended July 1, 2017 July 2, 2016 July 1, 2017 July 2, 2016 NUMERATOR: Net (loss) income before allocation of earnings to participating securities $ (1,533 ) $ (4,301 ) $ 1,232 $ (783 ) Less: Earnings allocated to participating securities - - 18 - Net (loss) income after allocation of earnings to participating securities $ (1,533 ) $ (4,301 ) $ 1,214 $ (783 ) DENOMINATOR: Weighted average number of common shares outstanding - basic 15,627,324 15,486,462 15,583,631 15,448,580 Dilutive effect of share-based awards: - - 189,420 - Weighted average number of common shares outstanding - dilutive 15,627,324 15,486,462 15,773,051 15,448,580 Basic (loss) income per common share attributable to Build-A-Bear Workshop, Inc. stockholders: $ (0.10 ) $ (0.28 ) $ 0.08 $ (0.05 ) Diluted (loss) income per common share attributable to Build-A-Bear Workshop, Inc. stockholders $ (0.10 ) $ (0.28 ) $ 0.08 $ (0.05 ) In calculating diluted income per share for the twenty-six July 1, 2017, 314,231 not thirteen July 1, 2017 July 2, 2016 twenty-six July 2, 2016,

Note 8 - Comprehensive (Loss) I

Note 8 - Comprehensive (Loss) Income	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	8. The difference between comprehensive income or loss and net income or loss results from foreign currency translation adjustments on the balance sheets of subsidiaries whose functional currency is not July 1, 2017, December 31, 2016 July 2, 2016 thirteen twenty-six July 1, 2017 July 2, 2016, no

Note 9 - Segment Information

Note 9 - Segment Information	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	9. The Company’s operations are conducted through three third three Following is a summary of the financial information for the Company’s reportable segments (in thousands): Direct-to- International Consumer Commercial Franchising Total Thirteen weeks ended July 1, 2017 Net sales to external customers $ 74,422 $ 2,126 $ 678 $ 77,226 Income (loss) before income taxes (3,422 ) 945 (139 ) (2,616 ) Capital expenditures 5,717 - 19 5,736 Depreciation and amortization 3,940 1 16 3,957 Thirteen weeks ended July 2, 2016 Net sales to external customers $ 73,928 $ 798 $ 413 $ 75,139 Income (loss) before income taxes (6,648 ) 270 135 (6,243 ) Capital expenditures 5,677 - 20 5,697 Depreciation and amortization 3,785 1 22 3,808 Twenty-six weeks ended July 1, 2017 Net sales to external customers $ 163,007 $ 3,733 $ 1,117 $ 167,857 Income before income taxes 396 1,548 35 1,979 Capital expenditures 8,008 - 19 8,027 Depreciation and amortization 7,849 1 33 7,883 Twenty-six weeks ended July 2, 2016 Net sales to external customers $ 167,984 $ 1,279 $ 852 $ 170,115 Income (loss) before income taxes (1,452 ) 413 68 (971 ) Capital expenditures 11,857 - 25 11,882 Depreciation and amortization 7,571 1 47 7,619 Total Assets as of: July 1, 2017 $ 173,369 $ 6,926 $ 2,309 $ 182,604 July 2, 2016 $ 168,827 $ 5,377 $ 2,156 $ 176,360 The Company’s reportable segments are primarily determined by the types of products and services that they offer. Each reportable segment may North America (1) Europe (2) Other (3) Total Thirteen weeks ended July 1, 2017 Net sales to external customers $ 64,102 $ 12,654 $ 470 $ 77,226 Property and equipment, net 66,088 9,545 34 75,667 Thirteen weeks ended July 2, 2016 Net sales to external customers $ 61,371 $ 13,430 $ 338 $ 75,139 Property and equipment, net 61,263 7,548 1,061 69,872 Twenty-six weeks ended July 1, 2017 Net sales to external customers $ 140,826 $ 26,094 $ 937 $ 167,857 Property and equipment, net 66,088 9,545 34 $ 75,667 Twenty-six weeks ended July 2, 2016 Net sales to external customers $ 140,878 $ 28,638 $ 599 $ 170,115 Property and equipment, net 61,263 7,548 1,061 69,872 For purposes of this table only: ( 1 ( 2 ( 3 2016,

Note 10 - Contingencies

Note 10 - Contingencies	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	10 . Contingencies In the normal course of business, the Company is subject to regular examination by various taxing authorities for years not one 2012 July 1, 2017, $3.3 $2.6 $0.7 not

Note 11 - Recently Issued Accou

Note 11 - Recently Issued Accounting Pronouncements	6 Months Ended
	Jul. 01, 2017
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	1 1. Recently Issued Accounting Pronouncements In May 2014, No. 2014 09, Revenue from Contracts with Customers 2014 09 2014 09 2014 09 2018, 2017 2016, 98% 2016, 2014 09 first 2018 In February 2016, No. 2016 02, Leases 2016 02 2016 02 2016 02 2019, 2016 02

Note 2 - Prepaid Expenses and17

Note 2 - Prepaid Expenses and Other Assets (Tables)	6 Months Ended
	Jul. 01, 2017
Notes Tables
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	July 1, December 31, July 2, 2017 2016 2016 Prepaid rent $ 7,529 $ 7,191 $ 6,920 Other 5,294 5,546 6,897 Total $ 12,823 $ 12,737 $ 13,817

Note 3 - Accrued Expenses (Tabl

Note 3 - Accrued Expenses (Tables)	6 Months Ended
	Jul. 01, 2017
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	July 1, December 31, July 2, 2017 2016 2016 Accrued wages, bonuses and related expenses $ 5,491 $ 5,596 $ 4,787 Sales tax payable 1,816 5,075 1,284 Accrued rent and related expenses 3,950 4,615 4,062 Current income taxes payable 28 611 294 Total $ 11,285 $ 15,897 $ 10,427

Note 4 - Stock-based Compensa19

Note 4 - Stock-based Compensation (Tables)	6 Months Ended
	Jul. 01, 2017
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Options Shares Weighted Average Exercise Price Outstanding, December 31, 2016 757,784 $ 9.91 Granted 72,051 8.85 Exercised 1,269 6.36 Forfeited 26,795 13.45 Canceled or expired 8,320 11.27 Outstanding, July 1, 2017 793,451 $ 9.69
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	Restricted Stock Performance Shares Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value Outstanding, December 31, 2016 316,116 $ 13.30 241,141 $ 15.39 Granted 252,121 9.19 83,897 8.85 Vested 174,032 12.16 6,472 20.54 Forfeited 24,331 12.96 15,247 14.28 Canceled or expired — — 13,704 13.68 Outstanding, July 1, 2017 369,874 $ 11.05 289,615 $ 13.66
Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]	Performance Shares Earned shares subject to time-based restrictions at actual 6,325 Unearned shares subject to performance-based restrictions at target: 2015 - 2017 consolidated total revenues 50,000 2016 - 2018 consolidated total revenues 149,393 2017 - 2019 consolidated pre-tax income 83,897 Performance shares outstanding, July 1, 2017 289,615

Note 6 - Stockholders' Equity (

Note 6 - Stockholders' Equity (Tables)	6 Months Ended
	Jul. 01, 2017
Notes Tables
Schedule of Stockholders Equity [Table Text Block]	Twenty-six weeks ended July 1, 2017 July 2, 2016 Beginning balance $ 99,112 $ 99,414 Stock-based compensation 1,898 1,497 Shares issued under employee stock plans (454 ) (494 ) Adoption of new accounting standards 822 - Share repurchase and retirement - (1,469 ) Other comprehensive income (loss) 717 (1,725 ) Net income 1,232 (783 ) Ending balance $ 103,327 $ 96,440

Note 7 - (Loss) Income Per Sh21

Note 7 - (Loss) Income Per Share (Tables)	6 Months Ended
	Jul. 01, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Thirteen weeks ended Twenty-six weeks ended July 1, 2017 July 2, 2016 July 1, 2017 July 2, 2016 NUMERATOR: Net (loss) income before allocation of earnings to participating securities $ (1,533 ) $ (4,301 ) $ 1,232 $ (783 ) Less: Earnings allocated to participating securities - - 18 - Net (loss) income after allocation of earnings to participating securities $ (1,533 ) $ (4,301 ) $ 1,214 $ (783 ) DENOMINATOR: Weighted average number of common shares outstanding - basic 15,627,324 15,486,462 15,583,631 15,448,580 Dilutive effect of share-based awards: - - 189,420 - Weighted average number of common shares outstanding - dilutive 15,627,324 15,486,462 15,773,051 15,448,580 Basic (loss) income per common share attributable to Build-A-Bear Workshop, Inc. stockholders: $ (0.10 ) $ (0.28 ) $ 0.08 $ (0.05 ) Diluted (loss) income per common share attributable to Build-A-Bear Workshop, Inc. stockholders $ (0.10 ) $ (0.28 ) $ 0.08 $ (0.05 )

Note 9 - Segment Information (T

Note 9 - Segment Information (Tables)	6 Months Ended
	Jul. 01, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Direct-to- International Consumer Commercial Franchising Total Thirteen weeks ended July 1, 2017 Net sales to external customers $ 74,422 $ 2,126 $ 678 $ 77,226 Income (loss) before income taxes (3,422 ) 945 (139 ) (2,616 ) Capital expenditures 5,717 - 19 5,736 Depreciation and amortization 3,940 1 16 3,957 Thirteen weeks ended July 2, 2016 Net sales to external customers $ 73,928 $ 798 $ 413 $ 75,139 Income (loss) before income taxes (6,648 ) 270 135 (6,243 ) Capital expenditures 5,677 - 20 5,697 Depreciation and amortization 3,785 1 22 3,808 Twenty-six weeks ended July 1, 2017 Net sales to external customers $ 163,007 $ 3,733 $ 1,117 $ 167,857 Income before income taxes 396 1,548 35 1,979 Capital expenditures 8,008 - 19 8,027 Depreciation and amortization 7,849 1 33 7,883 Twenty-six weeks ended July 2, 2016 Net sales to external customers $ 167,984 $ 1,279 $ 852 $ 170,115 Income (loss) before income taxes (1,452 ) 413 68 (971 ) Capital expenditures 11,857 - 25 11,882 Depreciation and amortization 7,571 1 47 7,619 Total Assets as of: July 1, 2017 $ 173,369 $ 6,926 $ 2,309 $ 182,604 July 2, 2016 $ 168,827 $ 5,377 $ 2,156 $ 176,360
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	North America (1) Europe (2) Other (3) Total Thirteen weeks ended July 1, 2017 Net sales to external customers $ 64,102 $ 12,654 $ 470 $ 77,226 Property and equipment, net 66,088 9,545 34 75,667 Thirteen weeks ended July 2, 2016 Net sales to external customers $ 61,371 $ 13,430 $ 338 $ 75,139 Property and equipment, net 61,263 7,548 1,061 69,872 Twenty-six weeks ended July 1, 2017 Net sales to external customers $ 140,826 $ 26,094 $ 937 $ 167,857 Property and equipment, net 66,088 9,545 34 $ 75,667 Twenty-six weeks ended July 2, 2016 Net sales to external customers $ 140,878 $ 28,638 $ 599 $ 170,115 Property and equipment, net 61,263 7,548 1,061 69,872

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)
Increase Deferred Tax Assets [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	$ 1
Decrease Other Assets [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	2.3
Decrease Retained Earnings [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	1.3
Increase Deferred Tax Assets [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	1.6
Increase Additional Paid-in Capital [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	0.3
Increase Retained Earning [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	1.9
Decreases Taxes Payable [Member]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	$ 0.6

Note 2 - Prepaid Expenses and24

Note 2 - Prepaid Expenses and Other Assets - Summary of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Jul. 01, 2017	Dec. 31, 2016	Jul. 02, 2016
Prepaid rent	$ 7,529	$ 7,191	$ 6,920
Other	5,294	5,546	6,897
Total	$ 12,823	$ 12,737	$ 13,817

Note 3 - Accrued Expenses - Sum

Note 3 - Accrued Expenses - Summary of Accrued Expenses (Details) - USD ($) $ in Thousands	Jul. 01, 2017	Dec. 31, 2016	Jul. 02, 2016
Accrued wages, bonuses and related expenses	$ 5,491	$ 5,596	$ 4,787
Sales tax payable	1,816	5,075	1,284
Accrued rent and related expenses	3,950	4,615	4,062
Current income taxes payable	28	611	294
Total	$ 11,285	$ 15,897	$ 10,427

Note 4 - Stock-based Compensa26

Note 4 - Stock-based Compensation (Details Textual) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Mar. 31, 2017	Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016	May 11, 2017
Minimum [Member]
Performance-based Shares, Payout Opportunity, Percentage	25.00%
Maximum [Member]
Performance-based Shares, Payout Opportunity, Percentage	200.00%
Options and Restricted Stock [Member]
Allocated Share-based Compensation Expense		$ 0.9	$ 0.8	$ 1.9	$ 1.5
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized		$ 5.4		$ 5.4
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition				1 year 219 days
Time-based and Performance-based Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value				$ 2.2	$ 1.6
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	3 years
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Shares Earned				13,704
The 2017 Omnibus Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized						1,000,000

Note 4 - Stock-based Compensa27

Note 4 - Stock-based Compensation - Summary of Stock Option Plan (Details)	6 Months Ended
	Jul. 01, 2017$ / sharesshares
Outstanding, number of shares (in shares) | shares	757,784
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 9.91
Granted, number of shares (in shares) | shares	72,051
Granted, weighted average exercise price (in dollars per share) | $ / shares	$ 8.85
Exercised, number of shares (in shares) | shares	1,269
Exercised, weighted average exercise price (in dollars per share) | $ / shares	$ 6.36
Forfeited, number of shares (in shares) | shares	26,795
Forfeited, weighted average exercise price (in dollars per share) | $ / shares	$ 13.45
Canceled or expired, number of shares (in shares) | shares	8,320
Canceled or expired, weighted average exercise price (in dollars per share) | $ / shares	$ 11.27
Outstanding, number of shares (in shares) | shares	793,451
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 9.69

Note 4 - Stock-based Compensa28

Note 4 - Stock-based Compensation - Summary of Plans Related to Unvested Restricted Stock (Details)	6 Months Ended
	Jul. 01, 2017$ / sharesshares
Restricted Stock [Member]
Outstanding (in dollars per share) | $ / shares	$ 13.30
Outstanding (in shares) | shares	316,116
Canceled or expired (in dollars per share) | $ / shares
Granted (in shares) | shares	252,121
Granted (in dollars per share) | $ / shares	$ 9.19
Vested (in shares) | shares	174,032
Vested (in dollars per share) | $ / shares	$ 12.16
Forfeited (in shares) | shares	24,331
Forfeited (in dollars per share) | $ / shares	$ 12.96
Canceled or expired (in shares) | shares
Outstanding (in dollars per share) | $ / shares	$ 11.05
Outstanding (in shares) | shares	369,874
Performance Shares [Member]
Outstanding (in dollars per share) | $ / shares	$ 15.39
Outstanding (in shares) | shares	241,141
Canceled or expired (in dollars per share) | $ / shares	$ 13.68
Granted (in shares) | shares	83,897
Granted (in dollars per share) | $ / shares	$ 8.85
Vested (in shares) | shares	6,472
Vested (in dollars per share) | $ / shares	$ 20.54
Forfeited (in shares) | shares	15,247
Forfeited (in dollars per share) | $ / shares	$ 14.28
Canceled or expired (in shares) | shares	13,704
Outstanding (in dollars per share) | $ / shares	$ 13.66
Outstanding (in shares) | shares	289,615

Note 4 - Share-based Compensati

Note 4 - Share-based Compensation - Summary of Performance Shares (Details) - Performance Shares [Member] - shares	Jul. 01, 2017	Dec. 31, 2016
Performance shares (in shares)	289,615	241,141
Vesting Subject to Time-based Restrictions [Member]
Performance shares (in shares)	6,325
Vesting Upon Achievement of 2015-2017 Consolidated Revenues Target [Member]
Performance shares (in shares)	50,000
Vesting Upon Achievement of 2016-2018 Consolidated Revenues Target [Member]
Performance shares (in shares)	149,393
Vesting Upon Achievement of 2017-2019 Consolidated Pre-tax Income Target [Member]
Performance shares (in shares)	83,897

Note 5 - Income Taxes (Details

Note 5 - Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
	Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016
Effective Income Tax Rate Reconciliation, Percent	41.40%	31.10%	37.70%	19.40%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			34.00%

Note 6 - Stockholders' Equity -

Note 6 - Stockholders' Equity - Changes in Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016
Beginning balance			$ 99,112	$ 99,414
Stock-based compensation			1,898	1,497
Shares issued under employee stock plans			(454)	(494)
Adoption of new accounting standards	$ 822		822
Share repurchase and retirement				(1,469)
Other comprehensive income (loss)			717	(1,725)
Net income (loss)	(1,533)	(4,301)	1,232	(783)
Ending balance	$ 103,327	$ 96,440	$ 103,327	$ 96,440

Note 7 - (Loss) Income Per Sh32

Note 7 - (Loss) Income Per Share (Details Textual)	6 Months Ended
	Jul. 01, 2017shares
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	314,231

Note 7 - (Loss) Income Per Sh33

Note 7 - (Loss) Income Per Share - Computation Basic and Diluted Earnings per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016
Net (loss) income before allocation of earnings to participating securities	$ (1,533)	$ (4,301)	$ 1,232	$ (783)
Less: Earnings allocated to participating securities			18
Net (loss) income after allocation of earnings to participating securities	$ (1,533)	$ (4,301)	$ 1,214	$ (783)
Weighted average number of common shares outstanding - basic (in shares)	15,627,324	15,486,462	15,583,631	15,448,580
Dilutive effect of share-based awards: (in shares)			189,420
Weighted average number of common shares outstanding - dilutive (in shares)	15,627,324	15,486,462	15,773,051	15,448,580
Basic (loss) income per common share attributable to Build-A-Bear Workshop, Inc. stockholders: (in dollars per share)	$ (0.10)	$ (0.28)	$ 0.08	$ (0.05)
Diluted (loss) income per common share attributable to Build-A-Bear Workshop, Inc. stockholders (in dollars per share)	$ (0.10)	$ (0.28)	$ 0.08	$ (0.05)

Note 8 - Comprehensive (Loss)34

Note 8 - Comprehensive (Loss) Income (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016
Translation Adjustment Functional to Reporting Currency, Gain (Loss), Reclassified to Earnings, Net of Tax	$ 0	$ 0	$ 0	$ 0

Note 9 - Segment Information (D

Note 9 - Segment Information (Details Textual)	6 Months Ended
	Jul. 01, 2017
Number of Operating Segments	3
Number of Reportable Segments	3

Note 9 - Segment Information -

Note 9 - Segment Information - Financial Information for the Company's Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016	Dec. 31, 2016
Net sales to external customers	$ 77,226	$ 75,139	$ 167,857	$ 170,115
Income (loss) before income taxes	(2,616)	(6,243)	1,979	(971)
Capital expenditures, net	5,736	5,697	8,027	11,882
Depreciation and amortization	3,957	3,808	7,883	7,619
Total assets	182,604	176,360	182,604	176,360	$ 199,595
Retail [Member]
Net sales to external customers	74,422	73,928	163,007	167,984
Income (loss) before income taxes	(3,422)	(6,648)	396	(1,452)
Capital expenditures, net	5,717	5,677	8,008	11,857
Depreciation and amortization	3,940	3,785	7,849	7,571
Total assets	173,369	168,827	173,369	168,827
Commercial [Member]
Net sales to external customers	2,126	798	3,733	1,279
Income (loss) before income taxes	945	270	1,548	413
Capital expenditures, net
Depreciation and amortization	1	1	1	1
Total assets	6,926	5,377	6,926	5,377
International Franchising [Member]
Net sales to external customers	678	413	1,117	852
Income (loss) before income taxes	(139)	135	35	68
Capital expenditures, net	19	20	19	25
Depreciation and amortization	16	22	33	47
Total assets	$ 2,309	$ 2,156	$ 2,309	$ 2,156

Note 9 - Segment Information 37

Note 9 - Segment Information - Sales to External Customers and Long-lived Assets by Geographic Area (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jul. 01, 2017	Jul. 02, 2016	Jul. 01, 2017	Jul. 02, 2016	Dec. 31, 2016
Net sales to external customers		$ 77,226	$ 75,139	$ 167,857	$ 170,115
Property and equipment, net		75,667	69,872	75,667	69,872	$ 74,924
North America [Member]
Net sales to external customers	[1]	64,102	61,371	140,826	140,878
Property and equipment, net	[1]	66,088	61,263	66,088	61,263
Europe [Member]
Net sales to external customers	[2]	12,654	13,430	26,094	28,638
Property and equipment, net	[2]	9,545	7,548	9,545	7,548
Other Geographic Region [Member]
Net sales to external customers	[3]	470	338	937	599
Property and equipment, net	[3]	$ 34	$ 1,061	$ 34	$ 1,061
[1]	North America includes the United States, Canada, Puerto Rico and franchise business in Mexico
[2]	Europe includes the United Kingdom, Ireland, Denmark and franchise businesses in Europe
[3]	Other includes franchise businesses outside of North America and Europe and, beginning in 2016, a company-owned store in China

Note 10 - Contingencies (Detail

Note 10 - Contingencies (Details Textual) $ in Millions	Jul. 01, 2017USD ($)
Litigation Receivable, Gross	$ 3.3
Litigation Receivables, Reserve	2.6
Litigation Receivables, Net	$ 0.7