Big 5 Sporting Goods (BGFV) 10-K 26 Feb 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 29, 2019	Feb. 18, 2020	Jun. 30, 2019
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 29, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Trading Symbol	BGFV
Entity Registrant Name	BIG 5 SPORTING GOODS Corp
Entity Central Index Key	0001156388
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-29
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, par value $0.01 per share
Security Exchange Name	NASDAQ
Entity Address, State or Province	CA
Entity File Number	000-49850
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4388794
Entity Address, Address Line One	2525 East El Segundo Boulevard
Entity Address, City or Town	El Segundo
Entity Address, Postal Zip Code	90245
City Area Code	310
Local Phone Number	536-0611
Document Annual Report	true
Document Transition Report	false
Entity Common Stock, Shares Outstanding		21,664,076
Entity Public Float			$ 33,113,225
Documents Incorporated by Reference	Part III of this Form 10-K incorporates by reference certain information from the registrant’s 2020 definitive proxy statement (the “Proxy Statement”) to be filed with the Securities and Exchange Commission no later than 120 days after the end of the registrant’s fiscal year.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 29, 2019	Dec. 30, 2018
Current assets:
Cash	$ 8,223	$ 6,765
Accounts receivable, net of allowances of $58 and $28, respectively	13,646	14,184
Merchandise inventories, net	309,315	294,900
Prepaid expenses	9,680	9,224
Total current assets	340,864	325,073
Operating lease right-of-use assets, net	262,588
Property and equipment, net	68,414	76,488
Deferred income taxes	13,619	14,543
Other assets, net of accumulated amortization of $2,043 and $1,772, respectively	3,315	3,457
Total assets	688,800	419,561
Current liabilities:
Accounts payable	83,655	80,613
Accrued expenses	64,935	67,659
Current portion of operating lease liabilities	71,542
Current portion of finance lease liabilities	2,678	2,322
Total current liabilities	222,810	150,594
Operating lease liabilities, less current portion	206,806
Finance lease liabilities, less current portion	4,787	4,823
Long-term debt	66,559	65,000
Deferred rent, less current portion		14,615
Other long-term liabilities	7,466	9,668
Total liabilities	508,428	244,700
Commitments and contingencies
Stockholders' equity:
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 25,314,289 and 25,074,307 shares, respectively; outstanding 21,664,076 and 21,424,094 shares, respectively	252	250
Additional paid-in capital	120,054	118,351
Retained earnings	102,593	98,787
Less: Treasury stock, at cost; 3,650,213 shares	(42,527)	(42,527)
Total stockholders' equity	180,372	174,861
Total liabilities and stockholders' equity	$ 688,800	$ 419,561

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 29, 2019	Dec. 30, 2018
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts receivable, current	$ 58	$ 28
Accumulated amortization on other assets	$ 2,043	$ 1,772
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	25,314,289	25,074,307
Common stock, shares outstanding	21,664,076	21,424,094
Treasury stock, shares	3,650,213	3,650,213

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Income Statement [Abstract]
Net sales	$ 996,495	$ 987,581
Cost of sales	684,473	686,732
Gross profit	312,022	300,849
Selling and administrative expense	297,193	302,076
Operating income (loss)	14,829	(1,227)
Interest expense	3,046	3,374
Income (loss) before income taxes	11,783	(4,601)
Income tax expense (benefit)	3,338	(1,070)
Net income (loss)	$ 8,445	$ (3,531)
Earnings (loss) per share:
Basic	$ 0.40	$ (0.17)
Diluted	0.40	(0.17)
Dividends per share	$ 0.20	$ 0.50
Weighted-average shares of common stock outstanding:
Basic	21,103	20,977
Diluted	21,149	20,977

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock Outstanding [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock, At Cost [Member]
Beginning Balance at Dec. 31, 2017	$ 187,069		$ 249	$ 116,495	$ 112,424	$ (42,099)
Beginning Balance, Shares at Dec. 31, 2017		21,345,159
Cumulative adjustment from change in accounting principle, net of tax	575				575
Net income (loss)	(3,531)				(3,531)
Dividends on common stock	(10,681)				(10,681)
Issuance of nonvested share awards			2	(2)
Issuance of nonvested share awards, Shares		213,062
Exercise of share option awards	31			31
Exercise of share option awards, Shares		6,564
Share-based compensation	2,192			2,192
Forfeiture of nonvested share awards, Shares		(11,600)
Retirement of common stock for payment of withholding tax	(366)		(1)	(365)
Retirement of common stock for payment of withholding tax, Shares		(53,343)
Purchases of treasury stock	(428)					(428)
Purchases of treasury stock, Shares		(75,748)
Ending Balance at Dec. 30, 2018	174,861		250	118,351	98,787	(42,527)
Ending Balance, shares at Dec. 30, 2018		21,424,094
Cumulative adjustment from change in accounting principle, net of tax	(339)				(339)
Net income (loss)	8,445				8,445
Dividends on common stock	$ (4,300)				(4,300)
Issuance of nonvested share awards			3	(3)
Issuance of nonvested share awards, Shares		308,584
Exercise of share option awards, Shares	0
Conversion of vested share units		29,672
Share-based compensation	$ 1,926			1,926
Forfeiture of nonvested share awards, Shares		(39,180)
Retirement of common stock for payment of withholding tax	$ (221)		(1)	(220)
Retirement of common stock for payment of withholding tax, Shares	(59,094)	(59,094)
Ending Balance at Dec. 29, 2019	$ 180,372		$ 252	$ 120,054	$ 102,593	$ (42,527)
Ending Balance, shares at Dec. 29, 2019		21,664,076

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Dividends per share	$ 0.20	$ 0.50
Retained Earnings [Member]
Dividends per share	$ 0.20	$ 0.50

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Cash flows from operating activities:
Net income (loss)	$ 8,445	$ (3,531)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	19,537	19,538
Impairment of assets	520	848
Share-based compensation	1,926	2,192
Amortization of other assets	271	197
Right-of-use asset gain on disposal	(110)
Noncash lease expense	61,244
Proceeds from insurance recovery - lost profit margin, inventory and expenses	711
Gain on recovery of insurance proceeds - lost profit margin and expenses	(231)
Gain on recovery of insurance proceeds - property and equipment	(56)
Deferred income taxes	1,046	(578)
Changes in operating assets and liabilities:
Accounts receivable, net	1,334	2,535
Merchandise inventories, net	(15,202)	18,525
Prepaid expenses and other assets	(833)	4,505
Accounts payable	1,050	(16,930)
Operating lease liabilities	(62,966)
Accrued expenses and other long-term liabilities	(2,406)	(2,782)
Net cash provided by operating activities	14,280	24,519
Cash flows from investing activities:
Purchases of property and equipment	(9,363)	(15,460)
Proceeds from insurance recovery - property and equipment	167
Net cash used in investing activities	(9,196)	(15,460)
Cash flows from financing activities:
Principal borrowings under revolving credit facility	205,088	211,434
Principal payments under revolving credit facility	(203,529)	(191,434)
Changes in book overdraft	1,981	(16,008)
Principal payments under finance lease obligations	(2,547)	(2,033)
Proceeds from exercise of share option awards		31
Purchases of treasury stock		(428)
Tax withholding payments for share-based compensation	(221)	(366)
Dividends paid	(4,398)	(10,660)
Net cash used in financing activities	(3,626)	(9,464)
Net increase (decrease) in cash	1,458	(405)
Cash at beginning of year	6,765	7,170
Cash at end of year	8,223	6,765
Supplemental disclosures of non-cash investing and financing activities:
Property and equipment acquired under finance leases	2,988	4,685
Property and equipment additions unpaid	918	758
Supplemental disclosures of cash flow information:
Interest paid	2,911	3,159
Income taxes paid	$ 2,315	$ 20

Description of Business

Description of Business	12 Months Ended
	Dec. 29, 2019
Accounting Policies [Abstract]
Description of Business	(1) Description of Business The accompanying consolidated financial statements as of December 29, 2019 and December 30, 2018 and for the years ended December 29, 2019 (“fiscal 2019”) and December 30, 2018 (“fiscal 2018”) represent the financial position, results of operations and cash flows of Big 5 Sporting Goods Corporation (the “Company”) and its 100%-owned subsidiary, Big 5 Corp., and Big 5 Corp.’s 100%-owned subsidiary, Big 5 Services Corp, and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company is a leading sporting goods retailer in the western United States, operating 434 stores and an e-commerce platform as of December 29, 2019. The Company operates as one reportable segment under the “Big 5 Sporting Goods” name and provides a full-line product offering in a traditional sporting goods store format that averages approximately 11,000 square feet. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 29, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	(2) Summary of Significant Accounting Policies Consolidation The accompanying consolidated financial statements include the accounts of Big 5 Sporting Goods Corporation, Big 5 Corp. and Big 5 Services Corp. Intercompany balances and transactions have been eliminated in consolidation. Reporting Period The Company follows the concept of a 52-53 week fiscal year, which ends on the Sunday nearest December 31. Fiscal 2019 and 2018 each included 52 weeks. Recently Adopted Accounting Updates In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) , which requires lessees to recognize on the balance sheet assets and liabilities for leases with lease terms of more than 12 months. Consistent with prior GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee will depend primarily on its classification as a finance or operating lease. However, unlike prior GAAP—which required only finance (formerly capital) leases to be recognized on the balance sheet—the new ASU requires both types of leases to be recognized on the balance sheet. The ASU took effect for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. This standard can be applied at the beginning of the earliest period presented using the modified retrospective approach, which includes certain practical expedients that an entity may elect to apply, including an election to use certain transition relief. In July 2018, the FASB issued ASU No. 2018-10, Codification Improvements to Topic 842, Leases and ASU No. 2018-11, Leases (Topic 842): Targeted Improvements , which make improvements to Accounting Standards Codification (“ASC”) 842 and allow entities to not restate comparative periods in transition to ASC 842 and instead report the comparative periods under ASC 840. The Company adopted ASC 842 using the modified retrospective approach at the beginning of the first quarter of fiscal 2019, coinciding with the standard’s effective date. In accordance with ASC 842, the Company did not restate comparative periods in transition to ASC 842 and instead reported comparative periods under ASC 840. Adoption of the standard resulted in the initial recognition of operating lease right-of-use (“ROU”) assets of $ million and operating lease liabilities of $279.7 million as of December 31, 2018. These amounts are based on the present value of such commitments using the Company’s incremental borrowing rate (“IBR”), which was determined through the development of a synthetic credit rating. The adoption of this standard did not have a material impact on the Company’s consolidated statements of operations, shareholders’ equity or cash flows, and had no material impact on beginning retained earnings in fiscal 2019. The Company has implemented new lease administration and accounting software and has developed and mapped new and existing controls in the context of the Company’s control environment. In addition, the Company completed its evaluation of the practical expedients offered and enhanced disclosures required in ASC 842, as well as identified arrangements that contain embedded leases, among other activities, to account for the adoption of this standard. The Company elected the transition package of practical expedients permitted within the new standard which, among other things, allowed it to carryforward the historical lease classification. The Company did not elect the practical expedient to use hindsight in determining the lease term and in assessing impairment of ROU assets Recently Issued Accounting Updates In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurements (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement. This standard removes, modifies, and adds certain disclosure requirements for fair value measurements. This pronouncement is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. The Company plans to adopt ASU No. 2018-13 in the first quarter of fiscal 2020, coinciding with the standard’s effective date, and expects the impact from this standard to be immaterial. In August 2018, the FASB issued ASU No. 2018-15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract . This standard aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The Company’s accounting for the service element of a hosting arrangement that is a service contract is not affected by the proposed amendments and will continue to be expensed as incurred in accordance with existing guidance. This standard does not expand on existing disclosure requirements except to require a description of the nature of hosting arrangements that are service contracts. This standard is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted, including adoption in any interim period for which financial statements have not been issued. Entities can choose to adopt the new guidance prospectively or retrospectively. The Company plans to adopt the updated disclosure requirements of ASU No. 2018-15 prospectively in the first quarter of fiscal 2020, coinciding with the standard’s effective date, and expects the impact from this standard to be immaterial. In December 2019, the FASB issued ASU No. 2019-12, Simplifying the Accounting for Income Taxes. This standard simplifies the accounting for income taxes by removing certain exceptions to the general principles in ASC 740, Income Taxes , while also clarifying and amending existing guidance, including interim-period accounting for enacted changes in tax law. This standard is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company plans to adopt ASU No. 2019-12 in the first quarter of fiscal 2021, coinciding with the standard’s effective date, and expects the impact from this standard to be immaterial. Other recently issued accounting updates are not expected to have a material impact on the Company’s consolidated financial statements. Use of Estimates 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. Actual results could differ significantly from these estimates under different assumptions and conditions. Segment Reporting The Company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform, that offers a broad range of products in the western United States and online, and whose Chief Operating Decision Maker (“CODM”) is the Chief Executive Officer. The CODM reviews financial information presented on a consolidated basis, for purposes of allocating resources and evaluating financial performance. The Company’s stores typically have similar square footage, with the stores and e-commerce platform offering a similar general product mix. The Company’s core customer demographic remains similar across all sales channels, as does the Company’s process for the procurement and marketing of its product mix. Furthermore, the Company distributes its product mix for both the stores and e-commerce platform from a single distribution center. Given the consolidated level of review by the CODM, the Company operates as one reportable segment as defined by ASC 280, Segment Reporting Earnings Per Share The Company calculates earnings per share in accordance with ASC 260, Earnings Per Share Revenue Recognition On January 1, 2018, the Company adopted ASC 606, Revenue from Contracts with Customers, The Company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform, that offers a broad range of products in the western United States and online. Generally, all revenue is recognized when control of the promised goods is transferred to customers, in an amount that reflects the consideration in exchange for those goods. Accordingly, the Company implicitly enters into a contract with customers to deliver merchandise inventory at the point of sale. Collectability is reasonably assured since the Company only extends immaterial credit purchases to certain municipalities and local school districts. As noted in the segment information elsewhere in this Note 2 to the Notes to Consolidated Financial Statements, the Company’s business consists of one reportable segment. In accordance with ASC 606, the Company disaggregates net sales into the following major merchandise categories to depict the nature and amount of revenue and related cash flows: Year Ended December 29, 2019 December 30, 2018 (In thousands) Hardgoods $ 493,749 $ 495,846 Athletic and sport footwear 279,733 281,004 Athletic and sport apparel 219,066 206,934 Other sales 3,947 3,797 Net sales $ 996,495 $ 987,581 Substantially all of the Company’s revenue is for single performance obligations for the following distinct items: • Retail store sales • E-commerce sales • Stored-value cards For performance obligations related to retail store and e-commerce sales contracts, the Company typically transfers control, for retail stores, upon consummation of the sale when the product is paid for and taken by the customer and, for e-commerce sales, when the product is tendered for delivery to the common carrier. For performance obligations related to stored-value cards, the Company typically transfers control upon redemption of the stored-value card through consummation of a future sales transaction. The transaction price for each contract is the stated price on the product, reduced by any stated discounts at that point in time. The Company does not engage in sales of products that attach a future material right which could result in a separate performance obligation for the purchase of goods in the future at a material discount. The implicit point-of-sale contract with the customer, as reflected in the transaction receipt, states the final terms of the sale, including the description, quantity, and price of each product purchased. Payment for the Company’s contracts is due in full upon delivery. The customer agrees to a stated price implicit in the contract. The transaction price relative to sales subject to a right of return reflects the amount of estimated consideration to which the Company expects to be entitled. This amount of variable consideration included in the transaction price, and measurement of net sales, is included in net sales only to the extent that it is probable that there will be no significant reversal in a future period. Actual amounts of consideration ultimately received may differ from the Company’s estimates. There were no material adjustments to the Company’s previous estimates. The allowance for sales returns is estimated based upon historical experience and a provision for estimated returns is recorded as a reduction in sales in the relevant period. The estimated right-of-return merchandise cost related to the sales returns is recorded as prepaid expense in the Company’s consolidated balance sheet as of December 29, 2019. If actual results in the future vary from the Company’s estimates, the Company adjusts these estimates, which would affect net sales and earnings in the period such variances become known. The Company has elected to apply the practical expedient, relative to e-commerce sales, which allows an entity to account for shipping and handling as fulfillment activities, and not a separate performance obligation. Accordingly, the Company recognizes revenue for only one performance obligation, the sale of the product, at shipping point (when the customer gains control). Revenue associated with e-commerce sales is not material. Contract liabilities are recognized primarily for stored-value card sales. Cash received from the sale of stored-value cards is recorded as a contract liability in accrued expenses, and the Company recognizes revenue upon the customer’s redemption of the stored-value card. Stored-value card breakage is recognized as revenue in proportion to the pattern of customer redemptions by applying a historical breakage rate of five percent. The Company does not sell or provide stored-value cards that carry expiration dates. The Company recognized $6.6 million and $7.2 million in stored-value card redemption revenue for fiscal 2019 and 2018, respectively. The Company also recognized $0.4 million in stored-value card breakage revenue for fiscal 2019 and 2018. The Company had outstanding stored-value card liabilities of $7.2 million and $7.0 million The Company recorded, as prepaid expense, estimated right-of-return merchandise cost of $1.4 million related to estimated sales returns as of December 29, 2019 and December 30, 2018 and recorded, as accrued expense, an allowance for sales returns reserve of $2.7 million and $2.6 million as of December 29, 2019 and December 30, 2018, respectively. Cost of Sales Cost of sales includes the cost of merchandise, net of discounts or allowances earned, freight (including e-commerce shipping and handling costs), inventory reserves, buying, distribution center expense, including depreciation, and store occupancy expense. Store occupancy expense includes rent, amortization of leasehold improvements, common area maintenance, property taxes and insurance. Selling and Administrative Expense Selling and administrative expense includes store-related expense, other than store occupancy expense, as well as advertising, depreciation and amortization, expense associated with operating the Company’s corporate headquarters and impairment charges, if any. Recovery of Insurance Proceeds In November 2018, one of the Company’s stores was destroyed as a result of a fire and, in the fourth quarter of fiscal 2018, we disposed of assets of $0.6 million in total, of which $0.5 million related to lost inventory and $0.1 million related to lost property and equipment. In fiscal 2019, the Company received a cash insurance recovery of $0.9 million in total, net of the insurance deductible, of which $0.7 million related to the reimbursement of lost profit margin, inventory and expense and $0.2 million related to the reimbursement of lost property and equipment. Accordingly, the Company recognized gains of $0.2 million related to the recovery of lost profit margin and expense and $0.1 million related to the recovery of property and equipment. The reimbursement of lost profit margin, inventory and expense is included in the accompanying consolidated statements of operations as a reduction of cost of goods sold for fiscal 2019, and the reimbursement of lost property and equipment is included in the accompanying consolidated statements of operations as a reduction of selling and administrative expense for fiscal 2019. Vendor Allowances The Company receives allowances for co-operative advertising and volume purchase rebates earned through programs with certain vendors. The Company records a receivable for these allowances which are earned but not yet received when it is determined the amounts are probable and reasonably estimable. Amounts relating to the purchase of merchandise are treated as a reduction of inventory cost and reduce cost of goods sold as the merchandise is sold. Amounts that represent a reimbursement of costs incurred, such as advertising, are recorded as a reduction in selling and administrative expense. The Company performs detailed analyses to determine the appropriate amount of vendor allowances to be applied as a reduction of merchandise cost and selling and administrative expense. Advertising Expense Advertising is expensed when the advertising first occurs. Advertising expense, net of co-operative advertising allowances, amounted to $27.8 million and $32.8 million for fiscal 2019 and 2018, respectively. Advertising expense is included in selling and administrative expense in the accompanying consolidated statements of operations. The Company receives co-operative advertising allowances from certain product vendors in order to subsidize qualifying advertising and similar promotional expenditures made relating to vendors’ products. These advertising allowances are recognized as a reduction to selling and administrative expense when the Company incurs the advertising expense eligible for the credit. Co-operative advertising allowances recognized as a reduction to selling and administrative expense amounted to $5.1 million for fiscal 2019 and 2018. Share-Based Compensation The Company accounts for its share-based compensation in accordance with ASC 718, Compensation—Stock Compensation Pre-opening Costs Pre-opening costs for new stores, which are not material, consist primarily of payroll and recruiting expense, training, marketing, rent, travel and supplies, and are expensed as incurred. Cash Cash consists of cash on hand, and the Company has no cash equivalents. Book overdrafts are classified as current liabilities. Accounts Receivable Accounts receivable consist primarily of third party purchasing card receivables, amounts due from inventory vendors for returned products, volume purchase rebates or co-operative advertising, amounts due from lessors for tenant improvement allowances and insurance recovery receivables. Accounts receivable have not historically resulted in any material credit losses. An allowance for doubtful accounts is provided when accounts are determined to be uncollectible. Valuation of Merchandise Inventories, Net The Company’s merchandise inventories are made up of finished goods and are valued at the lower of cost or net realizable value using the weighted-average cost method that approximates the first-in, first-out (“FIFO”) method. Average cost includes the direct purchase price of merchandise inventory, net of vendor allowances and cash discounts, in-bound freight-related expense and allocated overhead expense associated with the Company’s distribution center. Management regularly reviews inventories and records valuation reserves for damaged and defective merchandise, merchandise items with slow-moving or obsolescence exposure and merchandise that has a carrying value that exceeds net realizable value. Because of its merchandise mix, the Company has not historically experienced significant occurrences of obsolescence. Inventory shrinkage is accrued as a percentage of merchandise sales based on historical inventory shrinkage trends. The Company performs physical inventories of its stores at least once per year and cycle counts inventories at its distribution center throughout the year. The reserve for inventory shrinkage primarily represents an estimate for inventory shrinkage for each store since the last physical inventory date through the reporting date. These reserves are estimates, which could vary significantly, either favorably or unfavorably, from actual results if future economic conditions, consumer demand and competitive environments differ from expectations. Prepaid Expenses Prepaid expenses include the prepayment of various operating expenses such as insurance, income and property taxes, software maintenance and supplies, which are expensed when the operating cost is realized. Property and Equipment, Net Property and equipment are stated at cost and are being depreciated or amortized utilizing the straight-line method over the following estimated useful lives: Land Indefinite Buildings 20 years Leasehold improvements Shorter of estimated useful life or term of lease Furniture and equipment 3 – 10 years Internal-use software 3 – 7 years Maintenance and repairs are expensed as incurred. The Company incurs costs to purchase and develop software for internal use. Costs related to the application development stage are capitalized and amortized over the estimated useful life of the software. Costs related to the design or maintenance of internal-use software are expensed as incurred. See Note 3 to the Notes to Consolidated Financial Statements for a further discussion on property and equipment. Valuation of Long-Lived Assets In accordance with ASC 360, Property, Plant, and Equipment Long-lived assets are reviewed for recoverability at the lowest level in which there are identifiable cash flows (“asset group”), usually at the store level. The carrying amount of a store asset group includes stores’ property and equipment, leasehold improvements and operating lease ROU assets. The carrying amount of a store asset group is not considered recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the store asset group. When stores are identified as having an indicator of impairment, the Company forecasts undiscounted cash flows over the store asset group’s remaining lease term and compares the undiscounted cash flows to the carrying amount of the store asset group. If the store asset group is determined not to be recoverable, then an impairment charge will be recognized in the amount by which the carrying amount of the store asset group exceeds its fair value, determined using discounted cash flow valuation techniques, as contemplated in ASC 820, Fair Value Measurements The Company determines the cash flows expected to result from the store asset group by projecting future revenue, gross margin and operating expense for each store asset group under evaluation for impairment. The estimates of future cash flows involve management judgment and are based upon assumptions about expected future operating performance. Assumptions used in these forecasts are consistent with internal planning, and include assumptions about sales growth rates, gross margins and operating expense in relation to the current economic environment and the Company’s future expectations, competitive factors in its various markets, inflation, sales trends and other relevant environmental factors that may impact the store under evaluation. The actual cash flows could differ from management’s estimates due to changes in business conditions, operating performance and economic conditions. If economic conditions deteriorate in the markets in which the Company conducts business, or if other negative market conditions develop, the Company may experience additional impairment charges in the future for underperforming stores. The resulting impairment charge, if any, is allocated to the property and equipment, leasehold improvements and operating lease ROU assets on a pro rata basis using the relative carrying amounts of those assets. The allocated impairment charge to a long-lived asset is limited to the extent that the impairment charge does not reduce the carrying amount of the long-lived asset below its individual fair value. The individual fair values of the property and equipment and leasehold improvements of the impaired store asset group were not material for fiscal 2019. The estimation of the fair value of an ROU asset involves the evaluation of current market value rental amounts for leases associated with ROU assets. The estimates of current market value rental amounts are primarily based on recent observable market rental data of other comparable retail store locations. The fair value of an ROU asset is measured using a discounted cash flow valuation technique by discounting the estimated current and future market rental values using a property-specific discount rate. In fiscal 2019 and 2018, the Company recognized non-cash impairment charges of $0.5 million and $0.2 million, respectively, related to certain underperforming stores. These impairment charges represented property and equipment and leasehold improvements and are included in selling and administrative expense in the consolidated statements of operations. See Note 4 to the Notes to Consolidated Financial Statements for a further discussion on impairment of assets. Leases The Company adopted ASC 842 as of December 31, 2018, using the modified retrospective approach and applying transitional relief allowing entities to initially apply the requirements at the adoption date by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. Consequently, results and disclosures for the reporting periods beginning on December 31, 2018 are reported and presented under ASC 842, while prior period amounts and disclosures are not adjusted and continue to be reported and presented under ASC 840, Leases . Additionally, the Company elected: 1. A package of practical expedients allowing the Company to: a. carry forward its historical lease classification (i.e., it is not necessary to reclassify any existing leases at the adoption date), b. avoid reassessing whether any expired or existing contracts are or contain leases, and c. avoid reassessing initial direct costs for any existing leases. 2. A practical expedient allowing the Company to not separate lease components (e.g., fixed payments including rent, real estate taxes and insurance costs) from nonlease components (e.g., common area maintenance costs), primarily impacting the Company’s real estate lease population. The election of this practical expedient eliminates the burden of separately estimating the real estate lease and nonlease costs on a relative stand-alone basis. 3. A practical expedient related to land easements, allowing the Company to carry forward the accounting treatment for land easements on existing agreements and eliminated the need to reassess existing lease contracts to determine if land easements are separate leases under ASC 842. The Company did not elect a practical expedient which would allow the Company to use hindsight in determining the lease term (that is, when considering lessee options to extend or terminate the lease and to purchase the underlying asset) and to assess impairment of the entity’s ROU assets, since election of this expedient could make adoption more complex given that re-evaluation of the lease term and impairment consideration affect other aspects of lease accounting. In accordance with ASC 842, the Company determines if an arrangement is a lease at inception. The Company has operating and finance leases for the Company’s retail store facilities, distribution center, corporate offices, information technology hardware and distribution center delivery tractors ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the reasonably certain lease term. As the Company’s leases generally do not provide an implicit rate, the Company uses a collateralized IBR to determine the present value of lease payments. The collateralized IBR is based on a synthetic credit rating that is externally prepared on an annual basis. This analysis considers qualitative and quantitative factors based on guidance provided by a rating agency for the consumer durables industry. The Company adjusts the selected IBR quarterly with a company-specific unsecured yield curve that approximates the Company’s market risk profile. The collateralized IBR is also based upon the estimated impact that the collateral has on the IBR. To account for the collateralized nature of the IBR, the Company utilized a notching method based on notching guidance provided by a rating agency whereby the Company’s base credit rating is notched upward as the yield curve on a secured loan is expected to be lower versus an unsecured loan. The operating lease ROU asset also includes any prepaid lease payments made and is reduced by lease incentives such as tenant improvement allowances. The operating lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Operating lease expense for lease payments is recognized on a straight-line basis over the lease term. For fiscal 2018, t he Company evaluated and classified its leases as either operating or capital leases for financial reporting purposes, in accordance with ASC 840. Certain of the leases for the Company’s retail store facilities provide for payments based on future sales volumes at the leased location, which are not measurable at the inception of the lease. Under both ASC 840 and 842, these contingent rents are expensed as incurred. In accordance with ASC 840, deferred rent represents the difference between rent paid and the amounts expensed for operating leases. Certain leases have scheduled rent increases, and certain leases include an initial period of free or reduced rent as an inducement to enter into the lease agreement (“rent holidays”). The Company recognized rent expense for rent increases and rent holidays on a straight-line basis over the term of the underlying leases, without regard to when rent payments are made. The calculation of straight-line rent begins on the possession date and extends through the “reasonably assured” lease term as defined in ASC 840 and may exceed the initial non-cancelable lease term. Additionally, in accordance with ASC 840, landlord allowances for tenant improvements, or lease incentives, were recorded as deferred rent and amortized on a straight-line basis over the “reasonably assured” lease term as a component of rent expense. See Note 7 to the Notes to Consolidated Financial Statements for a further discussion on leases. Self-Insurance Liabilities The Company is self-insured for its various insurance risks including its estimated workers’ compensation liability risk in certain states. The Company also has a self-funded insurance program for a portion of its employee medical benefits. Under these programs, the Company maintains insurance coverage for losses in excess of specified per-occurrence amounts. Estimated expenses incurred under the self-insured workers’ compensation and medical benefits programs, including incurred but not reported claims, are recorded as expense based upon historical experience, trends of paid and incurred claims, and other actuarial assumptions. If actual claims trends under these programs, including the severity or frequency of claims, differ from the Company’s estimates, its financial results may be significantly impacted. The Company’s actuarially-estimated self-insurance liabilities, which are reported gross of expected workers’ compensation insurance reimbursements, are classified on the balance sheet as accrued expenses or other long-term liabilities based upon whether they are expected to be paid during or beyond the normal operating cycle of 12 months from the date of the consolidated financial statements. Self-insurance liabilities totaled $10.8 million and $11.7 million as of December 29, 2019 and December 30, 2018, respectively, of which $4.7 million and $5.3 million were recorded as a component of accrued expenses as of December 29, 2019 and December 30, 2018, respectively, and $6 .1 Income Taxes Under the asset and liability method prescribed within ASC 740, Income Taxes ASC 740 provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits of the position. ASC 740 also provides guidance on m

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 29, 2019
Property Plant And Equipment [Abstract]
Property and Equipment, Net	(3) Property and Equipment, Net Property and equipment, net, consist of the following: December 29, 2019 December 30, 2018 (In thousands) Furniture and equipment $ 138,241 $ 137,881 Leasehold improvements 167,965 165,979 Internal-use software 36,332 35,810 Land 2,750 2,750 Building 1,775 1,775 347,063 344,195 Accumulated depreciation and amortization (1) (279,796 ) (268,544 ) 67,267 75,651 Assets not placed into service 1,147 837 Property and equipment, net $ 68,414 $ 76,488 (1) Includes accumulated amortization for internal-use software development costs of $28.9 million and $26.3 million as of December 29, 2019 and December 30, 2018, respectively. Depreciation expense associated with property and equipment, including assets leased under finance leases, was $6.8 million and $7.6 million for fiscal 2019 and 2018, respectively. Amortization expense for leasehold improvements was $9.7 million for fiscal 2019 and 2018, respectively. Amortization expense for internal-use software was $3.0 million and $2.2 million for fiscal 2019 and 2018, respectively. The gross cost of equipment under finance leases, included above, was $12.1 million and $12.9 million as of December 29, 2019 and December 30, 2018, respectively. The accumulated depreciation related to these finance leases was $4.8 million and $5.9 million as of December 29, 2019 and December 30, 2018, respectively. In the fourth quarter of fiscal 2018, the Company completed the purchase of a parcel of land with an existing building adjacent to its corporate headquarters location, including a parking lot currently used by the Company, for $4.5 million, of which $2.7 million and $1.8 million were apportioned to land and building, respectively, based upon recent assessments.

Impairment of Assets

Impairment of Assets	12 Months Ended
	Dec. 29, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Impairment of Assets	(4) Impairment of Assets Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Assets subject to the Company’s evaluation totaled $68.4 million and $76.5 million for property and equipment as of December 29, 2019 and December 30, 2018, respectively, and $262.6 million for ROU assets as of December 29, 2019. In fiscal 2019 and 2018, the Company recognized non-cash impairment charges of $0.5 million and $0.2 million, respectively, related to certain underperforming stores. These impairment charges represented property and equipment and leasehold improvements and are included in selling and administrative expense in the consolidated statements of operations. The lower-than-expected sales performance, coupled with future undiscounted cash flow projections, indicated that the carrying value of these stores’ assets exceeded their estimated fair values as determined by their future discounted cash flow projections. An impairment charge was not allocated to the ROU asset because the fair value of the ROU asset exceeded its carrying value. In the fourth quarter of fiscal 2018, the Company recognized an impairment charge of $0.6 million related to certain software as a service (“SaaS”) implementation costs for a project that the Company discontinued in December 2018, which coincided with the cease-use date. On the cease-use date, the Company recorded a liability of $1.1 million for contract termination costs associated with the continuance of costs to be incurred for the remainder of the software as a service contract term. The impairment charge was included in selling and administrative expense in the accompanying consolidated statement of operations, and the corresponding write-down of capitalized SaaS implementation costs was recognized as a reduction to other assets in the accompanying consolidated balance sheet. The contract termination costs were included in selling and administrative expense in the accompanying consolidated statement of operations, the current portion of the liability for contract termination costs was included in accrued expenses and the non-current portion was included in other long-term liabilities in the accompanying consolidated balance sheet. In the second quarter of fiscal 2019, the Company negotiated a favorable settlement gain from this contract and recorded a reduction of $1.1 million in selling and administrative expense in the accompanying consolidated statement of operations.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 29, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	(5) Fair Value Measurements The carrying values of cash, accounts receivable, accounts payable and accrued expenses approximate the fair values of these instruments due to their short-term nature. The carrying amount for borrowings under the revolving credit facility approximates fair value because of the variable market interest rate charged to the Company for these borrowings. When the Company recognizes impairment on certain of its underperforming stores, the carrying values of these stores are reduced to their estimated fair values. As of December 29, 2019 and December 30, 2018, the Company’s only significant assets or liabilities measured at fair value on a nonrecurring basis subsequent to their initial recognition were assets subject to long-lived asset impairment related to certain underperforming stores and, as of December 30, 2018, a contract termination liability for the continuance of costs to be incurred under a contract without economic benefit related to a discontinued software project. As discussed in Note 4 to the Notes to Consolidated Financial Statements, the Company estimated the fair values of these long-lived assets, excluding the software contract termination liability, based on the Company’s own judgments about the assumptions that market participants would use in pricing the asset and on observable market data of underperforming stores’ specific comparable markets, when available. The Company classified these fair value measurements as Level 3 inputs, which are unobservable inputs for which market data are not available and that are developed using the best information available about pricing assumptions used by market participants in accordance with ASC 820, Fair Value Measurement

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 29, 2019
Payables And Accruals [Abstract]
Accrued Expenses	(6) Accrued Expenses The major components of accrued expenses are as follows: December 29, 2019 December 30, 2018 (In thousands) Payroll and related expense $ 23,433 $ 22,348 Sales tax 9,607 10,198 Occupancy expense 9,503 11,220 Other 22,392 23,893 Accrued expenses $ 64,935 $ 67,659

Lease Commitments

Lease Commitments	12 Months Ended
	Dec. 29, 2019
Leases [Abstract]
Lease Commitments	(7) Lease Commitments The Company’s operating leases have remaining reasonably certain lease terms of up to 13 years, which typically include options to extend the leases for up to 5 years. The Company’s finance leases have remaining reasonably certain lease terms of up to 5 years. The adoption of ASC 842 resulted in recording a non-cash transitional adjustment to ROU assets and operating lease liabilities of $262.9 million and $279.7 million, respectively, as of December 31, 2018. The difference between the ROU assets and operating lease liabilities at transition primarily represented existing deferred rent and tenant improvement allowances, which were derecognized, and existing prepaid rent balances. The Company derecognized deferred rent and tenant improvement allowances of $9.2 million and $7.6 million, respectively, in connection with the non-cash transitional adjustment recorded upon adoption. As a result of adopting ASC 842, the Company also recorded a decrease to retained earnings, which the Company did not consider material, of $0.3 million, net of tax, as of December 31, 2018, reflecting the cumulative effect related to store asset impairment. The adoption of this standard did not materially impact the Company’s consolidated net earnings, shareholders’ equity or cash flows. The Company recorded a non-cash increase of $60.5 million to ROU assets, including $0.8 million of tenant allowances recognized in fiscal 2019. Certain of the leases for the Company’s retail store facilities provide for v ariable payments for property taxes, insurance and common area maintenance or rental payments that are adjusted periodically for inflation. The Company recognizes variable lease expense for these leases in the period incurred which, for contingent rent, begins in the period in which it becomes probable that the specified target that triggers the variable lease payments will be achieved. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. In the fourth quarter of fiscal 2016, the Company entered into an assignment agreement for a certain store lease. In consideration for the assignment, the Company received an assignment fee of $4.3 million. The assignment is accounted for as a sublease arrangement and the assignment fee has been deferred into accrued expenses and other long-term liabilities in the accompanying consolidated balance sheets. The remaining balance of this deferred lease revenue as of the end of fiscal 2019 was $1.0 million, which will be recognized ratably into revenue over the remaining lease term of approximately 13 months. In accordance with ASC 842, the components of lease expense were as follows: Year Ended December 29, 2019 (In thousands) Lease expense: Amortization of right-of-use assets $ 2,673 Interest on lease liabilities 378 Finance lease expense 3,051 Operating lease expense 80,470 Variable lease expense 15,515 Sublease income (1,158 ) Total lease expense $ 97,878 In accordance with ASC 842, other information related to leases was as follows: Year Ended December 29, 2019 (In thousands) Operating cash flows from operating leases $ 82,200 Operating cash flows from finance leases 377 Financing cash flows from finance leases 2,547 Cash paid for amounts included in the measurement of lease liabilities $ 85,124 Right-of-use assets obtained in exchange for new finance lease liabilities $ 3,123 Right-of-use assets obtained in exchange for new operating lease liabilities $ 60,548 In accordance with ASC 842, maturities of finance and operating lease liabilities as of December 29, 2019 were as follows: Year Ending: Finance Leases Operating Leases (In thousands) 2020 $ 3,164 $ 87,001 2021 2,193 66,849 2022 1,745 54,137 2023 942 40,740 2024 — 31,415 Thereafter — 47,881 Undiscounted cash flows $ 8,044 $ 328,023 Reconciliation of lease liabilities: Weighted-average remaining lease term 3.1 years 5.2 years Weighted-average discount rate 4.7 % 6.3 % Present values $ 7,465 $ 278,348 Lease liabilities - current 2,678 71,542 Lease liabilities - long-term 4,787 206,806 Lease liabilities - total $ 7,465 $ 278,348 Difference between undiscounted and discounted cash flows $ 579 $ 49,675 In accordance with ASC 840, rent expense for operating leases consisted of the following: Year Ended December 30, 2018 (In thousands) Rent expense $ 77,362 Contingent rent 315 Total rent expense $ 77,677 In accordance with ASC 840, future minimum lease payments under non-cancelable leases as of December 30, 2018 were as follows: Year Ending: Capital Leases Operating Leases Total (In thousands) 2019 $ 2,668 $ 81,876 $ 84,544 2020 2,179 70,657 72,836 2021 1,472 54,863 56,335 2022 1,057 42,267 43,324 2023 539 31,241 31,780 Thereafter — 54,386 54,386 Total minimum lease payments (1) 7,915 $ 335,290 $ 343,205 Imputed interest (770 ) Present value of minimum lease payments $ 7,145 (1) Minimum lease payments have not been reduced by sublease rentals of $0.3 million due in the future under non-cancelable subleases.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 29, 2019
Debt Disclosure [Abstract]
Long-Term Debt	(8) Long-Term Debt On October 18, 2010, the Company, Big 5 Corp. and Big 5 Services Corp. entered into a credit agreement with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and a syndicate of other lenders, which was amended on October 31, 2011, December 19, 2013 and September 29, 2017 (as so amended, the “Credit Agreement”), and has a maturity date of September 29, 2022. The Credit Agreement provides for a revolving credit facility (the “Credit Facility”) with an aggregate committed availability of up to $140.0 million, which amount may be increased at the Company’s option up to a maximum of $165.0 million. The Company may also request additional increases in aggregate availability, up to a maximum of $200.0 million, in which case the existing lenders under the Credit Agreement will have the option to increase their commitments to accommodate the requested increase. If such existing lenders do not exercise that option, the Company may (with the consent of Wells Fargo, not to be unreasonably withheld) seek other lenders willing to provide such commitments. The Credit Agreement includes a provision which permits the Company to elect to reduce the aggregate committed availability under the Credit Agreement to $100.0 million for a three-month period each calendar year. The Credit Facility includes a $25.0 million sublimit for issuances of letters of credit and a $20.0 million sublimit for swingline loans. The Company may borrow under the Credit Facility from time to time, provided the amounts outstanding will not exceed the lesser of the then aggregate availability (as discussed above) and the Borrowing Base (such lesser amount being referred to as the “Loan Cap”). The “Borrowing Base” generally is comprised of the sum, at the time of calculation, of (a) 90.00% of eligible credit card receivables; plus (b) the cost of eligible inventory (other than eligible in-transit inventory), net of inventory reserves, multiplied by 90.00% of the appraised net orderly liquidation value of eligible inventory (expressed as a percentage of the cost of eligible inventory); plus (c) the lesser of (i) the cost of eligible in-transit inventory, net of inventory reserves, multiplied by 90.00% of the appraised net orderly liquidation value of eligible in-transit inventory (expressed as a percentage of the cost of eligible in-transit inventory), or (ii) $10.0 million, minus (d) certain reserves established by Wells Fargo in its role as the Administrative Agent in its reasonable discretion. Generally, the Company may designate specific borrowings under the Credit Facility as either base rate loans or LIBO rate loans. The applicable interest rate on the Company’s borrowings is a function of the daily average, over the preceding fiscal quarter, of the excess of the Loan Cap over amounts borrowed (such amount being referred to as the “Average Daily Availability”). Those loans designated as LIBO rate loans bear interest at a rate equal to the then applicable adjusted LIBO rate plus an applicable margin as shown in the table below. Those loans designated as base rate loans bear interest at a rate equal to the applicable margin for base rate loans (as shown below) plus the highest of (a) the Federal funds rate, as in effect from time to time, plus one-half of one percent (0.50%), (b) the LIBO rate, plus one percentage point (1.00%), or (c) the rate of interest in effect for such day as announced from time to time within Wells Fargo as its “prime rate.” The applicable margin for all loans is a function of Average Daily Availability for the preceding fiscal quarter as set forth below. Level Average Daily Availability LIBO Rate Applicable Margin Base Rate Applicable Margin I Greater than or equal to $70,000,000 1.25% 0.25% II Less than $70,000,000 1.375% 0.50% The commitment fee assessed on the unused portion of the Credit Facility was 0.20% per annum. Obligations under the Credit Facility are secured by a general lien and perfected security interest in substantially all of the Company’s assets. The Credit Agreement contains covenants that require the Company to maintain a fixed charge coverage ratio of not less than 1.0:1.0 in certain circumstances, and limit the ability to, among other things, incur liens, incur additional indebtedness, transfer or dispose of assets, change the nature of the business, guarantee obligations, pay dividends or make other distributions or repurchase stock, and make advances, loans or investments. The Company may declare or pay cash dividends or repurchase stock only if, among other things, no default or event of default then exists or would arise from such dividend or repurchase of stock and, after giving effect to such dividend or repurchase, certain availability and/or fixed charge coverage ratio requirements are satisfied. The Credit Agreement contains customary events of default, including, without limitation, failure to pay when due principal amounts with respect to the Credit Facility, failure to pay any interest or other amounts under the Credit Facility for five days after becoming due, failure to comply with certain agreements or covenants contained in the Credit Agreement, failure to satisfy certain judgments against the Company, failure to pay when due (or any other default which does or may lead to the acceleration of) certain other material indebtedness in principal amount in excess of $5.0 million, and certain insolvency and bankruptcy events. As of December 29, 2019 and December 30, 2018, the Company had long-term revolving credit borrowings outstanding bearing interest at either LIBO or the prime lending rates as follows: December 29, 2019 December 30, 2018 (Dollars in thousands) LIBO rate $ 60,000 $ 65,000 Prime rate 6,559 — Total borrowings $ 66,559 $ 65,000 LIBO rate 1.8 % 2.5 % Prime rate 4.8 % 5.5 % Average interest rate 3.8 % 3.4 % Year-end interest rate 3.6 % 4.0 % Total remaining borrowing availability, after subtracting letters of credit, was $72.7 million and $74.5 million as of December 29, 2019 and December 30, 2018, respectively, and letter of credit commitments were $0.7 million and $0.5 million as of December 29, 2019 and December 30, 2018, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 29, 2019
Income Tax Disclosure [Abstract]
Income Taxes	(9) Income Taxes Total income tax (benefit) expense consists of the following: Current Deferred Total (In thousands) Fiscal 2019: Federal $ 1,746 $ 541 $ 2,287 State 546 505 1,051 $ 2,292 $ 1,046 $ 3,338 Fiscal 2018: Federal $ (371 ) $ (867 ) $ (1,238 ) State (122 ) 290 168 $ (493 ) $ (577 ) $ (1,070 ) The provision for income taxes differs from the amounts computed by applying the federal statutory tax rate of 21% to earnings before income taxes, as follows: Year Ended December 29, 2019 December 30, 2018 (In thousands) Tax expense (benefit) at statutory rate $ 2,474 $ (966 ) Tax credits (323 ) (333 ) Change in valuation allowance — 265 State tax expense (benefit), net of federal tax effect 626 (249 ) Write-offs related to nonvested share awards 393 227 Change in apportionment and other rate adjustments 104 (196 ) Nondeductible expenses 102 141 Other (38 ) 41 $ 3,338 $ (1,070 ) The provision for income taxes for fiscal 2018 included charges of $0.3 million, excluding the federal income tax benefit, to record a valuation allowance related to unused California Enterprise Zone Tax Credits. Deferred tax assets and liabilities as of December 29, 2019 and December 30, 2018 are tax-effected based on the federal and state corporate income tax rates. Deferred tax assets and liabilities consist of the following tax-effected temporary differences: December 29, 2019 December 30, 2018 (In thousands) Deferred tax assets: Deferred rent $ 4,322 $ 4,695 Employee benefit-related liabilities 2,621 2,717 Insurance liabilities 2,495 2,673 Merchandise inventory 1,624 1,933 Basis difference in fixed assets 1,495 252 California Enterprise Zone Tax Credits 1,395 1,456 Gift card liability 1,125 1,009 Share-based compensation 797 930 Allowance for sales returns 350 323 Deferred lease revenue 280 542 Asset retirement obligation asset accrual 173 191 Other deferred tax assets 248 963 Gross deferred tax assets 16,925 17,684 Less: Valuation allowance (1,212 ) (1,212 ) Deferred tax assets, net of valuation allowance 15,713 16,472 Deferred tax liabilities: Federal liability on state deferred tax assets (1,063 ) (1,162 ) Prepaid expense (759 ) (502 ) SaaS implementation costs (272 ) (229 ) Other deferred tax liabilities — (36 ) Deferred tax liabilities (2,094 ) (1,929 ) Net deferred tax assets $ 13,619 $ 14,543 As of fiscal 2019 and 2018, the Company maintained a valuation allowance of $1.2 million related to unused California Enterprise Zone Tax Credits, which the Company will not be able to carry forward beyond 2024 as a result of California’s termination of this program. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversals of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based upon the level of historical taxable income and projections of future taxable income over the periods during which the deferred tax assets are deductible, except as noted above, management believes it is more likely than not that the Company will realize the benefits of these deductible differences. The amount of the deferred tax asset considered realizable, however, could be reduced if estimates of future taxable income are reduced. Certain prior period amounts were reclassified to conform with current period presentation requirements. The Company files a consolidated federal income tax return and files tax returns in various state and local jurisdictions. The statutes of limitations for its consolidated federal income tax returns are open for fiscal years 2016 and after, and state and local income tax returns are open for fiscal years 2015 and after. As of December 29, 2019 and December 30, 2018, the Company had no unrecognized tax benefits that, if recognized, would affect the Company’s effective income tax rate over the next 12 months. The Company’s policy is to recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expense. As of December 29, 2019 and December 30, 2018, the Company had no accrued interest or penalties.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 29, 2019
Earnings Per Share [Abstract]
Earnings Per Share	(10) Earnings Per Share The Company calculates earnings per share in accordance with ASC 260, Earnings Per Share The following table sets forth the computation of basic and diluted earnings per common share: Year Ended December 29, 2019 December 30, 2018 (In thousands, except per share data) Net income (loss) $ 8,445 $ (3,531 ) Weighted-average shares of common stock outstanding: Basic 21,103 20,977 Dilutive effect of common stock equivalents arising from share option, nonvested share and nonvested share unit awards 46 — Diluted 21,149 20,977 Basic earnings (loss) per share $ 0.40 $ (0.17 ) Diluted earnings (loss) per share $ 0.40 $ (0.17 ) Antidilutive share option awards excluded from diluted calculation 499 290 Antidilutive nonvested share and nonvested share unit awards excluded from diluted calculation 457 403 The computation of diluted earnings per share for fiscal 2019 does not include certain share option awards that were outstanding and antidilutive (i.e., including such share option awards would result in higher earnings per share), since the exercise prices of these share option awards exceeded the average market price of the Company’s common shares. The computation of diluted earnings per share for fiscal 2018 excludes all potential share option awards since the Company reported a net loss, and the effect of their inclusion would have been antidilutive. Additionally, the computation of diluted earnings per share for fiscal 2019 does not include certain nonvested share awards and nonvested share unit awards that were outstanding and antidilutive, since the grant date fair values of these nonvested share awards and nonvested share unit awards exceeded the average market price of the Company’s common shares. The computation of diluted earnings per share for fiscal 2018 excludes all potential nonvested share awards and nonvested share unit awards since the Company reported a net loss, and the effect of their inclusion would have been antidilutive.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 29, 2019
Postemployment Benefits [Abstract]
Employee Benefit Plans	(11) Employee Benefit Plans The Company has a 401(k) plan covering eligible employees. Employee contributions are supplemented by Company contributions subject to 401(k) plan terms. The Company recognized employer matching and profit-sharing contributions of $2.2 million and $1.5 million for fiscal 2019 and 2018, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 29, 2019
Related Party Transactions [Abstract]
Related Party Transactions	(12) Related Party Transactions Prior to his death in fiscal 2008, the Company had an employment agreement with Robert W. Miller (“Mr. Miller”), co-founder of the Company and the father of Steven G. Miller, Chairman of the Board, President, Chief Executive Officer and a director of the Company. The employment agreement provided for Mr. Miller to receive an annual base salary of $350,000. The employment agreement further provided that, following his death, the Company will pay his surviving wife $350,000 per year and provide her specified benefits for the remainder of her life. During each of fiscal 2019 and 2018, the Company made a payment of $350,000 to Mr. Miller’s wife. The Company recognized expense of $0.3 million in fiscal 2019 and 2018, to provide for a liability for the future obligations under this agreement. Based upon actuarial valuation estimates related to this agreement, the Company had a recorded liability of $1.0 million and $1.1 million as of December 29, 2019 and December 30, 2018, respectively. The short-term portion of this liability is recorded in accrued expenses and the long-term portion is recorded in other long-term liabilities in the accompanying consolidated balance sheets.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 29, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	(13) Commitments and Contingencies The Company is involved in various claims and legal actions arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these matters is not expected to have a material adverse effect on the Company’s results of operations or financial condition.

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
	Dec. 29, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation Plans	(14) Share-Based Compensation Plans 2019 Equity Incentive Plan In April 2019, the Company adopted the 2019 Equity Incentive Plan (“2019 Plan”), which replaced the Company’s Amended and Restated 2007 Equity and Performance Incentive Plan (the “Prior Plan”). Awards under the 2019 Plan may consist of share option awards (both incentive share option awards and non-qualified share option awards), stock appreciation rights, nonvested share awards, other stock unit awards or dividend equivalents. In the past, share option awards issued by the Company have typically been non-qualified share option awards, while nonvested share awards and nonvested share unit awards issued by the Company have typically been based on the attainment of service-only conditions. Upon the adoption of the 2019 Plan, the Company stopped issuing awards under the Prior Plan, although the Company will continue to honor any outstanding awards under the Prior Plan. The 2019 Plan (i) permits the Company to issue a maximum of 3,848,803 shares of the Company’s common stock (representing an increase of 3,300,000 over the 548,803 shares of the Company’s common stock available for issuance under the Prior Plan as of April 11, 2019) plus the number of any additional shares that may thereafter become available as a result of the forfeiture, expiration or other cancellation of awards under any prior plans; and (ii) expires on April 11, 2029. Any share option awards or stock appreciation rights shall be counted against this limit as one share for every one share granted. Any shares that are subject to awards other than share option awards or stock appreciation rights (including shares delivered on the settlement of dividend equivalents) shall be counted against this limit as 2.5 shares for every one share granted. The aggregate number of shares available under the 2019 Plan and the number of outstanding share option awards will be increased or decreased to reflect any changes in the outstanding common stock of the Company by reason of any recapitalization, spin-off, reorganization, reclassification, stock dividend, stock split, reverse stock split, or similar transaction. At its discretion, the Company grants share option awards, nonvested share awards and nonvested share unit awards to certain employees, as defined by ASC 718, Compensation—Stock Compensation The Company accounts for its share-based compensation in accordance with ASC 718 and recognizes compensation expense on a straight-line basis over the requisite service period, net of estimated forfeitures, using the fair-value method for share option awards, nonvested share awards and nonvested share unit awards granted with service-only conditions. The estimated forfeiture rate considers historical employee turnover rates stratified into employee pools in comparison with an overall employee turnover rate, as well as expectations about the future. The Company periodically revises the estimated forfeiture rate in subsequent periods if actual forfeitures differ from those estimates. Compensation expense recorded under this method for fiscal 2019 and 2018 was $1.9 million and $2.2 million, respectively, which reduced operating income and income before income taxes by the same amount. Compensation expense recognized in cost of sales was $0.1 million in fiscal 2019 and 2018 and compensation expense recognized in selling and administrative expense was $1.8 million and $2.1 million in fiscal 2019 and 2018, respectively. The recognized tax benefit related to compensation expense for fiscal 2019 and 2018 was $0.5 million and $0.5 million, respectively. Net income for fiscal 2019 and net loss for fiscal 2018 reflects the net-of-tax charge of $1.4 million and $1.7 million, respectively, or $0.07 and $0.08 per basic and diluted share, respectively. Share Option Awards Share option awards granted by the Company generally vest and become exercisable in four equal installments of 25% per year with a maximum life of ten years. The exercise price of share option awards is equal to the quoted market price of the Company’s common stock on the date of grant. The Company granted 263,800 share option awards with a weighted-average grant-date fair value of $1.30 per share option award in fiscal 2019, and granted 254,900 share option awards with a weighted-average grant-date fair value of $1.24 per share option award in fiscal 2018. The following table details the Company’s share option awards activity for the current fiscal year: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding at December 30, 2018 362,310 $ 7.51 Granted 263,800 3.92 Forfeited or Expired (102,960 ) 6.43 Outstanding at December 29, 2019 523,150 $ 5.91 8.25 $ 17,500 Exercisable at December 29, 2019 111,499 $ 9.82 6.27 $ — Vested and Expected to Vest at December 29, 2019 513,914 $ 5.94 8.24 $ 17,158 The aggregate intrinsic value in the preceding table represents the total pre-tax intrinsic value, based upon the Company’s closing stock price of $3.02 per share as of December 29, 2019, which would have been received by the share option award holders had all share option award holders exercised their share option awards as of that date. No share option awards were exercised in fiscal 2019. The total intrinsic value of share option awards exercised, the total cash received from employees as a result of employee share option award exercises and the actual tax benefit realized for the tax deduction from share option award exercises in fiscal 2018 was approximately $10,000, $31,000 and $2,000, respectively. The fair value of each share option award on the date of grant was estimated using the Black-Scholes method based on the following weighted-average assumptions: Year Ended December 29, 2019 December 30, 2018 Risk-free interest rate 2.5 % 2.6 % Expected term 5.7 years 5.1 years Expected volatility 53.0 % 48.0 % Expected dividend yield 5.2 % 9.5 % The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods corresponding with the expected term of the option award; the expected term represents the weighted-average period of time that option awards granted are expected to be outstanding giving consideration to vesting schedules and historical participant exercise behavior; the expected volatility is based upon historical volatility of the Company’s common stock; and the expected dividend yield is based upon the Company’s current dividend rate and future expectations. As of December 29, 2019, there was $0.4 million of total unrecognized compensation expense related to nonvested share option awards granted. That expense is expected to be recognized over a weighted-average period of 2.8 years. Nonvested Share Awards and Nonvested Share Unit Awards Nonvested share awards and nonvested share unit awards granted by the Company vest for employees from the date of grant in four equal annual installments of 25% per year. Nonvested share awards and nonvested share unit awards granted by the Company to non-employee directors for their service as directors, as defined by ASC 718, vest 100% on the earlier of (a) the date of the Company’s next annual stockholders meeting following the grant date, or (b) the first anniversary of the grant date. Nonvested share awards become outstanding when granted and are delivered to the recipient upon their vesting. Nonvested share unit awards, including any dividend reinvestments, are delivered to the recipient on the tenth business day of January following the year in which the recipient’s service to the Company is terminated, at which time the units convert to shares and become outstanding. In January 2019, the Company delivered 29,672 vested shares, which included dividend reinvestments, for two Board members whose service terminated in fiscal 2018. Outstanding nonvested share awards and nonvested share unit awards accrue dividends at the same rate as dividends paid to the Company’s shareholders. Accrued dividends on nonvested share awards are paid upon vesting of the underlying shares, and accrued dividends on nonvested share unit awards are reinvested into additional nonvested share unit awards and are settled at the same time as the underlying share unit awards. The total fair value of nonvested share awards which vested during fiscal 2019 and 2018 was $0.6 million and $1.0 million, respectively. The total fair value of nonvested share unit awards which vested during fiscal 2019 and 2018 was $0.2 million and $0.3 million, respectively. The Company granted 308,584 nonvested share awards with a weighted-average grant-date fair value of $3.34 per share award in fiscal 2019 and granted 213,062 nonvested share awards with a weighted-average grant-date fair value of $6.99 per share award in fiscal 2018. The following table details the Company’s nonvested share awards activity for the current fiscal year: Shares Weighted- Average Grant- Date Fair Value Balance at December 30, 2018 434,292 $ 10.42 Granted 308,584 3.34 Vested (171,172 ) 11.00 Forfeited (39,180 ) 7.69 Balance at December 29, 2019 532,524 $ 6.33 To satisfy employee minimum statutory tax withholding requirements for nonvested share awards that vest, the Company withholds and retires a portion of the vesting common shares, unless an employee elects to pay cash. In fiscal 2019, the Company withheld 59,094 common shares with a total value of $0.2 million. This amount is presented as a cash outflow from financing activities in the accompanying consolidated statement of cash flows. As of December 29, 2019, dividends accrued but not paid related to nonvested share awards were $0.1 million. The Company granted 72,464 nonvested share unit awards with a weighted-average grant-date fair value of $2.07 per share unit award in fiscal 2019 and granted 34,884 nonvested share unit awards with a weighted-average grant-date fair value of $8.60 per share unit award in fiscal 2018. The weighted-average grant-date fair value of nonvested share awards and nonvested share unit awards is the quoted market price of the Company’s common stock on the date of grant. The following table details the Company’s nonvested share unit awards activity for the current fiscal year: Units Weighted- Average Grant- Date Fair Value Balance at December 30, 2018 26,163 $ 7.81 Granted 72,464 2.07 Dividend reinvestments 11,894 2.53 Vested (17,442 ) 8.60 Dividend reinvestments vested (8,945 ) 2.54 Forfeited (8,721 ) 8.60 Balance at December 29, 2019 75,413 $ 1.81 As of December 29, 2019, there were 119,318 cumulative nonvested share unit awards remaining that previously vested and are no longer outstanding, of which 28,076 of these awards represented cumulative dividend reinvestments. These cumulative nonvested share unit awards are deliverable to the holders upon termination of their service. As of December 29, 2019, there was $2.1 million and $0.1 million of total unrecognized compensation expense related to nonvested share awards and nonvested share unit awards, respectively. That expense is expected to be recognized over a weighted-average period of 2.1 years and 0.4 years for nonvested share awards and nonvested share unit awards, respectively.

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 29, 2019
Subsequent Events [Abstract]
Subsequent Event	( 15) Subsequent Event In the first quarter of fiscal 2020, the Company’s Board of Directors declared a quarterly cash dividend of $0.05 per share of outstanding common stock, which will be paid on March 20, 2020 to stockholders of record as of March 6, 2020.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 29, 2019
Valuation And Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	BIG 5 SPORTING GOODS CORPORATION (In thousands) Balance at Beginning of Period Charged to Costs and Expenses Deductions Balance at End of Period December 29, 2019 Allowance for doubtful receivables $ 28 $ 48 $ (18 ) $ 58 Allowance for sales returns $ 2,576 $ 126 (1) $ — $ 2,702 Inventory reserves $ 6,432 $ 5,019 $ (4,655 ) $ 6,796 December 30, 2018 Allowance for doubtful receivables $ 79 $ 20 $ (71 ) $ 28 Allowance for sales returns $ 2,368 $ 208 (1) $ — $ 2,576 Inventory reserves $ 5,850 $ 5,102 $ (4,520 ) $ 6,432 (1) Represents an increase (decrease) in the required reserve based upon the Company’s evaluation of anticipated merchandise returns.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 29, 2019
Accounting Policies [Abstract]
Consolidation	Consolidation The accompanying consolidated financial statements include the accounts of Big 5 Sporting Goods Corporation, Big 5 Corp. and Big 5 Services Corp. Intercompany balances and transactions have been eliminated in consolidation.
Reporting Period	Reporting Period The Company follows the concept of a 52-53 week fiscal year, which ends on the Sunday nearest December 31. Fiscal 2019 and 2018 each included 52 weeks.
Recently Adopted Accounting Updates	Recently Adopted Accounting Updates In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) , which requires lessees to recognize on the balance sheet assets and liabilities for leases with lease terms of more than 12 months. Consistent with prior GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee will depend primarily on its classification as a finance or operating lease. However, unlike prior GAAP—which required only finance (formerly capital) leases to be recognized on the balance sheet—the new ASU requires both types of leases to be recognized on the balance sheet. The ASU took effect for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. This standard can be applied at the beginning of the earliest period presented using the modified retrospective approach, which includes certain practical expedients that an entity may elect to apply, including an election to use certain transition relief. In July 2018, the FASB issued ASU No. 2018-10, Codification Improvements to Topic 842, Leases and ASU No. 2018-11, Leases (Topic 842): Targeted Improvements , which make improvements to Accounting Standards Codification (“ASC”) 842 and allow entities to not restate comparative periods in transition to ASC 842 and instead report the comparative periods under ASC 840. The Company adopted ASC 842 using the modified retrospective approach at the beginning of the first quarter of fiscal 2019, coinciding with the standard’s effective date. In accordance with ASC 842, the Company did not restate comparative periods in transition to ASC 842 and instead reported comparative periods under ASC 840. Adoption of the standard resulted in the initial recognition of operating lease right-of-use (“ROU”) assets of $ million and operating lease liabilities of $279.7 million as of December 31, 2018. These amounts are based on the present value of such commitments using the Company’s incremental borrowing rate (“IBR”), which was determined through the development of a synthetic credit rating. The adoption of this standard did not have a material impact on the Company’s consolidated statements of operations, shareholders’ equity or cash flows, and had no material impact on beginning retained earnings in fiscal 2019. The Company has implemented new lease administration and accounting software and has developed and mapped new and existing controls in the context of the Company’s control environment. In addition, the Company completed its evaluation of the practical expedients offered and enhanced disclosures required in ASC 842, as well as identified arrangements that contain embedded leases, among other activities, to account for the adoption of this standard. The Company elected the transition package of practical expedients permitted within the new standard which, among other things, allowed it to carryforward the historical lease classification. The Company did not elect the practical expedient to use hindsight in determining the lease term and in assessing impairment of ROU assets
Recently Issued Accounting Updates	Recently Issued Accounting Updates In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurements (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement. This standard removes, modifies, and adds certain disclosure requirements for fair value measurements. This pronouncement is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. The Company plans to adopt ASU No. 2018-13 in the first quarter of fiscal 2020, coinciding with the standard’s effective date, and expects the impact from this standard to be immaterial. In August 2018, the FASB issued ASU No. 2018-15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract . This standard aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The Company’s accounting for the service element of a hosting arrangement that is a service contract is not affected by the proposed amendments and will continue to be expensed as incurred in accordance with existing guidance. This standard does not expand on existing disclosure requirements except to require a description of the nature of hosting arrangements that are service contracts. This standard is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted, including adoption in any interim period for which financial statements have not been issued. Entities can choose to adopt the new guidance prospectively or retrospectively. The Company plans to adopt the updated disclosure requirements of ASU No. 2018-15 prospectively in the first quarter of fiscal 2020, coinciding with the standard’s effective date, and expects the impact from this standard to be immaterial. In December 2019, the FASB issued ASU No. 2019-12, Simplifying the Accounting for Income Taxes. This standard simplifies the accounting for income taxes by removing certain exceptions to the general principles in ASC 740, Income Taxes , while also clarifying and amending existing guidance, including interim-period accounting for enacted changes in tax law. This standard is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The Company plans to adopt ASU No. 2019-12 in the first quarter of fiscal 2021, coinciding with the standard’s effective date, and expects the impact from this standard to be immaterial. Other recently issued accounting updates are not expected to have a material impact on the Company’s consolidated financial statements.
Use of Estimates	Use of Estimates 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. Actual results could differ significantly from these estimates under different assumptions and conditions.
Segment Reporting	Segment Reporting The Company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform, that offers a broad range of products in the western United States and online, and whose Chief Operating Decision Maker (“CODM”) is the Chief Executive Officer. The CODM reviews financial information presented on a consolidated basis, for purposes of allocating resources and evaluating financial performance. The Company’s stores typically have similar square footage, with the stores and e-commerce platform offering a similar general product mix. The Company’s core customer demographic remains similar across all sales channels, as does the Company’s process for the procurement and marketing of its product mix. Furthermore, the Company distributes its product mix for both the stores and e-commerce platform from a single distribution center. Given the consolidated level of review by the CODM, the Company operates as one reportable segment as defined by ASC 280, Segment Reporting
Earnings Per Share	Earnings Per Share The Company calculates earnings per share in accordance with ASC 260, Earnings Per Share
Revenue Recognition	Revenue Recognition On January 1, 2018, the Company adopted ASC 606, Revenue from Contracts with Customers, The Company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform, that offers a broad range of products in the western United States and online. Generally, all revenue is recognized when control of the promised goods is transferred to customers, in an amount that reflects the consideration in exchange for those goods. Accordingly, the Company implicitly enters into a contract with customers to deliver merchandise inventory at the point of sale. Collectability is reasonably assured since the Company only extends immaterial credit purchases to certain municipalities and local school districts. As noted in the segment information elsewhere in this Note 2 to the Notes to Consolidated Financial Statements, the Company’s business consists of one reportable segment. In accordance with ASC 606, the Company disaggregates net sales into the following major merchandise categories to depict the nature and amount of revenue and related cash flows: Year Ended December 29, 2019 December 30, 2018 (In thousands) Hardgoods $ 493,749 $ 495,846 Athletic and sport footwear 279,733 281,004 Athletic and sport apparel 219,066 206,934 Other sales 3,947 3,797 Net sales $ 996,495 $ 987,581 Substantially all of the Company’s revenue is for single performance obligations for the following distinct items: • Retail store sales • E-commerce sales • Stored-value cards For performance obligations related to retail store and e-commerce sales contracts, the Company typically transfers control, for retail stores, upon consummation of the sale when the product is paid for and taken by the customer and, for e-commerce sales, when the product is tendered for delivery to the common carrier. For performance obligations related to stored-value cards, the Company typically transfers control upon redemption of the stored-value card through consummation of a future sales transaction. The transaction price for each contract is the stated price on the product, reduced by any stated discounts at that point in time. The Company does not engage in sales of products that attach a future material right which could result in a separate performance obligation for the purchase of goods in the future at a material discount. The implicit point-of-sale contract with the customer, as reflected in the transaction receipt, states the final terms of the sale, including the description, quantity, and price of each product purchased. Payment for the Company’s contracts is due in full upon delivery. The customer agrees to a stated price implicit in the contract. The transaction price relative to sales subject to a right of return reflects the amount of estimated consideration to which the Company expects to be entitled. This amount of variable consideration included in the transaction price, and measurement of net sales, is included in net sales only to the extent that it is probable that there will be no significant reversal in a future period. Actual amounts of consideration ultimately received may differ from the Company’s estimates. There were no material adjustments to the Company’s previous estimates. The allowance for sales returns is estimated based upon historical experience and a provision for estimated returns is recorded as a reduction in sales in the relevant period. The estimated right-of-return merchandise cost related to the sales returns is recorded as prepaid expense in the Company’s consolidated balance sheet as of December 29, 2019. If actual results in the future vary from the Company’s estimates, the Company adjusts these estimates, which would affect net sales and earnings in the period such variances become known. The Company has elected to apply the practical expedient, relative to e-commerce sales, which allows an entity to account for shipping and handling as fulfillment activities, and not a separate performance obligation. Accordingly, the Company recognizes revenue for only one performance obligation, the sale of the product, at shipping point (when the customer gains control). Revenue associated with e-commerce sales is not material. Contract liabilities are recognized primarily for stored-value card sales. Cash received from the sale of stored-value cards is recorded as a contract liability in accrued expenses, and the Company recognizes revenue upon the customer’s redemption of the stored-value card. Stored-value card breakage is recognized as revenue in proportion to the pattern of customer redemptions by applying a historical breakage rate of five percent. The Company does not sell or provide stored-value cards that carry expiration dates. The Company recognized $6.6 million and $7.2 million in stored-value card redemption revenue for fiscal 2019 and 2018, respectively. The Company also recognized $0.4 million in stored-value card breakage revenue for fiscal 2019 and 2018. The Company had outstanding stored-value card liabilities of $7.2 million and $7.0 million The Company recorded, as prepaid expense, estimated right-of-return merchandise cost of $1.4 million related to estimated sales returns as of December 29, 2019 and December 30, 2018 and recorded, as accrued expense, an allowance for sales returns reserve of $2.7 million and $2.6 million as of December 29, 2019 and December 30, 2018, respectively.
Cost of Sales	Cost of Sales Cost of sales includes the cost of merchandise, net of discounts or allowances earned, freight (including e-commerce shipping and handling costs), inventory reserves, buying, distribution center expense, including depreciation, and store occupancy expense. Store occupancy expense includes rent, amortization of leasehold improvements, common area maintenance, property taxes and insurance.
Selling and Administrative Expense	Selling and Administrative Expense Selling and administrative expense includes store-related expense, other than store occupancy expense, as well as advertising, depreciation and amortization, expense associated with operating the Company’s corporate headquarters and impairment charges, if any.
Recovery of Insurance Proceeds	Recovery of Insurance Proceeds In November 2018, one of the Company’s stores was destroyed as a result of a fire and, in the fourth quarter of fiscal 2018, we disposed of assets of $0.6 million in total, of which $0.5 million related to lost inventory and $0.1 million related to lost property and equipment. In fiscal 2019, the Company received a cash insurance recovery of $0.9 million in total, net of the insurance deductible, of which $0.7 million related to the reimbursement of lost profit margin, inventory and expense and $0.2 million related to the reimbursement of lost property and equipment. Accordingly, the Company recognized gains of $0.2 million related to the recovery of lost profit margin and expense and $0.1 million related to the recovery of property and equipment. The reimbursement of lost profit margin, inventory and expense is included in the accompanying consolidated statements of operations as a reduction of cost of goods sold for fiscal 2019, and the reimbursement of lost property and equipment is included in the accompanying consolidated statements of operations as a reduction of selling and administrative expense for fiscal 2019.
Vendor Allowances	Vendor Allowances The Company receives allowances for co-operative advertising and volume purchase rebates earned through programs with certain vendors. The Company records a receivable for these allowances which are earned but not yet received when it is determined the amounts are probable and reasonably estimable. Amounts relating to the purchase of merchandise are treated as a reduction of inventory cost and reduce cost of goods sold as the merchandise is sold. Amounts that represent a reimbursement of costs incurred, such as advertising, are recorded as a reduction in selling and administrative expense. The Company performs detailed analyses to determine the appropriate amount of vendor allowances to be applied as a reduction of merchandise cost and selling and administrative expense.
Advertising Expense	Advertising Expense Advertising is expensed when the advertising first occurs. Advertising expense, net of co-operative advertising allowances, amounted to $27.8 million and $32.8 million for fiscal 2019 and 2018, respectively. Advertising expense is included in selling and administrative expense in the accompanying consolidated statements of operations. The Company receives co-operative advertising allowances from certain product vendors in order to subsidize qualifying advertising and similar promotional expenditures made relating to vendors’ products. These advertising allowances are recognized as a reduction to selling and administrative expense when the Company incurs the advertising expense eligible for the credit. Co-operative advertising allowances recognized as a reduction to selling and administrative expense amounted to $5.1 million for fiscal 2019 and 2018.
Share-Based Compensation	Share-Based Compensation The Company accounts for its share-based compensation in accordance with ASC 718, Compensation—Stock Compensation
Pre-opening Costs	Pre-opening Costs Pre-opening costs for new stores, which are not material, consist primarily of payroll and recruiting expense, training, marketing, rent, travel and supplies, and are expensed as incurred.
Cash	Cash Cash consists of cash on hand, and the Company has no cash equivalents. Book overdrafts are classified as current liabilities.
Accounts Receivable	Accounts Receivable Accounts receivable consist primarily of third party purchasing card receivables, amounts due from inventory vendors for returned products, volume purchase rebates or co-operative advertising, amounts due from lessors for tenant improvement allowances and insurance recovery receivables. Accounts receivable have not historically resulted in any material credit losses. An allowance for doubtful accounts is provided when accounts are determined to be uncollectible.
Valuation of Merchandise Inventories, Net	Valuation of Merchandise Inventories, Net The Company’s merchandise inventories are made up of finished goods and are valued at the lower of cost or net realizable value using the weighted-average cost method that approximates the first-in, first-out (“FIFO”) method. Average cost includes the direct purchase price of merchandise inventory, net of vendor allowances and cash discounts, in-bound freight-related expense and allocated overhead expense associated with the Company’s distribution center. Management regularly reviews inventories and records valuation reserves for damaged and defective merchandise, merchandise items with slow-moving or obsolescence exposure and merchandise that has a carrying value that exceeds net realizable value. Because of its merchandise mix, the Company has not historically experienced significant occurrences of obsolescence. Inventory shrinkage is accrued as a percentage of merchandise sales based on historical inventory shrinkage trends. The Company performs physical inventories of its stores at least once per year and cycle counts inventories at its distribution center throughout the year. The reserve for inventory shrinkage primarily represents an estimate for inventory shrinkage for each store since the last physical inventory date through the reporting date. These reserves are estimates, which could vary significantly, either favorably or unfavorably, from actual results if future economic conditions, consumer demand and competitive environments differ from expectations.
Prepaid Expenses	Prepaid Expenses Prepaid expenses include the prepayment of various operating expenses such as insurance, income and property taxes, software maintenance and supplies, which are expensed when the operating cost is realized.
Property and Equipment, Net	Property and Equipment, Net Property and equipment are stated at cost and are being depreciated or amortized utilizing the straight-line method over the following estimated useful lives: Land Indefinite Buildings 20 years Leasehold improvements Shorter of estimated useful life or term of lease Furniture and equipment 3 – 10 years Internal-use software 3 – 7 years Maintenance and repairs are expensed as incurred. The Company incurs costs to purchase and develop software for internal use. Costs related to the application development stage are capitalized and amortized over the estimated useful life of the software. Costs related to the design or maintenance of internal-use software are expensed as incurred. See Note 3 to the Notes to Consolidated Financial Statements for a further discussion on property and equipment.
Valuation of Long-Lived Assets	Valuation of Long-Lived Assets In accordance with ASC 360, Property, Plant, and Equipment Long-lived assets are reviewed for recoverability at the lowest level in which there are identifiable cash flows (“asset group”), usually at the store level. The carrying amount of a store asset group includes stores’ property and equipment, leasehold improvements and operating lease ROU assets. The carrying amount of a store asset group is not considered recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the store asset group. When stores are identified as having an indicator of impairment, the Company forecasts undiscounted cash flows over the store asset group’s remaining lease term and compares the undiscounted cash flows to the carrying amount of the store asset group. If the store asset group is determined not to be recoverable, then an impairment charge will be recognized in the amount by which the carrying amount of the store asset group exceeds its fair value, determined using discounted cash flow valuation techniques, as contemplated in ASC 820, Fair Value Measurements The Company determines the cash flows expected to result from the store asset group by projecting future revenue, gross margin and operating expense for each store asset group under evaluation for impairment. The estimates of future cash flows involve management judgment and are based upon assumptions about expected future operating performance. Assumptions used in these forecasts are consistent with internal planning, and include assumptions about sales growth rates, gross margins and operating expense in relation to the current economic environment and the Company’s future expectations, competitive factors in its various markets, inflation, sales trends and other relevant environmental factors that may impact the store under evaluation. The actual cash flows could differ from management’s estimates due to changes in business conditions, operating performance and economic conditions. If economic conditions deteriorate in the markets in which the Company conducts business, or if other negative market conditions develop, the Company may experience additional impairment charges in the future for underperforming stores. The resulting impairment charge, if any, is allocated to the property and equipment, leasehold improvements and operating lease ROU assets on a pro rata basis using the relative carrying amounts of those assets. The allocated impairment charge to a long-lived asset is limited to the extent that the impairment charge does not reduce the carrying amount of the long-lived asset below its individual fair value. The individual fair values of the property and equipment and leasehold improvements of the impaired store asset group were not material for fiscal 2019. The estimation of the fair value of an ROU asset involves the evaluation of current market value rental amounts for leases associated with ROU assets. The estimates of current market value rental amounts are primarily based on recent observable market rental data of other comparable retail store locations. The fair value of an ROU asset is measured using a discounted cash flow valuation technique by discounting the estimated current and future market rental values using a property-specific discount rate. In fiscal 2019 and 2018, the Company recognized non-cash impairment charges of $0.5 million and $0.2 million, respectively, related to certain underperforming stores. These impairment charges represented property and equipment and leasehold improvements and are included in selling and administrative expense in the consolidated statements of operations. See Note 4 to the Notes to Consolidated Financial Statements for a further discussion on impairment of assets.
Leases	Leases The Company adopted ASC 842 as of December 31, 2018, using the modified retrospective approach and applying transitional relief allowing entities to initially apply the requirements at the adoption date by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. Consequently, results and disclosures for the reporting periods beginning on December 31, 2018 are reported and presented under ASC 842, while prior period amounts and disclosures are not adjusted and continue to be reported and presented under ASC 840, Leases . Additionally, the Company elected: 1. A package of practical expedients allowing the Company to: a. carry forward its historical lease classification (i.e., it is not necessary to reclassify any existing leases at the adoption date), b. avoid reassessing whether any expired or existing contracts are or contain leases, and c. avoid reassessing initial direct costs for any existing leases. 2. A practical expedient allowing the Company to not separate lease components (e.g., fixed payments including rent, real estate taxes and insurance costs) from nonlease components (e.g., common area maintenance costs), primarily impacting the Company’s real estate lease population. The election of this practical expedient eliminates the burden of separately estimating the real estate lease and nonlease costs on a relative stand-alone basis. 3. A practical expedient related to land easements, allowing the Company to carry forward the accounting treatment for land easements on existing agreements and eliminated the need to reassess existing lease contracts to determine if land easements are separate leases under ASC 842. The Company did not elect a practical expedient which would allow the Company to use hindsight in determining the lease term (that is, when considering lessee options to extend or terminate the lease and to purchase the underlying asset) and to assess impairment of the entity’s ROU assets, since election of this expedient could make adoption more complex given that re-evaluation of the lease term and impairment consideration affect other aspects of lease accounting. In accordance with ASC 842, the Company determines if an arrangement is a lease at inception. The Company has operating and finance leases for the Company’s retail store facilities, distribution center, corporate offices, information technology hardware and distribution center delivery tractors ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the reasonably certain lease term. As the Company’s leases generally do not provide an implicit rate, the Company uses a collateralized IBR to determine the present value of lease payments. The collateralized IBR is based on a synthetic credit rating that is externally prepared on an annual basis. This analysis considers qualitative and quantitative factors based on guidance provided by a rating agency for the consumer durables industry. The Company adjusts the selected IBR quarterly with a company-specific unsecured yield curve that approximates the Company’s market risk profile. The collateralized IBR is also based upon the estimated impact that the collateral has on the IBR. To account for the collateralized nature of the IBR, the Company utilized a notching method based on notching guidance provided by a rating agency whereby the Company’s base credit rating is notched upward as the yield curve on a secured loan is expected to be lower versus an unsecured loan. The operating lease ROU asset also includes any prepaid lease payments made and is reduced by lease incentives such as tenant improvement allowances. The operating lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Operating lease expense for lease payments is recognized on a straight-line basis over the lease term. For fiscal 2018, t he Company evaluated and classified its leases as either operating or capital leases for financial reporting purposes, in accordance with ASC 840. Certain of the leases for the Company’s retail store facilities provide for payments based on future sales volumes at the leased location, which are not measurable at the inception of the lease. Under both ASC 840 and 842, these contingent rents are expensed as incurred. In accordance with ASC 840, deferred rent represents the difference between rent paid and the amounts expensed for operating leases. Certain leases have scheduled rent increases, and certain leases include an initial period of free or reduced rent as an inducement to enter into the lease agreement (“rent holidays”). The Company recognized rent expense for rent increases and rent holidays on a straight-line basis over the term of the underlying leases, without regard to when rent payments are made. The calculation of straight-line rent begins on the possession date and extends through the “reasonably assured” lease term as defined in ASC 840 and may exceed the initial non-cancelable lease term. Additionally, in accordance with ASC 840, landlord allowances for tenant improvements, or lease incentives, were recorded as deferred rent and amortized on a straight-line basis over the “reasonably assured” lease term as a component of rent expense. See Note 7 to the Notes to Consolidated Financial Statements for a further discussion on leases.
Self-Insurance Liabilities	Self-Insurance Liabilities The Company is self-insured for its various insurance risks including its estimated workers’ compensation liability risk in certain states. The Company also has a self-funded insurance program for a portion of its employee medical benefits. Under these programs, the Company maintains insurance coverage for losses in excess of specified per-occurrence amounts. Estimated expenses incurred under the self-insured workers’ compensation and medical benefits programs, including incurred but not reported claims, are recorded as expense based upon historical experience, trends of paid and incurred claims, and other actuarial assumptions. If actual claims trends under these programs, including the severity or frequency of claims, differ from the Company’s estimates, its financial results may be significantly impacted. The Company’s actuarially-estimated self-insurance liabilities, which are reported gross of expected workers’ compensation insurance reimbursements, are classified on the balance sheet as accrued expenses or other long-term liabilities based upon whether they are expected to be paid during or beyond the normal operating cycle of 12 months from the date of the consolidated financial statements. Self-insurance liabilities totaled $10.8 million and $11.7 million as of December 29, 2019 and December 30, 2018, respectively, of which $4.7 million and $5.3 million were recorded as a component of accrued expenses as of December 29, 2019 and December 30, 2018, respectively, and $6 .1
Income Taxes	Income Taxes Under the asset and liability method prescribed within ASC 740, Income Taxes ASC 740 provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits of the position. ASC 740 also provides guidance on measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company’s practice is to recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in selling and administrative expense. As of December 29, 2019 and December 30, 2018, the Company had no accrued interest or penalties. See Note 9 to the Notes to Consolidated Financial Statements for a further discussion on income taxes.
Treasury Stock Purchases	Treasury Stock Purchases The Company repurchases its common stock in the open market pursuant to programs approved by its Board of Directors. The Board of Directors authorized a share repurchase program for the purchase of up to $25.0 million of the Company’s common stock. Under the authorization, the Company may purchase shares from time to time in the open market or in privately negotiated transactions in compliance with the applicable rules and regulations of the Securities and Exchange Commission. The Company may repurchase its common stock for a variety of reasons, including, among other things, its alternative cash requirements, existing business conditions and the current market price of its stock. However, the timing and amount of such purchases, if any, would be at the discretion of management and the Board of Directors. The Company repurchased no shares of common stock in fiscal 2019 and repurchased 75,748 shares of common stock for $0.4 million in fiscal 2018. As of December 29, 2019, a total of $15.3 million remained available for share repurchases under its current share repurchase program.
Concentration of Risk	Concentration of Risk The Company maintains its cash accounts in financial institutions, and accounts at these institutions are insured by the Federal Deposit Insurance Corporation up to $250,000. The Company primarily operates traditional sporting goods retail stores located in the western United States. Because of this, 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 and other natural disasters specific to the states in which the Company operates. 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. A substantial amount of the Company’s inventory is manufactured abroad. From time to time, shipping ports experience capacity constraints, 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. The Company purchases merchandise from over 700 suppliers, and the Company’s 20 largest suppliers accounted for 40.5% of total purchases in fiscal 2019. One vendor represented greater than 5% of total purchases, at 9.8%, in fiscal 2019. A significant portion of the Company’s inventory is manufactured abroad in China and other countries. 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 the Coronavirus respiratory illness identified in Wuhan, China, 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. The Company could be exposed to credit risk in the event of nonperformance by any 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 the lenders under its current revolving credit facility; however, the possibility does exist.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 29, 2019
Accounting Policies [Abstract]
Summary of Disaggregates Net Sales into Major Merchandise Categories to Depict Nature and Amount of Revenue and Related Cash Flows	In accordance with ASC 606, the Company disaggregates net sales into the following major merchandise categories to depict the nature and amount of revenue and related cash flows: Year Ended December 29, 2019 December 30, 2018 (In thousands) Hardgoods $ 493,749 $ 495,846 Athletic and sport footwear 279,733 281,004 Athletic and sport apparel 219,066 206,934 Other sales 3,947 3,797 Net sales $ 996,495 $ 987,581
Schedule of Estimated Useful Life of Property and Equipment	Property and equipment are stated at cost and are being depreciated or amortized utilizing the straight-line method over the following estimated useful lives: Land Indefinite Buildings 20 years Leasehold improvements Shorter of estimated useful life or term of lease Furniture and equipment 3 – 10 years Internal-use software 3 – 7 years

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 29, 2019
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment, net, consist of the following: December 29, 2019 December 30, 2018 (In thousands) Furniture and equipment $ 138,241 $ 137,881 Leasehold improvements 167,965 165,979 Internal-use software 36,332 35,810 Land 2,750 2,750 Building 1,775 1,775 347,063 344,195 Accumulated depreciation and amortization (1) (279,796 ) (268,544 ) 67,267 75,651 Assets not placed into service 1,147 837 Property and equipment, net $ 68,414 $ 76,488 (1) Includes accumulated amortization for internal-use software development costs of $28.9 million and $26.3 million as of December 29, 2019 and December 30, 2018, respectively.

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 29, 2019
Payables And Accruals [Abstract]
Summary of Accrued Expenses	The major components of accrued expenses are as follows: December 29, 2019 December 30, 2018 (In thousands) Payroll and related expense $ 23,433 $ 22,348 Sales tax 9,607 10,198 Occupancy expense 9,503 11,220 Other 22,392 23,893 Accrued expenses $ 64,935 $ 67,659

Lease Commitments (Tables)

Lease Commitments (Tables)	12 Months Ended
	Dec. 29, 2019
Leases [Abstract]
Summary of Components of Lease Expense	In accordance with ASC 842, the components of lease expense were as follows: Year Ended December 29, 2019 (In thousands) Lease expense: Amortization of right-of-use assets $ 2,673 Interest on lease liabilities 378 Finance lease expense 3,051 Operating lease expense 80,470 Variable lease expense 15,515 Sublease income (1,158 ) Total lease expense $ 97,878
Schedule of Other Information Related To Leases	In accordance with ASC 842, other information related to leases was as follows: Year Ended December 29, 2019 (In thousands) Operating cash flows from operating leases $ 82,200 Operating cash flows from finance leases 377 Financing cash flows from finance leases 2,547 Cash paid for amounts included in the measurement of lease liabilities $ 85,124 Right-of-use assets obtained in exchange for new finance lease liabilities $ 3,123 Right-of-use assets obtained in exchange for new operating lease liabilities $ 60,548
Schedule of Maturities For Finance And Operating Leases	In accordance with ASC 842, maturities of finance and operating lease liabilities as of December 29, 2019 were as follows: Year Ending: Finance Leases Operating Leases (In thousands) 2020 $ 3,164 $ 87,001 2021 2,193 66,849 2022 1,745 54,137 2023 942 40,740 2024 — 31,415 Thereafter — 47,881 Undiscounted cash flows $ 8,044 $ 328,023 Reconciliation of lease liabilities: Weighted-average remaining lease term 3.1 years 5.2 years Weighted-average discount rate 4.7 % 6.3 % Present values $ 7,465 $ 278,348 Lease liabilities - current 2,678 71,542 Lease liabilities - long-term 4,787 206,806 Lease liabilities - total $ 7,465 $ 278,348 Difference between undiscounted and discounted cash flows $ 579 $ 49,675
Schedule of Rent Expense	In accordance with ASC 840, rent expense for operating leases consisted of the following: Year Ended December 30, 2018 (In thousands) Rent expense $ 77,362 Contingent rent 315 Total rent expense $ 77,677
Schedule of Future Minimum Lease Payments under Non-Cancelable Leases	In accordance with ASC 840, future minimum lease payments under non-cancelable leases as of December 30, 2018 were as follows: Year Ending: Capital Leases Operating Leases Total (In thousands) 2019 $ 2,668 $ 81,876 $ 84,544 2020 2,179 70,657 72,836 2021 1,472 54,863 56,335 2022 1,057 42,267 43,324 2023 539 31,241 31,780 Thereafter — 54,386 54,386 Total minimum lease payments (1) 7,915 $ 335,290 $ 343,205 Imputed interest (770 ) Present value of minimum lease payments $ 7,145 (1) Minimum lease payments have not been reduced by sublease rentals of $0.3 million due in the future under non-cancelable subleases.

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 29, 2019
Debt Disclosure [Abstract]
Average Daily Excess Availability for Preceding Fiscal Quarter	The applicable margin for all loans is a function of Average Daily Availability for the preceding fiscal quarter as set forth below. Level Average Daily Availability LIBO Rate Applicable Margin Base Rate Applicable Margin I Greater than or equal to $70,000,000 1.25% 0.25% II Less than $70,000,000 1.375% 0.50%
Summary of Long-Term Revolving Credit Borrowings Outstanding Bearing Interest Either LIBO or Prime Lending Rates	As of December 29, 2019 and December 30, 2018, the Company had long-term revolving credit borrowings outstanding bearing interest at either LIBO or the prime lending rates as follows: December 29, 2019 December 30, 2018 (Dollars in thousands) LIBO rate $ 60,000 $ 65,000 Prime rate 6,559 — Total borrowings $ 66,559 $ 65,000 LIBO rate 1.8 % 2.5 % Prime rate 4.8 % 5.5 % Average interest rate 3.8 % 3.4 % Year-end interest rate 3.6 % 4.0 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 29, 2019
Income Tax Disclosure [Abstract]
Summary of Total Income Tax (Benefit) Expense	Total income tax (benefit) expense consists of the following: Current Deferred Total (In thousands) Fiscal 2019: Federal $ 1,746 $ 541 $ 2,287 State 546 505 1,051 $ 2,292 $ 1,046 $ 3,338 Fiscal 2018: Federal $ (371 ) $ (867 ) $ (1,238 ) State (122 ) 290 168 $ (493 ) $ (577 ) $ (1,070 )
Schedule of Federal Statutory Tax Rate Reconciliation	The provision for income taxes differs from the amounts computed by applying the federal statutory tax rate of 21% to earnings before income taxes, as follows: Year Ended December 29, 2019 December 30, 2018 (In thousands) Tax expense (benefit) at statutory rate $ 2,474 $ (966 ) Tax credits (323 ) (333 ) Change in valuation allowance — 265 State tax expense (benefit), net of federal tax effect 626 (249 ) Write-offs related to nonvested share awards 393 227 Change in apportionment and other rate adjustments 104 (196 ) Nondeductible expenses 102 141 Other (38 ) 41 $ 3,338 $ (1,070 )
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities consist of the following tax-effected temporary differences: December 29, 2019 December 30, 2018 (In thousands) Deferred tax assets: Deferred rent $ 4,322 $ 4,695 Employee benefit-related liabilities 2,621 2,717 Insurance liabilities 2,495 2,673 Merchandise inventory 1,624 1,933 Basis difference in fixed assets 1,495 252 California Enterprise Zone Tax Credits 1,395 1,456 Gift card liability 1,125 1,009 Share-based compensation 797 930 Allowance for sales returns 350 323 Deferred lease revenue 280 542 Asset retirement obligation asset accrual 173 191 Other deferred tax assets 248 963 Gross deferred tax assets 16,925 17,684 Less: Valuation allowance (1,212 ) (1,212 ) Deferred tax assets, net of valuation allowance 15,713 16,472 Deferred tax liabilities: Federal liability on state deferred tax assets (1,063 ) (1,162 ) Prepaid expense (759 ) (502 ) SaaS implementation costs (272 ) (229 ) Other deferred tax liabilities — (36 ) Deferred tax liabilities (2,094 ) (1,929 ) Net deferred tax assets $ 13,619 $ 14,543

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 29, 2019
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Common Share	The following table sets forth the computation of basic and diluted earnings per common share: Year Ended December 29, 2019 December 30, 2018 (In thousands, except per share data) Net income (loss) $ 8,445 $ (3,531 ) Weighted-average shares of common stock outstanding: Basic 21,103 20,977 Dilutive effect of common stock equivalents arising from share option, nonvested share and nonvested share unit awards 46 — Diluted 21,149 20,977 Basic earnings (loss) per share $ 0.40 $ (0.17 ) Diluted earnings (loss) per share $ 0.40 $ (0.17 ) Antidilutive share option awards excluded from diluted calculation 499 290 Antidilutive nonvested share and nonvested share unit awards excluded from diluted calculation 457 403

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 29, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Share Option Awards	The following table details the Company’s share option awards activity for the current fiscal year: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding at December 30, 2018 362,310 $ 7.51 Granted 263,800 3.92 Forfeited or Expired (102,960 ) 6.43 Outstanding at December 29, 2019 523,150 $ 5.91 8.25 $ 17,500 Exercisable at December 29, 2019 111,499 $ 9.82 6.27 $ — Vested and Expected to Vest at December 29, 2019 513,914 $ 5.94 8.24 $ 17,158
Weighted-Average Assumptions Used to Estimate the Fair Value of Each Share Option Award	The fair value of each share option award on the date of grant was estimated using the Black-Scholes method based on the following weighted-average assumptions: Year Ended December 29, 2019 December 30, 2018 Risk-free interest rate 2.5 % 2.6 % Expected term 5.7 years 5.1 years Expected volatility 53.0 % 48.0 % Expected dividend yield 5.2 % 9.5 %
Summary of Nonvested Share Awards Activity	The following table details the Company’s nonvested share awards activity for the current fiscal year: Shares Weighted- Average Grant- Date Fair Value Balance at December 30, 2018 434,292 $ 10.42 Granted 308,584 3.34 Vested (171,172 ) 11.00 Forfeited (39,180 ) 7.69 Balance at December 29, 2019 532,524 $ 6.33 The following table details the Company’s nonvested share unit awards activity for the current fiscal year: Units Weighted- Average Grant- Date Fair Value Balance at December 30, 2018 26,163 $ 7.81 Granted 72,464 2.07 Dividend reinvestments 11,894 2.53 Vested (17,442 ) 8.60 Dividend reinvestments vested (8,945 ) 2.54 Forfeited (8,721 ) 8.60 Balance at December 29, 2019 75,413 $ 1.81

Description of Business - Addit

Description of Business - Additional Information (Detail)	12 Months Ended
	Dec. 29, 2019ft²StoreSegment
Description Of Business [Line Items]
Number of operating stores | Store	434
Area of traditional sporting goods store | ft²	11,000
Number of reportable segment | Segment	1
Big 5 Corp [Member]
Description Of Business [Line Items]
Subsidiary interest ownership percentage	100.00%
Big 5 Service Corp [Member] | Big 5 Corp [Member]
Description Of Business [Line Items]
Subsidiary interest ownership percentage	100.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	Jan. 02, 2018USD ($)	Nov. 30, 2018Store	Dec. 30, 2018USD ($)	Dec. 29, 2019USD ($)SegmentObligationSuppliershares	Dec. 30, 2018USD ($)shares	Dec. 31, 2018USD ($)
Accounting Policies [Line Items]
Reporting period, minimum				364 days
Reporting period, maximum				371 days
Operating lease, right-of-use asset				$ 262,588,000
Operating lease, liability				278,348,000
Increase to retained earnings, net of tax due to the cumulative effect related to the change in accounting for stored value card breakage				$ (339,000)	$ 575,000
Number of reportable segment | Segment				1
Number of performance obligation | Obligation				1
Percentage of gift card historical breakage rate				5.00%
Stored value card redemption revenue recognized				$ 6,600,000	7,200,000
Outstanding stored value card liabilities			$ 7,000,000	$ 7,200,000	7,000,000
Stored value cards redeemed period				2 years
Number of stores destroyed in fire | Store		1
Loss contingency, total loss			600,000
Loss contingency, lost inventory			500,000
Loss contingency, lost property and equipment			100,000
Proceeds from cash insurance recovery total, net of insurance deductible				$ 900,000
Proceeds from insurance recovery - lost profit margin, inventory and expenses				711,000
Proceeds from insurance recovery - lost property and equipment				167,000
Gain on recovery of insurance proceeds - lost profit margin and expenses				231,000
Gain on recovery of insurance proceeds - property and equipment				56,000
Advertising expense, net of co-operative advertising allowances				27,800,000	32,800,000
Co-operative advertising allowances				5,100,000	5,100,000
Cash equivalents				0
Impairment of store assets				500,000	200,000
Self-insurance liabilities			11,700,000	10,800,000	11,700,000
Accrued interest or penalties			0	0	$ 0
Cash deposits insured by the Federal Deposit Insurance Corporation				$ 250,000
Concentration risk, suppliers | Supplier				700
Concentration risk, largest supplier | Supplier				20
Suppliers accounted for total purchases				40.50%
Percentage of vendors represented greater than of total purchases				5.00%
Vendor represented greater than of total purchases | Supplier				1
One vendor [Member]
Accounting Policies [Line Items]
Suppliers accounted for total purchases				9.80%
Common Stock [Member]
Accounting Policies [Line Items]
Share repurchase program, authorized amount				$ 25,000,000
Number of shares repurchased during period | shares				0	75,748
Number of shares repurchased during period, value					$ 400,000
Share repurchase program, remaining amount available for repurchase				$ 15,300,000
Accrued expenses [Member]
Accounting Policies [Line Items]
Self-insurance liabilities			5,300,000	4,700,000	5,300,000
Other long-term liabilities [Member]
Accounting Policies [Line Items]
Self-insurance liabilities			6,400,000	6,100,000	6,400,000
Stored Value Card Breakage Revenue [Member]
Accounting Policies [Line Items]
Recognized stored value card breakage revenue				400,000	400,000
ASC 842 [Member]
Accounting Policies [Line Items]
Operating lease, right-of-use asset				262,900,000		$ 262,900,000
Operating lease, liability				279,700,000		$ 279,700,000
ASU No. 2014-09 [Member] | ASC 606 [Member]
Accounting Policies [Line Items]
Increase to retained earnings, net of tax due to the cumulative effect related to the change in accounting for stored value card breakage	$ 600,000
Estimated right of return related to estimated sales returns	$ 1,300,000
ASU No. 2014-09 [Member] | ASC 606 [Member] | Merchandise [Member]
Accounting Policies [Line Items]
Estimated right of return related to estimated sales returns				1,400,000	1,400,000
Allowance for sales returns reserve			$ 2,600,000	$ 2,700,000	$ 2,600,000

Summary of Disaggregates Net Sa

Summary of Disaggregates Net Sales into Major Merchandise Categories to Depict Nature and Amount of Revenue and Related Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Accounting Policies [Line Items]
Net sales	$ 996,495	$ 987,581
Hardgoods [Member]
Accounting Policies [Line Items]
Net sales	493,749	495,846
Athletic and sport footwear [Member]
Accounting Policies [Line Items]
Net sales	279,733	281,004
Athletic and sport apparel [Member]
Accounting Policies [Line Items]
Net sales	219,066	206,934
Other sales [Member]
Accounting Policies [Line Items]
Net sales	$ 3,947	$ 3,797

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Estimated Useful Life of Property and Equipment (Detail)	12 Months Ended
	Dec. 29, 2019
Land [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	Indefinite
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	Shorter of estimated useful life or term of lease
Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	20 years
Furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	10 years
Internal-use software [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Internal-use software [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 29, 2019	Dec. 30, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 347,063	$ 344,195
Accumulated depreciation and amortization	(279,796)	(268,544)
Property and equipment, net excluding assets not placed into service	67,267	75,651
Assets not placed into service	1,147	837
Property and equipment, net	68,414	76,488
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	138,241	137,881
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	167,965	165,979
Internal-use software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	36,332	35,810
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,750	2,750
Building [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,775	$ 1,775

Property and Equipment, Net -_2

Property and Equipment, Net - Schedule of Property and Equipment (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 29, 2019	Dec. 30, 2018
Internal-use software development [Member]
Property, Plant and Equipment [Line Items]
Accumulated amortization for internal-use software development costs	$ 28.9	$ 26.3

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 30, 2018	Dec. 29, 2019	Dec. 30, 2018
Property, Plant and Equipment [Line Items]
Depreciation expense		$ 6,800	$ 7,600
Amortization expense		9,700	9,700
Finance leases, gross	$ 12,900	12,100	12,900
Accumulated depreciation of finance leases	5,900	4,800	5,900
Purchase of parcel of land with an existing building		9,363	15,460
Internal-use software [Member]
Property, Plant and Equipment [Line Items]
Amortization expense		$ 3,000	$ 2,200
Land and Building [Member]
Property, Plant and Equipment [Line Items]
Purchase of parcel of land with an existing building	4,500
Land [Member]
Property, Plant and Equipment [Line Items]
Purchase of parcel of land with an existing building	2,700
Building [Member]
Property, Plant and Equipment [Line Items]
Purchase of parcel of land with an existing building	$ 1,800

Impairment of Assets - Addition

Impairment of Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jun. 30, 2019	Dec. 30, 2018	Dec. 29, 2019	Dec. 30, 2018
Impairment Or Disposal Of Tangible Assets Disclosure [Abstract]
Property and equipment		$ 76,488	$ 68,414	$ 76,488
ROU assets			262,588
Impairment of store assets			$ 500	200
Impairment of software as a service asset		600
Liability of contract termination cost		$ 1,100		$ 1,100
Settlement gain from contract termination resulted in reduction of selling and administrative expense	$ 1,100

Accrued Expenses - Summary of A

Accrued Expenses - Summary of Accrued Expenses (Detail) - USD ($) $ in Thousands	Dec. 29, 2019	Dec. 30, 2018
Payables And Accruals [Abstract]
Payroll and related expense	$ 23,433	$ 22,348
Sales tax	9,607	10,198
Occupancy expense	9,503	11,220
Other	22,392	23,893
Accrued expenses	$ 64,935	$ 67,659

Lease Commitments - Additional

Lease Commitments - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jan. 01, 2017	Dec. 29, 2019	Dec. 31, 2018	Dec. 30, 2018
Lessee Lease Description [Line Items]
Operating lease, option to extend, description		options to extend the leases for up to 5 years
Operating lease, option to extend		true
Operating Lease, ROU assets		$ 262,588
Operating lease, liability		278,348
Decrease to retained earnings		(102,593)		$ (98,787)
Derecognized deferred rent				$ (14,615)
Non-cash operating ROU assets		60,500
Tenant allowances		$ 800
Assignment fee received	$ 4,300
Remaining lease term		13 months
Deferred lease revenue		$ 1,000
ASC 842 [Member]
Lessee Lease Description [Line Items]
Operating Lease, ROU assets		262,900	$ 262,900
Operating lease, liability		279,700	$ 279,700
ASC 842 [Member] | Restatement Adjustment [Member]
Lessee Lease Description [Line Items]
Decrease to retained earnings		300
Derecognized deferred rent		9,200
Derecognized tenant improvement allowances		$ 7,600
Maximum [Member]
Lessee Lease Description [Line Items]
Operating lease term		13 years
Operating lease, option to extend		5 years
Finance lease term		5 years

Lease Commitments - Summary of

Lease Commitments - Summary of Components of Lease Expense (Detail) $ in Thousands	12 Months Ended
	Dec. 29, 2019USD ($)
Lease expense:
Amortization of right-of-use assets	$ 2,673
Interest on lease liabilities	378
Finance lease expense	3,051
Operating lease expense	80,470
Variable lease expense	15,515
Sublease income	(1,158)
Total lease expense	$ 97,878

Lease Commitments - Schedule of

Lease Commitments - Schedule of Other Information Related to Leases (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Leases [Abstract]
Operating cash flows from operating leases	$ 82,200
Operating cash flows from finance leases	377
Financing cash flows from finance leases	2,547	$ 2,033
Cash paid for amounts included in the measurement of lease liabilities	85,124
Right-of-use assets obtained in exchange for new finance lease liabilities	3,123
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 60,548

Lease Commitments - Schedule _2

Lease Commitments - Schedule of Finance and Operating Lease Liabilities (Detail) - USD ($) $ in Thousands	Dec. 29, 2019	Dec. 30, 2018
Finance Lease Liabilities, Payments, Due [Abstract]
Finance leases, 2020	$ 3,164
Finance leases, 2021	2,193
Finance leases, 2022	1,745
Finance leases, 2023	942
Finance leases, total lease payments	$ 8,044
Weighted-average remaining lease term	3 years 1 month 6 days
Weighted-average discount rate	4.70%
Present values	$ 7,465
Lease liabilities - current	2,678	$ 2,322
Lease liabilities - long-term	4,787	$ 4,823
Lease liabilities - total	7,465
Difference between undiscounted and discounted cash flows	579
Operating Lease Liabilities, Payments Due [Abstract]
Operating leases, 2020	87,001
Operating leases, 2021	66,849
Operating leases, 2022	54,137
Operating leases, 2023	40,740
Operating leases, 2024	31,415
Operating leases, thereafter	47,881
Operating leases, total lease payments	$ 328,023
Weighted-average remaining lease term	5 years 2 months 12 days
Weighted-average discount rate	6.30%
Operating lease, liability	$ 278,348
Lease liabilities - current	71,542
Lease liabilities - long-term	206,806
Lease liabilities - total	278,348
Difference between undiscounted and discounted cash flows	$ 49,675

Lease Commitments - Schedule _3

Lease Commitments - Schedule of Rent Expense (Detail) $ in Thousands	12 Months Ended
	Dec. 30, 2018USD ($)
Leases [Abstract]
Rent expense	$ 77,362
Contingent rent	315
Total rent expense	$ 77,677

Lease Commitments - Schedule _4

Lease Commitments - Schedule of Future Minimum Lease Payments under Non-Cancelable Leases (Detail) $ in Thousands	Dec. 30, 2018USD ($)
Leases [Abstract]
2019, Capital Leases	$ 2,668
2020, Capital Leases	2,179
2021, Capital Leases	1,472
2022, Capital Leases	1,057
2023, Capital Leases	539
Total minimum lease payments, Capital Leases	7,915
Imputed interest	(770)
Present value of minimum lease payments	7,145
2019, Operating Leases	81,876
2020, Operating Leases	70,657
2021, Operating Leases	54,863
2022, Operating Leases	42,267
2023, Operating Leases	31,241
Thereafter, Operating Leases	54,386
Total minimum lease payments, Operating Leases	335,290
2019, Total	84,544
2020, Total	72,836
2021, Total	56,335
2022, Total	43,324
2023, Total	31,780
Thereafter, Total	54,386
Total minimum lease payments	$ 343,205

Lease Commitments - Schedule _5

Lease Commitments - Schedule of Future Minimum Lease Payments under Non-Cancelable Leases (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 30, 2018USD ($)
Leases [Abstract]
Minimum lease payments, sublease rentals under non-cancelable subleases	$ 0.3

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Debt Instrument [Line Items]
Credit Agreement description	On October 18, 2010, the Company, Big 5 Corp. and Big 5 Services Corp. entered into a credit agreement with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and a syndicate of other lenders, which was amended on October 31, 2011, December 19, 2013 and September 29, 2017 (as so amended, the “Credit Agreement”), and has a maturity date of September 29, 2022.
Maturity date of Credit Agreement	Sep. 29, 2022
First tier of increase to the borrowing capacity	$ 165,000,000
Maximum limit of credit facility	200,000,000
Sublimit for issuances of letters of credit	25,000,000
Sublimit for swingline loans	$ 20,000,000
Percentage of eligible credit card accounts receivables	90.00%
Percentage of the value of eligible inventory	90.00%
Percentage of the value of eligible in-transit inventory	90.00%
Eligible in-transit inventory threshold	$ 10,000,000
Interest rate, description	the applicable margin for base rate loans (as shown below) plus the highest of (a) the Federal funds rate, as in effect from time to time, plus one-half of one percent (0.50%), (b) the LIBO rate, plus one percentage point (1.00%), or (c) the rate of interest in effect for such day as announced from time to time within Wells Fargo as its “prime rate.”
Commitment fee assessed	0.20%
Debt instrument, covenant description	Obligations under the Credit Facility are secured by a general lien and perfected security interest in substantially all of the Company’s assets. The Credit Agreement contains covenants that require the Company to maintain a fixed charge coverage ratio of not less than 1.0:1.0 in certain circumstances, and limit the ability
Events of default, description	The Credit Agreement contains customary events of default, including, without limitation, failure to pay when due principal amounts with respect to the Credit Facility, failure to pay any interest or other amounts under the Credit Facility for five days after becoming due, failure to comply with certain agreements or covenants contained in the Credit Agreement, failure to satisfy certain judgments against the Company, failure to pay when due (or any other default which does or may lead to the acceleration of) certain other material indebtedness in principal amount in excess of $5.0 million, and certain insolvency and bankruptcy events.
Line of Credit Facility default debt minimum amount	$ 5,000,000
Letter of credit commitments	$ 700,000	$ 500,000
Minimum [Member]
Debt Instrument [Line Items]
Fixed charge coverage ratio	100.00%
Federal Funds Rate [Member]
Debt Instrument [Line Items]
Applicable margin in addition to variable rate	0.50%
LIBO Rate [Member]
Debt Instrument [Line Items]
Applicable margin in addition to variable rate	1.00%
Permits to Reduce Aggregate Committed Availability [Member]
Debt Instrument [Line Items]
Revolving credit facility	$ 100,000,000
First Amendment to Credit Agreement [Member]
Debt Instrument [Line Items]
Credit agreement amendment date	Oct. 31, 2011
Second Amendment to Credit Agreement [Member]
Debt Instrument [Line Items]
Credit agreement amendment date	Dec. 19, 2013
Third Amendment to Credit Agreement [Member]
Debt Instrument [Line Items]
Credit agreement amendment date	Sep. 29, 2017
Revolving credit facility	$ 140,000,000
Wells Fargo Bank National Association [Member]
Debt Instrument [Line Items]
Remaining borrowing availability	$ 72,700,000	$ 74,500,000

Long-Term Debt - Average Daily

Long-Term Debt - Average Daily Excess Availability for Preceding Fiscal Quarter (Detail)	12 Months Ended
	Dec. 29, 2019
Level I [Member]
Line Of Credit Facility [Line Items]
Average Daily Availability	Greater than or equal to $70,000,000
LIBO Rate Applicable Margin	1.25%
Base Rate Applicable Margin	0.25%
Level II [Member]
Line Of Credit Facility [Line Items]
Average Daily Availability	Less than $70,000,000
LIBO Rate Applicable Margin	1.375%
Base Rate Applicable Margin	0.50%

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Revolving Credit Borrowings Outstanding Bearing Interest Either LIBO or Prime Lending Rates (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Debt Instrument [Line Items]
Total borrowings	$ 66,559	$ 65,000
Interest Rate	3.60%	4.00%
LIBO Rate [Member]
Debt Instrument [Line Items]
Total borrowings	$ 60,000	$ 65,000
Interest Rate	1.80%	2.50%
Prime Rate [Member]
Debt Instrument [Line Items]
Total borrowings	$ 6,559
Interest Rate	4.80%	5.50%
Average Interest Rate [Member]
Debt Instrument [Line Items]
Interest Rate	3.80%	3.40%

Income Taxes - Summary of Total

Income Taxes - Summary of Total Income Tax (Benefit) Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Income Tax Disclosure [Abstract]
Current, Federal	$ 1,746	$ (371)
Current, State	546	(122)
Current, Total	2,292	(493)
Deferred, Federal	541	(867)
Deferred, State	505	290
Deferred, Total	1,046	(577)
Total, Federal	2,287	(1,238)
Total, State	1,051	168
Total income tax expense (benefit)	$ 3,338	$ (1,070)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Income Tax Contingency [Line Items]
Federal statutory tax rate	21.00%
Valuation allowance	$ 1,212,000	$ 1,212,000
Unrecognized tax benefits	$ 0	0
Unrecognized tax benefits, period	Over the next 12 months
Accrued interest or penalties	$ 0	0
Earliest Tax Year [Member] | Federal [Member]
Income Tax Contingency [Line Items]
Income tax returns in period	2016
Earliest Tax Year [Member] | State and Local [Member]
Income Tax Contingency [Line Items]
Income tax returns in period	2015
California Enterprise Zone Tax Credits [Member]
Income Tax Contingency [Line Items]
Provision for incomes taxes, excluding federal income tax benefit		300,000
Valuation allowance	$ 1,200,000	$ 1,200,000
Tax credits carry forward latest expiration year	2024

Income Taxes - Schedule of Fede

Income Taxes - Schedule of Federal Statutory Tax Rate Reconciliation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Income Tax Disclosure [Abstract]
Tax expense (benefit) at statutory rate	$ 2,474	$ (966)
Tax credits	(323)	(333)
Change in valuation allowance		265
State tax expense (benefit), net of federal tax effect	626	(249)
Write-offs related to nonvested share awards	393	227
Change in apportionment and other rate adjustments	104	(196)
Nondeductible expenses	102	141
Other	(38)	41
Total income tax expense (benefit)	$ 3,338	$ (1,070)

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 29, 2019	Dec. 30, 2018
Deferred tax assets:
Deferred rent	$ 4,322	$ 4,695
Employee benefit-related liabilities	2,621	2,717
Insurance liabilities	2,495	2,673
Merchandise inventory	1,624	1,933
Basis difference in fixed assets	1,495	252
California Enterprise Zone Tax Credits	1,395	1,456
Gift card liability	1,125	1,009
Share-based compensation	797	930
Allowance for sales returns	350	323
Deferred lease revenue	280	542
Asset retirement obligation asset accrual	173	191
Other deferred tax assets	248	963
Gross deferred tax assets	16,925	17,684
Less: Valuation allowance	(1,212)	(1,212)
Deferred tax assets, net of valuation allowance	15,713	16,472
Deferred tax liabilities:
Federal liability on state deferred tax assets	(1,063)	(1,162)
Prepaid expense	(759)	(502)
SaaS implementation costs	(272)	(229)
Other deferred tax liabilities		(36)
Deferred tax liabilities	(2,094)	(1,929)
Net deferred tax assets	$ 13,619	$ 14,543

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Earnings Per Share Basic [Line Items]
Net income (loss)	$ 8,445	$ (3,531)
Weighted-average shares of common stock outstanding:
Basic	21,103	20,977
Dilutive effect of common stock equivalents arising from share option, nonvested share and nonvested share unit awards	46
Diluted	21,149	20,977
Basic earnings (loss) per share	$ 0.40	$ (0.17)
Diluted earnings (loss) per share	$ 0.40	$ (0.17)
Share Option Awards [Member]
Weighted-average shares of common stock outstanding:
Antidilutive shares/unit awards excluded from diluted calculation	499	290
Nonvested Share Awards and Nonvested Share Unit Awards [Member]
Weighted-average shares of common stock outstanding:
Antidilutive shares/unit awards excluded from diluted calculation	457	403

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Defined Contribution Pension And Other Postretirement Plans Disclosure [Abstract]
Employer matching and profit-sharing contributions	$ 2.2	$ 1.5

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - Co-founder [Member] - USD ($)	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Related Party Transaction [Line Items]
Annual base salary under agreement to be paid to related party	$ 350,000
Salary base amount under agreement paid to related party	350,000	$ 350,000
Expense recognized to provide future obligations under agreement	300,000	300,000
Liability of future obligations	$ 1,000,000	$ 1,100,000

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Additional Information (Detail)	1 Months Ended		12 Months Ended
	Apr. 30, 2019shares	Jan. 31, 2019shares	Dec. 29, 2019USD ($)$ / sharesshares	Dec. 30, 2018USD ($)Member$ / sharesshares	Apr. 11, 2019shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares outstanding			523,150	362,310
Compensation expense | $			$ 1,900,000	$ 2,200,000
Recognized tax benefit relating to compensation expense | $			500,000	500,000
Net income (loss) reflects net of tax charge | $			$ 1,400,000	$ (1,700,000)
Basic and diluted income (loss) per share net of tax | $ / shares			$ 0.07	$ (0.08)
Granted, shares			263,800
Share option awards exercised			0
Proceeds from exercise of share option awards | $				$ 31,000
Shares withheld for tax requirements			59,094
Tax withholding payments for share-based compensation | $			$ 221,000	366,000
Common Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Closing stock price per share | $ / shares			$ 3.02
Tax withholding payments for share-based compensation | $			$ 1,000	1,000
Cost of sales [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense | $			100,000	100,000
Selling and administrative expense [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense | $			$ 1,800,000	$ 2,100,000
Share Option Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Maximum expiration period of share based payment awards granted			10 years
Granted, shares			263,800	254,900
Weighted-average grant-date fair value per share | $ / shares			$ 1.30	$ 1.24
Intrinsic value of share option awards exercised | $				$ 10,000
Proceeds from exercise of share option awards | $				31,000
Tax benefit realized for the expected tax deduction from share option award exercises | $				$ 2,000
Unrecognized compensation expense | $			$ 400,000
Weighted-average period of recognition			2 years 9 months 18 days
Share Option Awards [Member] | Share-based Compensation Award, Tranche One [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting rights (as percentage)			25.00%
Nonvested Share Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested shares outstanding			532,524	434,292
Weighted-average period of recognition			2 years 1 month 6 days
Fair value of nonvested share awards | $			$ 600,000	$ 1,000,000
Issuance of nonvested share awards, Shares			308,584	213,062
Weighted-average grant-date fair value per share, granted | $ / shares			$ 3.34	$ 6.99
Dividends accrued but not paid | $			$ 100,000
Unrecognized compensation expenses | $			$ 2,100,000
Nonvested Share Unit Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested shares outstanding			75,413	26,163
Weighted-average period of recognition			4 months 24 days
Shares vested included in dividend reinvestments			8,945
Fair value of nonvested share awards | $			$ 200,000	$ 300,000
Issuance of nonvested share awards, Shares			72,464	34,884
Weighted-average grant-date fair value per share, granted | $ / shares			$ 2.07	$ 8.60
Cumulative nonvested share unit awards			119,318
Cumulative dividend reinvestment awards			28,076
Unrecognized compensation expenses | $			$ 100,000
Nonvested Share Unit Awards [Member] | Board Members [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares vested included in dividend reinvestments		29,672
Number of persons terminated | Member				2
Performance Shares [Member] | Share-based Compensation Award, Tranche One [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting rights (as percentage)			25.00%
Performance Shares [Member] | Share-based Compensation Award, Tranche One [Member] | Non-Employee Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting rights (as percentage)			100.00%
2019 Equity Incentive Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate amount of shares authorized for issuance	3,848,803
Number of shares authorized increased	3,300,000
Shares available for issuance			3,580,247
Expiration date of plan	Apr. 11, 2029
Shares limited for every one share granted			250.00%
2019 Equity Incentive Plan [Member] | Share Option Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares outstanding			523,150
2019 Equity Incentive Plan [Member] | Nonvested Share Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested shares outstanding			532,524
2019 Equity Incentive Plan [Member] | Nonvested Share Unit Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Nonvested shares outstanding			75,413
2007 Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares available for issuance					548,803

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Summary of Share Option Awards (Detail)	12 Months Ended
	Dec. 29, 2019USD ($)$ / sharesshares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Shares, Outstanding at December 30, 2018 | shares	362,310
Shares, Granted | shares	263,800
Shares, Forfeited or Expired | shares	(102,960)
Shares, Outstanding at December 29, 2019 | shares	523,150
Shares, Exercisable at December 29, 2019 | shares	111,499
Shares, Vested and Expected to Vest at December 29, 2019 | shares	513,914
Weighted-Average Exercise Price, Outstanding at December 30, 2018 | $ / shares	$ 7.51
Weighted-Average Exercise Price, Granted | $ / shares	3.92
Weighted-Average Exercise Price, Forfeited or Expired | $ / shares	6.43
Weighted-Average Exercise Price, Outstanding at December 29, 2019 | $ / shares	5.91
Weighted-Average Exercise Price, Exercisable at December 29, 2019 | $ / shares	9.82
Weighted-Average Exercise Price, Vested and Expected to Vest at December 29, 2019 | $ / shares	$ 5.94
Weighted-Average Remaining Contractual Life (In Years), Outstanding at December 29, 2019	8 years 3 months
Weighted-Average Remaining Contractual Life (In Years), Exercisable at December 29, 2019	6 years 3 months 7 days
Weighted-Average Remaining Contractual Life (In Years), Vested and Expected to Vest at December 29, 2019	8 years 2 months 26 days
Aggregate Intrinsic Value, Outstanding at December 29, 2019 | $	$ 17,500
Aggregate Intrinsic Value, Vested and Expected to Vest at December 29, 2019 | $	$ 17,158

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Fair Value of Share Option Award Based on Weighted-Average Assumptions (Detail)	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Risk-free interest rate	2.50%	2.60%
Expected term	5 years 8 months 12 days	5 years 1 month 6 days
Expected volatility	53.00%	48.00%
Expected dividend yield	5.20%	9.50%

Share-Based Compensation Plan_5

Share-Based Compensation Plans - Summary of Nonvested Share Awards Activity (Detail) - $ / shares	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Nonvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested shares/share units, beginning balance	434,292
Granted, shares/share units	308,584	213,062
Vested, shares/share units	(171,172)
Forfeited, shares/share units	(39,180)
Nonvested shares/share units, ending balance	532,524	434,292
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant-Date Fair Value, Beginning Balance	$ 10.42
Weighted-Average Grant-Date Fair Value, Granted	3.34	$ 6.99
Weighted-Average Grant-Date Fair Value, Vested	11
Weighted-Average Grant-Date Fair Value, Forfeited	7.69
Weighted-Average Grant-Date Fair Value, Ending Balance	$ 6.33	$ 10.42
Nonvested Share Unit Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested shares/share units, beginning balance	26,163
Granted, shares/share units	72,464	34,884
Vested, shares/share units	(17,442)
Forfeited, shares/share units	(8,721)
Nonvested shares/share units, ending balance	75,413	26,163
Dividend reinvestments, shares/share units	11,894
Dividend reinvestments vested, shares/share units	(8,945)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant-Date Fair Value, Beginning Balance	$ 7.81
Weighted-Average Grant-Date Fair Value, Granted	2.07	$ 8.60
Weighted-Average Grant-Date Fair Value, Vested	8.60
Weighted-Average Grant-Date Fair Value, Forfeited	8.60
Weighted-Average Grant-Date Fair Value, Ending Balance	1.81	$ 7.81
Weighted-Average Grant-Date Fair Value, Dividend Reinvestments	2.53
Weighted-Average Grant-Date Fair Value, Dividend Reinvestments Vested	$ 2.54

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) - Scenario Forecast [Member]	3 Months Ended
	Mar. 31, 2020$ / shares
Subsequent Event [Line Items]
Dividend per share	$ 0.05
Dividend declared per share, payable date	Mar. 20, 2020
Dividend declared per share, record date	Mar. 6, 2020

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 29, 2019	Dec. 30, 2018
Allowance for doubtful receivables [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	$ 28	$ 79
Charged to Costs and Expenses	48	20
Deductions	(18)	(71)
Balance at End of Period	58	28
Allowance for sales returns [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	2,576	2,368
Charged to Costs and Expenses	126	208
Balance at End of Period	2,702	2,576
Allowance for sales returns [Member] | ASU No. 2014-09 [Member] | Before adoption of ASC 606 [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	2,576
Balance at End of Period		2,576
Inventory reserves [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	6,432	5,850
Charged to Costs and Expenses	5,019	5,102
Deductions	(4,655)	(4,520)
Balance at End of Period	$ 6,796	$ 6,432