Sprouts Farmers Market (SFM) 10-K23 Feb 172016 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Jan. 01, 2017	Feb. 22, 2017	Jul. 01, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jan. 1, 2017
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	SFM
Entity Registrant Name	SPROUTS FARMERS MARKET, INC.
Entity Central Index Key	1,575,515
Current Fiscal Year End Date	--01-01
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		136,471,877
Entity Public Float			$ 3,373,682,066

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Current assets:
Cash and cash equivalents	$ 12,465	$ 136,069
Accounts receivable, net	25,228	20,424
Inventories	204,464	165,434
Prepaid expenses and other current assets	21,869	23,288
Total current assets	264,026	345,215
Property and equipment, net of accumulated depreciation	604,660	494,067
Intangible assets, net of accumulated amortization	197,608	198,601
Goodwill	368,078	368,078
Other assets	5,521	19,003
Deferred income tax asset		1,400
Total assets	1,439,893	1,426,364
Current liabilities:
Accounts payable	157,550	134,480
Accrued salaries and benefits	32,859	30,717
Other accrued liabilities	56,376	50,253
Current portion of capital and financing lease obligations	12,370	14,972
Total current liabilities	259,155	230,422
Long-term capital and financing lease obligations	117,366	115,500
Long-term debt	255,000	160,000
Other long-term liabilities	116,200	97,450
Deferred income tax liability	19,263
Total liabilities	766,984	603,372
Commitments and contingencies (Note 19)
Stockholders’ equity:
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.001 par value; 200,000,000 shares authorized, 140,256,313 shares issued and outstanding, January 1, 2017; 152,577,884 shares issued and outstanding, January 3, 2016	140	153
Additional paid-in capital	597,269	577,393
Retained earnings	75,500	245,446
Total stockholders’ equity	672,909	822,992
Total liabilities and stockholders’ equity	$ 1,439,893	$ 1,426,364

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 01, 2017	Jan. 03, 2016
Statement Of Financial Position [Abstract]
Undesignated preferred stock, par value	$ 0.001	$ 0.001
Undesignated preferred stock, shares authorized	10,000,000	10,000,000
Undesignated preferred stock, shares issued	0	0
Undesignated preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	140,256,313	152,577,884
Common stock, shares outstanding	140,256,313	152,577,884

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Income Statement [Abstract]
Net sales	$ 4,046,385,000	$ 3,593,031,000	$ 2,967,424,000
Cost of sales, buying and occupancy	2,864,379,000	2,541,403,000	2,082,221,000
Gross profit	1,182,006,000	1,051,628,000	885,203,000
Direct store expenses	828,943,000	706,044,000	581,621,000
Selling, general and administrative expenses	126,929,000	106,412,000	95,397,000
Store pre-opening costs	12,974,000	8,616,000	7,749,000
Store closure and exit costs	228,000	1,802,000	725,000
Income from operations	212,932,000	228,754,000	199,711,000
Interest expense	(14,794,000)	(17,723,000)	(25,063,000)
Other income	454,000	443,000	596,000
Loss on extinguishment of debt	0	(5,481,000)	(1,138,000)
Income before income taxes	198,592,000	205,993,000	174,106,000
Income tax provision	(74,286,000)	(77,002,000)	(66,414,000)
Net income	$ 124,306,000	$ 128,991,000	$ 107,692,000
Net income per share:
Basic	$ 0.84	$ 0.84	$ 0.72
Diluted	$ 0.83	$ 0.83	$ 0.70
Weighted average shares outstanding:
Basic	147,311	153,099	149,751
Diluted	149,653	155,877	154,328

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]
Beginning Balance at Dec. 29, 2013	$ 513,771	$ 147	$ 479,127	$ 34,497
Beginning Balance, Shares at Dec. 29, 2013		147,616,560
Net income	107,692			107,692
Issuance of shares under stock plans	$ 11,312	$ 5	11,307
Issuance of shares under stock plans, Shares	4,216,774	4,216,774
Excess tax benefit for exercise of options	$ 47,261		47,261
Tax effect of forfeiture of vested options in equity	(2)		(2)
Equity-based compensation	5,355		5,355
Ending Balance at Dec. 28, 2014	685,389	$ 152	543,048	142,189
Ending Balance, Shares at Dec. 28, 2014		151,833,334
Net income	128,991			128,991
Issuance of shares under stock plans	$ 6,320	$ 2	6,318
Issuance of shares under stock plans, Shares	1,773,518	1,812,829
Repurchase and retirement of common stock	$ (25,735)	$ (1)		(25,734)
Repurchase and retirement of common stock, Shares	(1,068,279)	(1,068,279)
Excess tax benefit for exercise of options	$ 20,009		20,009
Equity-based compensation	8,018		8,018
Ending Balance at Jan. 03, 2016	822,992	$ 153	577,393	245,446
Ending Balance, Shares at Jan. 03, 2016		152,577,884
Net income	124,306			124,306
Issuance of shares under stock plans	$ 2,740		2,740
Issuance of shares under stock plans, Shares	565,568	666,841
Repurchase and retirement of common stock	$ (294,265)	$ (13)		(294,252)
Repurchase and retirement of common stock, Shares	(13,242,483)	(13,242,483)
Excess tax benefit for exercise of options	$ 3,737		3,737
Equity-based compensation	13,399		13,399
Ending Balance at Jan. 01, 2017	$ 672,909	$ 140	$ 597,269	$ 75,500
Ending Balance, Shares at Jan. 01, 2017		140,002,242

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Cash flows from operating activities
Net income	$ 124,306,000	$ 128,991,000	$ 107,692,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	80,414,000	69,169,000	60,362,000
Accretion of asset retirement obligation and closed store reserve	309,000	344,000	844,000
Amortization of financing fees and debt issuance costs	463,000	742,000	1,494,000
Loss on disposal of property and equipment	439,000	1,512,000	1,087,000
Gain on sale of intangible assets			(100,000)
Equity-based compensation	13,399,000	8,018,000	5,355,000
Loss on extinguishment of debt	0	5,481,000	1,138,000
Deferred income taxes	20,663,000	15,581,000	16,432,000
Changes in operating assets and liabilities:
Accounts receivable	(4,803,000)	(5,622,000)	(4,424,000)
Inventories	(39,030,000)	(22,641,000)	(24,537,000)
Prepaid expenses and other current assets	1,419,000	(12,042,000)	(3,127,000)
Other assets	13,018,000	(481,000)	(5,157,000)
Accounts payable	16,015,000	19,387,000	(4,721,000)
Accrued salaries and benefits	2,142,000	1,030,000	7,400,000
Other accrued liabilities	6,103,000	7,395,000	8,426,000
Other long-term liabilities	19,494,000	23,034,000	13,054,000
Cash flows from operating activities	254,351,000	239,898,000	181,218,000
Cash flows from investing activities
Purchases of property and equipment	(181,018,000)	(125,313,000)	(127,065,000)
Proceeds from sale of property and equipment	706,000	2,708,000	294,000
Proceeds from sale of intangible assets			100,000
Purchase of leasehold interests	(491,000)	(5,707,000)
Cash flows used in investing activities	(180,803,000)	(128,312,000)	(126,671,000)
Cash flows from financing activities
Proceeds from revolving credit facility	105,000,000	260,000,000
Payments on revolving credit facility	(10,000,000)	(100,000,000)
Payments on term loan		(261,250,000)	(57,000,000)
Payments on capital lease obligations	(714,000)	(662,000)	(585,000)
Payments on financing lease obligations	(3,650,000)	(3,480,000)	(3,006,000)
Payments of deferred financing costs		(1,896,000)
Cash from landlord related to financing lease obligations		419,000	577,000
Excess tax benefit for exercise of stock options	3,737,000	20,009,000	47,261,000
Proceeds from exercise of stock options	2,740,000	6,565,000	11,067,000
Repurchase of common stock	(294,265,000)	(25,735,000)
Cash flows used in financing activities	(197,152,000)	(106,030,000)	(1,686,000)
(Decrease) / Increase in cash and cash equivalents	(123,604,000)	5,556,000	52,861,000
Cash and cash equivalents at beginning of the period	136,069,000	130,513,000	77,652,000
Cash and cash equivalents at the end of the period	12,465,000	136,069,000	130,513,000
Supplemental disclosure of cash flow information
Cash paid for interest	14,537,000	17,455,000	23,768,000
Cash paid for income taxes	46,083,000	40,656,000	8,250,000
Supplemental disclosure of non-cash investing and financing activities
Property and equipment in accounts payable	23,228,000	16,196,000	13,993,000
Property acquired through capital and financing lease obligations	$ 4,332,000	$ 10,125,000	$ 34,140,000

Organization and Description of

Organization and Description of Business	12 Months Ended
Organization and Description of Business	Jan. 01, 2017
Accounting Policies [Abstract]
Organization and Description of Business	1. Organization and Description of Business Sprouts Farmers Market, Inc., a Delaware corporation, through its subsidiaries, operates as a healthy grocery store that offers fresh, natural and organic food through a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, beer and wine, natural body care and household items catering to consumers’ growing interest in health and wellness. As of January 1, 2017, the Company operated 253 stores in 13 states. For convenience, the “Company” is used to refer collectively to Sprouts Farmers Market, Inc. and, unless the context requires otherwise, its subsidiaries. The Company’s store operations are conducted by its subsidiaries.

Basis of Presentation

Basis of Presentation	12 Months Ended
Basis of Presentation	Jan. 01, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	2. Basis of Presentation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries in accordance with accounting principles generally accepted in the United States of America (“GAAP”). All material intercompany accounts and transactions have been eliminated in consolidation. The Company has one reportable and one operating segment, healthy grocery stores. The Company categorizes its products as perishable and non-perishable. Perishable product categories include produce, meat and seafood, deli and baked goods. Non-perishable product categories include packaged groceries, vitamins and supplements, bulk foods, dairy products, frozen foods, beer and wine, and natural body care and household items. The following is a breakdown of the Company’s perishable and non-perishable sales mix: 2016 2015 2014 Perishables 50.4 % 50.8 % 50.8 % Non-Perishables 49.6 % 49.2 % 49.2 % All dollar amounts are in thousands, unless otherwise indicated.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Jan. 01, 2017
Accounting Policies [Abstract]
Significant Accounting Policies	3. Significant Accounting Policies Fiscal Years The Company reports its results of operations on a 52- or 53-week fiscal calendar ending on the Sunday closest to December 31. Fiscal year 2016 ended on January 1, 2017 and included 52-weeks. Fiscal year 2015 ended on January 3, 2016 and included 53-weeks, while fiscal year 2014 ended on December 28, 2014 and included 52-weeks. Fiscal years 2016, 2015, and 2014 are referred to as 2016, 2015, and 2014. Significant Accounting Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. Such estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s critical accounting estimates include, but are not limited to: inventory valuations, lease assumptions, sublease assumptions for closed stores, self-insurance reserves, goodwill and intangible assets, impairment of long-lived assets, fair values of equity-based awards and income taxes. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid instruments with an original maturity of three months or less to be cash equivalents. The Company’s cash and cash equivalents are maintained at financial institutions in the United States of America. All credit and debit card transactions are also classified as cash and cash equivalents. The amounts due from banks for these transactions at each reporting date were as follows: As Of January 1, 2017 January 3, 2016 Due from banks for debit and credit card transactions $ 43,015 $ 51,309 Accounts Receivable Accounts receivable generally represent billings to vendors for earned rebates, advertising and other items and landlords for tenant allowances. When a specific account is determined uncollectible, the net recognized receivable is written off. Inventories Inventories consist of merchandise purchased for resale, which are stated at the lower of cost or market. The cost method is used for warehouse and store perishable department inventories by assigning costs to each of these items based on a first-in, first-out (FIFO) basis (net of vendor discounts). The Company’s non-perishable inventory is valued at the lower of cost or market using weighted averaging, the use of which approximates the FIFO method. The Company believes that all inventories are saleable and no allowances or reserves for obsolescence were recorded as of January 1, 2017 and January 3, 2016. Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization. Expenditures for major additions and improvements to facilities are capitalized, while maintenance and repairs are charged to expense as incurred. When property is retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in the consolidated statements of operations. Depreciation expense, which includes the amortization of assets recorded under capital and financing leases, is computed using the straight-line method over the estimated useful lives of the individual assets. Leasehold improvements and assets under capital and financing leases are amortized over the shorter of the lease term to which they relate, or the estimated useful life of the asset. Terms of leases used in the determination of estimated useful lives may include renewal options if the exercise of the renewal option is determined to be reasonably assured. The following table includes the estimated useful lives of certain of our asset classes: Software 3 years Computer hardware 5 years Furniture, fixtures and equipment 7 years Leasehold improvements up Buildings 40 years Store development costs, which include costs associated with the selection and procurement of real estate sites, are also included in property and equipment. These costs are included in leasehold improvements and are amortized over the remaining lease term of the successful sites with which they are associated. Asset Retirement Obligations The Company’s asset retirement obligations (“ARO”) are related to the Company’s commitment to return leased facilities to the landlord in an agreed-upon condition. This may require actions ranging from cleaning to removal of leasehold improvements. The obligation is recorded as a liability with an offsetting capital asset at the inception of the lease term based upon the estimated fair market value of costs to meet the commitment. The liability, included in other long-term liabilities in the consolidated balance sheets, is accreted over time to the projected future value of the obligation. The ARO asset, included in property and equipment in the consolidated balance sheets, is depreciated using the same useful life as the related property. A reconciliation of the ARO liability is as follows: As Of January 1, 2017 January 3, 2016 Beginning balance $ 3,214 $ 2,952 Additions for new facilities 233 245 Accretion expense 201 169 Adjustments (21 ) (152 ) Ending balance $ 3,627 $ 3,214 Closed Store Reserve The Company recognizes a reserve for future operating lease payments and other occupancy costs associated with facilities that are no longer being utilized in its current operations. The reserve is recorded based on the present value of the remaining noncancelable lease payments and estimates of other occupancy costs after the cease use date, less an estimate of subtenant income. If subtenant income is expected to be higher than the lease payments, no accrual is recorded. Lease payments and other occupancy costs included in the closed store reserve are expected to be paid over the remaining terms of the respective leases. Adjustments to the closed store reserve relate primarily to changes in actual or estimated subtenant income and actual lease payments and other occupancy costs from original estimates. Adjustments are made for changes in estimates in the period in which the change becomes known considering timing of new information regarding the market, subleases or other lease updates. Adjustments in the closed store reserves are recorded in “store closure and exit costs” in the accompanying consolidated statements of operations. Self-Insurance Reserves The Company uses a combination of insurance and self-insurance programs to provide reserves for potential liabilities associated with general liability, workers’ compensation and team member health benefits. Liabilities for self-insurance reserves are estimated through consideration of various factors, which include historical claims experience, demographic factors, severity factors and other actuarial assumptions. Amounts expected to be recovered from insurance companies is included in the liability, with a corresponding amount recorded in accounts receivable. Goodwill and Intangible Assets Goodwill represents the cost of acquired businesses in excess of the fair value of assets and liabilities acquired. The Company’s indefinite-lived intangible assets consist of trade names related to “Sprouts Farmers Market” and liquor licenses. The Company also holds intangible assets with finite useful lives, consisting of favorable and unfavorable leasehold interests and the “Sunflower Farmers Market” trade name. Goodwill is evaluated for impairment on an annual basis on the first day of the fourth fiscal quarter or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company’s impairment evaluation of goodwill consists of a qualitative assessment to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company’s qualitative assessment indicates it is more likely than not that the estimated fair value of a reporting unit exceeds its carrying value, no further analysis is required and goodwill is not impaired. Otherwise, the Company follows a two-step quantitative goodwill impairment test to determine if goodwill is impaired. The first step of the quantitative goodwill impairment test compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of the Company’s reporting unit exceeds its carrying value, no further analysis or impairment of goodwill is required. If the carrying value of the Company’s reporting unit exceeds its fair value, the fair value of the reporting unit would be allocated to the reporting unit’s assets and liabilities based on the relative fair value, with goodwill written down to its implied fair value, if necessary. Indefinite-lived assets are evaluated for impairment on an annual basis on the first day of the fourth fiscal quarter or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company’s impairment evaluation for its indefinite-lived intangible assets consists of a qualitative assessment similar to that for goodwill. If the Company’s qualitative assessment indicates it is more likely than not that the estimated fair value of an indefinite-lived intangible asset exceeds its carrying value, no further analysis is required and the asset is not impaired. Otherwise, the Company compares the estimated fair value of the asset to its carrying amount with an impairment loss recognized for the amount, if any, by which carrying value exceeds estimated fair value. The Company can elect to bypass the qualitative assessments approach for goodwill and indefinite-lived intangible assets and proceed directly to the quantitative assessments for goodwill or any indefinite-lived intangible assets in any period. The Company has determined its business consists of a single reporting unit, healthy grocery stores. When applying the quantitative test, the Company determines the fair value of its reporting unit using the income approach methodology of valuation that includes the discounted cash flow method as well as other generally accepted valuation methodologies. The Company completed its goodwill and indefinite-lived intangible asset impairment evaluations as of the first day of the fourth quarter and concluded during 2016, 2015 and 2014 there was no impairment. The Company also concluded that events and circumstances continued to support classifying its indefinite-lived intangible assets as such. See Note 7, “Intangible Assets” and Note 8, “Goodwill” for further discussion. The trade name related to “Sunflower Farmers Market” meets the definition of a defensive intangible asset and is amortized on a straight line basis over an estimated useful life of 10 years from the date of its acquisition by the Company. Favorable and unfavorable leasehold interests are amortized on a straight-line basis over the lease term. Impairment of Long-Lived Assets The Company assesses its long-lived assets, including property and equipment and finite-lived intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. The Company groups and evaluates long-lived assets for impairment at the individual store level, which is the lowest level at which independent identifiable cash flows are available. Factors which may indicate potential impairment include a significant underperformance relative to the historical or projected future operating results of the store or a significant negative industry or economic trend. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by that asset. If impairment is indicated, a loss is recognized for any excess of the carrying value over the estimated fair value of the asset group. The fair value is estimated based on the discounted future cash flows or comparable market values, if available. The Company did not record any impairment loss during 2016, 2015 and 2014. Deferred Financing Costs The Company capitalizes certain fees and costs incurred in connection with the issuance of debt. Deferred financing costs are amortized to interest expense over the term of the debt using the effective interest method. For the Credit Facility and Former Credit Facility (as defined in Note 12, “Long-Term Debt”), deferred financing costs are amortized on a straight line basis over the term of the facility. Upon prepayment, redemption or conversion of debt, the Company accelerates the recognition of an appropriate amount of financing costs as loss on extinguishment of debt. The current and noncurrent portions of deferred financing costs are included in prepaid expenses and other current assets and other assets, respectively, in the accompanying consolidated balance sheets. Operating Leases The Company leases certain stores, warehouse facilities and administrative offices under operating leases. Incentives received from lessors are deferred and recorded as a reduction of rental expense over the lease term using the straight-line method. The current portion of unamortized lease incentives is included in other accrued liabilities and the noncurrent portion is included in other long-term liabilities in the accompanying consolidated balance sheets. Store lease agreements generally include rent abatements and rent escalation provisions and may include contingent rent provisions based on a percentage of sales in excess of specified levels. The Company recognizes escalations of minimum rents and/or abatements as deferred rent and amortizes these balances on a straight-line basis over the term of the lease. For lease agreements that require the payment of contingent rents based on a percentage of sales above stipulated minimums, the Company begins accruing an estimate for contingent rent when it is determined that it is probable the specified levels of sales in excess of the stipulated minimums will be reached during the year. The Company expensed $1.8 million, $1.8 million and $1.6 million for the years ended January 1, 2017, January 3, 2016 and December 28, 2014, respectively, for contingent rent. Financing Lease Obligations The Company has recorded financing lease obligations for 43 and 38 store building leases at January 1, 2017 and January 3, 2016, respectively. In each case, the Company was deemed to be the owner during the construction period under lease accounting guidance. Further, each lease contains provisions indicating continuing involvement with the property at the end of the construction period, which include either an affiliate guaranty or contingent collateral. As a result, in accordance with applicable accounting guidance, buildings and related assets subject to the leases are reflected on the Company’s balance sheets and depreciated over their remaining useful lives. The present value of the lease payments associated with these buildings is recorded as financing lease obligations. At January 1, 2017, the Company also recorded current financing lease obligations and related construction in progress for two stores under the lease accounting guidance noted above. The Company, however, expects that there will be no continuing involvement provisions in effect at the end of the construction period and therefore will be able to remove the asset and the corresponding financing lease obligations at the end of the construction periods for the stores during 2017. Monthly lease payments are allocated between the land element of the lease (which is accounted for as an operating lease) and the financing obligation. The financing obligation is amortized using the effective interest method and the interest rate is determined in accordance with the requirements of sale-leaseback accounting. Lease payments less the portion allocated to the land element of the lease and that portion considered to be interest expense decrease the financing liability. At the end of the initial lease term, should the Company decide not to renew the lease, the net book value of the asset and the corresponding financing obligation would be reversed. The outflows from the construction of the buildings are classified as investing activities, and the outflows associated with the financing obligations principal payments and inflows from the associated financing proceeds are classified as financing activities in the accompanying consolidated statements of cash flows. Fair Value Measurements The Company records its financial assets and liabilities in accordance with the framework for measuring fair value in accordance with GAAP. This framework establishes a fair value hierarchy that prioritizes the inputs used to measure fair value: Level 1: Quoted prices for identical instruments in active markets. Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. Fair value measurements of nonfinancial assets and nonfinancial liabilities are primarily used in the impairment analysis of goodwill, intangible assets, and long-lived assets and in the valuation of store closure and exit costs. The determination of fair values of certain tangible and intangible assets for purposes of our goodwill impairment evaluation as described above is based upon Level 3 inputs. Closed store reserves are recorded at net present value to approximate fair value which is classified as Level 3 in the hierarchy. The estimated fair value of the closed store reserve is calculated based on the present value of the remaining lease payments and other charges using a weighted average cost of capital, reduced by estimated sublease rentals. The weighted average cost of capital is estimated using information from comparable companies and management’s judgment related to the risk associated with the operations of the stores. Cash and cash equivalents, accounts receivable, prepaid expenses and other current assets, accounts payable, accrued salaries and benefits and other accrued liabilities approximate fair value because of the short maturity of those instruments. Based on comparable open market transactions, the fair value of the long-term debt approximated carrying value as of January 1, 2017 and January 3, 2016. The Company’s estimates of the fair value of long-term debt (including current maturities) were classified as Level 2 in the fair value hierarchy. Equity-Based Compensation The Company measures equity-based compensation cost at the grant date based on the fair value of the award and recognizes equity-based compensation cost as expense over the vesting period. As equity-based compensation expense recognized in the consolidated statements of operations is based on awards ultimately expected to vest, the amount of expense has been reduced for estimated forfeitures and trued up for actual forfeitures. The Company’s forfeiture rate is estimated based on an analysis of our actual forfeitures of grants made under our 2011 Option Plan and 2013 Incentive Plan (each as defined in Note 22, “Equity-Based Compensation”). The actual forfeiture rate could differ from these estimates. The Company uses the Black-Scholes option-pricing model to determine the grant date fair value for each option grant. The Black-Scholes option-pricing model requires extensive use of subjective assumptions. See Note 22, “Equity-Based Compensation” for a discussion of assumptions used in the calculation of fair values. Application of alternative assumptions could produce different estimates of the fair value of equity-based compensation and, consequently, the related amounts recognized in the accompanying consolidated statements of operations. The grant date fair value of restricted stock units (“RSUs”), performance share awards (“PSAs”), and restricted stock awards (“RSAs”) is based on the closing price per share of the Company’s stock on the grant date. The Company recognizes compensation expense for time-based awards on a straight-line basis and for performance-based awards on the graded-vesting method over the vesting period of the awards. Revenue Recognition Revenue is recognized at the point of sale. Discounts provided to customers at the time of sale are recognized as a reduction in sales as the discounted products are sold. Sales taxes are not included in revenue. Proceeds from the sale of gift cards are recorded as a liability at the time of sale, and recognized as sales when they are redeemed by the customer. During 2015, the Company obtained sufficient historical redemption data for its gift card program to make a reasonable estimate of the ultimate redemption patterns and breakage rate. Cost of Sales, Buying and Occupancy Cost of sales, buying and occupancy includes the cost of inventory sold during the period, including the direct costs of purchased merchandise (net of discounts and allowances), distribution and supply chain costs, buying costs and supplies. Occupancy costs include store rental, property taxes, utilities, common area maintenance, amortization of favorable or unfavorable leasehold interests and property insurance. The Company recognizes vendor allowances and merchandise volume related rebate allowances as a reduction of inventories during the period when earned and reflects the allowances as a component of cost of sales, buying and occupancy as the inventory is sold. Our largest supplier accounted for approximately 33%, 31% and 31% of total purchases during 2016, 2015, and 2014, respectively. Direct Store Expenses Direct store expenses consist of store-level expenses such as salaries and benefits, related equity-based compensation, supplies, depreciation and amortization for buildings and store leasehold improvements, equipment and other store specific costs. Selling, General and Administrative Expenses Selling, general and administrative expenses primarily consist of salaries and benefits costs, related equity-based compensation, advertising, acquisition-related costs and corporate overhead. The Company charges third-parties to place advertisements in the Company’s in-store guide and circulars. The Company records rebates received from vendors in connection with cooperative advertising programs as a reduction to advertising costs when the allowance represents a reimbursement of a specific incremental and identifiable cost. Advertising costs are expensed as incurred. Advertising expense, net of rebates, was $37.0 million, $32.0 million and $26.1 million for 2016, 2015 and 2014, respectively. Store Pre-Opening Costs Store pre-opening costs include rent expense during construction of new stores and costs related to new store openings, including costs associated with hiring and training personnel and other miscellaneous costs. Store pre-opening costs are expensed as incurred. Loss on Extinguishment of Debt The Company recognizes loss on extinguishment of debt when debt is refinanced and the new debt is either with a new lender or lenders and/or the cash flows associated with the refinanced debt and the original debt differ by greater than 10 percent. The loss on extinguishment of debt represents the amounts of deferred financing costs and/or issue discount associated with the extinguished portion of the debt. No loss on extinguishment of debt was recorded during 2016. In 2015, the Company recorded a loss on extinguishment of debt totaling $5.5 million related to the April 2015 Refinancing as defined in Note 12. In 2014, the Company made a voluntary principal payment of $50.0 million and wrote-off $1.1 million of deferred financing costs and original issue discount related to that portion of the term loan component of its Former Credit Facility, as defined in Note 12. Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company’s deferred tax assets are subject to periodic recoverability assessments. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount that more likely than not will be realized. Realization of the deferred tax assets is principally dependent upon achievement of projected future taxable income offset by deferred tax liabilities. Changes in recognition or measurement are reflected in the period in which the judgment occurs. The Company recognizes the effect of uncertain income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest and penalties related to unrecognized tax benefits as part of income tax expense. Share Repurchases The Company has elected to retire shares repurchased to date. Shares retired become part of the pool of authorized but unissued shares. The Company has elected to record purchase price of the retired shares in excess of par value directly as a reduction of retained earnings. Net Income per Share Basic net income per share is calculated by dividing net income by the weighted average number of shares outstanding during the fiscal period. Diluted net income per share is based on the weighted average number of shares outstanding, plus, where applicable, shares that would have been outstanding related to dilutive options, PSAs and RSUs. Comprehensive Income Comprehensive income equals net income for all periods presented. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” ASU No. 2014-09 provides guidance for revenue recognition. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract, and estimating the amount of variable consideration to include in the transaction price attributable to each separate performance obligation. Subsequent to the initial standards, the FASB has also issued several ASUs to clarify specific revenue recognition topics. This guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company is currently evaluating the potential impact of this guidance and does not expect this ASU to materially impact the Company’s consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” ASU No. 2014-15 requires management to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures in certain circumstances. This guidance was effective for the Company for its fiscal year 2016. Adoption of this guidance took place prospectively in 2016, and the adoption did not have a material effect on the Company’s consolidated financial statements or disclosures. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs.” ASU No. 2015-03 requires an entity to present debt issuance costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. This guidance was effective for the Company for its fiscal year 2016. The new guidance has been applied retrospectively to each prior period presented, and the adoption did not have a material effect on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Customer's Accounting for Fees Paid in a Cloud Computing Arrangement.” ASU No. 2015-05 provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If the arrangement does not include a software license, the customer should account for a cloud computing arrangement as a service contract. This guidance was effective for the Company for its fiscal year 2016. The Company adopted this ASU prospectively, and the adoption did not have a material effect on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, “Simplifying the Measurement of Inventory.” ASU No. 2015-11 changes the measurement In July 2015, the FASB issued ASU No. 2015-15, “Interest – Imputation of Interest: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements (Subtopic 835-30).” ASU No. 2015-15 provides additional guidance on the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. Early adoption is permitted. This guidance was effective for the Company for its fiscal year 2016. Adoption of this guidance took place prospectively in 2016, and the adoption did not have a material effect on the Company’s consolidated financial statements. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations: Simplifying the Accounting For Measurement Period Adjustments.” ASU No. 2015-16 requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. This guidance was effective for the Company for its fiscal year 2016. The Company adopted this guidance prospectively in 2016, and the adoption did not have a material effect on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, “Leases (ASC 842).” ASU No. 2016-02 requires lessees to recognize a right-of-use asset and corresponding lease liability for all leases with terms greater than twelve months. Recognition, measurement and presentation of expenses will depend on classification as a finance or operating lease. The new guidance also requires certain additional quantitative and qualitative disclosures. This guidance will be effective for the Company for its fiscal year 2019, with early adoption permitted. The adoption of this ASU is expected to result in a material increase to the Company’s consolidated balance sheets for right-of-use assets and lease liabilities. The Company is currently evaluating the potential impact of this guidance. In March 2016, the FASB issued ASU No. 2016-04, “Liabilities-Extinguishments of Liabilities (Subtopic 405-20): Recognition of breakage for certain prepaid stored-value products.” ASU No. 2016-04 provides a narrow scope exception to the guidance in Subtopic 405-20 to require that stored-value breakage be accounted for consistently with the breakage guidance in Topic 606. The amendments in this update contain specific guidance for derecognition of prepaid stored-value product liabilities, thereby eliminating the current and potential future diversity. This guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company does not expect this ASU to materially impact the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, “Compensation – Stock Compensation (Topic 718).” This update involves several aspects of the accounting for share-based transactions, including the income tax conse

Accounts Receivable

Accounts Receivable	12 Months Ended
Accounts Receivable	Jan. 01, 2017
Receivables [Abstract]
Accounts Receivable	4. Accounts Receivable A summary of accounts receivable is as follows: As Of January 1, 2017 January 3, 2016 Vendor $ 14,107 $ 11,649 Landlord receivable 2,583 4,143 Insurance receivable 3,535 770 Other 5,003 3,862 Total $ 25,228 $ 20,424 The Company had recorded allowances for certain vendor receivables of $0.1 million at both January 1, 2017 and January 3, 2016.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	12 Months Ended
Prepaid Expenses and Other Current Assets	Jan. 01, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	5. Prepaid Expenses and Other Current Assets A summary of prepaid expenses and other current assets is as follows: As Of January 1, 2017 January 3, 2016 Prepaid expenses $ 19,259 $ 16,974 Income tax receivable 2,148 5,852 Other current assets 462 462 Total $ 21,869 $ 23,288

Property and Equipment

Property and Equipment	12 Months Ended
Property and Equipment	Jan. 01, 2017
Property Plant And Equipment [Abstract]
Property and Equipment	6. Property and Equipment A summary of property and equipment, net is as follows: As Of January 1, 2017 January 3, 2016 Buildings $ 130,821 $ 115,925 Furniture, fixtures and equipment 400,724 317,015 Leasehold improvements 321,730 260,039 Construction in progress 49,263 38,627 Total property and equipment 902,538 731,606 Accumulated depreciation and amortization (297,878 ) (237,539 ) Property and equipment, net $ 604,660 $ 494,067 A summary of leased property and equipment under capital and financing lease obligations is as follows: As Of January 1, 2017 January 3, 2016 Capital Leases—Buildings Gross asset balance $ 11,338 $ 11,338 Accumulated depreciation (3,133 ) (2,249 ) Net $ 8,205 $ 9,089 Financing Leases Gross asset balance 135,946 117,197 Accumulated depreciation (14,681 ) (11,819 ) Net $ 121,265 $ 105,378 Depreciation expense was $80.2 million, $69.1 million and $60.5 million for 2016, 2015 and 2014, respectively. Depreciation expense is primarily reflected in direct store expenses on the consolidated statements of operations.

Intangible Assets

Intangible Assets	12 Months Ended
Intangible Assets	Jan. 01, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets A summary of the activity and balances in intangible assets is as follows: Balance at December 28, 2014 Additions (1) Other Balance at January 3, 2016 Gross Intangible Assets Indefinite-lived trade names $ 182,937 $ — $ — $ 182,937 Indefinite-lived liquor licenses 2,023 — — 2,023 Finite-lived trade names 1,800 — — 1,800 Leasehold interests 12,574 5,726 — 18,300 Total intangible assets $ 199,334 $ 5,726 $ — $ 205,060 Accumulated Amortization Finite-lived trade names $ (465 ) $ (180 ) $ — $ (645 ) Leasehold interests (4,693 ) (1,121 ) — (5,814 ) Total accumulated amortization $ (5,158 ) $ (1,301 ) $ — $ (6,459 ) Balance at January 3, 2016 Additions (2) Other Balance at January 1, 2017 Gross Intangible Assets Indefinite-lived trade names $ 182,937 $ — $ — $ 182,937 Indefinite-lived liquor licenses 2,023 — — 2,023 Finite-lived trade names 1,800 — — 1,800 Leasehold interests 18,300 473 — 18,773 Total intangible assets $ 205,060 $ 473 $ — $ 205,533 Accumulated Amortization Finite-lived trade names $ (645 ) $ (180 ) $ — $ (825 ) Leasehold interests (5,814 ) (1,286 ) — (7,100 ) Total accumulated amortization $ (6,459 ) $ (1,466 ) $ — $ (7,925 ) (1) Additions during 2015 represent the amount paid for four leases acquired. (2) Additions during 2016 represent leasehold interests as a result of adjustments to the leases acquired in 2015 and a lease acquired in 2016. Amortization expense was $1.5 million, $1.3 million and $1.3 million for 2016, 2015 and 2014, respectively. Future amortization associated with the net carrying amount of finite-lived intangible assets is as follows: 2017 1,402 2018 1,402 2019 1,386 2020 1,375 2021 1,339 Thereafter 5,744 Total amortization $ 12,648 The remaining weighted-average amortization period of leasehold interests acquired total 10.8 years. The remaining amortization period of the finite-lived trade name is 5.4 years.

Goodwill

Goodwill	12 Months Ended
Goodwill	Jan. 01, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	8. Goodwill The balance of our goodwill was $368.1 million as of January 1, 2017, January 3, 2016 and December 28, 2014. As of January 1, 2017, January 3, 2016 and December 28, 2014, the Company had no accumulated goodwill impairment losses. The goodwill was related to the acquisition of Sunflower Farmers Market stores and Henry’s Farmers Market stores.

Other Assets

Other Assets	12 Months Ended
Other Assets	Jan. 01, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Other Assets	9. Other Assets A summary of other assets is as follows: As Of January 2017 January 3, 2016 Insurance deposits $ — $ 15,319 Other 5,521 3,684 Total $ 5,521 $ 19,003 As of January 1, 2017, the Company received a return of cash collateral deposits related to insurance policies. In place of the deposits, the Company has issued letters of credit.

Accrued Salaries and Benefits

Accrued Salaries and Benefits	12 Months Ended
Accrued Salaries and Benefits	Jan. 01, 2017
Payables And Accruals [Abstract]
Accrued Salaries and Benefits	10. Accrued Salaries and Benefits A summary of accrued salaries and benefits is as follows: As Of January 1, 2017 January 3, 2016 Accrued payroll $ 12,972 $ 10,988 Bonuses 8,168 9,728 Vacation 10,633 8,916 Other 1,086 1,085 Total $ 32,859 $ 30,717

Other Accrued Liabilities

Other Accrued Liabilities	12 Months Ended
Other Accrued Liabilities	Jan. 01, 2017
Payables And Accruals [Abstract]
Other Accrued Liabilities	11. Other Accrued Liabilities A summary of other accrued liabilities is as follows: As Of January 1, 2017 January 3, 2016 Workers’ compensation / general liability reserves $ 12,406 $ 11,295 Gift cards 12,264 10,616 Sales and use tax liabilities 8,752 7,038 Medical insurance claim reserves 6,754 6,064 Unamortized lease incentives 6,233 5,190 Accrued occupancy related (CAM, property taxes, etc.) 5,851 4,689 Other 4,116 5,361 Total $ 56,376 $ 50,253

Long-Term Debt

Long-Term Debt	12 Months Ended
Long-Term Debt	Jan. 01, 2017
Debt Disclosure [Abstract]
Long-Term Debt	12. Long-Term Debt A summary of long-term debt is as follows: As Of Facility Maturity Interest January 1, 2017 January 3, 2016 Senior secured debt $450.0 million Credit Facility April 17, 2020 Variable $ 255,000 $ 160,000 Total debt 255,000 160,000 Long-term debt $ 255,000 $ 160,000 Senior Secured Revolving Credit Facility April 2015 Refinancing On April 17, 2015, the Company’s subsidiary, Sprouts Farmers Markets Holdings, LLC (“Intermediate Holdings”), as borrower, entered into a credit agreement (the “Credit Agreement”) to replace the Former Credit Facility (as defined below). The Credit Agreement provides for a revolving credit facility with an initial aggregate commitment of $450.0 million (the “Credit Facility”), which may be increased from time to time pursuant to an expansion feature set forth in the Credit Agreement. Concurrently with the closing of the Credit Agreement, the Company borrowed $260.0 million to pay off its existing $257.8 million former term loan (the “April 2015 Refinancing”), to terminate all commitments under its existing senior secured credit facility, dated April 23, 2013 (the “Former Credit Facility”) and to pay transaction costs related to the April 2015 Refinancing. Such repayment resulted in a $5.5 million loss on extinguishment of debt due to the write-off of deferred financing costs and original issue discount. No amounts were outstanding under the $60.0 million secured revolving credit facility component of the Former Credit Facility on April 17, 2015. The remaining proceeds of loans made under the Credit Facility were used for general corporate purposes. The Company capitalized debt issuance costs of $2.3 million related to the Credit Facility, which are being amortized on a straight-line basis to interest expense over the five-year term of the Credit Facility. The Credit Agreement also provides for a letter of credit subfacility and a $15.0 million swingline facility. Letters of credit issued under the Credit Agreement reduce the borrowing capacity of the Credit Facility. Letters of credit totaling $24.8 million have been issued as of January 1, 2017, primarily to support the Company’s insurance programs. Guarantees Obligations under the Credit Facility are guaranteed by the Company and all of its current and future wholly-owned material domestic subsidiaries, and are secured by first-priority security interests in substantially all of the assets of the Company and its subsidiary guarantors, including, without limitation, a pledge by the Company of its equity interest in Intermediate Holdings. Interest and Fees Loans under the Credit Facility bear interest, at the Company’s option, either at adjusted LIBOR plus 1.25% per annum, or a base rate plus 0.25% per annum. The interest rate margins are subject to adjustment pursuant to a pricing grid based on the Company’s total gross leverage ratio, as defined in the Credit Agreement. Under the terms of the Credit Agreement, the Company is obligated to pay a commitment fee on the available unused amount of the Credit Facility commitments equal to 0.15% per annum. Outstanding letters of credit under the Credit Facility are subject to a participation fee of 1.25% per annum and an issuance fee of 0.125% per annum. Payments and Borrowings The Credit Facility is scheduled to mature, and the commitments thereunder will terminate on April 17, 2020, subject to extensions as set forth in the Credit Agreement. The Company may repay loans and reduce commitments under the Credit Agreement at any time in agreed-upon minimum principal amounts, without premium or penalty (except LIBOR breakage costs, if applicable). Following the closing of the Credit Facility and the initial borrowing of $260.0 million in 2015, the Company made a total of $100.0 million of principal payments on the Credit Facility. During 2016, the Company borrowed an additional $105.0 million to be used in connection with the Company’s $250.0 million share repurchase program (see Note 20) and made a total of $10.0 million of principal payments; resulting in total outstanding debt under the Credit Facility of $255.0 million at January 1, 2017. Covenants The Credit Agreement contains financial, affirmative and negative covenants. The negative covenants include, among other things, limitations on the Company’s ability to: • incur additional indebtedness; • grant additional liens; • enter into sale-leaseback transactions; • make loans or investments; • merge, consolidate or enter into acquisitions; • pay dividends or distributions; • enter into transactions with affiliates; • enter into new lines of business; • modify the terms of debt or other material agreements; and • change its fiscal year Each of these covenants is subject to customary and other agreed-upon exceptions. In addition, the Credit Agreement requires that the Company and its subsidiaries maintain a maximum total net leverage ratio not to exceed 3.00 to 1.00 and minimum interest coverage ratio not to be less than 1.75 to 1.00. Each of these covenants is tested on the last day of each fiscal quarter, starting with the fiscal quarter ended June 28, 2015. The Company was in compliance with all applicable covenants under the Credit Agreement as of January 1, 2017 and January 3, 2016.

Other Long-Term Liabilities

Other Long-Term Liabilities	12 Months Ended
Other Long-Term Liabilities	Jan. 01, 2017
Other Liabilities Disclosure [Abstract]
Other Long-Term Liabilities	13. Other Long-Term Liabilities A summary of other long-term liabilities is as follows: As Of January 1, 2017 January 3, 2016 Unamortized lease incentives $ 54,176 $ 47,005 Deferred rent 24,581 19,686 Workers’ compensation / general liability reserves 22,399 15,489 Unfavorable lease liability 8,954 10,178 ARO liability 3,627 3,214 Closed store reserves 767 1,123 Other 1,696 755 Total $ 116,200 $ 97,450 Unfavorable leasehold interests of $16.7 million were recognized in connection with previous business combinations in 2011 and 2012 and are being amortized on a straight-line basis over the term of the underlying leases.

Self-Insurance Programs

Self-Insurance Programs	12 Months Ended
Self-Insurance Programs	Jan. 01, 2017
Insurance [Abstract]
Self-Insurance Programs	14. Self-Insurance Programs General Liability and Workers’ Compensation The Company carries insurance policies for general liability and workers’ compensation to minimize the risk of loss due to accident, injury and commercial liability claims resulting from its operations, and to comply with certain legal and contractual requirements. The Company retains certain levels of exposure in its self-insurance programs and purchases coverage from third-party insurers for exposures in excess of those levels. In addition to expensing premiums and other costs relating to excess coverage, the Company establishes reserves for claims, both reported and incurred but not reported (“IBNR”). IBNR claims are estimated using historical claim information, demographic factors, severity factors and other actuarial assumptions. The Company had recorded a $5.8 million and a $0.8 million receivable from its insurance carrier for payments expected to be made in excess of self-insured retentions at January 1, 2017 and January 3, 2016, respectively. The Company expects to receive payment of $3.5 million of the 2016 receivable during 2017. See Note 11, “Other Accrued Liabilities,” and Note 13, “Other Long-Term Liabilities” for amounts recorded for general liability and workers’ compensation liabilities. Medical The Company is self-insured for medical claims up to certain stop-loss limits. Such costs are accrued based on known claims and an estimate of IBNR claims. IBNR claims are estimated using historical claim information, demographic factors, severity factors and other actuarial assumptions. The Company had recorded a $0.3 million and $0.6 million receivable from its medical insurance carrier for payments expected to be made in excess of stop-loss limits at January 1, 2017 and January 3, 2016, respectively. The Company expects to receive payment for the 2016 receivable during 2017.

Defined Contribution Plan

Defined Contribution Plan	12 Months Ended
Defined Contribution Plan	Jan. 01, 2017
Postemployment Benefits [Abstract]
Defined Contribution Plan	15. Defined Contribution Plan The Company maintains the Sprouts Farmers Market, Inc. Employee 401(k) Savings Plan (the “Plan”), which is a defined contribution plan covering all eligible team members. Under the provisions of the Plan, participants may direct the Company to defer a portion of their compensation to the Plan, subject to the Internal Revenue Code limitations. The Company provides for an employer matching contribution equal to 50% of each dollar contributed by the participants up to 6% of their eligible compensation. Total expense recorded for the matching under the Plan: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 $ 3,354 $ 2,656 $ 1,980

Closed Store Reserves

Closed Store Reserves	12 Months Ended
Closed Store Reserves	Jan. 01, 2017
Restructuring And Related Activities [Abstract]
Closed Store Reserves	16. Closed Store Reserves A summary of closed store reserve activity is as follows: As Of January 1, 2017 January 3, 2016 Beginning balance $ 2,017 $ 1,785 Additions — 1,144 Usage (998 ) (1,332 ) Adjustments 64 420 Ending balance $ 1,083 $ 2,017 Usage during 2016 primarily related to lease payments made during the period for closed stores. Additions made during 2015 include remaining lease payments for the corporate support office relocation, and usage during 2015 primarily related to lease payments made during the period for closed stores.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Jan. 01, 2017
Income Tax Disclosure [Abstract]
Income Taxes	17. Income Taxes Income Tax Provision The income tax provision consists of the following: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 U.S. Federal—current $ (44,588 ) $ (51,322 ) $ (41,217 ) U.S. Federal—deferred (19,293 ) (15,155 ) (17,007 ) U.S. Federal—total (63,881 ) (66,477 ) (58,224 ) State—current (9,036 ) (9,619 ) (7,815 ) State—deferred (1,369 ) (906 ) (375 ) State—total (10,405 ) (10,525 ) (8,190 ) Total provision $ (74,286 ) $ (77,002 ) $ (66,414 ) Tax Rate Reconciliation Income tax provision differed from the amounts computed by applying the U.S. federal income tax rate to pretax income as a result of the following: Year Ended January 1 2017 January 3, 2016 December 28, 2014 Federal statutory rate 35.00 % 35.00 % 35.00 % Increase in income taxes resulting from: State income taxes, net of federal benefit 3.73 3.82 3.78 Other, net (1.32 ) (1.44 ) (0.63 ) Effective tax rate 37.41 % 37.38 % 38.15 % The effective income tax rate increased to 37.41% in 2016 from 37.38% in 2015 as a result of a slight decrease in tax credits and enhanced charitable food contribution deductions for 2016. The effective income tax rate decreased to 37.38% in 2015 from 38.15% in 2014 as a result of increased tax credits and enhanced charitable food contribution deductions for 2015. Excess tax benefits associated with stock option exercises are credited to stockholders’ equity. The Company uses the tax law ordering approach of intraperiod allocation to allocate the benefit of windfall tax benefits based on provisions in the tax law that identify the sequence in which those amounts are utilized for tax purposes. The income tax benefits resulting from stock awards that were credited to stockholders’ equity were $3.7 million, $20.0 million and $47.3 million in 2016, 2015 and 2014. The income tax benefit for 2015 included $0.1 million of income tax benefits related to stock award activity in 2013. The income tax benefit for 2014 included $1.4 million of income tax benefits related to stock award activity in 2013. The excess tax benefits are not credited to stockholders’ equity until the deduction reduces income taxes payable. Deferred Taxes Significant components of the Company’s deferred tax assets and deferred tax liabilities are as follows: As Of January 1, 2017 January 3, 2016 Deferred tax assets Employee benefits $ 26,650 $ 20,298 Tax credits 408 409 Lease related 84,744 80,172 Other accrued liabilities 9,986 8,070 Charitable contribution carryforward 15,928 14,574 Inventories and other 2,087 1,202 Total gross deferred tax assets 139,803 124,725 Deferred tax liabilities Depreciation and amortization (137,230 ) (111,402 ) Intangible assets (21,021 ) (11,377 ) Other (815 ) (546 ) Total gross deferred tax liabilities (159,066 ) (123,325 ) Net deferred tax (liability) / asset $ (19,263 ) $ 1,400 A valuation allowance is established for deferred tax assets if it is more likely than not that these items will either expire before the Company is able to realize their benefits, or that the realization of future deductions is uncertain. Management performs an assessment over future taxable income to analyze whether it is more likely than not that some portion or all of the deferred tax assets will not 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. The Company has evaluated all available positive and negative evidence and believes it is probable that the deferred tax assets will be realized and has not recorded a valuation allowance against the Company’s deferred tax assets as of January 1, 2017 and January 3, 2016. At December 28, 2014, the Company had approximately $4.4 million of federal net operating loss carryforwards that were fully utilized in 2015. The Company had net operating loss carryforwards for state income tax purposes of $4.2 million as of December 28, 2014 that were fully utilized in 2015. The Company had alternative minimum tax credits of $0.9 million as of December 28, 2014 that were fully utilized in 2015. The Company had general business credits of $1.5 million as of December 28, 2014 that were fully utilized in 2015. The Company has state income tax credits of $0.4 million which are available to offset future state income taxes. These credits have no expiration date. The Company applies the authoritative accounting guidance under ASC 740 for the recognition, measurement, classification and disclosure of uncertain tax positions taken or expected to be taken in a tax return. A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: As Of January 1 2017 January 3, 2016 December 28, 2014 Beginning balance $ 737 $ 626 $ 410 Additions based on tax positions related to the current year 104 114 216 Reductions for tax positions for prior years (22 ) (3 ) — Ending balance $ 819 $ 737 $ 626 At January 1, 2017 and January 3, 2016, the Company had unrecognized tax benefits of $0.8 million and $0.7 million (tax effected) that would impact the effective tax rate if recognized. The Company’s policy is to recognize accrued interest and penalties as a component of income tax expense. The Company anticipates an increase in the total amount of unrecognized tax benefits during the next twelve months related to depreciation for transaction cost allocation in the amount of $0.1 million. The Company files income tax returns with federal and state tax authorities within the United States. The statute of limitations for income tax examinations remains open for federal tax returns for tax years 2013 through 2015 and state tax returns for the tax years 2012 through 2015. The Company early adopted the guidance under ASU No. 2015-17 during 2015. The guidance requires that deferred tax assets and deferred tax liabilities be classified as noncurrent on the consolidated balance sheets. The Company elected the prospective method of adoption, and therefore did not reclassify deferred tax balances for prior years.

Related-Party Transactions

Related-Party Transactions	12 Months Ended
Related-Party Transactions	Jan. 01, 2017
Related Party Transactions [Abstract]
Related-Party Transactions	18. Related-Party Transactions A member of the Company’s board of directors is an investor in a company that is a supplier of coffee to the Company for resale. During 2016, 2015 and 2014, purchases from this company were $9.8 million, $9.7 million and $8.3 million, respectively. As of January 1, 2017, January 3, 2016 and December 28, 2014, the Company had no receivable recorded from this vendor. As of January 1, 2017, January 3, 2016 and December 28, 2014, the Company had recorded accounts payable due to this vendor of $0.7 million, $0.7 million and $0.5 million, respectively. On November 3, 2015, the Company entered into an agreement to purchase an airplane from this board member for $7.5 million. The transaction closed on December 17, 2015. Apollo Global Securities, LLC, an affiliate of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) was an underwriter of our secondary stock offerings that closed on August 18, 2014 and April 2, 2014 and received fees of approximately $0.9 million and $1.3 million, respectively. Certain funds and co-investment vehicles managed by Apollo were significant stockholders of the Company at such times. The Company’s former Executive Chairman of the Board has been the chief executive officer, an equity investor, and lender to a technology supplier to the Company. During 2016, 2015 and 2014, purchases from this supplier and its predecessors were $7.9 million, $6.5 million and $5.9 million, respectively. As of January 1, 2017, January 3, 2016 and December 28, 2014, the Company had no receivable recorded from this vendor. As of January 1, 2017, January 3, 2016 and December 28, 2014, the Company had recorded accounts payable due to the supplier of $0.3 million, $0.4 million and $0.7 million, respectively. This Executive Chairman of the Board retired from our Board effective February 20, 2017.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Jan. 01, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	19. Commitments and Contingencies Operating Lease Commitments The Company’s leases include stores, office and warehouse buildings. These leases had an average remaining lease term of approximately nine years as of January 1, 2017. Rent expense charged to operations under operating leases in 2016, 2015 and 2014 totaled $104.8 million, $88.1 million and $72.9 million, respectively. Future minimum lease obligations for operating leases with initial terms in excess of one year at January 1, 2017 are as follows: 2017 $ 126,899 2018 137,105 2019 134,383 2020 131,279 2021 127,009 Thereafter 793,815 Total payments $ 1,450,490 The Company has subtenant agreements under which it will receive rent as follows: 2017 $ 1,436 2018 1,230 2019 911 2020 864 2021 682 Thereafter 1,620 Total subtenant rent $ 6,743 Capital and Financing Lease Commitments The Company is committed under certain capital and financing leases for rental of buildings and equipment. These leases expire or become subject to renewal clauses at various dates from 2017 to 2032. As of January 1, 2017, future minimum lease payments required by all capital and financing leases during the initial lease term are as follows: Fiscal Year Capital Leases Financing Leases 2017 $ 1,451 $ 14,167 2018 1,451 14,447 2019 1,294 13,982 2020 1,194 13,990 2021 1,194 13,241 Thereafter 7,710 50,457 Total 14,294 120,284 Plus balloon payment (financing leases) — 86,397 Less amount representing interest (4,473 ) (93,892 ) Net present value of capital and financing lease obligations 9,821 112,789 Less current portion (771 ) (4,321 ) Total long-term $ 9,050 $ 108,468 The table above does not include $7.2 million of current financing lease obligations expected to pass sale-leaseback accounting during 2017. The final payment under the financing lease obligations is a noncash payment which represents the conveyance of the property to the buyer-lessor at the end of the lease term, described as balloon payment in the table above. Other Commitments and Contingencies The Company is exposed to claims and litigation matters arising in the ordinary course of business and uses various methods to resolve these matters that are believed to best serve the interests of the Company’s stakeholders. The Company’s primary contingencies are associated with insurance and self-insurance obligations. Estimation of insurance and self-insurance liabilities require significant judgments, and actual claim settlements and associated expenses may differ from the Company’s current provisions for loss. See Note 14, “Self-Insurance Programs” for more information. In addition to our lease obligations, the Company maintains certain purchase commitments with various vendors to ensure its operational needs are fulfilled. As of January 1, 2017, such future purchase commitments consisted of $86.0 million. Commitments related to the Company’s business operations cover varying periods of time and are not individually significant. These commitments are expected to be fulfilled with no adverse consequences to the Company’s operations or financial conditions. Securities Action On March 4, 2016, a complaint was filed in the Superior Court for the State of Arizona against the Company and certain of its directors and officers on behalf of a purported class of purchasers of shares of the Company’s common stock in the Company’s underwritten secondary public offering which closed on March 10, 2015 (the “March 2015 Offering”). The complaint purports to state claims under Sections 11, 12 and 15 of the Securities Act of 1933, as amended, based on an alleged failure by the Company to disclose adequate information about produce price deflation in the March 2015 Offering documents. The complaint seeks damages on behalf of the purported class in an unspecified amount, rescission, and an award of reasonable costs and attorneys’ fees. On March 24, 2016, the Company removed the action to federal court in the District of Arizona. On April 18, 2016, the Company filed a motion to remand the case to state court, and that motion is currently under consideration. The Company intends to defend this case vigorously, but it is not possible at this time to reasonably estimate the outcome of, or any potential liability from, the case.

Capital Stock

Capital Stock	12 Months Ended
Capital Stock	Jan. 01, 2017
Equity [Abstract]
Capital Stock	20. Capital Stock Common stock As of January 1, 2017, 140,256,313 shares of the Company’s common stock were issued and outstanding, including 254,071 restricted shares, after the repurchase and retirement of 13,242,483 shares during 2016 and the repurchase and retirement of 1,068,279 shares during 2015, as described below. As of January 1, 2017, 6,299,069 shares of common stock are reserved for issuance under the 2013 Incentive Plan (see Note 22, “Equity-Based Compensation”). The following table outlines the options exercised in exchange for the issuance of shares of common stock during 2016, 2015, and 2014. Year Ended January 1, 2017 January 3, 2016 December 28, 2014 (1) Options exercised 565,568 1,773,518 4,216,774 (1) The total options exercised in 2014 includes a total of 2,340,639 options exercised in connection with the sale of the underlying shares of common stock in our April and August 2014 secondary stock offerings. Share Repurchases On November 4, 2015, the Company’s board of directors authorized a $150 million common stock share repurchase program, which was completed during the second quarter of 2016. On September 6, 2016, the Company’s board of directors authorized a new $250 million share repurchase program for its common stock. The following table outlines the share repurchase programs authorized by the Board, and the related repurchase activity and available authorization as of January 1, 2017. Effective date Expiration date Amount authorized Cost of repurchases Authorization available (in thousands) November 4, 2015 November 4, 2017 $ 150,000 $ 150,000 $ — September 6, 2016 December 31, 2017 250,000 170,000 80,000 The shares under the Company’s repurchase programs may be purchased on a discretionary basis from time to time prior to the applicable expiration date, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions, or other means, including through Rule 10b5-1 trading plans. The board’s authorization of the share repurchase programs does not obligate the Company to acquire any particular amount of common stock, and the repurchase programs may be commenced, suspended, or discontinued at any time. The Company has used borrowings under its Credit Facility to assist with the repurchase program authorized on September 6, 2016 (see Note 12). Share repurchase activity under the Company’s repurchase programs for the periods indicated was as follows: Year Ended January 1, 2017 January 3, 2016 Number of common shares acquired 13,242,483 1,068,279 Average price per common share acquired $ 22.22 $ 24.09 Total cost of common shares acquired (in thousands) $ 294,265 $ 25,735 Shares purchased under the Company’s repurchase programs were subsequently retired. Preferred Stock The Company’s board of directors is authorized, subject to limitations prescribed by Delaware law, to issue up to 10,000,000 shares of the Company’s preferred stock in one or more series, to establish from time to time the number of shares to be included in each series, to fix the designation, powers, preferences, and rights of the shares of each series and any of its qualifications, limitations, or restrictions, in each case without further action by the Company’s stockholders. The Company’s board of directors can also increase or decrease the number of shares of any series of preferred stock, but not below the number of shares of that series then outstanding. The Company’s board of directors may authorize the issuance of preferred stock with voting or conversion rights that could adversely affect the voting power or other rights of the holders of the common stock. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions and other corporate purposes, could, among other things, have the effect of delaying, deferring, or preventing a change in control of the Company and might adversely affect the market price of the Company’s common stock and the voting and other rights of the holders of the Company’s common stock. The Company has no current plan to issue any shares of preferred stock.

Net Income Per Share

Net Income Per Share	12 Months Ended
Net Income Per Share	Jan. 01, 2017
Earnings Per Share [Abstract]
Net Income Per Share	21. Net Income per Share The computation of net income per share is based on the number of weighted average shares outstanding during the period. The computation of diluted net income per share includes the dilutive effect of share equivalents consisting of incremental shares deemed outstanding from the assumed exercise of options. A reconciliation of the numerators and denominators of the basic and diluted net income per share calculations is as follows (in thousands, except per share amounts): Year Ended January 1, 2017 January 3, 2016 December 28, 2014 Basic net income per share: Net income $ 124,306 $ 128,991 $ 107,692 Weighted average shares outstanding 147,311 153,099 149,751 Basic net income per share $ 0.84 $ 0.84 $ 0.72 Diluted net income per share: Net income $ 124,306 $ 128,991 $ 107,692 Weighted average shares outstanding 147,311 153,099 149,751 Dilutive effect of equity-based awards: Assumed exercise of options to purchase shares 2,232 2,737 4,570 Restricted Stock Units 58 37 7 Restricted Stock Awards 17 — — Performance Share Awards 35 4 — Weighted average shares and equivalent shares outstanding 149,653 155,877 154,328 Diluted net income per share $ 0.83 $ 0.83 $ 0.70 The computation of diluted earnings per share for 2016 does not include 1,762,903 options, 14,404 RSUs, and 92,942 PSAs as those awards were antidilutive. The computation of diluted earnings per share for 2015 does not include 514,377 options as those options were antidilutive. The computation of diluted earnings per share for 2014 does not include 546,567 options as those options were antidilutive.

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
Equity-Based Compensation	Jan. 01, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity-Based Compensation	22. Equity-Based Compensation 2013 Incentive Plan The Company’s board of directors adopted, and its equity holders approved, the Sprouts Farmers Market, Inc. 2013 Incentive Plan (the “2013 Incentive Plan”). The 2013 Incentive Plan became effective July 31, 2013 in connection with the Company’s initial public offering and replaced the 2011 Option Plan (as defined below) (except with respect to outstanding options under the 2011 Option Plan). The 2013 Incentive Plan serves as the umbrella plan for the Company’s stock-based and cash-based incentive compensation programs for its directors, officers and other team members. The Company granted to certain officers and team members the following awards during 2014, under the 2013 Incentive Plan: Grant Date Award Type Shares of common stock Exercise Price Grant date fair value March 4, 2014 Options 320,041 $ 39.01 $ 10.66 RSUs 108,980 — $ 39.01 May 19, 2014 Options 37,047 $ 28.50 $ 8.07 RSUs 2,174 — $ 28.50 The options vest ratably over a period of 12 quarters (three years) and the RSUs vest either one-third each year for three years or one-half each year for two years. The options expire seven years from grant date. T he Company granted to certain officers and team members the following awards during 2015, under the 2013 Incentive Plan: Grant Date Award Type Shares of common stock Exercise Price Grant date fair value March 11, 2015 Options 277,833 $ 34.33 $ 9.42 RSUs 87,394 — $ 34.33 PSAs 71,753 — $ 34.33 May 21, 2015 Options 14,492 $ 30.30 $ 8.28 RSUs 3,896 — $ 30.30 August 11, 2015 Options 2,138,899 $ 20.98 $ 5.79 RSUs 5,660 — $ 20.98 November 10, 2015 Options 4,431 $ 23.26 $ 6.77 . RSUs 1,370 — $ 23.26 The options vest ratably over a period of 12 quarters (three years), and the RSUs vest either one-third each year for three years or one-half each year for two years. The options expire seven years from grant date. The PSAs are described below. The Company granted to certain officers and team members the following awards during 2016, under the 2013 Incentive Plan: Grant Date Award Type Shares of common stock Exercise Price Grant date fair value March 4, 2016 Options 318,156 $ 28.21 $ 8.59 RSUs 213,767 — $ 28.21 PSAs 92,942 — $ 28.21 April 11, 2016 Options 4,627 $ 27.69 $ 8.32 RSUs 1,335 — $ 27.69 May 9, 2016 RSUs 14,404 — $ 26.65 May 23, 2016 Options 419,935 $ 24.48 $ 6.54 RSAs 217,852 — $ 24.48 August 18, 2016 RSUs 7,499 — $ 22.44 The options vest ratably one-third each year for three years and the RSUs vest either one-third each year for three years or one-half each year for two years for team members. RSUs granted to independent members of its board of directors cliff vest in one year. The options expire seven years from grant date. The PSAs and RSAs are described below. The aggregate number of shares of common stock that may be issued to team members and directors under the 2013 Incentive Plan may not exceed 10,089,072. Shares subject to awards granted under the 2013 Incentive Plan which are subsequently forfeited, expire unexercised or are otherwise not issued will not be treated as having been issued for purposes of the share limitation. As of January 1, 2017, 6,299,069 shares of common stock are reserved for issuance under the 2013 Incentive Plan. 2011 Option Plan In May 2011, the Company adopted the Sprouts Farmers Markets, LLC Option Plan (the “2011 Option Plan”) to provide team members or directors of the Company with options to acquire shares of the Company. The Company had authorized 12,100,000 shares for issuance under the 2011 Option Plan. Options may no longer be issued under the 2011 Option Plan. Stock Options In the event of a change in control as defined in the award agreements issued under the 2013 Incentive Plan and in the 2011 Option Plan, all options and awards issued prior to 2015 become immediately vested and exercisable. For grants issued in and subsequent to 2015, the options and awards only become immediately vested in the event of a change in control (as defined in the applicable team member award agreement) if the grants are not continued or assumed by the acquirer on a substantially equivalent basis. If the options and awards continue or are assumed on a substantially equivalent basis, but employment is terminated by the Company or an acquirer without cause or by the team member for good reason (as such terms are defined in the applicable team member award agreement) within 24 months following the change in control, such options or awards will become immediately vested upon such termination. Under all other scenarios, the awards continue to vest per the schedule outlined in the applicable team member award agreement. Shares issued for option exercises are newly issued shares. The estimated fair values of options granted during 2016, 2015 and 2014 range from $5.79 to $10.66, and were calculated using the following assumptions: 2016 2015 2014 Dividend yield 0.00 % 0.00 % 0.00 % Expected volatility 33.92% 30.61% to 32.51% 31.19% to 32.19% Risk free interest rate 1.18% to 1.32% 1.44% to 1.67% 1.20% to 1.33% Expected term, in years 3.53 to 4.50 4.31 4.31 The grant date weighted average fair value of the 1.2 million options issued but not vested as of January 1, 2017 was $7.02. The grant date weighted average fair value of the 2.1 million options issued but not vested as of January 3, 2016 was $6.32. The grant date weighted average fair value of the 0.9 million options issued but not vested as of December 28, 2014 was $5.42. The following table summarizes grant date weighted average fair value of options granted and options forfeited: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 Grant date weighted average fair value of options granted $ 7.43 $ 6.22 $ 10.39 Grant date weighted average fair value of options forfeited $ 8.60 $ 5.36 $ 6.79 Expected volatility is calculated based upon historical volatility data from a group of comparable companies and the Company over a timeframe consistent with the expected life of the awards. The expected term is estimated based on the expected period that the options are anticipated to be outstanding after initial grant until exercise or expiration based upon various factors including the contractual terms of the awards and vesting schedules. The expected risk-free rate is based on the U.S. Treasury yield curve rates in effect at the time of the grant using the term most consistent with the expected life of the award. Dividend yield was estimated at zero as the Company does not anticipate making regular future distributions to stockholders. The total intrinsic value of options exercised was $12.3 million, $53.4 million, and $161.7 million for 2016, 2015, and 2014, respectively. The following table summarizes option activity during 2016: Number of Options (1) Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding at January 3, 2016 6,636,031 $ 10.55 Granted 742,718 26.10 Forfeited (55,823 ) 30.70 Exercised (565,568 ) 4.84 $ 12,258 Outstanding at January 1, 2017 6,757,358 12.57 3.20 $ 60,589 Exercisable—January 1, 2017 5,552,033 9.88 2.65 $ 60,589 Vested/Expected to vest—January 1, 2017 6,736,965 $ 12.53 3.19 $ 60,589 (1) Outstanding balance at January 3, 2016 presented above does not coincide with outstanding balance at January 3, 2016 presented in the 2015 10-K filing due to the nullity of certain equity awards granted in connection with the appointments of the Company’s Chief Executive Officer and President & Chief Operating Officer in August 2015 RSUs In the event of a change in control as defined in the award agreements issued under the 2013 Incentive Plan, all RSUs granted prior to 2015 become immediately vested. RSUs granted in and subsequent to 2015 only become immediately vested in the event of a change in control (as defined in the applicable team member award agreement) if the awards are not continued or assumed by the acquirer on a substantially equivalent basis. If the awards continue or are assumed on a substantially equivalent basis, but employment is terminated by the Company or an acquirer without cause or by the team member for good reason (as such terms are defined in the applicable team member award agreement) within 24 months following the change in control, such awards will become immediately vested upon such termination. Under all other scenarios, the awards continue to vest per the schedule outlined in the applicable team member award agreement. Shares issued for RSU vesting are newly issued shares. The estimated fair value of RSUs granted during 2016 and 2015 range from $20.98 to $34.33, and were calculated based on the closing price on the grant date. The following table summarizes the weighted average grant date fair value of RSUs awarded during 2016, 2015, and 2014: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 RSUs awarded $ 27.93 $ 33.25 $ 38.80 The following table summarizes RSU activity during 2016: Number of RSUs Weighted Average Grant Date Fair Value Outstanding at January 3, 2016 142,783 $ 35.26 Awarded 237,005 27.93 Released (70,522 ) 36.29 Forfeited (34,878 ) 28.93 Outstanding at January 1, 2017 274,388 $ 29.47 PSAs PSAs granted in March 2015 were earned based on the Company’s achievement of certain earnings per share performance targets during 2015. Such PSAs vest 50% on the second anniversary of the grant date (2017), and 50% on the third anniversary of the grant date (2018). PSAs granted in March 2016 are subject to the Company achieving certain earnings before interest and taxes (“EBIT”) performance targets on an annual and cumulative basis over a three-year performance period, as well as additional time-vesting conditions. The EBIT target for each of the three years during the performance period is based on a percentage increase over the previous year’s actual EBIT, with each annual performance tranche measured independently of the previous and next tranche. Cumulative performance is based on the aggregate annual performance and is measured against a cumulative performance target. Payout of the performance shares will either be 0% or range from 50% to 150% of the target number of shares granted, depending upon goal achievement. If the performance conditions are met, the applicable number of performance shares is subject to cliff vesting on the third anniversary of the grant date (March 2019). The PSAs only become immediately vested in the event of a change in control (as defined in the applicable team member award agreement) if the awards are not continued or assumed by the acquirer on a substantially equivalent basis. If the awards continue or are assumed on a substantially equivalent basis, but employment is terminated by the Company or an acquirer without cause or by the team member for good reason (as such terms are defined in the applicable team member award agreement) within 24 months following the change in control, such awards will become immediately vested upon such termination. Under all other scenarios, the awards continue to vest per the schedule outlined in the applicable team member award agreement. Shares issued for PSA vesting are newly issued shares. The estimated fair value of each performance share granted pursuant to PSAs during 2016 is $28.21, and was calculated based on the closing price on the grant date. The total grant date fair value of PSAs granted during 2016 was $2.6 million. There were no PSAs released during 2016. The total grant date fair value of performance shares forfeited during 2016 was $0.1 million. The total grant date fair value of the 0.1 million PSAs issued but not released as of January 1, 2017 was $2.6 million. During 2016, the Company’s board of directors determined that the performance targets for the 2016 tranche were not met and 30,981 performance shares were not earned. The total grant date fair value of PSAs granted during 2015 was $2.5 million. There were no PSAs released during 2015. The total grant date fair value of PSAs forfeited during 2015 was $0.1 million. The total grant date fair value of the 0.1 million PSAs issued but not released as of January 3, 2016 was $2.4 million. Subsequent to January 3, 2016, the Company’s board of directors determined that the performance targets were met and 0.1 million performance shares were earned and remained subject to time-vesting restrictions. The following table summarizes PSA activity during 2016: Number of PSAs Weighted Average Grant Date Fair Value Outstanding at January 3, 2016 70,139 34.33 Awarded 92,942 28.21 Released — — Forfeited (4,145 ) 34.33 Outstanding at January 1, 2017 158,936 30.75 RSAs The fair value of RSAs is based on the closing price of the Company’s common stock on the grant date. RSAs either vest ratably over a seven quarter period, beginning on December 31, 2016 or cliff vest on June 30, 2018. The RSAs only become immediately vested in the event of a change in control (as defined in the applicable team member award agreement) if the awards are not continued. If the awards continue, but employment is terminated by the Company or an acquirer without cause or by the team member for good reason (as such terms are defined in the applicable team member award agreement) within 24 months following the change in control, such awards will become immediately vested upon such termination. Under all other scenarios, the awards continue to vest per the schedule outlined in the applicable team member award agreement. Shares issued for RSA vesting are newly issued shares. The estimated fair values of RSAs granted during 2016 is $24.48 per share of restricted stock, and was calculated based on the closing price on the grant date. The total grant date fair value of RSAs granted during 2016 was $5.3 million. The total grant date fair value of shares of restricted stock released upon vesting during 2016 was $0.8 million. There were no RSAs forfeited during 2016. The total grant date fair value of the 187,101 shares of restricted stock issued but not released as of January 1, 2017 was $4.6 million. The following table summarizes RSA activity during 2016: Number of RSAs Weighted Average Grant Date Fair Value Outstanding at January 3, 2016 — — Awarded 217,852 $ 24.48 Released (30,751 ) 24.48 Forfeited — — Outstanding at January 1, 2017 187,101 $ 24.48 Equity-Based Compensation Expense Equity-based compensation expense was as follows: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 Cost of sales, buying and occupancy $ 965 $ 681 $ 695 Direct store expenses 1,345 1,103 788 Selling, general and administrative expenses 11,089 6,234 3,872 Total equity-based compensation expense $ 13,399 $ 8,018 $ 5,355 The Company recognized income tax benefits of $5.2 million, $3.1 million and $2.1 million for 2016, 2015, and 2014, respectively. As of January 1, 2017, total unrecognized compensation expense related to outstanding equity-based awards was as follows: As of January 1, 2017 Options $ 7,377 RSUs 4,569 PSAs 548 RSAs 3,764 Total unrecognized compensation expense $ 16,258 As of January 1, 2017, the total remaining weighted average recognition period related to outstanding equity-based awards was as follows: As of January 1, 2017 Options 1.63 RSUs 1.43 PSAs 1.56 RSAs 1.49 During 2016, 2015 and 2014, the Company received $2.7 million, $6.6 million and $11.1 million in cash proceeds from the exercise of options, respectively. During 2016, 2015 and 2014, the Company recorded $3.7 million, $20.0 million and $47.3 million of excess tax benefits from the exercise of options, respectively. Equity Award Restructuring In connection with the appointments of the Company’s Chief Executive Officer and President & Chief Operating Officer in August 2015, the Compensation Committee of the Company’s Board of Directors approved a grant of stock options to purchase 1,200,000 and 500,000 shares of the Company’s common stock at an exercise price of $20.98 per share to these officers, respectively (the “August 2015 Options”) pursuant to the 2013 Incentive Plan. The August 2015 Options, taken together with other options granted under the 2013 Incentive Plan to such officers during 2015, exceeded the limit of 500,000 shares which may be granted pursuant to stock options and stock appreciation rights per calendar year to each participant under the 2013 Incentive Plan by 733,439 shares in the case of the Company’s Chief Executive Officer and 33,439 shares in the case of the Company’s President & Chief Operating Officer (the “Excess Options”). Accordingly, the Company has determined, and these officers have acknowledged, that the grants of the Excess Options were null and void. In order to satisfy the original intent with respect to these individuals’ compensation, on May 23, 2016, the Compensation Committee granted to the Company’s Chief Executive Officer and President & Chief Operating Officer under the 2013 Incentive Plan options to purchase 386,496 and 33,439 shares of the Company’s common stock at an exercise price of $24.48 per share, respectively, and 215,251 and 2,601 RSAs, respectively. The Company recognized compensation expense of $1.9 million during the year ended January 1, 2017 related to the options and RSAs granted.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Jan. 01, 2017
Subsequent Events [Abstract]
Subsequent Events	23. Subsequent Events Subsequent to January 1, 2017, and through February 10, 2017, the Company repurchased an additional 4.1 million shares of common stock for $80.0 million. The Company borrowed an additional $60.0 million under its Credit Facility that was utilized in these repurchases, and made a $10.0 million principal payment, resulting in total outstanding debt under the Credit Facility of $305 million as of February 22, 2017. On February 20, 2017, the Company’s board of directors authorized a new $250 million share repurchase program for its common stock. The shares may be purchased on a discretionary basis from time to time through December 31, 2018, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions, or other means, including through Rule 10b5-1 trading plans.

Significant Accounting Polici30

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Jan. 01, 2017
Accounting Policies [Abstract]
Fiscal Years	Fiscal Years The Company reports its results of operations on a 52- or 53-week fiscal calendar ending on the Sunday closest to December 31. Fiscal year 2016 ended on January 1, 2017 and included 52-weeks. Fiscal year 2015 ended on January 3, 2016 and included 53-weeks, while fiscal year 2014 ended on December 28, 2014 and included 52-weeks. Fiscal years 2016, 2015, and 2014 are referred to as 2016, 2015, and 2014.
Significant Accounting Estimates	Significant Accounting Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. Such estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s critical accounting estimates include, but are not limited to: inventory valuations, lease assumptions, sublease assumptions for closed stores, self-insurance reserves, goodwill and intangible assets, impairment of long-lived assets, fair values of equity-based awards and income taxes. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid instruments with an original maturity of three months or less to be cash equivalents. The Company’s cash and cash equivalents are maintained at financial institutions in the United States of America. All credit and debit card transactions are also classified as cash and cash equivalents. The amounts due from banks for these transactions at each reporting date were as follows: As Of January 1, 2017 January 3, 2016 Due from banks for debit and credit card transactions $ 43,015 $ 51,309
Accounts Receivable	Accounts Receivable Accounts receivable generally represent billings to vendors for earned rebates, advertising and other items and landlords for tenant allowances. When a specific account is determined uncollectible, the net recognized receivable is written off.
Inventories	Inventories Inventories consist of merchandise purchased for resale, which are stated at the lower of cost or market. The cost method is used for warehouse and store perishable department inventories by assigning costs to each of these items based on a first-in, first-out (FIFO) basis (net of vendor discounts). The Company’s non-perishable inventory is valued at the lower of cost or market using weighted averaging, the use of which approximates the FIFO method. The Company believes that all inventories are saleable and no allowances or reserves for obsolescence were recorded as of January 1, 2017 and January 3, 2016.
Property and Equipment	Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization. Expenditures for major additions and improvements to facilities are capitalized, while maintenance and repairs are charged to expense as incurred. When property is retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in the consolidated statements of operations. Depreciation expense, which includes the amortization of assets recorded under capital and financing leases, is computed using the straight-line method over the estimated useful lives of the individual assets. Leasehold improvements and assets under capital and financing leases are amortized over the shorter of the lease term to which they relate, or the estimated useful life of the asset. Terms of leases used in the determination of estimated useful lives may include renewal options if the exercise of the renewal option is determined to be reasonably assured. The following table includes the estimated useful lives of certain of our asset classes: Software 3 years Computer hardware 5 years Furniture, fixtures and equipment 7 years Leasehold improvements up Buildings 40 years Store development costs, which include costs associated with the selection and procurement of real estate sites, are also included in property and equipment. These costs are included in leasehold improvements and are amortized over the remaining lease term of the successful sites with which they are associated.
Asset Retirement Obligations	Asset Retirement Obligations The Company’s asset retirement obligations (“ARO”) are related to the Company’s commitment to return leased facilities to the landlord in an agreed-upon condition. This may require actions ranging from cleaning to removal of leasehold improvements. The obligation is recorded as a liability with an offsetting capital asset at the inception of the lease term based upon the estimated fair market value of costs to meet the commitment. The liability, included in other long-term liabilities in the consolidated balance sheets, is accreted over time to the projected future value of the obligation. The ARO asset, included in property and equipment in the consolidated balance sheets, is depreciated using the same useful life as the related property. A reconciliation of the ARO liability is as follows: As Of January 1, 2017 January 3, 2016 Beginning balance $ 3,214 $ 2,952 Additions for new facilities 233 245 Accretion expense 201 169 Adjustments (21 ) (152 ) Ending balance $ 3,627 $ 3,214
Closed Store Reserve	Closed Store Reserve The Company recognizes a reserve for future operating lease payments and other occupancy costs associated with facilities that are no longer being utilized in its current operations. The reserve is recorded based on the present value of the remaining noncancelable lease payments and estimates of other occupancy costs after the cease use date, less an estimate of subtenant income. If subtenant income is expected to be higher than the lease payments, no accrual is recorded. Lease payments and other occupancy costs included in the closed store reserve are expected to be paid over the remaining terms of the respective leases. Adjustments to the closed store reserve relate primarily to changes in actual or estimated subtenant income and actual lease payments and other occupancy costs from original estimates. Adjustments are made for changes in estimates in the period in which the change becomes known considering timing of new information regarding the market, subleases or other lease updates. Adjustments in the closed store reserves are recorded in “store closure and exit costs” in the accompanying consolidated statements of operations.
Self-Insurance Reserves	Self-Insurance Reserves The Company uses a combination of insurance and self-insurance programs to provide reserves for potential liabilities associated with general liability, workers’ compensation and team member health benefits. Liabilities for self-insurance reserves are estimated through consideration of various factors, which include historical claims experience, demographic factors, severity factors and other actuarial assumptions. Amounts expected to be recovered from insurance companies is included in the liability, with a corresponding amount recorded in accounts receivable.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill represents the cost of acquired businesses in excess of the fair value of assets and liabilities acquired. The Company’s indefinite-lived intangible assets consist of trade names related to “Sprouts Farmers Market” and liquor licenses. The Company also holds intangible assets with finite useful lives, consisting of favorable and unfavorable leasehold interests and the “Sunflower Farmers Market” trade name. Goodwill is evaluated for impairment on an annual basis on the first day of the fourth fiscal quarter or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company’s impairment evaluation of goodwill consists of a qualitative assessment to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company’s qualitative assessment indicates it is more likely than not that the estimated fair value of a reporting unit exceeds its carrying value, no further analysis is required and goodwill is not impaired. Otherwise, the Company follows a two-step quantitative goodwill impairment test to determine if goodwill is impaired. The first step of the quantitative goodwill impairment test compares the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of the Company’s reporting unit exceeds its carrying value, no further analysis or impairment of goodwill is required. If the carrying value of the Company’s reporting unit exceeds its fair value, the fair value of the reporting unit would be allocated to the reporting unit’s assets and liabilities based on the relative fair value, with goodwill written down to its implied fair value, if necessary. Indefinite-lived assets are evaluated for impairment on an annual basis on the first day of the fourth fiscal quarter or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company’s impairment evaluation for its indefinite-lived intangible assets consists of a qualitative assessment similar to that for goodwill. If the Company’s qualitative assessment indicates it is more likely than not that the estimated fair value of an indefinite-lived intangible asset exceeds its carrying value, no further analysis is required and the asset is not impaired. Otherwise, the Company compares the estimated fair value of the asset to its carrying amount with an impairment loss recognized for the amount, if any, by which carrying value exceeds estimated fair value. The Company can elect to bypass the qualitative assessments approach for goodwill and indefinite-lived intangible assets and proceed directly to the quantitative assessments for goodwill or any indefinite-lived intangible assets in any period. The Company has determined its business consists of a single reporting unit, healthy grocery stores. When applying the quantitative test, the Company determines the fair value of its reporting unit using the income approach methodology of valuation that includes the discounted cash flow method as well as other generally accepted valuation methodologies. The Company completed its goodwill and indefinite-lived intangible asset impairment evaluations as of the first day of the fourth quarter and concluded during 2016, 2015 and 2014 there was no impairment. The Company also concluded that events and circumstances continued to support classifying its indefinite-lived intangible assets as such. See Note 7, “Intangible Assets” and Note 8, “Goodwill” for further discussion. The trade name related to “Sunflower Farmers Market” meets the definition of a defensive intangible asset and is amortized on a straight line basis over an estimated useful life of 10 years from the date of its acquisition by the Company. Favorable and unfavorable leasehold interests are amortized on a straight-line basis over the lease term.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company assesses its long-lived assets, including property and equipment and finite-lived intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. The Company groups and evaluates long-lived assets for impairment at the individual store level, which is the lowest level at which independent identifiable cash flows are available. Factors which may indicate potential impairment include a significant underperformance relative to the historical or projected future operating results of the store or a significant negative industry or economic trend. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by that asset. If impairment is indicated, a loss is recognized for any excess of the carrying value over the estimated fair value of the asset group. The fair value is estimated based on the discounted future cash flows or comparable market values, if available. The Company did not record any impairment loss during 2016, 2015 and 2014.
Deferred Financing Costs	Deferred Financing Costs The Company capitalizes certain fees and costs incurred in connection with the issuance of debt. Deferred financing costs are amortized to interest expense over the term of the debt using the effective interest method. For the Credit Facility and Former Credit Facility (as defined in Note 12, “Long-Term Debt”), deferred financing costs are amortized on a straight line basis over the term of the facility. Upon prepayment, redemption or conversion of debt, the Company accelerates the recognition of an appropriate amount of financing costs as loss on extinguishment of debt. The current and noncurrent portions of deferred financing costs are included in prepaid expenses and other current assets and other assets, respectively, in the accompanying consolidated balance sheets.
Operating Leases	Operating Leases The Company leases certain stores, warehouse facilities and administrative offices under operating leases. Incentives received from lessors are deferred and recorded as a reduction of rental expense over the lease term using the straight-line method. The current portion of unamortized lease incentives is included in other accrued liabilities and the noncurrent portion is included in other long-term liabilities in the accompanying consolidated balance sheets. Store lease agreements generally include rent abatements and rent escalation provisions and may include contingent rent provisions based on a percentage of sales in excess of specified levels. The Company recognizes escalations of minimum rents and/or abatements as deferred rent and amortizes these balances on a straight-line basis over the term of the lease. For lease agreements that require the payment of contingent rents based on a percentage of sales above stipulated minimums, the Company begins accruing an estimate for contingent rent when it is determined that it is probable the specified levels of sales in excess of the stipulated minimums will be reached during the year. The Company expensed $1.8 million, $1.8 million and $1.6 million for the years ended January 1, 2017, January 3, 2016 and December 28, 2014, respectively, for contingent rent.
Financing Lease Obligations	Financing Lease Obligations The Company has recorded financing lease obligations for 43 and 38 store building leases at January 1, 2017 and January 3, 2016, respectively. In each case, the Company was deemed to be the owner during the construction period under lease accounting guidance. Further, each lease contains provisions indicating continuing involvement with the property at the end of the construction period, which include either an affiliate guaranty or contingent collateral. As a result, in accordance with applicable accounting guidance, buildings and related assets subject to the leases are reflected on the Company’s balance sheets and depreciated over their remaining useful lives. The present value of the lease payments associated with these buildings is recorded as financing lease obligations. At January 1, 2017, the Company also recorded current financing lease obligations and related construction in progress for two stores under the lease accounting guidance noted above. The Company, however, expects that there will be no continuing involvement provisions in effect at the end of the construction period and therefore will be able to remove the asset and the corresponding financing lease obligations at the end of the construction periods for the stores during 2017. Monthly lease payments are allocated between the land element of the lease (which is accounted for as an operating lease) and the financing obligation. The financing obligation is amortized using the effective interest method and the interest rate is determined in accordance with the requirements of sale-leaseback accounting. Lease payments less the portion allocated to the land element of the lease and that portion considered to be interest expense decrease the financing liability. At the end of the initial lease term, should the Company decide not to renew the lease, the net book value of the asset and the corresponding financing obligation would be reversed. The outflows from the construction of the buildings are classified as investing activities, and the outflows associated with the financing obligations principal payments and inflows from the associated financing proceeds are classified as financing activities in the accompanying consolidated statements of cash flows.
Fair Value Measurements	Fair Value Measurements The Company records its financial assets and liabilities in accordance with the framework for measuring fair value in accordance with GAAP. This framework establishes a fair value hierarchy that prioritizes the inputs used to measure fair value: Level 1: Quoted prices for identical instruments in active markets. Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. Fair value measurements of nonfinancial assets and nonfinancial liabilities are primarily used in the impairment analysis of goodwill, intangible assets, and long-lived assets and in the valuation of store closure and exit costs. The determination of fair values of certain tangible and intangible assets for purposes of our goodwill impairment evaluation as described above is based upon Level 3 inputs. Closed store reserves are recorded at net present value to approximate fair value which is classified as Level 3 in the hierarchy. The estimated fair value of the closed store reserve is calculated based on the present value of the remaining lease payments and other charges using a weighted average cost of capital, reduced by estimated sublease rentals. The weighted average cost of capital is estimated using information from comparable companies and management’s judgment related to the risk associated with the operations of the stores. Cash and cash equivalents, accounts receivable, prepaid expenses and other current assets, accounts payable, accrued salaries and benefits and other accrued liabilities approximate fair value because of the short maturity of those instruments. Based on comparable open market transactions, the fair value of the long-term debt approximated carrying value as of January 1, 2017 and January 3, 2016. The Company’s estimates of the fair value of long-term debt (including current maturities) were classified as Level 2 in the fair value hierarchy.
Equity-Based Compensation	Equity-Based Compensation The Company measures equity-based compensation cost at the grant date based on the fair value of the award and recognizes equity-based compensation cost as expense over the vesting period. As equity-based compensation expense recognized in the consolidated statements of operations is based on awards ultimately expected to vest, the amount of expense has been reduced for estimated forfeitures and trued up for actual forfeitures. The Company’s forfeiture rate is estimated based on an analysis of our actual forfeitures of grants made under our 2011 Option Plan and 2013 Incentive Plan (each as defined in Note 22, “Equity-Based Compensation”). The actual forfeiture rate could differ from these estimates. The Company uses the Black-Scholes option-pricing model to determine the grant date fair value for each option grant. The Black-Scholes option-pricing model requires extensive use of subjective assumptions. See Note 22, “Equity-Based Compensation” for a discussion of assumptions used in the calculation of fair values. Application of alternative assumptions could produce different estimates of the fair value of equity-based compensation and, consequently, the related amounts recognized in the accompanying consolidated statements of operations. The grant date fair value of restricted stock units (“RSUs”), performance share awards (“PSAs”), and restricted stock awards (“RSAs”) is based on the closing price per share of the Company’s stock on the grant date. The Company recognizes compensation expense for time-based awards on a straight-line basis and for performance-based awards on the graded-vesting method over the vesting period of the awards.
Revenue Recognition	Revenue Recognition Revenue is recognized at the point of sale. Discounts provided to customers at the time of sale are recognized as a reduction in sales as the discounted products are sold. Sales taxes are not included in revenue. Proceeds from the sale of gift cards are recorded as a liability at the time of sale, and recognized as sales when they are redeemed by the customer. During 2015, the Company obtained sufficient historical redemption data for its gift card program to make a reasonable estimate of the ultimate redemption patterns and breakage rate.
Cost of Sales, Buying and Occupancy	Cost of Sales, Buying and Occupancy Cost of sales, buying and occupancy includes the cost of inventory sold during the period, including the direct costs of purchased merchandise (net of discounts and allowances), distribution and supply chain costs, buying costs and supplies. Occupancy costs include store rental, property taxes, utilities, common area maintenance, amortization of favorable or unfavorable leasehold interests and property insurance. The Company recognizes vendor allowances and merchandise volume related rebate allowances as a reduction of inventories during the period when earned and reflects the allowances as a component of cost of sales, buying and occupancy as the inventory is sold. Our largest supplier accounted for approximately 33%, 31% and 31% of total purchases during 2016, 2015, and 2014, respectively.
Direct Store Expenses	Direct Store Expenses Direct store expenses consist of store-level expenses such as salaries and benefits, related equity-based compensation, supplies, depreciation and amortization for buildings and store leasehold improvements, equipment and other store specific costs.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses Selling, general and administrative expenses primarily consist of salaries and benefits costs, related equity-based compensation, advertising, acquisition-related costs and corporate overhead. The Company charges third-parties to place advertisements in the Company’s in-store guide and circulars. The Company records rebates received from vendors in connection with cooperative advertising programs as a reduction to advertising costs when the allowance represents a reimbursement of a specific incremental and identifiable cost. Advertising costs are expensed as incurred. Advertising expense, net of rebates, was $37.0 million, $32.0 million and $26.1 million for 2016, 2015 and 2014, respectively.
Store Pre-Opening Costs	Store Pre-Opening Costs Store pre-opening costs include rent expense during construction of new stores and costs related to new store openings, including costs associated with hiring and training personnel and other miscellaneous costs. Store pre-opening costs are expensed as incurred.
Loss on Extinguishment of Debt	Loss on Extinguishment of Debt The Company recognizes loss on extinguishment of debt when debt is refinanced and the new debt is either with a new lender or lenders and/or the cash flows associated with the refinanced debt and the original debt differ by greater than 10 percent. The loss on extinguishment of debt represents the amounts of deferred financing costs and/or issue discount associated with the extinguished portion of the debt. No loss on extinguishment of debt was recorded during 2016. In 2015, the Company recorded a loss on extinguishment of debt totaling $5.5 million related to the April 2015 Refinancing as defined in Note 12. In 2014, the Company made a voluntary principal payment of $50.0 million and wrote-off $1.1 million of deferred financing costs and original issue discount related to that portion of the term loan component of its Former Credit Facility, as defined in Note 12.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company’s deferred tax assets are subject to periodic recoverability assessments. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount that more likely than not will be realized. Realization of the deferred tax assets is principally dependent upon achievement of projected future taxable income offset by deferred tax liabilities. Changes in recognition or measurement are reflected in the period in which the judgment occurs. The Company recognizes the effect of uncertain income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest and penalties related to unrecognized tax benefits as part of income tax expense.
Share Repurchases	Share Repurchases The Company has elected to retire shares repurchased to date. Shares retired become part of the pool of authorized but unissued shares. The Company has elected to record purchase price of the retired shares in excess of par value directly as a reduction of retained earnings.
Net Income per Share	Net Income per Share Basic net income per share is calculated by dividing net income by the weighted average number of shares outstanding during the fiscal period. Diluted net income per share is based on the weighted average number of shares outstanding, plus, where applicable, shares that would have been outstanding related to dilutive options, PSAs and RSUs.
Comprehensive Income	Comprehensive Income Comprehensive income equals net income for all periods presented.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” ASU No. 2014-09 provides guidance for revenue recognition. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract, and estimating the amount of variable consideration to include in the transaction price attributable to each separate performance obligation. Subsequent to the initial standards, the FASB has also issued several ASUs to clarify specific revenue recognition topics. This guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company is currently evaluating the potential impact of this guidance and does not expect this ASU to materially impact the Company’s consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” ASU No. 2014-15 requires management to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures in certain circumstances. This guidance was effective for the Company for its fiscal year 2016. Adoption of this guidance took place prospectively in 2016, and the adoption did not have a material effect on the Company’s consolidated financial statements or disclosures. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs.” ASU No. 2015-03 requires an entity to present debt issuance costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. This guidance was effective for the Company for its fiscal year 2016. The new guidance has been applied retrospectively to each prior period presented, and the adoption did not have a material effect on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Customer's Accounting for Fees Paid in a Cloud Computing Arrangement.” ASU No. 2015-05 provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If the arrangement does not include a software license, the customer should account for a cloud computing arrangement as a service contract. This guidance was effective for the Company for its fiscal year 2016. The Company adopted this ASU prospectively, and the adoption did not have a material effect on its consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, “Simplifying the Measurement of Inventory.” ASU No. 2015-11 changes the measurement In July 2015, the FASB issued ASU No. 2015-15, “Interest – Imputation of Interest: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements (Subtopic 835-30).” ASU No. 2015-15 provides additional guidance on the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. Early adoption is permitted. This guidance was effective for the Company for its fiscal year 2016. Adoption of this guidance took place prospectively in 2016, and the adoption did not have a material effect on the Company’s consolidated financial statements. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations: Simplifying the Accounting For Measurement Period Adjustments.” ASU No. 2015-16 requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. This guidance was effective for the Company for its fiscal year 2016. The Company adopted this guidance prospectively in 2016, and the adoption did not have a material effect on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, “Leases (ASC 842).” ASU No. 2016-02 requires lessees to recognize a right-of-use asset and corresponding lease liability for all leases with terms greater than twelve months. Recognition, measurement and presentation of expenses will depend on classification as a finance or operating lease. The new guidance also requires certain additional quantitative and qualitative disclosures. This guidance will be effective for the Company for its fiscal year 2019, with early adoption permitted. The adoption of this ASU is expected to result in a material increase to the Company’s consolidated balance sheets for right-of-use assets and lease liabilities. The Company is currently evaluating the potential impact of this guidance. In March 2016, the FASB issued ASU No. 2016-04, “Liabilities-Extinguishments of Liabilities (Subtopic 405-20): Recognition of breakage for certain prepaid stored-value products.” ASU No. 2016-04 provides a narrow scope exception to the guidance in Subtopic 405-20 to require that stored-value breakage be accounted for consistently with the breakage guidance in Topic 606. The amendments in this update contain specific guidance for derecognition of prepaid stored-value product liabilities, thereby eliminating the current and potential future diversity. This guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company does not expect this ASU to materially impact the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, “Compensation – Stock Compensation (Topic 718).” This update involves several aspects of the accounting for share-based transactions, including the income tax consequences, classification of awards as either equity or liabilities, how to account for forfeitures, and classification on the statement of cash flows. The amendments in this update are effective for the Company for its fiscal year 2017, with early adoption permitted. The adoption of the guidance is expected to result in a material change to the Company’s consolidated financial statements as the tax impact of option exercises previously recorded to additional paid in capital will be reflected in the provision for income taxes. In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments”. This update provides clarifications on the cash flow classification for eight specific cash flow issues: debt prepayment or debt extinguishment costs; settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing; contingent consideration payments made after a business combination; proceeds from the settlement of insurance claims; proceeds from the settlement of corporate-owned life insurance policies (COLIs) (including bank-owned life insurance policies (BOLIs)); distributions received from equity method investees; beneficial interests in securitization transactions; and separately identifiable cash flows and application of the predominance principle. The guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company is currently evaluating the potential impact of this guidance.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	12 Months Ended
Basis of Presentation (Tables)	Jan. 01, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Summary of Sales by as Perishable and Non-Perishable	The following is a breakdown of the Company’s perishable and non-perishable sales mix: 2016 2015 2014 Perishables 50.4 % 50.8 % 50.8 % Non-Perishables 49.6 % 49.2 % 49.2 %

Significant Accounting Polici32

Significant Accounting Policies (Tables)	12 Months Ended
Significant Accounting Policies (Tables)	Jan. 01, 2017
Accounting Policies [Abstract]
Amounts Due from Banks	The amounts due from banks for these transactions at each reporting date were as follows: As Of January 1, 2017 January 3, 2016 Due from banks for debit and credit card transactions $ 43,015 $ 51,309
Estimated Useful Lives of Asset Classes	The following table includes the estimated useful lives of certain of our asset classes: Software 3 years Computer hardware 5 years Furniture, fixtures and equipment 7 years Leasehold improvements up Buildings 40 years
Reconciliation of Asset Retirement Obligations Liability	A reconciliation of the ARO liability is as follows: As Of January 1, 2017 January 3, 2016 Beginning balance $ 3,214 $ 2,952 Additions for new facilities 233 245 Accretion expense 201 169 Adjustments (21 ) (152 ) Ending balance $ 3,627 $ 3,214

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
Accounts Receivable (Tables)	Jan. 01, 2017
Receivables [Abstract]
Summary of Accounts Receivable	A summary of accounts receivable is as follows: As Of January 1, 2017 January 3, 2016 Vendor $ 14,107 $ 11,649 Landlord receivable 2,583 4,143 Insurance receivable 3,535 770 Other 5,003 3,862 Total $ 25,228 $ 20,424

Prepaid Expenses and Other Cu34

Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
Prepaid Expenses and Other Current Assets (Tables)	Jan. 01, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Summary of Prepaid Expenses and Other Current Assets	A summary of prepaid expenses and other current assets is as follows: As Of January 1, 2017 January 3, 2016 Prepaid expenses $ 19,259 $ 16,974 Income tax receivable 2,148 5,852 Other current assets 462 462 Total $ 21,869 $ 23,288

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
Property and Equipment (Tables)	Jan. 01, 2017
Property Plant And Equipment [Abstract]
Summary of Property and Equipment, Net	A summary of property and equipment, net is as follows: As Of January 1, 2017 January 3, 2016 Buildings $ 130,821 $ 115,925 Furniture, fixtures and equipment 400,724 317,015 Leasehold improvements 321,730 260,039 Construction in progress 49,263 38,627 Total property and equipment 902,538 731,606 Accumulated depreciation and amortization (297,878 ) (237,539 ) Property and equipment, net $ 604,660 $ 494,067
Summary of Leased Property and Equipment under Capital and Financing Lease Obligations	A summary of leased property and equipment under capital and financing lease obligations is as follows: As Of January 1, 2017 January 3, 2016 Capital Leases—Buildings Gross asset balance $ 11,338 $ 11,338 Accumulated depreciation (3,133 ) (2,249 ) Net $ 8,205 $ 9,089 Financing Leases Gross asset balance 135,946 117,197 Accumulated depreciation (14,681 ) (11,819 ) Net $ 121,265 $ 105,378

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
Intangible Assets (Tables)	Jan. 01, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of Activity and Balances in Intangible Assets	A summary of the activity and balances in intangible assets is as follows: Balance at December 28, 2014 Additions (1) Other Balance at January 3, 2016 Gross Intangible Assets Indefinite-lived trade names $ 182,937 $ — $ — $ 182,937 Indefinite-lived liquor licenses 2,023 — — 2,023 Finite-lived trade names 1,800 — — 1,800 Leasehold interests 12,574 5,726 — 18,300 Total intangible assets $ 199,334 $ 5,726 $ — $ 205,060 Accumulated Amortization Finite-lived trade names $ (465 ) $ (180 ) $ — $ (645 ) Leasehold interests (4,693 ) (1,121 ) — (5,814 ) Total accumulated amortization $ (5,158 ) $ (1,301 ) $ — $ (6,459 ) Balance at January 3, 2016 Additions (2) Other Balance at January 1, 2017 Gross Intangible Assets Indefinite-lived trade names $ 182,937 $ — $ — $ 182,937 Indefinite-lived liquor licenses 2,023 — — 2,023 Finite-lived trade names 1,800 — — 1,800 Leasehold interests 18,300 473 — 18,773 Total intangible assets $ 205,060 $ 473 $ — $ 205,533 Accumulated Amortization Finite-lived trade names $ (645 ) $ (180 ) $ — $ (825 ) Leasehold interests (5,814 ) (1,286 ) — (7,100 ) Total accumulated amortization $ (6,459 ) $ (1,466 ) $ — $ (7,925 ) (1) Additions during 2015 represent the amount paid for four leases acquired. (2) Additions during 2016 represent leasehold interests as a result of adjustments to the leases acquired in 2015 and a lease acquired in 2016.
Summary of Future Amortization Associated with Net Carrying Amount of Finite-Lived Intangible Assets	Future amortization associated with the net carrying amount of finite-lived intangible assets is as follows: 2017 1,402 2018 1,402 2019 1,386 2020 1,375 2021 1,339 Thereafter 5,744 Total amortization $ 12,648

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
Other Assets (Tables)	Jan. 01, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Summary of Other Assets	A summary of other assets is as follows: As Of January 2017 January 3, 2016 Insurance deposits $ — $ 15,319 Other 5,521 3,684 Total $ 5,521 $ 19,003

Accrued Salaries and Benefits (

Accrued Salaries and Benefits (Tables)	12 Months Ended
Accrued Salaries and Benefits (Tables)	Jan. 01, 2017
Payables And Accruals [Abstract]
Summary of Accrued Salaries and Benefits	A summary of accrued salaries and benefits is as follows: As Of January 1, 2017 January 3, 2016 Accrued payroll $ 12,972 $ 10,988 Bonuses 8,168 9,728 Vacation 10,633 8,916 Other 1,086 1,085 Total $ 32,859 $ 30,717

Other Accrued Liabilities (Tabl

Other Accrued Liabilities (Tables)	12 Months Ended
Other Accrued Liabilities (Tables)	Jan. 01, 2017
Payables And Accruals [Abstract]
Summary of Other Accrued Liabilities	A summary of other accrued liabilities is as follows: As Of January 1, 2017 January 3, 2016 Workers’ compensation / general liability reserves $ 12,406 $ 11,295 Gift cards 12,264 10,616 Sales and use tax liabilities 8,752 7,038 Medical insurance claim reserves 6,754 6,064 Unamortized lease incentives 6,233 5,190 Accrued occupancy related (CAM, property taxes, etc.) 5,851 4,689 Other 4,116 5,361 Total $ 56,376 $ 50,253

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
Long-Term Debt (Tables)	Jan. 01, 2017
Debt Disclosure [Abstract]
Summary of Long-Term Debt	A summary of long-term debt is as follows: As Of Facility Maturity Interest January 1, 2017 January 3, 2016 Senior secured debt $450.0 million Credit Facility April 17, 2020 Variable $ 255,000 $ 160,000 Total debt 255,000 160,000 Long-term debt $ 255,000 $ 160,000

Other Long-Term Liabilities (Ta

Other Long-Term Liabilities (Tables)	12 Months Ended
Other Long-Term Liabilities (Tables)	Jan. 01, 2017
Other Liabilities Disclosure [Abstract]
Summary of Other Long-Term Liabilities	A summary of other long-term liabilities is as follows: As Of January 1, 2017 January 3, 2016 Unamortized lease incentives $ 54,176 $ 47,005 Deferred rent 24,581 19,686 Workers’ compensation / general liability reserves 22,399 15,489 Unfavorable lease liability 8,954 10,178 ARO liability 3,627 3,214 Closed store reserves 767 1,123 Other 1,696 755 Total $ 116,200 $ 97,450

Defined Contribution Plan (Tabl

Defined Contribution Plan (Tables)	12 Months Ended
Defined Contribution Plan (Tables)	Jan. 01, 2017
Postemployment Benefits [Abstract]
Total Expense Recorded for Matching under Defined Contribution Plans	Total expense recorded for the matching under the Plan: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 $ 3,354 $ 2,656 $ 1,980

Closed Store Reserves (Tables)

Closed Store Reserves (Tables)	12 Months Ended
Closed Store Reserves (Tables)	Jan. 01, 2017
Restructuring And Related Activities [Abstract]
Summary of Closed Store Reserve Activity	A summary of closed store reserve activity is as follows: As Of January 1, 2017 January 3, 2016 Beginning balance $ 2,017 $ 1,785 Additions — 1,144 Usage (998 ) (1,332 ) Adjustments 64 420 Ending balance $ 1,083 $ 2,017

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Jan. 01, 2017
Income Tax Disclosure [Abstract]
Components of Income Tax Provision	The income tax provision consists of the following: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 U.S. Federal—current $ (44,588 ) $ (51,322 ) $ (41,217 ) U.S. Federal—deferred (19,293 ) (15,155 ) (17,007 ) U.S. Federal—total (63,881 ) (66,477 ) (58,224 ) State—current (9,036 ) (9,619 ) (7,815 ) State—deferred (1,369 ) (906 ) (375 ) State—total (10,405 ) (10,525 ) (8,190 ) Total provision $ (74,286 ) $ (77,002 ) $ (66,414 )
Tax Rate Reconciliation	Income tax provision differed from the amounts computed by applying the U.S. federal income tax rate to pretax income as a result of the following: Year Ended January 1 2017 January 3, 2016 December 28, 2014 Federal statutory rate 35.00 % 35.00 % 35.00 % Increase in income taxes resulting from: State income taxes, net of federal benefit 3.73 3.82 3.78 Other, net (1.32 ) (1.44 ) (0.63 ) Effective tax rate 37.41 % 37.38 % 38.15 %
Components of Deferred Tax Assets and Deferred Tax Liabilities	Significant components of the Company’s deferred tax assets and deferred tax liabilities are as follows: As Of January 1, 2017 January 3, 2016 Deferred tax assets Employee benefits $ 26,650 $ 20,298 Tax credits 408 409 Lease related 84,744 80,172 Other accrued liabilities 9,986 8,070 Charitable contribution carryforward 15,928 14,574 Inventories and other 2,087 1,202 Total gross deferred tax assets 139,803 124,725 Deferred tax liabilities Depreciation and amortization (137,230 ) (111,402 ) Intangible assets (21,021 ) (11,377 ) Other (815 ) (546 ) Total gross deferred tax liabilities (159,066 ) (123,325 ) Net deferred tax (liability) / asset $ (19,263 ) $ 1,400
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: As Of January 1 2017 January 3, 2016 December 28, 2014 Beginning balance $ 737 $ 626 $ 410 Additions based on tax positions related to the current year 104 114 216 Reductions for tax positions for prior years (22 ) (3 ) — Ending balance $ 819 $ 737 $ 626

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Jan. 01, 2017
Commitments And Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Obligations for Operating Leases	Future minimum lease obligations for operating leases with initial terms in excess of one year at January 1, 2017 are as follows: 2017 $ 126,899 2018 137,105 2019 134,383 2020 131,279 2021 127,009 Thereafter 793,815 Total payments $ 1,450,490
Schedule of Subtenant Agreements	The Company has subtenant agreements under which it will receive rent as follows: 2017 $ 1,436 2018 1,230 2019 911 2020 864 2021 682 Thereafter 1,620 Total subtenant rent $ 6,743
Schedule of Future Minimum Lease Payments Required by All Capital and Financing Leases	As of January 1, 2017, future minimum lease payments required by all capital and financing leases during the initial lease term are as follows: Fiscal Year Capital Leases Financing Leases 2017 $ 1,451 $ 14,167 2018 1,451 14,447 2019 1,294 13,982 2020 1,194 13,990 2021 1,194 13,241 Thereafter 7,710 50,457 Total 14,294 120,284 Plus balloon payment (financing leases) — 86,397 Less amount representing interest (4,473 ) (93,892 ) Net present value of capital and financing lease obligations 9,821 112,789 Less current portion (771 ) (4,321 ) Total long-term $ 9,050 $ 108,468

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
Capital Stock (Tables)	Jan. 01, 2017
Equity [Abstract]
Schedule of Options Exercised in Exchange for Issuance of Shares of Common Stock	The following table outlines the options exercised in exchange for the issuance of shares of common stock during 2016, 2015, and 2014. Year Ended January 1, 2017 January 3, 2016 December 28, 2014 (1) Options exercised 565,568 1,773,518 4,216,774 (1) The total options exercised in 2014 includes a total of 2,340,639 options exercised in connection with the sale of the underlying shares of common stock in our April and August 2014 secondary stock offerings.
Schedule of Share Repurchase Programs Authorized by Board and Related Repurchase Activity and Available Authorized	The following table outlines the share repurchase programs authorized by the Board, and the related repurchase activity and available authorization as of January 1, 2017. Effective date Expiration date Amount authorized Cost of repurchases Authorization available (in thousands) November 4, 2015 November 4, 2017 $ 150,000 $ 150,000 $ — September 6, 2016 December 31, 2017 250,000 170,000 80,000
Schedule of Share Repurchase Activity under Share Repurchase Programs	Share repurchase activity under the Company’s repurchase programs for the periods indicated was as follows: Year Ended January 1, 2017 January 3, 2016 Number of common shares acquired 13,242,483 1,068,279 Average price per common share acquired $ 22.22 $ 24.09 Total cost of common shares acquired (in thousands) $ 294,265 $ 25,735

Net Income Per Share (Tables)

Net Income Per Share (Tables)	12 Months Ended
Net Income Per Share (Tables)	Jan. 01, 2017
Earnings Per Share [Abstract]
Summary of Reconciliation of Numerators and Denominators of Basic and Diluted Net Income Per Share	A reconciliation of the numerators and denominators of the basic and diluted net income per share calculations is as follows (in thousands, except per share amounts): Year Ended January 1, 2017 January 3, 2016 December 28, 2014 Basic net income per share: Net income $ 124,306 $ 128,991 $ 107,692 Weighted average shares outstanding 147,311 153,099 149,751 Basic net income per share $ 0.84 $ 0.84 $ 0.72 Diluted net income per share: Net income $ 124,306 $ 128,991 $ 107,692 Weighted average shares outstanding 147,311 153,099 149,751 Dilutive effect of equity-based awards: Assumed exercise of options to purchase shares 2,232 2,737 4,570 Restricted Stock Units 58 37 7 Restricted Stock Awards 17 — — Performance Share Awards 35 4 — Weighted average shares and equivalent shares outstanding 149,653 155,877 154,328 Diluted net income per share $ 0.83 $ 0.83 $ 0.70

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
Equity-Based Compensation (Tables)	Jan. 01, 2017
Estimated Fair Values of Options Granted	The estimated fair values of options granted during 2016, 2015 and 2014 range from $5.79 to $10.66, and were calculated using the following assumptions: 2016 2015 2014 Dividend yield 0.00 % 0.00 % 0.00 % Expected volatility 33.92% 30.61% to 32.51% 31.19% to 32.19% Risk free interest rate 1.18% to 1.32% 1.44% to 1.67% 1.20% to 1.33% Expected term, in years 3.53 to 4.50 4.31 4.31
Summary of Grant Date Weighted Average Fair Value of Options Granted and Options Forfeited	The following table summarizes grant date weighted average fair value of options granted and options forfeited: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 Grant date weighted average fair value of options granted $ 7.43 $ 6.22 $ 10.39 Grant date weighted average fair value of options forfeited $ 8.60 $ 5.36 $ 6.79
Summary of Option Activity	The following table summarizes option activity during 2016: Number of Options (1) Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding at January 3, 2016 6,636,031 $ 10.55 Granted 742,718 26.10 Forfeited (55,823 ) 30.70 Exercised (565,568 ) 4.84 $ 12,258 Outstanding at January 1, 2017 6,757,358 12.57 3.20 $ 60,589 Exercisable—January 1, 2017 5,552,033 9.88 2.65 $ 60,589 Vested/Expected to vest—January 1, 2017 6,736,965 $ 12.53 3.19 $ 60,589 (1) Outstanding balance at January 3, 2016 presented above does not coincide with outstanding balance at January 3, 2016 presented in the 2015 10-K filing due to the nullity of certain equity awards granted in connection with the appointments of the Company’s Chief Executive Officer and President & Chief Operating Officer in August 2015
Summary of Weighted Average Grant Date Fair Value of RSUs Awarded	The following table summarizes the weighted average grant date fair value of RSUs awarded during 2016, 2015, and 2014: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 RSUs awarded $ 27.93 $ 33.25 $ 38.80
Summary of RSUs Activity	The following table summarizes RSU activity during 2016: Number of RSUs Weighted Average Grant Date Fair Value Outstanding at January 3, 2016 142,783 $ 35.26 Awarded 237,005 27.93 Released (70,522 ) 36.29 Forfeited (34,878 ) 28.93 Outstanding at January 1, 2017 274,388 $ 29.47
Summary of PSA Activity	The following table summarizes PSA activity during 2016: Number of PSAs Weighted Average Grant Date Fair Value Outstanding at January 3, 2016 70,139 34.33 Awarded 92,942 28.21 Released — — Forfeited (4,145 ) 34.33 Outstanding at January 1, 2017 158,936 30.75
Summary of RSAs Activity	The following table summarizes RSA activity during 2016: Number of RSAs Weighted Average Grant Date Fair Value Outstanding at January 3, 2016 — — Awarded 217,852 $ 24.48 Released (30,751 ) 24.48 Forfeited — — Outstanding at January 1, 2017 187,101 $ 24.48
Summary of Equity-Based Compensation Expense	Equity-Based Compensation Expense Equity-based compensation expense was as follows: Year Ended January 1, 2017 January 3, 2016 December 28, 2014 Cost of sales, buying and occupancy $ 965 $ 681 $ 695 Direct store expenses 1,345 1,103 788 Selling, general and administrative expenses 11,089 6,234 3,872 Total equity-based compensation expense $ 13,399 $ 8,018 $ 5,355
Summary of Total Unrecognized Compensation Expense Related to Outstanding Equity-Based Awards	As of January 1, 2017, total unrecognized compensation expense related to outstanding equity-based awards was as follows: As of January 1, 2017 Options $ 7,377 RSUs 4,569 PSAs 548 RSAs 3,764 Total unrecognized compensation expense $ 16,258
Summary of Total Remaining Weighted Average Recognition Period Related to Outstanding Equity-Based Awards	As of January 1, 2017, the total remaining weighted average recognition period related to outstanding equity-based awards was as follows: As of January 1, 2017 Options 1.63 RSUs 1.43 PSAs 1.56 RSAs 1.49
2013 Incentive Plan [Member]
Summary of Awards Granted to Officers and Team Members	The Company granted to certain officers and team members the following awards during 2014, under the 2013 Incentive Plan: Grant Date Award Type Shares of common stock Exercise Price Grant date fair value March 4, 2014 Options 320,041 $ 39.01 $ 10.66 RSUs 108,980 — $ 39.01 May 19, 2014 Options 37,047 $ 28.50 $ 8.07 RSUs 2,174 — $ 28.50 T he Company granted to certain officers and team members the following awards during 2015, under the 2013 Incentive Plan: Grant Date Award Type Shares of common stock Exercise Price Grant date fair value March 11, 2015 Options 277,833 $ 34.33 $ 9.42 RSUs 87,394 — $ 34.33 PSAs 71,753 — $ 34.33 May 21, 2015 Options 14,492 $ 30.30 $ 8.28 RSUs 3,896 — $ 30.30 August 11, 2015 Options 2,138,899 $ 20.98 $ 5.79 RSUs 5,660 — $ 20.98 November 10, 2015 Options 4,431 $ 23.26 $ 6.77 . RSUs 1,370 — $ 23.26 The Company granted to certain officers and team members the following awards during 2016, under the 2013 Incentive Plan: Grant Date Award Type Shares of common stock Exercise Price Grant date fair value March 4, 2016 Options 318,156 $ 28.21 $ 8.59 RSUs 213,767 — $ 28.21 PSAs 92,942 — $ 28.21 April 11, 2016 Options 4,627 $ 27.69 $ 8.32 RSUs 1,335 — $ 27.69 May 9, 2016 RSUs 14,404 — $ 26.65 May 23, 2016 Options 419,935 $ 24.48 $ 6.54 RSAs 217,852 — $ 24.48 August 18, 2016 RSUs 7,499 — $ 22.44

Organization and Description 49

Organization and Description of Business - Additional Information (Detail)	Jan. 01, 2017StoreState
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Operating stores \| Store	253
Number of states entity operates \| State	13

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Detail)	12 Months Ended
Basis of Presentation - Additional Information (Detail)	Jan. 01, 2017Segment
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of reportable segment	1
Number of operating segment	1

Basis of Presentation - Summary

Basis of Presentation - Summary of Sales by as Perishable and Non-Perishable (Detail) - Sales Revenue, Goods, Net [Member] - Product Concentration Risk [Member]	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Perishables [Member]
Revenue from External Customer [Line Items]
Percentage of perishable and non-perishable sales mix	50.40%	50.80%	50.80%
Non-Perishables [Member]
Revenue from External Customer [Line Items]
Percentage of perishable and non-perishable sales mix	49.60%	49.20%	49.20%

Significant Accounting Polici52

Significant Accounting Policies - Additional Information (Detail)	May 29, 2012	Jan. 01, 2017USD ($)Store	Jan. 03, 2016USD ($)Store	Dec. 28, 2014USD ($)
Summary Of Significant Accounting Policy [Line Items]
Fiscal period duration		364 days	371 days	364 days
Impairment, goodwill		$ 0	$ 0	$ 0
Impairment, intangible asset		0	0	0
Impairment, long lived assets		0	0	0
Contingent rent expense		$ 1,800,000	$ 1,800,000	1,600,000
Number of store building leases for which financing lease obligations recorded \| Store		43	38
Advertising expense, net of rebates		$ 37,000,000	$ 32,000,000	26,100,000
Losses on extinguishment of debt percentage		10.00%
Loss on extinguishment of debt		$ 0	$ (5,481,000)	(1,138,000)
Percentage of income tax to be realized		50.00%
Term Loan [Member]
Summary Of Significant Accounting Policy [Line Items]
Voluntary principal payment of term loan				50,000,000
Write-off of deferred financing costs				$ 1,100,000
Cost of Goods, Total [Member] \| Supplier Concentration Risk [Member]
Summary Of Significant Accounting Policy [Line Items]
Percentage of supplier accountability on total purchase		33.00%	31.00%	31.00%
Construction in progress leased store [Member]
Summary Of Significant Accounting Policy [Line Items]
Number of store building leases for which financing lease obligations recorded \| Store		2
Trade name [Member]
Summary Of Significant Accounting Policy [Line Items]
Weighted average useful life		5 years 4 months 24 days
Sunflower Farmers Markets, Inc. [Member] \| Trade name [Member]
Summary Of Significant Accounting Policy [Line Items]
Weighted average useful life	10 years
Inventory Valuation Reserve [Member]
Summary Of Significant Accounting Policy [Line Items]
Allowances or reserves for inventories		$ 0	$ 0

Significant Accounting Polici53

Significant Accounting Policies - Amounts Due from Banks (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Cash And Cash Equivalents [Abstract]
Due from banks for debit and credit card transactions	$ 43,015	$ 51,309

Significant Accounting Polici54

Significant Accounting Policies - Estimated Useful Lives of Asset Classes (Detail)	12 Months Ended
	Jan. 01, 2017
Software [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Computer hardware [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Furniture, fixtures and equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years
Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	40 years
Maximum [Member] \| Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	15 years

Significant Accounting Polici55

Significant Accounting Policies - Reconciliation of Asset Retirement Obligations Liability (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016
Asset Retirement Obligation Disclosure [Abstract]
Beginning balance	$ 3,214	$ 2,952
Additions for new facilities	233	245
Accretion expense	201	169
Adjustments	(21)	(152)
Ending balance	$ 3,627	$ 3,214

Accounts Receivable - Summary o

Accounts Receivable - Summary of Accounts Receivable (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Receivables [Abstract]
Vendor	$ 14,107	$ 11,649
Landlord receivable	2,583	4,143
Insurance receivable	3,535	770
Other	5,003	3,862
Total	$ 25,228	$ 20,424

Accounts Receivable - Additiona

Accounts Receivable - Additional Information (Detail) - USD ($) $ in Millions	Jan. 01, 2017	Jan. 03, 2016
Vendor [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for vendor receivables	$ 0.1	$ 0.1

Prepaid Expenses and Other Cu58

Prepaid Expenses and Other Current Assets - Summary of Prepaid Expenses and Other Current Assets (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Prepaid expenses	$ 19,259	$ 16,974
Income tax receivable	2,148	5,852
Other current assets	462	462
Total	$ 21,869	$ 23,288

Property and Equipment - Summar

Property and Equipment - Summary of Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Property Plant And Equipment Net [Abstract]
Buildings	$ 130,821	$ 115,925
Furniture, fixtures and equipment	400,724	317,015
Leasehold improvements	321,730	260,039
Construction in progress	49,263	38,627
Total property and equipment	902,538	731,606
Accumulated depreciation and amortization	(297,878)	(237,539)
Property and equipment, net	$ 604,660	$ 494,067

Property and Equipment - Summ60

Property and Equipment - Summary of Leased Property and Equipment under Capital and Financing Lease Obligations (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Capital Leases-Buildings [Member]
Property, Plant and Equipment [Line Items]
Gross asset balance	$ 11,338	$ 11,338
Accumulated depreciation	(3,133)	(2,249)
Net	8,205	9,089
Financing leases [Member]
Property, Plant and Equipment [Line Items]
Gross asset balance	135,946	117,197
Accumulated depreciation	(14,681)	(11,819)
Net	$ 121,265	$ 105,378

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Property Plant And Equipment Net [Abstract]
Depreciation expense	$ 80.2	$ 69.1	$ 60.5

Intangible Assets - Summary of

Intangible Assets - Summary of Activity and Balances in Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016
Intangible Assets [Line Items]
Gross Intangible Assets, Beginning Balance	$ 205,060	$ 199,334
Gross Intangible Assets, Additions	473	5,726
Gross Intangible Assets, Other	0	0
Gross Intangible Assets, Ending Balance	205,533	205,060
Accumulated Amortization, Beginning Balance	(6,459)	(5,158)
Accumulated Amortization, Additions	(1,466)	(1,301)
Accumulated Amortization, Other	0	0
Accumulated Amortization, Ending Balance	(7,925)	(6,459)
Trade name [Member]
Intangible Assets [Line Items]
Finite-lived Gross Intangible Assets, Beginning Balance	1,800	1,800
Finite-lived Gross Intangible Assets, Additions	0	0
Finite-lived Gross Intangible Assets, Other	0	0
Finite-lived Gross Intangible Assets, Ending Balance	1,800	1,800
Accumulated Amortization, Beginning Balance	(645)	(465)
Accumulated Amortization, Additions	(180)	(180)
Accumulated Amortization, Other	0	0
Accumulated Amortization, Ending Balance	(825)	(645)
Leasehold interests [Member]
Intangible Assets [Line Items]
Finite-lived Gross Intangible Assets, Beginning Balance	18,300	12,574
Finite-lived Gross Intangible Assets, Additions	473	5,726
Finite-lived Gross Intangible Assets, Other	0	0
Finite-lived Gross Intangible Assets, Ending Balance	18,773	18,300
Accumulated Amortization, Beginning Balance	(5,814)	(4,693)
Accumulated Amortization, Additions	(1,286)	(1,121)
Accumulated Amortization, Other	0	0
Accumulated Amortization, Ending Balance	(7,100)	(5,814)
Indefinite-lived trade names [Member]
Intangible Assets [Line Items]
Indefinite-lived Gross Intangible Assets, Beginning Balance	182,937	182,937
Indefinite-lived Gross Intangible Assets, Additions	0	0
Indefinite-lived Gross Intangible Assets, Other	0	0
Indefinite-lived Gross Intangible Assets, Ending Balance	182,937	182,937
Liquor licenses [Member]
Intangible Assets [Line Items]
Indefinite-lived Gross Intangible Assets, Beginning Balance	2,023	2,023
Indefinite-lived Gross Intangible Assets, Additions	0	0
Indefinite-lived Gross Intangible Assets, Other	0	0
Indefinite-lived Gross Intangible Assets, Ending Balance	$ 2,023	$ 2,023

Intangible Assets - Summary o63

Intangible Assets - Summary of Activity and Balances in Intangible Assets (Parenthetical) (Detail)	12 Months Ended
	Jan. 01, 2017Lease
Intangible Assets Gross Excluding Goodwill [Abstract]
Number of lease purchased	4

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 1.5	$ 1.3	$ 1.3
Leasehold interests [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	10 years 9 months 18 days
Trade name [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	5 years 4 months 24 days

Intangible Assets - Summary o65

Intangible Assets - Summary of Future Amortization Associated with Net Carrying Amount of Finite-Lived Intangible Assets (Detail) $ in Thousands	Jan. 01, 2017USD ($)
Finite Lived Intangible Assets Future Amortization Expense [Abstract]
2,017	$ 1,402
2,018	1,402
2,019	1,386
2,020	1,375
2,021	1,339
Thereafter	5,744
Total amortization	$ 12,648

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($)	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	$ 368,078,000	$ 368,078,000	$ 368,100,000
Accumulated goodwill impairment losses	$ 0	$ 0	$ 0

Other Assets - Summary of Other

Other Assets - Summary of Other Assets (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Insurance deposits		$ 15,319
Other	$ 5,521	3,684
Total	$ 5,521	$ 19,003

Accrued Salaries and Benefits -

Accrued Salaries and Benefits - Summary of Accrued Salaries and Benefits (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Payables And Accruals [Abstract]
Accrued payroll	$ 12,972	$ 10,988
Bonuses	8,168	9,728
Vacation	10,633	8,916
Other	1,086	1,085
Total	$ 32,859	$ 30,717

Other Accrued Liabilities - Sum

Other Accrued Liabilities - Summary of Other Accrued Liabilities (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Payables And Accruals [Abstract]
Workers’ compensation / general liability reserves	$ 12,406	$ 11,295
Gift cards	12,264	10,616
Sales and use tax liabilities	8,752	7,038
Medical insurance claim reserves	6,754	6,064
Unamortized lease incentives	6,233	5,190
Accrued occupancy related (CAM, property taxes, etc.)	5,851	4,689
Other	4,116	5,361
Total	$ 56,376	$ 50,253

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016
Debt Instrument [Line Items]
Total debt	$ 255,000	$ 160,000
Long-term debt	255,000	160,000
Senior Lien [Member] \| Secured Debt [Member] \| $450.0 million Credit Facility [Member]
Debt Instrument [Line Items]
Total debt	$ 255,000	$ 160,000
Debt instrument maturity	Apr. 17, 2020
Debt instrument, Interest Rate	Variable

Long-Term Debt - Summary of L71

Long-Term Debt - Summary of Long-Term Debt (Parenthetical) (Detail) - Senior Lien [Member] - Secured Debt [Member]	Jan. 01, 2017USD ($)
Debt Instrument [Line Items]
Debt instrument face amount	$ 260,000,000
$450.0 million Credit Facility [Member]
Debt Instrument [Line Items]
Debt instrument face amount	$ 450,000,000

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($)	12 Months Ended
Long-Term Debt - Additional Information (Detail) - USD ($)	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014	Sep. 06, 2016	Apr. 17, 2015
Debt Instrument [Line Items]
Repayment of Term Loan		$ 261,250,000	$ 57,000,000
Loss on extinguishment of debt	$ 0	(5,481,000)	$ (1,138,000)
Borrowings under credit facilities	$ 255,000,000
Participation fee	1.25%
Issuance fee	0.125%
Credit facility termination date	Apr. 17, 2020
Principal payments on the Credit Facility	$ 100,000,000
Borrowings during the period	$ 105,000,000	260,000,000
Maximum [Member]
Debt Instrument [Line Items]
Net leverage ratio	300.00%
Minimum [Member]
Debt Instrument [Line Items]
Interest coverage ratio	175.00%
September 6, 2016 Share Repurchase Program [Member]
Debt Instrument [Line Items]
Principal payments on the Credit Facility	$ 10,000,000
Shares authorized to be repurchased	250,000,000			$ 250,000,000
Senior Lien [Member] \| Secured Debt [Member]
Debt Instrument [Line Items]
Debt instrument face amount	260,000,000
Loss on extinguishment of debt		$ (5,500,000)
Letters of credit issued	$ 24,800,000
Line of credit interest rate terms	Either at adjusted LIBOR plus 1.25% per annum, or a base rate plus 0.25% per annum. The interest rate margins are subject to adjustment pursuant to a pricing grid based on the Company’s total gross leverage ratio, as defined in the Credit Agreement.
Credit facility unused commitment fee percentage	0.15%
Senior Lien [Member] \| Secured Debt [Member] \| LIBOR [Member]
Debt Instrument [Line Items]
Interest rate spread on base rate	1.25%
Senior Lien [Member] \| Secured Debt [Member] \| Alternate Base Rate [Member]
Debt Instrument [Line Items]
Interest rate spread on base rate	0.25%
Senior Lien [Member] \| Secured Debt [Member] \| Former Term Loan [Member]
Debt Instrument [Line Items]
Repayment of Term Loan	$ 257,800,000
Senior Lien [Member] \| Secured Debt [Member] \| Swingline Loan Subfacility [Member]
Debt Instrument [Line Items]
Debt instrument face amount	15,000,000
Senior Lien [Member] \| Secured Debt [Member] \| $450.0 million Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity					$ 450,000,000
Debt instrument face amount	450,000,000
Capitalized total debt issuance costs	$ 2,300,000
Senior Lien [Member] \| Secured Debt [Member] \| Former Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt instrument face amount					60,000,000
Borrowings under credit facilities					$ 0

Other Long-Term Liabilities - S

Other Long-Term Liabilities - Summary of Other Long-Term Liabilities (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014	Dec. 31, 2012	Dec. 31, 2011
Other Liabilities Disclosure [Abstract]
Unamortized lease incentives	$ 54,176	$ 47,005
Deferred rent	24,581	19,686
Workers’ compensation / general liability reserves	22,399	15,489
Unfavorable lease liability	8,954	10,178		$ 16,700	$ 16,700
ARO liability	3,627	3,214	$ 2,952
Closed store reserves	767	1,123
Other	1,696	755
Total	$ 116,200	$ 97,450

Other Long-Term Liabilities - A

Other Long-Term Liabilities - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016	Dec. 31, 2012	Dec. 31, 2011
Other Liabilities Disclosure [Abstract]
Unfavorable leasehold interest	$ 8,954	$ 10,178	$ 16,700	$ 16,700

Self-Insurance Programs - Addit

Self-Insurance Programs - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Insurance [Line Items]
Accounts receivable	$ 25,228	$ 20,424
Insurance Receivable [Member]
Insurance [Line Items]
Accounts receivable	5,800	800
Expected accounts receivables	3,500
Medical Insurance Receivable [Member]
Insurance [Line Items]
Accounts receivable	$ 300	$ 600

Defined Contribution Plan - Add

Defined Contribution Plan - Additional Information (Detail)	12 Months Ended
Defined Contribution Plan - Additional Information (Detail)	Jan. 01, 2017
Compensation And Retirement Disclosure [Abstract]
Matching contribution by employer	50.00%
Percentage of eligible compensation for which employer makes matching contribution	6.00%

Defined Contribution Plan - Tot

Defined Contribution Plan - Total Expense Recorded for Matching under Defined Contribution Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Compensation And Retirement Disclosure [Abstract]
Total expenses for matching under defined contribution plans	$ 3,354	$ 2,656	$ 1,980

Closed Store Reserves - Summary

Closed Store Reserves - Summary of Closed Store Reserve Activity (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016
Restructuring And Related Activities [Abstract]
Beginning balance	$ 2,017	$ 1,785
Additions		1,144
Usage	(998)	(1,332)
Adjustments	64	420
Ending balance	$ 1,083	$ 2,017

Income Taxes - Components of In

Income Taxes - Components of Income Tax Provision (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Income Tax Disclosure [Abstract]
U.S. Federal—current	$ (44,588)	$ (51,322)	$ (41,217)
U.S. Federal—deferred	(19,293)	(15,155)	(17,007)
U.S. Federal—total	(63,881)	(66,477)	(58,224)
State—current	(9,036)	(9,619)	(7,815)
State—deferred	(1,369)	(906)	(375)
State—total	(10,405)	(10,525)	(8,190)
Total provision	$ (74,286)	$ (77,002)	$ (66,414)

Income Taxes - Tax Rate Reconci

Income Taxes - Tax Rate Reconciliation (Detail)	12 Months Ended
Income Taxes - Tax Rate Reconciliation (Detail)	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Effective Income Tax Rate Continuing Operations Tax Rate Reconciliation [Abstract]
Federal statutory rate	35.00%	35.00%	35.00%
State income taxes, net of federal benefit	3.73%	3.82%	3.78%
Other, net	(1.32%)	(1.44%)	(0.63%)
Effective tax rate	37.41%	37.38%	38.15%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Income Tax Contingency [Line Items]
Effective income tax rate	37.41%	37.38%	38.15%
Excess tax benefits resulting from stock awards credited to stockholders' equity	$ 3.7	$ 20	$ 47.3
Alternative minimum tax credits			0.9
General business credit amount			1.5
Unrecognized tax benefits (tax effected) that would impact the effective tax rate if recognized	0.8	0.7
Anticipated increase in total unrecognized tax benefits during next twelve months	$ 0.1
Federal [Member]
Income Tax Contingency [Line Items]
Net operating loss carryforwards			4.4
Federal [Member] \| Earliest Tax Year [Member]
Income Tax Contingency [Line Items]
Open year for statute of limitations	2,013
Federal [Member] \| Latest Tax Year [Member]
Income Tax Contingency [Line Items]
Open year for statute of limitations	2,015
State [Member]
Income Tax Contingency [Line Items]
Net operating loss carryforwards			4.2
Income tax credits			0.4
State [Member] \| Earliest Tax Year [Member]
Income Tax Contingency [Line Items]
Open year for statute of limitations	2,012
State [Member] \| Latest Tax Year [Member]
Income Tax Contingency [Line Items]
Open year for statute of limitations	2,015
Related to Stock Award Activity in 2013 [Member]
Income Tax Contingency [Line Items]
Excess tax benefits resulting from stock awards credited to stockholders' equity		$ 0.1	$ 1.4

Income Taxes - Components of De

Income Taxes - Components of Deferred Tax Assets and Deferred Tax Liabilities (Detail) - USD ($) $ in Thousands	Jan. 01, 2017	Jan. 03, 2016
Deferred tax assets
Employee benefits	$ 26,650	$ 20,298
Tax credits	408	409
Lease related	84,744	80,172
Other accrued liabilities	9,986	8,070
Charitable contribution carryforward	15,928	14,574
Inventories and other	2,087	1,202
Total gross deferred tax assets	139,803	124,725
Deferred tax liabilities
Depreciation and amortization	(137,230)	(111,402)
Intangible assets	(21,021)	(11,377)
Other	(815)	(546)
Total gross deferred tax liabilities	(159,066)	(123,325)
Net deferred tax asset		$ 1,400
Net deferred tax (liability)	$ (19,263)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Reconciliation Of Unrecognized Tax Benefits Excluding Amounts Pertaining To Examined Tax Returns Roll Forward
Beginning balance	$ 737	$ 626	$ 410
Additions based on tax positions related to the current year	104	114	216
Reductions for tax positions for prior years	(22)	(3)
Ending balance	$ 819	$ 737	$ 626

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Detail) - USD ($)	Nov. 03, 2015	Aug. 18, 2014	Apr. 02, 2014	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Purchase of Airplane [Member]
Related Party Transaction [Line Items]
Purchases from board member	$ 7,500,000
Transaction closing period	Dec. 17, 2015
Coffee Supplier [Member]
Related Party Transaction [Line Items]
Purchases from board member				$ 9,800,000	$ 9,700,000	$ 8,300,000
Accounts payable to supplier				700,000	700,000	500,000
Accounts receivable due from vendor				0	0	0
Apollo Global Securities, LLC [Member] \| Secondary Stock Offerings [Member]
Related Party Transaction [Line Items]
Underwriting fee		$ 900,000	$ 1,300,000
Technology Supplier [Member]
Related Party Transaction [Line Items]
Purchases from board member				7,900,000	6,500,000	5,900,000
Accounts payable to supplier				300,000	400,000	700,000
Accounts receivable due from vendor				$ 0	$ 0	$ 0

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Other Commitments [Line Items]
Average remaining lease term	9 years
Rent expense charged to operations under operating leases	$ 104.8	$ 88.1	$ 72.9
Sale leaseback accounting during 2017	7.2
Future purchase commitments	$ 86
Minimum [Member]
Other Commitments [Line Items]
Leases expiration dates	2,017
Maximum [Member]
Other Commitments [Line Items]
Leases expiration dates	2,032

Commitments and Contingencies86

Commitments and Contingencies - Schedule of Future Minimum Lease Obligations for Operating Leases (Detail) $ in Thousands	Jan. 01, 2017USD ($)
Commitments And Contingencies Disclosure [Abstract]
2,017	$ 126,899
2,018	137,105
2,019	134,383
2,020	131,279
2,021	127,009
Thereafter	793,815
Total payments	$ 1,450,490

Commitments and Contingencies87

Commitments and Contingencies - Schedule of Subtenant Agreements (Detail) $ in Thousands	Jan. 01, 2017USD ($)
Commitments And Contingencies Disclosure [Abstract]
2,017	$ 1,436
2,018	1,230
2,019	911
2,020	864
2,021	682
Thereafter	1,620
Total subtenant rent	$ 6,743

Commitments and Contingencies88

Commitments and Contingencies - Schedule of Future Minimum Lease Payments Required by All Capital and Financing Leases (Detail) $ in Thousands	Jan. 01, 2017USD ($)
Capital Leases
2,017	$ 1,451
2,018	1,451
2,019	1,294
2,020	1,194
2,021	1,194
Thereafter	7,710
Total	14,294
Plus balloon payment (financing leases)	0
Less amount representing interest	(4,473)
Net present value of capital and financing lease obligations	9,821
Less current portion	(771)
Total long-term	9,050
Financing Leases
2,017	14,167
2,018	14,447
2,019	13,982
2,020	13,990
2,021	13,241
Thereafter	50,457
Total	120,284
Plus balloon payment (financing leases)	86,397
Less amount representing interest	(93,892)
Net present value of capital and financing lease obligations	112,789
Less current portion	(4,321)
Total long-term	$ 108,468

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) - USD ($)	12 Months Ended
Capital Stock - Additional Information (Detail) - USD ($)	Jan. 01, 2017	Jan. 03, 2016	Sep. 06, 2016	Nov. 04, 2015
Class of Stock [Line Items]
Common stock issued	140,256,313	152,577,884
Common stock shares outstanding	140,256,313	152,577,884
Common stock shares repurchased and retired	13,242,483	1,068,279
Preferred stock shares authorized	10,000,000	10,000,000
November 4, 2015 Share Repurchase Program [Member]
Class of Stock [Line Items]
Shares authorized to be repurchased	$ 150,000,000			$ 150,000,000
September 6, 2016 Share Repurchase Program [Member]
Class of Stock [Line Items]
Shares authorized to be repurchased	$ 250,000,000		$ 250,000,000
2013 Incentive Plan [Member]
Class of Stock [Line Items]
Common stock reserved for issuance	6,299,069
Restricted Shares [Member]
Class of Stock [Line Items]
Common stock shares outstanding	254,071

Capital Stock - Schedule of Opt

Capital Stock - Schedule of Options Exercised in Exchange for Issuance of Shares of Common Stock (Detail) - shares	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Equity [Abstract]
Options exercised	565,568	1,773,518	4,216,774

Capital Stock - Schedule of O91

Capital Stock - Schedule of Options Exercised in Exchange for Issuance of Shares of Common Stock (Parenthetical) (Detail) - shares	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Class of Stock [Line Items]
Options exercised	565,568	1,773,518	4,216,774
Secondary Stock Offerings [Member]
Class of Stock [Line Items]
Options exercised			2,340,639

Capital Stock - Schedule of Sha

Capital Stock - Schedule of Share Repurchase Programs Authorized by Board and Related Repurchase Activity and Available Authorized (Detail) - USD ($)	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Sep. 06, 2016	Nov. 04, 2015
Equity Class Of Treasury Stock [Line Items]
Cost of repurchases	$ 294,265,000	$ 25,735,000
November 4, 2015 [Member]
Equity Class Of Treasury Stock [Line Items]
Effective date	Nov. 4, 2015
Expiration date	Nov. 4, 2017
Amount authorized	$ 150,000,000			$ 150,000,000
Cost of repurchases	$ 150,000,000
September 6, 2016 [Member]
Equity Class Of Treasury Stock [Line Items]
Effective date	Sep. 6, 2016
Expiration date	Dec. 31, 2017
Amount authorized	$ 250,000,000		$ 250,000,000
Cost of repurchases	170,000,000
Authorization available	$ 80,000,000

Capital Stock - Schedule of S93

Capital Stock - Schedule of Share Repurchase Activity under Share Repurchase Programs (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016
Equity [Abstract]
Number of common shares acquired	13,242,483	1,068,279
Average price per common share acquired	$ 22.22	$ 24.09
Total cost of common shares acquired (in thousands)	$ 294,265	$ 25,735

Net Income Per Share - Summary

Net Income Per Share - Summary of Reconciliation of Numerators and Denominators of Basic and Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Basic net income per share:
Net income	$ 124,306	$ 128,991	$ 107,692
Weighted average shares outstanding	147,311	153,099	149,751
Basic net income per share	$ 0.84	$ 0.84	$ 0.72
Diluted net income per share:
Net income	$ 124,306	$ 128,991	$ 107,692
Weighted average shares outstanding	147,311	153,099	149,751
Dilutive effect of equity-based awards:
Assumed exercise of options to purchase shares	2,232	2,737	4,570
Weighted average shares and equivalent shares outstanding	149,653	155,877	154,328
Diluted net income per share	$ 0.83	$ 0.83	$ 0.70
Restricted Stock Units [Member]
Dilutive effect of equity-based awards:
Dilutive effect	58	37	7
Restricted Stock Awards [Member]
Dilutive effect of equity-based awards:
Dilutive effect	17
Performance Share Awards [Member]
Dilutive effect of equity-based awards:
Dilutive effect	35	4

Net Income Per Share - Addition

Net Income Per Share - Additional Information (Detail) - shares	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Stock option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	1,762,903	514,377	546,567
RSUs [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	14,404
Performance Stock Awards [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	92,942

Equity-Based Compensation - Sum

Equity-Based Compensation - Summary of Awards Granted to Officers and Team Members (Detail) - $ / shares	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Price	$ 26.10
Grant date fair value	$ 7.43	$ 6.22	$ 10.39
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| March 4, 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock			320,041
Exercise Price			$ 39.01
Grant date fair value			$ 10.66
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| May 19, 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock			37,047
Exercise Price			$ 28.50
Grant date fair value			$ 8.07
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| March 11, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		277,833
Exercise Price		$ 34.33
Grant date fair value		$ 9.42
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| May 21, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		14,492
Exercise Price		$ 30.30
Grant date fair value		$ 8.28
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| August 11, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		2,138,899
Exercise Price		$ 20.98
Grant date fair value		$ 5.79
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| November 10, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		4,431
Exercise Price		$ 23.26
Grant date fair value		$ 6.77
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| March 4, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	318,156
Exercise Price	$ 28.21
Grant date fair value	$ 8.59
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| April 11, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	4,627
Exercise Price	$ 27.69
Grant date fair value	$ 8.32
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Stock option [Member] \| May 23, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	419,935
Exercise Price	$ 24.48
Grant date fair value	$ 6.54
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| March 4, 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock			108,980
Grant date fair value			$ 39.01
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| May 19, 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock			2,174
Grant date fair value			$ 28.50
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| March 11, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		87,394
Grant date fair value		$ 34.33
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| May 21, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		3,896
Grant date fair value		$ 30.30
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| August 11, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		5,660
Grant date fair value		$ 20.98
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| November 10, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		1,370
Grant date fair value		$ 23.26
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| March 4, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	213,767
Grant date fair value	$ 28.21
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| April 11, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	1,335
Grant date fair value	$ 27.69
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| May 9, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	14,404
Grant date fair value	$ 26.65
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| August 18, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	7,499
Grant date fair value	$ 22.44
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Performance Stock Awards [Member] \| March 11, 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock		71,753
Grant date fair value		$ 34.33
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Performance Stock Awards [Member] \| March 4, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	92,942
Grant date fair value	$ 28.21
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSAs [Member] \| May 23, 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock	217,852
Grant date fair value	$ 24.48

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($)	May 23, 2016	Jan. 03, 2016	Mar. 31, 2016	Aug. 31, 2015	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of options exercised					$ 12,258
Income tax benefits					5,200,000	$ 3,100,000	$ 2,100,000
Proceeds from exercise of stock options					2,740,000	6,565,000	11,067,000
Tax benefits from the exercise of options					$ 3,700,000	20,000,000	47,300,000
Number of Options, Granted					742,718
Stock options awarded to employees, exercise price					$ 26.10
Total equity-based compensation expense					$ 13,399,000	$ 8,018,000	$ 5,355,000
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value					$ 27.93	$ 33.25	$ 38.80
Total grant date fair value issued		142,783			274,388	142,783
Granted date weighted average fair value issued					237,005
RSUs [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value						$ 34.33
RSUs [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value					$ 20.98
Stock option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date weighted average options issued		2,100,000			1,200,000	2,100,000	900,000
Grant date weighted average fair value of options issued but not vested		$ 6.32			$ 7.02	$ 6.32	$ 5.42
Total intrinsic value of options exercised					$ 12,300,000	$ 53,400,000	$ 161,700,000
Tax benefits from the exercise of options						100,000	$ 1,400,000
Performance Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value					$ 28.21
Performance stock awards description					Payout of the performance shares will either be 0% or range from 50% to 150% of the target number of shares granted, depending upon goal achievement.
Total grant date fair value granted					$ 2,600,000	2,500,000
Total grant date fair value released					0	0
Total grant date fair value forfeited					$ 100,000	$ 100,000
Total grant date fair value issued		100,000			100,000	100,000
Total grant date fair value issued but not released		$ 2,400,000			$ 2,600,000	$ 2,400,000
Grant date fair value not earned					30,981
Grant date fair value earned		100,000
Total grant date fair value issued		70,139			158,936	70,139
Granted date weighted average fair value issued					92,942
Performance Stock Awards [Member] \| Third Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting percentage					50.00%
Performance Stock Awards [Member] \| Second Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting percentage					50.00%
Performance Stock Awards [Member] \| Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance stock awards payout percentage of shares granted			0.00%
Performance Stock Awards [Member] \| Employee Termination [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting period					24 months
Performance Stock Awards [Member] \| Maximum [Member] \| Option Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance stock awards payout percentage of shares granted			150.00%
Performance Stock Awards [Member] \| Minimum [Member] \| Option Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance stock awards payout percentage of shares granted			50.00%
RSAs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value					$ 24.48
Total grant date fair value granted					$ 5,300,000
Total grant date fair value released					800,000
Total grant date fair value forfeited					0
Total grant date fair value issued but not released					$ 4,600,000
Total grant date fair value issued					187,101
Granted date weighted average fair value issued					217,852
RSAs [Member] \| Employee Termination [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting period					24 months
2013 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for issuance under plan					10,089,072
Common stock reserved for issuance					6,299,069
Total equity-based compensation expense	$ 1,900,000
2013 Incentive Plan [Member] \| Employee Termination [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting period					24 months
2013 Incentive Plan [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Granted				500,000
2013 Incentive Plan [Member] \| Officers and Team Members [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options expire period from grant date					7 years	7 years	7 years
Options vesting period					3 years	3 years	3 years
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting percentage					33.33%
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting percentage					33.33%	33.33%	33.33%
Options vesting period					3 years	3 years	3 years
2013 Incentive Plan [Member] \| Officers and Team Members [Member] \| RSUs [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting percentage					50.00%	50.00%	50.00%
Options vesting period					2 years	2 years	2 years
2013 Incentive Plan [Member] \| Independent Directors [Member] \| RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vesting period					1 year
2013 Incentive Plan [Member] \| Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Granted	386,496			1,200,000
Stock options awarded to employees, exercise price	$ 24.48			$ 20.98
Excess stock options granted				733,439
2013 Incentive Plan [Member] \| Chief Executive Officer [Member] \| RSAs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted date weighted average fair value issued	215,251
2013 Incentive Plan [Member] \| President & Chief Operating Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Granted	33,439			500,000
Stock options awarded to employees, exercise price	$ 24.48			$ 20.98
Excess stock options granted				33,439
2013 Incentive Plan [Member] \| President & Chief Operating Officer [Member] \| RSAs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted date weighted average fair value issued	2,601
2011 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for issuance under plan					12,100,000

Equity-Based Compensation - Est

Equity-Based Compensation - Estimated Fair Values of Options Granted (Detail)	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0.00%	0.00%	0.00%
Expected volatility, minimum	33.92%	30.61%	31.19%
Expected volatility, maximum	34.18%	32.51%	32.19%
Risk free interest rate, minimum	1.18%	1.44%	1.20%
Risk free interest rate, maximum	1.32%	1.67%	1.33%
Expected term, in years		4 years 3 months 22 days	4 years 3 months 22 days
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term, in years	3 years 6 months 11 days
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term, in years	4 years 6 months

Equity-Based Compensation - S99

Equity-Based Compensation - Summary of Grant Date Weighted Average Fair Value of Options Granted and Options Forfeited (Detail) - $ / shares	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Grant date weighted average fair value of options granted	$ 7.43	$ 6.22	$ 10.39
Grant date weighted average fair value of options forfeited	$ 8.60	$ 5.36	$ 6.79

Equity-Based Compensation - 100

Equity-Based Compensation - Summary of Option Activity (Detail) - USD ($)	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of Options, Outstanding, Beginning Balance	6,636,031
Number of Options, Granted	742,718
Number of Options, Forfeited	(55,823)
Number of Options, Exercised	(565,568)	(1,773,518)	(4,216,774)
Number of Options, Outstanding, Ending balance	6,757,358	6,636,031
Number of Options, Exercisable	5,552,033
Number of Options, Vested and Expected to vest	6,736,965
Weighted Average Exercise Price, Outstanding, Beginning balance	$ 10.55
Weighted Average Exercise Price, Granted	26.10
Weighted Average Exercise Price, Forfeited	30.70
Weighted Average Exercise Price, Exercised	4.84
Weighted Average Exercise Price, Outstanding, Ending balance	12.57	$ 10.55
Weighted Average Exercise Price, Exercisable	9.88
Weighted Average Exercise Price, Vested and Expected to vest	$ 12.53
Weighted Average Remaining Contractual Life (In Years), Outstanding	3 years 2 months 12 days
Weighted Average Remaining Contractual Life (In Years), Exercisable	2 years 7 months 24 days
Weighted Average Remaining Contractual Life (In Years), Vested and Expected to vest	3 years 2 months 9 days
Aggregate Intrinsic Value, Exercised	$ 12,258
Aggregate Intrinsic Value, Outstanding	60,589
Aggregate Intrinsic Value, Exercisable	60,589
Aggregate Intrinsic Value, Vested and Expected to vest	$ 60,589

Equity-Based Compensation - 101

Equity-Based Compensation - Summary of Option Activity (Parenthetical) (Detail) - 2013 Incentive Plan [Member]	1 Months Ended
	Aug. 31, 2015shares
Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess stock options granted	733,439
President & Chief Operating Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess stock options granted	33,439

Equity-Based Compensation - 102

Equity-Based Compensation - Summary of Weighted Average Grant Date Fair Value of RSUs Awarded (Detail) - $ / shares	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs awarded	$ 27.93	$ 33.25	$ 38.80

Equity-Based Compensation - 103

Equity-Based Compensation - Summary of RSUs Activity (Detail) - RSUs [Member] - $ / shares	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Outstanding, Beginning Balance	142,783
Number of Shares, Awarded	237,005
Number of Shares, Released	(70,522)
Number of Shares, Forfeited	(34,878)
Number of Shares, Outstanding, Ending Balance	274,388	142,783
Weighted Average Grant Date Fair Value, Beginning Balance	$ 35.26
Weighted Average Grant Date Fair Value, Awarded	27.93	$ 33.25	$ 38.80
Weighted Average Grant Date Fair Value, Released	36.29
Weighted Average Grant Date Fair Value, Forfeited	28.93
Weighted Average Grant Date Fair Value, Ending balance	$ 29.47	$ 35.26

Equity-Based Compensation - 104

Equity-Based Compensation - Summary of PSAs Activity (Detail) - Performance Stock Awards [Member]	12 Months Ended
	Jan. 01, 2017$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Outstanding, Beginning Balance \| shares	70,139
Number of Shares, Awarded \| shares	92,942
Number of Shares, Forfeited \| shares	(4,145)
Number of Shares, Outstanding, Ending Balance \| shares	158,936
Weighted Average Grant Date Fair Value, Beginning Balance \| $ / shares	$ 34.33
Weighted Average Grant Date Fair Value, Awarded \| $ / shares	28.21
Weighted Average Grant Date Fair Value, Forfeited \| $ / shares	34.33
Weighted Average Grant Date Fair Value, Ending balance \| $ / shares	$ 30.75

Equity-Based Compensation - 105

Equity-Based Compensation - Summary of RSAs Activity (Detail) - RSAs [Member]	12 Months Ended
	Jan. 01, 2017$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Awarded \| shares	217,852
Number of Shares, Released \| shares	(30,751)
Number of Shares, Outstanding, Ending Balance \| shares	187,101
Weighted Average Grant Date Fair Value, Awarded \| $ / shares	$ 24.48
Weighted Average Grant Date Fair Value, Released \| $ / shares	24.48
Weighted Average Grant Date Fair Value, Ending balance \| $ / shares	$ 24.48

Equity-Based Compensation - 106

Equity-Based Compensation - Summary of Equity-Based Compensation Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total equity-based compensation expense	$ 13,399	$ 8,018	$ 5,355
Cost of Sales, Buying and Occupancy [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total equity-based compensation expense	965	681	695
Direct Store Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total equity-based compensation expense	1,345	1,103	788
Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total equity-based compensation expense	$ 11,089	$ 6,234	$ 3,872

Equity-Based Compensation - 107

Equity-Based Compensation - Summary of Total Unrecognized Compensation Expense Related to Outstanding Equity-Based Awards (Detail) $ in Thousands	Jan. 01, 2017USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to outstanding options	$ 7,377
Total unrecognized compensation expense	16,258
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to outstanding equity-based awards other than options	4,569
Performance Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to outstanding equity-based awards other than options	548
RSAs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to outstanding equity-based awards other than options	$ 3,764

Equity-Based Compensation - 108

Equity-Based Compensation - Summary of Total Remaining Weighted Average Recognition Period Related to Outstanding Equity-Based Awards (Detail)	12 Months Ended
	Jan. 01, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining weighted average recognition period related to outstanding equity-based awards other than options	1 year 7 months 17 days
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining weighted average recognition period related to outstanding equity-based awards other than options	1 year 5 months 5 days
Performance Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining weighted average recognition period related to outstanding equity-based awards other than options	1 year 6 months 22 days
RSAs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining weighted average recognition period related to outstanding equity-based awards other than options	1 year 5 months 27 days

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) shares in Millions	1 Months Ended	2 Months Ended	12 Months Ended
	Feb. 10, 2017	Feb. 22, 2017	Jan. 01, 2017	Jan. 03, 2016	Feb. 20, 2017
Subsequent Event [Line Items]
Payments for repurchase of additional shares of common stock			$ 294,265,000	$ 25,735,000
Borrowings during the period			105,000,000	260,000,000
Principal payments on the Credit Facility			100,000,000
Debt outstanding under credit facility			$ 255,000,000	$ 160,000,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Repurchase of additional shares of common stock	4.1
Payments for repurchase of additional shares of common stock	$ 80,000,000
Subsequent Event [Member] \| February 20, 2017 Share Repurchase Program [Member]
Subsequent Event [Line Items]
Shares authorized to be repurchased					$ 250,000,000
Subsequent Event [Member] \| Credit Facility [Member]
Subsequent Event [Line Items]
Borrowings during the period	$ 60,000,000
Principal payments on the Credit Facility		$ 10,000,000
Debt outstanding under credit facility		$ 305,000,000