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Big 5 Sporting Goods (Big 5 Sporting Goods) Property, Plant and Equipment

: $312.2 Mil (As of Dec. 2023)
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Big 5 Sporting Goods's quarterly net PPE declined from Jun. 2023 ($325.4 Mil) to Sep. 2023 ($324.7 Mil) and declined from Sep. 2023 ($324.7 Mil) to Dec. 2023 ($312.2 Mil).

Big 5 Sporting Goods's annual net PPE increased from Dec. 2021 ($330.5 Mil) to Dec. 2022 ($334.3 Mil) but then declined from Dec. 2022 ($334.3 Mil) to Dec. 2023 ($312.2 Mil).


Big 5 Sporting Goods Property, Plant and Equipment Historical Data

The historical data trend for Big 5 Sporting Goods's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Big 5 Sporting Goods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 331.00 335.85 330.51 334.33 312.21

Big 5 Sporting Goods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Property, Plant and Equipment Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 334.33 325.37 325.35 324.75 312.21

Big 5 Sporting Goods Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Big 5 Sporting Goods  (NAS:BGFV) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Big 5 Sporting Goods Property, Plant and Equipment Related Terms

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Big 5 Sporting Goods (Big 5 Sporting Goods) Business Description

Traded in Other Exchanges
Address
2525 East El Segundo Boulevard, El Segundo, CA, USA, 90245
Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform.
Executives
Jeffrey L Fraley officer: Senior VP, Human Resources
Shane O Starr officer: Senior VP, Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BOULEVARD, EL SEGUNDO CA 90245
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Ian R Landgreen officer: SVP and General Counsel 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Stephen E. Carley director 6312 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Lily W Chang director 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Van B Honeycutt director 3820 STATE ST, SANTA BARBARA CA 93105
Brown Colleen B director C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Barry Emerson officer: Executive VP, CFO & Treasurer
Steven G Miller director, officer: Chairman, President and CEO
Boyd O Clark officer: Executive VP, Buying C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUND BLVD, EL SEGUNDO CA 90245
Luke D Thompson officer: Executive VP & General Counsel C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
David Jessick director 15465 SE RIVERSHORE DRIVE, VANCOUVER WA 98683
Michael P. Marrone officer: Senior VP, Store Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Sandra N Bane director