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Academy Sports & Outdoors, Inc. – ‘10-Q’ for 7/30/22 – ‘R30’

On:  Wednesday, 9/7/22, at 4:05pm ET   ·   For:  7/30/22   ·   Accession #:  1817358-22-158   ·   File #:  1-39589

Previous ‘10-Q’:  ‘10-Q’ on 6/7/22 for 4/30/22   ·   Next:  ‘10-Q’ on 12/7/22 for 10/29/22   ·   Latest:  ‘10-Q’ on 11/30/23 for 10/28/23   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 9/07/22  Academy Sports & Outdoors, Inc.   10-Q        7/30/22   65:6M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.47M 
 2: EX-10.1     Material Contract                                   HTML     31K 
 3: EX-10.2     Material Contract                                   HTML     39K 
 4: EX-10.3     Material Contract                                   HTML    183K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     23K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     23K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     20K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     20K 
14: R1          Cover                                               HTML     70K 
15: R2          Consolidated Balance Sheets                         HTML    125K 
16: R3          Consolidated Balance Sheets (Parenthetical)         HTML     39K 
17: R4          Consolidated Statements of Income                   HTML     89K 
18: R5          Consolidated Statements of Comprehensive Income     HTML     39K 
19: R6          Consolidated Statements of Stockholders' Equity     HTML     98K 
20: R7          Consolidated Statements of Stockholders' Equity     HTML     23K 
                (Parenthetical)                                                  
21: R8          Consolidated Statements of Cash Flows               HTML    119K 
22: R9          Nature of Operations                                HTML     27K 
23: R10         Summary of Significant Accounting Policies          HTML     29K 
24: R11         Net Sales                                           HTML     61K 
25: R12         Long-Term Debt                                      HTML     45K 
26: R13         Derivative Financial Instruments                    HTML     34K 
27: R14         Fair Value Measurements                             HTML     26K 
28: R15         Property and Equipment                              HTML     37K 
29: R16         Accrued Expenses and Other Current Liabilities      HTML     40K 
30: R17         Share-Based Compensation                            HTML     42K 
31: R18         Earnings per Common Share                           HTML     50K 
32: R19         Related Party Transactions                          HTML     22K 
33: R20         Commitments and Contingencies                       HTML     25K 
34: R21         Subsequent Events                                   HTML     21K 
35: R22         Summary of Significant Accounting Policies          HTML     33K 
                (Policies)                                                       
36: R23         Net Sales (Tables)                                  HTML     60K 
37: R24         Long-Term Debt (Tables)                             HTML     39K 
38: R25         Derivative Financial Instruments (Tables)           HTML     32K 
39: R26         Property and Equipment (Tables)                     HTML     35K 
40: R27         Accrued Expenses and Other Current Liabilities      HTML     62K 
                (Tables)                                                         
41: R28         Share-Based Compensation (Tables)                   HTML     41K 
42: R29         Earnings per Common Share (Tables)                  HTML     49K 
43: R30         Nature of Operations (Details)                      HTML     53K 
44: R31         Summary of Significant Accounting Policies          HTML     31K 
                (Details)                                                        
45: R32         Net Sales - Disaggregation of Revenue (Details)     HTML     44K 
46: R33         Net Sales - Gift Card Liability (Details)           HTML     29K 
47: R34         Long-Term Debt - Schedule of Long-Term Debt         HTML     40K 
                (Details)                                                        
48: R35         Long-Term Debt - Additional Detail (Details)        HTML    101K 
49: R36         Derivative Financial Instruments - Impact of Gains  HTML     35K 
                and Losses Related to Interest Rate Swaps                        
                (Details)                                                        
50: R37         Fair Value Measurements - Additional Information    HTML     25K 
                (Details)                                                        
51: R38         Property and Equipment (Details)                    HTML     42K 
52: R39         Accrued Expenses and Other Current Liabilities      HTML     44K 
                (Details)                                                        
53: R40         Share-Based Compensation - Additional Information   HTML     41K 
                (Details)                                                        
54: R41         Share-Based Compensation - Assumptions and Grant    HTML     35K 
                Date Fair Values for Options Granted (Details)                   
55: R42         Share-Based Compensation - Units Granted (Details)  HTML     36K 
56: R43         Share-Based Compensation - Unrecognized             HTML     31K 
                Compensation Cost (Details)                                      
57: R44         Earnings per Common Share (Details)                 HTML     68K 
58: R45         Related Party Transactions (Details)                HTML     26K 
59: R46         Commitments and Contingencies (Details)             HTML     31K 
60: R47         Subsequent Events (Details)                         HTML     22K 
63: XML         IDEA XML File -- Filing Summary                      XML    107K 
61: XML         XBRL Instance -- aso-20220730_htm                    XML   1.33M 
62: EXCEL       IDEA Workbook of Financial Reports                  XLSX    101K 
10: EX-101.CAL  XBRL Calculations -- aso-20220730_cal                XML    132K 
11: EX-101.DEF  XBRL Definitions -- aso-20220730_def                 XML    359K 
12: EX-101.LAB  XBRL Labels -- aso-20220730_lab                      XML   1.09M 
13: EX-101.PRE  XBRL Presentations -- aso-20220730_pre               XML    642K 
 9: EX-101.SCH  XBRL Schema -- aso-20220730                          XSD    101K 
64: JSON        XBRL Instance as JSON Data -- MetaLinks              285±   417K 
65: ZIP         XBRL Zipped Folder -- 0001817358-22-000158-xbrl      Zip    387K 


‘R30’   —   Nature of Operations (Details)


This is an IDEA Financial Report.  [ Alternative Formats ]



 
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Nature of Operations (Details)
3 Months Ended 6 Months Ended
USD ($)
$ / shares
shares
USD ($)
$ / shares
shares
location
distributionCenter
state
shares
USD ($)
shares
USD ($)
location
distributionCenter
state
shares
USD ($)
shares
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]            
Number of retail locations | location     261   261  
Number of states | state     16   16  
Number of distribution centers | distributionCenter     3   3  
Repurchase of common stock for retirement (in shares) | shares 3,229,974   5,550,892 3,229,974 7,823,241 3,229,974
Stock repurchased and retired during period, price per share (in dollars per share) | $ / shares $ 30.96          
Equity compensation $ 24,900,000       $ 9,657,000 $ 33,205,000
Taxes paid related to net share settlement of equity awards $ 15,400,000       $ 974,000 $ 15,418,000
Accelerated equity compensation cost       $ 8,200,000    
Secondary Offering            
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]            
Number of shares issued in transaction (in shares) | shares   12,000,000        
Price per share (in dollars per share) | $ / shares   $ 20.69        
Net proceeds from sale of stock   $ 0        
Over-Allotment Option            
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]            
Number of shares issued in transaction (in shares) | shares 2,100,000 1,800,000        
Period to purchase additional shares 30 days 30 days        
May Secondary Offering            
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]            
Number of shares issued in transaction (in shares) | shares 14,000,000          
Price per share (in dollars per share) | $ / shares $ 30.96          
Net proceeds from sale of stock $ 0          
Stock repurchased and retired during period, price per share (in dollars per share) | $ / shares $ 30.96          

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:9/7/228-K
For Period end:7/30/22
7/31/2110-Q
5/10/213,  4,  8-K,  DEFA14A
2/1/214,  8-K
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/21/24  Academy Sports & Outdoors, Inc.   10-K        2/03/24  100:10M
 3/16/23  Academy Sports & Outdoors, Inc.   10-K        1/28/23   90:11M


1 Previous Filing that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/06/20  Academy Sports & Outdoors, Inc.   8-K:1,3,5,8 9/30/20    6:627K                                   Donnelley … Solutions/FA
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Filing Submission 0001817358-22-000158   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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