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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jan. 01, 2023
Accounting Policies [Abstract]  
Summary of Disaggregates Net Sales into Major Merchandise Categories to Depict Nature and Amount of Revenue and Related Cash Flows In accordance with ASC 606, Revenue from Contracts with Customers, the Company disaggregates net sales into the following major merchandise categories to depict the nature and amount of revenue and related cash flows:

 

 

 

 

Fiscal Year Ended

 

 

 

 

 

January 1,
2023

 

 

January 2,
2022

 

 

January 3,
2021

 

 

 

 

 

(In thousands)

 

Hardgoods

 

 

 

$

536,294

 

 

$

637,181

 

 

$

623,728

 

Athletic and sport footwear

 

 

 

 

246,302

 

 

 

279,645

 

 

 

228,311

 

Athletic and sport apparel

 

 

 

 

209,672

 

 

 

241,526

 

 

 

184,538

 

Other sales

 

 

 

 

3,270

 

 

 

3,468

 

 

 

4,635

 

Net sales

 

 

 

$

995,538

 

 

$

1,161,820

 

 

$

1,041,212

 

Schedule of Estimated Useful Life of Property and Equipment

Property and equipment are stated at cost and are being depreciated or amortized utilizing the straight-line method over the following estimated useful lives:

Land

 

Indefinite

Buildings

 

20 years

Leasehold improvements

 

Shorter of estimated useful life or term of lease

Furniture and equipment

 

3 – 10 years

Internal-use software

 

3 – 7 years