The Collaborative International Dictionary of English v.0.48:

Bulgy \Bul"gy\, a.
   Bulged; bulging; bending, or tending to bend, outward.
   [Colloq.]
   [1913 Webster] Bulimia

WordNet (r) 3.0 (2006):

bulgy
    adj 1: curving outward [syn: bellied, bellying, bulbous,
           bulging, bulgy, protuberant]