Other Long-Term Liabilities

3 Months Ended

Jul. 30, 2011

Other Long-Term Liabilities

Other Long-Term Liabilities

(9) Other Long-Term Liabilities

Other long-term liabilities consist primarily of deferred rent and obligations under a junior seller note related to the acquisition of B&N College. The Company provides for minimum rent expense over the lease terms (including the build-out period) on a straight-line basis. The excess of such rent expense over actual lease payments (net of tenant allowances) is classified as deferred rent. Other long-term liabilities also include accrued pension liabilities and store closing expenses. The Company had the following long-term liabilities at July 30, 2011, July 31, 2010 and April 30, 2011:

	July 30, 2011		July 31, 2010		April 30, 2011
Deferred Rent	$	257,899	$	313,325	$	271,451
Junior Seller Note		150,000		150,000		150,000
Other		26,435		33,004		27,196
Total long-term liabilities	$	434,334	$	496,329	$	448,647