Earnings (Loss) Per Share

6 Months Ended

Oct. 29, 2011

Earnings (Loss) Per Share [Abstract]

Earnings (Loss) Per Share

(7) Earnings (Loss) per Share

In accordance with ASC 260-10-45, Share-Based Payment Arrangements and Participating Securities and the Two-Class Method, the Company's unvested restricted shares, unvested restricted stock units and shares issuable under the Company's deferred compensation plan are considered participating securities. During periods of net income, the calculation of earnings per share for common stock are reclassified to exclude the income attributable to unvested restricted shares, unvested restricted stock units and shares issuable under the Company's deferred compensation plan from the numerator and exclude the dilutive impact of those shares from the denominator. During periods of net loss, no effect is given to the participating securities because they do not share in the losses of the Company. Due to the net loss during the 13 weeks ended October 29, 2011 and October 30, 2010, participating securities in the amounts of 12,968,680 and 3,215,679, respectively, and participating securities in the amounts of 8,219,135 and 3,168,058 for the 26 weeks ended October 29, 2011 and October 30, 2010, respectively, were excluded from the calculation of earnings per share using the two-class method because the effect would be antidilutive. The Company's outstanding stock options were also excluded from the calculation of earnings per share using the two-class method because the effect would be antidilutive.

The following is a reconciliation of the Company's basic and diluted loss per share calculation:

	13 weeks ended						26 weeks ended
	October 29, 2011			October 30, 2010			October 29, 2011			October 30, 2010
Numerator for basic loss per share:
Net loss attributable to Barnes & Noble, Inc.	$	(6,563	)		(12,568	)	$	(63,169	)		(75,085	)
Accrual of preferred stock dividends		(3,118	)		—			(3,118	)		—
Accretion of dividends on preferred stock		(262	)		—			(262	)		—
Net loss available to common shareholders	$	(9,943	)		(12,568	)	$	(66,549	)		(75,085	)
Numerator for diluted loss per share:
Net loss available to common shareholders	$	(9,943	)		(12,568	)	$	(66,549	)		(75,085	)
Effect of dilutive options		—			—			—			—
Net loss available to common shareholders	$	(9,943	)		(12,568	)	$	(66,549	)		(75,085	)
Denominator for basic and diluted loss per share:
Basic weighted average common shares		57,261			56,708			57,207			56,239
Average dilutive options		—			—			—			—
Diluted weighted average common shares		57,261			56,708			57,207			56,239
Basic loss per common share
Net loss attributable to Barnes & Noble, Inc.	$	(0.17	)		(0.22	)	$	(1.16	)		(1.34	)
Diluted loss per common share
Net loss attributable to Barnes & Noble, Inc.	$	(0.17	)		(0.22	)	$	(1.16	)		(1.34	)