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Other Long-Term Liabilities
9 Months Ended
Jan. 28, 2012
Other Long-Term Liabilities [Abstract]  
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 January 28, 2012, January 29, 2011 and April 30, 2011:

 

     January 28,
2012
     January 29,
2011
     April 30,
2011
 

Deferred Rent

   $ 230,542       $ 286,417       $ 271,451   

Junior Seller Note

     150,000         150,000         150,000   

Other

     27,749         36,961         27,196   
  

 

 

    

 

 

    

 

 

 

Total long-term liabilities

   $ 408,291       $ 473,378       $ 448,647