Other Long-Term Liabilities

6 Months Ended

Oct. 27, 2012

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, store closing expenses and long-term deferred revenues. The Company had the following long-term liabilities at October 27, 2012, October 29, 2011 and April 28, 2012:

	October 27, 2012		October 29, 2011		April 28, 2012
Deferred rent	$	203,680	$	244,227	$	220,875
Junior seller note		127,250		150,000		150,000
Other		34,036		24,696		34,190
Total long-term liabilities	$	364,966	$	418,923	$	405,065