Segment Reporting

9 Months Ended

Jan. 26, 2013

Segment Reporting

(6) Segment Reporting

The Company’s three operating segments are: B&N Retail, B&N College and NOOK.

B&N Retail

This segment includes 677 bookstores as of January 26, 2013, primarily under the Barnes & Noble Booksellers trade name. The 677 Barnes & Noble stores generally offer a dedicated NOOK^® area, a comprehensive trade book title base, a café, and departments dedicated to Juvenile, Toys & Games, DVDs, Music, Gift, Magazine and Bargain products. The stores also offer a calendar of ongoing events, including author appearances and children’s activities. The B&N Retail segment also includes the Company’s e-Commerce website, barnesandnoble.com, and its publishing operation, Sterling Publishing.

B&N College

This segment includes 678 stores as of January 26, 2013 that are primarily school-owned stores operated under contracts by B&N College and include sales of digital content within the higher education marketplace through NOOK Study™. The 678 B&N College stores generally offer new, used, rental and digital textbooks, course-related materials, emblematic apparel and gifts, trade books, computer products, NOOK^® products and related accessories, school and dorm supplies, and convenience and café items.

NOOK

This segment includes the Company’s digital business, including the development and support of the Company’s NOOK^® product offerings. The digital business includes digital content such as eBooks, digital newsstand, apps and sales of NOOK^® devices and accessories to third party distribution partners, B&N Retail and B&N College.

Summarized financial information concerning the Company’s reportable segments is presented below:

Sales

	13 weeks ended						39 weeks ended
	January 26,			January 28,			January 26,			January 28,
	2013			2012			2013			2012
B&N Retail	$	1,505,151		$	1,677,326		$	3,620,566		$	3,800,380
B&N College		517,228			525,627			1,510,953			1,515,771
NOOK		315,965			426,595			668,287			769,854
Elimination (a)		(114,399	)		(190,424	)		(237,822	)		(336,516	)
Total	$	2,223,945		$	2,439,124		$	5,561,984		$	5,749,489

Sales by Product Line

	13 weeks ended						39 weeks ended
	January 26,			January 28,			January 26,			January 28,
	2013			2012			2013			2012
Media (b)		64	%		61	%		67	%		66	%
Digital (c)		15	%		20	%		13	%		15	%
Other (d)		21	%		19	%		20	%		19	%
Total		100	%		100	%		100	%		100	%

Depreciation and Amortization

	13 weeks ended				39 weeks ended
	January 26,		January 28,		January 26,		January 28,
	2013		2012		2013		2012
B&N Retail	$	35,107	$	42,467	$	115,029	$	122,510
B&N College		11,479		11,485		35,053		33,760
NOOK		9,175		6,321		21,327		17,429
Total	$	55,761	$	60,273	$	171,409	$	173,699

Operating Profit (Loss)

	13 weeks ended						39 weeks ended
	January 26,			January 28,			January 26,			January 28,
	2013			2012			2013			2012
B&N Retail	$	176,850		$	155,123		$	199,877		$	128,865
B&N College		22,434			23,694			72,615			82,006
NOOK		(199,578	)		(89,144	)		(319,850	)		(202,152	)
Total	$	(294	)	$	89,673		$	(47,358	)	$	8,719

Capital Expenditures

	13 weeks ended				39 weeks ended
	January 26,		January 28,		January 26,		January 28,
	2013		2012		2013		2012
B&N Retail	$	9,132	$	29,665	$	31,998	$	69,212
B&N College		6,230		8,646		29,752		30,042
NOOK		28,780		9,644		49,345		24,217
Total	$	44,142	$	47,955	$	111,095	$	123,471

Total Assets ^(e)

	January 26,		January 28,
	2013		2012
B&N Retail	$	2,162,959	$	2,013,623
B&N College		1,289,732		1,526,739
NOOK		823,570		649,511
Total	$	4,276,261	$	4,189,873

(a) Represents the elimination of intercompany sales from NOOK to Barnes & Noble Retail and Barnes & Noble College on a sell through basis.

(b) Includes tangible books, music, movies, rentals and newsstand.

(c) Includes NOOK^®, related accessories, eContent and warranties.

(d) Includes toys & games, café products, college apparel, gifts and miscellaneous other.

(e) Excludes intercompany balances.

A reconciliation of operating profit from reportable segments to income (loss) from operations before taxes in the consolidated financial statements is as follows:

	13 weeks ended					39 weeks ended
	January 26,			January 28,		January 26,			January 28,
	2013			2012		2013			2012
Reportable segments operating profit (loss)	$	(294	)	$	89,673	$	(47,358	)	$	8,719
Interest, net		8,772			8,773		25,835			26,675
Consolidated income (loss) before taxes	$	(9,066	)	$	80,900	$	(73,193	)	$	(17,956	)