Segment Reporting

12 Months Ended

Apr. 27, 2013

Segment Reporting

19. Segment Reporting

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

B&N Retail

This segment includes 675 bookstores as of April 27, 2013, primarily under the Barnes & Noble Booksellers trade name. The 675 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 686 stores as of April 27, 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 686 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 by Segment	52 weeks ended April 27, 2013			52 weeks ended April 28, 2012			52 weeks ended April 30, 2011
B&N Retail	$	4,568,243		$	4,852,913		$	4,926,834
B&N College		1,763,248			1,743,662			1,778,159
NOOK		780,433			933,471			695,182
Elimination		(272,919	)		(400,847	)		(401,610	)
Total	$	6,839,005		$	7,129,199		$	6,998,565

Sales by Product Line	52 weeks ended April 27, 2013			52 weeks ended April 28, 2012			52 weeks ended April 30, 2011
Media (a)		67	%		66	%		70	%
Digital (b)		12	%		15	%		11	%
Other (c)		21	%		19	%		19	%
Total		100	%		100	%		100	%

Depreciation and Amortization	52 weeks ended April 27, 2013		52 weeks ended April 28, 2012		52 weeks ended April 30, 2011
B&N Retail	$	148,855	$	162,693	$	164,934
B&N College		46,849		45,343		43,148
NOOK		31,430		24,631		20,565
Total	$	227,134	$	232,667	$	228,647

Operating Profit/(Loss)	52 weeks ended April 27, 2013			52 weeks ended April 28, 2012			52 weeks ended April 30, 2011
B&N Retail	$	227,235		$	161,136		$	102,592
B&N College		64,609			70,604			70,298
NOOK		(511,848	)		(286,343	)		(229,689	)
Total	$	(220,004	)	$	(54,603	)	$	(56,799	)

Capital Expenditures	52 weeks ended April 27, 2013		52 weeks ended April 28, 2012		52 weeks ended April 30, 2011
B&N Retail	$	51,401	$	87,596	$	62,299
B&N College		38,760		40,479		35,004
NOOK		75,674		35,477		13,199
Total	$	165,835	$	163,552	$	110,502

Total Assets (d)	As of April 27, 2013		As of April 28, 2012
B&N Retail	$	2,169,678	$	2,416,318
B&N College		989,748		972,860
NOOK		573,110		385,521
Total	$	3,732,536	$	3,774,699

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

(b) Includes NOOK, related accessories, eContent and warranties.

(c) Includes Toys & Games, café products, gifts and miscellaneous other.

(d) Excludes intercompany balances.

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

	52 weeks ended April 27, 2013			52 weeks ended April 28, 2012			52 weeks ended April 30, 2011
Reportable segments operating loss	$	(220,004	)	$	(54,603	)	$	(56,799	)
Interest expense, net and amortization of deferred financing costs		(35,345	)		(35,304	)		(57,350	)
Consolidated loss before taxes	$	(255,349	)	$	(89,907	)	$	(114,149	)