The financial information included in the accompanying financial statements and notes thereto reflect the affects of the corrections and other adjustments described in the preceding discussion and tables.


Balance Sheet Data:	As of April 30, 2011
(In thousands, except per share data)	As Previously Reported			Corrections			Other Adjustments			Restated
Assets
Current assets:
Cash and cash equivalents	$	59,429			—			—		$	59,429
Receivables, net		150,294			—			—			150,294
Merchandise inventories, net		1,375,362			—			—			1,375,362
Prepaid expenses and other current assets		161,936			—			—			161,936

Total current assets	$	1,747,021			—			—		$	1,747,021

Property and equipment:
Land and land improvements		8,617			—			—			8,617
Buildings and leasehold improvements		1,204,108			—			—			1,204,108
Fixtures and equipment		1,670,488			—			—			1,670,488

		2,883,213			—			—			2,883,213
Less accumulated depreciation and amortization		2,178,562			—			—			2,178,562

Net property and equipment		704,651			—			—			704,651

Goodwill		524,113			—			—			524,113
Intangible assets, net		566,578			—			—			566,578
Other noncurrent assets		54,103			—			—			54,103

Total assets	$	3,596,466			—			—		$	3,596,466

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	949,010			(89,500	)		—		$	859,510
Accrued liabilities		474,575			14,939			52,072			541,586
Gift card liabilities		311,092			—			—			311,092

Total current liabilities		1,734,677			(74,561	)		52,072			1,712,188

Long-term debt		313,100			—			—			313,100
Deferred taxes		280,132			(26,026	)		—			254,106
Other long-term liabilities		448,647			—			(52,072	)		396,575
Shareholders’ equity:
Common stock; $.001 par value; 300,000 shares authorized; 90,465 shares issued		90			—			—			90
Additional paid-in capital		1,323,263			—			—			1,323,263
Accumulated other comprehensive loss		(11,630	)		—			—			(11,630	)
Retained earnings		562,379			100,587			—			662,966
Treasury stock, at cost, 33,410 shares		(1,054,192	)		—			—			(1,054,192	)

Total Shareholders’ equity		819,910			100,587			—			920,497

Commitments and contingencies		—			—			—			—

Total liabilities and shareholders’ equity	$	3,596,466			—			—		$	3,596,466


Balance Sheet Data:	As of April 28, 2012
(In thousands, except per share data)	As Previously Reported			Corrections			Other Adjustments			Restated
Assets
Current assets:
Cash and cash equivalents	$	54,131			—			—		$	54,131
Receivables, net		160,497			9,450			—			169,947
Merchandise inventories, net		1,561,841			—			—			1,561,841
Prepaid expenses and other current assets		221,324			—			—			221,324

Total current assets	$	1,997,793			9,450			—		$	2,007,243

Property and equipment:
Land and land improvements		2,541			—			—			2,541
Buildings and leasehold improvements		1,196,764			—			—			1,196,764
Fixtures and equipment		1,784,492			—			—			1,784,492

		2,983,797			—			—			2,983,797
Less accumulated depreciation and amortization		2,361,142			—			—			2,361,142

Net property and equipment		622,655			—			—			622,655

Goodwill		519,685			—			—			519,685
Intangible assets, net		564,054			—			—			564,054
Other noncurrent assets		61,062			—			—			61,062

Total assets	$	3,765,249			9,450			—		$	3,774,699

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	959,423			(96,200	)		—		$	863,223
Accrued liabilities		546,495			18,598			47,026			612,119
Gift card liabilities		321,362			—			—			321,362

Total current liabilities		1,827,280			(77,602	)		47,026			1,796,704

Long-term debt		324,200			—			—			324,200
Deferred taxes		268,774			(26,026	)		—			242,748
Other long-term liabilities		405,065			8,464			(47,026	)		366,503
Redeemable Preferred Shares; $.001 par value; 5,000 shares authorized; 204 shares issued		192,273			—			—			192,273

Shareholders’ equity:
Common stock; $.001 par value; 300,000 shares authorized; 91,376 shares issued		91			—			—			91
Additional paid-in capital		1,340,909			—			—			1,340,909
Accumulated other comprehensive loss		(16,635	)		—			—			(16,635	)
Retained earnings		481,574			104,614			—			586,188
Treasury stock, at cost, 33,722 shares		(1,058,282	)		—			—			(1,058,282	)

Total Shareholders’ equity		747,657			104,614			—			852,271

Commitments and contingencies		—			—			—			—

Total liabilities and shareholders’ equity	$	3,765,249			9,450			—		$	3,774,699


Statement of Operations Data:	Fiscal 2011
	As Previously Reported			Corrections			Restated
(In thousands, except per share data)
Sales	$	6,998,565			—		$	6,998,565
Cost of sales and occupancy		5,205,712			(8,460	)		5,197,252

Gross profit		1,792,853			8,460			1,801,313

Selling and administrative expenses		1,629,465			—			1,629,465
Depreciation and amortization		228,647			—			228,647

Operating income (loss)		(65,259	)		8,460			(56,799	)
Interest expense, net and amortization of deferred financing fees		(57,350	)		—			(57,350	)

Income (loss) before income taxes (benefit)		(122,609	)		8,460			(114,149	)
Income taxes (benefit)		(48,652	)		3,376			(45,276	)

Net income (loss)		(73,957	)		5,084			(68,873	)
Net loss attributable to noncontrolling interests		37			—			37

Net income (loss) attributable to Barnes & Noble, Inc.	$	(73,920	)		5,084		$	(68,836	)

Diluted income (loss) per common share

Net income (loss) attributable to Barnes & Noble, Inc.	$	(1.31	)		0.09		$	(1.22	)


Statement of Operations Data:	Fiscal 2012
	As Previously Reported			Corrections			Restated
(In thousands, except per share data)
Sales	$	7,129,199			—		$	7,129,199
Cost of sales and occupancy		5,218,383			(6,700	)		5,211,683

Gross profit		1,910,816			6,700			1,917,516

Selling and administrative expenses		1,739,452			—			1,739,452
Depreciation and amortization		232,667			—			232,667

Operating income (loss)		(61,303	)		6,700			(54,603	)
Interest expense, net and amortization of deferred financing fees		(35,304	)		—			(35,304	)

Income (loss) before income taxes (benefit)		(96,607	)		6,700			(89,907	)
Income taxes (benefit)		(27,740	)		2,673			(25,067	)

Net income (loss)	$	(68,867	)		4,027		$	(64,840	)

Diluted income (loss) per common share

Net income (loss)	$	(1.41	)		0.07		$	(1.34	)