Segment Reporting

6 Months Ended

Oct. 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 673 bookstores as of October 26, 2013, primarily under the Barnes & Noble Booksellers trade name. These 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 eCommerce website, barnesandnoble.com, and its publishing operation, Sterling Publishing.

B&N College

This segment includes 695 stores as of October 26, 2013 that are primarily operated under contracts by B&N College and include sales of digital content within the higher education marketplace through NOOK Study^™. The 695 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	13 weeks ended						26 weeks ended
	October 26, 2013			October 27, 2012			October 26, 2013			October 27, 2012
B&N Retail	$	921,023		$	996,028		$	1,929,225		$	2,115,415
B&N College		737,533			773,007			963,555			993,725
NOOK		108,733			160,347			261,870			352,322
Elimination		(33,130	)		(44,850	)		(90,989	)		(123,423	)
Total	$	1,734,159		$	1,884,532		$	3,063,661		$	3,338,039

Sales by Product Line	13 weeks ended						26 weeks ended
	October 26, 2013			October 27, 2012			October 26, 2013			October 27, 2012
Media (a)		72	%		72	%		69	%		69	%
Digital (b)		7	%		9	%		9	%		11	%
Other (c)		21	%		19	%		22	%		20	%
Total		100	%		100	%		100	%		100	%

Depreciation and Amortization	13 weeks ended				26 weeks ended
	October 26, 2013		October 27, 2012		October 26, 2013		October 27, 2012
B&N Retail	$	31,994	$	38,982	$	64,218	$	79,922
B&N College		11,735		11,859		23,376		23,574
NOOK		9,955		6,772		21,089		12,152
Total	$	53,684	$	57,613	$	108,683	$	115,648

Operating Profit (Loss)	13 weeks ended						26 weeks ended
	October 26, 2013			October 27, 2012			October 26, 2013			October 27, 2012
B&N Retail	$	4,581		$	(8,803	)	$	37,118		$	26,735
B&N College		72,582			75,928			41,846			50,181
NOOK		(55,178	)		(58,196	)		(120,923	)		(120,272	)
Total	$	21,985		$	8,929		$	(41,959	)	$	(43,356	)

Capital Expenditures	13 weeks ended				26 weeks ended
	October 26, 2013		October 27, 2012		October 26, 2013		October 27, 2012
B&N Retail	$	22,733	$	13,250	$	34,379	$	22,866
B&N College		13,991		13,989		21,075		23,522
NOOK		5,126		13,257		14,683		20,565
Total	$	41,850	$	40,496	$	70,137	$	66,953

Total Assets (d)	October 26, 2013		October 27, 2012
B&N Retail	$	2,297,063	$	2,449,730
B&N College		1,400,514		1,390,218
NOOK		380,841		655,357
Total	$	4,078,418	$	4,495,305

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

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

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

(d) Excludes intercompany balances.

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

	13 weeks ended				26 weeks ended
	October 26, 2013		October 27, 2012		October 26, 2013			October 27, 2012
Reportable segments operating profit (loss)	$	21,985	$	8,929	$	(41,959	)	$	(43,356	)
Interest, net		7,555		8,122		15,107			17,064
Consolidated income (loss) before taxes	$	14,430	$	807	$	(57,066	)	$	(60,420	)