Credit Facility (Notes)	9 Months Ended
Jan. 28, 2017
Credit Facility	Note 8. Credit Facility Until August 3, 2015, we were party to an amended and restated credit facility with Barnes & Noble, Inc. as the lead borrower (as amended and modified to date, the “B&N Credit Facility”). All outstanding debt under the B&N Credit Facility was recorded on Barnes & Noble’s balance sheet as of August 1, 2015. On August 3, 2015, we and certain of our subsidiaries, entered into a credit agreement (the “Credit Agreement”) with Bank of America, N.A., as administrative agent, collateral agent and swing line lender, and other lenders from time to time party thereto, under which the lenders committed to provide a five-year asset-backed revolving credit facility in an aggregate committed principal amount of $400,000 (the “BNED Credit Facility”). The Company has the option to request an increase in commitments under the BNED Credit Facility of up to $100,000 subject to certain restrictions. For additional information including interest terms and covenant requirements related to the BNED Credit Facility, refer to Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity in our Annual Report on Form 10-K for the year ended April 30, 2016. As of January 28, 2017, we had no outstanding borrowings under the BNED Credit Facility. During the 39 weeks ended January 28, 2017, we borrowed and repaid $116,100 under the BNED Credit Facility. As of January 28, 2017, we have issued $4,298 in letters of credit under the facility. On February 27, 2017, in connection to our acquisition of MBS Textbook Exchange, LLC, we entered into an agreement with our existing lenders to amend the BNED Credit Facility. For additional information, refer to Note 15. Subsequent Event.

Credit Facility (Notes)

9 Months Ended

Jan. 28, 2017

Note 8. Credit Facility

Until August 3, 2015, we were party to an amended and restated credit facility with Barnes & Noble, Inc. as the lead borrower (as amended and modified to date, the “B&N Credit Facility”). All outstanding debt under the B&N Credit Facility was recorded on Barnes & Noble’s balance sheet as of August 1, 2015.

On August 3, 2015, we and certain of our subsidiaries, entered into a credit agreement (the “Credit Agreement”) with Bank of America, N.A., as administrative agent, collateral agent and swing line lender, and other lenders from time to time party thereto, under which the lenders committed to provide a five-year asset-backed revolving credit facility in an aggregate committed principal amount of $400,000 (the “BNED Credit Facility”). The Company has the option to request an increase in commitments under the BNED Credit Facility of up to $100,000 subject to certain restrictions. For additional information including interest terms and covenant requirements related to the BNED Credit Facility, refer to Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity in our Annual Report on Form 10-K for the year ended April 30, 2016.

As of January 28, 2017, we had no outstanding borrowings under the BNED Credit Facility. During the 39 weeks ended January 28, 2017, we borrowed and repaid $116,100 under the BNED Credit Facility. As of January 28, 2017, we have issued $4,298 in letters of credit under the facility.

On February 27, 2017, in connection to our acquisition of MBS Textbook Exchange, LLC, we entered into an agreement with our existing lenders to amend the BNED Credit Facility. For additional information, refer to Note 15. Subsequent Event.