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Segment Reporting
 12 Months Ended
Apr. 30, 2011
Segment Reporting  
Segment Reporting
19. Segment Reporting

The Company identifies its operating segments based on the way the business is managed (focusing on the financial information distributed) and the manner in which the chief operating decision maker interacts with other members of management. As a result of this assessment, the Company has determined that it has three operating segments: B&N Retail, B&N College and B&N.com.

 

B&N Retail

This segment includes 705 bookstores as of April 30, 2011, primarily under the Barnes & Noble Booksellers trade name. The 705 Barnes & Noble stores generally offer a NOOK™ (references to NOOK™ include the Company's NOOK 1st Edition™ , NOOK™ Wi-Fi 1st Edition™, NOOK Color™ and The All-New NOOK™ eBook Reader devices) Boutique/Counter, a comprehensive trade book title base, a café, a children's section, a Toys & Games department, a DVDs/BluRay department, a music department, a magazine section and a calendar of ongoing events, including author appearances and children's activities. The B&N Retail segment also includes the Company's publishing operation, Sterling Publishing.

B&N College

This group includes 636 stores as of April 30, 2011, that are primarily school-owned stores operated under contracts by B&N College. The 636 B&N College stores generally sell textbooks and course-related materials, emblematic apparel and gifts, trade books, computer products and eReaders, school and dorm supplies, and convenience and café items.

B&N.com

This segment includes the Company's online business, which includes the Company's eCommerce site and features an eBookstore and digital newsstand. Additionally, this segment includes the development and support of the Company's NOOK™ product offering. These products enable customers to buy and read eBooks on the widest range of platforms, including NOOK™ eBook Readers, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK™ software.

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

 

Sales

    52 weeks
ended
April 30,
2011		      52 weeks
ended May 1,
2010		      13 weeks
ended May 2,
2009		      52 weeks
ended
January 31,
2009		  

B&N Retail

    $ 4,364,246       $ 4,401,343       $ 1,012,077       $ 4,652,666   

B&N College (a)

      1,776,223         833,648         —           —     

B&N.com

      858,096         572,763         93,075         469,138   
                                   

Total

    $ 6,998,565       $ 5,807,754       $ 1,105,152       $ 5,121,804   
                                   

Depreciation and

Amortization

    52 weeks
ended
April 30,
2011		      52 weeks
ended May 1,
2010		      13 weeks
ended May 2,
2009		      52 weeks
ended
January 31,
2009		  

B&N Retail

    $ 157,528       $ 157,663       $ 41,246       $ 154,304   

B&N College (a)

      43,148         24,863         —           —     

B&N.com

      27,971         25,248         4,633         19,253   
                                   

Total

    $ 228,647       $ 207,774       $ 45,879       $ 173,557   
                                   

Operating Profit/(Loss)

    52 weeks
ended
April 30,
2011		     52 weeks
ended May 1,
2010		     13 weeks
ended May 2,
2009		     52 weeks
ended
January 31,
2009		  

B&N Retail

    $ 90,984      $ 179,231      $ 9,003      $ 177,570   

B&N College (a)

      76,293        76        —          —     

B&N.com

      (232,536 )      (106,061 )      (12,247 )      (34,239 ) 
                                

Total

    $ (65,259 )    $ 73,246      $ (3,244 )    $ 143,331   
                                

Capital Expenditures

    52 weeks
ended
April 30,
2011		     52 weeks
ended May 1,
2010		     13 weeks
ended May 2,
2009		     52 weeks
ended
January 31,
2009		  

B&N Retail

    $ 51,924      $ 83,723      $ 17,855      $ 178,210   

B&N College (a)

      35,004        13,716        —          —     

B&N.com

      23,574        30,340        4,967        13,943   
                                

Total

    $ 110,502      $ 127,779      $ 22,822      $ 192,153   
                                

Total Assets

    As of
April 30,
2011		     As of
May 1,
2010		     As of
May 2,
2009		     As of
January 31,
2009		  

B&N Retail

    $ 2,331,631      $ 2,467,352      $ 2,320,082      $ 2,516,060   

B&N College (a)

      979,457        943,989        —          —     

B&N.com

      285,378        294,345        344,197        361,804   
                                

Total

    $ 3,596,466      $ 3,705,686      $ 2,664,279      $ 2,877,864   
                                

 

(a) Includes only the financial information of B&N College since the date of the Acquisition on September 30, 2009.

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
30, 2011		     52 weeks
ended May 1,
2010		     13 weeks
ended May  2,
2009		     52 weeks
ended January
31, 2009		  

Reportable segments operating profit

    $ (65,259 )    $ 73,246      $ (3,244 )    $ 143,331   

Interest income (expense), net

      (57,350 )      (28,237 )      (199 )      (2,344 ) 
                                

Consolidated income (loss) from continuing operations before taxes

    $ (122,609 )    $ 45,009      $ (3,443 )    $ 140,987