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Selected Quarterly Financial Information
12 Months Ended
Apr. 30, 2011
Selected Quarterly Financial Information  
Selected Quarterly Financial Information
23. Selected Quarterly Financial Information (Unaudited)

A summary of quarterly financial information for fiscal 2011 and fiscal 2010 is as follows:

 

Fiscal 2011 Quarter Ended

On or About

   July
2010
    October
2010
    January
2011
     April
2011
    Total
Fiscal
Year 2011
 

Sales

   $ 1,396,570        1,905,577        2,325,199         1,371,220        6,998,565   

Gross profit

   $ 351,700        450,120        613,672         377,362        1,792,853   
                                         

Net earnings (loss) attributable to Barnes & Noble, Inc.

   $ (62,518     (12,568     60,583         (59,416     (73,920

Basic earnings (loss) per common share:

           
                                         

Net earnings (loss) attributable to Barnes & Noble, Inc.

   $ (1.12     (0.22     1.01         (1.04     (1.31

Diluted earnings (loss) per common share:

           
                                         

Net earnings (loss) attributable to Barnes & Noble, Inc.

   $ (1.12     (0.22     1.00         (1.04     (1.31
                                         

Fiscal 2010 Quarter Ended

On or About

   July
2009
    October
2009
    January
2010
     April
2010(a)
    Total
Fiscal
Year 2010
 

Sales

   $ 1,155,681        1,160,569        2,173,243         1,318,261        5,807,754   

Gross profit

   $ 355,855        342,189        615,671         363,030        1,676,745   
                                         

Net earnings (loss) attributable to Barnes & Noble, Inc.

   $ 12,267        (23,957     80,403         (32,038     36,676   

Basic earnings (loss) per common share:

           
                                         

Net earnings (loss) attributable to Barnes & Noble, Inc.

   $ 0.22        (0.43     1.40         (0.58     0.64   

Diluted earnings (loss) per common share:

           
                                         

Net earnings (loss) attributable to Barnes & Noble, Inc.

   $ 0.21        (0.43     1.38         (0.58     0.63   
                                         

 

(a) Included in the 13 weeks ended May 1, 2010 was a physical inventory benefit of $10.6 million, as results were more favorable than previously estimated and accrued, and a tax benefit of $13.7 million due to the recognition of previously unrecognized tax benefits for years settled with the applicable tax authorities.