Segment Reporting

3 Months Ended

Jul. 27, 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 674 bookstores as of July 27, 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 692 stores as of July 27, 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 692 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:

	13 weeks ended
	July 27,			July 28,
Sales by Segment	2013			2012
B&N Retail	$	1,008,202		$	1,119,387
B&N College		226,022			220,718
NOOK		153,138			191,975
Elimination		(57,860	)		(78,573	)
Total	$	1,329,502		$	1,453,507
	13 weeks ended
	July 27,			July 28,
Sales by Product Line	2013			2012
Media (a)		65	%		65	%
Digital (b)		13	%		14	%
Other (c)		22	%		21	%
Total		100	%		100	%
	13 weeks ended
	July 27,			July 28,
Depreciation and Amortization	2013			2012
B&N Retail	$	32,224		$	40,940
B&N College		11,641			11,715
NOOK		11,134			5,380
Total	$	54,999		$	58,035
	13 weeks ended
	July 27,			July 28,
Operating Profit (Loss)	2013			2012
B&N Retail	$	32,537		$	35,538
B&N College		(30,736	)		(25,747	)
NOOK		(65,745	)		(62,076	)
Total	$	(63,944	)	$	(52,285	)

	13 weeks ended
	July 27,		July 28,
Capital Expenditures	2013		2012
B&N Retail	$	11,647	$	9,616
B&N College		7,083		9,533
NOOK		9,557		7,308
Total	$	28,287	$	26,457
Total Assets (d)	July 27, 2013		July 28, 2012
B&N Retail	$	2,140,650	$	2,242,167
B&N College		1,325,093		1,385,414
NOOK		461,471		426,306
Total	$	3,927,214	$	4,053,887

(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 loss from reportable segments to loss from operations before taxes in the consolidated financial statements is as follows:

	13 weeks ended
	July 27,			July 28,
	2013			2012
Reportable segments operating loss	$	(63,944	)	$	(52,285	)
Interest, net		7,552			8,941
Consolidated loss before taxes	$	(71,496	)	$	(61,226	)