Segment Reporting

12 Months Ended

Apr. 30, 2016

Segment Reporting

21. Segment Reporting

The Company’s two operating segments are B&N Retail and NOOK.

B&N Retail

This segment includes 640 bookstores as of April 30, 2016, primarily under the Barnes & Noble Booksellers trade name. These Barnes & Noble stores generally offer a comprehensive trade book title base, a café, and departments dedicated to Juvenile, Toys & Games, DVDs, Music & Vinyl, Gift, Magazine, Bargain products and a dedicated NOOK^® area. 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, www.barnesandnoble.com, and its publishing operation, Sterling Publishing.

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 and sales of NOOK^® devices and accessories to B&N.

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

Sales by Segment	52 weeks ended April 30, 2016			52 weeks ended May 2, 2015			53 weeks ended May 3, 2014
B&N Retail	$	4,028,614		$	4,108,243		$	4,295,140
NOOK		191,520			263,833			505,862
Elimination		(56,290	)		(74,968	)		(167,657	)
Total	$	4,163,844		$	4,297,108		$	4,633,345

Sales by Product Line	52 weeks ended April 30, 2016			52 weeks ended May 2, 2015			53 weeks ended May 3, 2014
Media (a)		70	%		70	%		67	%
Digital (b)		5	%		7	%		12	%
Other (c)		25	%		23	%		21	%
Total		100	%		100	%		100	%

Depreciation and Amortization	52 weeks ended April 30, 2016		52 weeks ended May 2, 2015		53 weeks ended May 3, 2014
B&N Retail	$	101,888	$	104,373	$	125,991
NOOK		33,975		39,292		42,802
Total	$	135,863	$	143,665	$	168,793

Operating Income (Loss)	52 weeks ended April 30, 2016			52 weeks ended May 2, 2015			53 weeks ended May  3, 2014
B&N Retail	$	113,296		$	213,355		$	223,202
NOOK		(98,640	)		(123,161	)		(260,209	)
Total	$	14,656		$	90,194		$	(37,007	)

Capital Expenditures	52 weeks ended April 30, 2016		52 weeks ended May 2, 2015		53 weeks ended May 3, 2014
B&N Retail	$	81,277	$	73,783	$	66,763
NOOK		12,997		21,022		29,965
Total	$	94,274	$	94,805	$	96,728

Total Assets(d)	As of April 30, 2016		As of May 2, 2015
B&N Retail	$	1,873,381	$	1,633,554
NOOK		139,401		411,550
Discontinued Operations		—		1,067,327
Total	$	2,012,782	$	3,112,431

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

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

^(c)  Includes Toys & Games, café products, gifts and miscellaneous other.

^(d)  Excludes intercompany balances.

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

	52 weeks ended April  30, 2016			52 weeks ended May  2, 2015			53 weeks ended May  3, 2014
Reportable segments operating income (loss)	$	14,656		$	90,194		$	(37,007	)
Interest expense, net and amortization of deferred financing costs		(8,770	)		(17,678	)		(29,122	)
Consolidated income (loss) before taxes	$	5,886		$	72,516		$	(66,129	)