Barnes and Noble 2010 Annual Report Download - page 51

Download and view the complete annual report

Please find page 51 of the 2010 Barnes and Noble annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 76

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76

The following is a reconciliation of the Company’s basic and diluted earnings per share calculation:
Fiscal 2010
13 weeks ended
May 2, 2009 Fiscal 2008 Fiscal 2007
Numerator for basic earnings per share
Income (loss) from continuing operations attributable to
Barnes & Noble, Inc.
$ 36,676 (2,039) 85,426 134,911
Less allocation of earnings and dividends to participating
securities (1,279) — (2,891) (3,279)
Net income (loss) from continuing operations available to
common shareholders 35,397 (2,039) 82,535 131,632
Add income (loss) from discontinued operations, net
of allocation of earnings and dividends to participating
securities — — (9,111) 897
Net income (loss) available to common shareholders $ 35,397 (2,039) 73,424 132,529
Numerator for diluted earnings per share
Net income (loss) from continuing operations available to
common shareholders $ 35,397 (2,039) 82,535 131,632
Effect of dilutive options (10) — 27 89
Net income (loss) from continuing operations available to
common shareholders 35,387 (2,039) 82,562 131,721
Add income (loss) from discontinued operations — (654) (9,506) 888
Net income (loss) available to common shareholders $ 35,387 (2,693) 73,056 132,609
Denominator for basic and diluted earnings per share
Basic weighted average common shares 55,344 54,759 55,207 63,662
Average dilutive options 809 — 1,322 2,559
Diluted weighted average common shares 56,153 54,759 56,529 66,221
Basic earnings per common share
Income (loss) from continuing operations attributable to
Barnes & Noble, Inc. $ 0.64 (0.04) 1.50 2.07
Income (loss) from discontinued operations attributable to
Barnes & Noble, Inc. — (0.01) (0.17) 0.01
Net income (loss) attributable to Barnes & Noble, Inc. $ 0.64 (0.05) 1.33 2.08
Diluted earnings per common share
Income (loss) from continuing operations attributable to
Barnes & Noble, Inc. $ 0.63 (0.04) 1.46 1.99
Income (loss) from discontinued operations attributable to
Barnes & Noble, Inc. — (0.01) (0.17) 0.01
Net income (loss) attributable to Barnes & Noble, Inc. $ 0.63 (0.05) 1.29 2.00
2010 Annual Report 49