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Sales by Segment
52 weeks
ended May 2,
2015
53 weeks
ended May 3,
2014
52 weeks
ended April
27, 2013
B&N Retail $ 4,108,243 $ 4,295,110 $ 4,568,243
B&N College 1,772,389 1,748,042 1,763,248
NOOK 263,833 505,862 780,433
Elimination (74,968) (167,657) (272,919)
Total $ 6,069,497 $ 6,381,357 $ 6,839,005
Sales by Product Line
52 weeks
ended May 2,
2015
53 weeks
ended May 3,
2014
52 weeks
ended April
27, 2013
Mediaa70% 68% 67%
Digitalb5% 9% 12%
Otherc25% 23% 21%
Total 100% 100% 100%
Depreciation and
Amortization
52 weeks
ended May 2,
2015
53 weeks
ended May 3,
2014
52 weeks
ended April
27, 2013
B&N Retail $ 104,373 $ 125,991 $ 148,855
B&N College 50,509 48,014 46,849
NOOK 39,292 42,802 31,430
Total $ 194,174 $ 216,807 $ 227,134
Operating Profit/(Loss)
52 weeks
ended May 2,
2015
53 weeks
ended May 3,
2014
52 weeks
ended April
27, 2013
B&N Retail $ 218,126 $ 228,062 $ 227,235
B&N College 40,611 66,536 64,609
NOOK (125,564) (260,406) (511,848)
Total $ 133,173 $ 34,192 $(220,004)
Capital Expenditures
52 weeks
ended May 2,
2015
53 weeks
ended May 3,
2014
52 weeks
ended April
27, 2013
B&N Retail $ 73,783 $ 66,763 $ 51,401
B&N College 48,452 38,253 38,760
NOOK 21,022 29,965 75,674
Total $ 143,257 $ 134,981 $ 165,835
Total AssetsdAs of May 2, 2015 As of May 3, 2014
B&N Retail $2,029,137 $ 2,234,795
B&N College 1,094,353 1,146,475
NOOK 106,015 156,179
Total $3,229,505 $3,537,449
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 profit from reportable seg-
ments to income (loss) from continuing operations before
taxes in the consolidated financial statements is as follows:
52 weeks
ended May 2,
2015
53 weeks
ended May 3,
2014
52 weeks
ended April
27, 2013
Reportable segments
operating income (loss) $ 133,173 $ 34,192 $ (220,004)
Interest expense, net and
amortization of deferred
financing costs (17,890) (29,507) (35,345)
Consolidated income (loss)
before taxes $ 115,283 $ 4,685 $ (255,349)
20. LEGAL PROCEEDINGS
The Company is involved in a variety of claims, suits,
investigations and proceedings that arise from time to time
in the ordinary course of its business, including actions
with respect to contracts, intellectual property, taxation,
employment, benefits, securities, personal injuries and
other matters. The results of these proceedings in the ordi-
nary course of business are not expected to have a material
adverse effect on the Company’s consolidated financial
position or results of operations.
The Company records a liability when it believes that it
is both probable that a liability will be incurred, and the
amount of loss can be reasonably estimated. The Company
evaluates, at least quarterly, developments in its legal mat-
ters that could affect the amount of liability that has been
previously accrued and makes adjustments as appropri-
ate. Significant judgment is required to determine both
probability and the estimated amount of a loss or potential
loss. The Company may be unable to reasonably estimate
the reasonably possible loss or range of loss for a particular
legal contingency for various reasons, including, among
others: (i) if the damages sought are indeterminate; (ii) if
proceedings are in the early stages; (iii) if there is uncer-
2015 Annual Report 59