Barnes and Noble 2001 Annual Report Download - page 38

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Capital Expenditures Total Assets
Fiscal Year 2001 2000 1999 2001 2000 1999
Bookstores $ 14 8 , 37 1 1 0 9,1 61 14 2 , 0 0 5 $ 2 , 0 2 6,1 2 3 2,049,639 2 , 076 ,7 9 5
Video Game & Entertainment Software stores 2 0,462 2 5 ,1 3 1 4,289 5 8 7,433 5 07, 8 37 336,996
Total $ 1 6 8,833 1 3 4 ,292 146,294 $ 2 , 61 3 , 5 5 6 2 , 5 5 7, 476 2 , 41 3 ,7 9 1
A reconciliation of operating profit from reportable segments to earnings before income taxes and cumulative effect of
a change in accounting principle in the consolidated financial statements is as follows:
Fiscal Year 2001 2000 1999
Reportable segments operating profit $ 24 5 ,7 8 7 1 3 3 , 8 2 6 23 2,1 1 0
Interest, net ( 36,334 ) ( 5 3, 5 4 1) ( 23 ,7 6 5 )
Equity in net loss of Barnes & Noble.com ( 8 8 , 378 ) (1 0 3 , 9 36) (4 2, 0 47 )
Gain on formation of Barnes & Noble.com -- -- 2 5,000
Other income (expense) ( 1 1 ,73 0 ) (9,346 ) 2 7, 3 37
Consolidated earnings (loss) before income taxes and
cumulative effect of a change in accounting principle $ 1 0 9 ,345 ( 3 2, 9 97 ) 2 1 8 ,635
13. COMPREHENSIVE EARNINGS (LO S S )
Comprehensive earnings are net earnings, plus certain other items that are recorded directly to shareholders’ equity.
The only such items currently applicable to the Company are the unrealized losses on available-for-sale securities and
derivative instruments, as follows:
Fiscal Year 2001 2000 1999
Net earnings (loss) $ 6 3 , 9 67 (51 , 9 6 6 ) 124,498
Other comprehensive loss:
Unrealized loss on available-for-sale securities (net of deferred
tax benefit of $5,437, $3,317 and $839, respectively) ( 7,665 ) ( 4 , 676 ) ( 1 ,1 9 8)
Less: reclassification adjustment, net of
deferred income tax expense of $395 556 -- --
( 7,1 0 9 ) ( 4 , 67 6 ) ( 1 ,1 9 8 )
Unrealized loss on derivative instrument
(net of deferred tax benefit of $936) ( 1,320 ) -- --
Total comprehensive earnings (loss) $ 55,538 ( 5 6 , 6 4 2 ) 123,300
N O T E S T O C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S c o n t i n u e d
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