Barnes and Noble 2010 Annual Report Download - page 6

Download and view the complete annual report

Please find page 6 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

SELECTED CONSOLIDATED FINANCIAL DATA
The selected consolidated financial data of Barnes & Noble, Inc. and its subsidiaries (collectively, the Company) set forth on
the following pages should be read in conjunction with the consolidated financial statements and notes included elsewhere
in this report. On September 29, 2009, the Board of Directors of Barnes & Noble, Inc. authorized a change in the Company’s
fiscal year end from the Saturday closest to the last day of January to the Saturday closest to the last day of April. The change
in fiscal year, which became effective on September 30, 2009 upon the closing of the acquisition of Barnes & Noble College
Booksellers, Inc. (B&N College) by Barnes & Noble, Inc. (the Acquisition), gives the Company and B&N College the same
fiscal year. The change was intended to better align the Company’s fiscal year with the business cycles of both Barnes &
Noble, Inc. and B&N College. As a result of the change in fiscal year, the Company’s 2010 fiscal year began on May 3, 2009
and ended on May 1, 2010 (fiscal 2010).
The Statement of Operations Data for the 52 weeks in fiscal 2010, the 13 weeks ended May 2, 2009 (transition period), 52
weeks ended January 31, 2009 (fiscal 2008), and 52 weeks ended February 2, 2008 (fiscal 2007) and the Balance Sheet Data
as of May 1, 2010, May 2, 2009 and January 31, 2009 are derived from, and are qualified by reference to, audited consoli-
dated financial statements which are included elsewhere in this report. The Statement of Operations Data for the 53 weeks
ended February 3, 2007 (fiscal 2006) and 52 weeks ended January 28, 2006 (fiscal 2005) and the Balance Sheet Data as of
February 2, 2008, February 3, 2007 and January 28, 2006 are derived from audited consolidated financial statements not
included in this report. The Statement of Operations Data for the 13 weeks ended May 3, 2008 are derived from unaudited
consolidated financial statements which are included elsewhere in this report. The Balance Sheet Data as of May 3, 2008 are
derived from unaudited consolidated financial statements not included in this report.
4 Barnes & Noble, Inc.