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mately $21,000. Subsequently, on December 29, 2011, the
Company sold the distribution facility in South Brunswick,
New Jersey for $18,000, which resulted in a loss of $2,178.
19. SEGMENT REPORTING
The Company’s three operating segments are: B&N Retail,
B&N College and NOOK.
B&N Retail
This segment includes 675 bookstores as of April 27, 2013,
primarily under the Barnes & Noble Booksellers trade
name. The 675 Barnes & Noble stores generally offer a
dedicated NOOK® area, a comprehensive trade book title
base, a café, and departments dedicated to Juvenile, Toys &
Games, DVDs, Music, Gift, Magazine and Bargain products.
The stores also offer a calendar of ongoing events, includ-
ing author appearances and children’s activities. The B&N
Retail segment also includes the Company’s e-Commerce
website, barnesandnoble.com, and its publishing opera-
tion, Sterling Publishing.
B&N College
This segment includes 686 stores as of April 27, 2013, that
are primarily school-owned stores operated under con-
tracts by B&N College and include sales of digital content
within the higher education marketplace through NOOK
Study™. The 686 B&N College stores generally offer new,
used, rental and digital textbooks, course-related materi-
als, emblematic apparel and gifts, trade books, computer
products, NOOK® products and related accessories, school
and dorm supplies, and convenience and café items.
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, apps
and sales of NOOK® devices and accessories to third party
distribution partners, B&N Retail and B&N College.
Summarized financial information concerning the
Company’s reportable segments is presented below:
Sales by Segment
52 weeks
ended
April 27, 2013
52 weeks
ended
April 28, 2012
52 weeks
ended
April 30, 2011
B&N Retail $ 4,568,243 $ 4,852,913 $ 4,926,834
B&N College 1,763,248 1,743,662 1,778,159
NOOK 780,433 933,471 695,182
Elimination (272,919) (400,847) (401,610)
Total $ 6,839,005 $ 7,129,199 $ 6,998,565
Sales by Product Line
52 weeks
ended
April 27, 2013
52 weeks
ended
April 28, 2012
52 weeks
ended
April 30, 2011
Mediaa67% 66% 70%
Digitalb12% 15% 11%
Otherc21% 19% 19%
Total 100% 100% 100%
Depreciation and
Amortization
52 weeks
ended
April 27, 2013
52 weeks
ended
April 28, 2012
52 weeks
ended
April 30, 2011
B&N Retail $ 148,855 $ 162,693 $ 164,934
B&N College 46,849 45,343 43,148
NOOK 31,430 24,631 20,565
Total $ 227,134 $ 232,667 $ 228,647
Operating Profit/(Loss)
52 weeks
ended
April 27, 2013
52 weeks
ended
April 28, 2012
52 weeks
ended
April 30, 2011
B&N Retail $ 227,235 $ 161,136 $ 102,592
B&N College 64,609 70,604 70,298
NOOK (511,848) (286,343) (229,689)
Total $ (220,004) $ (54,603) $ (56,799)
Capital Expenditures
52 weeks
ended
April 27, 2013
52 weeks
ended
April 28, 2012
52 weeks
ended
April 30, 2011
B&N Retail $ 51,401 $ 87,596 $ 62,299
B&N College 38,760 40,479 35,004
NOOK 75,674 35,477 13,199
Total $ 165,835 $ 163,552 $ 110,502
Total AssetsdAs of April 27, 2013 As of April 28, 2012
B&N Retail $ 2,169,678 $ 2,416,318
B&N College 989,748 972,860
NOOK 573,110 385,521
Total $ 3,732,536 $ 3,774,699
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.
56 Barnes & Noble, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued