Barnes and Noble 2015 Annual Report Download - page 40

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CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
FISCAL YEAR (In thousands) Fiscal 2015 Fiscal 2014 Fiscal 2013
CHANGES IN OPERATING ASSETS AND LIABILITIES, NET:
Receivables, net $ 45,405 5,388 20,578
Merchandise inventories (58,529) 176,134 151,072
Textbook rental inventories (4,734) 3,410 (19,956)
Prepaid expenses and other current assets 1,249 (3,697) 12,871
Accounts payable and accrued liabilities (153,143) (113,607) (71,974)
Changes in operating assets and liabilities, net $ (169,752) 67,628 92,591
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid during the period for:
Interest paid $ 16,548 20,115 24,925
Income taxes (net of refunds) $ 95,584 3,471 3,822
NON-CASH FINANCING ACTIVITY:
Accrued dividend on redeemable preferred shares $ 3,941 4,202 3,942
Acquisition of Preferred Membership Interests for 2,737,290 shares of
common stock of Barnes & Noble $ 76,175 — —
See accompanying notes to consolidated financial statements.
38 Barnes & Noble, Inc.