2020 Q4 Form 10-Q Financial Statement

#000163411720000154 Filed on December 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $595.5M $772.2M
YoY Change -22.89% -5.22%
Cost Of Revenue $480.2M $585.3M
YoY Change -17.95% -3.1%
Gross Profit $115.3M $187.0M
YoY Change -38.33% -11.3%
Gross Profit Margin 19.36% 24.21%
Selling, General & Admin $91.97M $113.4M
YoY Change -18.9% -1.66%
% of Gross Profit 79.78% 60.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.40M $16.50M
YoY Change -12.73% -0.6%
% of Gross Profit 12.49% 8.83%
Operating Expenses $91.97M $113.4M
YoY Change -18.9% -1.66%
Operating Profit $6.733M $56.43M
YoY Change -88.07% -28.09%
Interest Expense -$900.0K -$1.400M
YoY Change -35.71% -22.22%
% of Operating Profit -13.37% -2.48%
Other Income/Expense, Net
YoY Change
Pretax Income $5.821M $54.99M
YoY Change -89.41% -28.26%
Income Tax -$1.694M $19.05M
% Of Pretax Income -29.1% 34.65%
Net Earnings $7.515M $35.93M
YoY Change -79.08% -39.81%
Net Earnings / Revenue 1.26% 4.65%
Basic Earnings Per Share $0.15 $0.75
Diluted Earnings Per Share $0.15 $0.74
COMMON SHARES
Basic Shares Outstanding 48.80M shares 47.85M shares
Diluted Shares Outstanding 49.43M shares 48.76M shares

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.400M $24.60M
YoY Change -69.92% 23.0%
Cash & Equivalents $7.353M $24.59M
Short-Term Investments
Other Short-Term Assets $23.80M $18.50M
YoY Change 28.65% 11.45%
Inventory $457.7M $475.4M
Prepaid Expenses
Receivables $167.5M $162.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $707.0M $749.2M
YoY Change -5.63% -0.26%
LONG-TERM ASSETS
Property, Plant & Equipment $93.13M $105.2M
YoY Change -11.44% -6.14%
Goodwill $4.700M $4.700M
YoY Change 0.0% -91.29%
Intangibles $166.1M $184.2M
YoY Change -9.8% -13.88%
Long-Term Investments
YoY Change
Other Assets $31.73M $39.24M
YoY Change -19.12% -5.76%
Total Long-Term Assets $590.0M $631.0M
YoY Change -6.51% 49.7%
TOTAL ASSETS
Total Short-Term Assets $707.0M $749.2M
Total Long-Term Assets $590.0M $631.0M
Total Assets $1.297B $1.380B
YoY Change -6.03% 17.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $314.0M $387.7M
YoY Change -19.0% -12.55%
Accrued Expenses $134.2M $197.2M
YoY Change -31.96% 15.99%
Deferred Revenue $32.84M $48.99M
YoY Change -32.96% -3.73%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $569.7M $692.6M
YoY Change -17.74% 12.93%
LONG-TERM LIABILITIES
Long-Term Debt $99.50M $0.00
YoY Change
Other Long-Term Liabilities $48.33M $50.68M
YoY Change -4.63% -14.71%
Total Long-Term Liabilities $48.33M $50.68M
YoY Change -4.63% -14.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $569.7M $692.6M
Total Long-Term Liabilities $48.33M $50.68M
Total Liabilities $916.6M $922.9M
YoY Change -0.69% 35.59%
SHAREHOLDERS EQUITY
Retained Earnings -$322.0M -$240.8M
YoY Change 33.71% 20.93%
Common Stock $736.2M $731.0M
YoY Change 0.71% 1.14%
Preferred Stock
YoY Change
Treasury Stock (at cost) $33.78M $32.90M
YoY Change 2.68% 4.02%
Treasury Stock Shares 4.252M shares 3.842M shares
Shareholders Equity $380.4M $457.3M
YoY Change
Total Liabilities & Shareholders Equity $1.297B $1.380B
YoY Change -6.03% 17.7%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income $7.515M $35.93M
YoY Change -79.08% -39.81%
Depreciation, Depletion And Amortization $14.40M $16.50M
YoY Change -12.73% -0.6%
Cash From Operating Activities $142.9M $201.6M
YoY Change -29.12% -23.64%
INVESTING ACTIVITIES
Capital Expenditures -$9.100M -$11.00M
YoY Change -17.27% -26.67%
Acquisitions
YoY Change
Other Investing Activities $1.600M $1.000M
YoY Change 60.0% -110.0%
Cash From Investing Activities -$7.500M -$10.00M
YoY Change -25.0% -60.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -135.6M -175.4M
YoY Change -22.69% -24.46%
NET CHANGE
Cash From Operating Activities 142.9M 201.6M
Cash From Investing Activities -7.500M -10.00M
Cash From Financing Activities -135.6M -175.4M
Net Change In Cash -200.0K 16.20M
YoY Change -101.23% 138.24%
FREE CASH FLOW
Cash From Operating Activities $142.9M $201.6M
Capital Expenditures -$9.100M -$11.00M
Free Cash Flow $152.0M $212.6M
YoY Change -28.5% -23.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001634117
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--05-01
dei Entity Small Business
EntitySmallBusiness
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Document Period End Date
DocumentPeriodEndDate
2020-10-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-37499
dei Entity Registrant Name
EntityRegistrantName
BARNES & NOBLE EDUCATION, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-0599018
dei Entity Address Address Line1
EntityAddressAddressLine1
120 Mountain View Blvd.,
dei Entity Address City Or Town
EntityAddressCityOrTown
Basking Ridge,
dei Entity Address State Or Province
EntityAddressStateOrProvince
NJ
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
07920
dei City Area Code
CityAreaCode
(908)
dei Local Phone Number
LocalPhoneNumber
991-2665
dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value per share
dei Trading Symbol
TradingSymbol
BNED
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Shell Company
EntityShellCompany
false
CY2020Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
49063650 shares
CY2020Q4 bned Productsalesandother
Productsalesandother
551832000 USD
CY2019Q4 bned Productsalesandother
Productsalesandother
718543000 USD
bned Productsalesandother
Productsalesandother
745042000 USD
bned Productsalesandother
Productsalesandother
1020770000 USD
CY2020Q4 bned Rental Income Operating
RentalIncomeOperating
43653000 USD
CY2019Q4 bned Rental Income Operating
RentalIncomeOperating
53685000 USD
bned Rental Income Operating
RentalIncomeOperating
54457000 USD
bned Rental Income Operating
RentalIncomeOperating
71115000 USD
CY2020Q4 us-gaap Revenues
Revenues
595485000 USD
CY2019Q4 us-gaap Revenues
Revenues
772228000 USD
us-gaap Revenues
Revenues
799499000 USD
us-gaap Revenues
Revenues
1091885000 USD
CY2020Q4 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
452475000 USD
CY2019Q4 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
553070000 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
618240000 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
791401000 USD
CY2020Q4 bned Cost Of Rental Sales And Occupancy Costs
CostOfRentalSalesAndOccupancyCosts
27725000 USD
CY2019Q4 bned Cost Of Rental Sales And Occupancy Costs
CostOfRentalSalesAndOccupancyCosts
32208000 USD
bned Cost Of Rental Sales And Occupancy Costs
CostOfRentalSalesAndOccupancyCosts
35112000 USD
bned Cost Of Rental Sales And Occupancy Costs
CostOfRentalSalesAndOccupancyCosts
41877000 USD
CY2020Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
480200000 USD
CY2019Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
585278000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
653352000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
833278000 USD
CY2020Q4 us-gaap Gross Profit
GrossProfit
115285000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
186950000 USD
us-gaap Gross Profit
GrossProfit
146147000 USD
us-gaap Gross Profit
GrossProfit
258607000 USD
CY2020Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
91972000 USD
CY2019Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
113404000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
162015000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
211095000 USD
CY2020Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13193000 USD
CY2019Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15546000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27256000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
31425000 USD
CY2020Q4 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
CY2019Q4 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
433000 USD
CY2020Q4 us-gaap Restructuring Charges
RestructuringCharges
3387000 USD
CY2019Q4 us-gaap Restructuring Charges
RestructuringCharges
1569000 USD
us-gaap Restructuring Charges
RestructuringCharges
9058000 USD
us-gaap Restructuring Charges
RestructuringCharges
3035000 USD
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
6733000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
56431000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-52182000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
12619000 USD
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-912000 USD
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1446000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3565000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3978000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5821000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
54985000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-55747000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8641000 USD
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1694000 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19054000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-16610000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4865000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
7515000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
35931000 USD
us-gaap Net Income Loss
NetIncomeLoss
-39137000 USD
us-gaap Net Income Loss
NetIncomeLoss
3776000 USD
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.81
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.81
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48804000 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47853000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
48608000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
47717000 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49428000 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48758000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48608000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48412000 shares
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7353000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24594000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8242000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
167493000 USD
CY2019Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
162538000 USD
CY2020Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
90851000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
457677000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
475422000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
428939000 USD
CY2020Q4 bned Rental Inventory
RentalInventory
50736000 USD
CY2019Q4 bned Rental Inventory
RentalInventory
68167000 USD
CY2020Q2 bned Rental Inventory
RentalInventory
40710000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
23762000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
18494000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16177000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
707021000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
749215000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
584919000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
93130000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
105156000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
97739000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
286038000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
289722000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
250837000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
166140000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
184188000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
175125000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
4700000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
4700000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
4700000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
8231000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
8039000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
7805000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
31734000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
39235000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
35307000 USD
CY2020Q4 us-gaap Assets
Assets
1296994000 USD
CY2019Q4 us-gaap Assets
Assets
1380255000 USD
CY2020Q2 us-gaap Assets
Assets
1156432000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
314042000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
387704000 USD
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
143678000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
134181000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
197220000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
95420000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
121518000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
107721000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
92571000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2020Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
75000000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
569741000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
692645000 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
406669000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
198990000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
179613000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
186142000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
48329000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
50677000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
46170000 USD
CY2020Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
99500000 USD
CY2019Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 USD
CY2020Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
99700000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
916560000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
922935000 USD
CY2020Q2 us-gaap Liabilities
Liabilities
738681000 USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53316000 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52139000 shares
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52140000 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
49064000 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48298000 shares
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48298000 shares
CY2020Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
533000 USD
CY2019Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
521000 USD
CY2020Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
521000 USD
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
735647000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
730501000 USD
CY2020Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
732958000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-321964000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-240801000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-282827000 USD
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
33782000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
32901000 USD
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
32901000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
380434000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
457320000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
417751000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1296994000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1380255000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1156432000 USD
us-gaap Net Income Loss
NetIncomeLoss
-39137000 USD
us-gaap Net Income Loss
NetIncomeLoss
3776000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27256000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
31425000 USD
bned Content Amortization
ContentAmortization
2386000 USD
bned Content Amortization
ContentAmortization
1909000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
541000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
541000 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
0 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
433000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-426000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5614000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2701000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4181000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-1773000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
2130000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
6597000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-2389000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-86452000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-129317000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88143000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
161449000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16197000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19255000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-3246000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-3159000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12951000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16096000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
330800000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
150000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
406000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
283500000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
881000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1265000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-76081000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-134765000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-889000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10588000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9008000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14768000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8119000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25356000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
76642000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
64368000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
28738000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
55100000 USD
bned Increase Decrease In Rental Inventories
IncreaseDecreaseInRentalInventories
10026000 USD
bned Increase Decrease In Rental Inventories
IncreaseDecreaseInRentalInventories
21166000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7585000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6716000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
209443000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
276667000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-86452000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-129317000 USD
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
51030000 shares
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
510000 USD
CY2019Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
726331000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-244577000 USD
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
3467000 shares
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
31636000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
450628000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2321000 USD
CY2019Q3 bned Cost Of Repurchased Shares For Tax Wittholding For Share Based Compensation
CostOfRepurchasedSharesForTaxWittholdingForShareBasedCompensation
40000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-32155000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-32155000 USD
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
51086000 shares
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
511000 USD
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
728651000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-276732000 USD
CY2019Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
3479000 shares
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
31676000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
420754000 USD
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1860000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019Q4 bned Cost Of Repurchased Shares For Tax Wittholding For Share Based Compensation
CostOfRepurchasedSharesForTaxWittholdingForShareBasedCompensation
1225000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
35931000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
35931000 USD
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52139000 shares
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
521000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
730501000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-240801000 USD
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3842000 shares
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
32901000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
457320000 USD
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52140000 shares
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
521000 USD
CY2020Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
732958000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-282827000 USD
CY2020Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
3842000 shares
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
32901000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
417751000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1521000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2020Q3 bned Cost Of Repurchased Shares For Tax Wittholding For Share Based Compensation
CostOfRepurchasedSharesForTaxWittholdingForShareBasedCompensation
342000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-46652000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-46652000 USD
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52654000 shares
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
526000 USD
CY2020Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
734474000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-329479000 USD
CY2020Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
4021000 shares
CY2020Q3 us-gaap Treasury Stock Value
TreasuryStockValue
33243000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
372278000 USD
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1180000 USD
CY2020Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2020Q4 bned Cost Of Repurchased Shares For Tax Wittholding For Share Based Compensation
CostOfRepurchasedSharesForTaxWittholdingForShareBasedCompensation
539000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
7515000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
7515000 USD
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53316000 shares
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
533000 USD
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
735647000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-321964000 USD
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4252000 shares
CY2020Q4 us-gaap Treasury Stock Value
TreasuryStockValue
33782000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
380434000 USD
us-gaap Nature Of Operations
NatureOfOperations
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Note 1. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Organization</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Description of Business</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Barnes &amp; Noble Education, Inc. (“BNED”) is one of the largest contract operators of physical and virtual bookstores for college and university campuses and K-12 institutions across the United States. We are also one of the largest textbook wholesalers, inventory management hardware and software providers, and a leading provider of digital education solutions. We operate 1,439 physical, virtual, and custom bookstores and serve more than 6 million students, delivering essential educational content and tools within a dynamic omnichannel retail environment. Additionally, we offer direct-to-student products and services to help students study more effectively and improve academic performance. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The strengths of our business include our ability to compete by developing new products and solutions to meet market needs, our large operating footprint with direct access to students and faculty, our well-established, deep relationships with academic partners and stable, long-term contracts and our well-recognized brands. We expect to continue to introduce scalable and advanced digital solutions focused largely on the student, expand our e-commerce capabilities, increase market share with new accounts, and expand our strategic opportunities through acquisitions and partnerships. We expect general merchandise sales to continue to increase over the long term, as our product assortments continue to emphasize and reflect the changing consumer trends, and we evolve our presentation concepts and merchandising of products in stores and online, as we improve our e-commerce capabilities through investments we are making in new systems, processes and people. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe the BNC and MBS brands are synonymous with innovation in bookselling and campus retail, and, are widely recognized and respected brands in the United States. Our large college footprint, reputation, and credibility in the marketplace not only support our marketing efforts to universities, students, and faculty, but are also important for leading publishers who rely on us as one of their primary distribution channels, and for being a trusted source for students in our direct-to-student digital solutions business. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have three reportable segments: Retail, Wholesale and DSS. For additional information related to our strategies, operations and segments, see</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Part I - Item 1. Business </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Part II - Item 8. Financial Statements and Supplementary Data - Note 6. Segment Reporting </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">in our Annual Report on Form 10-K for the fiscal year ended May 2, 2020</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In Fiscal 2020, we retained Morgan Stanley &amp; Co. LLC to serve as a financial advisor in connection with our review of strategic opportunities. The review was designed to accelerate the execution of customer-focused strategic initiatives and enhance value for our shareholders, including, but not limited to, continued execution of our current business plan, new partnerships, joint ventures and other potential opportunities. On August 24, 2020, we announced that we had concluded our review of strategic opportunities. After extensive evaluation and deliberation, and in consultation with its financial and legal advisors, the Board unanimously determined that the continued execution of the Company’s current business plan is the best path forward for the Company and its shareholders.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">COVID-19 Business Impact</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our business experienced an unprecedented and significant impact as a result of COVID-19 related campus store closures. Beginning in March 2020, colleges and universities nationwide began to close their campuses in light of safety concerns and as </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">a result of local and state issued stay-at-home orders. By mid-March, during our fiscal fourth quarter, we closed the majority of our physical campus stores to protect the health and safety of our customers and employees.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">While our campus stores were closed, we continued to serve institutions and students through our campus websites, providing free shipping on all orders and an expanded digital content offering to provide immediate access to course materials to students at our campuses that closed due to COVID-19. We developed and implemented plans to safely reopen our campus stores based on national, state and local guidelines, as well as the campus policies set by the school administration. Colleges and universities in the United States continue to adjust their plans for each academic term, with some implementing shortened semesters or choosing to remain fully virtual in order to best protect students and faculty. Our fiscal 2021 second quarter results were significantly impacted by the ongoing COVID-19 pandemic, as many schools continued to adjust their learning model and on-campus activities in response to the pandemic. Fewer students returned to campus this fall, as many schools implemented a remote learning model and curtailed on-campus classes and activities. While many big athletic conferences resumed their sport activities, fan attendance at the games was either eliminated or severely restricted, which further impacted the company’s high-margin general merchandise business. Additionally, sales were impacted by overall enrollment declines in higher education. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The COVID-19 impact on higher education remains a fluid situation, and we are committed to supporting our campus partners through our flexible offerings and our ability to quickly pivot to ensure uninterrupted service as institutions manage the safety of their campuses. There is still uncertainty about the duration and extent of the impact of the COVID-19 pandemic. If economic conditions caused by the pandemic do not recover as currently estimated by management or market factors currently in place change, there could be a further impact to our results of operations, financial condition and cash flows from operations.</span></div>
CY2020Q4 us-gaap Number Of Stores
NumberOfStores
1439 Store
bned Number Of Students
NumberOfStudents
6000000 Person
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation and Consolidation</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our condensed consolidated financial statements reflect our condensed consolidated financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States (“GAAP”). In the opinion of the Company’s management, the accompanying unaudited condensed consolidated financial statements of the Company contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly its consolidated financial position and the results of its operations and cash flows for the periods reported. These condensed consolidated financial statements are condensed and therefore do not include all of the information and footnotes required by GAAP. All material intercompany accounts and transactions have been eliminated in consolidation. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our business is highly seasonal. Our quarterly results also may fluctuate depending on the timing of the start of the various schools' semesters, as well as shifts in our fiscal calendar dates. These shifts in timing may affect the comparability of our results across periods. Our fiscal year is comprised of 52 or 53 weeks, ending on the Saturday closest to the last day of April. Due to the seasonal nature of the business, the results of operations for the 13 and 26 weeks ended October 31, 2020 are not indicative of the results expected for the 52 weeks ending May 1, 2021 (Fiscal 2021). </span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For certain of our retail operations, sales are generally highest in the second and third fiscal quarters, when students purchase and rent textbooks and other course materials for the typical academic year, and lowest in the first and fourth fiscal quarters. Sales attributable to our wholesale business are generally highest in our first, second and third quarters, as MBS sells textbooks and other course materials for retail distribution. Our DSS segment sales and operating profit are realized relatively consistently throughout the year.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing financial statements in conformity with GAAP, we are required to make estimates and assumptions that affect the reported amounts in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</span></div>
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
93130000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
166140000 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
433000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Note 3. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Recent Accounting Pronouncements</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In June 2016, the Financial Accounting Standards Board ("FASB") issued </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">ASU 2016-13</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The ASU replaces the existing incurred loss impairment model for trade receivables with an expected loss model which requires the use of forward-looking information to calculate expected credit loss estimates. These changes may result in earlier recognition of credit losses. We adopted this guidance during the first quarter of Fiscal 2021 with no cumulative-effect adjustment to retained earnings. The guidance does not have a material impact on our condensed consolidated financial statements.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The guidance seeks to simplify the accounting for income taxes by removing the following exceptions: 1) exception to the incremental approach for intraperiod tax allocation when there is a loss from continuing operations and income or a gain from other items, 2) exception to the requirement to recognize a deferred tax liability for equity method investments when a foreign subsidiary becomes an equity method investment, 3) exception to the ability not to recognize a deferred tax liability for a foreign subsidiary when a foreign equity method investment becomes a subsidiary and 4) exception to the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. Additionally, the guidance seeks to further simplify the accounting for income taxes by: 1) requiring that an entity recognize a franchise tax (or similar tax) that is partially based on income as an income-based tax and account for any incremental amount incurred as a non-income-based tax, 2) requiring that an entity evaluate when a step up in the tax basis of goodwill should be considered part of the business combination in which the book goodwill was originally recognized and when it should be considered a separate transaction, 3) specifying that an entity is not required to allocate the consolidated amount of current and deferred tax expense to a legal entity that is not subject to tax in its separate financial statements (although the entity may elect to do so (on an entity-by-entity basis) for a legal entity that is both not subject to tax and disregarded by the taxing authority), 4) requiring that an entity reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date and 5) making minor improvements for income tax accounting related to employee stock ownership plans and investments in qualified affordable housing projects accounted for using the equity method. This guidance will be effective for fiscal years and interim periods beginning after December 15, 2020. Different components of the guidance require retrospective, modified retrospective or prospective adoption, and early adoption is permitted. We are currently assessing whether we will early adopt this guidance, and the impact on our condensed consolidated financial statements is not currently estimable.</span></div>
CY2020Q4 us-gaap Revenues
Revenues
595485000 USD
CY2019Q4 us-gaap Revenues
Revenues
772228000 USD
us-gaap Revenues
Revenues
799499000 USD
us-gaap Revenues
Revenues
1091885000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
32844000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
48994000 USD
CY2020Q2 us-gaap Deferred Revenue
DeferredRevenue
13373000 USD
CY2020Q2 us-gaap Deferred Revenue
DeferredRevenue
13373000 USD
CY2019Q2 us-gaap Deferred Revenue
DeferredRevenue
20418000 USD
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
91051000 USD
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
108430000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-71580000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-79854000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
32844000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
48994000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
32844000 USD
CY2020Q4 us-gaap Variable Lease Cost
VariableLeaseCost
34335000 USD
CY2019Q4 us-gaap Variable Lease Cost
VariableLeaseCost
24140000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
41742000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
31010000 USD
CY2020Q4 us-gaap Lease Cost
LeaseCost
59778000 USD
CY2019Q4 us-gaap Lease Cost
LeaseCost
74566000 USD
CY2019Q4 us-gaap Lease Cost
LeaseCost
74566000 USD
us-gaap Lease Cost
LeaseCost
69574000 USD
us-gaap Lease Cost
LeaseCost
99960000 USD
CY2020Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
94113000 USD
CY2019Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
98706000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
111316000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
130970000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
53667000 USD
bned Rou Asst Obtainedin Exchangefor Lease Liabilites
ROUAsstObtainedinExchangeforLeaseLiabilites
110834000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020Q4 us-gaap Number Of Stores
NumberOfStores
1439 Store
CY2020Q4 us-gaap Revenues
Revenues
595485000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
110668000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
53953000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
45690000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
37977000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
31539000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
88826000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
368653000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
48145000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
320508000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045 Rate
CY2019Q4 us-gaap Revenues
Revenues
772228000 USD
us-gaap Revenues
Revenues
799499000 USD
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
6733000 USD
us-gaap Revenues
Revenues
1091885000 USD
CY2020Q4 us-gaap Gross Profit
GrossProfit
115285000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
186950000 USD
us-gaap Gross Profit
GrossProfit
146147000 USD
us-gaap Gross Profit
GrossProfit
258607000 USD
CY2020Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13193000 USD
CY2019Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15546000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27256000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
31425000 USD
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
6733000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
56431000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-52182000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
12619000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
56431000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-52182000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
12619000 USD
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-912000 USD
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1446000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3565000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3978000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5821000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
54985000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-55747000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8641000 USD
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 USD
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
26669000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
410560 shares
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7509000 USD
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1932628 shares
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1218994 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2849291 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1529877 shares
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
7515000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
7515000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
35931000 USD
us-gaap Net Income Loss
NetIncomeLoss
-39137000 USD
us-gaap Net Income Loss
NetIncomeLoss
3776000 USD
CY2020Q4 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-6000 USD
CY2019Q4 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-21000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
0 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-2000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35910000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-39137000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3774000 USD
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7509000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35910000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-39137000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3774000 USD
CY2020Q4 us-gaap Undistributed Earnings
UndistributedEarnings
6000 USD
CY2019Q4 us-gaap Undistributed Earnings
UndistributedEarnings
21000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
0 USD
us-gaap Undistributed Earnings
UndistributedEarnings
2000 USD
CY2020Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-6000 USD
CY2019Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-20000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-2000 USD
CY2020Q4 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
7509000 USD
CY2019Q4 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
35911000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-39137000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
3774000 USD
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48804000 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47853000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48608000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47717000 shares
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48804000 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47853000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48608000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47717000 shares
CY2020Q4 bned Averagedilutiverestrictedstockunits
Averagedilutiverestrictedstockunits
235000 shares
CY2019Q4 bned Averagedilutiverestrictedstockunits
Averagedilutiverestrictedstockunits
444000 shares
bned Averagedilutiverestrictedstockunits
Averagedilutiverestrictedstockunits
0 shares
bned Averagedilutiverestrictedstockunits
Averagedilutiverestrictedstockunits
334000 shares
CY2020Q4 bned Averagedilutiveperformanceshares
Averagedilutiveperformanceshares
0 shares
CY2019Q4 bned Averagedilutiveperformanceshares
Averagedilutiveperformanceshares
0 shares
bned Averagedilutiveperformanceshares
Averagedilutiveperformanceshares
0 shares
bned Averagedilutiveperformanceshares
Averagedilutiveperformanceshares
14000 shares
CY2020Q4 bned Averagedilutiverestrictedshares
Averagedilutiverestrictedshares
18000 shares
CY2019Q4 bned Averagedilutiverestrictedshares
Averagedilutiverestrictedshares
12000 shares
bned Averagedilutiverestrictedshares
Averagedilutiverestrictedshares
0 shares
bned Averagedilutiverestrictedshares
Averagedilutiverestrictedshares
11000 shares
CY2020Q4 bned Average Dilutive Performance Share Units
AverageDilutivePerformanceShareUnits
224000 shares
CY2019Q4 bned Average Dilutive Performance Share Units
AverageDilutivePerformanceShareUnits
449000 shares
bned Average Dilutive Performance Share Units
AverageDilutivePerformanceShareUnits
0 shares
bned Average Dilutive Performance Share Units
AverageDilutivePerformanceShareUnits
336000 shares
CY2020Q4 bned Average Dilutive Stock Options
AverageDilutiveStockOptions
147000 shares
CY2019Q4 bned Average Dilutive Stock Options
AverageDilutiveStockOptions
0 shares
bned Average Dilutive Stock Options
AverageDilutiveStockOptions
0 shares
bned Average Dilutive Stock Options
AverageDilutiveStockOptions
0 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49428000 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48758000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48608000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48412000 shares
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.81
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.81
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2020Q4 bned Line Of Credit Potential Increase Amount
LineOfCreditPotentialIncreaseAmount
100000000 USD
us-gaap Debt Instrument Description
DebtInstrumentDescription
On March 2, 2020, we were granted a waiver to the condition to the upcoming draw under the FILO Facility, scheduled for April 2020, that Consolidated EBITDA (as defined in the Credit Agreement) minus Restricted Payments (as defined in the Credit Agreement) equal at least $90,000.
CY2020Q4 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
330800000 USD
CY2020Q4 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
406000000 USD
CY2020Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
99500000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
150000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
283500000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4759000 USD
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4759000 USD
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
433000 USD
CY2020Q4 us-gaap Restructuring Charges
RestructuringCharges
3387000 USD
us-gaap Restructuring Charges
RestructuringCharges
9058000 USD
us-gaap Restructuring Charges
RestructuringCharges
9058000 USD
CY2019Q4 us-gaap Restructuring Charges
RestructuringCharges
1569000 USD
us-gaap Restructuring Charges
RestructuringCharges
3035000 USD
us-gaap Restructuring Charges
RestructuringCharges
3035000 USD
CY2020Q4 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
0 USD
CY2019Q4 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
1301000 USD
us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
0 USD
us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
2839000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
12261000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1694000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5821000 USD
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.291
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19054000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
54985000 USD
CY2019Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.347
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-16610000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-55747000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.298
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4865000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4865000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8641000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.563

Files In Submission

Name View Source Status
0001634117-20-000154-index-headers.html Edgar Link pending
0001634117-20-000154-index.html Edgar Link pending
0001634117-20-000154.txt Edgar Link pending
0001634117-20-000154-xbrl.zip Edgar Link pending
bned-20201031.htm Edgar Link pending
bned-20201031.xsd Edgar Link pending
bned-20201031_cal.xml Edgar Link unprocessable
bned-20201031_def.xml Edgar Link unprocessable
bned-20201031_htm.xml Edgar Link completed
bned-20201031_lab.xml Edgar Link unprocessable
bned-20201031_pre.xml Edgar Link unprocessable
bned-ex311x20201031xq2.htm Edgar Link pending
bned-ex312x20201031xq2.htm Edgar Link pending
bned-ex321x20201010xq2.htm Edgar Link pending
bned-ex322x20201031xq2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending