Barnes & Noble 10-Q 1 Mar 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jan. 27, 2018	Jan. 31, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 27, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Trading Symbol	BKS
Entity Registrant Name	BARNES & NOBLE INC
Entity Central Index Key	890,491
Current Fiscal Year End Date	--04-29
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		72,793,646

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Sales	$ 1,231,771	$ 1,300,908	$ 2,876,204	$ 3,073,338
Cost of sales and occupancy	831,745	864,107	1,994,002	2,103,623
Gross profit	400,026	436,801	882,202	969,715
Selling and administrative expenses	273,044	278,962	769,067	801,499
Depreciation and amortization	28,245	29,052	81,842	90,083
Goodwill impairment	133,612		133,612
Operating income (loss)	(34,875)	128,787	(102,319)	78,133
Interest expense, net and amortization of deferred financing fees	2,536	2,076	7,254	5,666
Income (loss) before taxes	(37,411)	126,711	(109,573)	72,467
Income tax provision (benefit)	26,125	56,435	(5,165)	37,016
Net income (loss)	$ (63,536)	$ 70,276	$ (104,408)	$ 35,451
Income (loss) per common share:
Basic	$ (0.87)	$ 0.97	$ (1.44)	$ 0.48
Diluted	$ (0.87)	$ 0.96	$ (1.44)	$ 0.48
Weighted average common shares outstanding:
Basic	72,649	71,581	72,566	72,232
Diluted	72,649	71,714	72,566	72,387
Dividends declared per common share	$ 0.15	$ 0.15	$ 0.45	$ 0.45

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Net income (loss)	$ (63,536)	$ 70,276	$ (104,408)	$ 35,451
Other comprehensive income, net of tax:
Decrease in postretirement plan liability (net of deferred tax expense of $0, $0, $0 and $30, respectively)				47
Total comprehensive income (loss)	$ (63,536)	$ 70,276	$ (104,408)	$ 35,498

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Decrease in postretirement plan liability, tax expense	$ 0	$ 0	$ 0	$ 30

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 27, 2018		Apr. 29, 2017	Jan. 28, 2017
Current assets:
Cash and cash equivalents	$ 11,500		$ 11,993	$ 11,628
Receivables, net	62,952		67,294	70,434
Merchandise inventories, net	975,055		946,909	1,010,343
Prepaid expenses and other current assets	79,175		101,816	62,164
Total current assets	1,128,682		1,128,012	1,154,569
Property and equipment:
Land and land improvements	2,541		2,541	2,541
Buildings and leasehold improvements	1,075,491		1,072,007	1,060,416
Fixtures and equipment	1,650,352		1,608,433	1,597,435
Property and equipment, gross	2,728,384		2,682,981	2,660,392
Less accumulated depreciation and amortization	2,466,032		2,406,859	2,378,925
Net property and equipment	262,352		276,122	281,467
Goodwill	73,769		207,381	211,276
Intangible assets, net	309,757		310,205	310,369
Other non-current assets	13,285		11,201	11,275
Total assets	1,787,845	[1]	1,932,921	1,968,956	[1]
Current liabilities:
Accounts payable	490,886		473,686	500,751
Accrued liabilities	285,598		283,157	319,145
Gift card liabilities	358,609		351,424	384,830
Total current liabilities	1,135,093		1,108,267	1,204,726
Long-term debt	59,805		64,900	18,200
Deferred taxes	58,118		86,132	54,290
Other long-term liabilities	91,712		99,311	105,212
Shareholders' equity:
Common stock; $0.001 par value; 300,000 shares authorized; 112,238, 111,648 and 111,933 shares issued, respectively	112		112	112
Additional paid-in capital	1,747,478		1,741,380	1,743,562
Accumulated other comprehensive income	315		315	198
Retained earnings	(183,064)		(46,425)	(22,045)
Treasury stock, at cost, 39,585, 40,093 and 39,497 shares, respectively	(1,121,724)		(1,121,071)	(1,135,299)
Total shareholders' equity	443,117		574,311	586,528
Commitments and contingencies
Total liabilities and shareholders' equity	$ 1,787,845		$ 1,932,921	$ 1,968,956
[1]	Excludes intercompany balances.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 27, 2018	Apr. 29, 2017	Jan. 28, 2017
Common stock, par value	$ 0.001	$ 0.001	$ 0.001
Common stock, shares authorized	300,000,000	300,000,000	300,000,000
Common stock, shares issued	112,238,000	111,933,000	111,648,000
Treasury stock, shares	39,585,000	39,497,000	40,093,000

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Equity (Unaudited) - 9 months ended Jan. 27, 2018 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Gains	Retained Earnings	Treasury Stock at Cost
Balance at Apr. 29, 2017	$ 574,311	$ 112	$ 1,741,380	$ 315	$ (46,425)	$ (1,121,071)
Adoption of ASU 2016-09(see Note 19)	2,347		1,310		1,037
Net loss	(104,408)				(104,408)
Stock-based compensation expense	4,788		4,788
Cash dividends declared	(32,719)				(32,719)
Accrued dividends for long-term incentive awards	(549)				(549)
Purchase of treasury stock related to stock-based compensation, 88 shares	(653)					(653)
Balance at Jan. 27, 2018	$ 443,117	$ 112	$ 1,747,478	$ 315	$ (183,064)	$ (1,121,724)

Consolidated Statement of Chan8

Consolidated Statement of Changes in Shareholders' Equity (Unaudited) (Parenthetical) shares in Thousands	9 Months Ended
	Jan. 27, 2018shares
Purchase of treasury stock related to stock-based compensation, shares	88

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017
Cash flows from operating activities:
Net income (loss)	$ (104,408)	$ 35,451
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization (including amortization of deferred financing fees)	83,306	91,545
Stock-based compensation expense	4,788	5,534
Impairment charges	135,436	93
Deferred taxes	(25,667)
Loss on disposal of property and equipment	589	1,179
Net decrease in other long-term liabilities	(7,599)	(8,895)
Net (increase) decrease in other non-current assets	(3,614)	1,327
Changes in operating assets and liabilities, net	25,302	32,277
Net cash flows provided by operating activities	108,133	158,511
Cash flows from investing activities:
Purchases of property and equipment	(69,971)	(73,665)
Net cash flows used in investing activities	(69,971)	(73,665)
Cash flows from financing activities:
Proceeds from credit facility	877,822	897,878
Payments on credit facility	(882,917)	(926,878)
Cash dividends paid	(32,719)	(32,955)
Treasury stock repurchase plan		(23,281)
Purchase of treasury stock related to stock-based compensation	(653)	(1,580)
Payment of new credit facility related fees		(474)
Proceeds from exercise of common stock options		312
Cash dividends paid for long-term incentive awards	(188)	(78)
Net cash flows used in financing activities	(38,655)	(87,056)
Net decrease in cash and cash equivalents	(493)	(2,210)
Cash and cash equivalents at beginning of period	11,993	13,838
Cash and cash equivalents at end of period	11,500	11,628
Changes in operating assets and liabilities, net:
Receivables, net	4,342	54,483
Merchandise inventories, net	(28,146)	(76,620)
Prepaid expenses and other current assets	22,641	43,718
Accounts payable, accrued liabilities and gift card liabilities	26,465	10,696
Changes in operating assets and liabilities, net	25,302	32,277
Interest	5,729	4,125
Income taxes (net of refunds)	(1,416)	(18,027)
Non-cash financing activity:
Accrued cash dividends		50
Accrued dividends for long-term incentive awards	$ 938	$ 514

Basis of Presentation

Basis of Presentation	9 Months Ended
	Jan. 27, 2018
Basis of Presentation	The unaudited consolidated financial statements include the accounts of Barnes & Noble, Inc. and its subsidiaries (collectively, Barnes & Noble or the Company). In the opinion of the Company’s management, the accompanying unaudited consolidated financial statements of the Company contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly its consolidated financial position as of January 27, 2018 and the results of its operations for the 13 and 39 weeks and its cash flows for the 39 weeks then ended. These consolidated financial statements are condensed and therefore do not include all of the information and footnotes required by generally accepted accounting principles. The consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K Due to the seasonal nature of the business, the results of operations for the 39 weeks ended January 27, 2018 are not indicative of the results expected for the 52 weeks ending April 28, 2018 (fiscal 2018).

Merchandise Inventories

Merchandise Inventories	9 Months Ended
	Jan. 27, 2018
Merchandise Inventories	1. Merchandise Inventories Merchandise inventories, except NOOK merchandise inventories, are stated at the lower of cost or market. Cost is determined primarily by the retail inventory method under the first-in, first-out Market is determined based on the estimated net realizable value, which is generally the selling price. Reserves for non-returnable non-returnable The Company also estimates and accrues shortage for the period between the last physical count of inventory and the balance sheet date. Shortage rates are estimated and accrued based on historical rates and can be affected by changes in merchandise mix and changes in actual shortage trends.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Jan. 27, 2018
Revenue Recognition	2. Revenue Recognition Revenue from sales of the Company’s products is recognized at the time of sale or shipment, other than those with multiple elements and Free On Board (FOB) destination point shipping terms. The Company accrues for estimated sales returns in the period in which the related revenue is recognized based on historical experience. ECommerce revenue from sales of products ordered through the Company’s websites is recognized upon estimated delivery and receipt of the shipment by its customers. Freight costs are included within the Company’s cost of sales and occupancy. Sales taxes collected from retail customers are excluded from reported revenues. All of the Company’s sales are recognized as revenue on a “net” basis, including sales in connection with any periodic promotions offered to customers. The Company does not treat any promotional offers as expenses. In accordance with Accounting Standards Codification (ASC) 605-25, Revenue Recognition, Multiple-Element Arrangements, 2009-13 2009-14, ® The Company includes post-service customer support (PCS) in the form of software updates and potential increased functionality on a when-and-if-available ® ® 2-year ® The average percentage of a NOOK ® 2-year ® The Company also pays certain vendors who distributed NOOK ® ® 605-45-45, Reporting Revenue Gross as a Principal versus Net as an Agent The Company rents physical textbooks. Revenue from the rental of physical textbooks is deferred and recognized over the rental period commencing at point of sale. The Company offers a buyout option to allow the purchase of a rented book at the end of the semester. The Company records the buyout purchase when the customer exercises and pays the buyout option price. In these instances, the Company would accelerate any remaining deferred rental revenue at the point of sale. NOOK acquires the rights to distribute digital content from publishers and distributes the content on www.barnesandnoble.com, NOOK ® The Barnes & Noble Member Program offers members greater discounts and other benefits for products and services, as well as exclusive offers and promotions via e-mail non-refundable 12-month

Research and Development Costs

Research and Development Costs for Software Products	9 Months Ended
	Jan. 27, 2018
Research and Development Costs for Software Products	3. Research and Development Costs for Software Products The Company follows the guidance in ASC 985-20, Cost of Software to Be Sold, Leased or Marketed

Internal-Use Software and Websi

Internal-Use Software and Website Development Costs	9 Months Ended
	Jan. 27, 2018
Internal-Use Software and Website Development Costs	4. Internal-Use Direct costs incurred to develop software for internal use and website development costs are capitalized and amortized over an estimated useful life of three to seven years. The Company capitalized costs, primarily related to labor, consulting, hardware and software, of $12,843 and $14,696 during the 39 weeks ended January 27, 2018 and January 28, 2017, respectively. Amortization of previously capitalized amounts was $5,543 and $5,403 during the 13 weeks ended January 27, 2018 and January 28, 2017, respectively, and $16,388 and $18,152 during the 39 weeks ended January 27, 2018 and January 28, 2017, respectively. Costs related to the design or maintenance of internal-use

Net Earnings (Loss) per Share

Net Earnings (Loss) per Share	9 Months Ended
	Jan. 27, 2018
Net Earnings (Loss) per Share	5. Net Earnings (Loss) per Share In accordance with ASC 260-10-45, Share-Based Payment Arrangements and Participating Securities and the Two-Class non-forfeitable Basic earnings per common share are calculated by dividing the net income, adjusted for income allocated to participating securities, by the weighted average number of common shares outstanding during the period. Diluted net income per common share reflects the dilution that would occur if any potentially dilutive instruments were exercised or converted into common shares. The dilutive effect of participating securities is calculated using the more dilutive of the treasury stock method or two-class During periods of net loss, no effect is given to the participating securities because they do not share in the losses of the Company. Due to the net loss during the 13 and 39 weeks ended January 27, 2018, participating securities in the amounts of 142,237 and 123,066, respectively, were excluded from the calculation of loss per share using the two-class non-participating two-class The following is a reconciliation of the Company’s basic and diluted income (loss) per share calculation: 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Numerator for basic income (loss) per share: Net income (loss) $ (63,536 ) 70,276 $ (104,408 ) 35,451 Less allocation of dividends to participating securities (21 ) (168 ) (59 ) (559 ) Less allocation of undistributed earnings to participating securities — (948 ) — (42 ) Net income (loss) available to common shareholders $ (63,557 ) 69,160 $ (104,467 ) 34,850 Numerator for diluted income (loss) per share: Net income (loss) available to common shareholders $ (63,557 ) 69,160 $ (104,467 ) 34,850 Allocation of undistributed earnings to participating securities — 948 — 42 Less diluted allocation of undistributed earnings to participating securities — (946 ) — (42 ) Net income (loss) available to common shareholders $ (63,557 ) 69,162 $ (104,467 ) 34,850 Denominator for basic income (loss) per share: Basic weighted average common shares 72,649 71,581 72,566 72,232 Denominator for diluted income (loss) per share: Basic weighted average common shares 72,649 71,581 72,566 72,232 Average dilutive options — 68 — 77 Average dilutive non-participating — 65 — 78 Diluted weighted average common shares 72,649 71,714 72,566 72,387 Income (loss) per common share: Basic $ (0.87 ) 0.97 $ (1.44 ) 0.48 Diluted $ (0.87 ) 0.96 $ (1.44 ) 0.48

Segment Reporting

Segment Reporting	9 Months Ended
	Jan. 27, 2018
Segment Reporting	6. Segment Reporting The Company’s two operating segments are B&N Retail and NOOK. B&N Retail This segment includes 630 bookstores as of January 27, 2018, primarily under the Barnes & Noble Booksellers trade name. These Barnes & Noble stores generally offer a comprehensive trade book title base, a café, and departments dedicated to Juvenile, Toys & Games, DVDs, Music & Vinyl, Gift, Magazine, Bargain products and a dedicated NOOK ® NOOK This segment includes the Company’s digital business, including the development and support of the Company’s NOOK ® ® Summarized financial information concerning the Company’s reportable segments is presented below: Sales by Segment 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ 1,210,417 1,276,039 $ 2,810,162 2,988,471 NOOK 30,930 38,434 86,394 114,524 Elimination (a) (9,576 ) (13,565 ) (20,352 ) (29,657 ) Total $ 1,231,771 1,300,908 $ 2,876,204 3,073,338 Sales by Product Line 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Media (b) 66 % 66 % 69 % 69 % Digital (c) 2 % 3 % 3 % 3 % Other (d) 32 % 31 % 28 % 28 % Total 100 % 100 % 100 % 100 % Depreciation and Amortization 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ 25,295 25,236 $ 72,491 74,756 NOOK 2,950 3,816 9,351 15,327 Total $ 28,245 29,052 $ 81,842 90,083 Operating Income (Loss) 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ (33,546 ) 134,991 $ (95,367 ) 106,541 NOOK (1,329 ) (6,204 ) (6,952 ) (28,408 ) Total $ (34,875 ) 128,787 $ (102,319 ) 78,133 Capital Expenditures 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ 18,833 19,615 $ 64,777 68,822 NOOK 1,606 2,313 5,194 4,843 Total $ 20,439 21,928 $ 69,971 73,665 Total Assets (e) January 27, January 28, B&N Retail $ 1,761,571 1,924,220 NOOK 26,274 44,736 Total $ 1,787,845 1,968,956 (a) Represents sales from NOOK to B&N Retail on a sell-through basis. (b) Includes tangible books, music, movies, rentals and newsstand. (c) Includes NOOK ® (d) Includes Toys & Games, café products, gifts and miscellaneous other. (e) Excludes intercompany balances. A reconciliation of operating income (loss) from reportable segments to income (loss) before taxes in the consolidated financial statements is as follows: 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Reportable segments operating income (loss) $ (34,875 ) 128,787 $ (102,319 ) 78,133 Interest expense, net and amortization of deferred financing costs 2,536 2,076 7,254 5,666 Consolidated income (loss) before taxes $ (37,411 ) 126,711 $ (109,573 ) 72,467

Intangible Assets and Goodwill

Intangible Assets and Goodwill	9 Months Ended
	Jan. 27, 2018
Intangible Assets and Goodwill	7. Intangible Assets and Goodwill Useful As of January 27, 2018 Amortizable Intangible Assets Gross Carrying Accumulated Total Technology 5-10 $ 10,710 (10,303 ) $ 407 Other 3-10 6,524 (6,468 ) 56 $ 17,234 (16,771 ) $ 463 Unamortizable Intangible Assets Trade name $ 293,400 Publishing contracts 15,894 $ 309,294 Total amortizable and unamortizable intangible assets as of January 27, 2018 $ 309,757 As of January 28, 2017 Amortizable Intangible Assets Useful Gross Carrying Accumulated Total Technology 5-10 $ 10,710 (9,895 ) $ 815 Distribution contracts 10 8,325 (8,127 ) 198 Other 3-10 6,418 (6,356 ) 62 $ 25,453 (24,378 ) $ 1,075 Unamortizable Intangible Assets Trade name $ 293,400 Publishing contracts 15,894 $ 309,294 Total amortizable and unamortizable intangible assets as of January 28, 2017 $ 310,369 All amortizable intangible assets are being amortized over their useful life on a straight-line basis. Aggregate Amortization Expense For the 39 weeks ended January 27, 2018 $ 514 For the 39 weeks ended January 28, 2017 $ 577 Estimated Amortization Expense (12 months ending on or about April 30) 2018 $ 631 2019 $ 346 The carrying amounts of goodwill, which relate to the B&N Retail reporting unit, as of January 27, 2018 and January 28, 2017 are as follows: Total Company Balance as of January 28, 2017 $ 211,276 Fiscal 2017 benefit of excess tax amortization (3,895 ) Impairment charge (133,612 ) Balance as of January 27, 2018 $ 73,769 The costs in excess of net assets of businesses acquired are carried as goodwill in the accompanying consolidated balance sheets. ASC 350-30, Goodwill and Other Intangible Assets In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment 2017-04) . tax-deductible 2017-04 The Company compares its fair value of a reporting unit and the carrying value of the reporting unit to measure goodwill impairment loss as required by ASU 2017-04. The Company completed its annual goodwill impairment test as of the first day of the third quarter of fiscal 2018 (October 29, 2017). The fair value of the B&N Retail reporting unit had been in excess of carrying value as of the first day of the third quarter of fiscal 2017 (October 30, 2016) based on the annual goodwill impairment test performed as of that date. In addition, no impairment indicators had arisen after that test to signal that an interim impairment test should be performed prior to the next annual test. Although no impairment resulted from the Company’s next annual goodwill impairment test as of October 29, 2017, the fair value of the B&N Retail reporting unit (for which $207,381 of goodwill was allocated as of such date) only exceeded its carrying value by approximately $26,800 or 5%. Subsequent to this annual goodwill impairment test as of October 29, 2017, sales trends unexpectedly softened during the holiday selling season. Given these lower than expected sales results, the Company revised its forecasted outlook. Following the announcement on January 4, 2018 of the Company’s holiday sales results and its revised outlook, the market price of the Company’s common stock sharply declined. Due to these new impairment indicators, the Company performed an interim goodwill impairment test as of December 30, 2017. As a result of this interim testing, the Company recognized an impairment of its B&N Retail reporting unit goodwill of $133,612. While the Company has initiated a strategic turnaround plan focused on stabilizing sales, improving productivity and reducing expenses, achievement of its long-term goals requires a significant multi-year transformation. The interim test incorporated revised discounted cash flow projections given the Company’s holiday sales performance and the early stage of its turnaround efforts. The fair value of the B&N Retail reporting unit had declined from the prior test primarily as a result of the revised forecast and an increased discount rate to account for risk in the Company’s plan. The goodwill of the B&N Retail reporting unit is subject to further risk of impairment if B&N Retail comparable store sales continue to decline, the Company’s cost reduction plans do not materialize, store closings accelerate, the assumed long-term discount rate increases, or in general the Company does not achieve its forecasted strategic turnaround plan. For example, a 50 basis point decline in its expected long-term growth rates would result in an approximate $10,100 incremental goodwill impairment charge, or a 100 basis point increase in the Company’s discount rate would result in an approximate $23,500 incremental goodwill impairment charge. No goodwill exists at the NOOK reporting unit. In addition to goodwill, the Company tests unamortizable intangible assets by comparing the fair value and the carrying value of such assets. The Company also completed its annual impairment tests for its other unamortizable intangible assets by comparing the estimated fair value to the carrying value of such assets. Based on the results of the Company’s tests, the fair values of its unamortizable intangible assets exceeded their respective carrying values as of the most recent testing date, therefore, no impairments were recognized. With regard to valuing its trade name, the Company uses the relief from royalty method (income approach). The estimated fair value of the Company’s trade name exceeded its carrying value by approximately $17,100 or 5% as of October 29, 2017. Based on the impairment indicators noted above, the Company performed an interim impairment test of its trade name as of December 30, 2017 and the estimated fair value exceeded its carrying value by approximately $23,500 or 8% as of that date. Significant assumptions used to determine fair value under the relief from royalty method include future trends in sales, a royalty rate and an appropriate discount rate inclusive of risk adjustments consistent with market conditions and company specific risk factors. The fair value of the Company’s trade name had declined from the prior year primarily as a result of declining sales and an increased discount rate to account for risk in the Company’s revised forecast. Although the Company determined that no impairment charge was necessary, the Company’s trade name is at risk of impairment if B&N Retail comparable store sales continue to decline, forecasted sales expectations are not met, store closings accelerate, the assumed long-term discount rate increases, or in general the Company does not achieve its forecasted strategic turnaround plan. For example, an 800 basis point decline in expected sales would result in an approximate $1,900 trade name impairment charge, or a 200 basis point increase in the Company’s discount rate would result in an approximate $29,300 trade name impairment charge. The fair value of the Company’s publishing contracts was determined using the discounted cash flow method (income approach). Based on this test, the estimated fair value of the Company’s publishing contracts exceeded its carrying value by approximately $4,200 or 26%. The Company’s publishing contracts are subject to risk of impairment if forecasted sales expectations are not met, the assumed long-term discount rate increases, or in general the Company does not achieve its forecasted strategic turnaround. Such publishing contracts were tested for impairment and the Company determined that no impairment charge was necessary.

Gift Cards

Gift Cards	9 Months Ended
	Jan. 27, 2018
Gift Cards	8. Gift Cards The Company sells gift cards, which can be used in its stores, on www.barnesandnoble.com, on NOOK ® 12-month th The Company recognized gift card breakage of $27,496 and $20,805 during the 13 weeks ended January 27, 2018 and January 28, 2017, respectively, and $37,224 and $30,561 during the 39 weeks ended January 27, 2018 and January 28, 2017, respectively. The Company had gift card liabilities of $358,609 and $384,830 as of January 27, 2018 and January 28, 2017, respectively.

Other Long-Term Liabilities

Other Long-Term Liabilities	9 Months Ended
	Jan. 27, 2018
Other Long-Term Liabilities	9. Other Long-Term Liabilities Other long-term liabilities consist primarily of deferred rent, tax liabilities and reserves, long-term insurance liabilities and asset retirement obligations. The Company provides for minimum rent expense over the lease terms (including the build-out January 27, January 28, April 29, Deferred rent $ 52,087 62,394 59,142 Tax liabilities and reserves 8,711 9,157 8,711 Insurance liabilities 13,498 14,998 14,225 Asset retirement obligations 13,207 13,381 11,482 Other 4,209 5,282 5,751 Total other long-term liabilities $ 91,712 105,212 99,311

Income Taxes

Income Taxes	9 Months Ended
	Jan. 27, 2018
Income Taxes	10. Income Taxes The Company recorded an income tax provision of $26,125 on a pre-tax pre-tax The Company recorded an income tax benefit of $5,165 on a pre-tax pre-tax non-deductible During the 13 and 39 weeks ended January 27, 2018 the Company recognized tax expense of $11 and $915, respectively, as a result of the adoption of ASU 2016-09, The Company believes that it is reasonably possible that the total amount of unrecognized tax benefits at January 27, 2018 could decrease by approximately $863 within the next twelve months, as a result of settlement of certain tax audits or lapses of statutes of limitations, which could impact the effective tax rate. Effects of the Tax Cuts and Jobs Act New tax legislation, commonly referred to as the Tax Cuts and Jobs Act or Tax Reform, was enacted on December 22, 2017. Certain aspects of the new law, including the federal corporate tax rate change, have an immediate impact, while other significant provisions may not have an impact until the Company’s fiscal year end 2018 or 2019. Given the significance of the legislation, the SEC staff issued Staff Accounting Bulletin No. 118 (SAB 118), which allows registrants to record provisional amounts during a one year “measurement period” similar to that used when accounting for business combinations. However, the measurement period is deemed to have ended earlier when the registrant has obtained, prepared and analyzed the information necessary to finalize its accounting. During the measurement period, impacts of the law are expected to be recorded at the time a reasonable estimate for all or a portion of the effects can be made, and provisional amounts can be recognized and adjusted as information becomes available, prepared or analyzed. SAB 118 summarizes a three-step process to be applied at each reporting period to account for and qualitatively disclose: (1) the effects of the change in tax law for which accounting is complete; (2) provisional amounts (or adjustments to provisional amounts) for the effects of the tax law where accounting is not complete, but that a reasonable estimate has been determined; and (3) a reasonable estimate cannot yet be made and therefore taxes are reflected in accordance with law prior to the enactment of the Tax Cuts and Jobs Act. Items for which a reasonable estimate has been determined include the impact of the change in the corporate tax rate from 35% to 21% and the changes to the non-deductible year-end non-deductible Other significant provisions that did not have an impact on the interim provision but may impact income taxes at the Company’s fiscal year end or in future years include: limitation on the current deductibility of net interest expense in excess of 30 percent of adjusted taxable income, a limitation of net operating losses generated after fiscal 2018 to 80% of taxable income, 100% bonus depreciation on certain assets, and entertainment and other expense deduction limitation. The Company is not subject to any transition tax as there are no untaxed foreign earnings. Valuation Allowance Considerations The Company routinely performs an analysis of the realizability of its deferred tax assets and considers all evidence both positive and negative. As a result of the Company’s analysis, a valuation allowance of $34,979 was recorded during the 13 weeks ended January 27, 2018. The Company also maintains a valuation allowance against certain state items that was recorded in prior periods. The valuation allowance established in the current quarter represents a provisional amount in accordance with the Company’s preliminary computation consistent with the SAB 118 guidance.

Fair Values of Financial Instru

Fair Values of Financial Instruments	9 Months Ended
	Jan. 27, 2018
Fair Values of Financial Instruments	11. Fair Values of Financial Instruments In accordance with ASC 820, Fair Value Measurements and Disclosures Level 1 — Observable inputs that reflect quoted prices in active markets Level 2 — Inputs other than quoted prices in active markets that are either directly or indirectly observable Level 3 — Unobservable inputs in which little or no market data exists, therefore requiring the Company to develop its own assumptions The Company’s financial instruments include cash, receivables, gift cards, accrued liabilities, accounts payable and its credit facility. The fair values of cash, receivables, gift cards, accrued liabilities and accounts payable approximate carrying values because of the short-term nature of these instruments. The Company believes that its credit facility approximates fair value since interest rates are adjusted to reflect current rates.

Credit Facility

Credit Facility	9 Months Ended
	Jan. 27, 2018
Credit Facility	12. Credit Facility On August 3, 2015, the Company and certain of its subsidiaries entered into a credit agreement (Credit Agreement) with Bank of America, N.A., as administrative agent, collateral agent and swing line lender, and the other lenders from time to time party thereto, under which the lenders committed to provide a five-year asset-backed revolving credit facility in an aggregate committed principal amount of up to $700,000 (Revolving Credit Facility). On September 30, 2016, the Company amended the Credit Agreement to provide for a new “first-in, last-out” Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Wells Fargo Bank, N.A. and SunTrust Robinson Humphrey, Inc. are the joint lead arrangers for the Credit Facility. The Credit Facility replaced the prior credit facility. Proceeds from the Credit Facility are used for general corporate purposes, including seasonal working capital needs. The Company and certain of its subsidiaries are permitted to borrow under the Credit Facility. The Credit Facility is secured by substantially all of the inventory, accounts receivable and related assets of the borrowers under the Credit Facility (collectively, the Loan Parties), but excluding the equity interests in the Company and its subsidiaries, intellectual property, equipment and certain other property. Borrowings under the Credit Facility are limited to a specified percentage of eligible collateral. The Company has the option to request an increase in commitments under the Credit Facility of up to $250,000, subject to certain restrictions. The Credit Facility allows the Company to declare and pay up to $70,000 in dividends annually to its stockholders without compliance with any availability or ratio-based limitations. Interest under the Revolving Credit Facility accrues, at the election of the Company, at a LIBOR or alternate base rate, plus, in each case, an applicable interest rate margin, which is determined by reference to the level of excess availability under the Revolving Credit Facility. Through the end of the fiscal quarter during which the closing of the Revolving Credit Facility occurred, loans under the Revolving Credit Facility bore interest at LIBOR plus 1.750% per annum, in the case of LIBOR borrowings, or at the alternate base rate plus 0.750% per annum, in the alternative, and thereafter the interest rate began to fluctuate between LIBOR plus 2.000% per annum and LIBOR plus 1.500% per annum (or between the alternate base rate plus 1.000% per annum and the alternate base rate plus 0.500% per annum), based upon the average daily availability under the Revolving Credit Facility for the immediately preceding fiscal quarter. Interest under the FILO Credit Facility accrues, at the election of the Company, at a LIBOR or alternate base rate, plus, in each case, an applicable interest rate margin, which is also determined by reference to the level of excess availability under the Revolving Credit Facility. Loans under the FILO Credit Facility bear interest at 1.000% per annum more than loans under the Revolving Credit Facility. The Credit Agreement contains customary negative covenants, which limit the Company’s ability to incur additional indebtedness, create liens, make investments, make restricted payments or specified payments and merge or acquire assets, among other things. In addition, if excess availability under the Credit Facility were to fall below certain specified levels, certain additional covenants (including fixed charge coverage ratio requirements) would be triggered, and the lenders would assume dominion and control over the Loan Parties’ cash. The Credit Agreement contains customary events of default, including payment defaults, material breaches of representations and warranties, covenant defaults, default on other material indebtedness, customary ERISA events of default, bankruptcy and insolvency, material judgments, invalidity of liens on collateral, change of control or cessation of business. The Credit Agreement also contains customary affirmative covenants and representations and warranties. The Company wrote off $460 of deferred financing fees related to the prior credit facility during the second quarter of fiscal 2016 and the remaining unamortized deferred financing fees of $3,542 were deferred and are being amortized over the five-year term of the Credit Facility. The Company also incurred $5,701 of fees to secure the Credit Facility, which are being amortized over the five-year term accordingly. During the second quarter of fiscal 2017, the Company incurred $474 of fees to secure the FILO Credit Facility, which are being amortized over the same term as the Credit Facility. The Company had $59,805 and $18,200 of outstanding debt under the Credit Facility as of January 27, 2018 and January 28, 2017, respectively. The Company had $35,233 and $38,895 of outstanding letters of credit under the Credit Facility as of January 27, 2018 and January 28, 2017, respectively.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Jan. 27, 2018
Stock-Based Compensation	13. Stock-Based Compensation For the 13 and 39 weeks ended January 27, 2018 and January 28, 2017, the Company recognized stock-based compensation expense in selling and administrative expenses as follows: 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Restricted Stock Expense $ 250 210 $ 697 700 Restricted Stock Units Expense 1,032 2,004 3,020 4,114 Performance-Based Stock Unit Expense 374 158 1,071 720 Stock-Based Compensation Expense $ 1,656 2,372 $ 4,788 5,534

Defined Contribution Plan

Defined Contribution Plan	9 Months Ended
	Jan. 27, 2018
Defined Contribution Plan	14. Defined Contribution Plan The Company maintains a defined contribution plan (the Savings Plan) for the benefit of substantially all employees. Total Company contributions charged to employee benefit expenses for the Savings Plan were $2,660 and $2,621 for the 13 weeks ended January 27, 2018 and January 28, 2017, respectively, and $8,498 and $8,782 for the 39 weeks ended January 27, 2018 and January 28, 2017, respectively.

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Jan. 27, 2018
Shareholders' Equity	15. Shareholders’ Equity On October 20, 2015, the Company’s Board of Directors authorized a stock repurchase program (prior repurchase plan) of up to $50,000 of its common shares. On March 15, 2017, subsequent to completing the prior repurchase plan, the Company’s Board of Directors authorized a new stock repurchase program of up to $50,000 of its common shares. Stock repurchases under this program may be made through open market and privately negotiated transactions from time to time and in such amounts as management deems appropriate. The new stock repurchase program has no expiration date and may be suspended or discontinued at any time. The Company’s repurchase plan is intended to comply with the requirements of Rule 10b-18 As of January 27, 2018, the Company has repurchased 39,584,907 shares at a cost of approximately $1,087,067 since the inception of the Company’s stock repurchase programs. The repurchased shares are held in treasury.

EBook Settlement

EBook Settlement	9 Months Ended
	Jan. 27, 2018
EBook Settlement	16. EBook Settlement The Company provided credits to eligible customers resulting from the settlement reached with Apple Inc. (Apple) in an antitrust lawsuit filed by various State Attorneys General and private class plaintiffs regarding the price of digital books. The Company’s customers were entitled to $95,707 in total credits as a result of the settlement, which was funded by Apple. If a customer’s credit was not used to make a purchase by June 24, 2017, the entire credit would have expired. The program concluded on July 1, 2017, through which date the Company’s customers had activated $60,400 in credits, of which $56,148 were redeemed. No balances were due from the Apple settlement fund as of January 27, 2018 related to this portion of the program. On September 7, 2017, the court approved redistribution of remaining funds from the Apple settlement. Customers who redeemed some or all of their credits from the first distribution that concluded on July 1, 2017 were eligible to receive additional credits in October 2017. The Company’s customers were entitled to $14,815 in total credits as a result of the redistribution. These credits are funded by Apple and will expire on April 20, 2018. The Company estimated total activations of $10,180, which are recorded as a liability to customers to the extent they have not yet been activated and as a receivable from the Apple settlement fund to the extent they have not yet been reimbursed. As of January 27, 2018, the Company’s customers had activated $9,370 in credits, of which $8,520 were redeemed. Total receivables from the Apple settlement fund were $1,674 as of January 27, 2018.

Severance

Severance	9 Months Ended
	Jan. 27, 2018
Severance	17. Severance On February 13, 2018, the Company announced that it has implemented a new labor model for its stores that has resulted in the elimination of certain store positions. The new model will allow stores to adjust staff up or down based on the needs of the business, increase store productivity and streamline store operations. The Company recorded a charge of $10,702 for aggregate employee-related severance costs in connection with these actions within selling and administrative expenses during the 13 weeks ended January 27, 2018.

Legal Proceedings

Legal Proceedings	9 Months Ended
	Jan. 27, 2018
Legal Proceedings	18. Legal Proceedings The Company is involved in a variety of claims, suits, investigations and proceedings that arise from time to time in the ordinary course of its business, including actions with respect to contracts, intellectual property, taxation, employment, benefits, securities, personal injuries and other matters. The results of these proceedings in the ordinary course of business are not expected to have a material adverse effect on the Company’s consolidated financial position or results of operations. The Company records a liability when it believes that it is both probable that a liability will be incurred, and the amount of loss can be reasonably estimated. The Company evaluates, at least quarterly, developments in its legal matters that could affect the amount of liability that has been previously accrued and makes adjustments as appropriate. Significant judgment is required to determine both probability and the estimated amount of a loss or potential loss. The Company may be unable to reasonably estimate the reasonably possible loss or range of loss for a particular legal contingency for various reasons, including, among others: (i) if the damages sought are indeterminate; (ii) if proceedings are in the early stages; (iii) if there is uncertainty as to the outcome of pending proceedings (including motions and appeals); (iv) if there is uncertainty as to the likelihood of settlement and the outcome of any negotiations with respect thereto; (v) if there are significant factual issues to be determined or resolved; (vi) if the proceedings involve a large number of parties; (vii) if relevant law is unsettled or novel or untested legal theories are presented; or (viii) if the proceedings are taking place in jurisdictions where the laws are complex or unclear. In such instances, there is considerable uncertainty regarding the ultimate resolution of such matters, including a possible eventual loss, if any. With respect to the legal matters described below, the Company has determined, based on its current knowledge, that the amount of loss or range of loss that is reasonably possible, including any reasonably possible losses in excess of amounts already accrued, is not reasonably estimable. However, legal matters are inherently unpredictable and subject to significant uncertainties, some of which are beyond the Company’s control. As such, there can be no assurance that the final outcome of these matters will not materially and adversely affect the Company’s business, financial condition, results of operations, or cash flows. The following is a discussion of the material legal matters involving the Company. PIN Pad Litigation As previously disclosed, the Company discovered that PIN pads in certain of its stores had been tampered with to allow criminal access to card data and PIN numbers on credit and debit cards swiped through the terminals. Following public disclosure of this matter on October 24, 2012, the Company was served with four putative class action complaints (three in federal district court in the Northern District of Illinois and one in the Northern District of California), each of which alleged on behalf of national and other classes of customers who swiped credit and debit cards in Barnes & Noble Retail stores common law claims such as negligence, breach of contract and invasion of privacy, as well as statutory claims such as violations of the Fair Credit Reporting Act, state data breach notification statutes, and state unfair and deceptive practices statutes. The actions sought various forms of relief including damages, injunctive or equitable relief, multiple or punitive damages, attorneys’ fees, costs, and interest. All four cases were transferred and/or assigned to a single judge in the United States District Court for the Northern District of Illinois, and a single consolidated amended complaint was filed. The Company filed a motion to dismiss the consolidated amended complaint in its entirety, and in September 2013, the Court granted the motion to dismiss without prejudice. The Plaintiffs then filed an amended complaint, and the Company filed a second motion to dismiss. On October 3, 2016, the Court granted the second motion to dismiss, and dismissed the case without prejudice; in doing so, the Court permitted plaintiffs to file a second amended complaint by October 31, 2016. On October 31, 2016, the plaintiffs filed a second amended complaint, and on January 25, 2017 the Company filed a motion to dismiss the second amended complaint. On June 13, 2017, the Court granted the Company’s motion to dismiss with prejudice. Plaintiffs filed a notice of appeal to the United States Court of Appeals for the Seventh Circuit. The appeal is fully briefed, and the Court heard oral argument on December 6, 2017. The Court of Appeals’ decision is pending. Cassandra Carag individually and on behalf of others similarly situated v. Barnes & Noble, Inc., Barnes & Noble Booksellers, Inc. and DOES 1 through 100 inclusive On November 27, 2013, former Associate Store Manager Cassandra Carag (Carag) brought suit in Sacramento County Superior Court, asserting claims on behalf of herself and all other hourly (non-exempt) off-the-clock Café Manager Class Actions Two former Café Managers have filed separate actions alleging similar claims of entitlement to unpaid compensation for overtime. In each action, the plaintiff seeks to represent a class of allegedly similarly situated employees who performed the same position (Café Manager). Specifically, Christine Hartpence filed a complaint against Barnes & Noble, Inc. (Barnes & Noble) in Philadelphia County Court of Common Pleas on May 26, 2015, alleging that she is entitled to unpaid compensation for overtime under Pennsylvania law and seeking to represent a class of allegedly similarly situated employees who performed the same position (Café Manager). On July 14, 2016, Ms. Hartpence amended her complaint to assert a purported collective action for alleged unpaid overtime compensation under the federal Fair Labor Standards Act (FLSA), by which she sought to act as a class representative for similarly situated Café Managers throughout the United States. On July 27, 2016, Barnes & Noble removed the case to the U.S. District Court of the Eastern District of Pennsylvania. Ms. Hartpence then voluntarily dismissed her complaint and subsequently re-filed re-filed On September 20, 2016, Kelly Brown filed a complaint against Barnes & Noble in the U.S. District Court for the Southern District of New York in which she also alleges that she is entitled to unpaid compensation under the FLSA and Illinois law. Ms. Brown seeks to represent a national class of all similarly situated Café Managers under the FLSA, as well as an Illinois-based class under Illinois law. On November 9, 2016, Ms. Brown filed an amended complaint to add an additional plaintiff named Tiffany Stewart, who is a former Café Manager who also alleges unpaid overtime compensation in violation of New York law and seeks to represent a class of similarly situated New York-based Café Managers under New York law. On May 2, 2017, the Court denied Plaintiffs’ Motion for Conditional Certification, without prejudice. The Plaintiffs filed a renewed motion for Conditional Certification on November 17, 2017, which is now fully briefed by the parties and pending before the Court. There are currently 18 former Café Managers who have joined the action as opt-in Bernardino v. Barnes & Noble Booksellers, Inc. On June 16, 2017, a putative class action complaint was filed against Barnes & Noble Booksellers, Inc. (B&N Booksellers) in the United States District Court for the Southern District of New York, alleging violations of the federal Video Privacy Protection Act and related New York law. The plaintiff, who seeks to represent a class of subscribers of Facebook, Inc. (Facebook) who purchased DVDs or other video media from the Barnes & Noble website, seeks damages, injunctive relief and attorneys’ fees, among other things, based on her allegation that B&N Booksellers supposedly knowingly disclosed her personally identifiable information to Facebook without her consent when she bought a DVD from Barnes & Noble’s website. On July 10, 2017, the plaintiff moved for a preliminary injunction requiring Barnes & Noble to change the operation of its website, which motion B&N Booksellers opposed. On July 31, 2017, B&N Booksellers moved to compel the case to arbitration, consistent with the terms of use on Barnes & Noble’s website. On August 28, 2017, the court denied the plaintiff’s motion for a preliminary injunction. On January 31, 2018, the court granted B&N Booksellers’ motion to compel arbitration, and the clerk of court closed the case on February 1, 2018.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Jan. 27, 2018
Recent Accounting Pronouncements	19. Recent Accounting Pronouncements In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment 2017-04) . tax-deductible 2017-04 In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230)—Classification of Certain Cash Receipts and Cash Payments 2016-15). 2016-15 In March 2016, the FASB issued ASU 2016-09, Compensation—Stock Compensation (Topic 718)—Improvements to Employee Share-Based Payment Accounting 2016-09). 2016-09 2016-09 paid-in The Company adopted ASU 2016-09 paid-in In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) 2016-02), 2016-02 right-of-use 2016-02 2016-02 In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory 2015-11), 2015-11, 2015-11 2015-11 first-in, first-out 2015-11 2015-11. In May 2014, the FASB issued ASU 2014-09. 2014-09, 2015-14, 2016-08, 2016-10, 2016-12 2016-20, 2014-09

Net Earnings (Loss) per Share (

Net Earnings (Loss) per Share (Tables)	9 Months Ended
	Jan. 27, 2018
Reconciliation of Basic and Diluted Income (loss) Per Share	The following is a reconciliation of the Company’s basic and diluted income (loss) per share calculation: 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Numerator for basic income (loss) per share: Net income (loss) $ (63,536 ) 70,276 $ (104,408 ) 35,451 Less allocation of dividends to participating securities (21 ) (168 ) (59 ) (559 ) Less allocation of undistributed earnings to participating securities — (948 ) — (42 ) Net income (loss) available to common shareholders $ (63,557 ) 69,160 $ (104,467 ) 34,850 Numerator for diluted income (loss) per share: Net income (loss) available to common shareholders $ (63,557 ) 69,160 $ (104,467 ) 34,850 Allocation of undistributed earnings to participating securities — 948 — 42 Less diluted allocation of undistributed earnings to participating securities — (946 ) — (42 ) Net income (loss) available to common shareholders $ (63,557 ) 69,162 $ (104,467 ) 34,850 Denominator for basic income (loss) per share: Basic weighted average common shares 72,649 71,581 72,566 72,232 Denominator for diluted income (loss) per share: Basic weighted average common shares 72,649 71,581 72,566 72,232 Average dilutive options — 68 — 77 Average dilutive non-participating — 65 — 78 Diluted weighted average common shares 72,649 71,714 72,566 72,387 Income (loss) per common share: Basic $ (0.87 ) 0.97 $ (1.44 ) 0.48 Diluted $ (0.87 ) 0.96 $ (1.44 ) 0.48

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Jan. 27, 2018
Summarized Financial Information of Reportable Segments	Summarized financial information concerning the Company’s reportable segments is presented below: Sales by Segment 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ 1,210,417 1,276,039 $ 2,810,162 2,988,471 NOOK 30,930 38,434 86,394 114,524 Elimination (a) (9,576 ) (13,565 ) (20,352 ) (29,657 ) Total $ 1,231,771 1,300,908 $ 2,876,204 3,073,338 Sales by Product Line 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Media (b) 66 % 66 % 69 % 69 % Digital (c) 2 % 3 % 3 % 3 % Other (d) 32 % 31 % 28 % 28 % Total 100 % 100 % 100 % 100 % Depreciation and Amortization 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ 25,295 25,236 $ 72,491 74,756 NOOK 2,950 3,816 9,351 15,327 Total $ 28,245 29,052 $ 81,842 90,083 Operating Income (Loss) 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ (33,546 ) 134,991 $ (95,367 ) 106,541 NOOK (1,329 ) (6,204 ) (6,952 ) (28,408 ) Total $ (34,875 ) 128,787 $ (102,319 ) 78,133 Capital Expenditures 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, B&N Retail $ 18,833 19,615 $ 64,777 68,822 NOOK 1,606 2,313 5,194 4,843 Total $ 20,439 21,928 $ 69,971 73,665 Total Assets (e) January 27, January 28, B&N Retail $ 1,761,571 1,924,220 NOOK 26,274 44,736 Total $ 1,787,845 1,968,956 (a) Represents sales from NOOK to B&N Retail on a sell-through basis. (b) Includes tangible books, music, movies, rentals and newsstand. (c) Includes NOOK ® (d) Includes Toys & Games, café products, gifts and miscellaneous other. (e) Excludes intercompany balances.
Reconciliation of Operating Income (Loss) from Reportable Segments	A reconciliation of operating income (loss) from reportable segments to income (loss) before taxes in the consolidated financial statements is as follows: 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Reportable segments operating income (loss) $ (34,875 ) 128,787 $ (102,319 ) 78,133 Interest expense, net and amortization of deferred financing costs 2,536 2,076 7,254 5,666 Consolidated income (loss) before taxes $ (37,411 ) 126,711 $ (109,573 ) 72,467

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	9 Months Ended
	Jan. 27, 2018
Amortizable Intangible Assets and Unamortizable Intangible Assets	Useful As of January 27, 2018 Amortizable Intangible Assets Gross Carrying Accumulated Total Technology 5-10 $ 10,710 (10,303 ) $ 407 Other 3-10 6,524 (6,468 ) 56 $ 17,234 (16,771 ) $ 463 Unamortizable Intangible Assets Trade name $ 293,400 Publishing contracts 15,894 $ 309,294 Total amortizable and unamortizable intangible assets as of January 27, 2018 $ 309,757 As of January 28, 2017 Amortizable Intangible Assets Useful Gross Carrying Accumulated Total Technology 5-10 $ 10,710 (9,895 ) $ 815 Distribution contracts 10 8,325 (8,127 ) 198 Other 3-10 6,418 (6,356 ) 62 $ 25,453 (24,378 ) $ 1,075 Unamortizable Intangible Assets Trade name $ 293,400 Publishing contracts 15,894 $ 309,294 Total amortizable and unamortizable intangible assets as of January 28, 2017 $ 310,369
Aggregate Amortization Expense	Aggregate Amortization Expense For the 39 weeks ended January 27, 2018 $ 514 For the 39 weeks ended January 28, 2017 $ 577
Estimated Amortization Expense	Estimated Amortization Expense (12 months ending on or about April 30) 2018 $ 631 2019 $ 346
Schedule of Goodwill	The carrying amounts of goodwill, which relate to the B&N Retail reporting unit, as of January 27, 2018 and January 28, 2017 are as follows: Total Company Balance as of January 28, 2017 $ 211,276 Fiscal 2017 benefit of excess tax amortization (3,895 ) Impairment charge (133,612 ) Balance as of January 27, 2018 $ 73,769

Other Long-Term Liabilities (Ta

Other Long-Term Liabilities (Tables)	9 Months Ended
	Jan. 27, 2018
Other Long-Term Liabilities	for certain retired employees. The Company had the following other long-term liabilities at January 27, 2018, January 28, 2017 and April 29, 2017: January 27, January 28, April 29, Deferred rent $ 52,087 62,394 59,142 Tax liabilities and reserves 8,711 9,157 8,711 Insurance liabilities 13,498 14,998 14,225 Asset retirement obligations 13,207 13,381 11,482 Other 4,209 5,282 5,751 Total other long-term liabilities $ 91,712 105,212 99,311

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Jan. 27, 2018
Stock-Based Compensation Expense in Selling and Administrative Expenses	For the 13 and 39 weeks ended January 27, 2018 and January 28, 2017, the Company recognized stock-based compensation expense in selling and administrative expenses as follows: 13 weeks ended 39 weeks ended January 27, January 28, January 27, January 28, Restricted Stock Expense $ 250 210 $ 697 700 Restricted Stock Units Expense 1,032 2,004 3,020 4,114 Performance-Based Stock Unit Expense 374 158 1,071 720 Stock-Based Compensation Expense $ 1,656 2,372 $ 4,788 5,534

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($)	9 Months Ended
	Jan. 27, 2018	Apr. 29, 2017	Jan. 28, 2017
Deferred Revenue Arrangement [Line Items]
Estimated life of NOOK, years	2 years
Nook
Deferred Revenue Arrangement [Line Items]
Recognized over	2 years
Deferred revenue	$ 82,000	$ 226,000	$ 279,000
Nook | Minimum
Deferred Revenue Arrangement [Line Items]
Average percent, NOOK's sales price	0.00%
Nook | Maximum
Deferred Revenue Arrangement [Line Items]
Average percent, NOOK's sales price	5.00%
Annual Fee
Deferred Revenue Arrangement [Line Items]
Non-refundable, after first 30 days, annual fee	$ 25

Internal-use Software and Web36

Internal-use Software and Website Development Costs - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Software and Software Development Costs
Finite-Lived Intangible Assets [Line Items]
Useful Life			3 years
Capitalized software costs			$ 12,843	$ 14,696
Capitalized Computer Software, Amortization	$ 5,543	$ 5,403	$ 16,388	$ 18,152
Website Development Costs
Finite-Lived Intangible Assets [Line Items]
Useful Life			7 years

Net Earnings (Loss) per Share -

Net Earnings (Loss) per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Stock Options and Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from the calculation of earnings per share	56,776	132,686	44,279	155,113
Participating Securities
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from the calculation of earnings per share	142,237		123,066

Reconciliation of Basic and Dil

Reconciliation of Basic and Diluted Income (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Numerator for basic income (loss) per share:
Net income (loss)	$ (63,536)	$ 70,276	$ (104,408)	$ 35,451
Less allocation of dividends to participating securities	(21)	(168)	(59)	(559)
Less allocation of undistributed earnings to participating securities		(948)		(42)
Net income (loss) available to common shareholders	(63,557)	69,160	(104,467)	34,850
Numerator for diluted income (loss) per share:
Net income (loss) available to common shareholders	(63,557)	69,160	(104,467)	34,850
Allocation of undistributed earnings to participating securities		948		42
Less diluted allocation of undistributed earnings to participating securities		(946)		(42)
Net income (loss) available to common shareholders	$ (63,557)	$ 69,162	$ (104,467)	$ 34,850
Denominator for basic income (loss) per share:
Basic weighted average common shares	72,649	71,581	72,566	72,232
Denominator for diluted income (loss) per share:
Basic weighted average common shares	72,649	71,581	72,566	72,232
Average dilutive options		68		77
Average dilutive non-participating securities		65		78
Diluted weighted average common shares	72,649	71,714	72,566	72,387
Income (loss) per common share:
Basic	$ (0.87)	$ 0.97	$ (1.44)	$ 0.48
Diluted	$ (0.87)	$ 0.96	$ (1.44)	$ 0.48

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	9 Months Ended
	Jan. 27, 2018StoreSegment
Segment Reporting Information [Line Items]
Number of operating segments | Segment	2
B&N Retail
Segment Reporting Information [Line Items]
Number of stores | Store	630

Summarized Financial Informatio

Summarized Financial Information Reportable Segments (Detail) - USD ($) $ in Thousands		3 Months Ended				9 Months Ended
		Jan. 27, 2018		Jan. 28, 2017		Jan. 27, 2018		Jan. 28, 2017		Apr. 29, 2017
Segment Reporting Information [Line Items]
Sales		$ 1,231,771		$ 1,300,908		$ 2,876,204		$ 3,073,338
Depreciation and amortization		$ 28,245		$ 29,052		$ 81,842		$ 90,083
Sales by Product Line		100.00%		100.00%		100.00%		100.00%
Operating Income (Loss)		$ (34,875)		$ 128,787		$ (102,319)		$ 78,133
Capital Expenditures		20,439		21,928		69,971		73,665
Total Assets		$ 1,787,845	[1]	$ 1,968,956	[1]	$ 1,787,845	[1]	$ 1,968,956	[1]	$ 1,932,921
Media
Segment Reporting Information [Line Items]
Sales by Product Line	[2]	66.00%		66.00%		69.00%		69.00%
Digital
Segment Reporting Information [Line Items]
Sales by Product Line	[3]	2.00%		3.00%		3.00%		3.00%
Other
Segment Reporting Information [Line Items]
Sales by Product Line	[4]	32.00%		31.00%		28.00%		28.00%
B&N Retail
Segment Reporting Information [Line Items]
Total Assets	[1]	$ 1,761,571		$ 1,924,220		$ 1,761,571		$ 1,924,220
Nook
Segment Reporting Information [Line Items]
Total Assets	[1]	26,274		44,736		26,274		44,736
Operating Segments | B&N Retail
Segment Reporting Information [Line Items]
Sales		1,210,417		1,276,039		2,810,162		2,988,471
Depreciation and amortization		25,295		25,236		72,491		74,756
Operating Income (Loss)		(33,546)		134,991		(95,367)		106,541
Capital Expenditures		18,833		19,615		64,777		68,822
Operating Segments | Nook
Segment Reporting Information [Line Items]
Sales		30,930		38,434		86,394		114,524
Depreciation and amortization		2,950		3,816		9,351		15,327
Operating Income (Loss)		(1,329)		(6,204)		(6,952)		(28,408)
Capital Expenditures		1,606		2,313		5,194		4,843
Elimination
Segment Reporting Information [Line Items]
Sales	[5]	$ (9,576)		$ (13,565)		$ (20,352)		$ (29,657)
[1]	Excludes intercompany balances.
[2]	Includes tangible books, music, movies, rentals and newsstand.
[3]	Includes NOOK®, related accessories, eContent and warranties.
[4]	Includes Toys & Games, café products, gifts and miscellaneous other.
[5]	Represents sales from NOOK to B&N Retail on a sell-through basis.

Reconciliation of Operating Inc

Reconciliation of Operating Income (Loss) from Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reportable segments operating income (loss)	$ (34,875)	$ 128,787	$ (102,319)	$ 78,133
Interest expense, net and amortization of deferred financing costs	2,536	2,076	7,254	5,666
Consolidated income (loss) before taxes	$ (37,411)	$ 126,711	$ (109,573)	$ 72,467

Amortizable Intangible Assets a

Amortizable Intangible Assets and Unamortizable Intangible Assets (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Apr. 29, 2017
Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	$ 17,234	$ 25,453
Accumulated Amortization	(16,771)	(24,378)
Total	463	1,075
Unamortizable intangible assets	309,294	309,294
Total amortizable and unamortizable, intangible assets	309,757	310,369	$ 310,205
Trade name
Intangible Assets by Major Class [Line Items]
Unamortizable intangible assets	293,400	293,400
Publishing contracts
Intangible Assets by Major Class [Line Items]
Unamortizable intangible assets	15,894	15,894
Technology
Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	10,710	10,710
Accumulated Amortization	(10,303)	(9,895)
Total	$ 407	$ 815
Technology | Minimum
Intangible Assets by Major Class [Line Items]
Useful Life	5 years	5 years
Technology | Maximum
Intangible Assets by Major Class [Line Items]
Useful Life	10 years	10 years
Distribution contracts
Intangible Assets by Major Class [Line Items]
Useful Life		10 years
Gross Carrying Amount		$ 8,325
Accumulated Amortization		(8,127)
Total		198
Other
Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	$ 6,524	6,418
Accumulated Amortization	(6,468)	(6,356)
Total	$ 56	$ 62
Other | Minimum
Intangible Assets by Major Class [Line Items]
Useful Life	3 years	3 years
Other | Maximum
Intangible Assets by Major Class [Line Items]
Useful Life	10 years	10 years

Aggregate Amortization Expense

Aggregate Amortization Expense (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017
Goodwill and Intangible Assets Disclosure [Line Items]
Aggregate Amortization Expense	$ 514	$ 577

Estimated Amortization Expense

Estimated Amortization Expense (Detail) $ in Thousands	Jan. 27, 2018USD ($)
Estimated Amortization Expense [Line Items]
2,018	$ 631
2,019	$ 346

Schedule of Goodwill (Detail)

Schedule of Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Jan. 27, 2018	Jan. 27, 2018	Jan. 27, 2018
Goodwill [Line Items]
Beginning balance		$ 207,381	$ 211,276
Fiscal 2017 benefit of excess tax amortization			(3,895)
Impairment charge	$ (133,612)	(133,612)	(133,612)
Ending balance	$ 73,769	$ 73,769	$ 73,769

Intangible Assets and Goodwil46

Intangible Assets and Goodwill - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Jan. 27, 2018	Jan. 27, 2018	Jan. 27, 2018	Dec. 30, 2017	Oct. 29, 2017	Apr. 29, 2017	Jan. 28, 2017
Goodwill [Line Items]
Goodwill	$ 73,769	$ 73,769	$ 73,769			$ 207,381	$ 211,276
Goodwill impairment	133,612	133,612	133,612
B&N Retail
Goodwill [Line Items]
Goodwill					$ 207,381
Amount of fair value in excess of carrying amount					$ 26,800
Percentage of fair value in excess of carrying amount					5.00%
Goodwill impairment		133,612
50% basis point decline in longterm growth rates, goodwill, impairment loss		10,100
100% basis point increase in longterm growth rates, goodwill, impairment loss		23,500
Nook | Trade name
Goodwill [Line Items]
Goodwill	0	0	0
Amount of fair value in excess of carrying amount				$ 23,500	$ 17,100
Percentage of fair value in excess of carrying amount				8.00%	5.00%
800% basis point decline in longterm growth rates, goodwill, impairment loss		1,900
200% basis point increase in longterm growth rates, goodwill, impairment loss		29,300
Nook | Publishing contracts
Goodwill [Line Items]
Amount of fair value in excess of carrying amount	$ 4,200	$ 4,200	$ 4,200
Percentage of fair value in excess of carrying amount	26.00%	26.00%	26.00%

Gift Cards - Additional Informa

Gift Cards - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017	Apr. 29, 2017
Gift Cards [Line Items]
Gift card breakage	$ 27,496	$ 20,805	$ 37,224	$ 30,561
Gift card liabilities	$ 358,609	$ 384,830	$ 358,609	$ 384,830	$ 351,424

Other Long-Term Liabilities (De

Other Long-Term Liabilities (Detail) - USD ($) $ in Thousands	Jan. 27, 2018	Apr. 29, 2017	Jan. 28, 2017
Other Long-Term Liabilities
Deferred rent	$ 52,087	$ 59,142	$ 62,394
Tax liabilities and reserves	8,711	8,711	9,157
Insurance liabilities	13,498	14,225	14,998
Asset retirement obligations	13,207	11,482	13,381
Other	4,209	5,751	5,282
Total other long-term liabilities	$ 91,712	$ 99,311	$ 105,212

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended			9 Months Ended
	Apr. 28, 2018	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Income Taxes [Line Items]
Income (loss) before taxes		$ (37,411,000)	$ 126,711,000	$ (109,573,000)	$ 72,467,000
Income taxes benefit		$ 26,125,000	$ 56,435,000	$ (5,165,000)	$ 37,016,000
Effective income tax rate		(69.80%)	44.50%	4.70%	51.10%
Amount of unrecognized tax benefits reasonably possible		$ 863,000		$ 863,000
Corporate tax rate		3500.00%
US income tax expense (benefit), continuing operations, adjustment of deferred tax (asset) liability		$ 26,403
Current deductibility of net interest expense on adjusted taxable income, threshold percentage				30.00%
Net operating losses on taxable income, threshold percentage				80.00%
Bonus depreciation on assets, threshold percentage				100.00%
Deferred tax assets, valuation allowance		34,979,000		$ 34,979,000
Scenario Forecast
Income Taxes [Line Items]
Corporate tax rate	2100.00%
ASU 2016-09
Income Taxes [Line Items]
Excess tax benefits on share based payments		$ 11,000		$ 915,000

Credit Facility - Additional In

Credit Facility - Additional Information (Detail) - USD ($)	Aug. 03, 2015	Oct. 29, 2016	Oct. 31, 2015	Jan. 27, 2018	Jan. 28, 2017	Sep. 30, 2016
Line of Credit Facility [Line Items]
Allowable annual dividend payment under credit facility				$ 70,000,000
Line of credit facility, amount outstanding				59,805,000	$ 18,200,000
Letters of credit, outstanding amount				$ 35,233,000	$ 38,895,000
Amended Credit Agreement
Line of Credit Facility [Line Items]
Write off of deferred financing fees			$ 460,000
Unamortized deferred financing fees			3,542,000
Credit Facility
Line of Credit Facility [Line Items]
Unamortized deferred financing fees			$ 5,701,000
Amortization period for deferred financing fees			5 years
Credit Facility | Maximum
Line of Credit Facility [Line Items]
Option to increase in commitments under credit agreement	$ 250,000,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Credit facility maturity term, in years	5 years
Credit facility, borrowing capacity	$ 700,000,000
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Debt instrument, percentage points added to reference rate	1.75%
Revolving Credit Facility | Base Rate
Line of Credit Facility [Line Items]
Debt instrument, percentage points added to reference rate	0.75%
Revolving Credit Facility | Maximum | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Debt instrument, percentage points added to reference rate	2.00%
Revolving Credit Facility | Maximum | Base Rate
Line of Credit Facility [Line Items]
Debt instrument, percentage points added to reference rate	1.00%
Revolving Credit Facility | Minimum | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Debt instrument, percentage points added to reference rate	1.50%
Revolving Credit Facility | Minimum | Base Rate
Line of Credit Facility [Line Items]
Debt instrument, percentage points added to reference rate	0.50%
FILO Credit Facility, Revolving Credit Facility, the Credit Facility
Line of Credit Facility [Line Items]
Credit facility, borrowing capacity						$ 50,000,000
Debt instrument, interest rate description				Interest under the Revolving Credit Facility accrues, at the election of the Company, at a LIBOR or alternate base rate, plus, in each case, an applicable interest rate margin, which is determined by reference to the level of excess availability under the Revolving Credit Facility.
Debt instrument, interest rate	1.00%
Unamortized deferred financing fees		$ 474,000
Amortization period for deferred financing fees		5 years

Stock-Based Compensation Expens

Stock-Based Compensation Expense in Selling and Administrative Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ 1,656	$ 2,372	$ 4,788	$ 5,534
Selling and Administrative Expenses | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	250	210	697	700
Selling and Administrative Expenses | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	1,032	2,004	3,020	4,114
Selling and Administrative Expenses | Performance Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ 374	$ 158	$ 1,071	$ 720

Defined Contribution Plan - Add

Defined Contribution Plan - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017
Defined Contribution Plan Disclosure [Line Items]
Company contributions, employee benefit expenses	$ 2,660	$ 2,621	$ 8,498	$ 8,782

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 27, 2018	Jan. 28, 2017	Jan. 27, 2018	Jan. 28, 2017	Apr. 29, 2017	Mar. 15, 2017	Oct. 20, 2015
Class of Stock [Line Items]
Treasury stock repurchased, shares	0	311,020	0	2,019,798
Treasury stock repurchase plan		$ 3,493,000		$ 23,282,000
Treasury stock, shares	39,585,000	40,093,000	39,585,000	40,093,000	39,497,000
Treasury stock, at cost	$ 1,121,724,000	$ 1,135,299,000	$ 1,121,724,000	$ 1,135,299,000	$ 1,121,071,000
Maximum
Class of Stock [Line Items]
Number of shares authorized to be repurchase						$ 50,000,000	$ 50,000,000
Stock Repurchase Program
Class of Stock [Line Items]
Treasury stock, shares	39,584,907,000		39,584,907,000
Treasury stock, at cost	$ 1,087,067,000		$ 1,087,067,000
New Stock Repurchase Program
Class of Stock [Line Items]
Stock repurchase program, remaining authorized repurchase amount	$ 50,000,000		$ 50,000,000

EBook Settlement - Additional I

EBook Settlement - Additional Information (Detail) - Apple Inc - Antitrust Lawsuit on Price of Digital Books - USD ($) $ in Thousands	Jan. 27, 2018	Sep. 07, 2017	Jul. 01, 2017	Jan. 27, 2018
Loss Contingencies [Line Items]
Credit settlement amount				$ 95,707
Redemptions receivable from Apple	$ 0			0
Activated credit amount			$ 60,400
Credit redeemed			$ 56,148
Court Approved Redistribution
Loss Contingencies [Line Items]
Credit settlement amount		$ 14,815
Redemptions receivable from Apple	1,674			1,674
Activated credit amount	9,370
Credit redeemed	8,520
Customer redemptions liability	$ 10,180			$ 10,180

Severance - Additional Informat

Severance - Additional Information (Detail) - Selling and Administrative Expenses - Employee Severance $ in Thousands	3 Months Ended
	Jan. 27, 2018USD ($)
Restructuring Cost and Reserve [Line Items]
New labor model implemented date	Feb. 13, 2018
Restructuring cost	$ 10,702

Legal Proceedings - Additional

Legal Proceedings - Additional Information (Detail)	Nov. 27, 2013LegalMatter	Nov. 01, 2017Case
Carag
Loss Contingencies [Line Items]
Number of putative shareholder derivative complaints filed | LegalMatter	1
Cafe Manager Class Actions | Pending Litigation
Loss Contingencies [Line Items]
Number of pending cases, consolidated by the Court | Case		2

Recent Accounting Pronounceme57

Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jan. 27, 2018	Jan. 27, 2018	Jan. 28, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Change in accounting principle, effect of adoption		$ 2,347
Additional Paid-In Capital
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Change in accounting principle, effect of adoption		1,310
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Change in accounting principle, effect of adoption		1,037
ASU 2016-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Excess tax benefits on share based payments	$ 11	915
Unrecognized excess tax benefits	$ 1,823	1,823
Excess tax benefit from share-based compensation, operating activities			$ 88
ASU 2016-09 | Scenario, Previously Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Excess tax benefit from share-based compensation, financing activities			$ 88
ASU 2016-09 | Additional Paid-In Capital
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Change in accounting principle, effect of adoption		1,310
ASU 2016-09 | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Change in accounting principle, effect of adoption		(786)
ASU 2016-09 | Deferred Taxes
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Change in accounting principle, effect of adoption		$ (524)