Barnes & Noble Education Inc (BNED) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
120 MOUNTAIN VIEW BOULEVARD BASKING RIDGE, NJ 07920 |
| State of Incorp. | DE |
| Fiscal Year End | April 30 |
| Industry (SIC) | 594 - Miscellaneous Shopping Goods Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 4/30/2024 | 1/31/2024 MRQ | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8 | 14 | 10 | 8 | 8 | 14 | |||
| Cash and cash equivalents | 8 | 14 | 10 | 8 | 8 | 14 | |||
| Restricted cash and investments | 6 | ||||||||
| Receivables | 315 | 93 | 137 | 121 | 91 | 98 | |||
| Inventory, net of allowances, customer advances and progress billings | 342 | 323 | 294 | 281 | 429 | 420 | |||
| Inventory | 342 | 323 | 294 | 281 | 429 | 420 | |||
| Advances on inventory purchases | 2 | 2 | 3 | 1 | 6 | ||||
| Disposal group, including discontinued operation | 27 | ||||||||
| Other undisclosed current assets | 93 | 78 | 89 | 88 | 56 | 52 | |||
| Total current assets: | 764 | 537 | 533 | 501 | 585 | 591 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 220 | 247 | 287 | 240 | 251 | ✕ | |||
| Property, plant and equipment | 57 | 68 | 94 | 89 | 98 | 110 | |||
| Intangible assets, net (including goodwill) | 98 | 111 | 134 | 156 | 180 | 200 | |||
| Goodwill | 5 | 5 | 5 | 5 | |||||
| Intangible assets, net (excluding goodwill) | 98 | 111 | 130 | 151 | 175 | 195 | |||
| Deferred income tax assets | 0 | 23 | 8 | ✕ | |||||
| Other noncurrent assets | 12 | 18 | 24 | 29 | 35 | 43 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
| Total noncurrent assets: | 388 | 444 | 539 | 538 | 572 | 355 | |||
| TOTAL ASSETS: | 1,152 | 981 | 1,072 | 1,038 | 1,156 | 946 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 500 | 354 | 278 | 230 | 239 | 309 | |||
| Accounts payable | 343 | 268 | 183 | 138 | 144 | 187 | |||
| Accrued liabilities | 157 | 86 | 95 | 93 | 95 | 122 | |||
| Deferred revenue | 49 | 11 | 0 | 0 | ✕ | ||||
| Debt | 224 | 40 | 50 | 168 | 100 | ||||
| Disposal group, including discontinued operation | 8 | ||||||||
| Other undisclosed current liabilities | 76 | 89 | 97 | 92 | |||||
| Total current liabilities: | 850 | 462 | 415 | 373 | 407 | 409 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 182 | 405 | 312 | 286 | 34 | ||||
| Long-term debt, excluding current maturities | 182 | 186 | 128 | 100 | 34 | ||||
| Liabilities, other than long-term debt | 175 | 206 | 23 | 52 | 46 | 54 | |||
| Deferred income tax liabilities | 2 | 2 | 1 | ✕ | |||||
| Other liabilities | 17 | 19 | 21 | 52 | 46 | 54 | |||
| Operating lease, liability | 155 | 185 | 220 | 185 | 186 | ✕ | |||
| Other undisclosed noncurrent liabilities | 30 | ||||||||
| Total noncurrent liabilities: | 205 | 388 | 428 | 364 | 332 | 87 | |||
| Total liabilities: | 1,054 | 850 | 843 | 737 | 739 | 496 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 97 | 131 | 228 | 301 | 418 | 451 | |||
| Common stock | 1 | 1 | |||||||
| Treasury stock, value | (23) | (22) | (22) | (19) | (33) | (32) | |||
| Additional paid in capital | 748 | 746 | 741 | 734 | 733 | 726 | |||
| Accumulated deficit | (629) | (593) | (491) | (415) | (283) | (245) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | 1 | |||||
| Total equity: | 97 | 131 | 228 | 301 | 418 | 451 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,152 | 981 | 1,072 | 1,038 | 1,156 | 946 | |||
Income Statement (P&L) ($ in millions)
| 4/30/2024 | 1/31/2024 TTM | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,546 | 1,543 | 1,531 | 1,434 | 1,851 | 2,035 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,223) | (1,194) | (1,159) | (1,181) | (1,409) | (1,507) | ||
| Gross profit: | 324 | 349 | 373 | 253 | 443 | 528 | ||
| Operating expenses | (350) | (410) | (434) | (401) | (485) | (497) | ||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (6) | (6) | (6) | (28) | (0) | (58) | ||
| Other undisclosed operating loss | (1) | |||||||
| Operating loss: | (32) | (66) | (67) | (176) | (43) | (28) | ||
| Interest and debt expense | (1) | (0) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (8) | (6) | (10) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (32) | (66) | (67) | (184) | (50) | (37) | ||
| Other undisclosed loss from continuing operations before income taxes | (37) | (23) | (10) | |||||
| Loss from continuing operations before income taxes: | (69) | (89) | (78) | (184) | (50) | (37) | ||
| Income tax expense (benefit) | (1) | (1) | 9 | 52 | 12 | 13 | ||
| Loss from continuing operations: | (70) | (90) | (69) | (132) | (38) | (24) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (69) | (132) | (38) | (24) | |
| Loss from discontinued operations | (1) | |||||||
| Net loss: | (70) | (90) | (69) | (132) | (38) | (24) | ||
| Other undisclosed net loss attributable to parent | (12) | (12) | ||||||
| Net loss attributable to parent: | (82) | (102) | (69) | (132) | (38) | (24) | ||
| Other undisclosed net loss available to common stockholders, basic | (0) | |||||||
| Net loss available to common stockholders, diluted: | (82) | (102) | (69) | (132) | (38) | (24) | ||
Comprehensive Income ($ in millions)
| 4/30/2024 | 1/31/2024 TTM | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (70) | (90) | (69) | (132) | (38) | (24) | ||
| Comprehensive loss, net of tax, attributable to parent: | (70) | (90) | (69) | (132) | (38) | (24) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.