v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jan. 31, 2026
Jan. 31, 2025
Jan. 31, 2026
Jan. 31, 2025
REVENUES        
Total revenues $ 518,488 $ 471,262 $ 1,460,694 $ 1,271,000
OPERATING EXPENSES        
Impairment loss     1,018 1,247
Total operating expenses 87,924 81,528 267,731 227,890
Operating Income (Loss) 4,985 35,238 18,688 119,226
Interest income and other income (expense), net (4,435) 14,803 7,849 29,039
Interest expense 3,968 4,167 9,766 11,081
Income (Loss) Before Income Taxes (3,418) 45,874 16,771 137,184
Income tax benefit (expense) (6,715) (2,644) (13,738) (17,367)
Net income (loss) (10,133) 43,230 3,033 119,817
Less: Net income (loss) attributable to noncontrolling interest 133 19,169 2,238 37,875
Net Income (Loss) Attributable to Immersion Stockholders $ (10,266) $ 24,061 $ 795 $ 81,942
Earnings (Loss) Per Common Share Attributable to Immersion Stockholders        
Basic (in dollars per share) $ (0.31) $ 0.74 $ 0.02 $ 2.56
Diluted (in dollars per share) $ (0.31) $ 0.73 $ 0.02 $ 2.5
Weighted Average Common Shares Outstanding        
Basic (in shares) 32,939 32,294 32,797 32,159
Diluted (in shares) 32,939 33,055 33,070 32,959
Immersion        
OPERATING EXPENSES        
Selling and administrative expenses $ 2,585 $ 5,010 $ 9,229 $ 22,586
Immersion | Royalty and license        
REVENUES        
Total revenues 3,396 8,437 13,028 70,989
Barnes & Noble Education, Inc.        
REVENUES        
Total revenues 515,092 462,825 1,447,666 1,200,011
COST OF SALES (excludes depreciation and amortization expense)        
Total cost of sales 425,579 354,496 1,174,275 923,884
OPERATING EXPENSES        
Selling and administrative expenses 72,546 71,498 217,633 180,544
Depreciation and amortization expense 10,676 9,951 31,560 24,627
Impairment loss 1,018 1,247 1,018 1,247
Other (income) expense 1,099 (6,178) 8,291 (1,114)
Total operating expenses 85,339 76,518 258,502 205,304
Income (Loss) Before Income Taxes     5,100  
Income tax benefit (expense)     (1,800)  
Net Income (Loss) Attributable to Immersion Stockholders (10,266) 24,061 795  
Barnes & Noble Education, Inc. | Product and other        
REVENUES        
Total revenues 471,825 419,663 1,344,215 1,109,455
COST OF SALES (excludes depreciation and amortization expense)        
Total cost of sales 401,367 328,980 1,117,052 872,704
Barnes & Noble Education, Inc. | Rental Income        
REVENUES        
Total revenues 43,267 43,162 103,451 90,556
COST OF SALES (excludes depreciation and amortization expense)        
Total cost of sales $ 24,212 $ 25,516 $ 57,223 $ 51,180