Supplementary Information |
12 Months Ended |
|---|---|
May 02, 2026 | |
| Other Income and Expenses [Abstract] | |
| Supplementary Information | Supplementary Information Other (income) expense, net During the 52 weeks ended May 2, 2026, BNED recognized other income totaling $4,281. During fiscal 2026, the Company recognized income of approximately $12,625 related to the resolution of its participation interest purchase agreement associated with the Visa/Mastercard interchange litigation. The income represents the recognition of previously deferred amounts upon settlement of the underlying litigation. See Note 9, Participation Interest Purchase Agreement for additional details. This was offset by Investigation related costs of $7,296 and other professional service fees of $1,048. During the 53 weeks ended May 3, 2025, BNED recognized other income totaling $1,572, comprised primarily of an $8,780 gain related to the termination of liabilities related to a frozen retirement benefit plan, primarily offset by $2,095 related to severance and other employee termination and benefit costs associated with elimination of various positions as part of cost reduction initiatives, $2,091 for legal and advisory professional service costs primarily related to restructuring activities and other charges, $1,963 of severance primarily related to the resignation of our former Chief Executive Officer on June 11, 2024, $1,388 of which is included in accrued liabilities in the Consolidated Balance Sheet as of May 3, 2025, and $1,059 related to the settlement of a class action lawsuit and related legal fees. BNED recognized an increase to additional paid in capital on the Consolidated Balance Sheet for the reimbursement of the former Chief Executive Officer severance from VitalSource (a principal stockholder) as part of the June 10, 2024 financing transactions.
|