v3.26.1
LEASES (Tables) - Barnes and Noble Education, Inc. [Member]
 12 Months Ended
Apr. 30, 2026
Lessee, Lease, Description [Line Items]  
Schedule of lease expense

The following summarizes lease expense for the periods presented below (in thousands):

 

 

Fiscal Year Ended April 30, 2026

 

 

From
June 10, 2024 to April 30, 2025

 

Operating lease costs

 

$

55,186

 

 

$

60,179

 

Variable lease costs

 

 

143,392

 

 

 

59,650

 

Short-term lease costs

 

 

—

 

 

 

16,970

 

Total lease costs

 

$

198,578

 

 

$

136,799

 
Schedule of minimum fixed lease obligations

The following summarizes Barnes & Noble Education’s minimum fixed lease obligations, excluding variable commissions, at (in thousands):

 

 

Operating lease liabilities

 

Fiscal 2027

 

$

78,772

 

Fiscal 2028

 

 

25,099

 

Fiscal 2029

 

 

21,523

 

Fiscal 2030

 

 

14,919

 

Fiscal 2031

 

 

16,821

 

Thereafter

 

 

7,500

 

Total lease payments

 

 

164,634

 

Less: imputed interest

 

 

(12,953

)

Operating lease liabilities at period end

 

$

151,681

 
Schedule of Additional Information Related to Operating Leases

The following is additional information related to Barnes & Noble Education’s operating leases as of (in thousands except weighted-average information):

 

 

April 30, 2026

 

 

April 30, 2025

 

Weighted-average remaining lease term (in years)

 

4.4

 

 

4.7

 

Weighted-average discount rate

 

 

6.7

%

 

 

6.8

%

Supplemental cash flow information:

 

 

 

 

 

 

Cash payments for lease liabilities within operating activities

 

$

55,343

 

 

$

110,853

 

ROU assets obtained in exchange for lease liabilities from initial recognition

 

 

42,580

 

 

 

19,977