v3.26.1
NONCONTROLLING INTEREST (Tables)
12 Months Ended
Apr. 30, 2026
NONCONTROLLING INTEREST  
Schedule of ownership interest in subsidiary

The following summarizes the ownership of BNED Common Stock as of the periods presented below:

 

 

April 30, 2026

 

 

April 30, 2025

 

 

Shares

 

 

Ownership %

 

 

Shares

 

 

Ownership %

 

Immersion

 

 

11,208,746

 

 

 

32.6

%

 

 

11,208,746

 

 

 

32.9

%

Noncontrolling interest

 

 

23,220,964

 

 

 

67.4

%

 

 

22,845,101

 

 

 

67.1

%

Total BNED Common Stock outstanding

 

 

34,429,710

 

 

 

100.0

%

 

 

34,053,847

 

 

 

100.0

%

Schedule of weighted average ownership percentages by noncontrolling interests

The weighted average ownership percentages are used to attribute net income (loss) to the noncontrolling interests and were as follows:

 

 

Fiscal Year Ended April 30, 2026

 

 

From June 10, 2024
to April 30, 2025

 

Noncontrolling interest's weighted-average ownership percentage

 

 

67.4

%

 

 

59.7

%

Schedule of effect of changes in ownership interest in subsidiary

The following summarizes the effect of changes in ownership of Barnes & Noble Education on the Company’s equity for the following period (in thousands):

 

Fiscal Year Ended April 30, 2026

 

 

From June 10, 2024 to April 30, 2025

 

Net income (loss) attributable to Immersion stockholders

 

$

4,524

 

 

$

64,284

 

Transfers from (to) noncontrolling interest

 

 

 

 

 

 

Increase (decrease) in additional paid-in capital as a result of common stock issuances pursuant to vesting of equity awards and sales of common stock

 

 

313

 

 

 

56,444

 

Total effect of changes in ownership interest on equity attributable to Immersion stockholders

 

$

4,837

 

 

$

120,728