Equity |
3 Months Ended |
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Aug. 01, 2026 | |
| Stockholders' Equity Note [Abstract] | |
| Equity | Equity Dividends on registered shares On June 24, 2026, our Board of Directors declared a quarterly cash dividend on our common stock in the amount of $0.08 per share of common stock outstanding, which was paid on July 30, 2026 to the holders of record as of July 16, 2026. The payment, amount and timing of future dividends remain within the discretion of our Board of Directors and will depend on our results of operations, financial condition, cash requirements, and other factors. Upon approval of a dividend, the obligation is reflected in other current liabilities with a corresponding reduction in additional paid-in capital in the consolidated balance sheet to the extent retained earnings is insufficient to absorb the distribution. Because our retained earnings reflected an accumulated deficit as of May 2, 2026, the $2.8 million dividend paid on July 30, 2026 was recorded as a reduction of additional paid-in capital rather than accumulated deficit. Stock Authorization As of August 1, 2026, the Company's authorized capital stock consists of 200,000,000 shares of common stock, par value $0.01 per share, and 5,000,000 shares of preferred stock, par value $0.01 per share. The Company's common stock trades on the New York Stock Exchange (“NYSE”) under the symbol “BNED.” Repurchase of Shares On December 14, 2015, the Board of Directors authorized a stock repurchase program of up to $50,000 in the aggregate, of the Company's outstanding common stock. The stock repurchase program is carried out at the direction of management (which may include a plan under Rule 10b5-1 of the Securities Exchange Act of 1934). The stock repurchase program may be suspended, terminated, or modified at any time. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes. During the 13 weeks ended August 1, 2026, the Company did not purchase shares under the stock repurchase program. As of August 1, 2026, approximately $26,669 remains available under the stock repurchase program.
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