Has Barnes & Noble been profitable in the last three years?
Extracted text: BARNES & NOBLE EDUCATION, INC. AND SUBSIDIARIES Consolidated Statements of Operations (In thousands, except per share data) 53 weeks ended 52 weeks ended 52 weeks ended May 2, 2020 April 27, 2019 April 28, 2018 Sales: Product sales and other . $ 1,671,200 $ 1,838,760 $ 1,984,472 Rental income . 179,863 195,883 219,145 Total sales.. 1,851,063 2,034,643 2,203,617 Cost of sales: Product and other cost of sales . 1,303,702 1,395,339 1,522,687 Rental cost of sales 104,812 111,578 123,697 Total cost of sales. 1,408,514 1,506,917 1,646,384 Gross profit . 442,549 527,726 557,233 Selling and administrative expenses. 404,472 423,880 433,746 Depreciation and amortization expense. 61,860 65,865 65,586 Impairment loss (non-cash). . 433 57,748 313,130 Restructuring and other charges 18,567 7,233 5,429 Transaction costs.. 654 2,045 Operating loss (42,783) (27,654) (262,703) Interest expense, net 7,445 9,780 10,306 Loss before income taxes (50,228) (37,434) (273,009)
Extracted text: Operating loss (42,783) (27,654) (262,703) Interest expense, net 7,445 9,780 10,306 Loss before income taxes (50,228) (37,434) (273,009) Income tax benefit.. (11,978) (13,060) (20,443) Net loss .. $ (38,250) $ (24,374) $ (252,566) Loss per share of Common Stock Basic. $ (0.80) $ (0.52) $ (5.40) Diluted .. $ (0.80) $ (0.52) $ (5.40) Weighted average shares of Common Stock outstanding: Basic.. 48,013 47,306 46,763 Diluted ... 48,013 47,306 46,763