[JonnieCache]

This term always amuses me, because in british parlance "bike shed" is mostly associated with the phrase "behind the bike sheds," the proverbial place where illicit activities take place in the school playground: smoking, pubescent sexual exploration etc. To turn it into a verb seems very racy indeed until you find out what it actually means.

EDIT: I think the US equivalent might be "under the bleachers"?

[kough]

In case you were looking for confirmation – yes, "under the bleachers" is exactly right, although it's a somewhat dated term at this point. Not sure what the modern equivalent is but at least when I was in highschool (~2010) there really was no way for anyone to spend any time under there except at sporting events, which were very poorly attended.