10-Q Filing

SCHOLASTIC CORP CIK: 866729 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000866729-22-000024`
Period End Date	20220831
Filing Date	20220923
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	schl-20220831_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 142 Income Statement 30 Cash Flow Statement 78 Stockholders Equity 26 Comprehensive Income 14

Balance Sheet 142 line items

Line Item	Tag	Value	Unit	Period
Preferred stock at par value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock at par value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock at par value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.70M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$316.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$308.60M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$299.40M	USD	Point-in-time
Common Stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$242.90M	USD	Point-in-time
Common Stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$244.30M	USD	Point-in-time
Common Stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$379.10M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$298.10M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$281.40M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$26.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.90M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$40.40M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$35.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.90M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.80M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$89.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$71.70M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.50M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$68.10M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.70M	shares	Point-in-time
Assets Held-for-sale, Not Part of Disposal Group, Current	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	-	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	10.40M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	10.20M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	10.20M	shares	Point-in-time
Assets Held-for-sale, Not Part of Disposal Group, Current	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$3.70M	USD	Point-in-time
Assets Held-for-sale, Not Part of Disposal Group, Current	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$991.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$958.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$996.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$550.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$517.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$512.60M	USD	Point-in-time
Prepublication costs, net	`PrepublicationCosts`	$63.00M	USD	Point-in-time
Prepublication costs, net	`PrepublicationCosts`	$55.50M	USD	Point-in-time
Prepublication costs, net	`PrepublicationCosts`	$53.60M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$71.70M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$77.90M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$81.90M	USD	Point-in-time
Royalty advances, net	`RoyaltyAdvancesNet`	$47.80M	USD	Point-in-time
Royalty advances, net	`RoyaltyAdvancesNet`	$57.60M	USD	Point-in-time
Royalty advances, net	`RoyaltyAdvancesNet`	$49.20M	USD	Point-in-time
Goodwill	`Goodwill`	$126.30M	USD	Point-in-time
Goodwill	`Goodwill`	$124.70M	USD	Point-in-time
Goodwill	`Goodwill`	$125.90M	USD	Point-in-time
Goodwill	`Goodwill`	$125.30M	USD	Point-in-time
Noncurrent deferred income taxes	`DeferredIncomeTaxAssetsNet`	$25.10M	USD	Point-in-time
Noncurrent deferred income taxes	`DeferredIncomeTaxAssetsNet`	$21.50M	USD	Point-in-time
Noncurrent deferred income taxes	`DeferredIncomeTaxAssetsNet`	$21.10M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsAndDeferredCharges`	$92.70M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsAndDeferredCharges`	$83.10M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsAndDeferredCharges`	$94.40M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$940.20M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$967.20M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$944.80M	USD	Point-in-time
Total assets	`Assets`	$1.94B	USD	Point-in-time
Total assets	`Assets`	$1.93B	USD	Point-in-time
Total assets	`Assets`	$1.93B	USD	Point-in-time
Lines of credit and current portion of long-term debt	`LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt`	$89.50M	USD	Point-in-time
Lines of credit and current portion of long-term debt	`LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt`	$6.30M	USD	Point-in-time
Lines of credit and current portion of long-term debt	`LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt`	$6.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$162.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$208.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$185.60M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$65.80M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$61.30M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$85.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$172.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$182.60M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$125.50M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$168.20M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$162.60M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$193.30M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$2.70M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.70M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$3.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$20.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$21.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$23.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$661.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$619.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$668.30M	USD	Point-in-time
Total long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Total long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Total long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$60.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$65.80M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$54.10M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$31.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$32.90M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$102.70M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$97.10M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$114.10M	USD	Point-in-time
Commitments and Contingencies (see Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (see Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (see Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$629.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$627.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$627.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.40M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-40.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$976.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$887.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$924.10M	USD	Point-in-time
Treasury stock, at cost: 10.2, 10.4 and 10.2 shares, respectively	`TreasuryStockValue`	$326.30M	USD	Point-in-time
Treasury stock, at cost: 10.2, 10.4 and 10.2 shares, respectively	`TreasuryStockValue`	$334.20M	USD	Point-in-time
Treasury stock, at cost: 10.2, 10.4 and 10.2 shares, respectively	`TreasuryStockValue`	$341.50M	USD	Point-in-time
Total stockholders equity of Scholastic Corporation	`StockholdersEquity`	$1.22B	USD	Point-in-time
Total stockholders equity of Scholastic Corporation	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total stockholders equity of Scholastic Corporation	`StockholdersEquity`	$1.15B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.50M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.30M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.94B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.93B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.93B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$259.80M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$262.90M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$133.30M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$144.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$162.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$143.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.70M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$321.00M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$291.80M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-32.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-58.10M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$200.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$-1.30M	USD	1 Quarter
Other components of net periodic benefit (cost)	`DefinedBenefitPlanPeriodicBenefitCostExcludingServiceCosts`	-	USD	1 Quarter
Other components of net periodic benefit (cost)	`DefinedBenefitPlanPeriodicBenefitCostExcludingServiceCosts`	-	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.30M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-57.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-8.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-12.50M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-45.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-24.40M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-200.00K	USD	1 Quarter
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$-45.50M	USD	1 Quarter
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$-24.20M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.70	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-1.33	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.70	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-1.33	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-45.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.20M	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$-1.50M	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.60M	USD	1 Quarter
Provision for losses on inventory	`InventoryWriteDown`	$4.20M	USD	1 Quarter
Provision for losses on inventory	`InventoryWriteDown`	$4.50M	USD	1 Quarter
Provision for losses on royalty advances	`ProvisionForLossesOnRoyalty`	$900.00K	USD	1 Quarter
Provision for losses on royalty advances	`ProvisionForLossesOnRoyalty`	$900.00K	USD	1 Quarter
Amortization of prepublication costs	`AmortizationOfPrepublicationAndProductionCosts`	$6.80M	USD	1 Quarter
Amortization of prepublication costs	`AmortizationOfPrepublicationAndProductionCosts`	$6.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationIncludingLeaseAmortization`	$16.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationIncludingLeaseAmortization`	$16.40M	USD	1 Quarter
Amortization of pension and postretirement plans	`DefinedBenefitPlanAmortizationOfGainLossAndPriorServiceCostCredit`	-	USD	1 Quarter
Amortization of pension and postretirement plans	`DefinedBenefitPlanAmortizationOfGainLossAndPriorServiceCostCredit`	$100.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$100.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.50M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.70M	USD	1 Quarter
Income from equity-method investments	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Income from equity-method investments	`IncomeLossFromEquityMethodInvestments`	$100.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-54.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.10M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$105.90M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$35.60M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.80M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$25.10M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-53.40M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$13.70M	USD	1 Quarter
Royalty advances	`IncreaseDecreaseInRoyaltyAdvances`	$9.70M	USD	1 Quarter
Royalty advances	`IncreaseDecreaseInRoyaltyAdvances`	$5.20M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$48.90M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$48.90M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$300.00K	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-900.00K	USD	1 Quarter
Accrued royalties	`IncreaseDecreaseInRoyaltiesPayable`	$24.50M	USD	1 Quarter
Accrued royalties	`IncreaseDecreaseInRoyaltiesPayable`	$20.80M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$26.90M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$10.40M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-28.70M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-32.50M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.20M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.80M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-60.30M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$63.60M	USD	1 Quarter
Prepublication expenditures	`PrepublicationAndProductionExpenditures`	$4.30M	USD	1 Quarter
Prepublication expenditures	`PrepublicationAndProductionExpenditures`	$4.80M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$10.20M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$11.40M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.50M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.20M	USD	1 Quarter
Borrowings under lines of credit, credit agreement and revolving loan	`ProceedsFromLinesOfCreditCreditAgreementAndRevolvingLoan`	$-900.00K	USD	1 Quarter
Borrowings under lines of credit, credit agreement and revolving loan	`ProceedsFromLinesOfCreditCreditAgreementAndRevolvingLoan`	$-1.20M	USD	1 Quarter
Repayments of lines of credit, credit agreement and revolving loan	`RepaymentsOfLinesOfCreditCreditAgreementAndRevolvingLoan`	$-1.30M	USD	1 Quarter
Repayments of lines of credit, credit agreement and revolving loan	`RepaymentsOfLinesOfCreditCreditAgreementAndRevolvingLoan`	$-101.30M	USD	1 Quarter
Repayment of capital lease obligations	`RepaymentsOfCapitalLeaseObligations`	$600.00K	USD	1 Quarter
Repayment of capital lease obligations	`RepaymentsOfCapitalLeaseObligations`	$600.00K	USD	1 Quarter
Reacquisition of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Reacquisition of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.70M	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$12.10M	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$500.00K	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$5.20M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsCommonStock`	$5.10M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$100.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.60M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-105.60M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-76.90M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-57.90M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$316.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$366.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$316.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.70M	USD	Point-in-time
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.40M	USD	1 Quarter
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Pension and postretirement adjustments, tax portion	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$100.00K	USD	1 Quarter
Pension and postretirement adjustments, tax portion	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$100.00K	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-45.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-24.40M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.80M	USD	1 Quarter
Pension and post-retirement adjustments (net of tax of $0.0)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$100.00K	USD	1 Quarter
Pension and post-retirement adjustments (net of tax of $0.0)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.50M	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$500.00K	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$11.60M	USD	1 Quarter
Purchases of treasury stock at cost	`TreasuryStockValueAcquiredCostMethod`	$21.20M	USD	18 Qtrs
Purchases of treasury stock at cost	`TreasuryStockValueAcquiredCostMethod`	$5.10M	USD	1 Quarter
Treasury stock issued pursuant to equity-based plans	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$1.60M	USD	1 Quarter
Treasury stock issued pursuant to equity-based plans	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$600.00K	USD	1 Quarter
Dividends	`DividendsCommonStock`	$6.90M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$5.20M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-45.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-24.40M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.80M	USD	1 Quarter
Pension and postretirement adjustments (net of tax)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$100.00K	USD	1 Quarter
Pension and postretirement adjustments (net of tax)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	-	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.60M	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.70M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-55.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.10M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-200.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Scholastic Corporation	`ComprehensiveIncomeNetOfTax`	$-55.10M	USD	1 Quarter
Comprehensive income (loss) attributable to Scholastic Corporation	`ComprehensiveIncomeNetOfTax`	$-29.90M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.