10-Q Filing

SCHOLASTIC CORP CIK: 866729 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0000866729-23-000045`
Period End Date	20231130
Filing Date	20231215
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	schl-20231130_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 142 Income Statement 62 Cash Flow Statement 84 Stockholders Equity 54 Comprehensive Income 32

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 (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$224.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.50M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$261.10M	USD	Point-in-time
Common Stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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`	$311.80M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$278.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$345.90M	USD	Point-in-time
Inventories, net	`InventoryNet`	$334.50M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$302.30M	USD	Point-in-time
Inventories, net	`InventoryNet`	$380.40M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$17.40M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$8.90M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$11.60M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	42.90M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	42.90M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	42.90M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.40M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	28.20M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$47.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$65.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$77.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	30.00M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	10.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$892.90M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	12.90M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	14.70M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$840.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.08B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$523.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$521.40M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$511.70M	USD	Point-in-time
Prepublication costs, net	`PrepublicationCosts`	$56.40M	USD	Point-in-time
Prepublication costs, net	`PrepublicationCosts`	$55.20M	USD	Point-in-time
Prepublication costs, net	`PrepublicationCosts`	$53.40M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$85.70M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$75.10M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$97.30M	USD	Point-in-time
Royalty advances, net	`RoyaltyAdvancesNet`	$57.90M	USD	Point-in-time
Royalty advances, net	`RoyaltyAdvancesNet`	$55.40M	USD	Point-in-time
Royalty advances, net	`RoyaltyAdvancesNet`	$56.80M	USD	Point-in-time
Goodwill	`Goodwill`	$132.00M	USD	Point-in-time
Goodwill	`Goodwill`	$132.70M	USD	Point-in-time
Goodwill	`Goodwill`	$132.80M	USD	Point-in-time
Goodwill	`Goodwill`	$125.30M	USD	Point-in-time
Noncurrent deferred income taxes	`DeferredIncomeTaxAssetsNet`	$20.90M	USD	Point-in-time
Noncurrent deferred income taxes	`DeferredIncomeTaxAssetsNet`	$21.00M	USD	Point-in-time
Noncurrent deferred income taxes	`DeferredIncomeTaxAssetsNet`	$21.50M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsAndDeferredCharges`	$107.70M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsAndDeferredCharges`	$100.10M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsAndDeferredCharges`	$99.80M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$951.70M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$973.80M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$992.90M	USD	Point-in-time
Total assets	`Assets`	$1.87B	USD	Point-in-time
Total assets	`Assets`	$1.83B	USD	Point-in-time
Total assets	`Assets`	$2.03B	USD	Point-in-time
Lines of credit and current portion of long-term debt	`LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt`	$6.00M	USD	Point-in-time
Lines of credit and current portion of long-term debt	`LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt`	$4.80M	USD	Point-in-time
Lines of credit and current portion of long-term debt	`LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt`	$6.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$159.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$170.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$212.40M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$52.80M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$69.40M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$57.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$232.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$225.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$169.10M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$168.90M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$162.50M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$180.40M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$2.50M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$2.10M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$13.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$22.90M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$21.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$23.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$636.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$602.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$724.70M	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`	$84.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$73.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$61.90M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$29.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$26.10M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$33.60M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$91.20M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$117.70M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$99.90M	USD	Point-in-time
Commitments and Contingencies (see Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (see Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (see Note 5)	`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`	$629.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$632.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$630.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-52.10M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-53.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$992.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.04B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.03B	USD	Point-in-time
Treasury stock, at cost: 14.7, 12.9 and 10.6 shares, respectively	`TreasuryStockValue`	$449.50M	USD	Point-in-time
Treasury stock, at cost: 14.7, 12.9 and 10.6 shares, respectively	`TreasuryStockValue`	$524.60M	USD	Point-in-time
Treasury stock, at cost: 14.7, 12.9 and 10.6 shares, respectively	`TreasuryStockValue`	$353.20M	USD	Point-in-time
Total stockholders equity of Scholastic Corporation	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total stockholders equity of Scholastic Corporation	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total stockholders equity of Scholastic Corporation	`StockholdersEquity`	$1.22B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.60M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.08B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.03B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.87B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$850.80M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$587.90M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$562.60M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$791.10M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$234.10M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$364.10M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$260.40M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$404.90M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$213.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$213.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$397.30M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$376.40M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$27.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$27.50M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$808.80M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$788.90M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$461.30M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$487.80M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$100.10M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$42.00M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$101.30M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$2.20M	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$700.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$400.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$1.80M	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$900.00K	USD	2 Qtrs
Other components of net periodic benefit (cost)	`DefinedBenefitPlanPeriodicBenefitCostExcludingServiceCosts`	$-100.00K	USD	1 Quarter
Other components of net periodic benefit (cost)	`DefinedBenefitPlanPeriodicBenefitCostExcludingServiceCosts`	$200.00K	USD	1 Quarter
Other components of net periodic benefit (cost)	`DefinedBenefitPlanPeriodicBenefitCostExcludingServiceCosts`	$500.00K	USD	2 Qtrs
Other components of net periodic benefit (cost)	`DefinedBenefitPlanPeriodicBenefitCostExcludingServiceCosts`	$-100.00K	USD	2 Qtrs
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$100.90M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$101.50M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.00M	USD	2 Qtrs
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.50M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$13.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$800.00K	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$24.60M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$25.50M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-45.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$30.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$76.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-74.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.70M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$75.40M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$2.70M	USD	2 Qtrs
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$75.30M	USD	1 Quarter
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$29.80M	USD	2 Qtrs
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$76.90M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$2.51	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.86	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.09	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$2.17	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$2.12	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$2.45	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$2.70M	USD	2 Qtrs
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$75.30M	USD	1 Quarter
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$29.80M	USD	2 Qtrs
Net income (loss) attributable to Scholastic Corporation	`NetIncomeLoss`	$76.90M	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.30M	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$600.00K	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$3.10M	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$2.50M	USD	1 Quarter
Provision for losses on inventory	`InventoryWriteDown`	$9.60M	USD	2 Qtrs
Provision for losses on inventory	`InventoryWriteDown`	$11.80M	USD	2 Qtrs
Provision for losses on royalty advances	`ProvisionForLossesOnRoyalty`	$1.80M	USD	2 Qtrs
Provision for losses on royalty advances	`ProvisionForLossesOnRoyalty`	$1.50M	USD	2 Qtrs
Amortization of prepublication costs	`AmortizationOfPrepublicationAndProductionCosts`	$13.30M	USD	2 Qtrs
Amortization of prepublication costs	`AmortizationOfPrepublicationAndProductionCosts`	$12.40M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationIncludingLeaseAmortization`	$32.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationIncludingLeaseAmortization`	$32.10M	USD	2 Qtrs
Amortization of pension and postretirement plans	`DefinedBenefitPlanAmortizationOfGainLossAndPriorServiceCostCredit`	$200.00K	USD	2 Qtrs
Amortization of pension and postretirement plans	`DefinedBenefitPlanAmortizationOfGainLossAndPriorServiceCostCredit`	$-200.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$300.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-400.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.40M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.90M	USD	2 Qtrs
Income from equity-method investments	`IncomeLossFromEquityMethodInvestments`	$1.20M	USD	1 Quarter
Income from equity-method investments	`IncomeLossFromEquityMethodInvestments`	$300.00K	USD	2 Qtrs
Income from equity-method investments	`IncomeLossFromEquityMethodInvestments`	$100.00K	USD	1 Quarter
Income from equity-method investments	`IncomeLossFromEquityMethodInvestments`	$1.30M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$50.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-21.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$112.00M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.90M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.30M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-9.30M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.70M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInRoyaltyAdvances`	$10.80M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInRoyaltyAdvances`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$51.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-11.30M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-10.80M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedTaxesPayable`	$-400.00K	USD	2 Qtrs
Accrued royalties	`IncreaseDecreaseInRoyaltiesPayable`	$4.60M	USD	2 Qtrs
Accrued royalties	`IncreaseDecreaseInRoyaltiesPayable`	$8.90M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$60.60M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$55.80M	USD	2 Qtrs
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-13.30M	USD	2 Qtrs
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-9.30M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-7.60M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.80M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$71.60M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.30M	USD	2 Qtrs
Prepublication expenditures	`PrepublicationAndProductionExpenditures`	$11.00M	USD	2 Qtrs
Prepublication expenditures	`PrepublicationAndProductionExpenditures`	$11.70M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$24.10M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$29.10M	USD	2 Qtrs
Other investment and acquisition-related payments	`PaymentsForProceedsFromOtherInvestingActivities`	$10.70M	USD	2 Qtrs
Other investment and acquisition-related payments	`PaymentsForProceedsFromOtherInvestingActivities`	$8.30M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-45.80M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.10M	USD	2 Qtrs
Borrowings under lines of credit, credit agreement and revolving loan	`ProceedsFromLinesOfCreditCreditAgreementAndRevolvingLoan`	$27.10M	USD	2 Qtrs
Borrowings under lines of credit, credit agreement and revolving loan	`ProceedsFromLinesOfCreditCreditAgreementAndRevolvingLoan`	$2.00M	USD	2 Qtrs
Repayments of lines of credit, credit agreement and revolving loan	`RepaymentsOfLinesOfCreditCreditAgreementAndRevolvingLoan`	$3.50M	USD	2 Qtrs
Repayments of lines of credit, credit agreement and revolving loan	`RepaymentsOfLinesOfCreditCreditAgreementAndRevolvingLoan`	$26.80M	USD	2 Qtrs
Repayment of capital lease obligations	`RepaymentsOfCapitalLeaseObligations`	$1.20M	USD	2 Qtrs
Repayment of capital lease obligations	`RepaymentsOfCapitalLeaseObligations`	$1.10M	USD	2 Qtrs
Reacquisition of common stock	`PaymentsForRepurchaseOfCommonStock`	$90.20M	USD	2 Qtrs
Reacquisition of common stock	`PaymentsForRepurchaseOfCommonStock`	$29.70M	USD	2 Qtrs
Proceeds pursuant to stock-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$6.10M	USD	2 Qtrs
Proceeds pursuant to stock-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$15.30M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$12.80M	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividendsCommonStock`	$12.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-97.80M	USD	2 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	2 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-75.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-55.50M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.50M	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`	$261.10M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.50M	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`	$261.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.50M	USD	Point-in-time

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Pension and postretirement adjustments, tax portion	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Pension and postretirement adjustments, tax portion	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
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`	$1.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-45.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$30.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$76.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-74.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.70M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$75.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.80M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.60M	USD	1 Quarter
Pension and post-retirement adjustments (net of tax of $0.0)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-200.00K	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
Pension and post-retirement adjustments (net of tax of $0.0)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-100.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.70M	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$11.60M	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$600.00K	USD	1 Quarter
Proceeds pursuant to stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.50M	USD	1 Quarter
Purchases of treasury stock at cost	`TreasuryStockValueAcquiredCostMethod`	$88.50M	USD	2 Qtrs
Purchases of treasury stock at cost	`TreasuryStockValueAcquiredCostMethod`	$36.20M	USD	1 Quarter
Purchases of treasury stock at cost	`TreasuryStockValueAcquiredCostMethod`	$5.10M	USD	1 Quarter
Purchases of treasury stock at cost	`TreasuryStockValueAcquiredCostMethod`	$52.30M	USD	1 Quarter
Purchases of treasury stock at cost	`TreasuryStockValueAcquiredCostMethod`	$26.00M	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`	$1.60M	USD	1 Quarter
Treasury stock issued pursuant to equity-based plans	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$800.00K	USD	1 Quarter
Treasury stock issued pursuant to equity-based plans	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$900.00K	USD	1 Quarter
Dividends	`DividendsCommonStock`	$7.00M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$6.30M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$6.00M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$6.90M	USD	1 Quarter
Other (noncontrolling interest)	`MinorityInterestPeriodIncreaseDecrease`	$-2.10M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.08B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-45.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$30.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$76.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-74.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.70M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$75.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.80M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.60M	USD	1 Quarter
Pension and postretirement adjustments (net of tax)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$100.00K	USD	1 Quarter
Pension and postretirement adjustments (net of tax)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$300.00K	USD	2 Qtrs
Pension and postretirement adjustments (net of tax)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$-100.00K	USD	1 Quarter
Pension and postretirement adjustments (net of tax)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$-100.00K	USD	2 Qtrs
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.30M	USD	2 Qtrs
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.90M	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$300.00K	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.70M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.30M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$77.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.30M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Scholastic Corporation	`ComprehensiveIncomeNetOfTax`	$77.20M	USD	1 Quarter
Comprehensive income (loss) attributable to Scholastic Corporation	`ComprehensiveIncomeNetOfTax`	$78.20M	USD	1 Quarter
Comprehensive income (loss) attributable to Scholastic Corporation	`ComprehensiveIncomeNetOfTax`	$5.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to Scholastic Corporation	`ComprehensiveIncomeNetOfTax`	$23.10M	USD	2 Qtrs

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