v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2026
May 31, 2025
Current Assets:    
Cash and cash equivalents $ 134.9 $ 124.0
Accounts receivable, net 236.4 273.4
Inventories, net 265.0 250.2
Income tax receivable 28.4 8.8
Tax credit receivable 19.3 21.0
Prepaid expenses and other current assets 37.3 47.9
Total current assets 721.3 725.3
Noncurrent Assets:    
Property, plant and equipment, net 201.6 516.3
Prepublication costs, net 41.1 49.7
Investment in film and television programs, net 40.4 42.1
Operating lease right-of-use assets, net 291.2 103.9
Royalty advances, net 64.6 78.1
Goodwill 199.4 198.9
Other intangible assets, net 77.9 87.9
Noncurrent deferred income taxes 31.8 34.7
Other assets and deferred charges 58.8 113.2
Total noncurrent assets 1,006.8 1,224.8
Total assets 1,728.1 1,950.1
Current Liabilities:    
Lines of credit and current portion of long-term debt 5.5 6.2
Film related obligations 17.1 18.3
Accounts payable 144.2 157.3
Accrued royalties 50.3 69.1
Deferred revenue 179.2 178.8
Other accrued expenses 158.1 166.2
Accrued income taxes 4.7 3.7
Operating lease liabilities 26.4 26.8
Total current liabilities 585.5 626.4
Noncurrent Liabilities:    
Long-term debt 75.0 250.0
Operating lease liabilities 280.6 91.5
Other noncurrent liabilities 36.2 35.7
Total noncurrent liabilities 391.8 377.2
Commitments and Contingencies: 0.0 0.0
Stockholders’ Equity:    
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none 0.0 0.0
Additional paid-in capital 602.5 607.1
Accumulated other comprehensive income (loss) (35.9) (41.5)
Retained earnings 1,037.6 999.7
Treasury stock at cost: 25.0 and 18.7 shares, respectively (853.8) (619.2)
Total stockholders' equity of Scholastic Corporation 750.8 946.5
Total liabilities and stockholders’ equity 1,728.1 1,950.1
Class A Stock    
Stockholders’ Equity:    
Common Stock 0.0 0.0
Common Stock    
Stockholders’ Equity:    
Common Stock $ 0.4 $ 0.4