v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 31, 2026
May 31, 2026
Aug. 31, 2025
Current Assets:      
Cash and cash equivalents $ 106.8 $ 134.9 $ 94.3
Accounts receivable, net 186.6 236.4 187.0
Inventories, net 315.3 265.0 322.2
Income tax receivable 50.9 28.4 35.3
Tax credit receivable 17.3 19.3 19.0
Prepaid expenses and other current assets 53.3 37.3 72.4
Total current assets 730.2 721.3 730.2
Noncurrent Assets:      
Property, plant and equipment, net 200.5 201.6 512.5
Prepublication costs, net 40.1 41.1 48.9
Investment in film and television programs, net 37.8 40.4 44.6
Operating lease right-of-use assets, net 287.5 291.2 97.9
Royalty advances, net 63.8 64.6 81.6
Goodwill 199.2 199.4 199.7
Other intangible assets, net 74.8 77.9 86.6
Noncurrent deferred income taxes 31.9 31.8 34.5
Other assets and deferred charges 59.5 58.8 118.1
Total noncurrent assets 995.1 1,006.8 1,224.4
Total assets 1,725.3 1,728.1 1,954.6
Current Liabilities:      
Lines of credit and current portion of long-term debt 9.8 5.5 6.2
Film related obligations 19.3 17.1 14.7
Accounts payable 150.2 144.2 175.8
Accrued royalties 68.0 50.3 86.6
Deferred revenue 171.6 179.2 181.0
Other accrued expenses 129.8 158.1 138.5
Accrued income taxes 4.7 4.7 1.9
Operating lease liabilities 29.5 26.4 26.7
Total current liabilities 582.9 585.5 631.4
Noncurrent Liabilities:      
Total long-term debt 175.0 75.0 325.0
Operating lease liabilities 276.1 280.6 85.3
Other noncurrent liabilities 34.8 36.2 34.9
Total noncurrent liabilities 485.9 391.8 445.2
Commitments and Contingencies (see Note 6) 0.0 0.0 0.0
Stockholders’ Equity:      
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none $ 0.0 $ 0.0 $ 0.0
Common stock, shares authorized (in shares) 70,000,000.0 70,000,000.0 70,000,000.0
Additional paid-in capital $ 601.6 $ 602.5 $ 607.9
Accumulated other comprehensive income (loss) (37.1) (35.9) (37.7)
Retained earnings 961.5 1,037.6 923.5
Treasury stock, at cost: 25.3, 25.0 and 18.6 shares, respectively (869.9) (853.8) (616.1)
Total liabilities and stockholders’ equity $ 1,725.3 $ 1,728.1 $ 1,954.6
Common stock, shares issued (in shares) 42,900,000 42,900,000 42,900,000
Total stockholders’ equity of Scholastic Corporation $ 656.5 $ 750.8 $ 878.0
Common Class A      
Stockholders’ Equity:      
Common stock, shares authorized (in shares) 3,200,000 3,200,000 3,200,000
Common Stock, value $ 0.0 $ 0.0 $ 0.0
Common stock, shares issued (in shares) 800,000 800,000 800,000
Common Class      
Stockholders’ Equity:      
Common Stock, value $ 0.4 $ 0.4 $ 0.4