SCHOLASTIC CORP

For the period ended May 31, 2025. Filed Jul 25, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Jul 25, 2025

SCHL$36.56-1.7%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets

(Amounts in millions)Balances at May 31,
ASSETS	2025	2024
Current Assets:
Cash and cash equivalents	$124.0	$113.7
Accounts receivable, net	273.4	235.0
Inventories, net	250.2	264.2
Income tax receivable	8.8	15.2
Tax credit receivable	21.0	—
Prepaid expenses and other current assets	47.9	48.8
Total current assets	725.3	676.9
Noncurrent Assets:
Property, plant and equipment, net	516.3	511.9
Prepublication costs, net	49.7	49.5
Investment in film and television programs, net	42.1	—
Operating lease right-of-use assets, net	103.9	99.1
Royalty advances, net	78.1	57.8
Goodwill	198.9	132.8
Other intangible assets, net	87.9	10.3
Noncurrent deferred income taxes	34.7	23.1
Other assets and deferred charges	113.2	109.8
Total noncurrent assets	1,224.8	994.3
Total assets	$1,950.1	$1,671.2
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Lines of credit and current portion of long-term debt	$6.2	$6.0
Film related obligations	18.3	—
Accounts payable	157.3	138.5
Accrued royalties	69.1	48.5
Deferred revenue	178.8	161.1
Other accrued expenses	166.2	156.3
Accrued income taxes	3.7	1.9
Operating lease liabilities	26.8	22.4
Total current liabilities	626.4	534.7
Noncurrent Liabilities:
Long-term debt	250.0	—
Operating lease liabilities	91.5	89.2
Other noncurrent liabilities	35.7	29.2
Total noncurrent liabilities	377.2	118.4
Commitments and Contingencies:	—	—
Stockholders’ Equity:
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none	$—	$—
Class A Stock, $0.01 par value: Authorized, 3.2 and 3.2 shares, respectively; Issued and Outstanding, 0.8 and 0.8 shares, respectively	0.0	0.0
Common Stock, $0.01 par value: Authorized, 70.0 shares; Issued, 42.9 shares; Outstanding, 24.2 and 27.4 shares, respectively	0.4	0.4
Additional paid-in capital	607.1	604.6
Accumulated other comprehensive income (loss)	(41.5)	(52.5)
Retained earnings	999.7	1,023.7
Treasury stock at cost: 18.7 and 15.5 shares, respectively	(619.2)	(558.1)
Total stockholders’ equity	946.5	1,018.1
Total liabilities and stockholders’ equity	$1,950.1	$1,671.2

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.