SCHOLASTIC CORP
For the period ended May 31, 2026. Filed Jul 24, 2026.
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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.
FY2026 · Filed Jul 24, 2026
SCHL$37.18-0.1%Stored close · as of Nov 9, 2026
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Item 15C. S-1
Schedule II
Valuation and Qualifying Accounts and Reserves
| (Amounts in millions) | |||||
|---|---|---|---|---|---|
| Years ended May 31, | |||||
| Balance at Beginning of Year · Expensed · Write-Offs and Other · Balance at End of Year | |||||
| Allowance for credit losses | $11.0 | $6.5 | $6.5 | $11.0 | |
| Returns liability | 34.4 | 41.8 | 44.0 | (1) | 32.2 |
| Reserves for obsolescence | 107.1 | 8.9 | 22.7 | 93.3 | |
| Reserve for royalty advances | 86.9 | 6.2 | 0.4 | 92.7 | |
| Allowance for credit losses | $14.9 | $5.0 | $8.9 | $11.0 | |
| Returns liability | 33.1 | 51.8 | 50.5 | (1) | 34.4 |
| Reserves for obsolescence | 105.6 | 16.1 | 14.6 | 107.1 | |
| Reserve for royalty advances | 83.2 | 5.7 | 2.0 | 86.9 | |
| Allowance for credit losses | $16.7 | $5.2 | $7.0 | $14.9 | |
| Returns liability | 34.9 | 59.4 | 61.2 | (1) | 33.1 |
| Reserves for obsolescence | 100.9 | 20.4 | 15.7 | 105.6 | |
| Reserve for royalty advances | 79.1 | 2.7 | (1.4) | 83.2 | |
(1)Represents actual returns charged to the reserve.
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