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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Nov. 30, 2014
May 31, 2014
Nov. 30, 2013
Current Assets:      
Cash and cash equivalents $ 42.9us-gaap_CashAndCashEquivalentsAtCarryingValue $ 20.9us-gaap_CashAndCashEquivalentsAtCarryingValue $ 117.2us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 287.6us-gaap_AccountsReceivableNetCurrent 253.3us-gaap_AccountsReceivableNetCurrent 286.4us-gaap_AccountsReceivableNetCurrent
Inventories, net 346.5us-gaap_InventoryNet 272.7us-gaap_InventoryNet 342.3us-gaap_InventoryNet
Deferred income taxes 81.0us-gaap_DeferredTaxAssetsNetCurrent 81.0us-gaap_DeferredTaxAssetsNetCurrent 79.2us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other current assets 52.1us-gaap_PrepaidExpenseAndOtherAssetsCurrent 35.1us-gaap_PrepaidExpenseAndOtherAssetsCurrent 50.6us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Current assets of discontinued operations 0.4us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 0.4us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 0.4us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current assets 810.5us-gaap_AssetsCurrent 663.4us-gaap_AssetsCurrent 876.1us-gaap_AssetsCurrent
Property, plant and equipment, net 452.2us-gaap_PropertyPlantAndEquipmentNet 467.0us-gaap_PropertyPlantAndEquipmentNet 294.2us-gaap_PropertyPlantAndEquipmentNet
Prepublication costs 141.2schl_PrepublicationCosts 143.1schl_PrepublicationCosts 148.4schl_PrepublicationCosts
Royalty advances, net 39.7schl_RoyaltyAdvancesNet 38.5schl_RoyaltyAdvancesNet 40.0schl_RoyaltyAdvancesNet
Production costs 4.6schl_ProductionCostsNoncurrent 4.5schl_ProductionCostsNoncurrent 4.0schl_ProductionCostsNoncurrent
Goodwill 144.5us-gaap_Goodwill 144.5us-gaap_Goodwill 144.5us-gaap_Goodwill
Other intangibles 11.7us-gaap_IntangibleAssetsNetExcludingGoodwill 12.2us-gaap_IntangibleAssetsNetExcludingGoodwill 13.4us-gaap_IntangibleAssetsNetExcludingGoodwill
Noncurrent deferred income taxes 5.9us-gaap_DeferredTaxAssetsNetNoncurrent 4.1us-gaap_DeferredTaxAssetsNetNoncurrent 14.7us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets and deferred charges 40.8schl_OtherAssetsAndDeferredCharges 51.2schl_OtherAssetsAndDeferredCharges 44.6schl_OtherAssetsAndDeferredCharges
Total assets 1,651.1us-gaap_Assets 1,528.5us-gaap_Assets 1,579.9us-gaap_Assets
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 9.2schl_LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt 15.8schl_LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt 9.6schl_LinesOfCreditShortTermDebtAndCurrentPortionOfLongTermDebt
Capital lease obligations 0.7us-gaap_CapitalLeaseObligationsCurrent 0us-gaap_CapitalLeaseObligationsCurrent 0us-gaap_CapitalLeaseObligationsCurrent
Accounts payable 183.6us-gaap_AccountsPayableCurrent 145.3us-gaap_AccountsPayableCurrent 196.0us-gaap_AccountsPayableCurrent
Accrued royalties 41.9us-gaap_AccruedRoyaltiesCurrent 34.1us-gaap_AccruedRoyaltiesCurrent 41.8us-gaap_AccruedRoyaltiesCurrent
Deferred revenue 116.0us-gaap_DeferredRevenueCurrent 48.7us-gaap_DeferredRevenueCurrent 111.6us-gaap_DeferredRevenueCurrent
Other accrued expenses 193.9schl_OtherAccruedExpenses 184.7schl_OtherAccruedExpenses 184.0schl_OtherAccruedExpenses
Current liabilities of discontinued operations 1.0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 1.1us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 1.2us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current liabilities 546.3us-gaap_LiabilitiesCurrent 429.7us-gaap_LiabilitiesCurrent 544.2us-gaap_LiabilitiesCurrent
Noncurrent Liabilities:      
Long-term debt 95.0us-gaap_LongTermDebtNoncurrent 120.0us-gaap_LongTermDebtNoncurrent 0us-gaap_LongTermDebtNoncurrent
Capital lease obligations 0.9us-gaap_CapitalLeaseObligationsNoncurrent 0us-gaap_CapitalLeaseObligationsNoncurrent 58.0us-gaap_CapitalLeaseObligationsNoncurrent
Other noncurrent liabilities 60.7us-gaap_OtherLiabilitiesNoncurrent 63.4us-gaap_OtherLiabilitiesNoncurrent 94.3us-gaap_OtherLiabilitiesNoncurrent
Total noncurrent liabilities 156.6us-gaap_LiabilitiesNoncurrent 183.4us-gaap_LiabilitiesNoncurrent 152.3us-gaap_LiabilitiesNoncurrent
Commitments and Contingencies 0us-gaap_CommitmentsAndContingencies 0us-gaap_CommitmentsAndContingencies 0us-gaap_CommitmentsAndContingencies
Stockholders’ Equity:      
Preferred Stock, $1.00 par value 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common Stock, value 0.4us-gaap_CommonStockValue 0.4us-gaap_CommonStockValue 0.4us-gaap_CommonStockValue
Additional paid-in capital 585.2us-gaap_AdditionalPaidInCapital 580.8us-gaap_AdditionalPaidInCapital 581.6us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive income (loss) (64.2)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (55.2)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (66.7)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings 789.7us-gaap_RetainedEarningsAccumulatedDeficit 765.1us-gaap_RetainedEarningsAccumulatedDeficit 758.9us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock at cost (362.9)us-gaap_TreasuryStockValue (375.7)us-gaap_TreasuryStockValue (390.8)us-gaap_TreasuryStockValue
Total stockholders’ equity 948.2us-gaap_StockholdersEquity 915.4us-gaap_StockholdersEquity 883.4us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity 1,651.1us-gaap_LiabilitiesAndStockholdersEquity 1,528.5us-gaap_LiabilitiesAndStockholdersEquity 1,579.9us-gaap_LiabilitiesAndStockholdersEquity
Common Class A      
Stockholders’ Equity:      
Common Stock, value $ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
$ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
$ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember