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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY Statement - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Common Stock
Common Class A
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock At Cost
Total Stockholders' Equity of Scholastic Corporation
Noncontrolling Interest
Beginning balance at May. 31, 2020 $ 1,180.6 $ 0.4 $ 0.0 $ 622.4 $ (58.3) $ 948.0 $ (333.3) $ 1,179.2 $ 1.4
Balance (in shares) at Aug. 31, 2020   32.5 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (39.8)         (39.8)   (39.8) 0.0
Foreign currency translation adjustment 10.7       10.7     10.7  
Pension and post-retirement adjustments (net of tax of $0.0) 0.1       0.1     0.1  
Stock-based compensation 0.6     0.6       0.6  
Treasury stock issued pursuant to equity-based plans (in shares)   0.0              
Treasury stock issued pursuant to equity-based plans 0.3     (0.2)     0.5 0.3  
Dividends (5.1)         (5.1)   (5.1)  
Ending Balance at Aug. 31, 2020 1,147.4 $ 0.4 $ 0.0 622.8 (47.5) 903.1 (332.8) 1,146.0 1.4
Balance (in shares) at May. 31, 2020   32.5 1.7            
Beginning balance at May. 31, 2020 1,180.6 $ 0.4 $ 0.0 622.4 (58.3) 948.0 (333.3) 1,179.2 1.4
Balance (in shares) at Feb. 28, 2021   32.7 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (18.6)                
Foreign currency translation adjustment 17.4                
Ending Balance at Feb. 28, 2021 1,176.8 $ 0.4 $ 0.0 625.4 (35.4) 913.9 (328.9) 1,175.4 1.4
Balance (in shares) at May. 31, 2020   32.5 1.7            
Beginning balance at Aug. 31, 2020 1,147.4 $ 0.4 $ 0.0 622.8 (47.5) 903.1 (332.8) 1,146.0 1.4
Balance (in shares) at Nov. 30, 2020   32.6 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 35.2         35.1   35.1 0.1
Foreign currency translation adjustment 0.4       0.4     0.4  
Pension and post-retirement adjustments (net of tax of $0.0) 5.4       5.4     5.4  
Stock-based compensation 3.0     3.0       3.0  
Treasury stock issued pursuant to equity-based plans (in shares)   0.1              
Treasury stock issued pursuant to equity-based plans 1.6     (1.5)     3.1 1.6  
Dividends (5.1)         (5.1)   (5.1)  
Ending Balance at Nov. 30, 2020 1,187.9 $ 0.4 $ 0.0 624.3 (41.7) 933.1 (329.7) 1,186.4 1.5
Balance (in shares) at Aug. 31, 2020   32.5 1.7            
Balance (in shares) at Feb. 28, 2021   32.7 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (14.0)         (13.9)   (13.9) (0.1)
Foreign currency translation adjustment 6.3       6.3     6.3  
Pension and post-retirement adjustments (net of tax of $0.0) 0.0       0.0     0.0  
Stock-based compensation 1.5     1.5       1.5  
Treasury stock issued pursuant to equity-based plans (in shares)   0.1              
Treasury stock issued pursuant to equity-based plans 0.4     (0.4)     0.8 0.4  
Dividends (5.3)         (5.3)   (5.3)  
Ending Balance at Feb. 28, 2021 1,176.8 $ 0.4 $ 0.0 625.4 (35.4) 913.9 (328.9) 1,175.4 1.4
Balance (in shares) at Nov. 30, 2020   32.6 1.7            
Beginning balance at May. 31, 2021 1,182.3 $ 0.4 $ 0.0 626.5 (34.7) 916.4 (327.8) 1,180.8 1.5
Balance (in shares) at Aug. 31, 2021   32.8 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (24.4)         (24.2)   (24.2) (0.2)
Foreign currency translation adjustment (5.8)       (5.8)     (5.8)  
Pension and post-retirement adjustments (net of tax of $0.0) 0.1       0.1     0.1  
Stock-based compensation 1.5     1.5       1.5  
Proceeds pursuant to stock-based compensation plans 0.5     0.5       0.5  
Treasury stock issued pursuant to equity-based plans (in shares)   0.1              
Treasury stock issued pursuant to equity-based plans 0.6     (0.9)     1.5 0.6  
Dividends (5.2)         (5.2)   (5.2)  
Ending Balance at Aug. 31, 2021 1,149.6 $ 0.4 $ 0.0 627.6 (40.4) 887.0 (326.3) 1,148.3 1.3
Balance (in shares) at May. 31, 2021   32.7 1.7            
Beginning balance at May. 31, 2021 1,182.3 $ 0.4 $ 0.0 626.5 (34.7) 916.4 (327.8) 1,180.8 1.5
Balance (in shares) at Feb. 28, 2022   32.8 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 28.9                
Foreign currency translation adjustment (8.6)                
Purchases of treasury stock at cost (19.6)                
Ending Balance at Feb. 28, 2022 1,185.3 $ 0.4 $ 0.0 626.9 (42.7) 929.5 (330.3) 1,183.8 1.5
Balance (in shares) at May. 31, 2021   32.7 1.7            
Beginning balance at Aug. 31, 2021 1,149.6 $ 0.4 $ 0.0 627.6 (40.4) 887.0 (326.3) 1,148.3 1.3
Balance (in shares) at Nov. 30, 2021   32.9 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 68.4         68.3   68.3 0.1
Foreign currency translation adjustment (4.4)       (4.4) 0.0   (4.4)  
Pension and post-retirement adjustments (net of tax of $0.0) 0.5       0.5     0.5  
Stock-based compensation 3.0     3.0       3.0  
Proceeds pursuant to stock-based compensation plans 2.1     2.1       2.1  
Purchases of treasury stock at cost (in shares)   (0.1)              
Purchases of treasury stock at cost (4.2)           (4.2) (4.2)  
Treasury stock issued pursuant to equity-based plans (in shares)   0.2              
Treasury stock issued pursuant to equity-based plans 0.4     (7.6)     8.0 0.4  
Dividends (5.2)         (5.2)   (5.2)  
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders     $ (0.2)            
Noncontrolling interest in Make Believe Ideas     (0.2)            
Ending Balance at Nov. 30, 2021 1,210.0 $ 0.4 $ 0.0 625.1 (44.3) 950.1 (322.5) 1,208.8 1.2
Balance (in shares) at Aug. 31, 2021   32.8 1.7            
Balance (in shares) at Feb. 28, 2022   32.8 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (15.1)         (15.3)   (15.3) 0.2
Foreign currency translation adjustment 1.6       1.6     1.6  
Pension and post-retirement adjustments (net of tax of $0.0) 0.0       0.0     0.0  
Stock-based compensation 1.6     1.6       1.6  
Proceeds pursuant to stock-based compensation plans 7.3     7.3       7.3  
Purchases of treasury stock at cost (in shares)   (0.4)              
Purchases of treasury stock at cost (15.4)           (15.4) (15.4)  
Treasury stock issued pursuant to equity-based plans (in shares)   0.3              
Treasury stock issued pursuant to equity-based plans 0.5     (7.1)     7.6 0.5  
Dividends (5.3)         (5.3)   (5.3)  
Noncontrolling interest in Make Believe Ideas     $ 0.1            
Ending Balance at Feb. 28, 2022 $ 1,185.3 $ 0.4 $ 0.0 $ 626.9 $ (42.7) $ 929.5 $ (330.3) $ 1,183.8 $ 1.5
Balance (in shares) at Nov. 30, 2021   32.9 1.7