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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
May 31, 2022
May 31, 2021
May 31, 2020
Operating costs and expenses      
Cost of goods sold $ 765.5 $ 628.7 $ 709.3
Selling, general and administrative expenses 722.8 622.7 764.2
Depreciation and amortization 56.8 60.5 61.5
Non cash write off related to asset impairments and write downs 0.4 11.1 40.6
Total operating costs and expenses 1,545.5 1,323.0 1,575.6
Operating income (loss) 97.4 (22.7) (88.5)
Interest income 0.5 0.4 3.1
Interest expense (2.9) (6.2) (3.0)
Other components of net periodic benefit (cost) 0.1 (0.1) (1.3)
Gain (Loss) on assets held for sale (15.1) 0.0 0.0
(Gain) loss on sale of assets and other 9.7 10.4 0.0
Earnings (loss) before income taxes 89.7 (18.2) (89.7)
 Total Current and Deferred 8.7 (7.3) (46.0)
Net income (loss) 81.0 (10.9) (43.7)
Less: Net income (loss) attributable to noncontrolling interest 0.1 0.1 0.1
Net income (loss) attributable to Scholastic Corporation $ 80.9 $ (11.0) $ (43.8)
Basic:      
Basic earnings (loss) per share (in Dollars per share) $ 2.33 $ (0.32) $ (1.27)
Diluted:      
Net income (loss) (in Dollars per share) 2.27 (0.32) (1.27)
Dividends declared per common share (in Dollars per share) $ 0.60 $ 0.60 $ 0.60
Revenues $ 1,642.9 $ 1,300.3 $ 1,487.1