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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY Statement - USD ($)
shares in Millions, $ in Millions
Total
Common Class
Common Class
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, 2022 $ 1,218.4 $ 0.4 $ 0.0 $ 627.0 $ (45.4) $ 976.5 $ (341.5) $ 1,217.0 $ 1.4
Balance (in shares) at Aug. 31, 2022   32.7 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (45.4)         (45.5)   (45.5) 0.1
Foreign currency translation adjustments (9.6)       (9.6)     (9.6)  
Pension and post-retirement adjustments (net of tax of $0.0) 0.0       0.0     0.0  
Stock-based compensation 1.7     1.7       1.7  
Proceeds pursuant to stock-based compensation plans 11.6     11.6       11.6  
Purchases of treasury stock at cost (in shares)   (0.1)              
Purchases of treasury stock at cost (5.1)           (5.1) (5.1)  
Treasury stock issued pursuant to equity-based plans (in shares)   0.3              
Treasury stock issued pursuant to equity-based plans 1.6     (10.8)     12.4 1.6  
Dividends (6.9)         (6.9)   (6.9)  
Ending Balance at Aug. 31, 2022 1,166.3 $ 0.4 $ 0.0 629.5 (55.0) 924.1 (334.2) 1,164.8 1.5
Balance (in shares) at May. 31, 2022   32.5 1.7            
Beginning balance at May. 31, 2022 1,218.4 $ 0.4 $ 0.0 627.0 (45.4) 976.5 (341.5) 1,217.0 1.4
Balance (in shares) at Nov. 30, 2022   32.4 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 30.0                
Foreign currency translation adjustments (6.6)                
Ending Balance at Nov. 30, 2022 1,218.1 $ 0.4 $ 0.0 629.0 (52.1) 992.4 (353.2) 1,216.5 1.6
Balance (in shares) at May. 31, 2022   32.5 1.7            
Beginning balance at Aug. 31, 2022 1,166.3 $ 0.4 $ 0.0 629.5 (55.0) 924.1 (334.2) 1,164.8 1.5
Balance (in shares) at Nov. 30, 2022   32.4 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 75.4         75.3   75.3 0.1
Foreign currency translation adjustments 3.0       3.0     3.0  
Pension and post-retirement adjustments (net of tax of $0.0) 0.1       0.1     0.1  
Stock-based compensation 4.2     4.2       4.2  
Proceeds pursuant to stock-based compensation plans 1.5     1.5       1.5  
Purchases of treasury stock at cost (in shares)   (0.6)              
Purchases of treasury stock at cost (26.0)           (26.0) (26.0)  
Treasury stock issued pursuant to equity-based plans (in shares)   0.3              
Treasury stock issued pursuant to equity-based plans 0.8     (6.2)     7.0 0.8  
Dividends (7.0)         (7.0)   (7.0)  
Ending Balance at Nov. 30, 2022 1,218.1 $ 0.4 $ 0.0 629.0 (52.1) 992.4 (353.2) 1,216.5 1.6
Balance (in shares) at Aug. 31, 2022   32.7 1.7            
Beginning balance at May. 31, 2023 1,164.5 $ 0.4 $ 0.0 632.2 (55.8) 1,035.6 (449.5) 1,162.9 1.6
Balance (in shares) at Aug. 31, 2023   29.3 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (74.2)         (74.2)   (74.2)  
Foreign currency translation adjustments 1.8       1.8     1.8  
Pension and post-retirement adjustments (net of tax of $0.0) 0.2       0.2     0.2  
Stock-based compensation 2.3     2.3       2.3  
Proceeds pursuant to stock-based compensation plans 3.0     3.0       3.0  
Purchases of treasury stock at cost (in shares)   (0.8)              
Purchases of treasury stock at cost (36.2)           (36.2) (36.2)  
Treasury stock issued pursuant to equity-based plans (in shares)   0.1              
Treasury stock issued pursuant to equity-based plans 1.6     (4.3)     5.9 1.6  
Dividends (6.3)         (6.3)   (6.3)  
Other (noncontrolling interest) (2.1)     (0.5)       (0.5) (1.6)
Ending Balance at Aug. 31, 2023 1,054.6 $ 0.4 $ 0.0 632.7 (53.8) 955.1 (479.8) 1,054.6 0.0
Balance (in shares) at May. 31, 2023   30.0 1.7            
Beginning balance at May. 31, 2023 1,164.5 $ 0.4 $ 0.0 632.2 (55.8) 1,035.6 (449.5) 1,162.9 1.6
Balance (in shares) at Nov. 30, 2023   28.2 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 2.7                
Foreign currency translation adjustments 2.0                
Purchases of treasury stock at cost (88.5)                
Ending Balance at Nov. 30, 2023 1,079.1 $ 0.4 $ 0.0 630.8 (53.5) 1,026.0 (524.6) 1,079.1 0.0
Balance (in shares) at May. 31, 2023   30.0 1.7            
Beginning balance at Aug. 31, 2023 1,054.6 $ 0.4 $ 0.0 632.7 (53.8) 955.1 (479.8) 1,054.6 0.0
Balance (in shares) at Nov. 30, 2023   28.2 1.7            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 76.9         76.9   76.9  
Foreign currency translation adjustments 0.2       0.2     0.2  
Pension and post-retirement adjustments (net of tax of $0.0) (0.1)       (0.1)     (0.1)  
Stock-based compensation 4.1     4.1       4.1  
Proceeds pursuant to stock-based compensation plans 0.6     0.6       0.6  
Purchases of treasury stock at cost (in shares)   (1.4)              
Purchases of treasury stock at cost (52.3)           (52.3) (52.3)  
Treasury stock issued pursuant to equity-based plans (in shares)   0.3              
Treasury stock issued pursuant to equity-based plans 0.9     (6.6)     7.5 0.9  
Dividends (6.0)         (6.0)   (6.0)  
Ending Balance at Nov. 30, 2023 $ 1,079.1 $ 0.4 $ 0.0 $ 630.8 $ (53.5) $ 1,026.0 $ (524.6) $ 1,079.1 $ 0.0
Balance (in shares) at Aug. 31, 2023   29.3 1.7