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Consolidated Balance Sheets - USD ($)
May 31, 2019
May 31, 2018
Current Assets:    
Cash and cash equivalents $ 334,100,000 $ 391,900,000
Accounts receivable, net 250,100,000  
Inventories, net 323,700,000  
Prepaid expenses and other current assets 52,700,000  
Total current assets 960,600,000 958,300,000
Noncurrent Assets:    
Property, plant and equipment, net 577,700,000 555,600,000
Prepublication costs, net 70,200,000 55,300,000
Royalty advances, net 47,500,000 44,800,000
Goodwill 125,200,000 119,200,000
Noncurrent deferred income taxes 37,000,000  
Other assets and deferred charges 60,300,000 67,000,000
Total noncurrent assets 917,900,000 867,100,000
Total assets 1,878,500,000 1,825,400,000
Current Liabilities:    
Lines of credit and current portion of long-term debt 7,300,000 7,900,000
Accounts payable 195,300,000 198,900,000
Accrued royalties 41,900,000 34,600,000
Deferred revenue 130,800,000  
Other accrued expenses 164,800,000  
Accrued income taxes 1,400,000 1,800,000
Total current liabilities 541,500,000 445,800,000
Noncurrent Liabilities:    
Long-term debt 0 0
Other noncurrent liabilities 64,200,000 58,800,000
Total noncurrent liabilities 64,200,000 58,800,000
Commitments and Contingencies: 0 0
Stockholders’ Equity:    
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none 0 0
Additional paid-in capital 620,800,000 614,400,000
Accumulated other comprehensive income (loss) (59,700,000) (55,700,000)
Retained earnings 1,012,600,000  
Treasury stock at cost (302,600,000) (303,500,000)
Total stockholders' equity of Scholastic Corporation 1,272,800,000 1,320,800,000
Total stockholders’ equity 1,300,000 0
Total stockholders’ equity 1,271,500,000 1,320,800,000
Total liabilities and stockholders’ equity 1,878,500,000 1,825,400,000
Class A Stock [Member]    
Stockholders’ Equity:    
Common Stock 0 0
Common Stock [Member]    
Stockholders’ Equity:    
Common Stock $ 400,000 $ 400,000