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Consolidated Statement of Changes in Stockholders’ Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Common Stock
Class A Stock
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 (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
Net Income (loss) (10.9)         (11.0)   (11.0) 0.1
Foreign currency translation adjustment 19.9       19.9     19.9  
Pension and post-retirement adjustments (net of tax of $2.2) 3.7       3.7     3.7  
Stock-based compensation 6.6     6.6       6.6  
Proceeds from issuance of common stock pursuant to stock-based compensation plans 0.4     0.4       0.4  
Purchases of treasury stock at cost 0.0             0.0  
Treasury stock issued pursuant to stock purchase plans (in shares)   0.2              
Treasury stock issued pursuant to equity-based plans 2.6     (2.9)     5.5 2.6  
Dividends (20.6)         (20.6)   (20.6)  
Ending 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
Ending balance (in shares) at May. 31, 2021   32.7 1.7            
Net Income (loss) 81.0         80.9   80.9 0.1
Foreign currency translation adjustment (14.5)       (14.5)     (14.5)  
Pension and post-retirement adjustments (net of tax of $2.2) 3.8       3.8     3.8  
Stock-based compensation 7.8     7.8       7.8  
Proceeds from issuance of common stock pursuant to stock-based compensation plans 10.4     10.4       10.4  
Purchases of treasury stock at cost (in shares)   (0.9)              
Purchases of treasury stock at cost (33.4)           (33.4) (33.4)  
Treasury stock issued pursuant to stock purchase plans (in shares)   0.7              
Treasury stock issued pursuant to equity-based plans 2.0     (17.7)     19.7 2.0  
Dividends (20.8)         (20.8)   (20.8)  
Noncontrolling Interest, Period Increase (Decrease)   $ (0.2)           0.0 (0.2)
Ending 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
Ending balance (in shares) at May. 31, 2022   32.5 1.7            
Net Income (loss) 86.5         86.3   86.3 0.2
Foreign currency translation adjustment (5.4)       (5.4)     (5.4)  
Pension and post-retirement adjustments (net of tax of $2.2) (5.0)       (5.0)     (5.0)  
Stock-based compensation 10.5     10.5       10.5  
Proceeds from issuance of common stock pursuant to stock-based compensation plans 18.4     18.4       18.4  
Purchases of treasury stock at cost (in shares)   (3.3)              
Purchases of treasury stock at cost (135.1)           (135.1) (135.1)  
Treasury stock issued pursuant to stock purchase plans (in shares)   0.8              
Treasury stock issued pursuant to equity-based plans 3.4     (23.7)     27.1 3.4  
Dividends (27.2)         (27.2)   (27.2)  
Ending 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
Ending balance (in shares) at May. 31, 2023   30.0 1.7