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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY Statement - USD ($)
shares in Millions, $ in Millions
Total
Common Class A
Common Class
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            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared per class A and common share (in Dollars per share)   $ 0.20 $ 0.20                
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) 0.0     (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            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared per class A and common share (in Dollars per share)   $ 0.20 $ 0.20