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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 28, 2026
May 31, 2025
Feb. 28, 2025
Current Assets:      
Cash and cash equivalents $ 104.6 $ 124.0 $ 94.7
Accounts receivable, net 248.3 273.4 255.9
Inventories, net 282.5 250.2 270.8
Income tax receivable 23.5 8.8 51.6
Tax credit receivable 18.8 21.0 19.8
Prepaid expenses and other current assets 57.6 47.9 64.2
Total current assets 735.3 725.3 757.0
Noncurrent Assets:      
Property, plant and equipment, net 193.7 516.3 517.1
Prepublication costs, net 42.3 49.7 47.6
Investment in film and television programs, net 41.2 42.1 37.5
Operating lease right-of-use assets, net 264.1 103.9 98.8
Royalty advances, net 71.4 78.1 85.9
Goodwill 200.3 198.9 200.0
Other intangible assets, net 81.7 87.9 83.4
Noncurrent deferred income taxes 53.5 34.7 23.0
Other assets and deferred charges 97.3 113.2 111.0
Total noncurrent assets 1,045.5 1,224.8 1,204.3
Total assets 1,780.8 1,950.1 1,961.3
Current Liabilities:      
Lines of credit and current portion of long-term debt 5.6 6.2 5.8
Film related obligations 17.4 18.3 18.8
Accounts payable 128.5 157.3 133.5
Accrued royalties 82.3 69.1 85.1
Deferred revenue 213.7 178.8 205.2
Other accrued expenses 144.0 166.2 140.2
Accrued income taxes 1.9 3.7 2.6
Operating lease liabilities 27.7 26.8 25.5
Total current liabilities 621.1 626.4 616.7
Noncurrent Liabilities:      
Total long-term debt 0.0 250.0 275.0
Operating lease liabilities 251.3 91.5 84.4
Other noncurrent liabilities 36.5 35.7 43.9
Total noncurrent liabilities 287.8 377.2 403.3
Commitments and Contingencies (see Note 7) 0.0 0.0 0.0
Stockholders’ Equity:      
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none $ 0.0 $ 0.0 $ 0.0
Common stock, shares authorized (in shares) 70,000,000.0 70,000,000.0 70,000,000.0
Additional paid-in capital $ 603.0 $ 607.1 $ 605.3
Accumulated other comprehensive income (loss) (33.4) (41.5) (63.7)
Retained earnings 1,032.1 999.7 989.5
Treasury stock, at cost: 22.0, 18.7 and 17.1 shares, respectively (730.2) (619.2) (590.2)
Total liabilities and stockholders’ equity $ 1,780.8 $ 1,950.1 $ 1,961.3
Common stock, shares issued (in shares) 42,900,000 42,900,000 42,900,000
Total stockholders’ equity of Scholastic Corporation $ 871.9 $ 946.5 $ 941.3
Common Class A      
Stockholders’ Equity:      
Common stock, shares authorized (in shares) 3,200,000 3,200,000 3,200,000
Common Stock, value $ 0.0 $ 0.0 $ 0.0
Common stock, shares issued (in shares) 800,000 800,000 800,000
Common Class      
Stockholders’ Equity:      
Common Stock, value $ 0.4 $ 0.4 $ 0.4