← SCHOLASTIC CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $40.5m | $52.3m | ($5.0m) | $15.6m | ($43.8m) | ($11.0m) | $80.9m | $86.3m | $12.1m | ($1.9m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | $40.4m | $52.2m | ($5.0m) | $15.5m | ($43.8m) | ($11.0m) | $80.6m | $86.3m | $12.1m | ($1.9m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | $15.6m | ($43.7m) | ($10.9m) | $81.0m | $86.5m | $12.1m | ($1.9m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $44.0m | $52.5m | ($5.0m) | $15.6m | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $15.6m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $0 | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($3.5m) | ($200k) | $0 | $0 | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $0 | $100k | $100k | $100k | $200k | $0 | $0 | |
| Depreciation, Depletion and Amortization | $36.7m | $36.2m | $41.8m | $56.2m | $60.5m | $58.3m | $54.8m | $52.5m | $57.1m | $54.5m | |
| Amortization of Intangible Assets | $2.2m | $2.5m | $2.1m | $2.8m | $3.2m | $2.2m | $2.0m | $2.2m | $2.6m | $11.2m | |
| Capitalized Computer Software, Amortization | — | $12.9m | $16.3m | $25.4m | $22.2m | $27.6m | $26.4m | $25.3m | $25.1m | $23.0m | |
| Deferred Income Tax Expense (Benefit) | $20.5m | $19.9m | $1.5m | $3.0m | $25.3m | ($15.3m) | $7.2m | ($3.7m) | ($2.0m) | ($9.7m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.7m | $10.1m | $10.7m | $8.3m | $3.8m | $6.6m | $7.8m | $10.5m | $11.0m | $9.3m | |
| Share-based Payment Arrangement, Expense | $9.7m | $10.1m | $10.7m | $8.3m | $3.8m | $6.6m | $7.8m | $10.5m | $11.0m | $9.3m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | $10.4m | $9.7m | $0 | $0 | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | $0 | $0 | $0 | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | ($3.1m) | $0 | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | $3.9m | $600k | |
| Income (Loss) from Equity Method Investments | $3.5m | $5.3m | $4.8m | $5.9m | $3.2m | $7.4m | $2.0m | $900k | $500k | $500k | |
| Income Tax Expense (Benefit) | $24.7m | $35.4m | $3.5m | $10.4m | ($46.0m) | ($7.3m) | $8.7m | $25.9m | $4.1m | $600k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $18.7m | $15.2m | $12.9m | $11.9m | $7.0m | $14.6m | $73.1m | ($15.0m) | ($38.2m) | $26.7m | |
| Increase (Decrease) in Inventories | $27.8m | $29.4m | $27.4m | $49.8m | $20.8m | $26.2m | $46.7m | $83.6m | ($50.9m) | $2.8m | |
| Increase (Decrease) in Accounts Payable | ($12.7m) | ($6.0m) | $45.9m | $11.8m | ($7.0m) | ($14.6m) | ($73.1m) | $15.0m | $38.2m | ($26.7m) | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | ($15.1m) | $0 | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($500k) | $1.0m | $0 | — | — | — | — | — | — | — | |
| Goodwill | $116.2m | $118.9m | $119.2m | $125.2m | $124.9m | $126.3m | $125.3m | $132.7m | $132.8m | $198.9m | |
| Inventory Write-down | $12.0m | $16.0m | $18.4m | $20.8m | $34.3m | $36.6m | $27.7m | $26.5m | $20.4m | $16.1m | |
| Investment Income, Interest | $1.1m | $1.4m | $3.1m | $5.6m | $3.1m | — | — | — | — | — | |
| Operating Expenses | $1.6b | $1.7b | $1.6b | $1.6b | — | — | — | — | — | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | $57.3m | $0 | $0 | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | $2.2m | $0 | $0 | ($1.0m) | $0 | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | ($78.9m) | $141.4m | $141.5m | $116.4m | $2.1m | $71.0m | $226.0m | $148.9m | $154.6m | $124.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $35.6m | $65.7m | $121.5m | $95.0m | $62.7m | $47.2m | $42.0m | $62.0m | $58.4m | $52.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $3.7m | $10.1m | $4.4m | $18.5m | $1.2m | $0 | $0 | $10.7m | $8.5m | $176.2m | |
| Payments for (Proceeds from) Other Investing Activities | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($39.5m) | ($92.8m) | ($162.0m) | ($147.3m) | ($95.7m) | ($50.5m) | ($43.2m) | ($99.6m) | ($89.7m) | ($252.9m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $14.4m | $6.9m | $27.3m | $8.5m | $35.5m | $0 | $33.4m | $132.1m | $158.2m | $70.0m | |
| Payments of Ordinary Dividends, Common Stock | $20.5m | $20.8m | $21.1m | $21.1m | $20.8m | $20.6m | $20.7m | $25.6m | $24.7m | $22.6m | |
| Proceeds from (Payments for) Other Financing Activities | ($100k) | ($500k) | ($1.0m) | $800k | $4.2m | $100k | $0 | $0 | — | $200k | |
| Net Cash Provided by (Used in) Financing Activities | $12.0m | ($4.1m) | ($32.0m) | ($25.7m) | $154.1m | ($52.3m) | ($229.2m) | ($139.5m) | ($176.1m) | $137.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($700k) | ($100k) | $300k | ($1.2m) | ($800k) | $4.5m | ($3.5m) | ($1.9m) | $400k | $1.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($700k) | ($100k) | $300k | ($1.2m) | $59.7m | ($27.3m) | ($49.9m) | ($92.1m) | ($110.8m) | $10.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $393.8m | $366.5m | $316.6m | $224.5m | $113.7m | $124.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $1.4m | $1.4m | $1.3m | $1.5m | $5.4m | $3.3m | $1.5m | $2.2m | $18.3m | |
| Income Taxes Paid, Net | $183.3m | $3.0m | $14.5m | $2.5m | $7.2m | $1.3m | ($48.8m) | $2.5m | $23.7m | $2.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.