Scholastic

Scholastic creates quality books, print and technology-based learning materials and programs, magazines, multi-media and other products that help children learn both at school and at home. The Company distributes its products and services worldwide through a variety of channels, including school-based book clubs and book fairs, retail stores, schools, libraries, on-air, and online. International operations include the publication and distribution of products outside the United States by Scholastic international operations, export and foreign rights businesses. The company has long-established operations in Canada, the United Kingdom, Australia, New Zealand and South-East Asia, with newer operations in China and India.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1997
Size (employees)
8,900 (est)
Scholastic was founded in 1997 and is headquartered in New York, US

Key People at Scholastic

Richard Robinson

Richard Robinson

Chairman, President & CEO
Maureen O'Connell

Maureen O'Connell

EVP, CAO, CFO
Andrew Hedden

Andrew Hedden

EVP, General Counsel and Secretary
Judith Newman

Judith Newman

EVP and President, Scholastic Book Clubs and E-Commerce
Alan Boyko

Alan Boyko

President, Scholastic Book Fairs

Scholastic Office Locations

Scholastic has an office in New York
New York, US (HQ)
555 Broadway

Scholastic Data and Metrics

Scholastic Financial Metrics

Scholastic's revenue was reported to be $336.2 m in Q3, 2017
USD

Revenue (Q3, 2017)

336.2 m

Gross profit (Q3, 2017)

175.9 m

Gross profit margin (Q3, 2017), %

52%

Net income (Q3, 2017)

(15.4 m)

EBIT (Q3, 2017)

(23.6 m)

Market capitalization (17-Aug-2017)

1.3 b

Cash (28-Feb-2017)

461.8 m
Scholastic's current market capitalization is $1.3 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.1 b1.5 b1.8 b1.6 b1.7 b

Revenue growth, %

(28%)18%(10%)2%

Cost of goods sold

984.6 m715.4 m846 m758.5 m762.3 m

Gross profit

1.2 b834.4 m976.3 m877.3 m910.5 m

Gross profit Margin, %

54%54%54%54%54%

General and administrative expense

777.7 m

Operating expense total

1.8 b1.6 b1.6 b

EBIT

63.1 m32.9 m67.6 m

EBIT margin, %

3%2%4%

Interest expense

16.5 m15.7 m7.5 m3.8 m2.2 m

Interest income

600 k300 k1.1 m

Income tax expense

61.6 m1.7 m6.1 m14.4 m24.7 m

Net Income

44.4 m294.6 m40.5 m
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017

Revenue

283.8 m665.6 m191.2 m601.8 m382.1 m282.7 m623.1 m366 m336.2 m

Cost of goods sold

150.2 m288.7 m114.5 m257.1 m200 m169.7 m271.3 m178 m160.3 m

Gross profit

133.6 m376.9 m76.7 m344.7 m182.1 m113 m351.8 m188 m175.9 m

Gross profit Margin, %

47%57%40%57%48%40%56%51%52%

General and administrative expense

173.5 m248.2 m145.7 m229 m205.8 m166.6 m230.8 m188.3 m190 m

Operating expense total

173.5 m248.2 m145.7 m229 m205.8 m166.6 m230.8 m188.3 m190 m

EBIT

(53.4 m)112.8 m(79.5 m)105.1 m(35.2 m)(63.1 m)111.4 m(16.4 m)(23.6 m)

EBIT margin, %

(19%)17%(42%)17%(9%)(22%)18%(4%)(7%)

Interest expense

(900 k)(1 m)(500 k)(700 k)(300 k)(400 k)(200 k)(300 k)

Interest income

(500 k)(300 k)(400 k)(200 k)(300 k)

Income tax expense

(20.3 m)43.8 m(30.7 m)41.6 m(13.8 m)(23.9 m)43.1 m(9.4 m)(8.4 m)

Net Income

(34.1 m)68.5 m(49.4 m)64.9 m(22.1 m)(39.6 m)67.9 m(9 m)(15.4 m)
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

105.3 m194.9 m181.5 m196.1 m195.9 m214 m

Accounts Receivable

253.3 m193.8 m196.3 m

Inventories

272.7 m33.7 m72.5 m

Current Assets

663.4 m1.1 b950.1 m

PP&E

439.7 m437.6 m

Goodwill

144.5 m116.3 m116.2 m

Total Assets

1.5 b1.8 b1.7 b

Accounts Payable

145.3 m146.8 m138.2 m

Current Liabilities

429.7 m547.6 m378.3 m

Non-Current Liabilities

183.4 m69.8 m77.2 m

Total Liabilities

613.1 m617.4 m455.5 m

Additional Paid-in Capital

580.8 m591.5 m600.7 m

Retained Earnings

765.1 m1 b1.1 b

Total Equity

1.2 b1.3 b

Financial Leverage

1.5 x1.4 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

15.4 m42.9 m14.6 m250.3 m360.9 m351.9 m287.6 m442.9 m461.8 m

Accounts Receivable

239.1 m287.6 m204.4 m148 m252.2 m188.1 m222.6 m281.6 m172.4 m

Inventories

390.5 m346.5 m341.4 m367 m332 m333.1 m375.7 m348.3 m351.2 m

Current Assets

824.4 m810.5 m715.3 m1 b1.1 b1.1 b1 b1.1 b1.1 b

PP&E

461.1 m452.2 m446.9 m434 m438.9 m439.6 m438.7 m446.1 m455.3 m

Goodwill

144.5 m144.5 m144.4 m116.2 m116.2 m116.2 m116.3 m116.2 m116.2 m

Total Assets

1.7 b1.7 b1.6 b1.7 b1.8 b1.8 b1.8 b1.9 b1.8 b

Accounts Payable

232.7 m183.6 m186.8 m224.3 m207.8 m196.4 m203.6 m216.4 m194.2 m

Current Liabilities

540.8 m546.3 m508.1 m458.6 m499.4 m467.5 m481.1 m559.4 m508.1 m

Non-Current Liabilities

247.3 m156.6 m125.6 m68.9 m75.7 m67 m75.5 m72.9 m70.5 m

Additional Paid-in Capital

582.3 m585.2 m586.4 m598.7 m600.7 m601.5 m601.7 m602.1 m604.7 m

Retained Earnings

726.1 m789.7 m762.6 m985.4 m1 b1 b1 b1.1 b1.1 b

Total Equity

1.2 b1.2 b1.2 b1.2 b1.3 b1.3 b

Financial Leverage

1.4 x1.5 x1.4 x1.5 x1.5 x1.5 x
USDFY, 2014FY, 2015FY, 2016

Net Income

44.4 m294.6 m40.5 m

Depreciation and Amortization

62.7 m48.3 m38.9 m

Accounts Receivable

(49 m)1.6 m(18.7 m)

Inventories

(21 m)(33 m)(27.8 m)

Accounts Payable

(11.2 m)12.1 m(12.7 m)

Cash From Operating Activities

156.8 m166.9 m(78.9 m)

Purchases of PP&E

(27 m)(30.3 m)(35.6 m)

Cash From Investing Activities

(345.7 m)445.3 m(39.5 m)

Cash From Financing Activities

122.5 m(124.5 m)12 m

Interest Paid

7.1 m3.2 m1.6 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

(34.1 m)68.5 m(22.1 m)(49.4 m)64.9 m(9 m)(39.6 m)67.9 m(15.4 m)

Depreciation and Amortization

13.5 m13 m11.5 m10.5 m10.6 m9.2 m9.5 m9.6 m9.5 m

Accounts Receivable

148 m252.2 m188.1 m222.6 m281.6 m172.4 m

Accounts Payable

224.3 m207.8 m196.4 m203.6 m216.4 m194.2 m
Y, 2017

Financial Leverage

1.5 x

Scholastic Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

150150145

    Scholastic Market Value History

    Scholastic Revenue Breakdown

    Scholastic Median Salaries

    Source: 28 public H-1B filings from Scholastic

    Traffic Overview of Scholastic

    Scholastic Online and Social Media Presence

    Scholastic News and Updates

    The PG-13 Reporters Covering an R-Rated Election

    Children ages 10 to 14 have been facing some unusual challenges while covering the primary campaigns and general election for the book publisher Scholastic.

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    For Scholastic, “Harry Potter and the Cursed Child” delivered blockbuster sales. But some readers felt cheated by the franchise’s newest entry.

    ‘Harry Potter and the Cursed Child’ Goes From Stage to Page on Saturday at the Witching Hour

    Even though J.K. Rowling isn’t the author of this play, Scholastic’s midnight release of the script as a book is expected to draw thousands to stores this weekend.

    These Amazing Puppets Bring 2D Art To Life

    Childhood dreams come true. Eric Carle's The Very Hungry Caterpillar is a book beloved by many. Scholastic / Via scholastic.com The stunning illustrations are a big part of its appeal. Scholastic / Via scholastic.com …

    Scholastic Company Life and Culture

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