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 Metrics

Scholastic Financial Metrics

Revenue (2016)

$1.7 b

Revenue growth (2015-16), %

2%

Gross profit

$910.5 m

Gross profit margin (2016), %

54%

Net income (2016)

$40.5 m

Market capitalization (28-Apr-2017)

$1.5 b

Closing share price (28-Apr-2017)

$44.4

Cash (31-Dec-2016)

$214 m
Scholastic's current market capitalization is $1.5 b.
Scholastic's revenue was reported to be $1.7 b in FY, 2016 which is a 2% increase from the previous period.
FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$2.1 b$1.5 b$1.8 b$1.6 b$1.7 b

Revenue growth, %

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

Cost of goods sold

$984.6 m$715.4 m$846 m$758.5 m$762.3 m

Gross profit

$1.2 b$834.4 m$976.3 m$877.3 m$910.5 m

Gross profit Margin, %

54%54%54%54%54%

Operating expense total

$1.8 b$1.6 b$1.6 b

EBIT

$63.1 m$32.9 m$67.6 m

EBIT margin, %

3%2%4%

Interest expense

$16.5 m$15.7 m$7.5 m$3.8 m$2.2 m

Interest income

$600 k$300 k$1.1 m

Income tax expense

$61.6 m$1.7 m$6.1 m$14.4 m$24.7 m

Net Income

$44.4 m$294.6 m$40.5 m
Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

$105.3 m$194.9 m$181.5 m$196.1 m$195.9 m$214 m

Accounts Receivable

$253.3 m$193.8 m$196.3 m

Inventories

$272.7 m$33.7 m$72.5 m

Current Assets

$663.4 m$1.1 b$950.1 m

PP&E

$439.7 m$437.6 m

Goodwill

$144.5 m$116.3 m$116.2 m

Total Assets

$1.5 b$1.8 b$1.7 b

Accounts Payable

$145.3 m$146.8 m$138.2 m

Current Liabilities

$429.7 m$547.6 m$378.3 m

Non-Current Liabilities

$183.4 m$69.8 m$77.2 m

Total Liabilities

$613.1 m$617.4 m$455.5 m

Common Stock

Additional Paid-in Capital

$580.8 m$591.5 m$600.7 m

Retained Earnings

$765.1 m$1 b$1.1 b

Total Equity

$1.2 b$1.3 b

Financial Leverage

1.5 x1.4 x
FY, 2014FY, 2015FY, 2016

Net Income

$44.4 m$294.6 m$40.5 m

Depreciation and Amortization

$62.7 m$48.3 m$39.3 m

Accounts Receivable

($49 m)$1.6 m($19 m)

Inventories

($21 m)($33 m)($28 m)

Accounts Payable

($11.2 m)$12.1 m($12.7 m)

Cash From Operating Activities

$156.8 m$166.9 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 m$3.2 m$1.6 m

Scholastic Market Value History

Scholastic Median Salaries

Source: 28 public H-1B filings from Scholastic

Scholastic Online Presence

Scholastic News

Scholastic Company Life

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