Financial Statements

Scholastic Corporation (SCHL)


-0.23 (-0.60%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) 9779169481,013-
Net Income 8781-11-4416
Stock Dividends -2-0-0-01,018
Dividend Paid -26-21-21-21-21
Retained Earnings 1,0369779169481,013

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 599636672578-
Annual Depreciation 70511161673
Capital Expenditure -62-42-47-66-95
Net PPE 607599636672578

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -125125126125
New Purchases -19-1---
Intangible and Goodwill 125125126125133

Scholastic Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Scholastic Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.