Financial Statements

Scholastic Corporation (SCHL)

$35.87

+0.35 (+0.99%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 9481,0131,0651,091-
Net Income -11-4416-552
Stock Dividends ---4701,060
Dividend Paid -21-21-21-21-21
Retained Earnings 9169481,0131,0651,091

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 672578556475-
Annual Depreciation 11161117202541
Capital Expenditure -47-66-95-122-66
Net PPE 636672578556475

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -119119125125
New Purchases -10-4-19-1-
Intangible and Goodwill 119119125125126

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.