SCHOLASTIC CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.74B | $1.67B | $1.64B | $1.56B | $1.55B | $2.14B | $1.88B |
| Cost of Revenue | $744.6M | $814.5M | $762.3M | $758.5M | $725.0M | $715.4M | $984.6M | $869.0M |
| Gross Profit | $883.8M | $927.1M | $910.5M | $877.3M | $836.5M | $834.4M | $1.15B | $1.01B |
| Gross Margin | 54.3% | 53.2% | 54.4% | 53.6% | 53.6% | 53.8% | 54.0% | 53.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $765.7M | $777.5M | $773.6M | $771.1M | $727.3M | $734.8M | $878.5M | $834.7M |
| Operating Income | $55.6M | $89.2M | $71.7M | $32.9M | $10.4M | $21.1M | $185.3M | $103.7M |
| Operating Margin | 3.4% | 5.1% | 4.3% | 2.0% | 0.7% | 1.4% | 8.7% | 5.5% |
| Interest Expense | $2.0M | $2.4M | $2.2M | $3.8M | $7.5M | $15.7M | $16.5M | $17.1M |
| Pretax Income | $-1.5M | $87.9M | $68.7M | $29.9M | $-2.3M | $6.6M | $169.7M | $84.1M |
| Income Tax Expense | $3.5M | $35.4M | $24.7M | $14.4M | $-15.6M | $1.7M | $61.6M | $38.8M |
| Net Income | $-5.0M | $52.3M | $40.5M | $294.6M | $44.4M | $31.1M | $102.4M | $39.4M |
| Net Margin | -0.3% | 3.0% | 2.4% | 18.0% | 2.8% | 2.0% | 4.8% | 2.1% |
| EPS (Basic) | $-0.14 | $1.51 | $1.18 | $9.00 | $1.39 | $0.97 | $3.27 | $1.18 |
| EPS (Diluted) | $-0.14 | $1.47 | $1.16 | $8.80 | $1.36 | $0.95 | $3.21 | $1.16 |
| Shares Outstanding (Basic) | 35.0M | 34.7M | 34.1M | 32.7M | 32.0M | 31.8M | 31.2M | 33.1M |
| Shares Outstanding (Diluted) | 35.0M | 35.4M | 34.9M | 33.4M | 32.5M | 32.4M | 31.7M | 33.6M |
| Dividends Per Share | $0.60 | $0.60 | $0.60 | $0.60 | $0.58 | $0.50 | $0.45 | $0.35 |