SCHOLASTIC CORPORATION
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $1.89B | $1.85B |
| Cost of Revenue | $848.6M | $881.7M |
| Gross Profit | $1.05B | $967.6M |
| Gross Margin | 55.2% | 52.3% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $795.1M | $777.2M |
| Operating Income | $132.2M | $60.6M |
| Operating Margin | 7.0% | 3.3% |
| Interest Expense | $17.8M | $24.2M |
| Pretax Income | $115.4M | $24.8M |
| Income Tax Expense | $54.4M | $17.8M |
| Net Income | $56.1M | $-14.3M |
| Net Margin | 3.0% | -0.8% |
| EPS (Basic) | $1.54 | $-0.38 |
| EPS (Diluted) | $1.52 | $-0.38 |
| Shares Outstanding (Basic) | 36.5M | — |
| Shares Outstanding (Diluted) | 36.8M | — |
| Dividends Per Share | $0.30 | $0.30 |