GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Scholastic Corp (NAS:SCHL) » Definitions » Net Income

Scholastic (Scholastic) Net Income : $52 Mil (TTM As of Feb. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Scholastic Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Scholastic's Net Income for the three months ended in Feb. 2024 was $-27 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was $52 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Scholastic's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was $-0.91.


Scholastic Net Income Historical Data

The historical data trend for Scholastic's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scholastic Net Income Chart

Scholastic Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.60 -43.80 -11.00 80.90 86.30

Scholastic Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.20 75.70 -74.20 76.90 -26.50

Scholastic Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Scholastic's Net Income for the fiscal year that ended in May. 2023 is calculated as

Net Income(A: May. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=112.4+-25.9+0+-0.2
=86

Scholastic's Net Income for the quarter that ended in Feb. 2024 is calculated as

Net Income(Q: Feb. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-34.6+8.1+0+0
=-27

Net Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $52 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Scholastic  (NAS:SCHL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Scholastic's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Scholastic Net Income Related Terms

Thank you for viewing the detailed overview of Scholastic's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Scholastic (Scholastic) Business Description

Traded in Other Exchanges
Address
557 Broadway, New York, NY, USA, 10012
Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. The company is one of the world's largest publishers of children's books and also owns exclusive rights to various books, including Harry Potter and The Hunger Games. Some of the company's original titles include Clifford the Big Red Dog, Goosebumps, and The Magic School Bus. It has three reportable segments Children's Book Publishing and Distribution, Education Solutions and International. It majority of its revenue is from the Children's Book Publishing and Distribution segment.
Executives
John L Davies director C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Warwick Peter director C/O SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Sasha Quinton officer: President, Book Fairs C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Linda Li director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Paul Hukkanen officer: Chief Accounting Officer C/O CORPORATE SECRETARY, SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Verdell Walker director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10019
Robert Louis Dumont director C/O SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Rose Else-mitchell officer: President, Education Solutions C/O HMH; 125 HIGH STREET, BOSTON MA 02110
Richard Robinson director, 10 percent owner, officer: CEO, Chairman and President C/O SCHOLASTIC CORP, 555 BROADWAY, NEW YORK NY 10012-3999
Andres A Alonso director C/O LEGAL DEPT.,SCHOLASTIC CORPORATION, 557 BROADWAY, NEW YORK NY 10012
Judith Newman officer: EVP, Pres., BK Clubs & E-Comm C/O CORPORATE SECRETARY, SCHOLASTIC CORPORATION, NEW YORK NY 10012
Andrews S Hedden director, officer: EVP, General Counsel C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Alan J Boyko officer: President, Schl Book Fairs C/O CORPORATE SECRETARY,SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Mary Beech director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Satbir Bedi officer: EVP, Chief Technology Officer C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012