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Educational Development Corp  (NAS:EDUC) Other Income (Expense): $1.7 Mil (TTM As of May. 2017)

Educational Development Corp's other income expense for the Educational Development Corp's pretax income for the three months ended in May. 2017 was $0.4 Mil. Its other income expense for the trailing twelve months (TTM) ended in May. 2017 was $1.7 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Educational Development Corp Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Other Income (Expense) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 -0.38 0.07 0.48 1.70

Educational Development Corp Quarterly Data

Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
Other Income (Expense) 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 Premium Member Only Premium Member Only Premium Member Only 0.37 0.38 0.50 0.44 0.37

Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in May. 2017 was 0.378 (Aug. 2016 ) + 0.503 (Nov. 2016 ) + 0.444 (Feb. 2017 ) + 0.373 (May. 2017 ) = $1.7 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


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