Scholastic (Scholastic) Other Operating Expense : $56 Mil (TTM As of Feb. 2024)

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What is Scholastic Other Operating Expense?

Scholastic's Other Operating Expense for the three months ended in Feb. 2024 was $15 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2024 was $56 Mil.

Scholastic's quarterly Other Operating Expense increased from Aug. 2023 ($13 Mil) to Nov. 2023 ($14 Mil) and increased from Nov. 2023 ($14 Mil) to Feb. 2024 ($15 Mil).

Scholastic's annual Other Operating Expense declined from May. 2021 ($61 Mil) to May. 2022 ($57 Mil) and declined from May. 2022 ($57 Mil) to May. 2023 ($55 Mil).

Scholastic Other Operating Expense Historical Data

The historical data trend for Scholastic's Other Operating Expense 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 Other Operating Expense Chart

Scholastic Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Other Operating Expense

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56.10

61.50

60.50

56.80

54.70

Scholastic Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Other Operating Expense	Get a 7-Day Free Trial															13.50	13.70	13.40	14.10	14.60

Scholastic Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 $56 Mil.

Scholastic Other Operating Expense Related Terms

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Scholastic (Scholastic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Scholastic Corp (NAS:SCHL) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

557 Broadway, New York, NY, USA, 10012

Website

https://www.scholastic.com

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