Educational Development Corporation (EDUC) financial statements (2020 and earlier)

Company profile

Business Address 10302 E 55TH PL #B
TULSA, OK 74146
State of Incorp. DE
Fiscal Year End February 28
SIC 519 - Miscellaneous Non-durable Goods (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

11/30/2019
Q3
8/31/2019
Q2
5/31/2019
Q1
2/28/2019
Q4
11/30/2018
Q3
8/31/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments911381
Cash and cash equivalents911381
Receivables433343
Inventory, net of allowances, customer advances and progress billings303634333134
Inventory303634333134
Other undisclosed current assets111221
Total current assets:444139424439
Noncurrent Assets
Inventory, Noncurrent111111
Property, plant and equipment272727272728
Other noncurrent assets000000
Total noncurrent assets:272728282828
TOTAL ASSETS:716967697267
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities171616172018
Accounts payable121312141515
Employee-related liabilities322242
Taxes payable111 11
Interest and dividends payable00000 
Deferred revenue0101
Debt111111
Other liabilities433442
Other undisclosed current liabilities 1 113
Total current liabilities:232220242624
Noncurrent Liabilities
Long-term debt and lease obligation181819191919
Long-term debt, excluding current maturities181819191919
Operating lease, liability000 
Liabilities, other than long-term debt000010
Deferred tax liabilities, net10
Other liabilities000000
Other undisclosed noncurrent liabilities1111  
Total noncurrent liabilities:192020202020
Total liabilities:424140434644
Stockholders' equity
Stockholders' equity attributable to parent292727262623
Common stock222222
Treasury stock, value(12)(12)(11)(11)(11)(11)
Additional paid in capital1099999
Retained earnings302727262624
Total stockholders' equity:292727262623
TOTAL LIABILITIES AND EQUITY:716967697267

Income statement (P&L) ($ in millions)

11/30/2019
Q3
8/31/2019
Q2
5/31/2019
Q1
2/28/2019
Q4
11/30/2018
Q3
8/31/2018
Q2
Revenues412428244025
Cost of revenue
(Cost of Goods and Services Sold)
(13)(8)(9)(8)(13)(8)
Gross profit:281619162716
Operating expenses(24)(15)(17)(15)(24)(14)
Operating income:412142
Interest and debt expense(0)(0)(0)(0)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes000000
Income from continuing operations before income taxes:412142
Income tax expense(1)(0)(0)(0)(1)(1)
Net income available to common stockholders, diluted:311131

Comprehensive Income ($ in millions)

11/30/2019
Q3
8/31/2019
Q2
5/31/2019
Q1
2/28/2019
Q4
11/30/2018
Q3
8/31/2018
Q2
Net income:311131
Comprehensive income, net of tax, attributable to parent:311131

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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