School Specialty Inc (SCOO) financial statements (2021 and earlier)

Company profile

Business Address W6316 DESIGN DRIVE
GREENVILLE, WI 54942
State of Incorp. DE
Fiscal Year End December 31
SIC 50 - Wholesale Trade-durable Goods (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
4/30/2015
4/30/2014
4/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2132359921
Cash and cash equivalents2132359921
Receivables62786962596359
Inventory, net of allowances, customer advances and progress billings71907774979393
Inventory71907774979393
Deferred costs  35789
Prepaid expense and other current assets30
Other undisclosed current assets18171513172036
Total current assets:154186196188189193247
Noncurrent Assets
Operating lease, right-of-use asset15
Property, plant and equipment27323429323939
Long-term investments and receivables    111
Long-term investments    111
Intangible assets, net (including goodwill)253864576370110
Goodwill 527222222 
Intangible assets, net (excluding goodwill)253337354148110
Regulated entity, other noncurrent assets      10
Assets held-for-sale, long lived2 
Deferred tax assets, net  0000
Other undisclosed noncurrent assets14151814283420
Total noncurrent assets:818511699124146180
TOTAL ASSETS:235271312288313340428
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities35514438495230
Accounts payable24412722424323
Accrued liabilities2364   
Employee-related liabilities971212797
Deferred revenue7
Debt150301152612198
Deferred revenue and credits33232
Contract with customer, liability6
Other liabilities13111511121422
Other undisclosed current liabilities      25
Total current liabilities:2059974578981278
Noncurrent Liabilities
Long-term debt and lease obligation10104131132157154 
Long-term debt, excluding current maturities 104131132157154 
Operating lease, liability10
Liabilities, other than long-term debt0100111
Other liabilities0100111
Other undisclosed noncurrent liabilities      228
Total noncurrent liabilities:11105131132158155229
Total liabilities:216203205189247237507
Stockholders' equity
Stockholders' equity attributable to parent19671079866103(79)
Common stock0000000
Treasury stock, value(0)     (187)
Additional paid in capital126125123121119121446
Accumulated other comprehensive income (loss)(2)(2)(1)(2)(1)(0)22
Accumulated deficit(105)(56)(14)(21)(51)(17)(361)
Total stockholders' equity:19671079866103(79)
TOTAL LIABILITIES AND EQUITY:235271312288313340428

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
4/30/2015
4/30/2014
4/30/2013
Revenues626673658656622 675
Revenue, net658656622 675
Cost of revenue(418)(445)(415)(416)(394) (411)
Cost of goods and services sold    (394) (411)
Gross profit:208229243240228 264
Operating expenses(230)(247)(218)(217)(278) (422)
Other undisclosed operating income    37 109
Operating income (loss):(22)(18)2523(13) (49)
Nonoperating income (expense)
(Investment Income, Nonoperating)
(0)  00  
Interest and debt expense(29)(16)(19)(18)(20) (39)
Other undisclosed loss from continuing operations before equity method investments, income taxes    (0) (58)
Income (loss) from continuing operations before equity method investments, income taxes:(51)(34)56(33) (147)
Loss from equity method investments      (1)
Other undisclosed income from continuing operations before income taxes   9   
Income (loss) from continuing operations before income taxes:(51)(34)515(33) (148)
Income tax expense (benefit)1(5)10(1) 0
Net income (loss) available to common stockholders, diluted:(50)(39)715(34) (148)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
4/30/2015
4/30/2014
4/30/2013
Net income (loss):(50)(39)715(34) (148)
Comprehensive income (loss):(50)(39)715(34) (148)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(1)00(1) (1)
Comprehensive income (loss), net of tax, attributable to parent:(49)(39)715(34) (149)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: