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EDUCATIONAL DEVELOPMENT CORP (EDUC)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-28-23Feb-28-22Feb-28-21Feb-29-20Feb-28-19Feb-28-18Feb-28-17Feb-29-16
   10-K10-K10-K10-K10-K10-K/A10-K10-K
Total revenues   [+]87.8142.2204.6113.0118.8112.0106.663.6
            Revenue growth  -38.2%-30.5%81.1%-4.9%6.1%5.0%67.6%95.5%
Cost of goods sold  31.844.360.036.939.135.828.620.5
Gross profit  56.197.9144.676.179.776.278.043.1
            Gross margin  63.8%68.9%70.7%67.4%67.1%68.0%73.2%67.8%
Selling, general and administrative   [+]58.787.7128.669.171.268.873.039.8
Other operating expenses         -1.0
EBITDA   [+]-0.112.417.68.510.08.66.14.5
            EBITDA margin  -0.1%8.7%8.6%7.5%8.4%7.7%5.7%7.1%
Depreciation and amortization  2.52.11.61.41.51.31.10.3
EBIT   [+]-2.610.216.07.08.67.45.04.3
            EBIT margin  -2.9%7.2%7.8%6.2%7.2%6.6%4.7%6.7%
Non-recurring items   [+]      1.1 
Interest expense  2.20.90.60.90.91.11.00.2
Other income (expense), net   [+]1.31.91.81.61.61.61.7-0.5
Pre-tax income  -3.411.217.27.89.27.84.63.5
Income taxes  -0.92.94.62.12.52.61.81.4
            Tax rate  26.9%26.1%26.7%27.2%27.3%33.4%38.0%40.2%
Net income  -2.58.312.65.66.75.22.92.1
            Net margin  -2.9%5.8%6.2%5.0%5.6%4.7%2.7%3.3%
   
Basic EPS   [+]($0.31)$1.03$1.51$0.68$0.82$0.64$0.70$0.52
Diluted EPS   [+]($0.31)$0.98$1.50$0.68$0.81$0.64$0.70$0.52
   
Dividends per share   [+]$0.11$0.40$0.32$0.20$0.20 $0.27$0.35
   
Shares outstanding (basic)   [+]8.28.08.48.38.28.24.14.0
Shares outstanding (diluted)   [+]8.28.58.48.38.28.24.14.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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