Scholastic SCHL Book fairs incentive credits — Contract with Customer, Liability
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Where this comes from
Reported directly by Scholastic in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
The official record: Scholastic’s 10-K, filed July 25, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Scholastic's book fairs incentive credits — contract with customer, liability?
- Scholastic (SCHL) reported book fairs incentive credits — contract with customer, liability of $122.1M in Q1 2025.
- How has Scholastic's book fairs incentive credits — contract with customer, liability changed year-over-year?
- Scholastic's book fairs incentive credits — contract with customer, liability increased by 6.9% year-over-year, from $114.2M to $122.1M.
- What does book fairs incentive credits — contract with customer, liability mean?
- This liability represents deferred revenue obligations arising from incentive credits issued to schools or partners during book fair events. These credits represent a performance obligation where the company is committed to providing future goods or services in exchange for the initial transaction. It serves as a measure of future fulfillment obligations and potential revenue recognition timing within the educational publishing segment.