Educational Development Corp (EDUC) company profile

Educational Development Corporation publishes and distributes children's books, educational manipulatives, and learning games. The company operates through two primary divisions: PaperPie and Publishing. PaperPie distributes products directly to consumers, schools, and libraries through a multi-level network of independent brand partners who host home shows, online events, and book fairs. The Publishing division sells trade products on a wholesale basis to retail accounts, including national bookstore chains, independent bookstores, toy and gift shops, school supply stores, and museums. EDC owns Kane Miller books, Learning Wrap-Ups, and SmartLab Toys, and serves as an exclusive multi-level marketing distributor for Usborne Publishing in the United States.

EDC conducts business primarily across the United States, with select book and toy product lines sold into Canada and international markets. The company is headquartered in Tulsa, Oklahoma, where it leases office and warehouse distribution space. Additional operations and leased office facilities are located in San Diego, California, and Ogden, Utah.

Summary of the business section of Educational Development's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.