Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables)

12 Months Ended

May 31, 2018

Goodwill and Intangible Assets, Net of Accumulated Amortization [Abstract]

Components of Intangible Assets, at Cost



	May 31,
In millions	2018		2017
Client lists(1)	$	308.5	$	293.5
Other intangible assets		13.3		5.4
Total intangible assets, gross		321.8		298.9
Less: Accumulated amortization		180.4		241.3
Intangible assets, net of accumulated amortization	$	141.4	$	57.6

(1)

During fiscal 2018, the Company resolved a contractual dispute within certain licensees. As part of this agreement, the Company acquired rights to certain client lists for approximately $30.0 million. Refer to Note P for further details. In addition, the balance as of May 31, 2018 includes client lists from the HROI and Lessor acquisitions. Refer to Note C for further details.

Estimated Amortization Expense


In millions	Estimated amortization
Year ending May 31,	expense
2019	$	25.5
2020		22.4
2021		19.3
2022		16.4
2023		14.1