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Employee Benefit Plans | 9 Months Ended
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Feb. 28, 2014
Compensation and Retirement Disclosure [Abstract] |
Pension and Other Postretirement Benefits Disclosure | Employee Benefit Plans The following table sets forth components of the net periodic benefit costs for the periods indicated under the Company’s cash balance retirement plan for its United States employees meeting certain eligibility requirements (the “U.S. Pension Plan”) and the defined benefit pension plan of Scholastic Ltd., an indirect subsidiary of Scholastic Corporation located in the United Kingdom (the “UK Pension Plan” and, together with the U.S. Pension Plan, the “Pension Plans”). Also included are the post-retirement benefits, consisting of certain healthcare and life insurance benefits provided by the Company to its eligible retired United States-based employees (the “Post-Retirement Benefits”). The Pension Plans and Post-Retirement Benefits include participants associated with both continuing operations and discontinued operations.
| Pension Plans Three months ended February 28, |  | Post-Retirement Benefits Three months ended February 28,
| 2014 |  | 2013 |  | 2014 |  | 2013
Components of net periodic benefit (credit) cost: |  |  |  |  |  |  |
Service cost | $ | — |  |  | $ | — |  |  | $ | 0.0 |  |  | $ | 0.0 |
Interest cost | 1.8 |  |  | 1.7 |  |  | 0.3 |  |  | 0.3 |
Expected return on assets | (3.2 | ) |  | (2.6 | ) |  | — |  |  | — |
Net amortization of prior service credit | — |  |  | — |  |  | (0.1 | ) |  | (0.1 | )
Amortization of (gain) loss | 0.5 |  |  | 0.5 |  |  | 0.5 |  |  | 0.3 |
Net periodic benefit (credit) cost | $ | (0.9 | ) |  | $ | (0.4 | ) |  | $ | 0.7 |  |  | $ | 0.5 |
| Pension Plans Nine months ended February 28, |  | Post-Retirement Benefits Nine months ended February 28,
| 2014 |  | 2013 |  | 2014 |  | 2013
Components of net periodic benefit (credit) cost: |  |  |  |  |  |  |
Service cost | $ | — |  |  | $ | — |  |  | $ | 0.0 |  |  | $ | 0.0 |
Interest cost | 5.4 |  |  | 5.2 |  |  | 1.0 |  |  | 1.1 |
Expected return on assets | (9.5 | ) |  | (7.9 | ) |  | — |  |  | — |
Net amortization of prior service credit | — |  |  | — |  |  | (0.2 | ) |  | (0.3 | )
Amortization of (gain) loss | 1.4 |  |  | 1.6 |  |  | 1.7 |  |  | 2.2 |
Net periodic benefit (credit) cost | $ | (2.7 | ) |  | $ | (1.1 | ) |  | $ | 2.5 |  |  | $ | 3.0 |
The Company’s funding practice with respect to the Pension Plans is to contribute on an annual basis at least the minimum amounts required by applicable laws. For the nine months ended February 28, 2014, the Company contributed $3.3 to the U.S. Pension Plan and $1.0 to the UK Pension Plan. The Company expects, based on actuarial calculations, to contribute cash of approximately $4.6 to the Pension Plans for the fiscal year ending May 31, 2014. In the current fiscal year, the U.S. Pension Plan's funding status is sufficient to allow participants to receive "lump sum" payments at the participant's request. If these requests exceed $5.4 in the current fiscal year, the Company will recognize a partial settlement.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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