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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Feb. 28, 2014
May 31, 2013
Feb. 28, 2013
Current Assets:      
Cash and cash equivalents $ 22.0 $ 87.4 $ 196.7
Accounts receivable, net 206.0 214.9 196.4
Inventories, net 335.6 278.1 352.5
Deferred income taxes 76.6 79.2 71.4
Prepaid expenses and other current assets 70.9 61.2 76.6
Current assets of discontinued operations 0.4 0.4 8.5
Total current assets 711.5 721.2 902.1
Property, plant and equipment, net 481.9 311.6 322.3
Prepublication costs 147.0 147.3 139.6
Royalty advances, net 39.7 37.0 36.8
Production costs 5.2 1.7 2.0
Goodwill 144.5 157.9 158.0
Other intangibles 12.8 14.6 15.0
Noncurrent deferred income taxes 5.4 14.9 42.5
Other assets and deferred charges 39.9 34.8 35.2
Total assets 1,587.9 1,441.0 1,653.5
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 4.7 2.0 1.8
Capital lease obligations 0 0.2 0.4
Accounts payable 159.8 156.2 157.9
Accrued royalties 53.9 34.4 66.3
Deferred revenue 83.0 48.1 81.4
Other accrued expenses 167.5 179.5 175.3
Current liabilities of discontinued operations 1.1 1.3 1.7
Total current liabilities 470.0 421.7 484.8
Noncurrent Liabilities:      
Long-term debt 175.0 0 153.0
Capital lease obligations 0 57.5 57.2
Other noncurrent liabilities 66.9 97.4 112.7
Total noncurrent liabilities 241.9 154.9 322.9
Commitments and Contingencies 0 0 0
Stockholders’ Equity:      
Preferred Stock, $1.00 par value 0 0 0
Common Stock, value 0.4 0.4 0.4
Additional paid-in capital 579.6 582.9 582.0
Accumulated other comprehensive income (loss) (68.2) (65.4) (68.7)
Retained earnings 741.9 738.9 721.4
Treasury stock at cost (377.7) (392.4) (389.3)
Total stockholders’ equity 876.0 864.4 845.8
Total liabilities and stockholders’ equity 1,587.9 1,441.0 1,653.5
Common Class A
      
Stockholders’ Equity:      
Common Stock, value $ 0 $ 0 $ 0