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Discontinued Operations (Tables) | 6 Months Ended
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Nov. 30, 2015
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of revenue, assets, and liabilities of discontinued operations | The following table summarizes the operating results of the discontinued operations for the three and six month periods ended November 30, 2015, respectively:
| Three months ended November 30, 2015 |  | Six months ended November 30, 2015
| Ed Tech |  | All Other |  | Total |  | Ed Tech |  | All Other |  | Total
Revenues | $ | — |  |  | $ | 0.2 |  |  | $ | 0.2 |  |  | $ | — |  |  | $ | 0.3 |  |  | $ | 0.3 |
Operating costs and expenses | 0.3 |  |  | 0.3 |  |  | 0.6 |  |  | 0.9 |  |  | 0.7 |  |  | 1.6 |
Interest income (expense) | — |  |  | 0.1 |  |  | 0.1 |  |  | — |  |  | 0.1 |  |  | 0.1 |
Earnings (loss) before income taxes | $ | (0.3 | ) |  | $ | (0.0 | ) |  | $ | (0.3 | ) |  | $ | (0.9 | ) |  | $ | (0.3 | ) |  | $ | (1.2 | )
Provision (benefit) for income taxes | (0.0 | ) |  | (0.0 | ) |  | (0.0 | ) |  | (0.3 | ) |  | (0.1 | ) |  | (0.4 | )
Earnings (loss) from discontinued operations, net of tax | $ | (0.3 | ) |  | $ | (0.0 | ) |  | $ | (0.3 | ) |  | $ | (0.6 | ) |  | $ | (0.2 | ) |  | $ | (0.8 | )
The following table summarizes the operating results of the discontinued operations for the three and six month periods ended November 30, 2014, respectively:
| Three months ended November 30, 2014 |  | Six months ended November 30, 2014
| Ed Tech |  | All Other |  | Total |  | Ed Tech |  | All Other |  | Total
Revenues | $ | 50.3 |  |  | $ | 4.2 |  |  | $ | 54.5 |  |  | $ | 140.5 |  |  | $ | 7.3 |  |  | $ | 147.8 |
Operating costs and expenses (1) | 48.7 |  |  | 4.1 |  |  | 52.8 |  |  | 104.6 |  |  | 8.1 |  |  | 112.7 |
Earnings (loss) before income taxes | $ | 1.6 |  |  | $ | 0.1 |  |  | $ | 1.7 |  |  | $ | 35.9 |  |  | $ | (0.8 | ) |  | $ | 35.1 |
Provision (benefit) for income taxes | 0.8 |  |  | 0.0 |  |  | 0.8 |  |  | 14.7 |  |  | (0.3 | ) |  | 14.4 |
Earnings (loss) from discontinued operations, net of tax | $ | 0.8 |  |  | $ | 0.1 |  |  | $ | 0.9 |  |  | $ | 21.2 |  |  | $ | (0.5 | ) |  | $ | 20.7 |
(1) For the three and six months ended November 30, 2014, Operating costs and expenses of the continuing operations included costs related to unabsorbed overhead burden associated with the Ed Tech business of $3.5 and $7.4, respectively. These costs were included in the Overhead segment. For the three months ended November 30, 2014, these costs were recorded in Selling general and administrative expenses. For the six months ended November 30, 2014, $0.1 of the costs were recorded in Cost of goods sold and $7.3 were recorded in Selling general and administrative expenses. The following table sets forth the assets and liabilities of the discontinued operations included in the condensed consolidated balance sheets of the Company:
| November 30, 2015 |  | May 31, 2015 |  | November 30, 2014
Accounts receivable, net | $ | 0.1 |  |  | $ | 2.5 |  |  | $ | 43.2 |
Inventories, net | — |  |  | 0.1 |  |  | 13.5 |
Prepaid expenses and other current assets | 0.5 |  |  | 0.5 |  |  | 1.1 |
Current assets of discontinued operations | $ | 0.6 |  |  | $ | 3.1 |  |  | $ | 57.8 |
Property, plant and equipment, net | — |  |  | — |  |  | 2.0 |
Prepublication costs, net | — |  |  | — |  |  | 88.5 |
Royalty advances, net | — |  |  | — |  |  | 1.1 |
Goodwill | — |  |  | — |  |  | 22.7 |
Other intangibles, net | — |  |  | — |  |  | 4.1 |
Other assets and deferred charges | — |  |  | — |  |  | 0.2 |
Noncurrent assets of discontinued operations | $ | — |  |  | $ | — |  |  | $ | 118.6 |
Capital lease obligation | — |  |  | — |  |  | 0.4 |
Accounts payable | — |  |  | 0.1 |  |  | 9.1 |
Accrued royalties | 0.1 |  |  | 0.7 |  |  | 4.8 |
Deferred revenue | 0.1 |  |  | 0.1 |  |  | 47.0 |
Other accrued expenses | 1.4 |  |  | 13.2 |  |  | 4.6 |
Current liabilities of discontinued operations | $ | 1.6 |  |  | $ | 14.1 |  |  | $ | 65.9 |
Capital lease obligation | — |  |  | — |  |  | 0.5 |
Other noncurrent liabilities | — |  |  | — |  |  | 0.1 |
Noncurrent liabilities of discontinued operations | $ | — |  |  | $ | — |  |  | $ | 0.6 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760 + Details
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