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Goodwill and Other Intangibles
6 Months Ended
Nov. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangibles
GOODWILL AND OTHER INTANGIBLES
 
The Company assesses goodwill and other intangible assets with indefinite lives annually or more frequently if impairment indicators are such that the goodwill is more likely than not impaired. The Company continues to monitor impairment indicators in light of changes in market conditions, near and long-term demand for the Company’s products and other relevant factors.

The following table summarizes the activity in Goodwill for the periods indicated: 
 
Six months ended 
 November 30, 2015
 
Twelve months ended
May 31, 2015
 
Six months ended 
 November 30, 2014
Gross beginning balance
$
155.9

 
$
156.0

 
$
156.0

Accumulated impairment
(39.6
)
 
(34.2
)
 
(34.2
)
Beginning balance
$
116.3

 
$
121.8

 
$
121.8

Impairment charge

 
(5.4
)
 

Foreign currency translation
(0.1
)
 
(0.1
)
 
0.0

Gross ending balance
$
155.8

 
$
155.9

 
$
156.0

Accumulated impairment
(39.6
)
 
(39.6
)
 
(34.2
)
Ending balance
$
116.2

 
$
116.3

 
$
121.8



In the second quarter of fiscal 2016, the Company acquired 100% of the share capital of a book fairs business located in the United Kingdom and has integrated this business with its existing business in the United Kingdom. As a result, the Company recognized $1.9 of amortizable intangible assets.

The following table summarizes the activity in Total other intangibles for the periods indicated:
 
Six months ended 
 November 30, 2015
 
Twelve months ended
May 31, 2015
 
Six months ended 
 November 30, 2014
Beginning balance - Other intangibles subject to amortization
$
4.7

 
$
5.8

 
$
5.8

Additions
2.4

 
0.8

 
0.8

Amortization expense
(1.1
)
 
(1.9
)
 
(1.0
)
Total other intangibles subject to amortization,
  net of accumulated amortization of $18.4, $17.3
    and $16.3, respectively
$
6.0

 
$
4.7

 
$
5.6

Total other intangibles not subject to
  amortization
$
2.1

 
$
2.1

 
$
2.1

Total other intangibles
$
8.1

 
$
6.8

 
$
7.7



Amortization expense for Total other intangibles was $1.1 and $1.0 for the six months ended November 30, 2015 and 2014, respectively. Intangible assets with definite lives consist principally of customer lists, covenants not to compete and trademark rights. Intangible assets with definite lives are amortized over their estimated useful lives. The weighted-average remaining useful lives of all amortizable intangible assets is approximately 4 years.