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Discontinued Operations (Tables)
 6 Months Ended
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