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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Cash flows - operating activities:    
Net income (loss) $ 15.5 $ 34.4
Earnings (loss) from discontinued operations, net of tax (0.8) 20.7
Earnings (loss) from continuing operations 16.3 13.7
Adjustments to reconcile earnings from continuing operations to net cash provided by (used in) operating activities of continuing operations:    
Provision for losses on accounts receivable 5.8 6.1
Provision for losses on inventory 9.1 10.3
Provision for losses on royalty advances 1.7 2.0
Amortization of prepublication and production costs 13.8 15.3
Depreciation and amortization 21.3 25.9
Amortization of pension and post-retirement actuarial gains and losses 2.2 4.9
Deferred income taxes 0.3 (2.3)
Stock-based compensation 6.5 6.0
Income from equity investments (2.4) (1.7)
Non-cash write off related to asset impairments 0.0 2.9
(Gain) loss on investments (2.2) (0.6)
Changes in assets and liabilities:    
Accounts receivable (68.7) (40.5)
Inventories (86.1) (92.4)
Other current assets (19.3) (14.2)
Deferred promotion costs (3.4) (3.8)
Royalty advances (4.4) (3.6)
Accounts payable 46.1 38.9
Other accrued expenses (9.5) 2.4
Accrued income taxes (150.9) (0.1)
Accrued royalties 10.5 7.0
Deferred revenue 53.5 49.3
Pension and post-retirement liability (2.6) 4.9
Other noncurrent liability (1.8) (0.6)
Other, net (3.0) (7.2)
Total adjustments (183.5) 8.9
Net cash provided by (used in) operating activities of continuing operations (167.2) 22.6
Net cash provided by (used in) operating activities of discontinued operations (10.8) 68.3
Net cash provided by (used in) operating activities (178.0) 90.9
Cash flows - investing activities:    
Prepublication and production expenditures (11.4) (15.4)
Additions to property, plant and equipment (12.0) (13.4)
Repayment of loan to investee 0.0 (4.8)
Other investment and acquisition related payments (3.7) (0.7)
Proceeds from the sale of investments 3.3 0.6
Net cash provided by (used in) investing activities of continuing operations (23.8) (24.1)
Changes in restricted cash held in escrow for assets discontinued (sold) 9.8 0.0
Net cash provided by (used in) investing activities of discontinued operations 0.0 (13.3)
Net cash provided by (used in) investing activities (14.0) (37.4)
Cash flows - financing activities:    
Net borrowings under credit agreement and revolving loan 0.0 (25.0)
Borrowings under lines of credit 32.5 184.8
Repayment of lines of credit (26.2) (191.1)
Repayment of capital lease obligations (0.3) 0.0
Reacquisition of common stock 0.0 (3.5)
Proceeds pursuant to stock-based compensation plans 33.7 12.9
Payment of dividends (10.2) (9.9)
Net collections (remittances) under transition services agreement 12.9 0.0
Other 4.4 1.1
Net cash provided by (used in) financing activities of continuing operations 46.8 (30.7)
Effect of exchange rate changes on cash and cash equivalents (0.7) (0.8)
Net increase (decrease) in cash and cash equivalents (145.9) 22.0
Cash and cash equivalents at beginning of period 506.8 20.9
Cash and cash equivalents at end of period $ 360.9 $ 42.9