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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 29, 2016
May. 31, 2015
Feb. 28, 2015
Current Assets:      
Cash and cash equivalents $ 351.9 $ 506.8 $ 14.6
Restricted cash held in escrow 17.3 34.5 0.0
Accounts receivable, net 188.1 193.8 174.6
Inventories, net 333.1 257.6 327.9
Deferred income taxes 81.2 81.0 80.9
Prepaid expenses and other current assets 83.3 33.7 72.9
Current assets of discontinued operations 0.6 3.1 44.4
Total current assets 1,055.5 1,110.5 715.3
Property, plant and equipment, net 439.6 439.7 445.2
Prepublication costs 42.0 51.7 51.5
Royalty advances, net 42.9 39.3 40.2
Goodwill 116.2 116.3 121.7
Other intangibles 7.4 6.8 7.3
Noncurrent deferred income taxes 5.2 6.5 5.1
Other assets and deferred charges 51.9 51.5 45.4
Noncurrent assets of discontinued operations 0.0 0.0 119.8
Total noncurrent assets 705.2 711.8 836.2
Total assets 1,760.7 1,822.3 1,551.5
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 8.2 6.0 19.1
Capital lease obligations 1.1 0.3 0.2
Accounts payable 196.4 146.8 176.9
Accrued royalties 52.8 26.8 50.8
Deferred revenue 52.7 21.5 48.4
Other accrued expenses 152.0 173.3 150.7
Accrued income taxes 2.8 158.8 5.6
Current liabilities of discontinued operations 1.5 14.1 56.4
Total current liabilities 467.5 547.6 508.1
Noncurrent Liabilities:      
Long-term debt 0.0 0.0 65.0
Capital lease obligations 7.7 0.4 0.3
Other noncurrent liabilities 59.3 69.4 59.5
Noncurrent liabilities of discontinued operations 0.0 0.0 0.8
Total noncurrent liabilities 67.0 69.8 125.6
Commitments and Contingencies 0.0 0.0 0.0
Stockholders’ Equity:      
Preferred Stock, $1.00 par value 0.0 0.0 0.0
Common Stock, value 0.4 0.4 0.4
Additional paid-in capital 601.5 591.5 586.4
Accumulated other comprehensive income (loss) (86.0) (77.0) (71.0)
Retained earnings 1,030.9 1,039.9 762.6
Treasury stock at cost (320.6) (349.9) (360.6)
Total stockholders’ equity 1,226.2 1,204.9 917.8
Total liabilities and stockholders’ equity 1,760.7 1,822.3 1,551.5
Common Class A      
Stockholders’ Equity:      
Common Stock, value $ 0.0 $ 0.0 $ 0.0