Investments	3 Months Ended
Aug. 31, 2016
Equity Method And Cost Method Investments [Abstract]
Investments	INVESTMENTS Included in “Other assets and deferred charges” on the Company’s condensed consolidated balance sheets were investments of $25.5, $26.2 and $27.6 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively. The Company's 48.5% equity interest in Make Believe Ideas Limited (MBI), a UK-based children's book publishing company, is accounted for using the equity method of accounting. Under the purchase agreement, and subject to its provisions, the Company will purchase the remaining outstanding shares in MBI following the completion of MBI's accounts for the calendar year 2018. The remaining controlling interest is held by a single third party and therefore the Company accounted for the investment using the equity method of accounting. The net carrying value of this investment was $7.8, $8.0 and $7.8 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively. The Company’s 26.2% non-controlling interest in another children’s book publishing business located in the UK is accounted for using the equity method of accounting. The net carrying value of this investment was $17.7, $18.1 and $18.7 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively. The Company has other equity and cost method investments that had a net carrying value of $0.0, $0.1 and $1.1 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively. Income from equity investments reported in "Selling, general and administrative expenses" in the condensed consolidated Statements of Operations totaled $1.8 and $1.2 for the three months ended August 31, 2016 and August 31, 2015, respectively.

INVESTMENTS

Included in “Other assets and deferred charges” on the Company’s condensed consolidated balance sheets were investments of $25.5, $26.2 and $27.6 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively.

The Company's 48.5% equity interest in Make Believe Ideas Limited (MBI), a UK-based children's book publishing company, is accounted for using the equity method of accounting. Under the purchase agreement, and subject to its provisions, the Company will purchase the remaining outstanding shares in MBI following the completion of MBI's accounts for the calendar year 2018. The remaining controlling interest is held by a single third party and therefore the Company accounted for the investment using the equity method of accounting. The net carrying value of this investment was $7.8, $8.0 and $7.8 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively.

The Company’s 26.2% non-controlling interest in another children’s book publishing business located in the UK is accounted for using the equity method of accounting. The net carrying value of this investment was $17.7, $18.1 and $18.7 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively. The Company has other equity and cost method investments that had a net carrying value of $0.0, $0.1 and $1.1 at August 31, 2016, May 31, 2016 and August 31, 2015, respectively.

Income from equity investments reported in "Selling, general and administrative expenses" in the condensed consolidated Statements of Operations totaled $1.8 and $1.2 for the three months ended August 31, 2016 and August 31, 2015, respectively.