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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 31, 2016
May 31, 2016
Aug. 31, 2015
Current Assets:      
Cash and cash equivalents $ 287.6 $ 399.7 $ 250.3
Restricted cash held in escrow 5.0 9.9 32.0
Accounts receivable, net 222.6 196.3 148.0
Inventories, net 375.7 271.2 367.0
Deferred income taxes     81.1
Prepaid expenses and other current assets 117.9 72.5 121.1
Current assets of discontinued operations 0.5 0.5 0.9
Total current assets 1,009.3 950.1 1,000.4
Property, plant and equipment, net 438.7 437.6 434.0
Prepublication costs 42.6 41.8 50.6
Royalty advances, net 45.3 44.0 40.0
Goodwill 116.3 116.2 116.2
Other intangibles 6.3 6.8 6.8
Noncurrent deferred income taxes 69.0 68.5 5.9
Other assets and deferred charges 47.7 48.1 53.1
Total noncurrent assets 765.9 763.0 706.6
Total assets 1,775.2 1,713.1 1,707.0
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 12.1 6.3 5.7
Accounts payable 203.6 138.2 224.3
Accrued royalties 66.3 31.6 39.8
Deferred revenue 45.2 23.5 42.1
Other accrued expenses 151.6 175.9 140.1
Accrued income taxes 2.0 1.6 3.6
Current liabilities of discontinued operations 0.3 1.2 3.0
Total current liabilities 481.1 378.3 458.6
Noncurrent Liabilities:      
Other noncurrent liabilities 75.5 77.2 68.9
Total noncurrent liabilities 75.5 77.2 68.9
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 601.7 600.7 598.7
Accumulated other comprehensive income (loss) (87.9) (86.7) (83.6)
Retained earnings 1,015.0 1,059.8 985.4
Treasury stock at cost (310.6) (316.6) (321.4)
Total stockholders’ equity 1,218.6 1,257.6 1,179.5
Total liabilities and stockholders’ equity 1,775.2 1,713.1 1,707.0
Common Class A      
Stockholders’ Equity:      
Common Stock, value $ 0.0 $ 0.0 $ 0.0