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Segment Information
 3 Months Ended
Aug. 31, 2016
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
 
The Company categorizes its businesses into three reportable segments: Children’s Book Publishing and Distribution; Education; and International. This classification reflects the nature of products and services consistent with the method by which the Company’s chief operating decision-maker assesses operating performance and allocates resources.
 
•
Children’s Book Publishing and Distribution operates as an integrated business which includes the publication and distribution of children’s books, ebooks, media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. This segment is comprised of three operating segments.

•
Education includes the publication and distribution to schools and libraries of children’s books, classroom magazines, supplemental classroom materials and print and on-line reference and non-fiction products for grades pre-kindergarten to 12 in the United States. This segment is comprised of two operating segments.

•
International includes the publication and distribution of products and services outside the United States by the Company’s international operations, and its export and foreign rights businesses. This segment is comprised of three operating segments.
 
Children’s
Book
Publishing &
Distribution
 
Education
 
Overhead (1)
 
Total
Domestic
 
International
 
Total
Three months ended 
 August 31, 2016
 
 
 

 
 
 
 

 
 
 
 

Revenues
$
137.8

 
$
55.2

 
$
—

 
$
193.0

 
$
89.7

 
$
282.7

Bad debt
1.3

 
(0.1
)
 
—

 
1.2

 
1.7

 
2.9

Depreciation and amortization (2)
5.6

 
2.0

 
5.7

 
13.3

 
2.0

 
15.3

Segment operating income (loss)
(36.2
)
 
(4.4
)
 
(26.4
)
 
(67.0
)
 
3.9

 
(63.1
)
Segment assets at 8/31/16
534.5

 
167.1

 
807.2

 
1,508.8

 
265.9

 
1,774.7

Goodwill at 8/31/16
40.9

 
65.4

 
—

 
106.3

 
10.0

 
116.3

Expenditures for long-lived assets
  including royalty advances
25.9

 
2.6

 
8.5

 
37.0

 
2.8

 
39.8

Long-lived assets at 8/31/16
144.6

 
83.1

 
382.1

 
609.8

 
65.1

 
674.9

Three months ended 
 August 31, 2015
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
67.7

 
$
50.4

 
$
—

 
$
118.1

 
$
73.1

 
$
191.2

Bad debt
0.4

 
(0.0
)
 
—

 
0.4

 
1.1

 
1.5

Depreciation and amortization (2)
7.2

 
3.3

 
4.8

 
15.3

 
2.0

 
17.3

Segment operating income (loss)
(56.0
)
 
(4.3
)
 
(16.5
)
 
(76.8
)
 
(2.7
)
 
(79.5
)
Segment assets at 8/31/15
465.6

 
169.2

 
821.7

 
1,456.5

 
249.6

 
1,706.1

Goodwill at 8/31/15
40.9

 
65.4

 
—

 
106.3

 
9.9

 
116.2

Expenditures for long-lived assets
  including royalty advances
9.8

 
1.7

 
4.7

 
16.2

 
2.0

 
18.2

Long-lived assets at 8/31/15
136.6

 
90.5

 
380.2

 
607.3

 
67.9

 
$
675.2



(1)
Overhead includes all domestic corporate amounts not allocated to segments, including expenses and costs related to the management of corporate assets. Unallocated assets are principally comprised of deferred income taxes and property, plant and equipment related to the Company’s headquarters in the metropolitan New York area, its fulfillment and distribution facilities located in Missouri and its facility located in Connecticut.

(2)
Includes depreciation of property, plant and equipment and amortization of intangible assets and prepublication and production costs.