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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 30, 2016
May 31, 2016
Nov. 30, 2015
Current Assets:      
Cash and cash equivalents $ 442.9 $ 399.7 $ 360.9
Restricted cash held in escrow 0.0 9.9 24.7
Accounts receivable, net 281.6 196.3 252.2
Inventories, net 348.3 271.2 332.0
Deferred income taxes     81.2
Prepaid expenses and other current assets 59.8 72.5 59.1
Current assets of discontinued operations 0.4 0.5 0.6
Total current assets 1,133.0 950.1 1,110.7
Property, plant and equipment, net 446.1 437.6 438.9
Prepublication costs 42.7 41.8 48.9
Royalty advances, net 43.0 44.0 41.7
Goodwill 116.2 116.2 116.2
Noncurrent deferred income taxes 69.0 68.5 5.6
Other assets and deferred charges 57.5 54.9 61.2
Total noncurrent assets 774.5 763.0 712.5
Total assets 1,907.5 1,713.1 1,823.2
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 7.3 6.3 12.0
Accounts payable 216.4 138.2 207.8
Accrued royalties 71.4 31.6 36.9
Deferred revenue 81.9 23.5 74.7
Other accrued expenses 178.3 175.9 162.9
Accrued income taxes 4.0 1.6 3.5
Current liabilities of discontinued operations 0.1 1.2 1.6
Total current liabilities 559.4 378.3 499.4
Noncurrent Liabilities:      
Other noncurrent liabilities 72.9 77.2 75.7
Total noncurrent liabilities 72.9 77.2 75.7
Commitments and Contingencies
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 602.1 600.7 600.7
Accumulated other comprehensive income (loss) (92.3) (86.7) (83.7)
Retained earnings 1,077.7 1,059.8 1,045.1
Treasury stock at cost (312.7) (316.6) (314.4)
Total stockholders’ equity 1,275.2 1,257.6 1,248.1
Total liabilities and stockholders’ equity 1,907.5 1,713.1 1,823.2
Common Class A      
Stockholders’ Equity:      
Common Stock, value $ 0.0 $ 0.0 $ 0.0