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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Cash flows - operating activities:    
Net income (loss) $ 28.3 $ 15.5
Earnings (loss) from discontinued operations, net of tax (0.1) (0.8)
Earnings (loss) from continuing operations 28.4 16.3
Adjustments to reconcile earnings (loss) from continuing operations to net cash provided by (used in) operating activities of continuing operations:    
Provision for losses on accounts receivable 7.7 5.8
Provision for losses on inventory 7.4 9.1
Provision for losses on royalty advances 2.2 1.7
Amortization of prepublication and production costs 11.7 13.8
Depreciation and amortization 19.3 21.3
Amortization of pension and post-retirement actuarial gains and losses 2.1 2.2
Deferred income taxes (0.6) 0.3
Stock-based compensation 7.1 6.5
Income from equity investments (4.9) (2.4)
(Gain) loss on investments 0.0 (2.2)
Changes in assets and liabilities, net of amounts acquired:    
Accounts receivable (96.6) (68.7)
Inventories (87.7) (86.1)
Prepaid expenses and other current assets 7.4 (19.3)
Deferred promotion costs (3.1) (3.4)
Royalty advances (1.6) (4.4)
Accounts payable 76.1 46.1
Other accrued expenses 3.6 (9.5)
Accrued income taxes 2.5 (150.9)
Accrued royalties 40.4 10.5
Deferred revenue 58.5 53.5
Pension and post-retirement liabilities (3.1) (2.6)
Other noncurrent liabilities (1.4) (1.8)
Other, net (0.1) (3.0)
Total adjustments 46.9 (183.5)
Net cash provided by (used in) operating activities of continuing operations 75.3 (167.2)
Net cash provided by (used in) operating activities of discontinued operations (1.1) (10.8)
Net cash provided by (used in) operating activities 74.2 (178.0)
Cash flows - investing activities:    
Prepublication and production expenditures (13.0) (11.4)
Additions to property, plant and equipment (19.5) (12.0)
Other investment and acquisition-related payments (0.4) (3.7)
Proceeds from the sale of investments 0.0 3.3
Net cash provided by (used in) investing activities of continuing operations (32.9) (23.8)
Changes in restricted cash held in escrow for discontinued assets 9.9 9.8
Net cash provided by (used in) investing activities (23.0) (14.0)
Cash flows - financing activities:    
Borrowings under lines of credit 24.8 32.5
Repayments of lines of credit (22.6) (26.2)
Repayment of capital lease obligations (0.6) (0.3)
Reacquisition of common stock (6.0) 0.0
Proceeds pursuant to stock-based compensation plans 7.6 33.7
Payment of dividends (10.4) (10.2)
Net collections (remittances) under transition services agreement 0.3 12.9
Other (0.7) 4.4
Net cash provided by (used in) financing activities (7.6) 46.8
Effect of exchange rate changes on cash and cash equivalents (0.4) (0.7)
Net increase (decrease) in cash and cash equivalents 43.2 (145.9)
Cash and cash equivalents at beginning of period 399.7 506.8
Cash and cash equivalents at end of period $ 442.9 $ 360.9