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v3.19.2

Segment Information (Tables) | 12 Months Ended
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May 31, 2019
Segment Reporting [Abstract] |
Schedule of segment reporting information by segment | The following table sets forth information for the Company’s segments for the three fiscal years ended May 31:
| Children's Book Publishing & Distribution |  | Education |  | Overhead (1) |  | Total Domestic |  | International |  | Total
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 990.3 |  |  | $ | 297.4 |  |  | $ | — |  |  | $ | 1,287.7 |  |  | $ | 366.2 |  |  | $ | 1,653.9 |
Bad debts | 3.8 |  |  | 1.4 |  |  | — |  |  | 5.2 |  |  | 1.8 |  |  | 7.0 |
Depreciation and amortization(2) | 23.7 |  |  | 9.5 |  |  | 41.7 |  |  | 74.9 |  |  | 6.8 |  |  | 81.7 |
Asset impairments | — |  |  | — |  |  | 0.9 |  |  | 0.9 |  |  | — |  |  | 0.9 |
Segment operating income (loss) | 82.9 |  |  | 30.6 |  |  | (102.3 | ) |  | 11.2 |  |  | 13.8 |  |  | 25.0 |
Segment assets at May 31, 2019 | 523.4 |  |  | 214.7 |  |  | 887.6 |  |  | 1,625.7 |  |  | 252.8 |  |  | 1,878.5 |
Goodwill at May 31, 2019 | 47.0 |  |  | 68.2 |  |  | — |  |  | 115.2 |  |  | 10.0 |  |  | 125.2 |
Expenditures for other non-current assets(3) | 75.2 |  |  | 22.6 |  |  | 77.6 |  |  | 175.4 |  |  | 13.5 |  |  | 188.9 |
Other non-current assets at May 31, 2019(3) | 175.0 |  |  | 116.3 |  |  | 507.7 |  |  | 799.0 |  |  | 65.3 |  |  | 864.3 |
2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 970.2 |  |  | $ | 288.6 |  |  | $ | — |  |  | $ | 1,258.8 |  |  | $ | 369.6 |  |  | $ | 1,628.4 |
Bad debts | 4.4 |  |  | 1.4 |  |  | — |  |  | 5.8 |  |  | 3.7 |  |  | 9.5 |
Depreciation and amortization(2) | 23.3 |  |  | 7.4 |  |  | 29.1 |  |  | 59.8 |  |  | 6.2 |  |  | 66.0 |
Asset impairments | 0.2 |  |  | — |  |  | 11.0 |  |  | 11.2 |  |  | — |  |  | 11.2 |
Segment operating income (loss) | 105.8 |  |  | 33.9 |  |  | (101.8 | ) |  | 37.9 |  |  | 17.7 |  |  | 55.6 |
Segment assets at May 31, 2018 | 434.8 |  |  | 202.4 |  |  | 927.9 |  |  | 1,565.1 |  |  | 260.3 |  |  | 1,825.4 |
Goodwill at May 31, 2018 | 40.9 |  |  | 68.3 |  |  | — |  |  | 109.2 |  |  | 10.0 |  |  | 119.2 |
Expenditures for other non-current assets(3) | 58.6 |  |  | 19.2 |  |  | 104.5 |  |  | 182.3 |  |  | 15.3 |  |  | 197.6 |
Other non-current assets at May 31, 2018(3) | 151.2 |  |  | 101.8 |  |  | 492.7 |  |  | 745.7 |  |  | 74.3 |  |  | 820.0 |
2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 1,061.2 |  |  | $ | 303.6 |  |  | $ | — |  |  | $ | 1,364.8 |  |  | $ | 376.8 |  |  | $ | 1,741.6 |
Bad debts | 4.2 |  |  | 1.1 |  |  | — |  |  | 5.3 |  |  | 5.7 |  |  | 11.0 |
Depreciation and amortization(2) | 24.1 |  |  | 6.9 |  |  | 24.0 |  |  | 55.0 |  |  | 7.4 |  |  | 62.4 |
Asset impairments | — |  |  | 1.1 |  |  | 5.7 |  |  | 6.8 |  |  | — |  |  | 6.8 |
Segment operating income (loss) | 143.5 |  |  | 50.3 |  |  | (124.3 | ) |  | 69.5 |  |  | 19.7 |  |  | 89.2 |
Segment assets at May 31, 2017 | 404.5 |  |  | 191.8 |  |  | 922.2 |  |  | 1,518.5 |  |  | 241.5 |  |  | 1,760.0 |
Goodwill at May 31, 2017 | 40.9 |  |  | 68.0 |  |  | — |  |  | 108.9 |  |  | 10.0 |  |  | 118.9 |
Expenditures for other non-current assets(3) | 65.3 |  |  | 20.1 |  |  | 54.5 |  |  | 139.9 |  |  | 11.5 |  |  | 151.4 |
Other non-current assets at May 31, 2017(3) | 143.6 |  |  | 90.5 |  |  | 418.2 |  |  | 652.3 |  |  | 67.1 |  |  | 719.4 |
(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.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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