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v3.19.1

Segment Information (Tables) | 9 Months Ended
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Feb. 28, 2019
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
| Children’s Book Publishing & Distribution |  | Education |  | Overhead (1) |  | Total Domestic |  | International |  | Total
Three months ended February 28, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 218.0 |  |  | $ | 60.3 |  |  | $ | — |  |  | $ | 278.3 |  |  | $ | 81.8 |  |  | $ | 360.1 |
Bad debt expense | 0.8 |  |  | 0.5 |  |  | — |  |  | 1.3 |  |  | 0.3 |  |  | 1.6 |
Depreciation and amortization (2) | 5.9 |  |  | 2.6 |  |  | 10.4 |  |  | 18.9 |  |  | 1.6 |  |  | 20.5 |
Asset impairments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Segment operating income (loss) | 4.4 |  |  | 0.3 |  |  | (23.1 | ) |  | (18.4 | ) |  | (3.0 | ) |  | (21.4 | )
Expenditures for other noncurrent assets (4) | 17.3 |  |  | 5.5 |  |  | 15.3 |  |  | 38.1 |  |  | 2.7 |  |  | 40.8 |
Three months ended February 28, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 201.6 |  |  | $ | 59.5 |  |  | $ | — |  |  | $ | 261.1 |  |  | $ | 83.6 |  |  | $ | 344.7 |
Bad debt expense | 0.7 |  |  | 0.4 |  |  | — |  |  | 1.1 |  |  | 0.6 |  |  | 1.7 |
Depreciation and amortization (2) | 5.8 |  |  | 1.9 |  |  | 7.5 |  |  | 15.2 |  |  | 1.8 |  |  | 17.0 |
Asset impairments (3) | — |  |  | — |  |  | 4.3 |  |  | 4.3 |  |  | — |  |  | 4.3 |
Segment operating income (loss) | (1.0 | ) |  | (0.1 | ) |  | (23.3 | ) |  | (24.4 | ) |  | 0.7 |  |  | (23.7 | )
Expenditures for other noncurrent assets (4) | 17.7 |  |  | 4.5 |  |  | 29.7 |  |  | 51.9 |  |  | 5.7 |  |  | 57.6 |
| Children’s Book Publishing & Distribution |  | Education |  | Overhead (1) |  | Total Domestic |  | International |  | Total
Nine months ended February 28, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 731.6 |  |  | $ | 179.7 |  |  | $ | — |  |  | $ | 911.3 |  |  | $ | 271.9 |  |  | $ | 1,183.2 |
Bad debt expense | 3.2 |  |  | 1.2 |  |  | — |  |  | 4.4 |  |  | 1.3 |  |  | 5.7 |
Depreciation and amortization (2) | 17.5 |  |  | 6.7 |  |  | 31.1 |  |  | 55.3 |  |  | 5.0 |  |  | 60.3 |
Asset impairments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Segment operating income (loss) | 64.7 |  |  | (6.3 | ) |  | (73.4 | ) |  | (15.0 | ) |  | 8.0 |  |  | (7.0 | )
Segment assets at February 28, 2019 | 585.2 |  |  | 173.6 |  |  | 977.9 |  |  | 1,736.7 |  |  | 286.4 |  |  | 2,023.1 |
Goodwill at February 28, 2019 | 40.9 |  |  | 68.2 |  |  | — |  |  | 109.1 |  |  | 10.0 |  |  | 119.1 |
Expenditures for other noncurrent assets (4) | 48.3 |  |  | 15.6 |  |  | 55.9 |  |  | 119.8 |  |  | 10.1 |  |  | 129.9 |
Other noncurrent assets at February 28, 2019 (4) | 170.4 |  |  | 112.3 |  |  | 502.8 |  |  | 785.5 |  |  | 80.3 |  |  | 865.8 |
Nine months ended February 28, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 684.2 |  |  | $ | 171.4 |  |  | $ | — |  |  | $ | 855.6 |  |  | $ | 276.6 |  |  | $ | 1,132.2 |
Bad debt expense | 3.4 |  |  | 1.4 |  |  | — |  |  | 4.8 |  |  | 3.1 |  |  | 7.9 |
Depreciation and amortization (2) | 17.0 |  |  | 5.4 |  |  | 20.7 |  |  | 43.1 |  |  | 5.2 |  |  | 48.3 |
Asset impairments (3) | — |  |  | — |  |  | 11.0 |  |  | 11.0 |  |  | — |  |  | 11.0 |
Segment operating income (loss) | 55.1 |  |  | (8.7 | ) |  | (77.3 | ) |  | (30.9 | ) |  | 12.6 |  |  | (18.3 | )
Segment assets at February 28, 2018 | 503.7 |  |  | 170.2 |  |  | 886.1 |  |  | 1,560.0 |  |  | 273.7 |  |  | 1,833.7 |
Goodwill at February 28, 2018 | 40.9 |  |  | 68.2 |  |  | — |  |  | 109.1 |  |  | 10.0 |  |  | 119.1 |
Expenditures for other noncurrent assets (4) | 45.9 |  |  | 11.5 |  |  | 78.4 |  |  | 135.8 |  |  | 10.7 |  |  | 146.5 |
Other noncurrent assets at February 28, 2018 (4) | 155.2 |  |  | 96.5 |  |  | 466.5 |  |  | 718.2 |  |  | 75.5 |  |  | 793.7 |
(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, its facility located in Connecticut and certain technology assets.
(2) | Includes depreciation of property, plant and equipment and amortization of intangible assets and prepublication and production costs.
(3) | Impairment charges of $4.3 and $11.0 for the three and nine months ended February 28, 2018, respectively, relate to the prior fiscal year abandonment of legacy building improvements in connection with the Company's renovation of its headquarters in New York City.
(4) | Other noncurrent assets include property, plant and equipment, prepublication assets, production assets, royalty advances, goodwill, intangible assets and investments. Expenditures for other noncurrent assets for the International reportable segment include expenditures for long-lived assets of $1.5 and $3.6 for the three months ended February 28, 2019 and February 28, 2018, respectively, and $5.9 and $6.6 for the nine months ended February 28, 2019 and February 28, 2018, respectively. Other noncurrent assets for the International reportable segment include long-lived assets of $36.3 and $35.8 as of February 28, 2019 and February 28, 2018, respectively.

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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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