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Property, Plant and Equipment | 12 Months Ended
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May 31, 2020
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | PROPERTY, PLANT AND EQUIPMENT The following table summarizes the major classes of assets at cost and accumulated depreciation for the fiscal years ended May 31:
| 2020 |  | 2019
Land | $ | 82.5 |  |  | $ | 79.1 |
Buildings |  | 246.7 |  |  |  | 239.1 |
Capitalized software |  | 189.5 |  |  |  | 158.9 |
Furniture, fixtures and equipment |  | 217.0 |  |  |  | 213.4 |
Building and leasehold improvements |  | 212.2 |  |  |  | 211.0 |
Construction in progress |  | 49.0 |  |  |  | 46.8 |
Total at cost | $ | 996.9 |  |  | $ | 948.3 |
Less: Accumulated depreciation and amortization |  | (420.0 | ) |  |  | (370.6 | )
Property, plant and equipment, net | $ | 576.9 |  |  | $ | 577.7 |
Depreciation and amortization expense related to property, plant, and equipment was $60.5, $56.2 and $41.8 for the fiscal years ended May 31, 2020, 2019 and 2018, respectively. In fiscal 2020, the Company recognized a pretax impairment charge of $0.6 related to an outdated technology platform in Canada. In fiscal 2019, the Company recognized pretax impairment charges of $0.9 related to the abandonment of legacy building improvements. In fiscal 2018 the Company recognized pretax impairment charges of $11.0 related to the abandonment of legacy building improvements and an impairment of $0.2 related to book fairs trucks. Assets Held For Sale The Company committed to a plan to sell the company-owned facility located in Danbury, Connecticut to relocate the book fairs warehousing and distribution operations conducted in Danbury to a warehouse in Allentown, Pennsylvania. This asset is included in the Overhead segment. The Company also committed to a plan to sell the UK distribution centers located in Witney and Southam to consolidate the operations into a new facility in Warwickshire which is currently under construction. These assets are included in the International segment. The Company expects the sale of these facilities to be completed within one year and to recognize a gain on sale. The long-lived assets which consist of land, building, and building improvements are classified as held for sale. These assets are carried at the lower of carrying value or fair value less costs to sell and no additional depreciation is being recognized. As of May 31, 2020, the carrying amounts totaled $8.8.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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