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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
May 31, 2021
May 31, 2020
May 31, 2019
Cash flows - operating activities:      
Net income (loss) $ (11.0) $ (43.8) $ 15.6
Adjustments to reconcile Net income (loss) to net cash provided by (used in) operating activities:      
Provision for losses on accounts receivable 5.2 15.6 7.0
Provision for losses on inventory 36.6 34.3 20.8
Provision for losses on royalty advances 5.4 8.1 6.8
Amortization of prepublication costs 25.4 26.2 22.4
Depreciation and amortization 64.9 64.0 59.3
Amortization of pension and postretirement plans 0.0 0.8 0.7
Deferred income taxes (8.0) 17.9 3.3
Stock-based compensation 6.6 3.8 8.3
Income from equity investments 7.4 3.2 5.9
Non cash write off related to asset impairments and write downs 11.1 40.6 0.9
(Gain) loss on sale of assets and other 10.4 0.0 (1.0)
Changes in assets and liabilities, net of amounts acquired:      
Accounts receivable (14.6) (7.0) (11.9)
Inventories (26.2) (20.8) (49.8)
Income tax receivable 1.4 (79.8) 7.4
Prepaid expenses and other current assets (3.5) 0.9 8.1
Royalty advances (8.5) (2.6) (9.8)
Accounts payable (17.9) (33.6) 11.8
Accrued income taxes 1.3 0.1 (0.9)
Accrued royalties 6.2 (3.8) 7.9
Deferred revenue (19.5) (13.8) 20.1
Other accrued expenses 36.5 (11.7) (19.6)
Other, net (2.6) 9.9 12.9
Net cash provided by (used in) operating activities 71.0 2.1 116.4
Cash flows - investing activities:      
Prepublication expenditures (20.7) (28.5) (38.1)
Additions to property, plant and equipment (47.2) (62.7) (95.0)
Proceeds from sale of assets 17.4 0.0 0.0
Land acquisition 0.0 3.3 0.0
Other investment and acquisition-related payments 0.0 (1.2) (14.2)
Net cash provided by (used in) investing activities (50.5) (95.7) (147.3)
Cash flows - financing activities:      
Borrowings under lines of credit, credit agreement and revolving loan 4.0 234.2 58.8
Repayments of lines of credit, credit agreement and revolving loan (33.9) (26.7) (60.1)
Repayment of capital lease obligations (2.3) (2.0) (1.6)
Reacquisition of common stock 0.0 (35.5) (8.5)
Proceeds pursuant to stock-based compensation plans 0.4 0.7 6.0
Payment of dividends (20.6) (20.8) (21.1)
Other, net 0.1 4.2 0.8
Net cash provided by (used in) financing activities (52.3) 154.1 (25.7)
Effect of exchange rate changes on cash and cash equivalents 4.5 (0.8) (1.2)
Net increase (decrease) in cash and cash equivalents (27.3) 59.7 (57.8)
Cash and cash equivalents at beginning of period 393.8 334.1 391.9
Cash and cash equivalents at end of period 366.5 393.8 334.1
Supplemental Information:      
Income tax payments (refunds) 1.3 7.2 2.5
Interest paid 5.4 1.5 1.3
Non cash: Property, plant and equipment additions accrued in accounts payable $ 0.8 $ 2.5 $ 6.1