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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Cash flows - operating activities:    
Net income (loss) $ 44.1 $ (4.7)
Adjustments to reconcile Net income (loss) to net cash provided by (used in) operating activities:    
Provision for losses on accounts receivable 5.8 3.5
Provision for losses on inventory 9.0 6.4
Provision for losses on royalty advances 1.7 2.8
Amortization of prepublication costs 13.5 12.7
Depreciation and amortization 32.9 33.4
Amortization of pension and postretirement plans (0.0) (0.1)
Deferred income taxes (0.5) (0.6)
Stock-based compensation 4.5 3.7
Income from equity-method investments 1.6 5.4
(Gain) loss on sale of assets 6.2 6.6
Changes in assets and liabilities, net of amounts acquired:    
Accounts receivable (124.6) (63.0)
Inventories (23.0) (36.6)
Prepaid expenses and other current assets (17.9) (7.9)
Income tax receivable 76.2 (1.8)
Royalty advances (10.6) (5.8)
Accounts payable 44.7 11.1
Accrued income taxes 1.8 1.5
Accrued royalties 19.1 21.4
Deferred revenue 94.0 33.0
Other, net (21.3) 23.1
Net cash provided by (used in) operating activities 141.6 20.1
Cash flows - investing activities:    
Prepublication expenditures (8.7) (10.2)
Additions to property, plant and equipment (18.8) (26.2)
Net proceeds from sale of assets 10.4 12.3
Net cash provided by (used in) investing activities (17.2) (24.1)
Cash flows - financing activities:    
Borrowings under lines of credit, credit agreement and revolving loan (1.8) (2.1)
Repayments of lines of credit, credit agreement and revolving loan 177.0 26.9
Repayment of capital lease obligations (1.1) (1.2)
Reacquisition of common stock (4.2) 0.0
Proceeds pursuant to stock-based compensation plans 3.0 0.0
Payment of dividends (10.3) (10.3)
Other (0.1) 0.1
Net cash provided by (used in) financing activities (187.9) (36.2)
Effect of exchange rate changes on cash and cash equivalents (2.3) 3.0
Net increase (decrease) in cash and cash equivalents (65.8) (37.2)
Cash and cash equivalents at beginning of period 366.5 393.8
Cash and cash equivalents at end of period 300.7 356.6
Payments for (Proceeds from) Other Investing Activities $ 0.1 $ 0.0