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v3.23.2

Segment Information (Tables) | 12 Months Ended
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May 31, 2023
Segment Reporting [Abstract] |
Schedule of segment reporting information by segment | The following tables set forth information for the Company’s segments for the three fiscal years ended May 31:
| 2023 | 2022 | 2021
Revenues |  |  |  |  |  |  |  |  |
Children's Book Publishing and Distribution | $ | 1,038.0 |  |  | $ | 946.5 |  |  | $ | 675.0 |  |
Education Solutions |  | 386.6 |  |  |  | 393.6 |  |  |  | 312.3 |  |
International |  | 279.4 |  |  | 302.8 |  |  | 313.0 |
Total | $ | 1,704.0 |  | $ | 1,642.9 |  | $ | 1,300.3 |
Operating income (loss) |  |  |  |  |  |  |  |  |
Children's Book Publishing and Distribution | $ | 143.4 |  | $ | 115.3 |  | $ | 8.9 |
Education Solutions |  | 58.4 |  |  | 81.8 |  |  | 57.7 |
International |  | (3.6) |  |  | 3.3 |  |  | 21.2 |
Overhead (1) |  | (91.9) |  |  | (103.0) |  |  | (110.5) |
Total | $ | 106.3 |  | $ | 97.4 |  | $ | (22.7) |
Depreciation and amortization (2) |  |  |  |  |  |  |  |  |
Children's Book Publishing and Distribution | $ | 22.9 |  | $ | 24.9 |  | $ | 25.6 |
Education Solutions |  | 20.2 |  |  | 15.1 |  |  | 12.7 |
International |  | 5.1 |  |  | 6.2 |  |  | 6.6 |
Overhead (1) |  | 41.5 |  |  | 45.1 |  |  | 45.4 |
Total | $ | 89.7 |  | $ | 91.3 |  | $ | 90.3 |
Segment assets at May 31 |  |  |  |  |  |  |  |  |
Children's Book Publishing and Distribution | $ | 599.9 |  | $ | 559.4 |  |  | $ | 518.0 |
Education Solutions |  | 290.8 |  |  | 289.4 |  |  | 239.8 |
International |  | 260.0 |  |  | 258.3 |  |  | 302.1 |
Overhead (1) |  | 716.0 |  |  | 833.7 |  |  | 948.4 |
Total | $ | 1,866.7 |  | $ | 1,940.8 |  | $ | 2,008.3 |
(1) Overhead includes all domestic corporate amounts not allocated to segments, including expenses and costs related to the management of corporate assets.
(2) Includes depreciation of property, plant and equipment, amortization of intangible assets and prepublication, deferred financing and cloud computing 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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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