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v3.23.1

Revenues (Tables) | 9 Months Ended
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Feb. 28, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents the Company’s segment revenues disaggregated by region and domestic channel:
| Three months ended | Nine months ended
| February 28, | February 28,
| 2023 | 2022 | 2023 | 2022
Book Clubs - U.S. | $ | 27.7 |  |  | $ | 40.5 |  |  | $ | 91.6 |  |  | $ | 99.2 |  |
Book Fairs - U.S. |  | 103.5 |  |  |  | 76.0 |  |  |  | 372.6 |  |  |  | 268.2 |  |
Trade - U.S. |  | 64.8 |  |  |  | 77.1 |  |  |  | 248.9 |  |  |  | 266.6 |  |
Trade - International(1) |  | 8.0 |  |  |  | 7.4 |  |  |  | 33.9 |  |  |  | 35.3 |  |
Total Children's Book Publishing and Distribution | $ | 204.0 |  |  | $ | 201.0 |  |  | $ | 747.0 |  |  | $ | 669.3 |  |
Education Solutions - U.S. | $ | 70.0 |  |  | $ | 77.2 |  |  | $ | 223.2 |  |  | $ | 236.8 |  |
Total Education Solutions | $ | 70.0 |  |  | $ | 77.2 |  |  | $ | 223.2 |  |  | $ | 236.8 |  |
International - Major Markets(2) | $ | 41.3 |  |  | $ | 48.8 |  |  | $ | 171.8 |  |  | $ | 175.1 |  |
International - Other Markets(3) |  | 9.6 |  |  |  | 17.5 |  |  |  | 33.7 |  |  |  | 47.3 |  |
Total International | $ | 50.9 |  |  | $ | 66.3 |  |  | $ | 205.5 |  |  | $ | 222.4 |  |
Total Revenues | $ | 324.9 |  |  | $ | 344.5 |  |  | $ | 1,175.7 |  |  | $ | 1,128.5 |  |
(1) Primarily includes foreign rights and certain product sales in the UK. (2) Includes Canada, UK, Australia and New Zealand. (3) Primarily includes markets in Asia.
Deferred Revenue, by Arrangement, Disclosure | The following table presents further detail regarding the Company's deferred revenue balance as of the dates indicated:
| February 28, 2023 | May 31, 2022 | February 28, 2022
Book fairs incentive credits | $ | 105.2 |  |  | $ | 100.1 |  |  | $ | 82.7 |  |
Magazines+ subscriptions |  | 30.7 |  |  |  | 4.5 |  |  |  | 30.4 |  |
U.S. digital subscriptions |  | 25.2 |  |  |  | 19.5 |  |  |  | 18.2 |  |
U.S. education-related(1) |  | 13.5 |  |  |  | 13.6 |  |  |  | 12.5 |  |
Media-related |  | 4.4 |  |  |  | 15.8 |  |  |  | 11.6 |  |
Stored value cards |  | 14.8 |  |  |  | 9.4 |  |  |  | 8.8 |  |
Other(2) |  | 9.2 |  |  |  | 9.9 |  |  |  | 12.6 |  |
Total deferred revenue | $ | 203.0 |  |  | $ | 172.8 |  |  | $ | 176.8 |  |
(1) Primarily includes deferred revenue related to contracts with school districts and professional services. (2) Primarily includes deferred revenue related to various international products and services.

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