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Goodwill and Other Intangibles (Tables)
 12 Months Ended
May 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table summarizes the activity in Goodwill for the fiscal years ended May 31: 
 20252024
Gross beginning balance$172.4 $172.3 
Accumulated impairment(39.6)(39.6)
Beginning balance$132.8 $132.7 
Additions (1)
64.2 — 
Foreign currency translation1.9 0.1 
Gross ending balance238.5 172.4 
Accumulated impairment(39.6)(39.6)
Ending balance$198.9 $132.8 
(1) Includes measurement period adjustments for the 9 Story acquisition which reflect a decrease to goodwill of $5.9 resulting from a net increase in the estimated fair value of the net assets acquired. The increase in the estimated fair value of the net assets acquired consisted of a decrease to deferred tax liabilities of $5.3, an increase to operating lease right-of-use assets of $0.3, a decrease to lease liabilities of $0.1, an increase to the property, plant and equipment of $0.1 and a decrease to the purchase price as a result of a working capital adjustment of $0.1.
Schedule of Goodwill by Segment
The following table presents Goodwill by segment as of May 31:

20252024
Children's Book Publishing and Distribution$47.4 $47.1 
Education Solutions75.7 75.7 
Entertainment65.7—
International10.110.0
Total$198.9$132.8
Schedule of finite-lived intangible assets for the fiscal years ended May 31: 
 20252024
Other intangibles subject to amortization - beginning balance$8.2 $7.8 
Additions85.3 6.0 
Amortization expense(11.2)(2.6)
Foreign currency translation3.5 0.1 
Impairments— (3.1)
Total other intangibles subject to amortization, net of accumulated amortization of $50.3 and $39.1, respectively
$85.8 $8.2 
Total other intangibles not subject to amortization2.1 2.1 
Total other intangibles$87.9 $10.3 
Schedule of future amortization of finite-lived intangible assets
The following table reflects the estimated amortization expense for intangibles for future fiscal years ending May 31: 
2026$11.2 
202711.2 
202810.7 
202910.7 
20308.8 
Thereafter33.2