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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2025
May 31, 2024
Current Assets:    
Cash and cash equivalents $ 124.0 $ 113.7
Accounts receivable, net 273.4 235.0
Inventories, net 250.2 264.2
Income tax receivable 8.8 15.2
Tax credit receivable 21.0 0.0
Prepaid expenses and other current assets 47.9 48.8
Total current assets 725.3 676.9
Noncurrent Assets:    
Property, plant and equipment, net 516.3 511.9
Prepublication costs, net 49.7 49.5
Investment in film and television programs, net 42.1 0.0
Operating lease right-of-use assets, net 103.9 99.1
Royalty advances, net 78.1 57.8
Goodwill 198.9 132.8
Other intangible assets, net 87.9 10.3
Noncurrent deferred income taxes 34.7 23.1
Other assets and deferred charges 113.2 109.8
Total noncurrent assets 1,224.8 994.3
Total assets 1,950.1 1,671.2
Current Liabilities:    
Lines of credit and current portion of long-term debt 6.2 6.0
Film related obligations 18.3 0.0
Accounts payable 157.3 138.5
Accrued royalties 69.1 48.5
Deferred revenue 178.8 161.1
Other accrued expenses 166.2 156.3
Accrued income taxes 3.7 1.9
Operating lease liabilities 26.8 22.4
Total current liabilities 626.4 534.7
Noncurrent Liabilities:    
Long-term debt 250.0 0.0
Operating lease liabilities 91.5 89.2
Other noncurrent liabilities 35.7 29.2
Total noncurrent liabilities 377.2 118.4
Commitments and Contingencies: 0.0 0.0
Stockholders’ Equity:    
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none 0.0 0.0
Additional paid-in capital 607.1 604.6
Accumulated other comprehensive income (loss) (41.5) (52.5)
Retained earnings 999.7 1,023.7
Treasury stock at cost: 18.7 and 15.5 shares, respectively (619.2) (558.1)
Total stockholders’ equity 946.5 1,018.1
Total liabilities and stockholders’ equity 1,950.1 1,671.2
Class A Stock    
Stockholders’ Equity:    
Common Stock 0.0 0.0
Common Stock    
Stockholders’ Equity:    
Common Stock $ 0.4 $ 0.4