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Revenues (Tables)
9 Months Ended
Feb. 28, 2026
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 endedNine months ended
February 28,February 28,February 28,February 28,
2026202520262025
Book Clubs - U.S.$14.6 $15.2 $44.9 $51.1 
Book Fairs - U.S.113.3 110.7 389.4 370.5 
Trade - U.S.62.5 68.9 226.6 218.1 
Trade - International (1)
7.2 8.5 27.0 36.0 
Total Children's Book Publishing and Distribution$197.6 $203.3 $687.9 $675.7 
Education Solutions - U.S.$56.1 $57.2 $158.4 $184.1 
Total Education Solutions$56.1 $57.2 $158.4 $184.1 
Entertainment - U.S.$2.0 $1.0 $5.0 $3.9 
Entertainment - International (2)
14.0 11.8 39.7 42.3 
Total Entertainment$16.0 $12.8 $44.7 $46.2 
International - Major Markets (3)
$48.7 $49.7 $175.9 $173.4 
International - Other Markets (4)
10.0 9.6 31.7 29.4 
Total International$58.7 $59.3 $207.6 $202.8 
Overhead (5)
$0.7 $2.8 $7.2 $8.4 
Total Overhead$0.7 $2.8 $7.2 $8.4 
Total Revenues$329.1 $335.4 $1,105.8 $1,117.2 
(1) Primarily includes foreign rights and certain product sales in the UK.
(2) Primarily includes production, distribution and licensing revenues in Canada, Ireland and Indonesia.
(3) Includes Canada, UK, Australia and New Zealand.
(4) Primarily includes markets in Asia.
(5) Overhead includes rental income related to leased space in the Company's headquarters. As a result of the sale and leaseback transactions, the Company no longer owns the leasable space. Refer to Note 4, "Sale and Leaseback Transactions", and Note 12, "Leases", for further details.
Deferred Revenue, by Arrangement, Disclosure
The following table presents further detail regarding the Company's contract liabilities as of the dates indicated:

February 28, 2026May 31, 2025February 28, 2025
Book fairs incentive credits$121.9 $122.1 $116.8 
Magazines+ subscriptions
25.2 3.9 28.1 
U.S. digital subscriptions8.4 11.1 15.3 
U.S. education-related (1)
6.3 7.5 9.5 
Entertainment-related (2)
13.9 8.2 7.3 
Stored value programs32.1 22.4 25.8 
Other (3)
8.8 7.8 7.5 
Total contract liabilities$216.6 $183.0 $210.3 
(1) Primarily relates to contracts with school districts and professional services.
(2) Primarily relates to contracts for film and TV productions and production services.
(3) Primarily relates to contracts for various international products and services.
Accounts Receivable, Allowance for Credit Loss
The following table presents the change in the allowance for credit losses, which is included in Accounts receivable, net on the Condensed Consolidated Balance Sheets:

Allowance for Credit Losses
Balance as of June 1, 2025$11.0 
Provision (benefit)0.7 
Write-offs and other(0.8)
Balance as of August 31, 2025$10.9 
Provision (benefit)3.1 
Write-offs and other(2.3)
Balance as of November 30, 2025$11.7 
Provision (benefit)0.9 
Write-offs and other(1.8)
Balance as of February 28, 2026$10.8