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Segment Information (Tables)

9 Months Ended

Feb. 28, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Three months ended February 28, 2026
						Children's Book Publishing and Distribution						Education Solutions						Entertainment						International						Overhead (1)						Consolidated
Revenues			$			197.6			$			56.1			$			16.0			$			58.7			$			0.7			$			329.1
Cost of goods sold (2)						83.7						23.2						9.3						35.3						(1.2)						150.3
Selling, general and administrative expenses (2)(3)						99.4						35.2						7.1						26.8						24.3						192.8
Depreciation and amortization						5.6						2.9						3.1						1.3						—						12.9
Operating income (loss)			$			8.9			$			(5.2)			$			(3.5)			$			(4.7)			$			(22.4)			$			(26.9)
Interest income (expense), net																																				(0.8)
Other components of net periodic benefit (cost)																																				(0.3)
Gain on sale and leaseback transactions																																				119.8
Earnings (loss) before income taxes																																	$			91.8
Other segment disclosures:
Segment assets			$			630.4			$			213.9			$			249.7			$			259.8			$			427.0			$			1,780.8
Long-lived asset additions						2.8						—						0.5						3.9						2.7						9.9
(1) Overhead includes all domestic corporate amounts not allocated to segments, including expenses and costs related to the management of corporate assets and 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. (2) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (3) Selling, general and administrative expenses includes equity in the net income (loss) of investees accounted for by the equity method. Income of less than $0.1 and $0.1 was recognized within the Entertainment and International segments, respectively.
Three months ended February 28, 2025
						Children's Book Publishing and Distribution						Education Solutions						Entertainment						International						Overhead (1)						Consolidated
Revenues			$			203.3			$			57.2			$			12.8			$			59.3			$			2.8			$			335.4
Cost of goods sold (2)						92.0						23.0						7.2						33.8						(1.4)						154.6
Selling, general and administrative expenses (2)(3)						98.0						38.4						6.0						26.2						18.9						187.5
Depreciation and amortization						5.7						2.7						3.2						1.4						3.9						16.9
Other segment items (4)						—						—						0.3						—						—						0.3
Operating income (Loss)			$			7.6			$			(6.9)			$			(3.9)			$			(2.1)			$			(18.6)			$			(23.9)
Interest income (expense), net																																				(4.3)
Other components of net periodic benefit (cost)																																				(0.2)
Earnings (loss) before income taxes																																	$			(28.4)
Other segment disclosures:
Segment assets			$			635.8			$			213.4			$			246.3			$			244.2			$			621.6			$			1,961.3
Long-lived asset additions						0.4						0.4						0.0						0.5						3.2						4.5
(1) Overhead includes all domestic corporate amounts not allocated to segments, including expenses and costs related to the management of corporate assets and rental income related to leased space in the Company's headquarters. (2) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (3) Selling, general and administrative expenses includes equity in the net income (loss) of investees accounted for by the equity method. Income of $0.1 and loss of $0.1 was recognized in the Entertainment and International segments, respectively. (4) Other segment items include asset impairments and write downs.

Revenue from External Customers by Geographic Areas

The following table presents geographic information for revenues for the periods indicated. Revenues are attributed to locations based on the origin of sale.

			Three months ended February 28,																		Nine months ended February 28,
						2026									2025									2026									2025
United States			$			249.2						$			255.8						$			831.5						$			836.1
International						79.9									79.6									274.3									281.1
Total Revenues			$			329.1						$			335.4						$			1,105.8						$			1,117.2

Long-Lived Assets by Geographic Areas

The following table presents geographic information for long-lived assets as of the dates indicated. Long-lived assets consist of property, plant and equipment, net, excluding capitalized software.

			February 28, 2026									February 28, 2025
United States			$			99.2						$			428.9
International						38.5									31.7
Total Long-lived assets			$			137.7						$			460.6

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- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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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.

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