v3.25.2
Segment Information (Tables)
 3 Months Ended
Aug. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Three months ended August 31, 2025
Children's Book Publishing and DistributionEducation SolutionsEntertainmentInternational
Overhead (1)
Consolidated
Revenues$109.4 $40.1 $13.6 $59.4 $3.1 $225.6 
Cost of goods sold (2)
62.2 19.3 8.1 35.4 (1.5)123.5 
Selling, general and administrative expenses (2)(3)
76.1 39.3 6.4 26.8 28.6 177.2 
Depreciation and amortization5.4 2.7 3.1 1.4 3.7 16.3 
Other segment items (4)
0.8 — — — — 0.8 
Operating income (loss)$(35.1)$(21.2)$(4.0)$(4.2)$(27.7)$(92.2)
Interest income (expense), net (4.5)
Other components of net periodic benefit (cost) (0.3)
Earnings (loss) before income taxes
$(97.0)
Other segment disclosures:
Segment assets$634.7 $211.1 $255.5 $261.0 $592.3 $1,954.6 
Long-lived asset additions1.2 0.1 0.0 3.4 2.7 7.4 
(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. A loss of less than $0.1 was recognized within the Entertainment segment and a loss of $0.1 was recognized within the International segment.
(4) Other segment items include asset impairments and write downs.
Three months ended August 31, 2024
Children's Book Publishing and DistributionEducation SolutionsEntertainmentInternational
Overhead (1)
Consolidated
Revenues$105.4 $55.7 $16.6 $56.8 $2.7 $237.2 
Cost of goods sold (2)
58.9 27.4 8.3 35.3 (1.6)128.3 
Selling, general and administrative expenses (2)(3)
77.5 42.7 6.5 28.3 27.1 182.1 
Depreciation and amortization5.6 2.6 2.3 1.5 3.3 15.3 
Operating income (Loss)
$(36.6)$(17.0)$(0.5)$(8.3)$(26.1)$(88.5)
Interest income (expense), net (3.0)
Other components of net periodic benefit (cost)(0.3)
Earnings (loss) before income taxes
$(91.8)
Other segment disclosures:
Segment assets$604.3 $206.9 $285.8 $249.4 $613.6 $1,960.0 
Long-lived asset additions8.4 — 0.0 2.2 4.0 14.6 
(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 $0.2 was recognized within the Entertainment segment and a loss of less than $0.1 was recognized in the International segment.
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 August 31,
20252024
United States$141.7 $149.7 
International83.9 87.5 
Total Revenues$225.6 $237.2 
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.

August 31, 2025August 31, 2024
United States$412.4 $436.0 
International35.2 33.9 
Total Long-lived assets$447.6 $469.9