v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 31, 2025
May 31, 2025
Aug. 31, 2024
Current Assets:      
Cash and cash equivalents $ 94.3 $ 124.0 $ 84.1
Accounts receivable, net 187.0 273.4 201.1
Inventories, net 322.2 250.2 310.3
Income tax receivable 35.3 8.8 46.1
Tax credit receivable 19.0 21.0 1.0
Prepaid expenses and other current assets 72.4 47.9 72.5
Total current assets 730.2 725.3 715.1
Noncurrent Assets:      
Property, plant and equipment, net 512.5 516.3 525.4
Prepublication costs, net 48.9 49.7 48.4
Investment in film and television programs, net 44.6 42.1 40.4
Operating lease right-of-use assets, net 97.9 103.9 105.0
Royalty advances, net 81.6 78.1 65.1
Goodwill 199.7 198.9 204.4
Other intangible assets, net 86.6 87.9 94.7
Noncurrent deferred income taxes 34.5 34.7 22.6
Other assets and deferred charges 118.1 113.2 138.9
Total noncurrent assets 1,224.4 1,224.8 1,244.9
Total assets 1,954.6 1,950.1 1,960.0
Current Liabilities:      
Lines of credit and current portion of long-term debt 6.2 6.2 6.1
Film related obligations 14.7 18.3 20.5
Accounts payable 175.8 157.3 184.0
Accrued royalties 86.6 69.1 77.5
Deferred revenue 181.0 178.8 173.9
Other accrued expenses 138.5 166.2 139.1
Accrued income taxes 1.9 3.7 2.1
Operating lease liabilities 26.7 26.8 25.2
Total current liabilities 631.4 626.4 628.4
Noncurrent Liabilities:      
Total long-term debt 325.0 250.0 225.0
Operating lease liabilities 85.3 91.5 90.6
Other noncurrent liabilities 34.9 35.7 58.7
Total noncurrent liabilities 445.2 377.2 374.3
Commitments and Contingencies (see Note 6) 0.0 0.0 0.0
Stockholders’ Equity:      
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none $ 0.0 $ 0.0 $ 0.0
Common stock, shares authorized (in shares) 70,000,000.0 70,000,000.0 70,000,000.0
Additional paid-in capital $ 607.9 $ 607.1 $ 606.3
Accumulated other comprehensive income (loss) (37.7) (41.5) (44.1)
Retained earnings 923.5 999.7 955.6
Treasury stock, at cost: 18.6, 18.7 and 15.6 shares, respectively (616.1) (619.2) (560.9)
Total stockholders’ equity 878.0 946.5 957.3
Total liabilities and stockholders’ equity $ 1,954.6 $ 1,950.1 $ 1,960.0
Common stock, shares issued (in shares) 42,900,000 42,900,000 42,900,000
Common Class A      
Stockholders’ Equity:      
Common stock, shares authorized (in shares) 3,200,000 3,200,000 3,200,000
Common Stock, value $ 0.0 $ 0.0 $ 0.0
Common stock, shares issued (in shares) 800,000 800,000 800,000
Common Class      
Stockholders’ Equity:      
Common Stock, value $ 0.4 $ 0.4 $ 0.4