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| Equity Method And Cost Method Investments [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment | INVESTMENTS Investments are included in Other assets and deferred charges on the Condensed Consolidated Balance Sheets. The following table summarizes the Company’s investments as of the dates indicated:
The Company has a 4.6% ownership interest in a financing and production company that makes film, television, and digital programming designed for the youth market. This equity investment does not have a readily determinable fair value and the Company has elected to apply the measurement alternative and report the investment at cost, less impairment on the Company's Condensed Consolidated Balance Sheets. During fiscal 2026, the Company received a $0.3 return of capital related to this investment, which reduced the carrying value to $5.7 as of May 31, 2026. The Company also has a 50% ownership interest in certain animated television production companies which is accounted for using the equity method of accounting. These investments are included in the Entertainment segment. The Company previously held a 26.2% equity interest in a children’s book publishing business located in the UK that was accounted for using the equity method of accounting. Equity method income was reported within the International segment. The investment was sold on May 19, 2026. The Company previously held a 12% ownership interest in a children's book publishing business located in the UK, which was accounted for using the cost method of accounting and included in the Entertainment segment. During the second quarter of fiscal 2026, the Company determined this investment was not recoverable and recognized an impairment charge for the carrying value of $0.3. Income (loss) from equity investments is reported in Selling, general and administrative expenses in the Condensed Consolidated Statements of Operations. For the three months ended August 31, 2025, the Company recognized a loss of $0.1. The Company did not receive any dividends in the three months ended August 31, 2026 and August 31, 2025.
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