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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Aug. 31, 2014
May 31, 2014
Aug. 31, 2013
Current Assets:      
Cash and cash equivalents $ 15.4 $ 20.9 $ 15.8
Accounts receivable, net 239.1 253.3 211.6
Inventories, net 390.5 272.7 374.6
Deferred income taxes 81.0 81.0 79.2
Prepaid expenses and other current assets 98.0 35.1 107.1
Current assets of discontinued operations 0.4 0.4 0.4
Total current assets 824.4 663.4 788.7
Property, plant and equipment, net 461.1 467.0 302.6
Prepublication costs 141.9 143.1 148.9
Royalty advances, net 39.4 38.5 37.9
Production costs 4.8 4.5 2.3
Goodwill 144.5 144.5 157.9
Other intangibles 12.2 12.2 14.0
Noncurrent deferred income taxes 4.4 4.1 14.7
Other assets and deferred charges 48.1 51.2 39.4
Total assets 1,680.8 1,528.5 1,506.4
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 13.9 15.8 29.2
Capital lease obligations 0 0 0.1
Accounts payable 232.7 145.3 207.3
Accrued royalties 47.4 34.1 45.5
Deferred revenue 87.7 48.7 81.9
Other accrued expenses 158.0 184.7 160.0
Current liabilities of discontinued operations 1.1 1.1 1.3
Total current liabilities 540.8 429.7 525.3
Noncurrent Liabilities:      
Long-term debt 185.0 120.0 0
Capital lease obligations 0 0 57.7
Other noncurrent liabilities 62.3 63.4 95.5
Total noncurrent liabilities 247.3 183.4 153.2
Commitments and Contingencies 0 0 0
Stockholders’ Equity:      
Preferred Stock, $1.00 par value 0 0 0
Common Stock, value 0.4 0.4 0.4
Additional paid-in capital 582.3 580.8 581.2
Accumulated other comprehensive income (loss) (54.2) (55.2) (70.2)
Retained earnings 726.1 765.1 705.3
Treasury stock at cost (361.9) (375.7) (388.8)
Total stockholders’ equity 892.7 915.4 827.9
Total liabilities and stockholders’ equity 1,680.8 1,528.5 1,506.4
Common Class A
     
Stockholders’ Equity:      
Common Stock, value $ 0 $ 0 $ 0