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Segment Information
 3 Months Ended
Aug. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure
Segment Information
 
The Company categorizes its businesses into five reportable segments: Children’s Book Publishing and Distribution; Educational Technology and Services; Classroom and Supplemental Materials Publishing; Media, Licensing and Advertising; and International. This classification reflects the nature of products and services consistent with the method by which the Company’s chief operating decision-maker assesses operating performance and allocates resources.
 
•
Children’s Book Publishing and Distribution operates as an integrated business which includes the publication and distribution of children’s books, media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. This segment is comprised of three operating segments.

•
Educational Technology and Services includes the production and distribution to schools of curriculum-based learning technology and materials for grades pre-kindergarten to 12 in the United States, together with related implementation and assessment services and school consulting services. This segment is comprised of one operating segment.

•
Classroom and Supplemental Materials Publishing includes the publication and distribution to schools and libraries of children’s books, classroom magazines, supplemental classroom materials and print and on-line reference and non-fiction products for grades pre-kindergarten to 12 in the United States. This segment is comprised of two operating segments.

•
Media, Licensing and Advertising includes the production and/or distribution of digital media, consumer promotions and merchandising and advertising revenue, including sponsorship programs. This segment is comprised of two operating segments.

•
International includes the publication and distribution of products and services outside the United States by the Company’s international operations, and its export and foreign rights businesses. This segment is comprised of three operating segments.

 
Children’s
Book
Publishing
and
Distribution
 
Educational
Technology
and
 Services
 
Classroom and
Supplemental
Materials
Publishing
 
Media,
Licensing
and
Advertising
 
Overhead (1)
 
Total
Domestic
 
International
 
Total
Three months ended 
 August 31, 2014
 
 
 

 
 

 
 
 
 
 
 

 
 
 
 

Revenues
$
54.7

 
$
89.4

 
$
42.8

 
$
10.6

 
$
—

 
$
197.5

 
$
86.3

 
$
283.8

Bad debt expense
0.5

 
0.3

 
—

 
0.2

 
—

 
1.0

 
1.2

 
2.2

Depreciation and
  amortization (2)
7.9

 
7.5

 
2.9

 
1.6

 
5.7

 
25.6

 
2.4

 
28.0

Segment operating income (loss)
(60.5
)
 
30.3

 
(0.5
)
 
(3.9
)
 
(16.9
)
 
(51.5
)
 
(1.9
)
 
(53.4
)
Segment assets at 8/31/14
467.2

 
208.3

 
161.8

 
28.7

 
546.7

 
1,412.7

 
267.7

 
1,680.4

Goodwill at 8/31/14
40.9

 
22.7

 
65.4

 
5.4

 
—

 
134.4

 
10.1

 
144.5

Expenditures for long-lived assets including royalty advances
15.8

 
6.0

 
1.7

 
1.8

 
0.9

 
26.2

 
3.1

 
29.3

Long-lived assets at 8/31/14
146.8

 
117.8

 
90.4

 
14.5

 
386.4

 
755.9

 
66.8

 
822.7

Three months ended 
 August 31, 2013
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
54.6

 
$
94.8

 
$
37.8

 
$
10.4

 
$
—

 
$
197.6

 
$
78.7

 
$
276.3

Bad debt expense
0.4

 
0.4

 
—

 
—

 
—

 
0.8

 
0.6

 
$
1.4

Depreciation and
amortization (2)
8.0

 
6.3

 
2.6

 
0.6

 
10.0

 
27.5

 
1.7

 
$
29.2

Segment operating income (loss)
(61.5
)
 
36.2

 
(1.6
)
 
(1.9
)
 
(16.4
)
 
(45.2
)
 
(0.7
)
 
$
(45.9
)
Segment assets at 8/31/13
464.2

 
207.8

 
153.6

 
25.1

 
407.7

 
1,258.4

 
247.6

 
$
1,506.0

Goodwill at 8/31/13
54.3

 
22.7

 
65.4

 
5.4

 
—

 
147.8

 
10.1

 
$
157.9

Expenditures for long-lived assets including royalty advances
11.4

 
8.5

 
2.0

 
1.1

 
5.2

 
28.2

 
2.5

 
$
30.7

Long-lived assets at 8/31/13
163.6

 
118.6

 
90.5

 
12.2

 
236.2

 
621.1

 
64.4

 
$
685.5

 

(1)
Overhead includes all domestic corporate amounts not allocated to segments, including expenses and costs related to the management of corporate assets. Unallocated assets are principally comprised of deferred income taxes and property, plant and equipment related to the Company’s headquarters in the metropolitan New York area, its fulfillment and distribution facilities located in Missouri and its facility located in Connecticut.

(2)
Includes depreciation of property, plant and equipment and amortization of intangible assets, prepublication and production costs.