Segment Information (Tables)

9 Months Ended

Feb. 28, 2015

Schedule of Segment Reporting Information, by Segment



	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 February 28, 2015
Revenues	$	202.9		$	34.3		$	49.1	$	9.5		$	—		$	295.8		$	86.3	$	382.1
Bad debt expense	1.6			0.4			0.5		—			—			2.5			0.7		3.2
Depreciation and amortization ⁽²⁾	7.4			7.7			2.7		1.4			5.1			24.3			2.1		26.4
Segment operating income (loss)	(2.2		)	(12.4		)	3.4		(2.0		)	(22.9		)	(36.1		)	0.9		(35.2		)
Expenditures for long-lived assets including royalty advances	9.9			9.1			1.8		1.2			4.4			26.4			3.7		30.1
Three months ended February 28, 2014
Revenues	$	190.0		$	35.8		$	46.0	$	10.7		$	—		$	282.5		$	91.0	$	373.5
Bad debt expense	0.2			0.4			0.4		0.1			—			1.1			1.4		2.5
Depreciation and amortization ⁽²⁾	7.8			7.1			2.7		1.4			8.7			27.7			1.9		29.6
Segment operating income (loss)	(10.6		)	(10.7		)	2.1		(2.3		)	(12.9		)	(34.4		)	0.1		(34.3		)
Expenditures for long-lived assets including royalty advances	8.9			7.1			2.3		2.6			256.8			277.7			2.6		280.3



	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
Nine months ended February 28, 2015
Revenues	$	660.2		$	174.6	$	156.7	$	34.6		$	—		$	1,026.1		$	305.4	$	1,331.5
Bad debt expense	4.3			0.7		1.3		0.1			—			6.4			3.2		9.6
Depreciation and amortization ⁽²⁾	23.5			23.0		8.5		4.9			16.3			76.2			6.6		82.8
Asset impairments ⁽³⁾	—			—		—		—			2.9			2.9			—		2.9
Segment operating income (loss)	45.6			16.7		15.2		(6.2		)	(66.0		)	5.3			18.9		24.2
Segment assets at February 28, 2015	441.8			160.5		146.5		26.7			524.4			1,299.9			251.2		1,551.1
Goodwill at February 28, 2015	40.9			22.7		65.4		5.4			—			134.4			10.0		144.4
Expenditures for long-lived assets including royalty advances	35.4			22.6		5.0		4.6			8.2			75.8			10.4		86.2
Long-lived assets at February 28, 2015	143.0			119.6		87.9		13.7			380.2			744.4			64.1		808.5
Nine months ended February 28, 2014
Revenues	$	596.7		$	191.5	$	144.7	$	34.8		$	—		$	967.7		$	305.3	$	1,273.0
Bad debt expense	1.6			0.8		1.0		0.2			—			3.6			2.8		6.4
Depreciation and amortization ⁽²⁾	23.6			21.0		7.8		2.5			29.2			84.1			5.2		89.3
Asset impairments ⁽³⁾	13.4			—		—		—			—			13.4			—		13.4
Segment operating income (loss)	(3.2		)	32.4		11.8		(5.2		)	(42.9		)	(7.1		)	21.6		14.5
Segment assets at February 28, 2014	442.2			162.1		145.1		26.5			558.7			1,334.6			252.9		1,587.5
Goodwill at February 28, 2014	40.9			22.7		65.4		5.4			—			134.4			10.1		144.5
Expenditures for long-lived assets including royalty advances	30.8			22.9		6.9		6.2			264.8			331.6			7.8		339.4
Long-lived assets at February 28, 2014	145.8			118.1		89.9		15.2			418.8			787.8			62.7		850.5

(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, and prepublication and production costs.


(3)	Includes an asset impairment related to the closure of a retail store in New York City in fiscal 2015 and an impairment of goodwill attributable to legacy acquisitions associated with the book club operations in the Children’s Book Publishing and Distribution segment in fiscal 2014.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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