Discontinued Operations (Tables)

9 Months Ended

Feb. 28, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of revenue, assets, and liabilities of discontinued operations

The following table summarizes the operating results of the discontinued operations for the periods indicated:

	Three months ended					Nine months ended
	February 28,		February 29,			February 28,		February 29,
	2017		2016			2017		2016
Revenues	$	0.1	$	0.4		$	0.3	$	0.7
Operating costs and expenses	0.0		0.6			0.4		2.2
Interest income (expense)	0.1		0.0			0.1		0.1
Gain (loss) on sale (1)	—		(2.9		)	—		(2.9		)
Earnings (loss) before income taxes	$	0.2	$	(3.1	)	$	0.0	$	(4.3	)
Provision (benefit) for income taxes	0.1		(1.3		)	0.0		(1.7		)
Earnings (loss) from discontinued operations, net of tax	$	0.1	$	(1.8	)	$	0.0	$	(2.6	)

(1) For the three and nine months ended February 29, 2016, the Company recognized a pretax loss of $2.9 related to the final adjustment to the working capital estimate from the sale of the Ed Tech business.

The following table sets forth the assets and liabilities of the discontinued operations included in the condensed consolidated balance sheets of the Company:

	February 28, 2017		May 31, 2016		February 29, 2016
Accounts receivable, net	$	0.1	$	0.0	$	0.1
Prepaid expenses and other current assets	0.3		0.5		0.5
Current assets of discontinued operations	$	0.4	$	0.5	$	0.6
Accounts payable	—		0.0		0.0
Accrued royalties	0.0		0.0		0.1
Deferred revenue	—		—		0.1
Other accrued expenses	0.1		1.2		1.3
Current liabilities of discontinued operations	$	0.1	$	1.2	$	1.5