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Employee Benefit Plans (Tables)
9 Months Ended
Feb. 28, 2017
Compensation and Retirement Disclosure [Abstract]  
Schedule of Net Benefit Costs
The following table sets forth components of the net periodic cost (credit) for the periods indicated under the Company’s cash balance retirement plan for its United States employees meeting certain eligibility requirements (the “U.S. Pension Plan”) and the defined benefit pension plan of Scholastic Ltd., an indirect subsidiary of Scholastic Corporation located in the United Kingdom (the “UK Pension Plan” and, together with the U.S. Pension Plan, the “Pension Plans”). Also included are the post-retirement benefits, consisting of certain healthcare and life insurance benefits provided by the Company to its eligible retired United States-based employees (the “Post-Retirement Benefits”). The Pension Plans and Post-Retirement Benefits include participants associated with both continuing operations and discontinued operations. 
 
Pension Plans
 
Post-Retirement Benefits
 
Three months ended
 
Three months ended
 
February 28,
 
February 29,
 
February 28,
 
February 29,
 
2017
 
2016
 
2017
 
2016
Components of net periodic cost (credit):
 
 
 
 
 
 
 
Service cost
$

 
$

 
$
0.0

 
$
0.0

Interest cost
1.1

 
1.5

 
0.2

 
0.3

Expected return on assets
(1.8
)
 
(1.9
)
 

 

Net amortization of prior service credit

 

 

 
(0.0
)
Amortization of (gain) loss
0.4

 
0.4

 
(1.0
)
 
0.7

Net periodic cost (credit)
$
(0.3
)
 
$
0.0

 
$
(0.8
)
 
$
1.0

 
Pension Plans
 
Post-Retirement Benefits
 
Nine months ended
 
Nine months ended
 
February 28,
 
February 29,
 
February 28,
 
February 29,
 
2017
 
2016
 
2017
 
2016
Components of net periodic cost (credit):
 
 
 
 
 
 
 
Service cost
$

 
$

 
$
0.0

 
$
0.0

Interest cost
3.3

 
4.6

 
0.8

 
1.0

Expected return on assets
(5.4
)
 
(5.8
)
 

 

Net amortization of prior service credit

 

 

 
(0.0)

Amortization of (gain) loss
1.3

 
1.2

 
0.2

 
2.1

Net periodic cost (credit)
$
(0.8
)
 
$
0.0

 
$
1.0

 
$
3.1