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Segment Information
 9 Months Ended
Feb. 28, 2017
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
 
The Company categorizes its businesses into three reportable segments: Children’s Book Publishing and Distribution; Education; 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, ebooks, 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.

•
Education includes the publication and distribution to schools and libraries of children’s books, classroom magazines, supplemental classroom materials and related support services, 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.

•
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 &
Distribution
 
Education
 
Overhead (1)
 
Total
Domestic
 
International
 
Total
Three months ended 
 February 28, 2017
 
 
 

 
 
 
 

 
 
 
 

Revenues
$
199.0

 
$
60.1

 
$
—

 
$
259.1

 
$
77.1

 
$
336.2

Bad debt
0.1

 
0.4

 
—

 
0.5

 
1.1

 
1.6

Depreciation and amortization (2)
5.3

 
2.1

 
6.0

 
13.4

 
1.6

 
15.0

Segment operating income (loss)
6.3

 
3.5

 
(29.5
)
 
(19.7
)
 
(3.9
)
 
(23.6
)
Expenditures for long-lived assets
  including royalty advances
14.9

 
2.8

 
13.9

 
31.6

 
2.5

 
34.1

Three months ended 
 February 29, 2016
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
219.8

 
$
63.9

 
$
—

 
$
283.7

 
$
82.3

 
$
366.0

Bad debt
1.3

 
0.5

 
—

 
1.8

 
1.3

 
3.1

Depreciation and amortization (2)
6.0

 
3.1

 
5.0

 
14.1

 
1.9

 
16.0

Asset impairments (3)
—

 
6.9

 
—

 
6.9

 
—

 
6.9

Segment operating income (loss)
8.2

 
(2.4
)
 
(20.5
)
 
(14.7
)
 
(1.7
)
 
(16.4
)
Expenditures for long-lived assets
  including royalty advances
11.3

 
3.1

 
6.9

 
21.3

 
2.3

 
23.6

 
Children’s
Book
Publishing &
Distribution
 
Education
 
Overhead (1)
 
Total
Domestic
 
International
 
Total
Nine months ended 
 February 28, 2017
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
769.3

 
$
186.4

 
$
—

 
$
955.7

 
$
286.3

 
$
1,242.0

Bad debt expense
3.3

 
0.9

 
—

 
4.2

 
5.1

 
9.3

Depreciation and amortization (2)
16.6

 
6.2

 
17.4

 
40.2

 
5.6

 
45.8

Segment operating income (loss)
91.2

 
7.8

 
(90.8
)
 
8.2

 
16.5

 
24.7

Segment assets at
February 28, 2017
478.4

 
158.8

 
948.7

 
1,585.9

 
261.3

 
1,847.2

Goodwill at February 28, 2017
40.9

 
65.4

 
—

 
106.3

 
9.9

 
116.2

Expenditures for long-lived
assets including royalty advances
52.2

 
7.8

 
28.5

 
88.5

 
8.5

 
97.0

Long-lived assets at
February 28, 2017
146.9

 
83.7

 
398.6

 
629.2

 
66.4

 
695.6

Nine months ended 
 February 29, 2016
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
701.2

 
$
186.7

 
$
—

 
$
887.9

 
$
271.1

 
$
1,159.0

Bad debt expense
3.8

 
1.7

 
—

 
5.5

 
3.4

 
8.9

Depreciation and amortization (2)
20.4

 
9.8

 
14.7

 
44.9

 
6.0

 
50.9

Asset impairments (3)
—

 
6.9

 
—

 
6.9

 
—

 
6.9

Segment operating income (loss)
62.6

 
3.7

 
(64.2
)
 
2.1

 
7.1

 
9.2

Segment assets at
February 29, 2016
471.4

 
153.4

 
879.1

 
1,503.9

 
256.2

 
1,760.1

Goodwill at February 29, 2016
40.9

 
65.4

 
—

 
106.3

 
9.9

 
116.2

Expenditures for long-lived
assets including royalty advances
31.6

 
6.6

 
15.1

 
53.3

 
10.5

 
63.8

Long-lived assets at
February 29, 2016
144.7

 
82.1

 
380.2

 
607.0

 
67.0

 
674.0


(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 impairment charges associated with certain legacy prepublication assets in Fiscal 2016.