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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 28, 2019
May 31, 2018
Feb. 28, 2018
Current Assets:      
Cash and cash equivalents $ 338.1 $ 391.9 $ 362.6
Accounts receivable, net 317.3 204.9 186.0
Inventories, net 356.8 294.9 356.9
Prepaid expenses and other current assets 84.8 66.6 100.1
Total current assets 1,097.0 958.3 1,005.6
Property, plant and equipment, net 574.9 555.6 530.6
Prepublication costs 65.3 55.3 48.8
Royalty advances, net 52.3 44.8 50.3
Goodwill 119.1 119.2 119.1
Noncurrent deferred income taxes 43.6 25.2 17.8
Other assets and deferred charges 70.9 67.0 61.5
Total noncurrent assets 926.1 867.1 828.1
Total assets 2,023.1 1,825.4 1,833.7
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 11.0 7.9 7.7
Accounts payable 215.3 198.9 208.4
Accrued royalties 76.8 34.6 63.2
Deferred revenue 154.7 24.7 56.5
Other accrued expenses 236.2 177.9 162.6
Accrued income taxes 2.1 1.8 1.2
Total current liabilities 696.1 445.8 499.6
Noncurrent Liabilities:      
Long-term debt 0.0 0.0 0.0
Other noncurrent liabilities 57.9 58.8 66.5
Total noncurrent liabilities 57.9 58.8 66.5
Commitments and Contingencies 0.0 0.0 0.0
Stockholders’ Equity:      
Preferred Stock, $1.00 par value 0.0 0.0 0.0
Common Stock, value 0.4 0.4 0.4
Additional paid-in capital 619.4 614.4 614.6
Accumulated other comprehensive income (loss) (54.6) (55.7) (56.5)
Retained earnings 1,000.5 1,065.2 1,019.6
Treasury stock at cost (296.6) (303.5) (310.5)
Total stockholders’ equity 1,269.1 1,320.8 1,267.6
Total liabilities and stockholders’ equity 2,023.1 1,825.4 1,833.7
Common Class A      
Stockholders’ Equity:      
Common Stock, value $ 0.0 $ 0.0 $ 0.0