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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 31, 2019
May 31, 2019
Aug. 31, 2018
Current Assets:      
Cash and cash equivalents $ 199.4 $ 334.1 $ 269.8
Accounts receivable, net 226.1 250.1 223.7
Inventories, net 403.6 323.7 402.3
Prepaid expenses and other current assets 109.7 52.7 107.6
Total current assets 938.8 960.6 1,003.4
Property, plant and equipment, net 579.9 577.7 563.5
Prepublication costs 71.1 70.2 58.5
Operating lease right-of-use assets, net 81.7    
Royalty advances, net 50.0 47.5 47.1
Goodwill 125.0 125.2 119.1
Noncurrent deferred income taxes 36.8 37.0 40.9
Other assets and deferred charges 61.3 60.3 67.1
Total noncurrent assets 1,005.8 917.9 896.2
Total assets 1,944.6 1,878.5 1,899.6
Current Liabilities:      
Lines of credit, short-term debt and current portion of long-term debt 13.0 7.3 15.7
Accounts payable 226.4 195.3 242.3
Accrued royalties 63.3 41.9 56.4
Deferred revenue 142.3 130.8 130.4
Other accrued expenses 155.6 164.8 185.9
Accrued income taxes 0.7 1.4 0.7
Operating lease liabilities 24.1    
Total current liabilities 625.4 541.5 631.4
Noncurrent Liabilities:      
Long-term debt 0.0 0.0 0.0
Operating lease liabilities 61.1    
Other noncurrent liabilities 61.4 64.2 58.8
Total noncurrent liabilities 122.5 64.2 58.8
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 622.2 620.8 615.5
Accumulated other comprehensive income (loss) (61.5) (59.7) (58.6)
Retained earnings 948.9 1,012.6 952.1
Treasury stock at cost (314.6) (302.6) (300.0)
Total stockholders’ equity 1,195.4 1,271.5 1,209.4
Noncontrolling interest 1.3 1.3 0.0
Total liabilities and stockholders’ equity 1,196.7 1,272.8 1,209.4
Total liabilities and stockholders’ equity 1,944.6 1,878.5 1,899.6
Common Class A      
Stockholders’ Equity:      
Common Stock, value $ 0.0 $ 0.0 $ 0.0