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Employee Benefit Plans (Tables)
9 Months Ended
Feb. 29, 2020
Retirement Benefits [Abstract]  
Schedule of Net Benefit Costs

The following table sets forth the components of net periodic benefit cost for the periods indicated under the Company’s defined benefit pension plan of Scholastic Ltd., an indirect subsidiary of Scholastic Corporation located in the United Kingdom (the “UK Pension Plan”) and the postretirement benefits plan, consisting of certain healthcare and life insurance benefits provided by the Company to its eligible retired United States-based employees (the “Postretirement Benefits”), for the periods indicated:
 
UK Pension Plan
 
Postretirement Benefits
 
Three months ended

Three months ended
 
February 29,

February 28,

February 29,

February 28,
 
2020
 
2019
 
2020
 
2019
Components of net periodic benefit cost:
 
 
 
 
 
 
 
Service cost

 

 

 

Interest cost
0.2

 
0.3

 
0.2

 
0.2

Expected return on assets
(0.3
)
 
(0.3
)
 

 

Net amortization of prior service (credit) cost
0.0

 

 
0.0

 
0.0

Amortization of (gains) losses
0.3

 
0.2

 

 

Total
$0.2
 
$0.2
 
$0.2
 
$0.2


 
UK Pension Plan
 
Postretirement Benefits
 
Nine months ended
 
Nine months ended
 
February 29,
 
February 28,
 
February 29,
 
February 28,
 
2020
 
2019
 
2020
 
2019
Components of net periodic benefit cost:
 
 
 
 
 
 
 
Service cost

 

 

 
$0.0
Interest cost
0.6
 
0.8
 
0.5
 
0.6
Expected return on assets
(0.8)
 
(0.8)
 

 

Net amortization of prior service (credit) cost
0.0
 

 
(0.1)
 
(0.1)
Amortization of (gains) losses
0.8
 
0.6
 

 

Total
$0.6
 
$0.6
 
$0.4
 
$0.5