CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 31, 2020	May 31, 2020	Aug. 31, 2019
Current Assets:
Cash and cash equivalents	$ 355.5	$ 393.8	$ 199.4
Accounts receivable, net	219.6	239.8	226.1
Inventories, net	323.2	270.6	403.6
Income tax receivable	103.2	90.0	39.4
Prepaid expenses and other current assets	53.7	41.1	70.3
Total current assets	1,055.2	1,035.3	938.8
Property, plant and equipment, net	573.0	576.9	579.9
Prepublication costs, net	69.7	70.6	71.1
Operating lease right-of-use assets, net	96.4	95.3	81.7
Royalty advances, net	42.0	39.9	50.0
Goodwill	125.6	124.9	125.0
Noncurrent deferred income taxes	19.1	18.6	36.8
Other assets and deferred charges	75.3	72.1	61.3
Total noncurrent assets	1,001.1	998.3	1,005.8
Total assets	2,056.3	2,033.6	1,944.6
Current Liabilities:
Lines of credit and current portion of long-term debt	19.9	7.9	13.0
Accounts payable	168.3	153.6	226.4
Accrued royalties	56.2	37.8	63.3
Deferred revenue	127.6	116.5	142.3
Other accrued expenses	166.6	161.5	155.6
Accrued income taxes	1.8	1.4	0.7
Operating lease liabilities	23.1	22.8	24.1
Total current liabilities	563.5	501.5	625.4
Noncurrent Liabilities:
Total long-term debt	200.0	210.6	0.0
Operating lease liabilities	77.1	75.7	61.1
Other noncurrent liabilities	68.3	65.2	61.4
Total noncurrent liabilities	345.4	351.5	122.5
Commitments and Contingencies (see Note 5)	0.0	0.0	0.0
Stockholders’ Equity:
Preferred Stock, $1.00 par value: Authorized, 2.0 shares; Issued and Outstanding, none	0.0	0.0	0.0
Common Stock, value	0.4	0.4	0.4
Additional paid-in capital	622.8	622.4	622.2
Accumulated other comprehensive income (loss)	(47.5)	(58.3)	(61.5)
Retained earnings	903.1	948.0	948.9
Treasury stock, at cost: 10.4, 10.4 and 9.8 shares, respectively	(332.8)	(333.3)	(314.6)
Total stockholders’ equity of Scholastic Corporation	1,146.0	1,179.2	1,195.4
Noncontrolling interest	1.4	1.4	1.3
Total stockholders’ equity	1,147.4	1,180.6	1,196.7
Total liabilities and stockholders’ equity	2,056.3	2,033.6	1,944.6
Common Class A
Stockholders’ Equity:
Common Stock, value	$ 0.0	$ 0.0	$ 0.0