CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 28, 2021	May 31, 2020	Feb. 29, 2020
Current Assets:
Cash and cash equivalents	$ 353.2	$ 393.8	$ 263.8
Accounts receivable, net	238.0	239.8	281.2
Inventories, net	304.8	270.6	307.7
Income tax receivable	101.3	90.0	30.2
Prepaid expenses and other current assets	61.0	41.1	58.3
Total current assets	1,058.3	1,035.3	941.2
Property, plant and equipment, net	561.4	576.9	579.1
Prepublication costs, net	66.7	70.6	70.8
Operating lease right-of-use assets, net	76.8	95.3	71.7
Royalty advances, net	45.1	39.9	51.1
Goodwill	126.0	124.9	125.3
Noncurrent deferred income taxes	19.3	18.6	37.1
Other assets and deferred charges	81.4	72.1	72.1
Total noncurrent assets	976.7	998.3	1,007.2
Total assets	2,035.0	2,033.6	1,948.4
Current Liabilities:
Lines of credit and current portion of long-term debt	190.7	7.9	9.7
Accounts payable	134.3	153.6	187.9
Accrued royalties	77.6	37.8	77.3
Deferred revenue	121.9	116.5	158.1
Other accrued expenses	177.6	161.5	170.9
Accrued income taxes	3.6	1.4	3.7
Operating lease liabilities	24.3	22.8	22.7
Total current liabilities	730.0	501.5	630.3
Noncurrent Liabilities:
Total long-term debt	0.0	210.6	6.4
Operating lease liabilities	67.3	75.7	52.0
Other noncurrent liabilities	60.9	65.2	60.4
Total noncurrent liabilities	128.2	351.5	118.8
Commitments and Contingencies (see Note 6)	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	625.4	622.4	621.9
Accumulated other comprehensive income (loss)	(35.4)	(58.3)	(59.4)
Retained earnings	913.9	948.0	966.2
Treasury stock, at cost: 10.2, 10.4 and 10.3 shares, respectively	(328.9)	(333.3)	(331.2)
Total stockholders’ equity of Scholastic Corporation	1,175.4	1,179.2	1,197.9
Noncontrolling interest	1.4	1.4	1.4
Total stockholders’ equity	1,176.8	1,180.6	1,199.3
Total liabilities and stockholders’ equity	2,035.0	2,033.6	1,948.4
Common Class A
Stockholders’ Equity:
Common Stock, value	$ 0.0	$ 0.0	$ 0.0