Revenues (Tables)

3 Months Ended

Aug. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table presents the Company’s segment revenues disaggregated by region and domestic channel:

	Three months ended
	August 31,
	2022		2021
Book Clubs - U.S.	$	6.3	$	6.8
Book Fairs - U.S.		28.3		16.0
Trade - U.S.		76.2		80.1
Trade - International(1)		13.9		12.9
Total Children's Book Publishing and Distribution	$	124.7	$	115.8
Education Solutions - U.S.	$	73.2	$	80.1
Total Education Solutions	$	73.2	$	80.1
International - Major Markets(2)	$	53.4	$	47.5
International - Other Markets(3)		11.6		16.4
Total International	$	65.0	$	63.9
Total Revenues	$	262.9	$	259.8

(1) Primarily includes foreign rights and certain product sales in the UK.

(2) Includes Canada, UK, Australia and New Zealand.

(3) Primarily includes markets in Asia.

Deferred Revenue, by Arrangement, Disclosure

The following table presents further detail regarding the Company's deferred revenue balance as of the dates indicated:

	August 31, 2022		May 31, 2022		August 31, 2021
Book fairs incentive credits	$	84.4	$	100.1	$	52.4
Magazines+ subscriptions		24.7		4.5		21.7
U.S. digital subscriptions		23.8		19.5		21.8
U.S. education-related(1)		16.5		13.6		10.6
Media-related		15.6		15.8		5.6
Stored value cards		9.3		9.4		3.9
Other(2)		8.3		9.9		9.5
Total deferred revenue	$	182.6	$	172.8	$	125.5

(1) Primarily includes deferred revenue related to contracts with school districts and professional services.

(2) Primarily includes deferred revenue related to various international products and services.