CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 30, 2022	May 31, 2022	Nov. 30, 2021
Current Assets:
Cash and cash equivalents	$ 261.1	$ 316.6	$ 300.7
Accounts receivable, net	345.9	299.4	370.5
Inventories, net	380.4	281.4	279.3
Income tax receivable	17.4	26.8	12.6
Prepaid expenses and other current assets	77.5	68.1	64.4
Assets held for sale	0.0	3.7	0.0
Total current assets	1,082.3	996.0	1,027.5
Noncurrent Assets:
Property, plant and equipment, net	511.7	517.0	535.8
Prepublication costs, net	53.4	55.5	60.6
Operating lease right-of-use assets, net	75.1	81.9	67.3
Royalty advances, net	57.9	49.2	52.1
Goodwill	132.0	125.3	125.7
Noncurrent deferred income taxes	21.5	21.5	25.3
Other assets and deferred charges	100.1	94.4	86.4
Total noncurrent assets	951.7	944.8	953.2
Total assets	2,034.0	1,940.8	1,980.7
Current Liabilities:
Lines of credit and current portion of long-term debt	4.8	6.5	14.3
Accounts payable	212.4	162.3	180.5
Accrued royalties	69.4	61.3	63.6
Deferred revenue	232.7	172.8	192.3
Other accrued expenses	180.4	193.3	193.6
Accrued income taxes	2.1	2.7	4.6
Operating lease liabilities	22.9	20.8	22.8
Total current liabilities	724.7	619.7	671.7
Noncurrent Liabilities:
Total long-term debt	0.0	0.0	0.0
Operating lease liabilities	61.9	69.8	55.4
Other noncurrent liabilities	29.3	32.9	43.6
Total noncurrent liabilities	91.2	102.7	99.0
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
Additional paid-in capital	629.0	627.0	625.1
Accumulated other comprehensive income (loss)	(52.1)	(45.4)	(44.3)
Retained earnings	992.4	976.5	950.1
Treasury stock, at cost: 10.6, 10.4 and 10.0 shares, respectively	(353.2)	(341.5)	(322.5)
Total stockholders’ equity of Scholastic Corporation	1,216.5	1,217.0	1,208.8
Noncontrolling interest	1.6	1.4	1.2
Total stockholders’ equity	1,218.1	1,218.4	1,210.0
Total liabilities and stockholders’ equity	2,034.0	1,940.8	1,980.7
Common Class A
Stockholders’ Equity:
Common Stock, value	0.0	0.0	0.0
Common Class B
Stockholders’ Equity:
Common Stock, value	$ 0.4	$ 0.4	$ 0.4