Revenues (Tables)

9 Months Ended

Feb. 28, 2023

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				Nine months ended
	February 28,				February 28,
	2023		2022		2023		2022
Book Clubs - U.S.	$	27.7	$	40.5	$	91.6	$	99.2
Book Fairs - U.S.		103.5		76.0		372.6		268.2
Trade - U.S.		64.8		77.1		248.9		266.6
Trade - International(1)		8.0		7.4		33.9		35.3
Total Children's Book Publishing and Distribution	$	204.0	$	201.0	$	747.0	$	669.3
Education Solutions - U.S.	$	70.0	$	77.2	$	223.2	$	236.8
Total Education Solutions	$	70.0	$	77.2	$	223.2	$	236.8
International - Major Markets(2)	$	41.3	$	48.8	$	171.8	$	175.1
International - Other Markets(3)		9.6		17.5		33.7		47.3
Total International	$	50.9	$	66.3	$	205.5	$	222.4
Total Revenues	$	324.9	$	344.5	$	1,175.7	$	1,128.5

(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:

	February 28, 2023		May 31, 2022		February 28, 2022
Book fairs incentive credits	$	105.2	$	100.1	$	82.7
Magazines+ subscriptions		30.7		4.5		30.4
U.S. digital subscriptions		25.2		19.5		18.2
U.S. education-related(1)		13.5		13.6		12.5
Media-related		4.4		15.8		11.6
Stored value cards		14.8		9.4		8.8
Other(2)		9.2		9.9		12.6
Total deferred revenue	$	203.0	$	172.8	$	176.8

(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.