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Goodwill and Other Intangibles
6 Months Ended
Nov. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangibles GOODWILL AND OTHER INTANGIBLES
The Company assesses goodwill and other intangible assets with indefinite lives for impairment annually or more frequently if indicators arise. The Company monitors impairment indicators in light of changes in market conditions, near and long-term demand for the Company’s products and other relevant factors.

The following table summarizes the activity in Goodwill for the periods indicated: 
November 30, 2023May 31, 2023November 30, 2022
Gross beginning balance$172.3 $164.9 $164.9 
Accumulated impairment(39.6)(39.6)(39.6)
Beginning balance$132.7 $125.3 $125.3 
Additions— 7.6 7.0 
Foreign currency translation0.1 (0.2)(0.3)
Ending balance $132.8 $132.7 $132.0 

In fiscal 2023, the Company acquired Learning Ovations, Inc, a U.S.-based education technology business, which resulted in the recognition of $7.6 of Goodwill included in the Education Solutions segment. Refer to Note 7, Acquisitions, for further details regarding the acquisition.
There were no impairment charges related to Goodwill in any of the periods presented.

The following table summarizes the activity in other intangibles included in Other assets and deferred charges on the Company’s Financial Statements for the periods indicated:
November 30, 2023May 31, 2023November 30, 2022
Beginning balance - Other intangibles subject to amortization$7.8 $6.0 $6.0 
Additions 5.8 4.1 4.1 
Amortization expense(1.2)(2.2)(1.1)
Foreign currency translation0.0 (0.1)(0.1)
Total other intangibles subject to amortization, net of accumulated amortization of $37.7, $36.5 and $35.4, respectively
$12.4 $7.8 $8.9 
Total other intangibles not subject to amortization$2.1 $2.1 $2.1 
Total other intangibles$14.5 $9.9 $11.0 

During the second quarter of fiscal 2024, the Company acquired certain amortizable intangible assets related to educational programs for $5.8. These intangible assets are amortized over the estimated useful life of 8 years.

In fiscal 2023, the Company acquired Learning Ovations, Inc., a U.S.-based education technology business, which resulted in the recognition of $4.1 of amortizable intangible assets. These intangible assets are amortized over the estimated useful life of 7 years.

Intangible assets with indefinite lives consist principally of trademark and trade name rights. Intangible assets with definite lives consist principally of customer lists, intellectual property, trade names and other agreements. Intangible assets with definite lives are amortized over their estimated useful lives. The weighted-average remaining useful lives of all amortizable intangible assets is approximately 6.1 years.
There were no impairment charges related to Intangible assets in any of the periods presented.