CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 30, 2023	May 31, 2023	Nov. 30, 2022
Current Assets:
Cash and cash equivalents	$ 149.5	$ 224.5	$ 261.1
Accounts receivable, net	311.8	278.0	345.9
Inventories, net	302.3	334.5	380.4
Income tax receivable	11.6	8.9	17.4
Prepaid expenses and other current assets	65.4	47.0	77.5
Total current assets	840.6	892.9	1,082.3
Noncurrent Assets:
Property, plant and equipment, net	523.6	521.4	511.7
Prepublication costs, net	55.2	56.4	53.4
Operating lease right-of-use assets, net	97.3	85.7	75.1
Royalty advances, net	55.4	56.8	57.9
Goodwill	132.8	132.7	132.0
Noncurrent deferred income taxes	20.9	21.0	21.5
Other assets and deferred charges	107.7	99.8	100.1
Total noncurrent assets	992.9	973.8	951.7
Total assets	1,833.5	1,866.7	2,034.0
Current Liabilities:
Lines of credit and current portion of long-term debt	6.3	6.0	4.8
Accounts payable	159.5	170.9	212.4
Accrued royalties	57.5	52.8	69.4
Deferred revenue	225.0	169.1	232.7
Other accrued expenses	162.5	168.9	180.4
Accrued income taxes	2.5	13.4	2.1
Operating lease liabilities	23.4	21.2	22.9
Total current liabilities	636.7	602.3	724.7
Noncurrent Liabilities:
Total long-term debt	0.0	0.0	0.0
Operating lease liabilities	84.1	73.8	61.9
Other noncurrent liabilities	33.6	26.1	29.3
Total noncurrent liabilities	117.7	99.9	91.2
Commitments and Contingencies (see Note 5)	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	630.8	632.2	629.0
Accumulated other comprehensive income (loss)	(53.5)	(55.8)	(52.1)
Retained earnings	1,026.0	1,035.6	992.4
Treasury stock, at cost: 14.7, 12.9 and 10.6 shares, respectively	(524.6)	(449.5)	(353.2)
Total stockholders’ equity of Scholastic Corporation	1,079.1	1,162.9	1,216.5
Noncontrolling interest	0.0	1.6	1.6
Total stockholders’ equity	1,079.1	1,164.5	1,218.1
Total liabilities and stockholders’ equity	1,833.5	1,866.7	2,034.0
Common Class A
Stockholders’ Equity:
Common Stock, value	0.0	0.0	0.0
Common Class
Stockholders’ Equity:
Common Stock, value	$ 0.4	$ 0.4	$ 0.4