CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 29, 2024	May 31, 2023	Feb. 28, 2023
Current Assets:
Cash and cash equivalents	$ 110.4	$ 224.5	$ 198.8
Accounts receivable, net	253.0	278.0	261.7
Inventories, net	282.5	334.5	367.5
Income tax receivable	29.9	8.9	28.5
Prepaid expenses and other current assets	52.9	47.0	71.4
Total current assets	728.7	892.9	927.9
Noncurrent Assets:
Property, plant and equipment, net	512.6	521.4	510.5
Prepublication costs, net	54.0	56.4	54.0
Operating lease right-of-use assets, net	91.6	85.7	75.3
Royalty advances, net	56.2	56.8	59.6
Goodwill	132.8	132.7	131.9
Noncurrent deferred income taxes	21.0	21.0	21.4
Other assets and deferred charges	118.3	99.8	96.9
Total noncurrent assets	986.5	973.8	949.6
Total assets	1,715.2	1,866.7	1,877.5
Current Liabilities:
Lines of credit and current portion of long-term debt	31.5	6.0	5.2
Accounts payable	126.1	170.9	158.4
Accrued royalties	75.1	52.8	83.2
Deferred revenue	193.8	169.1	203.0
Other accrued expenses	156.7	168.9	163.9
Accrued income taxes	2.7	13.4	1.4
Operating lease liabilities	22.6	21.2	21.8
Total current liabilities	608.5	602.3	636.9
Noncurrent Liabilities:
Total long-term debt	0.0	0.0	0.0
Operating lease liabilities	79.4	73.8	62.8
Other noncurrent liabilities	29.7	26.1	27.9
Total noncurrent liabilities	109.1	99.9	90.7
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	603.0	632.2	630.6
Accumulated other comprehensive income (loss)	(53.7)	(55.8)	(53.1)
Retained earnings	993.5	1,035.6	966.4
Treasury stock, at cost: 15.1, 12.9 and 11.5 shares, respectively	(545.6)	(449.5)	(395.9)
Total stockholders’ equity of Scholastic Corporation	997.6	1,162.9	1,148.4
Noncontrolling interest	0.0	1.6	1.5
Total stockholders’ equity	997.6	1,164.5	1,149.9
Total liabilities and stockholders’ equity	1,715.2	1,866.7	1,877.5
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