Goodwill and Other Intangibles (Tables)

12 Months Ended

May 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table summarizes the activity in Goodwill for the fiscal years ended May 31: 

	2024		2023
Gross beginning balance	$	172.3	$	164.9
Accumulated impairment		(39.6)		(39.6)
Beginning balance	$	132.7	$	125.3
Additions		—		7.6
Foreign currency translation		0.1		(0.2)
Gross ending balance		172.4		172.3
Accumulated impairment		(39.6)		(39.6)
Ending balance	$	132.8	$	132.7

Schedule of Goodwill by Segment

The following table presents Goodwill by segment as of May 31:

	2024		2023
Children's Book Publishing and Distribution	$	47.1	$	46.9
Education Solutions		75.7		75.8
International		10.0		10.0
Total	$	132.8	$	132.7

Schedule of finite-lived intangible assets

for the fiscal years ended May 31: 

	2024		2023
Other intangibles subject to amortization - beginning balance	$	7.8	$	6.0
Additions		6.0		4.1
Amortization expense		(2.6)		(2.2)
Foreign currency translation		0.1		(0.1)
Impairments		(3.1)		—
Total other intangibles subject to amortization, net of accumulated amortization of $39.1 and $36.5, respectively	$	8.2	$	7.8
Total other intangibles not subject to amortization		2.1		2.1
Total other intangibles	$	10.3	$	9.9

Schedule of future amortization of finite-lived intangible assets

The following table reflects the estimated amortization expense for intangibles for future fiscal years ending May 31: 

2025	$	2.0
2026		1.1
2027		1.1
2028		1.1
2029		1.1
Thereafter		1.8