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Segment Information (Tables)

3 Months Ended

Aug. 31, 2013

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Children’s Book Publishing and Distribution ⁽¹⁾			Educational Technology and Services ⁽¹⁾		Classroom and Supplemental Materials Publishing ⁽¹⁾			Media, Licensing and Advertising ⁽¹⁾			Overhead ^{(1) (2)}			Total Domestic			International ⁽¹⁾			Total
Three months ended
August 31, 2013
Revenues	$	54.6		$	94.8	$	37.8		$	10.4		$	—		$	197.6		$	78.7		$	276.3
Bad debt expense		0.4			0.4		—			—			—			0.8			0.6			1.4
Depreciation and amortization⁽³⁾		4.0			0.3		0.3			0.1			10.0			14.7			1.2			15.9
Amortization⁽⁴⁾		4.0			6.0		2.3			0.5			—			12.8			0.5			13.3
Segment operating income (loss)		(61.5	)		36.2		(1.6	)		(1.9	)		(16.4	)		(45.2	)		(0.7	)		(45.9	)
Segment assets at 8/31/13		464.2			207.8		153.6			25.1			407.7			1,258.4			247.6			1,506.0
Goodwill at 8/31/13		54.3			22.7		65.4			5.4			—			147.8			10.1			157.9
Expenditures for long-lived assets including royalty advances		11.4			8.5		2.0			1.1			5.2			28.2			2.5			30.7
Long-lived assets at 8/31/13		163.6			118.6		90.5			12.2			236.2			621.1			64.4			685.5

Three months ended
August 31, 2012

Revenues	$	70.9		$	80.0	$	37.9		$	14.4		$	—		$	203.2		$	90.2		$	293.4
Bad debt expense		(0.2	)		0.3		(0.2	)		0.0			—			(0.1	)		0.6			0.5
Depreciation and amortization⁽³⁾		3.8			0.3		0.4			0.1			10.3			14.9			1.2			16.1
Amortization⁽⁴⁾		3.5			5.5		1.7			0.5			—			11.2			0.6			11.8
Segment operating income (loss)		(54.9	)		24.8		(2.6	)		0.2			(17.3	)		(49.8	)		2.8			(47.0	)
Segment assets at 8/31/12		526.9			219.6		171.4			40.4			440.9			1,399.2			315.5			1,714.7
Goodwill at 8/31/12		54.3			22.7		65.4			5.4			—			147.8			9.9			157.7
Expenditures for long-lived assets including royalty advances		15.1			8.2		1.8			1.1			7.5			33.7			2.4			36.1
Long-lived assets at 8/31/12		170.1			103.3		90.0			12.1			244.0			619.5			68.8			688.3

(1)	As discussed under “Discontinued Operations” in Note 1, “Basis of Presentation,” the Company closed or sold several operations during fiscal 2012 and fiscal 2013. All of these businesses are classified as discontinued operations in the Company’s financial statements and, as such, are not reflected in this table.

(2)	Overhead includes all domestic corporate amounts not allocated to segments, including expenses and costs related to the management of corporate assets. Unallocated assets are principally comprised of deferred income taxes and property, plant and equipment related to the Company’s headquarters in the metropolitan New York area, its fulfillment and distribution facilities located in Missouri and its facility located in Connecticut. Overhead also includes amounts previously allocated to the Children’s Book Publishing and Distribution segment for the computer club business that was discontinued in the fourth quarter of fiscal 2013.

(3)	Includes depreciation of property, plant and equipment and amortization of intangible assets.

(4)	Includes amortization of prepublication and production costs.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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