Scholastic (SCHL) 10-Q 26 Sep 14 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Aug. 31, 2014
Document Information [Line Items]	'
Entity Registrant Name	'SCHOLASTIC CORP
Document Type	'10-Q
Current Fiscal Year End Date	'--05-31
Amendment Flag	'false
Entity Central Index Key	'0000866729
Entity Current Reporting Status	'Yes
Entity Voluntary Filers	'No
Entity Filer Category	'Large Accelerated Filer
Entity Well-known Seasoned Issuer	'Yes
Document Period End Date	31-Aug-14
Document Fiscal Year Focus	'2015
Document Fiscal Period Focus	'Q1
Common Class A	'
Document Information [Line Items]	'
Entity Common Stock, Shares Outstanding	1,656,200
Common Stock [Member]	'
Document Information [Line Items]	'
Entity Common Stock, Shares Outstanding	31,068,729

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013
Revenues	$283.80	$276.30
Operating costs and expenses:	'	'
Cost of goods sold (exclusive of depreciation and amortization)	150.2	137.9
Selling, general and administrative expenses (exclusive of depreciation and amortization)	173.5	168.4
Depreciation and amortization	13.5	15.9
Total operating costs and expenses	337.2	322.2
Operating income (loss)	-53.4	-45.9
Interest expense, net	-0.9	-1.9
Earnings (loss) from continuing operations before income taxes	-54.3	-47.8
Provision (benefit) for income taxes	-20.3	-17.7
Earnings (loss) from continuing operations	-34	-30.1
Earnings (loss) from discontinued operations, net of tax	-0.1	0.2
Net income (loss)	($34.10)	($29.90)
Basic:	'	'
Earnings (loss) from continuing operations (in Dollars per share)	($1.05)	($0.94)
Earnings (loss) from discontinued operations, net of tax (in Dollars per share)	$0	$0
Net income (loss) (in Dollars per share)	($1.05)	($0.94)
Diluted:	'	'
Earnings (loss) from continuing operations (in Dollars per share)	($1.05)	($0.94)
Earnings (loss) from discontinued operations, net of tax (in Dollars per share)	$0	$0
Net income (loss) (in Dollars per share)	($1.05)	($0.94)
Dividends declared per class A and common share (in Dollars per share)	$0.15	$0.13

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013
Net income (loss)	($34.10)	($29.90)
Other comprehensive income (loss), net:	'	'
Foreign currency translation adjustments	0.5	-5.6
Pension and post-retirement adjustments:	'	'
Amortization of prior service cost (credit)	0	-0.1
Amortization of unrecognized gain (loss) included in net periodic cost	0.5	0.9
Total other comprehensive income (loss)	1	-4.8
Comprehensive income (loss)	($33.10)	($34.70)

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
In Millions, unless otherwise specified
Current Assets:	'	'	'
Cash and cash equivalents	$15.40	$20.90	$15.80
Accounts receivable, net	239.1	253.3	211.6
Inventories, net	390.5	272.7	374.6
Deferred income taxes	81	81	79.2
Prepaid expenses and other current assets	98	35.1	107.1
Current assets of discontinued operations	0.4	0.4	0.4
Total current assets	824.4	663.4	788.7
Property, plant and equipment, net	461.1	467	302.6
Prepublication costs	141.9	143.1	148.9
Royalty advances, net	39.4	38.5	37.9
Production costs	4.8	4.5	2.3
Goodwill	144.5	144.5	157.9
Other intangibles	12.2	12.2	14
Noncurrent deferred income taxes	4.4	4.1	14.7
Other assets and deferred charges	48.1	51.2	39.4
Total assets	1,680.80	1,528.50	1,506.40
Current Liabilities:	'	'	'
Lines of credit, short-term debt and current portion of long-term debt	13.9	15.8	29.2
Capital lease obligations	0	0	0.1
Accounts payable	232.7	145.3	207.3
Accrued royalties	47.4	34.1	45.5
Deferred revenue	87.7	48.7	81.9
Other accrued expenses	158	184.7	160
Current liabilities of discontinued operations	1.1	1.1	1.3
Total current liabilities	540.8	429.7	525.3
Noncurrent Liabilities:	'	'	'
Long-term debt	185	120	0
Capital lease obligations	0	0	57.7
Other noncurrent liabilities	62.3	63.4	95.5
Total noncurrent liabilities	247.3	183.4	153.2
Commitments and Contingencies	0	0	0
Stockholders’ Equity:	'	'	'
Preferred Stock, $1.00 par value	0	0	0
Common Stock, value	0.4	0.4	0.4
Additional paid-in capital	582.3	580.8	581.2
Accumulated other comprehensive income (loss)	-54.2	-55.2	-70.2
Retained earnings	726.1	765.1	705.3
Treasury stock at cost	-361.9	-375.7	-388.8
Total stockholders’ equity	892.7	915.4	827.9
Total liabilities and stockholders’ equity	1,680.80	1,528.50	1,506.40
Common Class A	'	'	'
Stockholders’ Equity:	'	'	'
Common Stock, value	$0	$0	$0

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
Preferred stock par value per share (in Dollars per share)	$1	$1	$1
Common Stock, par value per share (in Dollars per share)	$0.01	$0.01	$0.01
Common Class A	'	'	'
Common Stock, par value per share (in Dollars per share)	$0.01	$0.01	$0.01

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013
Cash flows - operating activities:	'	'
Net income (loss)	($34.10)	($29.90)
Earnings (loss) from discontinued operations, net of tax	-0.1	0.2
Earnings (loss) from continuing operations	-34	-30.1
Adjustments to reconcile earnings from continuing operations to net cash provided by (used in) operating activities of continuing operations:	'	'
Provision for losses on accounts receivable	2.2	1.4
Provision for losses on inventory	5.3	4.8
Provision for losses on royalty advances	1	1
Amortization of prepublication and production costs	14.5	13.3
Depreciation and amortization	13.5	16.3
Defined Benefit Plan, Amortization of Gains (Losses)	0.7	1
Deferred Income Taxes and Tax Credits	-0.3	0
Stock-based compensation	1.6	1.1
NonCashNetGainOnEquityInvestments	0.7	0.7
Changes in assets and liabilities:	'	'
Accounts receivable	12.5	-1.1
Inventories	-123.1	-105
Other current assets	-52	-40.7
Deferred promotion costs	-6.1	-5.5
Royalty advances	-2	-1.8
Accounts payable	87.5	52.5
Other accrued expenses	-25.8	-18.3
Accrued royalties	13.4	11.3
Deferred revenue	38.9	34
Pension and post-retirement liability	-1.4	-4.1
Other noncurrent liability	-0.3	-1.3
Other, net	-1.1	0.9
Total adjustments	-21.7	-40.9
Net cash provided by (used in) operating activities of continuing operations	-55.7	-71
Net cash provided by (used in) operating activities of discontinued operations	-0.1	0.2
Net cash provided by (used in) operating activities	-55.8	-70.8
Prepublication And Production Expenditures	13.8	15.7
Cash flows - investing activities:	'	'
Additions to property, plant and equipment	-7.3	-7.3
Acquisition related payments	-0.6	-1
Net cash provided by (used in) investing activities of continuing operations	-21.7	-24
Net cash provided by (used in) investing activities	-21.7	-24
Cash flows - financing activities:	'	'
Net borrowings under credit agreement and revolving loan	65	15
Borrowings under lines of credit	59.7	35
Repayment of lines of credit	-61.5	-22.9
Repayment of capital lease obligations	0	-0.1
Reacquisition of common stock	0	-0.4
Proceeds pursuant to stock-based compensation plans	12.6	1.3
Payment of dividends	-4.8	-4
Other	1	0.1
Net cash provided by (used in) financing activities of continuing operations	72	24
Effect of exchange rate changes on cash and cash equivalents	0	-0.8
Net increase (decrease) in cash and cash equivalents	-5.5	-71.6
Cash and cash equivalents at beginning of period	20.9	'
Cash and cash equivalents at end of period	$15.40	$15.80

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Aug. 31, 2014
Accounting Policies [Abstract]	'
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	'
	Basis of Presentation
	Principles of consolidation
	The accompanying condensed consolidated financial statements include the accounts of Scholastic Corporation (the “Corporation”) and all wholly-owned and majority-owned subsidiaries (collectively, “Scholastic” or the “Company”). Intercompany transactions are eliminated in consolidation. These financial statements have not been audited but reflect those adjustments consisting of normal recurring items that management considers necessary for a fair presentation of financial position, results of operations, comprehensive income (loss) and cash flows. These financial statements should be read in conjunction with the consolidated financial statements and related notes in the Annual Report on Form 10-K for the fiscal year ended May 31, 2014 (the “Annual Report”).
	The Company’s fiscal year is not a calendar year. Accordingly, references in this document to fiscal 2014 relate to the twelve-month period ended May 31, 2014.
	Seasonality
	The Company’s Children’s Book Publishing and Distribution school-based book fair and book club channels and most of its magazines operate on a school-year basis; therefore, the Company’s business is highly seasonal. As a result, the Company’s revenues in the first and third quarters of the fiscal year generally are lower than its revenues in the other two fiscal quarters. Typically these school-based channel revenues are greatest in the second and fourth quarters of the fiscal year, while revenues from the sale of instructional materials and educational technology products and services are highest in the first and fourth quarters. Trade sales can vary through the year due to varying release dates of published titles. The Company generally experiences a loss from operations in the first and third quarters of each fiscal year.
	Use of estimates
	The Company’s condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States and with the instructions to Form 10-Q and Regulation S-X. The preparation of these financial statements involves the use of estimates and assumptions by management, which affects the amounts reported in the condensed consolidated financial statements and accompanying notes. The Company bases its estimates on historical experience, current business factors, and various other assumptions believed to be reasonable under the circumstances, all of which are necessary in order to form a basis for determining the carrying values of assets and liabilities. Actual results may differ from those estimates and assumptions. On an on-going basis, the Company evaluates the adequacy of its reserves and the estimates used in calculations, including, but not limited to:
	•	Accounts receivable, returns and allowances
	•	Pension and post-retirement obligations
	•	Uncertain tax positions
	•	Inventory reserves
	•	Gross profits for book fair operations during interim periods
	•	Sales taxes
	•	Royalty advance reserves
	•	Customer reward programs
	•	Impairment testing for goodwill for assessment and measurement, intangibles and other long-lived assets and investments.
	Restricted Cash
	The condensed consolidated balance sheets include restricted cash of $0.2, $0.3 and $0.2 at August 31, 2014, May 31, 2014 and August 31, 2013, respectively, which is reported in “Other current assets.”
	New Accounting Pronouncements
	In June 2014, the Financial Accounting Standards Board (the "FASB") issued an update to the authoritative guidance related to stock compensation to resolve diverse accounting treatments of awards linked to performance targets and how to account for share-based payment awards that require a specific performance target to be achieved for employees to become eligible to vest in the awards.
	The amendments require that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. A reporting entity should apply existing guidance as it relates to awards with performance conditions that affect vesting to account for such awards. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the periods for which the service has already been rendered. If it becomes probable that the performance target will be achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved.
	The amendments in this update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted.  The Company is evaluating the impact that this update will have on its consolidated financial position, results of operations and cash flows.
	In May 2014, the FASB announced that it is amending the FASB Accounting Standards Codification by issuing Topic 606, Revenue from Contracts with Customers, at the same time as the International Accounting Standards Board (the "IASB") is issuing International Financial Reporting Standards 15, Revenue from Contracts with Customers. The issuance of this authoritative guidance completes the joint effort by the FASB and the IASB to clarify the principles for recognizing revenue and improve financial reporting by creating common revenue recognition guidance.
	The authoritative guidance provides that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.
	To achieve that core principle, an entity should apply the following steps:
	•	Step 1: Identify the contract(s) with a customer.
	•	Step 2: Identify the performance obligations in the contract.
	•	Step 3: Determine the transaction price.
	•	Step 4: Allocate the transaction price to the performance obligations in the contract.
	•	Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.
	Additionally, the guidance requires improved disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. The update provides guidance for transactions that are not otherwise addressed comprehensively in authoritative guidance (for example, service revenue, contract modifications, and licenses of intellectual property). The amendments in this update are to be applied on a retrospective basis, utilizing one of two different methodologies. The amendments in this update are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is evaluating the impact of this update on its consolidated financial position, results of operations and cash flows.

Segment_Information

Segment Information	3 Months Ended
	Aug. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure	'
	Segment Information
	The Company categorizes its businesses into five reportable segments: Children’s Book Publishing and Distribution; Educational Technology and Services; Classroom and Supplemental Materials Publishing; Media, Licensing and Advertising; and International. This classification reflects the nature of products and services consistent with the method by which the Company’s chief operating decision-maker assesses operating performance and allocates resources.
	•	Children’s Book Publishing and Distribution operates as an integrated business which includes the publication and distribution of children’s books, media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. This segment is comprised of three operating segments.
	•	Educational Technology and Services includes the production and distribution to schools of curriculum-based learning technology and materials for grades pre-kindergarten to 12 in the United States, together with related implementation and assessment services and school consulting services. This segment is comprised of one operating segment.
	•	Classroom and Supplemental Materials Publishing includes the publication and distribution to schools and libraries of children’s books, classroom magazines, supplemental classroom materials and print and on-line reference and non-fiction products for grades pre-kindergarten to 12 in the United States. This segment is comprised of two operating segments.
	•	Media, Licensing and Advertising includes the production and/or distribution of digital media, consumer promotions and merchandising and advertising revenue, including sponsorship programs. This segment is comprised of two operating segments.
	•	International includes the publication and distribution of products and services outside the United States by the Company’s international operations, and its export and foreign rights businesses. This segment is comprised of three operating segments.
		Children’s			Educational		Classroom and			Media,			Overhead (1)			Total			International			Total
		Book			Technology		Supplemental			Licensing						Domestic
		Publishing			and		Materials			and
		and			Services		Publishing			Advertising
		Distribution
	Three months ended
	August 31, 2014
	Revenues	$	54.7		$	89.4	$	42.8		$	10.6		$	—		$	197.5		$	86.3		$	283.8
	Bad debt expense	0.5			0.3		—			0.2			—			1			1.2			2.2
	Depreciation and	7.9			7.5		2.9			1.6			5.7			25.6			2.4			28
	amortization (2)
	Segment operating income (loss)	(60.5		)	30.3		(0.5		)	(3.9		)	(16.9		)	(51.5		)	(1.9		)	(53.4		)
	Segment assets at 8/31/14	467.2			208.3		161.8			28.7			546.7			1,412.70			267.7			1,680.40
	Goodwill at 8/31/14	40.9			22.7		65.4			5.4			—			134.4			10.1			144.5
	Expenditures for long-lived assets including royalty advances	15.8			6		1.7			1.8			0.9			26.2			3.1			29.3
	Long-lived assets at 8/31/14	146.8			117.8		90.4			14.5			386.4			755.9			66.8			822.7
	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	8			6.3		2.6			0.6			10			27.5			1.7			$	29.2
	amortization (2)
	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			1,258.40			247.6			$	1,506.00
	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			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
	-1	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.
	-2	Includes depreciation of property, plant and equipment and amortization of intangible assets, prepublication and production costs.

Debt

Debt	3 Months Ended
	Aug. 31, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	. Debt
	The following table summarizes the carrying value of the Company's debt as of the dates indicated:
		August 31, 2014			May 31, 2014			August 31, 2013
	Loan Agreement:
	Revolving Loan (interest rates of 1.4%, 1.3%	$	185		$	120		$	15
	and 1.4%, respectively)
	Unsecured lines of credit (weighted average interest	$	13.9		$	15.8		$	14.2
	rates of 2.3%, 2.3% and 3.6%, respectively)
	Total debt	$	198.9		$	135.8		$	29.2
	Less lines of credit, short-term debt and current	(13.9		)	(15.8		)	(29.2		)
	portion of long-term debt
	Total long-term debt	$	185		$	120		$	—
	The fair value of the Company's debt approximates the carrying value for all periods presented.
	The following table sets forth the maturities of the Company’s debt obligations as of August 31, 2014, for the twelve-month periods ending August 31,
	2015	$	13.9
	2016	$	—
	2017	$	—
	2018	$	185
	Total debt	$	198.9
	Loan Agreement
	Scholastic Corporation and Scholastic Inc. (each, a “Borrower” and together, the “Borrowers”) are parties to a $425.0 credit facility with certain banks (as amended, the “Loan Agreement”), which allows the Company to borrow, repay or prepay and reborrow at any time prior to the December 5, 2017 maturity date. Under the Loan Agreement, interest on amounts borrowed thereunder is due and payable in arrears on the last day of the interest period (defined as the period commencing on the date of the advance and ending on the last day of the period selected by the Borrower at the time each advance is made). The interest pricing under the Loan Agreement is dependent upon the Borrower’s election of a rate that is either:
	•	A Base Rate equal to the higher of (i) the prime rate, (ii) the prevailing Federal Funds rate plus 0.500% or (iii) the Eurodollar Rate for a one month interest period plus 1% plus, in each case, an applicable spread ranging from 0.18% to 0.60%, as determined by the Company’s prevailing consolidated debt to total capital ratio.
	- or -
	•	A Eurodollar Rate equal to the London interbank offered rate (LIBOR) plus an applicable spread ranging from 1.18% to 1.60%, as determined by the Company’s prevailing consolidated debt to total capital ratio.
	As of August 31, 2014, the indicated spread on Base Rate Advances was 0.18% and the indicated spread on Eurodollar Rate Advances was 1.18%, both based on the Company’s prevailing consolidated debt to total capital ratio. The Loan Agreement also provides for the payment of a facility fee ranging from 0.20% to 0.40% per annum based upon the Company’s prevailing consolidated debt to total capital ratio. At August 31, 2014, the facility fee rate was 0.20%.
	As of August 31, 2014, the Company's borrowings under the Loan Agreement totaled $185.0. The Company initially incurred $120.0 of this obligation in the third quarter of fiscal 2014 to partially finance the purchase of the land and building of a previously leased property at 555 Broadway in Manhattan. In the current fiscal quarter, the Company had net borrowings of $65.0. While this obligation is not due until the December 5, 2017 maturity date, the Company may, from time to time, make payments to reduce this obligation when cash from operations becomes available.
	At August 31, 2014, the Company had open standby letters of credit totaling $0.4 under the Loan Agreement.
	The Loan Agreement contains certain covenants, including interest coverage and leverage ratio tests and certain limitations on
	the amount of dividends and other distributions, and at August 31, 2014, the Company was in compliance with these
	covenants.
	Lines of Credit
	As of August 31, 2014, the Company has domestic unsecured money market bid rate credit lines totaling $25.0. Outstanding borrowings under these credit lines were $7.5, $10.0 and $5.9 at August 31, 2014, May 31, 2014 and August 31, 2013, respectively. At August 31, 2014, the Company had open standby letters of credit totaling $4.9 under the domestic unsecured money market bid rate credit lines. As of August 31, 2014 availability under these unsecured money market bid rate credit lines totaled $12.6. All loans made under these credit lines are at the sole discretion of the lender and at an interest rate and term agreed to at the time each loan is made, but not to exceed 365 days. These credit lines may be renewed, if requested by the Company, at the option of the lender.
	As of August 31, 2014, the Company has equivalent local currency credit lines totaling $48.1.  Outstanding borrowings under these lines of credit totaled $6.4, $5.8 and $8.3 at August 31, 2014, May 31, 2014 and August 31, 2013, respectively. As of August 31, 2014 the equivalent amounts available totaled $41.7, underwritten by banks primarily in the United States, Canada and the United Kingdom. These credit lines are typically available for overdraft borrowings or loans up to 364 days and may be renewed, if requested by the Company, at the sole option of the lender.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Aug. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	Commitments and Contingencies
	Various claims and lawsuits arising in the normal course of business are pending against the Company. The Company accrues a liability for such matters when it is probable that a liability has occurred and the amount of such liability can be reasonably estimated. When only a range can be estimated, the most probable amount in the range is accrued unless no amount within the range is a better estimate than any other amount, in which case the minimum amount in the range is accrued. Legal costs associated with litigation loss contingencies are expensed in the period in which they are incurred. The Company does not expect, in the case of those various claims and lawsuits arising in the normal course of business where a loss is considered probable or reasonably possible, that the reasonably possible losses from such claims and lawsuits (either individually or in the aggregate) would have a material adverse effect on the Company’s consolidated financial position or results of operations.
	Grolier Limited is an indirect subsidiary of Scholastic Corporation, located in the United Kingdom, which ceased operations in fiscal 2008 and the operations of which are included in discontinued operations. The Company is currently in the process of settling a Grolier Limited pension plan in effect at the time it ceased operations and is evaluating the potential pension liabilities under the plan relating to the status of the plan as a defined contribution or a defined benefit plan in the context of the conversion of the plan from a defined benefit to a defined contribution plan in 1986. Based on the information currently available to it, the Company does not expect to incur any additional material liability in resolving this issue and settling the plan.

Earnings_Loss_Per_Share

Earnings (Loss) Per Share	3 Months Ended
	Aug. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Earnings (Loss) Per Share
	The following table summarizes the reconciliation of the numerators and denominators for the basic and diluted earnings (loss) per share computation for the three month periods ended August 31, 2014 and 2013, respectively:
		Three months ended
		August 31, 2014			August 31, 2013
	Earnings (loss) from continuing operations attributable to Class A and Common Shares	$	(34.0	)	$	(30.1	)
	Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax	(0.1		)	0.2
	Net income (loss) attributable to Class A and Common Shares	$	(34.1	)	$	(29.9	)
	Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)	32.4			31.8
	Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions)	*			*
	Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions)	*			*
	Earnings (loss) per share of Class A Stock and Common Stock:
	Basic earnings (loss) per share:
	Earnings (loss) from continuing operations	$	(1.05	)	$	(0.94	)
	Earnings (loss) from discontinued operations, net of tax	$	(0.00	)	$	0
	Net income (loss)	$	(1.05	)	$	(0.94	)
	Diluted earnings (loss) per share:
	Earnings (loss) from continuing operations	$	(1.05	)	$	(0.94	)
	Earnings (loss) from discontinued operations, net of tax	$	(0.00	)	$	0
	Net income (loss)	$	(1.05	)	$	(0.94	)
	* In each of the three month periods ended August 31, 2014 and 2013, the Company experienced a Loss from continuing operations and therefore did not report any dilutive share impact.
	The following table sets forth Options outstanding pursuant to stock-based compensation plans as of the dates indicated:
		31-Aug-14		31-Aug-13
	Options outstanding pursuant to stock-based compensation plans (in millions)	4		4
	In periods of net loss, dilutive earnings per share are not reported, as the effect of the potentially dilutive shares becomes anti-dilutive.
	In a period in which the Company reports a discontinued operation, Earnings (loss) from continuing operations is used as the “control number” in determining whether potentially dilutive common shares are dilutive or anti-dilutive.
	A portion of the Company’s RSUs which are granted to employees participate in earnings through cumulative non-forfeitable dividends payable to the employees upon vesting of the RSUs. Accordingly, the Company measures earnings per share based upon the lower of the Two-class method or the Treasury Stock method. Since, under the Two-class method, losses are not allocated to the participating securities, in periods of loss the Two-class method is not applicable.
	As of August 31, 2014, $13.4 remains available for future purchases of common shares under the current repurchase authorization of the Board of Directors. See Note 10, “Treasury Stock,” for a more complete description of the Company’s share buy-back program.

Goodwill_and_Other_Intangibles

Goodwill and Other Intangibles	3 Months Ended
	Aug. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure	'
	Goodwill and Other Intangibles
	The Company assesses goodwill and other intangible assets with indefinite lives annually or more frequently if impairment indicators are such that the goodwill is more likely than not impaired. The Company continues to monitor impairment indicators in light of reduced earnings, 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:
		Three months ended			Twelve months ended			Three months ended
		August 31, 2014			31-May-14			August 31, 2013
	Gross beginning balance	$	178.7		$	178.7		$	178.7
	Accumulated impairment	(34.2		)	(20.8		)	(20.8		)
	Beginning balance	$	144.5		$	157.9		$	157.9
	Impairment charge	—			(13.4		)	—
	Foreign currency translation	0			0			0
	Other	—			—			—
	Gross ending balance	$	178.7		$	178.7		$	178.7
	Accumulated impairment	(34.2		)	(34.2		)	(20.8		)
	Ending balance	$	144.5		$	144.5		$	157.9
	The following table summarizes the activity in Total other intangibles for the periods indicated:
		Three months ended			Twelve months ended			Three months ended
		August 31, 2014			31-May-14			August 31, 2013
	Beginning balance - customer lists	$	2.4		$	3.4		$	3.4
	Additions	0.6			—			—
	Amortization expense	(0.2		)	(1.0		)	(0.2		)
	Foreign currency translation	0			0			0
	Customer lists, net of accumulated amortization	$	2.8		$	2.4		$	3.2
	of $3.5, $3.3 and $2.5, respectively
	Beginning balance - other intangibles	$	7.6		$	9.2		$	9.2
	Additions	—			—			—
	Amortization expense	(0.4		)	(1.4		)	(0.4		)
	Foreign currency translation	0			0			0
	Other	—			(0.2		)	—
	Other intangibles, net of accumulated amortization	$	7.2		$	7.6		$	8.8
	of $13.8, $13.4 and $12.4, respectively
	Total other intangibles subject to amortization	$	10		$	10		$	12
	Trademarks and other	$2.20			$2.20			$2.00
	Total other intangibles not subject to amortization	$	2.2		$	2.2		$	2
	Total other intangibles	$	12.2		$	12.2		$	14
	Amortization expense for Total other intangibles was $0.6 and $0.6 for the three months ended August 31, 2014 and 2013, respectively. Intangible assets with definite lives consist principally of customer lists, covenants not to compete and trademark rights. 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 6.5 years.

Investments

Investments	3 Months Ended
	Aug. 31, 2014
Equity Method And Cost Method Investments [Abstract]	'
Equity Method And Cost Method Investments	'
	Investments
	Included in “Other assets and deferred charges” on the Company’s condensed consolidated balance sheets were investments of $18.8, $18.4 and $21.9 at August 31, 2014, May 31, 2014 and August 31, 2013, respectively.
	In the first quarter of fiscal 2014, the Company acquired a 20% interest in a software development business for $1.0 in cash, which was accounted for using the equity method of accounting. The investment was determined to be other than temporarily impaired and the Company recognized a loss of $1.0 in the fourth quarter of the fiscal year ended May 31, 2014.
	The Company owns a 15% non-controlling interest in a book distribution business located in the UK, which was accounted for as a cost-basis investment. A decline in results for this operation led management to determine that this investment was other than temporarily impaired and the Company recognized a loss of $4.8 in respect of this investment in the fiscal year ended May 31, 2014. On September 12, 2014, the Company sold its 15% interest in this business for approximately $0.7.
	The Company’s 26.2% non-controlling interest in a children’s book publishing business located in the UK is accounted for using the equity method of accounting. Income from equity investments totaled $0.7 and $0.7 for the three months ended August 31, 2014 and 2013, respectively.
	The following table summarizes the Company’s investments as of the dates indicated:
		August 31, 2014		May 31, 2014		August 31, 2013
	Cost method investments:
	UK - based	$	—	$	—	$	4.7
	Total cost method investments	$	—	$	—	$	4.7
	Equity method investments:
	UK - based	$	18.8	$	18.3	$	16.2
	Other	0		0.1		1
	Total equity method investments	$	18.8	$	18.4	$	17.2
	Total	$	18.8	$	18.4	$	21.9

Employee_Benefit_Plans

Employee Benefit Plans	3 Months Ended
	Aug. 31, 2014
Compensation and Retirement Disclosure [Abstract]	'
Pension and Other Postretirement Benefits Disclosure	'
	Employee Benefit Plans
	The following table sets forth components of the net periodic benefit costs for the periods indicated under the Company’s cash balance retirement plan for its United States employees meeting certain eligibility requirements (the “U.S. Pension Plan”) and the defined benefit pension plan of Scholastic Ltd., an indirect subsidiary of Scholastic Corporation located in the United Kingdom (the “UK Pension Plan” and, together with the U.S. Pension Plan, the “Pension Plans”). Also included are the post-retirement benefits, consisting of certain healthcare and life insurance benefits provided by the Company to its eligible retired United States-based employees (the “Post-Retirement Benefits”). The Pension Plans and Post-Retirement Benefits include participants associated with both continuing operations and discontinued operations.
		Pension Plans						Post-Retirement Benefits
		Three months ended August 31,						Three months ended August 31,
		2014			2013			2014		2013
	Components of net periodic benefit (credit) cost:
	Service cost	$	—		$	—		$	0	$	0
	Interest cost	1.7			1.8			0.3		0.3
	Expected return on assets	(2.5		)	(3.1		)	—		—
	Net amortization of prior service credit	—			—			0		(0.0		)
	Amortization of (gain) loss	0.3			0.4			0.4		0.6
	Net periodic benefit (credit) cost	$	(0.5	)	$	(0.9	)	$	0.7	$	0.9
	The Company’s funding practice with respect to the Pension Plans is to contribute on an annual basis at least the minimum amounts required by applicable laws. For the three months ended August 31, 2014, the Company made no contribution to the the U.S. Pension Plan and contributed $0.3 to the UK Pension Plan.
	The Company expects, based on actuarial calculations, to contribute cash of approximately $1.4 to the Pension Plans for the fiscal year ending May 31, 2015.
	In the current fiscal year, the U.S. Pension Plan's funding status is sufficient to allow participants to receive "lump sum" payments at the participant's request. If these requests exceed $5.2 in the current fiscal year, the Company will recognize a partial settlement of the plan.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
	Aug. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments	'
	Stock-Based Compensation
	The following table summarizes stock-based compensation expense included in Selling, general and administrative expenses for the periods indicated:
		Three months ended
		August 31, 2014		August 31, 2013
	Stock option expense	$	0.8	$	0.2
	Restricted stock unit expense	0.7		0.8
	Management stock purchase plan	0		0
	Employee stock purchase plan	0.1		0.1
	Total stock-based compensation expense	$	1.6	$	1.1
	During each of the three month periods ended August 31, 2014 and 2013, respectively, approximately 0.5 million and 0.4 million shares of Common Stock were issued by the Corporation pursuant to its stock-based compensation plans.

Treasury_Stock

Treasury Stock	3 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Treasury Stock	'
	Treasury Stock
	The Board of Directors has authorized the Company to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions. The table below represents the remaining Board authorization:
	Board Authorization	Amount
	Sep-10	$	44		(a)
	Less repurchases made under this authorization	(30.6		)
	Remaining Board authorization at August 31, 2014	$	13.4
	(a)  Represents the remainder of a $200.0 authorization after giving effect to the purchase of 5,199,699 shares at $30.00 per share pursuant to a large share repurchase in the form of a modified Dutch auction tender offer that was completed by the Company on November 3, 2010 for a total cost of $156.0, excluding related fees and expenses.
	There were no repurchases of Common Stock made during the first fiscal quarter of 2015. The Company’s repurchase program may be suspended at any time without prior notice.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Aug. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures	'
	Fair Value Measurements
	The Company determines the appropriate level in the fair value hierarchy for each fair value measurement of assets and liabilities carried at fair value on a recurring basis in the Company’s financial statements. The fair value hierarchy prioritizes the inputs, which refer to assumptions that market participants would use in pricing an asset or liability, based upon the highest and best use, into three levels as follows:
	•	Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date.
	•	Level 2 Observable inputs other than unadjusted quoted prices in active markets for identical assets or liabilities such as
		○	Quoted prices for similar assets or liabilities in active markets
		○	Quoted prices for identical or similar assets or liabilities in inactive markets
		○	Inputs other than quoted prices that are observable for the asset or liability
		○	Inputs that are derived principally from or corroborated by observable market data by correlation or other means
	•	Level 3 Unobservable inputs in which there is little or no market data available, which are significant to the fair value measurement and require the Company to develop its own assumptions.
	The Company’s financial assets and liabilities measured at fair value consisted of cash and cash equivalents, debt and foreign currency forward contracts. Cash and cash equivalents are comprised of bank deposits and short-term investments, such as money market funds, the fair value of which is based on quoted market prices, a Level 1 fair value measure. The Company employs Level 2 fair value measurements for the disclosure of the fair value of its various lines of credit. See Note 3, “Debt,” for a more complete description of fair value measurements employed. The fair values of foreign currency forward contracts, used by the Company to manage the impact of foreign exchange rate changes to the financial statements, are based on quotations from financial institutions, a Level 2 fair value measure. See Note 13, “Derivatives and Hedging,” for a more complete description of fair value measurements employed.
	Non-financial assets and liabilities for which the Company employs fair value measures on a non-recurring basis include:
	•	Long-lived assets
	•	Investments
	•	Assets acquired in a business combination
	•	Goodwill and indefinite-lived intangible assets
	•	Long-lived assets held for sale
	Level 2 and Level 3 inputs are employed by the Company in the fair value measurement of these assets and liabilities.

Income_Taxes_and_Other_Taxes

Income Taxes and Other Taxes	3 Months Ended
	Aug. 31, 2014
Income Tax And Non Income Tax Disclosure [Abstract]	'
Income Tax And Non Income Tax Disclosure	'
	Income Taxes and Other Taxes
	Income Taxes
	In calculating the provision for income taxes on an interim basis, the Company uses an estimate of the annual effective tax rate
	based upon the facts and circumstances known and applies that rate to its year-to-date earnings or losses. The Company’s
	effective tax rate is based on expected income and statutory tax rates and takes into consideration permanent differences between financial statement and tax return income applicable to the Company in the various jurisdictions in which the Company operates. The effect of discrete items, such as changes in estimates, changes in enacted tax laws or rates or tax status, and unusual or infrequently occurring events, is recognized in the interim period in which the discrete item occurs. The accounting estimates used to compute the provision for income taxes may change as new events occur, additional information is obtained or as the result of new judicial interpretations or regulatory or tax law changes.
	The Company’s annual effective tax rate, exclusive of discrete items and unbenefitted foreign losses, used to calculate the interim tax provision is expected to be 39.0% resulting in a tax rate, inclusive of discrete items and unbenefitted foreign losses,
	of 37.3% for the three month period ended August 31, 2014.
	The Company, including its domestic subsidiaries, files a consolidated U.S. income tax return, and also files tax returns in various states and other local jurisdictions. Also, certain subsidiaries of the Company file income tax returns in foreign jurisdictions. The Company is routinely audited by various tax authorities. The Company is currently under audit by the Internal Revenue Service for fiscal years ended May 31, 2011, 2012 and 2013.
	The Company is currently under audit by New York State for fiscal years ended May 31, 2009, 2010, 2011 and 2012 and by New York City for fiscal years ended May 31, 2008, 2009 and 2010. If any of these tax examinations are concluded within the next twelve months, the Company will make any necessary adjustments to its unrecognized tax benefits.
	Non-income Taxes
	The Company is subject to tax examinations for sales-based taxes. A number of these examinations are ongoing and, in certain cases, have resulted in assessments from taxing authorities. The Company assesses sales tax contingencies for each jurisdiction in which it operates, considering all relevant facts including statutes, regulations, case law and experience. Where a sales tax liability with respect to a particular jurisdiction is probable and can be reliably estimated, the Company has made accruals for these matters which are reflected in the Company’s condensed consolidated financial statements.

Derivatives_and_Hedging

Derivatives and Hedging	3 Months Ended
	Aug. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedging Activities Disclosure	'
	Derivatives and Hedging
	The Company enters into foreign currency derivative contracts to economically hedge the exposure to foreign currency fluctuations associated with the forecasted purchase of inventory and the foreign exchange risk associated with certain receivables denominated in foreign currencies. These derivative contracts are economic hedges and are not designated as cash flow hedges. The Company marks-to-market these instruments and records the changes in the fair value of these items in current earnings, and it recognizes the unrealized gain or loss in other current assets or liabilities. Unrealized losses of $0.3 and unrealized gains of $0.4 were recognized at August 31, 2014 and August 31, 2013, respectively.

Other_Accrued_Expenses

Other Accrued Expenses	3 Months Ended
	Aug. 31, 2014
Other Accrued Expenses Disclosure [Abstract]	'
Other Accrued Expenses Disclosure	'
	Other Accrued Expenses
	Other accrued expenses consist of the following as of the dates indicated:
		August 31, 2014		May 31, 2014		August 31, 2013
	Accrued payroll, payroll taxes and benefits	$	40.4	$	41.7	$	40.3
	Accrued bonus and commissions	23.3		36.9		20.7
	Accrued other taxes	23.2		27.5		24.4
	Accrued advertising and promotions	29.8		35.6		33.1
	Accrued income taxes	3.5		4.7		4.4
	Accrued insurance	8.6		8.3		8.9
	Other accrued expenses	29.2		30		28.2
	Total accrued expenses	$	158	$	184.7	$	160

Subsequent_Events

Subsequent Events	3 Months Ended
	Aug. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	15. Subsequent Events
	The Company’s Board of Directors declared a quarterly cash dividend of $0.15 per share on the Company’s Class A and Common Stock for the second quarter of fiscal 2015. The dividend is payable on December 15, 2014 to shareholders of record as of the close of business on October 31, 2014.
	On September 12, 2014, the Company sold its interest in a cost method investment for approximately $0.7. (see Note 7, "Investments").

Basis_of_Presentation_Accounti

Basis of Presentation Accounting Policies, by Policy (Policies)	3 Months Ended
	Aug. 31, 2014
Accounting Policies [Abstract]	'
Consolidation, Policy	'
	Principles of consolidation
	The accompanying condensed consolidated financial statements include the accounts of Scholastic Corporation (the “Corporation”) and all wholly-owned and majority-owned subsidiaries (collectively, “Scholastic” or the “Company”). Intercompany transactions are eliminated in consolidation. These financial statements have not been audited but reflect those adjustments consisting of normal recurring items that management considers necessary for a fair presentation of financial position, results of operations, comprehensive income (loss) and cash flows. These financial statements should be read in conjunction with the consolidated financial statements and related notes in the Annual Report on Form 10-K for the fiscal year ended May 31, 2014 (the “Annual Report”).
	The Company’s fiscal year is not a calendar year. Accordingly, references in this document to fiscal 2014 relate to the twelve-month period ended May 31, 2014.
Seasonality, Policy	'
	Seasonality
	The Company’s Children’s Book Publishing and Distribution school-based book fair and book club channels and most of its magazines operate on a school-year basis; therefore, the Company’s business is highly seasonal. As a result, the Company’s revenues in the first and third quarters of the fiscal year generally are lower than its revenues in the other two fiscal quarters. Typically these school-based channel revenues are greatest in the second and fourth quarters of the fiscal year, while revenues from the sale of instructional materials and educational technology products and services are highest in the first and fourth quarters. Trade sales can vary through the year due to varying release dates of published titles. The Company generally experiences a loss from operations in the first and third quarters of each fiscal year.
Use of Estimates, Policy	'
	Use of estimates
	The Company’s condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States and with the instructions to Form 10-Q and Regulation S-X. The preparation of these financial statements involves the use of estimates and assumptions by management, which affects the amounts reported in the condensed consolidated financial statements and accompanying notes. The Company bases its estimates on historical experience, current business factors, and various other assumptions believed to be reasonable under the circumstances, all of which are necessary in order to form a basis for determining the carrying values of assets and liabilities. Actual results may differ from those estimates and assumptions. On an on-going basis, the Company evaluates the adequacy of its reserves and the estimates used in calculations, including, but not limited to:
	•	Accounts receivable, returns and allowances
	•	Pension and post-retirement obligations
	•	Uncertain tax positions
	•	Inventory reserves
	•	Gross profits for book fair operations during interim periods
	•	Sales taxes
	•	Royalty advance reserves
	•	Customer reward programs
	•	Impairment testing for goodwill for assessment and measurement, intangibles and other long-lived assets and investments.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy	'
	Restricted Cash
	The condensed consolidated balance sheets include restricted cash of $0.2, $0.3 and $0.2 at August 31, 2014, May 31, 2014 and August 31, 2013, respectively, which is reported in “Other current assets.”
New Accounting Pronouncements, Policy	'
	New Accounting Pronouncements

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Aug. 31, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment	'
		Children’s			Educational		Classroom and			Media,			Overhead (1)			Total			International			Total
		Book			Technology		Supplemental			Licensing						Domestic
		Publishing			and		Materials			and
		and			Services		Publishing			Advertising
		Distribution
	Three months ended
	August 31, 2014
	Revenues	$	54.7		$	89.4	$	42.8		$	10.6		$	—		$	197.5		$	86.3		$	283.8
	Bad debt expense	0.5			0.3		—			0.2			—			1			1.2			2.2
	Depreciation and	7.9			7.5		2.9			1.6			5.7			25.6			2.4			28
	amortization (2)
	Segment operating income (loss)	(60.5		)	30.3		(0.5		)	(3.9		)	(16.9		)	(51.5		)	(1.9		)	(53.4		)
	Segment assets at 8/31/14	467.2			208.3		161.8			28.7			546.7			1,412.70			267.7			1,680.40
	Goodwill at 8/31/14	40.9			22.7		65.4			5.4			—			134.4			10.1			144.5
	Expenditures for long-lived assets including royalty advances	15.8			6		1.7			1.8			0.9			26.2			3.1			29.3
	Long-lived assets at 8/31/14	146.8			117.8		90.4			14.5			386.4			755.9			66.8			822.7
	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	8			6.3		2.6			0.6			10			27.5			1.7			$	29.2
	amortization (2)
	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			1,258.40			247.6			$	1,506.00
	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			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
	-1	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.
	-2	Includes depreciation of property, plant and equipment and amortization of intangible assets, prepublication and production costs.

Debt_Tables

Debt (Tables)	3 Months Ended
	Aug. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Debt [Table Text Block]	'
	The following table summarizes the carrying value of the Company's debt as of the dates indicated:
		August 31, 2014			May 31, 2014			August 31, 2013
	Loan Agreement:
	Revolving Loan (interest rates of 1.4%, 1.3%	$	185		$	120		$	15
	and 1.4%, respectively)
	Unsecured lines of credit (weighted average interest	$	13.9		$	15.8		$	14.2
	rates of 2.3%, 2.3% and 3.6%, respectively)
	Total debt	$	198.9		$	135.8		$	29.2
	Less lines of credit, short-term debt and current	(13.9		)	(15.8		)	(29.2		)
	portion of long-term debt
	Total long-term debt	$	185		$	120		$	—
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The following table sets forth the maturities of the Company’s debt obligations as of August 31, 2014, for the twelve-month periods ending August 31,
	2015	$	13.9
	2016	$	—
	2017	$	—
	2018	$	185
	Total debt	$	198.9

Earnings_Loss_Per_Share_Tables

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Aug. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
	The following table summarizes the reconciliation of the numerators and denominators for the basic and diluted earnings (loss) per share computation for the three month periods ended August 31, 2014 and 2013, respectively:
		Three months ended
		August 31, 2014			August 31, 2013
	Earnings (loss) from continuing operations attributable to Class A and Common Shares	$	(34.0	)	$	(30.1	)
	Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax	(0.1		)	0.2
	Net income (loss) attributable to Class A and Common Shares	$	(34.1	)	$	(29.9	)
	Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)	32.4			31.8
	Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions)	*			*
	Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions)	*			*
	Earnings (loss) per share of Class A Stock and Common Stock:
	Basic earnings (loss) per share:
	Earnings (loss) from continuing operations	$	(1.05	)	$	(0.94	)
	Earnings (loss) from discontinued operations, net of tax	$	(0.00	)	$	0
	Net income (loss)	$	(1.05	)	$	(0.94	)
	Diluted earnings (loss) per share:
	Earnings (loss) from continuing operations	$	(1.05	)	$	(0.94	)
	Earnings (loss) from discontinued operations, net of tax	$	(0.00	)	$	0
	Net income (loss)	$	(1.05	)	$	(0.94	)
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
	The following table sets forth Options outstanding pursuant to stock-based compensation plans as of the dates indicated:
		31-Aug-14		31-Aug-13
	Options outstanding pursuant to stock-based compensation plans (in millions)	4		4

Goodwill_and_Other_Intangibles1

Goodwill and Other Intangibles (Tables)	3 Months Ended
	Aug. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Summary of Activity in Goodwill for the Periods Indicated	'
	The following table summarizes the activity in Goodwill for the periods indicated:
		Three months ended			Twelve months ended			Three months ended
		August 31, 2014			31-May-14			August 31, 2013
	Gross beginning balance	$	178.7		$	178.7		$	178.7
	Accumulated impairment	(34.2		)	(20.8		)	(20.8		)
	Beginning balance	$	144.5		$	157.9		$	157.9
	Impairment charge	—			(13.4		)	—
	Foreign currency translation	0			0			0
	Other	—			—			—
	Gross ending balance	$	178.7		$	178.7		$	178.7
	Accumulated impairment	(34.2		)	(34.2		)	(20.8		)
	Ending balance	$	144.5		$	144.5		$	157.9
Summary of Activity in Total Other Intangibles for the Periods Indicated	'
	The following table summarizes the activity in Total other intangibles for the periods indicated:
		Three months ended			Twelve months ended			Three months ended
		August 31, 2014			31-May-14			August 31, 2013
	Beginning balance - customer lists	$	2.4		$	3.4		$	3.4
	Additions	0.6			—			—
	Amortization expense	(0.2		)	(1.0		)	(0.2		)
	Foreign currency translation	0			0			0
	Customer lists, net of accumulated amortization	$	2.8		$	2.4		$	3.2
	of $3.5, $3.3 and $2.5, respectively
	Beginning balance - other intangibles	$	7.6		$	9.2		$	9.2
	Additions	—			—			—
	Amortization expense	(0.4		)	(1.4		)	(0.4		)
	Foreign currency translation	0			0			0
	Other	—			(0.2		)	—
	Other intangibles, net of accumulated amortization	$	7.2		$	7.6		$	8.8
	of $13.8, $13.4 and $12.4, respectively
	Total other intangibles subject to amortization	$	10		$	10		$	12
	Trademarks and other	$2.20			$2.20			$2.00
	Total other intangibles not subject to amortization	$	2.2		$	2.2		$	2
	Total other intangibles	$	12.2		$	12.2		$	14

Investments_Tables

Investments (Tables)	3 Months Ended
	Aug. 31, 2014
Equity Method And Cost Method Investments [Abstract]	'
Schedule Of Cost And Equity Method Investments	'
	The following table summarizes the Company’s investments as of the dates indicated:
		August 31, 2014		May 31, 2014		August 31, 2013
	Cost method investments:
	UK - based	$	—	$	—	$	4.7
	Total cost method investments	$	—	$	—	$	4.7
	Equity method investments:
	UK - based	$	18.8	$	18.3	$	16.2
	Other	0		0.1		1
	Total equity method investments	$	18.8	$	18.4	$	17.2
	Total	$	18.8	$	18.4	$	21.9

Employee_Benefit_Plans_Tables

Employee Benefit Plans (Tables)	3 Months Ended
	Aug. 31, 2014
Compensation and Retirement Disclosure [Abstract]	'
Schedule of Net Benefit Costs	'
	The following table sets forth components of the net periodic benefit costs for the periods indicated under the Company’s cash balance retirement plan for its United States employees meeting certain eligibility requirements (the “U.S. Pension Plan”) and the defined benefit pension plan of Scholastic Ltd., an indirect subsidiary of Scholastic Corporation located in the United Kingdom (the “UK Pension Plan” and, together with the U.S. Pension Plan, the “Pension Plans”). Also included are the post-retirement benefits, consisting of certain healthcare and life insurance benefits provided by the Company to its eligible retired United States-based employees (the “Post-Retirement Benefits”). The Pension Plans and Post-Retirement Benefits include participants associated with both continuing operations and discontinued operations.
		Pension Plans						Post-Retirement Benefits
		Three months ended August 31,						Three months ended August 31,
		2014			2013			2014		2013
	Components of net periodic benefit (credit) cost:
	Service cost	$	—		$	—		$	0	$	0
	Interest cost	1.7			1.8			0.3		0.3
	Expected return on assets	(2.5		)	(3.1		)	—		—
	Net amortization of prior service credit	—			—			0		(0.0		)
	Amortization of (gain) loss	0.3			0.4			0.4		0.6
	Net periodic benefit (credit) cost	$	(0.5	)	$	(0.9	)	$	0.7	$	0.9

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	3 Months Ended
	Aug. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan	'
	The following table summarizes stock-based compensation expense included in Selling, general and administrative expenses for the periods indicated:
		Three months ended
		August 31, 2014		August 31, 2013
	Stock option expense	$	0.8	$	0.2
	Restricted stock unit expense	0.7		0.8
	Management stock purchase plan	0		0
	Employee stock purchase plan	0.1		0.1
	Total stock-based compensation expense	$	1.6	$	1.1

Treasury_Stock_Tables

Treasury Stock (Tables)	3 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Tabular Disclosure of an Entity's Treasury Stock	'
	The Board of Directors has authorized the Company to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions. The table below represents the remaining Board authorization:
	Board Authorization	Amount
	Sep-10	$	44		(a)
	Less repurchases made under this authorization	(30.6		)
	Remaining Board authorization at August 31, 2014	$	13.4

Other_Accrued_Expenses_Tables

Other Accrued Expenses (Tables)	3 Months Ended
	Aug. 31, 2014
Other Accrued Expenses Disclosure [Abstract]	'
Schedule of Other Accrued Expenses	'
	Other accrued expenses consist of the following as of the dates indicated:
		August 31, 2014		May 31, 2014		August 31, 2013
	Accrued payroll, payroll taxes and benefits	$	40.4	$	41.7	$	40.3
	Accrued bonus and commissions	23.3		36.9		20.7
	Accrued other taxes	23.2		27.5		24.4
	Accrued advertising and promotions	29.8		35.6		33.1
	Accrued income taxes	3.5		4.7		4.4
	Accrued insurance	8.6		8.3		8.9
	Other accrued expenses	29.2		30		28.2
	Total accrued expenses	$	158	$	184.7	$	160

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
In Millions, unless otherwise specified
Accounting Policies [Abstract]	'	'	'
Restricted Cash (in Dollars)	$0.20	$0.30	$0.20

Segment_Information_Details_Sc

Segment Information (Details) - Schedule of segment reporting information (USD $)	3 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014		Aug. 31, 2013		31-May-14	31-May-13
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	$283.80		$276.30		'	'
Bad debt expense	2.2		1.4		'	'
Depreciation & Amortization, including prepublication and production costs	28		29.2		'	'
Segment operating income (loss)	-53.4		-45.9		'	'
Segment assets	1,680.40		1,506		'	'
Goodwill	144.5		157.9		144.5	157.9
Expenditures for long-lived assets including royalty advances	29.3		30.7		'	'
Long-lived assets	822.7		685.5		'	'
Children's Book Publishing and Distribution	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	54.7	[1]	54.6	[1]	'	'
Bad debt expense	0.5	[1]	0.4	[1]	'	'
Depreciation & Amortization, including prepublication and production costs	7.9	[1],[2]	8	[1],[2]	'	'
Segment operating income (loss)	-60.5	[1]	-61.5	[1]	'	'
Segment assets	467.2		464.2		'	'
Goodwill	40.9		54.3		'	'
Expenditures for long-lived assets including royalty advances	15.8	[1]	11.4	[1]	'	'
Long-lived assets	146.8		163.6		'	'
Educational Technology and Services	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	89.4		94.8		'	'
Bad debt expense	0.3		0.4		'	'
Depreciation & Amortization, including prepublication and production costs	7.5	[2]	6.3	[2]	'	'
Segment operating income (loss)	30.3		36.2		'	'
Segment assets	208.3		207.8		'	'
Goodwill	22.7		22.7		'	'
Expenditures for long-lived assets including royalty advances	6		8.5		'	'
Long-lived assets	117.8		118.6		'	'
Classroom and Supplemental Materials Publishing	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	42.8		37.8		'	'
Bad debt expense	0		0		'	'
Depreciation & Amortization, including prepublication and production costs	2.9	[2]	2.6	[2]	'	'
Segment operating income (loss)	-0.5		-1.6		'	'
Segment assets	161.8		153.6		'	'
Goodwill	65.4		65.4		'	'
Expenditures for long-lived assets including royalty advances	1.7		2		'	'
Long-lived assets	90.4		90.5		'	'
Media, Licensing and Advertising	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	10.6	[1]	10.4	[1]	'	'
Bad debt expense	0.2	[1]	0	[1]	'	'
Depreciation & Amortization, including prepublication and production costs	1.6	[1],[2]	0.6	[1],[2]	'	'
Segment operating income (loss)	-3.9	[1]	-1.9	[1]	'	'
Segment assets	28.7		25.1		'	'
Goodwill	5.4		5.4		'	'
Expenditures for long-lived assets including royalty advances	1.8	[1]	1.1	[1]	'	'
Long-lived assets	14.5		12.2		'	'
Overhead	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	0	[1],[3]	0	[1],[3]	'	'
Bad debt expense	0	[1],[3]	0	[1],[3]	'	'
Depreciation & Amortization, including prepublication and production costs	5.7	[1],[2],[3]	10	[1],[2],[3]	'	'
Segment operating income (loss)	-16.9	[1],[3]	-16.4	[1],[3]	'	'
Segment assets	546.7		407.7		'	'
Goodwill	0		0		'	'
Expenditures for long-lived assets including royalty advances	0.9	[1],[3]	5.2	[1],[3]	'	'
Long-lived assets	386.4		236.2		'	'
Total Domestic	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	197.5		197.6		'	'
Bad debt expense	1		0.8		'	'
Depreciation & Amortization, including prepublication and production costs	25.6		27.5		'	'
Segment operating income (loss)	-51.5		-45.2		'	'
Segment assets	1,412.70		1,258.40		'	'
Goodwill	134.4		147.8		'	'
Expenditures for long-lived assets including royalty advances	26.2		28.2		'	'
Long-lived assets	755.9		621.1		'	'
International Segment	'		'		'	'
Segment Reporting Information [Line Items]	'		'		'	'
Revenues	86.3		78.7		'	'
Bad debt expense	1.2		0.6		'	'
Depreciation & Amortization, including prepublication and production costs	2.4	[2]	1.7	[2]	'	'
Segment operating income (loss)	-1.9		-0.7		'	'
Segment assets	267.7		247.6		'	'
Goodwill	10.1		10.1		'	'
Expenditures for long-lived assets including royalty advances	3.1		2.5		'	'
Long-lived assets	$66.80		$64.40		'	'
[1]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjljZjczZTRmMzYyYjQ0YjhiMGEyOTNmYTYwMGQ4OWE0fFRleHRTZWxlY3Rpb246QjkxOEI3NURBNzQyREQyNDAzNEREQTM4NzhBMkM0MkQM}
[2]	Includes depreciation of property, plant and equipment and amortization of intangible assets, prepublication and production costs.
[3]	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.

Debt_Details

Debt (Details) (USD $)

3 Months Ended

3 Months Ended

3 Months Ended

3 Months Ended

Feb. 28, 2014

Aug. 31, 2014

31-May-14

Aug. 31, 2013

Aug. 31, 2014

Feb. 28, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

Aug. 31, 2014

31-May-14

Aug. 31, 2013

Aug. 31, 2014

Aug. 31, 2014

31-May-14

Aug. 31, 2013

Loan Agreement

Loan Agreement

Minimum

Maximum

Loan Agreement

Loan Agreement

Loan Agreement

Loan Agreement

Loan Agreement

Loan Agreement

Loan Agreement

Unsecured Debt [Member]

Unsecured Debt [Member]

Unsecured Debt [Member]

Unsecured Debt [Member]

Unsecured Debt [Member]

Unsecured Debt [Member]

Unsecured Debt [Member]

Loan Agreement

Loan Agreement

Federal Funds Rate [Member]

Eurodollar [Member]

Eurodollar [Member]

Base Rate [Member]

Base Rate [Member]

London Interbank Offered Rate (LIBOR) [Member]

London Interbank Offered Rate (LIBOR) [Member]

Domestic Line of Credit [Member]

Domestic Line of Credit [Member]

Domestic Line of Credit [Member]

Foreign Line of Credit [Member]

Foreign Line of Credit [Member]

Foreign Line of Credit [Member]

Foreign Line of Credit [Member]

Minimum

Minimum

Maximum

Minimum

Maximum

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

Debt (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Effective Income Tax Rate Reconciliation, Percent

37.30%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Current Borrowing Capacity

'

'

'

'

$425,000,000

'

'

'

'

'

'

'

'

'

'

$25

'

'

$48.10

'

'

'

Line of Credit Facility, Expiration Date

'

'

'

'

5-Dec-17

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Basis Spread on Variable Rate

'

'

'

'

'

'

'

'

0.50%

1.00%

0.18%

0.18%

0.60%

1.18%

1.60%

'

'

'

'

'

'

'

Line Of Credit Facility Fee Percentage

'

'

'

'

0.20%

'

0.20%

0.40%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Amount Outstanding

'

'

'

'

185,000,000

0

'

'

'

'

'

'

'

'

'

0

0

0

'

'

'

'

Line of Credit Facility, Average Outstanding Amount

'

'

'

'

65

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Credit Lines Available

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

Line of Credit Facility, Expiration Period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'365 days

'

'

'364 days

'

'

'

Debt, Long-term and Short-term, Combined Amount

'

198,900,000

135,800,000

29,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

0

StandbyLettersofCredit

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

4.9

'

'

'

'

'

'

Line of Credit Facility, Remaining Borrowing Capacity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$12.60

'

'

'

'

'

'

Debt_Details_Schedule_of_debt

Debt (Details) - Schedule of debt (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
In Millions, unless otherwise specified
Debt (Details) - Schedule of debt [Line Items]	'	'	'
Debt Long Term And Short Term Outstanding, Carrying Value	$198.90	$135.80	$29.20
Less lines of credit, short-term debt and current portion of long-term debt	-13.9	-15.8	-29.2
Total long-term debt	185	120	0
Revolving Credit Facility	'	'	'
Debt (Details) - Schedule of debt [Line Items]	'	'	'
Line of Credit Facility, Amount Outstanding	185	120	15
Line of Credit [Member]	'	'	'
Debt (Details) - Schedule of debt [Line Items]	'	'	'
Debt Long Term And Short Term Outstanding, Carrying Value	$13.90	$15.80	$14.20

Debt_Details_Schedule_of_debt_

Debt (Details) - Schedule of debt (Parentheticals)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
Line of Credit [Member]	'	'	'
Debt (Details) - Schedule of debt (Parentheticals) [Line Items]	'	'	'
Short-term Debt, Weighted Average Interest Rate	2.30%	2.30%	3.60%
Revolving Credit Facility	'	'	'
Debt (Details) - Schedule of debt (Parentheticals) [Line Items]	'	'	'
Debt Instrument, Interest Rate, Stated Percentage	1.40%	1.30%	1.40%

Debt_Details_Schedule_of_Matur

Debt (Details) - Schedule of Maturities of Long-term Debt (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
In Millions, unless otherwise specified
Schedule of Maturities of Long-term Debt [Abstract]	'	'	'
2015	$13.90	'	'
2016	0	'	'
2017	0	'	'
2018	185	'	'
Debt Long Term And Short Term Outstanding, Carrying Value	$198.90	$135.80	$29.20

Earnings_Loss_Per_Share_Detail

Earnings (Loss) Per Share (Details) - Schedule of Earnings Per Share, Basic and Diluted (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013
Schedule of Earnings Per Share, Basic and Diluted [Abstract]	'	'
Earnings (loss) from continuing operations attributable to Class A and Common Shares (in Dollars)	($34)	($30.10)
Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax (in Dollars)	-0.1	0.2
Net income (loss) attributable to Class A and Common Shares (in Dollars)	($34.10)	($29.90)
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions) (in Shares)	32.4	31.8
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) (in Shares)	'	'
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions) (in Shares)	'	'
Basic earnings (loss) per share:	'	'
Earnings (loss) from continuing operations	($1.05)	($0.94)
Earnings (loss) from discontinued operations, net of tax	$0	$0
Net income (loss) (in Dollars per share)	($1.05)	($0.94)
Diluted earnings (loss) per share:	'	'
Earnings (loss) from continuing operations	($1.05)	($0.94)
Earnings (loss) from discontinued operations, net of tax	$0	$0
Net income (loss) (in Dollars per share)	($1.05)	($0.94)

Earnings_Loss_Per_Share_Detail1

Earnings (Loss) Per Share (Details) - Schedule of Options Outstanding	Aug. 31, 2014	Aug. 31, 2013
In Millions, unless otherwise specified
Schedule of Options Outstanding [Abstract]	'	'
Options outstanding pursuant to stock-based compensation plans (in millions)	4	4

Earnings_Loss_Per_Share_Detail2

Earnings (Loss) Per Share (Details) (USD $)	3 Months Ended	48 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2014
Earnings Per Share [Abstract]	'	'
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$13.40	$13.40

Goodwill_and_Other_Intangibles2

Goodwill and Other Intangibles (Details) (USD $)	3 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013	31-May-14
Goodwill and Other Intangibles (Details) [Line Items]	'	'	'
Goodwill, Impairment Loss	$0	$0	$13.40
Finite-Lived Intangible Asset, Useful Life	'6 years 6 months	'	'
Finite-Lived Intangible Assets	'	'	'
Goodwill and Other Intangibles (Details) [Line Items]	'	'	'
Amortization of Intangible Assets	$0.60	$0.60	'

Goodwill_and_Other_Intangibles3

Goodwill and Other Intangibles (Details) - Schedule of activity in goodwill (USD $)	3 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013	31-May-14
Schedule of activity in goodwill [Abstract]	'	'	'
Gross beginning balance	$178.70	$178.70	$178.70
Accumulated impairment	-34.2	-20.8	-20.8
Beginning balance	144.5	157.9	157.9
Impairment charge	0	0	-13.4
Foreign currency translation	0	0	0
Other	0	0	0
Gross ending balance	178.7	178.7	178.7
Accumulated impairment	-34.2	-20.8	-34.2
Ending balance	$144.50	$157.90	$144.50

Goodwill_and_Other_Intangibles4

Goodwill and Other Intangibles (Details) - Schedule of other intangible assets subject to amortization (USD $)	3 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013	31-May-14	31-May-13
Finite-Lived Intangible Assets [Line Items]	'	'	'	'
Total other intangibles subject to amortization	$10	$12	$10	'
Trademarks and other	2.2	2	2.2	'
Total other intangibles not subject to amortization	2.2	2	2.2	'
Total other intangibles	12.2	14	12.2	'
Customer Lists	'	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'	'
Begining balance	'	'	2.4	3.4
Additions due to acquisition	0.6	0	0	'
Amortization expense	-0.2	-0.2	-1	'
Foreign currency translation	0	0	0	'
Total other intangibles subject to amortization	2.8	3.2	2.4	'
Other Intangible Assets	'	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'	'
Begining balance	'	'	7.6	9.2
Additions due to acquisition	0	0	0	'
Amortization expense	-0.4	-0.4	-1.4	'
Foreign currency translation	0	0	0	'
Other	0	0	-0.2	'
Total other intangibles subject to amortization	$7.20	$8.80	$7.60	'

Goodwill_and_Other_Intangibles5

Goodwill and Other Intangibles (Details) - Schedule of other intangible assets subject to amortization (Parentheticals) (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
In Millions, unless otherwise specified
Customer Lists	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Accumulated amortization	$3.50	$3.30	$2.50
Other Intangible Assets	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Accumulated amortization	$13.80	$13.40	$12.40

Investments_Details

Investments (Details) (USD $)	3 Months Ended		12 Months Ended			3 Months Ended
	Aug. 31, 2014	Aug. 31, 2013	31-May-14	Aug. 31, 2014	Aug. 31, 2014	31-May-14	Aug. 31, 2014	Sep. 15, 2014
				UK Non-controlling	UK Equity-method	Software Development Business	Software Development Business	Subsequent Event
								UK Non-controlling
Investments (Details) [Line Items]	'	'	'	'	'	'	'	'
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$18,800,000	$21,900,000	$18,400,000	'	'	'	'	'
Equity Method Investment, Ownership Percentage	'	'	'	'	26.20%	'	20.00%	'
Equity Method Investments	18,800,000	17,200,000	18,400,000	'	'	'	1,000,000	'
Equity Method Investment, Other than Temporary Impairment	'	'	'	'	'	0	'	'
Noncontrolling Interest, Ownership Percentage by Parent	'	'	'	15.00%	'	'	'	15.00%
Payments for (Proceeds from) Investments	'	'	'	'	'	'	'	0.7
Gain (Loss) on Investments	'	'	4,800,000	'	'	'	'	'
Income (Loss) from Equity Method Investments	$700,000	$700,000	'	'	'	'	'	'

Investments_Details_Schedule_o

Investments (Details) - Schedule of cost and equity method investments (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
In Millions, unless otherwise specified
Cost method investments:	'	'	'
Cost method investments	$0	$0	$4.70
Equity method investments:	'	'	'
Equity method investments	18.8	18.4	17.2
Total	18.8	18.4	21.9
UK Non-controlling	'	'	'
Cost method investments:	'	'	'
Cost method investments	0	0	4.7
UK Equity-method	'	'	'
Equity method investments:	'	'	'
Equity method investments	18.8	18.3	16.2
Software Development Business	'	'	'
Equity method investments:	'	'	'
Equity method investments	$0	$0.10	$1

Employee_Benefit_Plans_Details

Employee Benefit Plans (Details) - Schedule of net periodic costs (USD $)	3 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013
Components of net periodic benefit (credit) cost:	'	'
Amortization of loss	$0.70	$1
Other Pension Plan, Defined Benefit	'	'
Components of net periodic benefit (credit) cost:	'	'
Service cost	0	0
Interest cost	1.7	1.8
Expected return on assets	-2.5	-3.1
Net amortization of prior service credit	0	0
Amortization of loss	0.3	0.4
Net periodic benefit (credit) cost	-0.5	-0.9
Other Postretirement Benefit Plan, Defined Benefit	'	'
Components of net periodic benefit (credit) cost:	'	'
Service cost	0	0
Interest cost	0.3	0.3
Expected return on assets	0	0
Net amortization of prior service credit	0	0
Amortization of loss	0.4	0.6
Net periodic benefit (credit) cost	$0.70	$0.90

Employee_Benefit_Plans_Details1

Employee Benefit Plans (Details) (USD $)	12 Months Ended	3 Months Ended		12 Months Ended
	31-May-14	Aug. 31, 2014	Aug. 31, 2014	31-May-15
	Pension Plans	United States Pension Plan	United Kingdom Pension Plan	Subsequent Event
Employee Benefit Plans (Details) [Line Items]	'	'	'	'
Pension Contributions	$1,400,000	$0	$300,000	'
Defined benefit plan lump sum payments triggering partial settlement, amount	'	'	'	$5.20

StockBased_Compensation_Detail

Stock-Based Compensation (Details) - Schedule of stock-based compensation (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013
Stock-Based Compensation (Details) - Schedule of stock-based compensation [Line Items]	'	'
Share-based payment awards, options, by number of shares issued from Treasury Stock	0.5	0.4
Stock option expense	$0.80	$0.20
Restricted stock unit expense	0.7	0.8
Stock-based compensation expense	1.6	1.1
Management Stock Purchase Plan	'	'
Stock-Based Compensation (Details) - Schedule of stock-based compensation [Line Items]	'	'
Stock-based compensation expense	0	0
Employee Stock Purchase Plan	'	'
Stock-Based Compensation (Details) - Schedule of stock-based compensation [Line Items]	'	'
Stock-based compensation expense	$0.10	$0.10

Treasury_Stock_Details_Schedul

Treasury Stock (Details) - Schedule of repurchase of common stock (USD $)	3 Months Ended	12 Months Ended	48 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Sep. 30, 2010	Aug. 31, 2014
Schedule of repurchase of common stock [Abstract]	'	'	'
Sep-10	'	$200	$44
Less repurchases made under this authorization	'	-156	-30.6
Remaining Board authorization at Febuary 28, 2014	$13.40	'	$13.40

Treasury_Stock_Details

Treasury Stock (Details) (USD $)	3 Months Ended	12 Months Ended	48 Months Ended
In Millions, except Share data, unless otherwise specified	Aug. 31, 2014	Sep. 30, 2010	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]	'	'	'
Stock Repurchase Program, Authorized Amount	'	$200	$44
Treasury Stock, Value, Acquired, Cost Method	0	'	'
Treasury Stock, Shares, Acquired	'	5,199,699	'
Treasury Stock Acquired, Average Cost Per Share	'	$30	'
Treasury Stock, Value, Acquired, Par Value Method	'	$156	$30.60

Income_Taxes_and_Other_Taxes_D

Income Taxes and Other Taxes (Details)	3 Months Ended	9 Months Ended
	Feb. 28, 2014	Feb. 28, 2014
Income Tax And Non Income Tax Disclosure [Abstract]	'	'
Effective Income Tax Rate, Annualized, Percent	'	39.00%
Effective Income Tax Rate Reconciliation, Percent	37.30%	'

Derivatives_and_Hedging_Detail

Derivatives and Hedging (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Aug. 31, 2014	Aug. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'	'
UnrealizedLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments	$0.30	'
Unrealized Gain On Foreign Currency Derivative Instruments, Not Designated As Hedging Instruments	'	$0.40

Other_Accrued_Expenses_Details

Other Accrued Expenses (Details) - Schedule of accrued expenses (USD $)	Aug. 31, 2014	31-May-14	Aug. 31, 2013
In Millions, unless otherwise specified
Schedule of accrued expenses [Abstract]	'	'	'
Accrued payroll, payroll taxes and benefits	$40.40	$41.70	$40.30
Accrued bonus and commissions	23.3	36.9	20.7
Accrued other taxes	23.2	27.5	24.4
Accrued advertising and promotions	29.8	35.6	33.1
Accrued income taxes	3.5	4.7	4.4
Accrued insurance	8.6	8.3	8.9
Other accrued expenses	29.2	30	28.2
Total accrued expenses	$158	$184.70	$160

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	Sep. 24, 2014	Aug. 31, 2014	Sep. 15, 2014
	Subsequent Event	UK Non-controlling	UK Non-controlling
	Common Class A		Subsequent Event
Subsequent Events (Details) [Line Items]	'	'	'
Subsequent Event Dividend Declared Per Share (in Dollars per share)	$0.15	'	'
Noncontrolling Interest, Ownership Percentage by Parent	'	15.00%	15.00%
Payments for (Proceeds from) Investments	'	'	$0.70