Scholastic (SCHL) 10-Q 7 Jan 14 2014 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Nov. 30, 2013	Nov. 29, 2013	Nov. 29, 2013
		Common Class A [Member]	Common Stock [Member]
Document Information [Line Items]	'	'	'
Entity Registrant Name	'SCHOLASTIC CORP	'	'
Document Type	'10-Q	'	'
Current Fiscal Year End Date	'--05-31	'	'
Entity Common Stock, Shares Outstanding	'	1,656,200	30,152,753
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	30-Nov-13	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q2	'	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended				6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Nov. 30, 2013		Nov. 30, 2012		Nov. 30, 2013		Nov. 30, 2012
Revenues	$623.20		$613.50		$899.50		$906.90
Operating costs and expenses:	'		'		'		'
Cost of goods sold (exclusive of depreciation and amortization)	264.8		262		402.7		412.8
Selling, general and administrative expenses (exclusive of depreciation and amortization)	234.4		232.8		402.8		406.3
Depreciation and amortization	15.9	[1]	16.7	[1]	31.8	[1]	32.8	[1]
Asset impairments	13.4	[2]	'		13.4	[2]	'
Total operating costs and expenses	528.5		511.5		850.7		851.9
Operating income (loss)	94.7		102		48.8		55
Interest expense, net	-2.1		-3.7		-4		-7.4
Earnings (loss) from continuing operations before income taxes	92.6		98.3		44.8		47.6
Provision (benefit) for income taxes	34.3		35.7		16.6		16.7
Earnings (loss) from continuing operations	58.3		62.6		28.2		30.9
Earnings (loss) from discontinued operations, net of tax	0		-0.8		0.2		-1.2
Net income (loss)	$58.30		$61.80		$28.40		$29.70
Basic:	'		'		'		'
Earnings (loss) from continuing operations (in Dollars per share)	$1.82		$1.95		$0.88		$0.97
Earnings (loss) from discontinued operations, net of tax (in Dollars per share)	$0		($0.02)		$0.01		($0.04)
Net income (loss) (in Dollars per share)	$1.82		$1.93		$0.89		$0.93
Diluted:	'		'		'		'
Earnings (loss) from continuing operations (in Dollars per share)	$1.80		$1.91		$0.87		$0.95
Earnings (loss) from discontinued operations, net of tax (in Dollars per share)	$0		($0.02)		$0.01		($0.04)
Net income (loss) (in Dollars per share)	$1.80		$1.89		$0.88		$0.91
Dividends declared per class A and common share (in Dollars per share)	$0.15		$0.13		$0.28		$0.25
[1]	Includes depreciation of property, plant and equipment and amortization of intangible assets.
[2]	Includes an impairment of goodwill (see Note 7, "Goodwill and Other Intangibles").

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	Nov. 30, 2013	Nov. 30, 2012
Net income (loss)	$58.30	$61.80	$28.40	$29.70
Other comprehensive income (loss), net:	'	'	'	'
Foreign currency translation adjustments	3	2.5	-2.6	7.6
Pension and post-retirement adjustments:	'	'	'	'
Amortization of prior service cost (credit)	0	-0.1	-0.1	-0.2
Amortization of unrecognized gain (loss) included in net periodic cost	0.5	1.4	1.4	2.6
Total other comprehensive income (loss)	3.5	3.8	-1.3	10
Comprehensive income (loss)	$61.80	$65.60	$27.10	$39.70

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Current Assets:	'	'	'
Cash and cash equivalents	$117.20	$87.40	$257.30
Accounts receivable, net	286.4	214.9	272.9
Inventories, net	342.3	278.1	356.4
Deferred income taxes	79.2	79.2	71.5
Prepaid expenses and other current assets	50.6	61.2	50.6
Current assets of discontinued operations	0.4	0.4	8.3
Total current assets	876.1	721.2	1,017
Property, plant and equipment, net	294.2	311.6	326
Prepublication costs	148.4	147.3	133.8
Royalty advances, net	40	37	37.6
Production costs	4	1.7	2.1
Goodwill	144.5	157.9	157.8
Other intangibles	13.4	14.6	15.6
Noncurrent deferred income taxes	14.7	14.9	42.6
Other assets and deferred charges	44.6	34.8	36.5
Total assets	1,579.90	1,441	1,769
Current Liabilities:	'	'	'
Lines of credit, short-term debt and current portion of long-term debt	9.6	2	0.7
Capital lease obligations	0	0.2	0.7
Accounts payable	196	156.2	208.1
Accrued royalties	41.8	34.4	52.7
Deferred revenue	111.6	48.1	105.2
Other accrued expenses	184	179.5	195.1
Current liabilities of discontinued operations	1.2	1.3	2
Total current liabilities	544.2	421.7	564.5
Noncurrent Liabilities:	'	'	'
Long-term debt	'	'	152.9
Capital lease obligations	58	57.5	56.9
Other noncurrent liabilities	94.3	97.4	118
Total noncurrent liabilities	152.3	154.9	327.8
Commitments and Contingencies	'	'	'
Stockholdersb Equity:	'	'	'
Preferred Stock, $1.00 par value	'	'	'
Common Stock, value	0.4	0.4	0.4
Additional paid-in capital	581.6	582.9	585.8
Accumulated other comprehensive income (loss)	-66.7	-65.4	-64.2
Retained earnings	758.9	738.9	745.5
Treasury stock at cost	-390.8	-392.4	-390.8
Total stockholdersb equity	883.4	864.4	876.7
Total liabilities and stockholdersb equity	1,579.90	1,441	1,769
Common Class A [Member]	'	'	'
Stockholdersb Equity:	'	'	'
Common Stock, value	$0	$0	$0

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
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 [Member]	'	'	'
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 $)	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013		Nov. 30, 2012
Cash flows - operating activities:	'		'
Net income (loss)	$28.40		$29.70
Earnings (loss) from discontinued operations, net of tax	0.2		-1.2
Earnings (loss) from continuing operations	28.2		30.9
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	3.9		4.5
Provision for losses on inventory	10.1		11.3
Provision for losses on royalty advances	2		2.6
Amortization of prepublication and production costs	27.9	[1]	23.8	[1]
Depreciation and amortization	32.6		33.8
Asset impairments	13.4	[2]	'
Stock-based compensation	6.7		4.2
Non cash net (gain) loss on equity investments	-1.8		-1.5
Changes in assets and liabilities:	'		'
Accounts receivable	-77.1		41.8
Inventories	-76.2		-68
Other current assets	13		-1.3
Deferred promotion costs	-2.5		-2.4
Royalty advances	-4.8		-5.1
Accounts payable	40.1		86
Other accrued expenses	2.1		-39.4
Accrued royalties	7.4		-40.9
Deferred revenue	63.6		57.8
Pension and post-retirement liability	-6.6		-8.2
Other noncurrent liability	-2.1		-2.6
Other, net	1.5		0.7
Total adjustments	53.2		97.1
Net cash provided by (used in) operating activities of continuing operations	81.4		128
Net cash provided by (used in) operating activities of discontinued operations	0.1		-0.6
Net cash provided by (used in) operating activities	81.5		127.4
Cash flows - investing activities:	'		'
Prepublication and production expenditures	-31.8		-32.6
Additions to property, plant and equipment	-14.1		-29.2
Acquisition related payments	-1		-0.1
Proceeds from the sale of asset	1.3		'
Net cash provided by (used in) investing activities of continuing operations	-45.6		-61.9
Net cash used in investing activities of discontinued operations	'		-1.2
Net cash provided by (used in) investing activities	-45.6		-63.1
Cash flows - financing activities:	'		'
Borrowings under credit agreement and revolving loan	50		'
Repayment of credit agreement and revolving loan	-50		'
Borrowings under lines of credit	133		18.8
Repayment of lines of credit	-125.5		-24.4
Repayment of capital lease obligations	-0.2		-0.5
Reacquisition of common stock	-6.2		-0.1
Proceeds pursuant to stock-based compensation plans	1.4		11.3
Payment of dividends	-8.2		-7.9
Other	0.1		-0.6
Net cash provided by (used in) financing activities of continuing operations	-5.6		-3.4
Effect of exchange rate changes on cash and cash equivalents	-0.5		1.5
Net increase (decrease) in cash and cash equivalents	29.8		62.4
Cash and cash equivalents at beginning of period	87.4		194.9
Cash and cash equivalents at end of period	$117.20		$257.30
[1]	Includes amortization of prepublication and production costs.
[2]	Includes an impairment of goodwill (see Note 7, "Goodwill and Other Intangibles").

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Nov. 30, 2013
Accounting Policies [Abstract]	'
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	'
	1. 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, 2013 (the “Annual Report”).
	The Company’s fiscal year is not a calendar year. Accordingly, references in this document to fiscal 2013 relate to the twelve-month period ended May 31, 2013.
	Reclassifications
	Certain reclassifications have been made to conform to the current year presentation.
	Discontinued Operations
	The Company closed several operations during fiscal 2012 and fiscal 2013. All of these businesses are classified as discontinued operations in the Company’s financial statements. See Note 2, “Discontinued Operations,” for additional information.
	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. 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 other 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, intangibles and other long-lived assets
	Restricted Cash
	The condensed consolidated balance sheets include restricted cash of $1.1, $1.0 and $1.8 at November 30, 2013, May 31, 2013 and November 30, 2012, respectively, which is reported in “Other current assets.”
	New Accounting Pronouncements
	In July 2013, the Financial Accounting Standards Board (the “FASB”) issued an update to the authoritative guidance related to the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists to address diversity in practice in the presentation of unrecognized tax benefits.
	An unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows:
	to the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. No new disclosures are required as a result of this update. The amendments in this update are effective prospectively for reporting periods beginning after December 15, 2013 for all unrecognized tax benefits that exist at the effective date. This new guidance is not yet effective for the fiscal period covered by this quarterly report. The Company is evaluating the impact that this update will have on its consolidated financial position, results of operations and cash flows.

Discontinued_Operations

Discontinued Operations	6 Months Ended
	Nov. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	2. Discontinued Operations
	The Company continuously evaluates its portfolio of businesses for both impairment and economic viability. The Company monitors the expected cash proceeds to be realized from the disposition of discontinued operations’ assets, and adjusts asset values accordingly.
	The following table summarizes the operating results of the discontinued operations for the periods indicated:
		Three months ended November 30,						Six months ended November 30,
		2013			2012			2013			2012
	Revenues	$	0.1		$	2.7		$	0.1		$	2.9
	Earnings (loss) before income taxes		0			(1.3	)		0.3			(1.9	)
	Income tax benefit (provision)		(0.0	)		0.5			(0.1	)		0.7
	Earnings (loss) from discontinued operations, net of tax	$	0		$	(0.8	)	$	0.2		$	(1.2	)
	The following table sets forth the assets and liabilities of the discontinued operations included in the condensed consolidated balance sheets of the Company as of the dates indicated:
		30-Nov-13			31-May-13			30-Nov-12
	Accounts receivable, net	$	0		$	0		$	0
	Other assets		0.4			0.4			8.3
	Current assets of discontinued operations	$	0.4		$	0.4		$	8.3
	Accrued expenses and other current liabilities		1.2			1.3			2
	Current liabilities of discontinued operations	$	1.2		$	1.3		$	2

Segment_Information

Segment Information	6 Months Ended
	Nov. 30, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	3. 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) (2)			Total		International(1)		Total
			Book		Technology			Supplemental		Licensing						Domestic
			Publishing		and			Materials		and
			and		Services(1)			Publishing(1)		Advertising(1)
			Distribution(1)
	Three months ended
	30-Nov-13
	Revenues		$	352.1	$	60.9		$	59.1	$	15.5		$	-		$	487.6	$	135.6	$	623.2
	Bad debt expense			1		0			0.6		0.1			-			1.7		0.8		2.5
	Depreciation and amortization(3)			3.7		0.2			0.3		0			10.5			14.7		1.2		15.9
	Amortization(4)			4.1		7.4			2.2		0.5			-			14.2		0.4		14.6
	Asset impairments (5)			13.4		-			-		-			-			13.4		-		13.4
	Segment operating income (loss)			68.9		6.9			10.7		(0.4	)		(13.6	)		72.5		22.2		94.7
	Expenditures for long-lived assets including royalty advances			10.5		7.3			2.6		2.5			2.8			25.7		2.7		28.4
	Three months ended
	30-Nov-12
	Revenues		$	347.4	$	52.2		$	53.2	$	17		$	-		$	469.8	$	143.7	$	613.5
	Bad debt expense			1.8		(0.2	)		1.4		-			-			3		1		4
	Depreciation and amortization(3)			4.3		0.3			0.3		0.1			10.4			15.4		1.3		16.7
	Amortization(4)			3.8		5.2			1.9		0.8			-			11.7		0.3		12
	Segment operating income (loss)			69.4		5.3			7.4		2			(6.8	)		77.3		24.7		102
	Expenditures for long-lived assets including royalty advances			12.1		9.2			2.4		0.8			10.8			35.3		2.7		38
			Children’s Book		Educational			Classroom and		Media,			Overhead(1) (2)			Total		International(1)		Total
			Publishing		Technology			Supplemental		Licensing						Domestic
			and		and			Materials		and
			Distribution(1)		Services(1)			Publishing(1)		Advertising(1)
	Six months ended
	30-Nov-13
	Revenues		$	406.7	$	155.7		$	96.9	$	25.9		$	-		$	685.2	$	214.3	$	899.5
	Bad debt expense			1.4		0.4			0.6		0.1			-			2.5		1.4		3.9
	Depreciation and amortization(3)			7.7		0.5			0.6		0.1			20.5			29.4		2.4		31.8
	Amortization(4)			8.1		13.4			4.5		1			-			27		0.9		27.9
	Asset impairments (5)			13.4		-			-		-			-			13.4		-		13.4
	Segment operating income (loss)			7.4		43.1			9.1		(2.3	)		(30.0	)		27.3		21.5		48.8
	Segment assets at 11/30/13			489.6		180.3			152.8		27.1			456.4			1,306.20		273.3		1,579.50
	Goodwill at 11/30/13			40.9		22.7			65.4		5.4			-			134.4		10.1		144.5
	Expenditures for long-lived assets including royalty advances			21.9		15.8			4.6		3.6			8			53.9		5.2		59.1
	Long-lived assets at 11/30/13			149.6		118.2			90.3		14.1			228.7			600.9		67.3		668.2
	Six months ended
	30-Nov-12
	Revenues		$	418.3	$	132.2		$	91.1	$	31.4		$	-		$	673	$	233.9	$	906.9
	Bad debt expense			1.6		0.1			1.2		-			-			2.9		1.6		4.5
	Depreciation and amortization(3)			8.1		0.6			0.7		0.2			20.7			30.3		2.5		32.8
	Amortization(4)			7.3		10.7			3.6		1.3			-			22.9		0.9		23.8
	Segment operating income (loss)			14.5		30.1			4.8		2.2			(24.1	)		27.5		27.5		55
	Segment assets at 11/30/12			565.3		170.9			170.2		31			513			1,450.40		310.3		1,760.70
	Goodwill at 11/30/12			54.3		22.7			65.4		5.4			-			147.8		10		157.8
	Expenditures for long-lived assets including royalty advances			27.2		17.4			4.2		1.9			18.3			69		5.1		74.1
	Long-lived assets at 11/30/12			171.4		106.9			90		12			244.3			624.6		71.2		695.8
	-1	As discussed under “Discontinued Operations” in Note 1, “Basis of Presentation,” the Company closed 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.
	-5	Includes an impairment of goodwill (See Note 7, “Goodwill and Other Intangibles”).

Debt

Debt	6 Months Ended
	Nov. 30, 2013
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	4. Debt
	The following table summarizes debt as of the dates indicated:
			Carrying			Fair Value			Carrying			Fair Value			Carrying			Fair Value
			Value						Value						Value
			30-Nov-13						31-May-13						30-Nov-12
	Unsecured lines of credit (weighted average interest rates of 5.1%, 9.0% and 4.7%, respectively)		$	9.6		$	9.6		$	2		$	2		$	0.7		$	0.7
	5% Notes due 2013, net of discount			-			-			-			-			152.9			155.1
	Total debt		$	9.6		$	9.6		$	2		$	2		$	153.6		$	155.8
	Less lines of credit, short-term debt and current portion of long-term debt			(9.6	)		(9.6	)		(2.0	)		(2.0	)		(0.7	)		(0.7	)
	Total long-term debt		$	-		$	-		$	-		$	-		$	152.9		$	155.1
	The carrying value of the Company’s short-term debt approximates its fair value.
	The following table sets forth the maturities of the Company’s debt obligations as of November 30, 2013, for the twelve-month period ending November 30,
	2014		$	9.6
	2015			-
	Total debt		$	9.6
	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 November 30, 2013, 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 November 30, 2013, the facility fee rate was 0.20%.
	There were no outstanding borrowings under the Loan Agreement as of November 30, 2013.
	The Company had open standby letters of credit totaling $6.6, including $1.4 under the Loan Agreement, as of November 30, 2013. 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 November 30, 2013, the Company was in compliance with these covenants.
	Lines of Credit
	As of November 30, 2013, the Company’s domestic credit lines available under unsecured money market bid rate credit lines totaled $19.8. There were no outstanding borrowings under these credit lines at November 30, 2013, May 31, 2013 and November 30, 2012. 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 November 30, 2013, the Company had various local currency credit lines, with maximum available borrowings in amounts equivalent to $39.3, 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. Outstanding borrowings under these lines of credit totaled $9.6, $2.0 and $0.7 at November 30, 2013, May 31, 2013 and November 30, 2012, respectively.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Nov. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	5. 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	6 Months Ended
	Nov. 30, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	6. 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 and six-month periods ended November 30, 2013 and 2012, respectively:
		Three months ended November 30,					Six months ended November 30,
		2013		2012			2013		2012
	Earnings (loss) from continuing operations attributable to Class A and Common Shares	$	58.2	$	62.4		$	28.1	$	30.8
	Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax		0		(0.8	)		0.2		(1.2	)
	Net income (loss) attributable to Class A and Common Shares	$	58.2	$	61.6		$	28.3	$	29.6
	Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)		31.9		31.9			31.8		31.7
	Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions)		0.4		0.8			0.6		0.7
	Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions)		32.3		32.7			32.4		32.4
	Earnings (loss) per share of Class A Stock and Common Stock:
	Basic earnings (loss) per share:
	Earnings (loss) from continuing operations	$	1.82	$	1.95		$	0.88	$	0.97
	Earnings (loss) from discontinued operations, net of tax	$	0	$	(0.02	)	$	0.01	$	(0.04	)
	Net income (loss)	$	1.82	$	1.93		$	0.89	$	0.93
	Diluted earnings (loss) per share:
	Earnings (loss) from continuing operations	$	1.8	$	1.91		$	0.87	$	0.95
	Earnings (loss) from discontinued operations, net of tax	$	0	$	(0.02	)	$	0.01	$	(0.04	)
	Net income (loss)	$	1.8	$	1.89		$	0.88	$	0.91
	Earnings from continuing operations exclude earnings of $0.1 and $0.1 for the three and six months ended November 30, 2013, respectively, and $0.2 and $0.1 for the three and six months ended November 30, 2012, respectively, for earnings attributable to participating Restricted Stock Units (“RSUs”).
	The following table sets forth Options outstanding pursuant to stock-based compensation plans as of the dates indicated:
		November 30,		November 30,
		2013		2012
	Options outstanding pursuant to stock-based compensation plans (in millions)		4.7		4.3
	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. Potentially dilutive shares outstanding pursuant to compensation plans that were not included in the diluted earnings per share calculation because they were anti-dilutive were 1.3 million as of November 30, 2013.
	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 November 30, 2013, $13.4 remains available for future purchases of common shares under the current repurchase authorization of the Board of Directors. See Note 12, “Treasury Stock,” for a more complete description of the Company’s share buy-back program.

Goodwill_and_Other_Intangibles

Goodwill and Other Intangibles	6 Months Ended
	Nov. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure [Text Block]	'
	7. 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.
	In the current quarter, the Company recognized an impairment of $13.4 of goodwill associated with the book clubs reporting unit in the Children’s Book Publishing and Distribution segment. In the second quarter of fiscal year 2014, expected revenues for the reporting unit declined, resulting in an impairment indicator. Revenues in the first fiscal quarter are not significiant for this reporting unit as schools are not in session. As of November 30, 2013, the fair value of the reporting unit was approximately $13.0 less than the carrying value of $66.9. The Company used forecasted cash flows, which were adjusted from those used in the latest annual valuation to reflect the revised outlook for the reporting unit, and to a lesser extent, observable revenue multiples for comparable companies, in determining its fair value. Management revised its outlook for the reporting unit as revenues did not meet expectations during the period, and future revenue expectations were revised consistent with the current period decline. A discount rate of 15.5% and a perpetual growth rate of 3.0% were employed for the discounted cash flow analysis and multiples of 0.4 times historical revenues were employed for market comparisons. The reporting unit is dependent upon internally developed intangible assets including trade names and customer lists which have no carrying value, but have substantial fair value. Upon finalization of step two of the goodwill impairment process, inclusion of these intangible assets is expected to render 100% of the goodwill impaired.
	The following table summarizes the activity in Goodwill for the periods indicated:
		Six months ended			Twelve months ended			Six months ended
		30-Nov-13			31-May-13			30-Nov-12
	Gross beginning balance	$	178.7		$	178.5		$	178.5
	Accumulated impairment		(20.8	)		(20.8	)		(20.8	)
	Beginning balance	$	157.9		$	157.7		$	157.7
	Impairment charge		(13.4	)		-			-
	Foreign currency translation		0			0			0.1
	Other		-			0.2			-
	Gross ending balance	$	178.7		$	178.7		$	178.6
	Accumulated impairment		(34.2	)		(20.8	)		(20.8	)
	Ending balance	$	144.5		$	157.9		$	157.8
	The following table summarizes the activity in Total other intangibles for the periods indicated:
		Six months ended			Twelve months ended			Six months ended
		30-Nov-13			31-May-13			30-Nov-12
	Beginning balance - customer lists	$	3.4		$	4.3		$	4.3
	Additions		-			0.1			0.1
	Amortization expense		(0.5	)		(1.0	)		(0.5	)
	Foreign currency translation		0			0			0
	Customer lists, net of accumulated amortization of $2.7, $2.3 and $1.8, respectively	$	2.9		$	3.4		$	3.9
	Beginning balance - other intangibles	$	9.2		$	10.4		$	10.4
	Additions		-			0.2			-
	Amortization expense		(0.7	)		(1.5	)		(0.8	)
	Foreign currency translation		0			-			-
	Other		-			0.1			0.1
	Other intangibles, net of accumulated amortization of $12.7, $12.0 and $11.3, respectively	$	8.5		$	9.2		$	9.7
	Total other intangibles subject to amortization	$	11.4		$	12.6		$	13.6
	Trademarks and other	$	2		$	2		$	2
	Total other intangibles not subject to amortization	$	2		$	2		$	2
	Total other intangibles	$	13.4		$	14.6		$	15.6
	Amortization expense for Total other intangibles was $1.2 and $1.3 for the six months ended November 30, 2013 and 2012, 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 7 years.

Investments

Investments	6 Months Ended
	Nov. 30, 2013
Equity Method And Cost Method Investments [Abstract]	'
Equity Method And Cost Method Investments [Text Block]	'
	8. Investments
	Included in “Other assets and deferred charges” on the Company’s condensed consolidated balance sheets were investments of $23.7, $19.6 and $22.9 at November 30, 2013, May 31, 2013 and November 30, 2012, 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 is accounted for using the equity method of accounting. The Company owns a 15% non-controlling interest in a book distribution business located in the UK, which is accounted for as a cost-basis investment. 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 $1.8 and $1.5 for the six months ended November 30, 2013 and 2012, respectively. The prior fiscal year results include a $1.3 settlement received in the prior fiscal period in respect of a former equity-method investment for product delivered to the investee in prior years.
	The following table summarizes the Company’s investmentsas of the dates indicated:
		30-Nov-13		31-May-13		30-Nov-12
	Cost method investments:
	UK - based	$	4.8	$	5	$	5.6
	Total cost method investments	$	4.8	$	5	$	5.6
	Equity method investments:
	UK - based	$	17.9	$	14.6	$	17.3
	Other		1		-		-
	Total equity method investments	$	18.9	$	14.6	$	17.3
	Total	$	23.7	$	19.6	$	22.9

Employee_Benefit_Plans

Employee Benefit Plans	6 Months Ended
	Nov. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Pension and Other Postretirement Benefits Disclosure [Text Block]	'
	9. 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 November 30,						Three months ended November 30,
		2013			2012			2013			2012
	Components of net periodic benefit (credit) cost:
	Service cost	$	-		$	-		$	0		$	0
	Interest cost		1.8			1.7			0.3			0.4
	Expected return on assets		(3.2	)		(2.6	)		-			-
	Net amortization of prior service credit		-			-			(0.0	)		(0.1	)
	Amortization of loss		0.5			0.5			0.6			0.9
	Net periodic benefit (credit) cost	$	(0.9	)	$	(0.4	)	$	0.9		$	1.2
		Pension Plans						Post-Retirement Benefits
		Six months ended November 30,						Six months ended November 30,
		2013			2012			2013			2012
	Components of net periodic benefit (credit) cost:
	Service cost	$	-		$	-		$	0		$	0
	Interest cost		3.6			3.5			0.7			0.8
	Expected return on assets		(6.3	)		(5.3	)		-			-
	Net amortization of prior service credit		-			-			(0.1	)		(0.2	)
	Amortization of (gain) loss		0.9			1.1			1.2			1.9
	Net periodic benefit (credit) cost	$	(1.8	)	$	(0.7	)	$	1.8		$	2.5
	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 six months ended November 30, 2013, the Company contributed $3.3 to the U.S. Pension Plan and $0.6 to the UK Pension Plan.
	The Company expects, based on actuarial calculations, to contribute cash of approximately $7.5 to the Pension Plans for the fiscal year ending May 31, 2014.

StockBased_Compensation

Stock-Based Compensation	6 Months Ended
	Nov. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	10. 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 November 30,				Six months ended November 30,
		2013		2012		2013		2012
	Stock option expense	$	4.4	$	0.6	$	4.6	$	1.6
	Restricted stock unit expense		1.2		0.8		1.9		1.8
	Management stock purchase plan		0		0.6		0.1		0.6
	Employee stock purchase plan		0		0.1		0.1		0.2
	Total stock-based compensation expense	$	5.6	$	2.1	$	6.7	$	4.2
	During each of the six month periods ended November 30, 2013 and 2012, shares of Common Stock issued by the Corporation pursuant to its stock-based compensation plans were not material.

Accrued_Severance

Accrued Severance	6 Months Ended
	Nov. 30, 2013
Disclosure For Accrued Severance [Abstract]	'
Disclosure For Accrued Severance [Text Block]	'
	11. Accrued Severance
	The table below provides information regarding Accrued severance, which is included in “Other accrued expenses” in the Company’s condensed consolidated balance sheets.
		Six months ended			Twelve months			Six months ended
		30-Nov-13			ended May 31, 2013			30-Nov-12
	Beginning balance	$	3.3		$	2.7		$	2.7
	Accruals		7.8			13.4			2.1
	Payments		(6.1	)		(12.8	)		(2.9	)
	Ending balance	$	5		$	3.3		$	1.9
	The Company has continued to implement cost savings initiatives, resulting in severance expense related to these initiatives of $7.5 during the six-month period ended November 30, 2013. Severance expenses are reported in “Selling, general and administrative expenses.”

Treasury_Stock

Treasury Stock	6 Months Ended
	Nov. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Treasury Stock [Text Block]	'
	12. 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
	Less repurchases made under this authorization		(30.6	)
	Remaining Board authorization at November 30, 2013	$	13.4
	The Company’s repurchase program may be suspended at any time without prior notice. There were $5.6 and $6.2 repurchases of Common Stock made during the three and six month periods ended November 30, 2013, respectively.

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
	Nov. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	13. 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 5% Notes and its various lines of credit. See Note 4, “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 15, “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.
	See Note 7, “Goodwill and Other Intangibles,” for a more complete description of the fair value measurements employed.

Income_Taxes_and_Other_Taxes

Income Taxes and Other Taxes	6 Months Ended
	Nov. 30, 2013
Income Tax And Non Income Tax Disclosure [Abstract]	'
Income Tax And Non Income Tax Disclosure [Text Block]	'
	14. 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 for the fiscal year ending May 31, 2014 is currently expected to be approximately 40%.
	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 theInternal Revenue Service for fiscal years ended May 31, 2007, 2008 and 2009. The Company is currently under audit by New York State for fiscal years ended May 31, 2009, 2010 and 2011 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. 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	6 Months Ended
	Nov. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedging Activities Disclosure [Text Block]	'
	15. 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 gains of $0.1 were recognized at November 30, 2013 and November 30, 2012, respectively.

Other_Accrued_Expenses

Other Accrued Expenses	6 Months Ended
	Nov. 30, 2013
Other Accrued Expenses Disclosure [Abstract]	'
Other Accrued Expenses Disclosure [Text Block]	'
	16. Other Accrued Expenses
	Other accrued expenses consist of the following as of the dates indicated:
		30-Nov-13		31-May-13		30-Nov-12
	Accrued payroll, payroll taxes and benefits	$	44.8	$	45.8	$	45.7
	Accrued bonus and commissions		21.4		22		16.5
	Accrued other taxes		28.4		29.3		36.6
	Accrued advertising and promotions		39.6		38.2		41.1
	Accrued income taxes		11.4		5.5		11.3
	Accrued insurance		7.8		8.7		8.7
	Other accrued expenses		30.6		30		35.2
	Total accrued expenses	$	184	$	179.5	$	195.1

Subsequent_Events

Subsequent Events	6 Months Ended
	Nov. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	17. Subsequent Events
	On December 13, 2013, the Company delivered an acceptance of offer (“Acceptance Letter”) to purchase its headquarters space (both land and building) at 555 Broadway, New York, NY (the “Property”) from its landlord, ISE 555 Broadway, LLC (the “Landlord”).
	Under the terms of the Amended and Restated Lease effective as of August 1, 1999 between the Landlord and the Company (the “Lease”), the Landlord was obligated to offer to sell the Property to the Company prior to marketing the Property for sale to a third party. Pursuant to Section 2.03 of the Lease, the Landlord made the required written offer pursuant to a notice dated October 16, 2013 (“Landlord’s Offer Notice”).
	Under the terms of the Lease and the Landlord’s Offer Notice, by accepting the Landlord’s offer the Company is obligated to purchase the Property for $255 in cash with no financing contingency, pursuant to a definitive contract of sale which must be executed within thirty (30) days of the receipt of the Company’s Acceptance Letter and which must be consistent with contracts for the sale of like property in the Borough of Manhattan. The Company will be required to deposit into escrow, with the Landlord’s counsel, $50 upon execution of the definitive contract of sale as required by the Landlord’s Offer Notice. The transaction is to be completed by February 3, 2014, subject to the right of the Company to demand one thirty (30) day extension upon the payment of an additional $5 into the escrow. The Company will use existing cash and availability under the Loan Agreement to finance this purchase.
	On December 18, 2013, the Company announced that the Board of Directors declared a cash dividend of $0.15 per Class A and Common share in respect of the third quarter of fiscal 2014. The dividend is payable on March 17, 2014 to stockholders of record on January 31, 2014.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	6 Months Ended
	Nov. 30, 2013
Accounting Policies [Abstract]	'
Consolidation, Policy [Policy Text Block]	'
	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, 2013 (the “Annual Report”).
	The Company’s fiscal year is not a calendar year. Accordingly, references in this document to fiscal 2013 relate to the twelve-month period ended May 31, 2013.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain reclassifications have been made to conform to the current year presentation.
Discontinued Operations, Policy [Policy Text Block]	'
	Discontinued Operations
	The Company closed several operations during fiscal 2012 and fiscal 2013. All of these businesses are classified as discontinued operations in the Company’s financial statements. See Note 2, “Discontinued Operations,” for additional information.
Seasonality, Policy [Policy Text Block]	'
	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. The Company generally experiences a loss from operations in the first and third quarters of each fiscal year.
Use of Estimates, Policy [Policy Text Block]	'
	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 other 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, intangibles and other long-lived assets
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Restricted Cash
	The condensed consolidated balance sheets include restricted cash of $1.1, $1.0 and $1.8 at November 30, 2013, May 31, 2013 and November 30, 2012, respectively, which is reported in “Other current assets.”
New Accounting Pronouncements, Policy [Policy Text Block]	'
	New Accounting Pronouncements
	In July 2013, the Financial Accounting Standards Board (the “FASB”) issued an update to the authoritative guidance related to the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists to address diversity in practice in the presentation of unrecognized tax benefits.
	An unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows:
	to the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. No new disclosures are required as a result of this update. The amendments in this update are effective prospectively for reporting periods beginning after December 15, 2013 for all unrecognized tax benefits that exist at the effective date. This new guidance is not yet effective for the fiscal period covered by this quarterly report. The Company is evaluating the impact that this update will have on its consolidated financial position, results of operations and cash flows.

Discontinued_Operations_Tables

Discontinued Operations (Tables)	6 Months Ended
	Nov. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule Of Discontinued Operation Gain Loss On Disposal Of Discontinued Operation [Table Text Block]	'The following table summarizes the operating results of the discontinued operations for the periods indicated:
		Three months ended November 30,						Six months ended November 30,
		2013			2012			2013			2012
	Revenues	$	0.1		$	2.7		$	0.1		$	2.9
	Earnings (loss) before income taxes		0			(1.3	)		0.3			(1.9	)
	Income tax benefit (provision)		(0.0	)		0.5			(0.1	)		0.7
	Earnings (loss) from discontinued operations, net of tax	$	0		$	(0.8	)	$	0.2		$	(1.2	)
Schedule Of Disposal Groups Including Discontinued Operations Balance Sheet [Table Text Block]	'The following table sets forth the assets and liabilities of the discontinued operations included in the condensed consolidated balance sheets of the Company as of the dates indicated:
		30-Nov-13			31-May-13			30-Nov-12
	Accounts receivable, net	$	0		$	0		$	0
	Other assets		0.4			0.4			8.3
	Current assets of discontinued operations	$	0.4		$	0.4		$	8.3
	Accrued expenses and other current liabilities		1.2			1.3			2
	Current liabilities of discontinued operations	$	1.2		$	1.3		$	2

Segment_Information_Tables

Segment Information (Tables)	6 Months Ended
	Nov. 30, 2013
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
			Children’s		Educational			Classroom and		Media,			Overhead(1) (2)			Total		International(1)		Total
			Book		Technology			Supplemental		Licensing						Domestic
			Publishing		and			Materials		and
			and		Services(1)			Publishing(1)		Advertising(1)
			Distribution(1)
	Three months ended
	30-Nov-13
	Revenues		$	352.1	$	60.9		$	59.1	$	15.5		$	-		$	487.6	$	135.6	$	623.2
	Bad debt expense			1		0			0.6		0.1			-			1.7		0.8		2.5
	Depreciation and amortization(3)			3.7		0.2			0.3		0			10.5			14.7		1.2		15.9
	Amortization(4)			4.1		7.4			2.2		0.5			-			14.2		0.4		14.6
	Asset impairments (5)			13.4		-			-		-			-			13.4		-		13.4
	Segment operating income (loss)			68.9		6.9			10.7		(0.4	)		(13.6	)		72.5		22.2		94.7
	Expenditures for long-lived assets including royalty advances			10.5		7.3			2.6		2.5			2.8			25.7		2.7		28.4
	Three months ended
	30-Nov-12
	Revenues		$	347.4	$	52.2		$	53.2	$	17		$	-		$	469.8	$	143.7	$	613.5
	Bad debt expense			1.8		(0.2	)		1.4		-			-			3		1		4
	Depreciation and amortization(3)			4.3		0.3			0.3		0.1			10.4			15.4		1.3		16.7
	Amortization(4)			3.8		5.2			1.9		0.8			-			11.7		0.3		12
	Segment operating income (loss)			69.4		5.3			7.4		2			(6.8	)		77.3		24.7		102
	Expenditures for long-lived assets including royalty advances			12.1		9.2			2.4		0.8			10.8			35.3		2.7		38
			Children’s Book		Educational			Classroom and		Media,			Overhead(1) (2)			Total		International(1)		Total
			Publishing		Technology			Supplemental		Licensing						Domestic
			and		and			Materials		and
			Distribution(1)		Services(1)			Publishing(1)		Advertising(1)
	Six months ended
	30-Nov-13
	Revenues		$	406.7	$	155.7		$	96.9	$	25.9		$	-		$	685.2	$	214.3	$	899.5
	Bad debt expense			1.4		0.4			0.6		0.1			-			2.5		1.4		3.9
	Depreciation and amortization(3)			7.7		0.5			0.6		0.1			20.5			29.4		2.4		31.8
	Amortization(4)			8.1		13.4			4.5		1			-			27		0.9		27.9
	Asset impairments (5)			13.4		-			-		-			-			13.4		-		13.4
	Segment operating income (loss)			7.4		43.1			9.1		(2.3	)		(30.0	)		27.3		21.5		48.8
	Segment assets at 11/30/13			489.6		180.3			152.8		27.1			456.4			1,306.20		273.3		1,579.50
	Goodwill at 11/30/13			40.9		22.7			65.4		5.4			-			134.4		10.1		144.5
	Expenditures for long-lived assets including royalty advances			21.9		15.8			4.6		3.6			8			53.9		5.2		59.1
	Long-lived assets at 11/30/13			149.6		118.2			90.3		14.1			228.7			600.9		67.3		668.2
	Six months ended
	30-Nov-12
	Revenues		$	418.3	$	132.2		$	91.1	$	31.4		$	-		$	673	$	233.9	$	906.9
	Bad debt expense			1.6		0.1			1.2		-			-			2.9		1.6		4.5
	Depreciation and amortization(3)			8.1		0.6			0.7		0.2			20.7			30.3		2.5		32.8
	Amortization(4)			7.3		10.7			3.6		1.3			-			22.9		0.9		23.8
	Segment operating income (loss)			14.5		30.1			4.8		2.2			(24.1	)		27.5		27.5		55
	Segment assets at 11/30/12			565.3		170.9			170.2		31			513			1,450.40		310.3		1,760.70
	Goodwill at 11/30/12			54.3		22.7			65.4		5.4			-			147.8		10		157.8
	Expenditures for long-lived assets including royalty advances			27.2		17.4			4.2		1.9			18.3			69		5.1		74.1
	Long-lived assets at 11/30/12			171.4		106.9			90		12			244.3			624.6		71.2		695.8
	-1	As discussed under “Discontinued Operations” in Note 1, “Basis of Presentation,” the Company closed 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.
	-5	Includes an impairment of goodwill (See Note 7, “Goodwill and Other Intangibles”).

Debt_Tables

Debt (Tables)	6 Months Ended
	Nov. 30, 2013
Debt Disclosure [Abstract]	'
Schedule of Debt [Table Text Block]	'The following table summarizes debt as of the dates indicated:
		Carrying			Fair Value			Carrying			Fair Value			Carrying			Fair Value
		Value						Value						Value
		30-Nov-13						31-May-13						30-Nov-12
	Unsecured lines of credit (weighted average interest rates of 5.1%, 9.0% and 4.7%, respectively)	$	9.6		$	9.6		$	2		$	2		$	0.7		$	0.7
	5% Notes due 2013, net of discount		-			-			-			-			152.9			155.1
	Total debt	$	9.6		$	9.6		$	2		$	2		$	153.6		$	155.8
	Less lines of credit, short-term debt and current portion of long-term debt		(9.6	)		(9.6	)		(2.0	)		(2.0	)		(0.7	)		(0.7	)
	Total long-term debt	$	-		$	-		$	-		$	-		$	152.9		$	155.1
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 November 30, 2013, for the twelve-month period ending November 30,
	2014	$	9.6
	2015		-
	Total debt	$	9.6

Earnings_Loss_Per_Share_Tables

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Nov. 30, 2013
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 and six-month periods ended November 30, 2013 and 2012, respectively:
		Three months ended November 30,					Six months ended November 30,
		2013		2012			2013		2012
	Earnings (loss) from continuing operations attributable to Class A and Common Shares	$	58.2	$	62.4		$	28.1	$	30.8
	Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax		0		(0.8	)		0.2		(1.2	)
	Net income (loss) attributable to Class A and Common Shares	$	58.2	$	61.6		$	28.3	$	29.6
	Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)		31.9		31.9			31.8		31.7
	Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions)		0.4		0.8			0.6		0.7
	Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions)		32.3		32.7			32.4		32.4
	Earnings (loss) per share of Class A Stock and Common Stock:
	Basic earnings (loss) per share:
	Earnings (loss) from continuing operations	$	1.82	$	1.95		$	0.88	$	0.97
	Earnings (loss) from discontinued operations, net of tax	$	0	$	(0.02	)	$	0.01	$	(0.04	)
	Net income (loss)	$	1.82	$	1.93		$	0.89	$	0.93
	Diluted earnings (loss) per share:
	Earnings (loss) from continuing operations	$	1.8	$	1.91		$	0.87	$	0.95
	Earnings (loss) from discontinued operations, net of tax	$	0	$	(0.02	)	$	0.01	$	(0.04	)
	Net income (loss)	$	1.8	$	1.89		$	0.88	$	0.91
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:
		November 30,		November 30,
		2013		2012
	Options outstanding pursuant to stock-based compensation plans (in millions)		4.7		4.3

Goodwill_and_Other_Intangibles1

Goodwill and Other Intangibles (Tables)	6 Months Ended
	Nov. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Goodwill [Table Text Block]	'The following table summarizes the activity in Goodwill for the periods indicated:
		Six months ended			Twelve months ended			Six months ended
		30-Nov-13			31-May-13			30-Nov-12
	Gross beginning balance	$	178.7		$	178.5		$	178.5
	Accumulated impairment		(20.8	)		(20.8	)		(20.8	)
	Beginning balance	$	157.9		$	157.7		$	157.7
	Impairment charge		(13.4	)		-			-
	Foreign currency translation		0			0			0.1
	Other		-			0.2			-
	Gross ending balance	$	178.7		$	178.7		$	178.6
	Accumulated impairment		(34.2	)		(20.8	)		(20.8	)
	Ending balance	$	144.5		$	157.9		$	157.8
Schedule of Finite-Lived Intangible Assets [Table Text Block]	'The following table summarizes the activity in Total other intangibles for the periods indicated:
		Six months ended			Twelve months ended			Six months ended
		30-Nov-13			31-May-13			30-Nov-12
	Beginning balance - customer lists	$	3.4		$	4.3		$	4.3
	Additions		-			0.1			0.1
	Amortization expense		(0.5	)		(1.0	)		(0.5	)
	Foreign currency translation		0			0			0
	Customer lists, net of accumulated amortization of $2.7, $2.3 and $1.8, respectively	$	2.9		$	3.4		$	3.9
	Beginning balance - other intangibles	$	9.2		$	10.4		$	10.4
	Additions		-			0.2			-
	Amortization expense		(0.7	)		(1.5	)		(0.8	)
	Foreign currency translation		0			-			-
	Other		-			0.1			0.1
	Other intangibles, net of accumulated amortization of $12.7, $12.0 and $11.3, respectively	$	8.5		$	9.2		$	9.7
	Total other intangibles subject to amortization	$	11.4		$	12.6		$	13.6
	Trademarks and other	$	2		$	2		$	2
	Total other intangibles not subject to amortization	$	2		$	2		$	2
	Total other intangibles	$	13.4		$	14.6		$	15.6

Investments_Tables

Investments (Tables)	6 Months Ended
	Nov. 30, 2013
Equity Method And Cost Method Investments [Abstract]	'
Schedule Of Cost And Equity Method Investments [Table Text Block]	'The following table summarizes the Company’s investments as of the dates indicated:
		30-Nov-13		31-May-13		30-Nov-12
	Cost method investments:
	UK - based	$	4.8	$	5	$	5.6
	Total cost method investments	$	4.8	$	5	$	5.6
	Equity method investments:
	UK - based	$	17.9	$	14.6	$	17.3
	Other		1		-		-
	Total equity method investments	$	18.9	$	14.6	$	17.3
	Total	$	23.7	$	19.6	$	22.9

Employee_Benefit_Plans_Tables

Employee Benefit Plans (Tables)	6 Months Ended
	Nov. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Schedule of Net Benefit Costs [Table Text Block]	'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 November 30,						Three months ended November 30,
		2013			2012			2013			2012
	Components of net periodic benefit (credit) cost:
	Service cost	$	-		$	-		$	0		$	0
	Interest cost		1.8			1.7			0.3			0.4
	Expected return on assets		(3.2	)		(2.6	)		-			-
	Net amortization of prior service credit		-			-			(0.0	)		(0.1	)
	Amortization of loss		0.5			0.5			0.6			0.9
	Net periodic benefit (credit) cost	$	(0.9	)	$	(0.4	)	$	0.9		$	1.2
		Pension Plans						Post-Retirement Benefits
		Six months ended November 30,						Six months ended November 30,
		2013			2012			2013			2012
	Components of net periodic benefit (credit) cost:
	Service cost	$	-		$	-		$	0		$	0
	Interest cost		3.6			3.5			0.7			0.8
	Expected return on assets		(6.3	)		(5.3	)		-			-
	Net amortization of prior service credit		-			-			(0.1	)		(0.2	)
	Amortization of (gain) loss		0.9			1.1			1.2			1.9
	Net periodic benefit (credit) cost	$	(1.8	)	$	(0.7	)	$	1.8		$	2.5

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	6 Months Ended
	Nov. 30, 2013
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 [Table Text Block]	'The following table summarizes stock-based compensation expense included in Selling, general and administrative expenses for the periods indicated:
		Three months ended November 30,				Six months ended November 30,
		2013		2012		2013		2012
	Stock option expense	$	4.4	$	0.6	$	4.6	$	1.6
	Restricted stock unit expense		1.2		0.8		1.9		1.8
	Management stock purchase plan		0		0.6		0.1		0.6
	Employee stock purchase plan		0		0.1		0.1		0.2
	Total stock-based compensation expense	$	5.6	$	2.1	$	6.7	$	4.2

Accrued_Severance_Tables

Accrued Severance (Tables)	6 Months Ended
	Nov. 30, 2013
Disclosure For Accrued Severance [Abstract]	'
Schedule Of Accrued Severance Costs [Table Text Block]	'The table below provides information regarding Accrued severance, which is included in “Other accrued expenses” in the Company’s condensed consolidated balance sheets.
		Six months ended			Twelve months			Six months ended
		30-Nov-13			ended May 31, 2013			30-Nov-12
	Beginning balance	$	3.3		$	2.7		$	2.7
	Accruals		7.8			13.4			2.1
	Payments		(6.1	)		(12.8	)		(2.9	)
	Ending balance	$	5		$	3.3		$	1.9

Treasury_Stock_Tables

Treasury Stock (Tables)	6 Months Ended
	Nov. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Tabular Disclosure of an Entity's Treasury Stock [Table Text Block]	'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
	Less repurchases made under this authorization		(30.6	)
	Remaining Board authorization at November 30, 2013	$	13.4

Other_Accrued_Expenses_Tables

Other Accrued Expenses (Tables)	6 Months Ended
	Nov. 30, 2013
Other Accrued Expenses Disclosure [Abstract]	'
Schedule of Other Accrued Expenses [Table Text Block]	'Other accrued expenses consist of the following as of the dates indicated:
		30-Nov-13		31-May-13		30-Nov-12
	Accrued payroll, payroll taxes and benefits	$	44.8	$	45.8	$	45.7
	Accrued bonus and commissions		21.4		22		16.5
	Accrued other taxes		28.4		29.3		36.6
	Accrued advertising and promotions		39.6		38.2		41.1
	Accrued income taxes		11.4		5.5		11.3
	Accrued insurance		7.8		8.7		8.7
	Other accrued expenses		30.6		30		35.2
	Total accrued expenses	$	184	$	179.5	$	195.1

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Accounting Policies [Abstract]	'	'	'
Restricted Cash (in Dollars)	$1.10	$1	$1.80

Discontinued_Operations_Detail

Discontinued Operations (Details) - Schedule of operating results of the discontinued operations (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	Nov. 30, 2013	Nov. 30, 2012
Schedule of operating results of the discontinued operations [Abstract]	'	'	'	'
Revenues	$0.10	$2.70	$0.10	$2.90
Earnings (loss) before income taxes	0	-1.3	0.3	-1.9
Income tax benefit (provision)	0	0.5	-0.1	0.7
Earnings (loss) from discontinued operations, net of tax	$0	($0.80)	$0.20	($1.20)

Discontinued_Operations_Detail1

Discontinued Operations (Details) - Schedule of assets and liabilities of the discontinued operations (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Schedule of assets and liabilities of the discontinued operations [Abstract]	'	'	'
Accounts receivable, net	$0	$0	$0
Other assets	0.4	0.4	8.3
Current assets of discontinued operations	0.4	0.4	8.3
Accrued expenses and other current liabilities	1.2	1.3	2
Current liabilities of discontinued operations	$1.20	$1.30	$2

Segment_Information_Details_Sc

Segment Information (Details) - Schedule of segment reporting information (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013		Nov. 30, 2012		Nov. 30, 2013		Nov. 30, 2012		31-May-13	31-May-12
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	$623.20		$613.50		$899.50		$906.90		'	'
Bad debt expense	2.5		4		3.9		4.5		'	'
Depreciation and amortization	15.9	[1]	16.7	[1]	31.8	[1]	32.8	[1]	'	'
Amortization	14.6	[2]	12	[2]	27.9	[2]	23.8	[2]	'	'
Asset impairments	13.4	[3]	'		13.4	[3]	'		'	'
Segment operating income (loss)	94.7		102		48.8		55		'	'
Segment assets	1,579.50		1,760.70		1,579.50		1,760.70		'	'
Goodwill	144.5		157.8		144.5		157.8		157.9	157.7
Expenditures for long-lived assets including royalty advances	28.4		38		59.1		74.1		'	'
Long-lived assets	668.2		695.8		668.2		695.8		'	'
Children's Book Publishing and Distribution [Member]	'		'		'		'		'	'
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	352.1	[4]	347.4	[4]	406.7	[4]	418.3	[4]	'	'
Bad debt expense	1	[4]	1.8	[4]	1.4	[4]	1.6	[4]	'	'
Depreciation and amortization	3.7	[1],[4]	4.3	[1],[4]	7.7	[1],[4]	8.1	[1],[4]	'	'
Amortization	4.1	[2],[4]	3.8	[2],[4]	8.1	[2],[4]	7.3	[2],[4]	'	'
Asset impairments	13.4	[3],[4]	'		13.4	[3],[4]	'		'	'
Segment operating income (loss)	68.9	[4]	69.4	[4]	7.4	[4]	14.5	[4]	'	'
Segment assets	489.6	[4]	565.3	[4]	489.6	[4]	565.3	[4]	'	'
Goodwill	40.9	[4]	54.3	[4]	40.9	[4]	54.3	[4]	'	'
Expenditures for long-lived assets including royalty advances	10.5	[4]	12.1	[4]	21.9	[4]	27.2	[4]	'	'
Long-lived assets	149.6	[4]	171.4	[4]	149.6	[4]	171.4	[4]	'	'
Educational Technology and Services [Member]	'		'		'		'		'	'
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	60.9	[4]	52.2	[4]	155.7	[4]	132.2	[4]	'	'
Bad debt expense	0	[4]	-0.2	[4]	0.4	[4]	0.1	[4]	'	'
Depreciation and amortization	0.2	[1],[4]	0.3	[1],[4]	0.5	[1],[4]	0.6	[1],[4]	'	'
Amortization	7.4	[2],[4]	5.2	[2],[4]	13.4	[2],[4]	10.7	[2],[4]	'	'
Asset impairments	'	[3],[4]	'		'	[3],[4]	'		'	'
Segment operating income (loss)	6.9	[4]	5.3	[4]	43.1	[4]	30.1	[4]	'	'
Segment assets	180.3	[4]	170.9	[4]	180.3	[4]	170.9	[4]	'	'
Goodwill	22.7	[4]	22.7	[4]	22.7	[4]	22.7	[4]	'	'
Expenditures for long-lived assets including royalty advances	7.3	[4]	9.2	[4]	15.8	[4]	17.4	[4]	'	'
Long-lived assets	118.2	[4]	106.9	[4]	118.2	[4]	106.9	[4]	'	'
Classroom and Supplemental Materials Publishing [Member]	'		'		'		'		'	'
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	59.1	[4]	53.2	[4]	96.9	[4]	91.1	[4]	'	'
Bad debt expense	0.6	[4]	1.4	[4]	0.6	[4]	1.2	[4]	'	'
Depreciation and amortization	0.3	[1],[4]	0.3	[1],[4]	0.6	[1],[4]	0.7	[1],[4]	'	'
Amortization	2.2	[2],[4]	1.9	[2],[4]	4.5	[2],[4]	3.6	[2],[4]	'	'
Asset impairments	'	[3],[4]	'		'	[3],[4]	'		'	'
Segment operating income (loss)	10.7	[4]	7.4	[4]	9.1	[4]	4.8	[4]	'	'
Segment assets	152.8	[4]	170.2	[4]	152.8	[4]	170.2	[4]	'	'
Goodwill	65.4	[4]	65.4	[4]	65.4	[4]	65.4	[4]	'	'
Expenditures for long-lived assets including royalty advances	2.6	[4]	2.4	[4]	4.6	[4]	4.2	[4]	'	'
Long-lived assets	90.3	[4]	90	[4]	90.3	[4]	90	[4]	'	'
Media, Licensing and Advertising [Member]	'		'		'		'		'	'
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	15.5	[4]	17	[4]	25.9	[4]	31.4	[4]	'	'
Bad debt expense	0.1	[4]	'	[4]	0.1	[4]	'	[4]	'	'
Depreciation and amortization	0	[1],[4]	0.1	[1],[4]	0.1	[1],[4]	0.2	[1],[4]	'	'
Amortization	0.5	[2],[4]	0.8	[2],[4]	1	[2],[4]	1.3	[2],[4]	'	'
Asset impairments	'	[3],[4]	'		'	[3],[4]	'		'	'
Segment operating income (loss)	-0.4	[4]	2	[4]	-2.3	[4]	2.2	[4]	'	'
Segment assets	27.1	[4]	31	[4]	27.1	[4]	31	[4]	'	'
Goodwill	5.4	[4]	5.4	[4]	5.4	[4]	5.4	[4]	'	'
Expenditures for long-lived assets including royalty advances	2.5	[4]	0.8	[4]	3.6	[4]	1.9	[4]	'	'
Long-lived assets	14.1	[4]	12	[4]	14.1	[4]	12	[4]	'	'
Overhead [Member]	'		'		'		'		'	'
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	'	[4],[5]	'	[4],[5]	'	[4],[5]	'	[4],[5]	'	'
Bad debt expense	'	[4],[5]	'	[4],[5]	'	[4],[5]	'	[4],[5]	'	'
Depreciation and amortization	10.5	[1],[4],[5]	10.4	[1],[4],[5]	20.5	[1],[4],[5]	20.7	[1],[4],[5]	'	'
Amortization	'	[2],[4],[5]	'	[2],[4],[5]	'	[2],[4],[5]	'	[2],[4],[5]	'	'
Asset impairments	'	[3],[4],[5]	'		'	[3],[4],[5]	'		'	'
Segment operating income (loss)	-13.6	[4],[5]	-6.8	[4],[5]	-30	[4],[5]	-24.1	[4],[5]	'	'
Segment assets	456.4	[4],[5]	513	[4],[5]	456.4	[4],[5]	513	[4],[5]	'	'
Goodwill	'	[4],[5]	'	[4],[5]	'	[4],[5]	'	[4],[5]	'	'
Expenditures for long-lived assets including royalty advances	2.8	[4],[5]	10.8	[4],[5]	8	[4],[5]	18.3	[4],[5]	'	'
Long-lived assets	228.7	[4],[5]	244.3	[4],[5]	228.7	[4],[5]	244.3	[4],[5]	'	'
Total Domestic [Member]	'		'		'		'		'	'
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	487.6		469.8		685.2		673		'	'
Bad debt expense	1.7		3		2.5		2.9		'	'
Depreciation and amortization	14.7	[1]	15.4	[1]	29.4	[1]	30.3	[1]	'	'
Amortization	14.2	[2]	11.7	[2]	27	[2]	22.9	[2]	'	'
Asset impairments	13.4	[3]	'		13.4	[3]	'		'	'
Segment operating income (loss)	72.5		77.3		27.3		27.5		'	'
Segment assets	1,306.20		1,450.40		1,306.20		1,450.40		'	'
Goodwill	134.4		147.8		134.4		147.8		'	'
Expenditures for long-lived assets including royalty advances	25.7		35.3		53.9		69		'	'
Long-lived assets	600.9		624.6		600.9		624.6		'	'
International Segment [Member]	'		'		'		'		'	'
Segment Reporting Information [Line Items]	'		'		'		'		'	'
Revenues	135.6	[4]	143.7	[4]	214.3	[4]	233.9	[4]	'	'
Bad debt expense	0.8	[4]	1	[4]	1.4	[4]	1.6	[4]	'	'
Depreciation and amortization	1.2	[1],[4]	1.3	[1],[4]	2.4	[1],[4]	2.5	[1],[4]	'	'
Amortization	0.4	[2],[4]	0.3	[2],[4]	0.9	[2],[4]	0.9	[2],[4]	'	'
Asset impairments	'	[3],[4]	'		'	[3],[4]	'		'	'
Segment operating income (loss)	22.2	[4]	24.7	[4]	21.5	[4]	27.5	[4]	'	'
Segment assets	273.3	[4]	310.3	[4]	273.3	[4]	310.3	[4]	'	'
Goodwill	10.1	[4]	10	[4]	10.1	[4]	10	[4]	'	'
Expenditures for long-lived assets including royalty advances	2.7	[4]	2.7	[4]	5.2	[4]	5.1	[4]	'	'
Long-lived assets	$67.30	[4]	$71.20	[4]	$67.30	[4]	$71.20	[4]	'	'
[1]	Includes depreciation of property, plant and equipment and amortization of intangible assets.
[2]	Includes amortization of prepublication and production costs.
[3]	Includes an impairment of goodwill (see Note 7, "Goodwill and Other Intangibles").
[4]	As discussed under "Discontinued Operations" in Note 1, "Basis of Presentation," the Company closed 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.
[5]	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.

Debt_Details

Debt (Details) (USD $)

1 Months Ended

6 Months Ended

In Millions, unless otherwise specified

Dec. 05, 2012

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

31-May-13

Nov. 30, 2012

Unsecured Debt [Member]

Secured Debt [Member]

Federal Funds Rate [Member]

Eurodollar Rate [Member]

LIBOR Rate [Member]

Standby Letter Of Credit [Member]

Loan Agreement [Member]

Unsecured Debt [Member]

Unsecured Debt [Member]

Unsecured Debt [Member]

Debt (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Current Borrowing Capacity

'

$425

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Expiration Date

5-Dec-17

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Interest Rate During Period

'

'

'

'

0.50%

'

'

'

'

'

'

'

Line of Credit Facility, Interest Rate Description

'

'

'

'

'

'Eurodollar Rate for a one month interest period plus 1% plus, in each case, an applicable spread ranging from 0.18% to 0.60%

'London interbank offered rate (LIBOR) plus an applicable spread ranging from 1.18% to 1.60%

'

'

'

'

'

Line Of Credit Facility Base Rate Advances

'

0.18%

'

'

'

'

'

'

'

'

'

'

Line Of Credit Facility Eurodollar Rate Advances

'

1.18%

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Fee Percentage Range Minimum

'

0.20%

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility Fee Percentage Range Maximum

'

0.40%

'

'

'

'

'

'

'

'

'

'

Line Of Credit Facility Fee Percentage

'

0.20%

'

'

'

'

'

'

'

'

'

'

Standby Letters of Credit

'

'

'

'

'

'

'

6.6

1.4

'

'

'

Credit Lines Available

'

'

19.8

39.3

'

'

'

'

'

'

'

'

Credit Lines Borrowed Amount

'

'

'

'

'

'

'

'

'

$9.60

$2

$0.70

Debt_Details_Schedule_of_debt

Debt (Details) - Schedule of debt (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Debt (Details) - Schedule of debt [Line Items]	'	'	'
Debt Long Term And Short Term Outstanding, Carrying Value	$9.60	$2	$153.60
Debt Long Term And Short Term Outstanding, Fair Value	9.6	2	155.8
Less lines of credit, short-term debt and current portion of long-term debt	-9.6	-2	-0.7
Less lines of credit, short-term debt and current portion of long-term debt	-9.6	-2	-0.7
Total long-term debt	'	'	152.9
Total long-term debt	'	'	155.1
Line of Credit [Member]	'	'	'
Debt (Details) - Schedule of debt [Line Items]	'	'	'
Debt Long Term And Short Term Outstanding, Carrying Value	9.6	2	0.7
Debt Long Term And Short Term Outstanding, Fair Value	9.6	2	0.7
Notes Due 2013 [Member]	'	'	'
Debt (Details) - Schedule of debt [Line Items]	'	'	'
Debt Long Term And Short Term Outstanding, Carrying Value	'	'	152.9
Debt Long Term And Short Term Outstanding, Fair Value	'	'	$155.10

Debt_Details_Schedule_of_debt_

Debt (Details) - Schedule of debt (Parentheticals)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
Line of Credit [Member]	'	'	'
Debt (Details) - Schedule of debt (Parentheticals) [Line Items]	'	'	'
Lines of credit weighted average interest rate	5.10%	9.00%	4.70%
Notes Due 2013 [Member]	'	'	'
Debt (Details) - Schedule of debt (Parentheticals) [Line Items]	'	'	'
Debt Instrument, Interest Rate, Stated Percentage	'	'	5.00%

Debt_Details_Schedule_of_Matur

Debt (Details) - Schedule of Maturities of Long-term Debt (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Schedule of Maturities of Long-term Debt [Abstract]	'	'	'
2014	$9.60	'	'
Total debt	$9.60	$2	$153.60

Earnings_Loss_Per_Share_Detail

Earnings (Loss) Per Share (Details) (USD $)	1 Months Ended	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2013	Nov. 30, 2012	Nov. 30, 2013	Nov. 30, 2012
Earnings Per Share [Abstract]	'	'	'	'	'
Undistributed Earnings Allocated to Participating Securities	'	$0.10	$0.20	$0.10	$0.10
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)	'	1.3	'	'	'
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$13.40	'	'	$13.40	'

Earnings_Loss_Per_Share_Detail1

Earnings (Loss) Per Share (Details) - Schedule of Earnings Per Share, Basic and Diluted (USD $)	3 Months Ended		6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	Nov. 30, 2013	Nov. 30, 2012
Schedule of Earnings Per Share, Basic and Diluted [Abstract]	'	'	'	'
Earnings (loss) from continuing operations attributable to Class A and Common Shares (in Dollars)	$58.20	$62.40	$28.10	$30.80
Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax (in Dollars)	0	-0.8	0.2	-1.2
Net income (loss) attributable to Class A and Common Shares (in Dollars)	$58.20	$61.60	$28.30	$29.60
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions) (in Shares)	31.9	31.9	31.8	31.7
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) (in Shares)	0.4	0.8	0.6	0.7
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions) (in Shares)	32.3	32.7	32.4	32.4
Basic earnings (loss) per share:	'	'	'	'
Earnings (loss) from continuing operations	$1.82	$1.95	$0.88	$0.97
Earnings (loss) from discontinued operations, net of tax	$0	($0.02)	$0.01	($0.04)
Net income (loss)	$1.82	$1.93	$0.89	$0.93
Diluted earnings (loss) per share:	'	'	'	'
Earnings (loss) from continuing operations	$1.80	$1.91	$0.87	$0.95
Earnings (loss) from discontinued operations, net of tax	$0	($0.02)	$0.01	($0.04)
Net income (loss)	$1.80	$1.89	$0.88	$0.91

Earnings_Loss_Per_Share_Detail2

Earnings (Loss) Per Share (Details) - Schedule of Options Outstanding	Nov. 30, 2013	Nov. 30, 2012
In Millions, unless otherwise specified
Schedule of Options Outstanding [Abstract]	'	'
Options outstanding pursuant to stock-based compensation plans (in millions)	4.7	4.3

Goodwill_and_Other_Intangibles2

Goodwill and Other Intangibles (Details) (USD $)	6 Months Ended	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2013	Nov. 30, 2013	Nov. 30, 2012
		Children's Book Publishing and Distribution [Member]	Finite-Lived Intangible Assets [Member]	Finite-Lived Intangible Assets [Member]
Goodwill and Other Intangibles (Details) [Line Items]	'	'	'	'
Goodwill, Impairment Loss	($13.40)	$13.40	'	'
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	'	13	'	'
Reporting Unit, Carrying Value	'	66.9	'	'
Fair Value Inputs, Discount Rate	'	15.50%	'	'
Fair Value Inputs, Long-term Revenue Growth Rate	'	3.00%	'	'
Fair Value Inputs, Revenue Multiple	'	0.4	'	'
Amortization of Intangible Assets	'	'	$1.20	$1.30
Finite-Lived Intangible Asset, Useful Life	'7 years	'	'	'

Goodwill_and_Other_Intangibles3

Goodwill and Other Intangibles (Details) - Schedule of activity in goodwill (USD $)	6 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	31-May-13
Schedule of activity in goodwill [Abstract]	'	'	'
Gross beginning balance	$178.70	$178.50	$178.50
Accumulated impairment	-20.8	-20.8	-20.8
Beginning balance	157.9	157.7	157.7
Impairment charge	-13.4	'	'
Foreign currency translation	0	0.1	0
Other	'	'	0.2
Gross ending balance	178.7	178.6	178.7
Accumulated impairment	-34.2	-20.8	-20.8
Ending balance	$144.50	$157.80	$157.90

Goodwill_and_Other_Intangibles4

Goodwill and Other Intangibles (Details) - Schedule of other intangible assets subject to amortization (USD $)	6 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	31-May-13
Finite-Lived Intangible Assets [Line Items]	'	'	'
Total other intangibles subject to amortization	$11.40	$13.60	$12.60
Trademarks and other	2	2	2
Total other intangibles not subject to amortization	2	2	2
Total other intangibles	13.4	15.6	14.6
Customer Lists [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Begining balance	3.4	4.3	4.3
Additions due to acquisition	'	0.1	0.1
Amortization expense	-0.5	-0.5	-1
Foreign currency translation	0	0	0
Total other intangibles subject to amortization	2.9	3.9	3.4
Other Intangible Assets [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Begining balance	9.2	10.4	10.4
Additions due to acquisition	'	'	0.2
Amortization expense	-0.7	-0.8	-1.5
Foreign currency translation	0	'	'
Other	'	0.1	0.1
Total other intangibles subject to amortization	$8.50	$9.70	$9.20

Goodwill_and_Other_Intangibles5

Goodwill and Other Intangibles (Details) - Schedule of other intangible assets subject to amortization (Parentheticals) (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Customer Lists [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Accumulated amortization	$2.70	$2.30	$1.80
Other Intangible Assets [Member]	'	'	'
Finite-Lived Intangible Assets [Line Items]	'	'	'
Accumulated amortization	$12.70	$12	$11.30

Investments_Details

Investments (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	31-May-13
Investments (Details) [Line Items]	'	'	'
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$23.70	$22.90	$19.60
Equity Method Investments	18.9	17.3	14.6
Income (Loss) from Equity Method Investments	1.8	1.5	'
Income (Loss) from Equity Method Investment Settlement	'	1.3	'
Software Development Business [Member]	'	'	'
Investments (Details) [Line Items]	'	'	'
Equity Method Investment, Ownership Percentage	20.00%	'	'
Equity Method Investments	$1	'	'
UK Non-controlling [Member]	'	'	'
Investments (Details) [Line Items]	'	'	'
Noncontrolling Interest, Ownership Percentage by Parent	15.00%	'	'
UK Equity-method [Member]	'	'	'
Investments (Details) [Line Items]	'	'	'
Equity Method Investment, Ownership Percentage	26.20%	'	'

Investments_Details_Schedule_o

Investments (Details) - Schedule of cost and equity method investments (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Cost method investments:	'	'	'
Cost method investments	$4.80	$5	$5.60
Equity method investments:	'	'	'
Equity method investments	18.9	14.6	17.3
Total	23.7	19.6	22.9
UK Non-controlling [Member]	'	'	'
Cost method investments:	'	'	'
Cost method investments	4.8	5	5.6
UK Equity-method [Member]	'	'	'
Equity method investments:	'	'	'
Equity method investments	17.9	14.6	17.3
Software Development Business [Member]	'	'	'
Equity method investments:	'	'	'
Equity method investments	$1	'	'

Employee_Benefit_Plans_Details

Employee Benefit Plans (Details) (USD $)	6 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2013	31-May-14
	United States Pension Plan [Member]	United Kingdom Pension Plan [Member]	Pension Plans [Member]
Employee Benefit Plans (Details) [Line Items]	'	'	'
Pension Contributions	$3.30	$0.60	$7.50

Employee_Benefit_Plans_Details1

Employee Benefit Plans (Details) - Schedule of net periodic costs (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	Nov. 30, 2013	Nov. 30, 2012
Other Pension Plan, Defined Benefit [Member]	'	'	'	'
Employee Benefit Plans (Details) - Schedule of net periodic costs [Line Items]	'	'	'	'
Interest cost	$1.80	$1.70	$3.60	$3.50
Expected return on assets	-3.2	-2.6	-6.3	-5.3
Amortization of loss	0.5	0.5	0.9	1.1
Net periodic benefit (credit) cost	-0.9	-0.4	-1.8	-0.7
Other Postretirement Benefit Plan, Defined Benefit [Member]	'	'	'	'
Employee Benefit Plans (Details) - Schedule of net periodic costs [Line Items]	'	'	'	'
Service cost	0	0	0	0
Interest cost	0.3	0.4	0.7	0.8
Net amortization of prior service credit	0	-0.1	-0.1	-0.2
Amortization of loss	0.6	0.9	1.2	1.9
Net periodic benefit (credit) cost	$0.90	$1.20	$1.80	$2.50

StockBased_Compensation_Detail

Stock-Based Compensation (Details) - Schedule of stock-based compensation (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	Nov. 30, 2013	Nov. 30, 2012
Stock-Based Compensation (Details) - Schedule of stock-based compensation [Line Items]	'	'	'	'
Stock option expense	$4.40	$0.60	$4.60	$1.60
Restricted stock unit expense	1.2	0.8	1.9	1.8
Stock-based compensation expense	5.6	2.1	6.7	4.2
Management Stock Purchase Plan [Member]	'	'	'	'
Stock-Based Compensation (Details) - Schedule of stock-based compensation [Line Items]	'	'	'	'
Stock-based compensation expense	0	0.6	0.1	0.6
Employee Stock Purchase Plan [Member]	'	'	'	'
Stock-Based Compensation (Details) - Schedule of stock-based compensation [Line Items]	'	'	'	'
Stock-based compensation expense	$0	$0.10	$0.10	$0.20

Accrued_Severance_Details

Accrued Severance (Details) (USD $)	Nov. 30, 2013
In Millions, unless otherwise specified
Disclosure For Accrued Severance [Abstract]	'
Amount of severance expense incurred in the period for cost saving initiatives	$7.50

Accrued_Severance_Details_Sche

Accrued Severance (Details) - Schedule of accrued severance cost associated with cost reduction measures (USD $)	6 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012	31-May-13
Schedule of accrued severance cost associated with cost reduction measures [Abstract]	'	'	'
Beginning balance	$3.30	$2.70	$2.70
Accruals	7.8	2.1	13.4
Payments	-6.1	-2.9	-12.8
Ending balance	$5	$1.90	$3.30

Treasury_Stock_Details

Treasury Stock (Details) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2013
Disclosure Text Block Supplement [Abstract]	'	'
Treasury Stock, Value, Acquired, Cost Method	$5.60	$6.20

Treasury_Stock_Details_Schedul

Treasury Stock (Details) - Schedule of repurchase of common stock (USD $)	1 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Sep. 30, 2010	Nov. 30, 2013
Schedule of repurchase of common stock [Abstract]	'	'	'
Sep-10	'	$44	'
Less repurchases made under this authorization	-30.6	'	'
Remaining Board authorization at November 30, 2013	$13.40	'	$13.40

Income_Taxes_and_Other_Taxes_D

Income Taxes and Other Taxes (Details)	12 Months Ended
	31-May-14
Income Tax And Non Income Tax Disclosure [Abstract]	'
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	40.00%

Derivatives_and_Hedging_Detail

Derivatives and Hedging (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'	'
Unrealized Gain On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments	$0.10	$0.10

Other_Accrued_Expenses_Details

Other Accrued Expenses (Details) - Schedule of accrued expenses (USD $)	Nov. 30, 2013	31-May-13	Nov. 30, 2012
In Millions, unless otherwise specified
Schedule of accrued expenses [Abstract]	'	'	'
Accrued payroll, payroll taxes and benefits	$44.80	$45.80	$45.70
Accrued bonus and commissions	21.4	22	16.5
Accrued other taxes	28.4	29.3	36.6
Accrued advertising and promotions	39.6	38.2	41.1
Accrued income taxes	11.4	5.5	11.3
Accrued insurance	7.8	8.7	8.7
Other accrued expenses	30.6	30	35.2
Total accrued expenses	$184	$179.50	$195.10

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	0 Months Ended	6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 13, 2013	Dec. 18, 2013	Feb. 03, 2014	Jan. 12, 2014
Subsequent Events (Details) [Line Items]	'	'	'	'
Subsequent Event, Description	'On December 13, 2013, the Company delivered an acceptance of offer ("Acceptance Letter") to purchase its headquarters space (both land and building) at 555 Broadway, New York, NY (the "Property") from its landlord, ISE 555 Broadway, LLC (the "Landlord").Under the terms of the Amended and Restated Lease effective as of August 1, 1999 between the Landlord and the Company (the "Lease"), the Landlord was obligated to offer to sell the Property to the Company prior to marketing the Property for sale to a third party. Pursuant to Section 2.03 of the Lease, the Landlord made the required written offer pursuant to a notice dated October 16, 2013 ("Landlord's Offer Notice").Under the terms of the Lease and the Landlord's Offer Notice, by accepting the Landlord's offer the Company is obligated to purchase the Property for $255 in cash with no financing contingency, pursuant to a definitive contract of sale which must be executed within thirty (30) days of the receipt of the Company's Acceptance Letter and which must be consistent with contracts for the sale of like property in the Borough of Manhattan. The Company will be required to deposit into escrow, with the Landlord's counsel, $50 upon execution of the definitive contract of sale as required by the Landlord's Offer Notice. The transaction is to be completed by February 3, 2014, subject to the right of the Company to demand one thirty (30) day extension upon the payment of an additional $5 into the escrow. The Company will use existing cash and availability under the Loan Agreement to finance this purchase.	'On December 18, 2013, the Company announced that the Board of Directors declared a cash dividend of $0.15 per Class A and Common share in respect of the third quarter of fiscal 2014. The dividend is payable on March 17, 2014 to stockholders of record on January 31, 2014.	'	'
Subsequent Event Amount Pursuant to Definitive Contract (in Dollars)	'	'	'	$255
Subsequent Event Deposit Escrow (in Dollars)	'	'	$5	$50
Subsequent Event, Date	'	18-Dec-13	'	'
Common Class A [Member]	'	'	'	'
Subsequent Events (Details) [Line Items]	'	'	'	'
Subsequent Event Dividend Declared Per Share (in Dollars per share)	'	0.15	'	'
Common Stock [Member]	'	'	'	'
Subsequent Events (Details) [Line Items]	'	'	'	'
Subsequent Event Dividend Declared Per Share (in Dollars per share)	'	0.15	'	'