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SCHOLASTIC CORP 10-Q --05-31 30239455 1656200 false 0000866729 Yes No Large Accelerated Filer Yes 2013 Q3 2013-02-28

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, comprehensive income, results of operations 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, 2012 (the “Annual Report”). The Company’s fiscal year is not a calendar year. Accordingly, references in this document to fiscal 2012 relate to the twelve-month period ended May 31, 2012. Segment The Company determined that a software business previously reported in the Media, Licensing and Advertising segment should be reported in the Children’s Book Publishing and Distribution segment consistent with changes in the Company’s internal reporting structure. All prior periods reflect this change. Reclassifications Certain reclassifications have been made to conform to the current year presentation. Other Comprehensive Income (Loss) The Company reported net amortization expense of prior service and gains and losses for pension and post-retirement benefit plans in Selling, general and administrative expenses of $0.7 and $3.6 for the three and nine months ended February 28, 2013, respectively, and $0.9 and $3.7 for the three and nine months ended February 29, 2012, respectively. These amounts had previously been recognized as a component of accumulated other comprehensive income. Discontinued Operations The Company closed or sold several operations during fiscal 2009, fiscal 2010 and fiscal 2012, and presently holds for sale one facility. 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 school-based book clubs, school-based book fairs 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, school-based book club and book fair 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 ongoing basis, the Company evaluates the adequacy of its reserves and the estimates used in calculations, including, but not limited to: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="4%" valign="top">   </td> <td width="92%" valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Accounts receivable, returns and allowances </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Pension and other post-retirement obligations </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Uncertain tax positions </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Inventory reserves </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Gross profits for book fair operations during interim periods </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Sales taxes </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Royalty advance reserves </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Customer reward programs </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Impairment testing for goodwill, intangibles and other long-lived assets </td> </tr> </table> Restricted Cash The condensed consolidated balance sheets include restricted cash of $1.6, $1.0 and $1.6 at February 28, 2013, May 31, 2012 and February 29, 2012, respectively, which is reported in “Other current assets.” New Accounting Pronouncements In February 2013, the Financial Accounting Standards Board (the “FASB”) issued an update to the authoritative guidance related to the reporting of amounts reclassified out of accumulated other comprehensive income. This new requirement about presenting information about amounts reclassified out of accumulated other comprehensive income and their corresponding effect on net income will present, in one place, information about significant amounts reclassified and, in some cases, cross-references to related footnote disclosures. The disclosure amendments in this update are effective prospectively for reporting periods beginning after December 15, 2012 and early adoption is permitted. The Company is evaluating the impact of this update on its consolidated financial position, results of operations and related disclosures, and will adopt this guidance in the fourth quarter of fiscal 2013. In July 2012, the FASB issued an update to the authoritative guidance related to the impairment testing of indefinite-lived intangible assets. Similar to the guidance for goodwill impairment testing, companies will have the option to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of the indefinite-lived intangible asset is less than its carrying value. The guidance provides companies with a revised list of examples of events and circumstances to consider, in their totality, to determine whether it is more likely than not that the fair value of the asset is less than its carrying amount. If a company concludes that this is the case, the company is required to perform the quantitative impairment test by comparing the fair value with the carrying value. Otherwise, a company can skip the quantitative test. Companies are not required to perform the qualitative assessment and are permitted to skip the qualitative assessment for any indefinite-lived asset in any period and proceed directly to the quantitative impairment test. The company may resume performing the qualitative assessment in any subsequent period. The amendments are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The Company is evaluating the impact of this update on its consolidated financial position and results of operations.

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, comprehensive income, results of operations 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, 2012 (the “Annual Report”). The Company’s fiscal year is not a calendar year. Accordingly, references in this document to fiscal 2012 relate to the twelve-month period ended May 31, 2012.

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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 ongoing basis, the Company evaluates the adequacy of its reserves and the estimates used in calculations, including, but not limited to: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="4%" valign="top">   </td> <td width="92%" valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Accounts receivable, returns and allowances </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Pension and other post-retirement obligations </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Uncertain tax positions </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Inventory reserves </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Gross profits for book fair operations during interim periods </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Sales taxes </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Royalty advance reserves </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Customer reward programs </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Impairment testing for goodwill, intangibles and other long-lived assets</td></tr></table>

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New Accounting Pronouncements In February 2013, the Financial Accounting Standards Board (the “FASB”) issued an update to the authoritative guidance related to the reporting of amounts reclassified out of accumulated other comprehensive income. This new requirement about presenting information about amounts reclassified out of accumulated other comprehensive income and their corresponding effect on net income will present, in one place, information about significant amounts reclassified and, in some cases, cross-references to related footnote disclosures. The disclosure amendments in this update are effective prospectively for reporting periods beginning after December 15, 2012 and early adoption is permitted. The Company is evaluating the impact of this update on its consolidated financial position, results of operations and related disclosures, and will adopt this guidance in the fourth quarter of fiscal 2013. In July 2012, the FASB issued an update to the authoritative guidance related to the impairment testing of indefinite-lived intangible assets. Similar to the guidance for goodwill impairment testing, companies will have the option to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of the indefinite-lived intangible asset is less than its carrying value. The guidance provides companies with a revised list of examples of events and circumstances to consider, in their totality, to determine whether it is more likely than not that the fair value of the asset is less than its carrying amount. If a company concludes that this is the case, the company is required to perform the quantitative impairment test by comparing the fair value with the carrying value. Otherwise, a company can skip the quantitative test. Companies are not required to perform the qualitative assessment and are permitted to skip the qualitative assessment for any indefinite-lived asset in any period and proceed directly to the quantitative impairment test. The company may resume performing the qualitative assessment in any subsequent period. The amendments are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The Company is evaluating the impact of this update on its consolidated financial position and results of operations.

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: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="50%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Non-cash impairment </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Earnings (loss) before income taxes </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (4.0 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Income tax benefit (expense) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations, net of tax </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.4 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (2.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> 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: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="53%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="6%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="5%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="6%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Property and plant </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Current assets of discontinued operations </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued expenses and other current liabilities </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Current liabilities of discontinued operations </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

The following table summarizes the operating results of the discontinued operations for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="50%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Non-cash impairment </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Earnings (loss) before income taxes </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (4.0 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Income tax benefit (expense) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations, net of tax </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.4 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (2.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

100000

-900000

100000

-600000

-300000

-4000000

-100000

200000

100000

1100000

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: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="53%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="6%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="5%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="6%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Property and plant </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Current assets of discontinued operations </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued expenses and other current liabilities </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Current liabilities of discontinued operations </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $   </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

7000000

9300000

1600000 2100000 1200000

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; andInternational. 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. <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="96%" valign="top">   </td> </tr> <tr> <td valign="top"> • </td> <td valign="top"> Children’s Book Publishing and Distribution operates as an integrated business which includes the publication and distribution of children’s books and other products in the United States through school-based book clubs and book fairs, ecommerce and the trade channel. This segment is comprised of three operating segments. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> • </td> <td valign="top"> 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. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> • </td> <td valign="top"> 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. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> • </td> <td valign="top"> 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. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> • </td> <td valign="top"> 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 two operating segments. </td> </tr> </table> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="18%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="5%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Children’s Book Publishing and Distribution(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Educational Technology and Services(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Classroom and Supplemental Materials Publishing(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Media, Licensing and Advertising(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Overhead(1) (3) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total Domestic </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> International(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 189.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 41.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 43.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 11.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 286.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 94.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 380.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.6 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 15.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (10.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (3.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (2.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (13.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (29.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (27.7 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 34.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 38.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 268.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 40.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 38.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 14.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 361.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 105.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 467.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 14.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (5.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (3.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (17.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (16.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (11.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 34.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="17%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="5%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Children’s Book Publishing and Distribution(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Educational Technology and Services(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Classroom and Supplemental Materials Publishing(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Media, Licensing and Advertising(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Overhead(1) (3) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total Domestic </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> International(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 610.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 174.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 134.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 43.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 962.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 328.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1,290.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 45.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 49.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 35.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 36.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 26.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (37.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (3.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 29.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 25.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment assets at 2/28/2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 549.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 177.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 159.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 27.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 434.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,347.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 298.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,646.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Goodwill at 2/28/2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 54.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 22.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 65.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 147.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 158.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 28.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 25.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 104.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 113.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Long-lived assets at 2/28/2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 170.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 111.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 90.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 13.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 241.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 627.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 68.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 695.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 739.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 202.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 142.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 49.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1,132.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 337.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1,470.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 27.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 41.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 46.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 15.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 34.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 36.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 70.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 47.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (3.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (59.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 64.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 30.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 94.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment assets at 2/29/2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 597.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 156.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 153.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 38.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 397.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,342.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 294.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,636.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Goodwill at 2/29/2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 54.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 22.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 70.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 152.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 162.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 18.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 22.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 87.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 96.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Long-lived assets at 2/29/2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 173.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 98.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 88.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 19.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 242.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 623.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 67.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 690.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="96%" valign="top">   </td> </tr> <tr> <td valign="top"> (1) </td> <td valign="top"> As discussed under “Discontinued Operations” in Note 1, “Basis of Presentation,” the Company closed or sold several operations during fiscal 2009, fiscal 2010 and fiscal 2012, and presently holds for sale one facility. All of these businesses are classified as discontinued operations in the Company’s financial statements and, as such, are not reflected in this table. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> (2) </td> <td valign="top"> As discussed under “Segment” in Note 1, a business previously reported in the Media, Licensing and Advertising segment is now included in the Children’s Book Publishing and Distribution segment. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> (3) </td> <td valign="top"> 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. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> (4) </td> <td valign="top"> Includes depreciation of property, plant and equipment and amortization of intangible assets. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> (5) </td> <td valign="top"> Includes amortization of prepublication and production costs. </td> </tr> </table>

Schedule of segment reporting information <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="18%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="5%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Children’s Book Publishing and Distribution(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Educational Technology and Services(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Classroom and Supplemental Materials Publishing(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Media, Licensing and Advertising(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Overhead(1) (3) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total Domestic </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> International(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 189.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 41.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 43.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 11.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 286.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 94.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 380.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.6 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 15.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (10.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (3.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (2.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (13.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (29.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (27.7 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 34.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 38.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 268.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 40.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 38.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 14.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 361.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 105.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 467.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 14.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (5.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (3.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (17.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (16.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (11.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 34.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table><table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="17%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="7%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="5%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Children’s Book Publishing and Distribution(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Educational Technology and Services(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Classroom and Supplemental Materials Publishing(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Media, Licensing and Advertising(1) (2) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Overhead(1) (3) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total Domestic </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> International(1) </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Total </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 610.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 174.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 134.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 43.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 962.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 328.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1,290.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 45.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 49.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 35.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 36.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 26.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (37.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (3.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 29.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 25.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment assets at 2/28/2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 549.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 177.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 159.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 27.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 434.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,347.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 298.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,646.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Goodwill at 2/28/2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 54.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 22.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 65.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 147.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 158.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 28.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 25.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 104.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 113.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Long-lived assets at 2/28/2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 170.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 111.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 90.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 13.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 241.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 627.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 68.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 695.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Revenues </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 739.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 202.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 142.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 49.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1,132.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 337.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1,470.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Bad debt expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Depreciation and amortization(4) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 11.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 27.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 41.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 46.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization(5) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 15.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 34.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 36.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loss on leases and asset impairments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment operating income (loss) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 70.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 47.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (3.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (59.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 64.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 30.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 94.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Segment assets at 2/29/2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 597.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 156.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 153.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 38.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 397.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,342.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 294.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1,636.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Goodwill at 2/29/2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 54.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 22.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 70.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 152.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 162.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expenditures for long-lived assets including royalty advances </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 18.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 22.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 87.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 9.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 96.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Long-lived assets at 2/29/2012 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 173.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 98.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 88.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 19.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 242.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 623.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 67.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 690.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

189400000

41800000

43200000

11700000

286100000

94400000

-1600000

500000

-1100000

500000

-600000

4000000

300000

100000

10300000

15000000

1500000

3700000 5500000 2100000 1000000 12300000 400000 12700000

-10100000

-3500000

-200000

-2300000

-13600000

-29700000

2000000

11900000 10600000 2700000 1700000 7600000 34500000 3500000 38000000

268800000

40000000

38200000

14400000

361400000

105600000

1600000

300000

400000

2300000

800000

3100000

4400000

200000

300000

9100000

14000000

2000000

2800000 5300000 1800000 1500000 11400000 600000 12000000 500000 500000 300000

12200000

-5900000

-3400000

-1200000

-17900000

-16200000

4300000

11700000 6700000 4900000 1300000 9400000 34000000 5100000 39100000

610600000

174000000

134300000

43100000

962000000

328300000

600000

1200000

1800000

2100000

12100000

900000

1000000

300000

31000000

45300000

4000000

11000000 16200000 5700000 2300000 35200000 1300000

3600000

26600000

4600000

-900000

-37700000

-3800000

29500000

549000000 177100000 159900000 27200000 434400000 1347600000 298900000 1646500000

54300000

22700000

65400000

5400000

147800000

10200000

39100000 28000000 6900000 4800000 25900000 104700000 8600000 113300000 170200000 111800000 90200000 13600000 241500000 627300000 68400000 695700000

739300000

202000000

142600000

49000000

1132900000

337400000

3200000

1000000

1300000

5500000

2300000

11900000

900000

800000

400000

27700000

41700000

4900000

9000000 15600000 4900000 5100000 34600000 1800000 500000 6200000 6700000 300000

70700000

47500000

9000000

-3300000

-59800000

64100000

30800000

597100000 156600000 153300000 38200000 397400000 1342600000 294300000 1636900000

54300000

22700000

70500000

5400000

152900000

10000000

32800000 18000000 9300000 5300000 22000000 87400000 9000000 96400000 173700000 98500000 88300000 19700000 242800000 623000000 67600000 690600000

4. Debt The following table summarizes debt as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="30%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Carrying Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Fair Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Carrying Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Fair Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Carrying Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Fair Value </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="5" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="5" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="5" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Lines of Credit </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 6.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 6.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 12.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 12.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loan Agreement: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Revolving Loan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Term Loan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 5% Notes due 2013, net of discount </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 152.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 155.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 152.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 158.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Total debt </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 159.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 161.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 165.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 171.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Less lines of credit, short-term debt and current portion of long-term debt </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (6.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (6.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (12.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (12.6 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Total long-term debt </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 152.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 155.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 152.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 158.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Lines of Credit weighted average interest rate </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.9 </td> <td valign="bottom"> % </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom"> % </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.7 </td> <td valign="bottom"> % </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> The carrying value of the Company’s short-term debt approximates its fair value. Fair values of the Notes were estimated based on market quotes, where available, or dealer quotes. The following table sets forth the maturities of the Company’s debt obligations as of February 28, 2013, for the twelve-month period ending February 28, <table border="0" cellspacing="0" cellpadding="0" width="37%"> <tr style="FONT-SIZE:1PX"> <td width="63%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="21%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2014 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2015 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2016 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2017 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2018 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total debt </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> Loan Agreement On June 1, 2007, Scholastic Corporation and Scholastic Inc. (each, a “Borrower” and together, the “Borrowers”) entered into a $525.0 credit facility with certain banks (the “Loan Agreement”), consisting of a $325.0 revolving credit component (the “Revolving Loan”) and a $200.0 amortizing term loan component (the “Term Loan”), with the ability to increase the aggregate Revolving Loan commitments of the lenders by up to an additional $150.0. The Loan Agreement was amended on August 16, 2010, on October 25, 2011 and most recently on December 5, 2012. The amendment on December 5, 2012 served to, among other things, (i) increase the Revolving Loan from $325.0 to $425.0 (with the continued ability to increase the aggregate Revolving Loan commitments of the lenders by up to an additional $150.0), (ii) extend the maturity of the $425.0 Revolving Loan to December 5, 2017 from June 1, 2014, (iii) amend a covenant in the Loan Agreement to permit certain sales, transfers and dispositions of assets by either Borrower or any subsidiary to any other Borrower or subsidiary and (iv) amend a covenant in the Loan Agreement to permit transactions between or among the Company and its wholly-owned subsidiaries not involving any other affiliates. Additionally, this amendment added certain lenders to the Loan Agreement and other lenders exited the Loan Agreement with no further obligation. The Loan Agreement also provides for the payment of a facility fee as described below. The Revolving Loan allows the Company to borrow, repay or prepay and reborrow at any time prior to the stated maturity date, and the proceeds may be used for general corporate purposes, including financing for acquisitions and share repurchases. Interest on the Revolving Loan 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 Revolving Loan is dependent upon the Borrower’s election of a rate that is either: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="4%" valign="top">   </td> <td width="92%" valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> 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 an applicable spread ranging from 0.18% to 0.60%, as determined by the Company’s prevailing consolidated debt to total capital ratio. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">                          - Or - </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> 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. </td> </tr> </table> At February 28, 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 February 28, 2013, the facility fee rate was 0.20%. There were no outstanding borrowings under the Revolving Loan as of February 28, 2013. As of February 28, 2013, the Company had open standby letters of credit totaling $6.6, including $1.4 under the Loan Agreement. The Loan Agreement contains certain covenants, including interest coverage and leverage ratio tests and certain limitations on the amount of dividends and other distributions, and at February 28, 2013, the Company was in compliance with these covenants. Lines of Credit As of February 28, 2013, the Company’s domestic credit lines available under unsecured money market bid rate credit lines totaled $20.0. There were no outstanding borrowings under these credit lines at February 28, 2013, May 31, 2012 and February 29, 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 364 days. These credit lines may be renewed, if requested by the Company, at the option of the lender. As of February 28, 2013, the Company had various local currency credit lines, with maximum available borrowings in amounts equivalent to $27.1, 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. Borrowings and weighted average interest rates for these lines of credit are presented in the table above. The increased weighted average interest rate of 8.9% as of February 28, 2013 was higher due to local borrowing interest rates in Asia. 5% Notes due 2013 In April 2003, Scholastic Corporation issued $175.0 of 5% Notes (the “5% Notes”). The 5% Notes are senior unsecured obligations that mature on April 15, 2013. Interest on the 5% Notes is payable semi-annually on April 15 and October 15 of each year through maturity. The Company may at any time redeem all or a portion of the 5% Notes at a redemption price (plus accrued interest to the date of the redemption) equal to the greater of (i) 100% of the principal amount, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the date of redemption. As noted above under “Loan Agreement,” the Company amended the terms of the Revolving Loan to extend the maturity date to December 5, 2017. The Company has the ability to use a portion of this credit facility to fully redeem the 5% Notes due April 15, 2013 and intends to draw on this credit facility for this purpose. Accordingly, the balance of the 5% Notes is excluded from current liabilities and classified as long-term debt on the Company’s condensed consolidated balance sheets at February 28, 2013 and May 31, 2012.

525000000 325000000 200000000 150000000 425000000

2017-12-05

0.00500

0.0018 0.0118 0.0020 0.0040 0.0020 6600000 1400000 20000000 27100000

0.089

175000000

0.05

The following table summarizes debt as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="30%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="2%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="7%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td width="1%" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Carrying Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Fair Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Carrying Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Fair Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Carrying Value </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Fair Value </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="5" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="5" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="5" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Lines of Credit </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 6.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 6.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 12.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 12.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Loan Agreement: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Revolving Loan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Term Loan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 5% Notes due 2013, net of discount </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 152.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 155.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 152.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 158.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Total debt </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 159.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 161.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 165.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 171.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Less lines of credit, short-term debt and current portion of long-term debt </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (6.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (6.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (12.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (12.6 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Total long-term debt </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 152.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 155.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 152.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 158.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Lines of Credit weighted average interest rate </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.9 </td> <td valign="bottom"> % </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom"> % </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.7 </td> <td valign="bottom"> % </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

1800000

6500000

12600000

153000000

152800000

155400000

152700000

158500000

154800000

159300000

161900000

165300000

171100000 1800000 1800000 6500000 6500000 12600000 12600000

153000000

155400000

158500000

0.089

0.053

0.047

0.05

The following table sets forth the maturities of the Company’s debt obligations as of February 28, 2013, for the twelve-month period ending February 28 <table border="0" cellspacing="0" cellpadding="0" width="37%"> <tr style="FONT-SIZE:1PX"> <td width="63%" valign="bottom">   </td> <td width="8%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="21%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2014 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2015 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2016 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2017 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> 2018 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 153.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total debt </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

1800000

153000000

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.

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 dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="46%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net income (loss) attributable to Class A and Common Shares </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (20.1 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (10.3 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 9.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 45.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from continuing operations attributable to Class A and Common Shares </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (20.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (9.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 9.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 48.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.0 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (2.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings attributable to participating securities </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> * </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> * </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Potentially dilutive shares outstanding pursuant to stock-based compensation plans (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) per share of Class A Stock and Common Stock: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Basic earnings (loss) per share: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from continuing operations </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.32 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.31 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.54 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations, net of tax </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.00 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.09 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net income (loss) </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.33 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.30 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.45 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Diluted earnings (loss) per share: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from continuing operations </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.32 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.30 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.52 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations, net of tax </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.00 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.09 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net income (loss) </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.33 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.29 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.43 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="96%" valign="top">   </td> </tr> <tr> <td valign="top"> * </td> <td valign="top"> In the three months ended February 28, 2013 and February 29, 2012, the Company experienced a loss from continuing operations and therefore did not report any dilutive share impact. </td> </tr> </table> The following table sets forth Options outstanding pursuant to stock-based compensation plans as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="52%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="18%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="20%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Options outstanding pursuant to stock-based compensation plans (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> In periods of Net loss, dilutive earnings per share are not reported as the effect of the potentially dilutive shares becomes anti-dilutive. In a period in which the Company reports a discontinued operation, Earnings (loss) from continuing operations is used as the “control number” in determining whether potentially dilutive common shares are dilutive or anti-dilutive. A portion of the Company’s restricted stock units (“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 February 28, 2013, $25.6 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.

25600000

The following table summarizes the reconciliation of the numerators and denominators for the basic and diluted earnings (loss) per share computation for the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="46%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net income (loss) attributable to Class A and Common Shares </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (20.1 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (10.3 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 9.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 45.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from continuing operations attributable to Class A and Common Shares </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (20.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (9.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> 9.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 48.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations attributable to Class A and Common Shares, net of tax </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.0 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (2.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings attributable to participating securities </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> * </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> * </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 31.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Potentially dilutive shares outstanding pursuant to stock-based compensation plans (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) per share of Class A Stock and Common Stock: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Basic earnings (loss) per share: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from continuing operations </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.32 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.31 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.54 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations, net of tax </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.00 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.09 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net income (loss) </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.33 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.30 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.45 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Diluted earnings (loss) per share: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from continuing operations </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.32 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.30 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.52 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Earnings (loss) from discontinued operations, net of tax </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.00 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.01 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.09 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net income (loss) </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.63 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.33 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.29 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.43 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

-20100000

-10300000

9600000

45400000

-20100000 -9900000 9800000 48300000 100000 300000

32000000

31100000

31800000

31100000

600000 500000

32000000

31100000

32400000

31600000

2400000

3700000

2000000

4300000

The following table sets forth Options outstanding pursuant to stock-based compensation plans as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="52%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="18%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="20%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Options outstanding pursuant to stock-based compensation plans (in millions) </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 4.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

4200000

5500000

7. Goodwill and Other Intangibles Goodwill and other intangible assets with indefinite lives are reviewed annually for impairment or more frequently if impairment indicators arise. The following table summarizes the activity in Goodwill as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="46%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Gross beginning balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 178.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 175.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 175.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accumulated impairment </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Beginning balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 157.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Additions due to acquisition </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Foreign currency translation </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Other </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Gross ending balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 178.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 178.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 183.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accumulated impairment </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Ending balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 158.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 157.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 162.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> On February 8, 2012, the Company acquired the business and certain assets of Weekly Reader®, a publisher of weekly educational classroom magazines designed for children in grades Pre-K–12, for $2.0 in cash and $4.8 in assumed liabilities, which have been fulfilled by the Company. The Company utilized Level 3 fair value measurement inputs including internally-developed discounted cash flow forecasts and market comparisons of royalty rates to determine the fair value of the assets acquired and the amount to be allocated to goodwill. As a result, the Company recognized $1.4 of goodwill and $5.4 of intangible assets. The results of operations of this business subsequent to the acquisition date are included in the Classroom and Supplemental Materials Publishing segment. On January 3, 2012, the Company acquired Learners Publishing, a Singapore-based publisher of supplemental learning materials for English-Language Learners, for $3.0, net of cash acquired. The Company utilized Level 3 fair value measurement inputs, using its own assumptions, including internally-developed discounted cash flow forecasts, to determine the fair value of the assets acquired and the amount of goodwill to be allocated to the Learners Publishing business. As a result of this transaction, the Company recorded $1.5 of goodwill. The results of operations of this business subsequent to the acquisition date are included in the International segment. The Company assesses goodwill 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. Goodwill of $64.0 is attributed to a reporting unit (Classroom and Community Group) within the Classroom and Supplemental Materials Publishing segment. During the third quarter of fiscal 2013, the Company determined that this reporting unit had impairment indicators. The Company performed a valuation of this reporting unit and determined that the fair value exceeds the carrying value by greater than 20% as of January 31, 2013. The Company employed Level 3 valuation measures, including expected discounted cash flow analysis and market comparisons. Cash flow forecasts and other assumptions were developed consistent with the internal planning and budgeting processes of the reporting unit. A discount rate of 16% was employed for the discounted cash flow analysis and a factor of 4.5 times EBITDA was used to compare to similar public companies. The discount rate and EBITDA multiples utilized reflect risks specific to the reporting unit, including forecast risk and product diversity risk. Using a discount rate of 18% combined with a multiple of 3.8 times EBITDA would not result in an impairment based upon the valuation methodology employed. The following table summarizes the activity in Total other intangibles subject to amortization as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="47%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Beginning balance - customer lists </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Additions due to acquisition </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Foreign currency translation </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Customer lists, net of accumulated amortization </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 3.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Accumulated amortization - customer lists </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Beginning balance - other intangibles </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 17.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 17.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Impairment charge </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (5.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.5 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Amortization expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.1 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Other </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Other intangibles, net of accumulated amortization </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Accumulated amortization - other intangibles </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 11.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total other intangibles subject to amortization </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 13.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 14.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 16.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> Intangible assets with definite lives consist principally of customer lists, covenants not to compete and publishing 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 seven years. The following table summarizes Total other intangibles amortization expense for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="80%"> <tr style="FONT-SIZE:1PX"> <td width="51%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total other intangibles amortization expense </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> In fiscal 2012, due to declining revenues associated with certain publishing and trademark rights in the Children’s Book Publishing and Distribution segment, the Company determined that the intangible assets associated with these rights were not fully recoverable and recognized an impairment in amortization expense of $4.9 based upon the difference between the carrying value and the fair value of the assets, and reduced the expected useful life of these assets. The Company employed Level 3 fair value measurement techniques to determine the fair value of these assets, including the relief from royalty method. The following table summarizes Other intangibles not subject to amortization as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="46%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="15%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Net carrying value by major class: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Trademarks and other </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

2000000

4800000

1400000

5400000

3000000

1500000

64000000 0.20

0.16

4.5

0.18

3.8 P7Y 4900000 The following table summarizes the activity in Goodwill for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="46%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Gross beginning balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 178.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 175.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 175.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accumulated impairment </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Beginning balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 157.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 154.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Additions due to acquisition </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 7.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Foreign currency translation </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Other </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Gross ending balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 178.8 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 178.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 183.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accumulated impairment </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (20.8 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Ending balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 158.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 157.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 162.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

178500000

175000000

-20800000

154200000

2700000

7800000

100000

200000

800000

900000

178800000

183700000

-20800000

The following table summarizes the activity in Total other intangibles subject to amortization for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="47%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Beginning balance - customer lists </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Additions due to acquisition </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Amortization expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Foreign currency translation </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Customer lists, net of accumulated amortization </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 3.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 4.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Accumulated amortization - customer lists </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Beginning balance - other intangibles </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 17.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 17.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Impairment charge </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (5.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.5 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Amortization expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (1.2 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.4 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (1.1 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Other </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Other intangibles, net of accumulated amortization </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 9.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Accumulated amortization - other intangibles </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 11.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total other intangibles subject to amortization </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 13.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 14.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 16.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

4300000

700000

100000

3800000

-700000

-200000

3700000

4300000

500000

2000000

1300000

10400000

17300000

-5400000

-500000

-1200000

-1400000

-1100000

100000 -100000

9300000

10400000

15700000

11700000

10500000

5300000

13000000

14700000

16200000

The following table summarizes Total other intangibles amortization expense for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="80%"> <tr style="FONT-SIZE:1PX"> <td width="51%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total other intangibles amortization expense </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

1900000

1300000

The following table summarizes Other intangibles not subject to amortization at the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="46%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="15%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Net carrying value by major class: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Trademarks and other </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

2000000

400000

2000000

400000

8. Investments The following table summarizes the Company’s investments included in “Other assets and deferred charges” on the Company’s condensed consolidated balance sheets as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="85%"> <tr style="FONT-SIZE:1PX"> <td width="35%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Cost method investments: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> UK - based </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total cost method investments </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Equity method investments: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> UK - based </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 14.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> U.S. - based </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total equity method investments </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 20.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 20.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 21.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> The Company owns a non-controlling interest of 15.0% 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. In the fourth quarter of fiscal 2012, the Company determined that its equity investment in a children’s television programming entity was other-than-temporarily impaired and it recognized an impairment loss of $1.3 in Selling, general and administrative expenses. The following table summarizes the Company’s Income from equity method investments for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="70%"> <tr style="FONT-SIZE:1PX"> <td width="38%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="4" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Total equity investment income </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

0.150

0.262

1300000

The following table summarizes the Company’s investments as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="85%"> <tr style="FONT-SIZE:1PX"> <td width="35%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Cost method investments: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> UK - based </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total cost method investments </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Equity method investments: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> UK - based </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 14.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> U.S. - based </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total equity method investments </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 15.3 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 20.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 20.6 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 21.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

5400000

5200000

5700000

5400000

5200000

5700000

15200000

15400000

14000000

1300000

15200000

15400000

15300000

20600000

21000000

The following table summarizes the Company’s Income from equity method investments for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="70%"> <tr style="FONT-SIZE:1PX"> <td width="38%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="4%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="4" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Total equity investment income </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

1500000

1900000

9. Employee Benefit Plans The following tables set 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. <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="44%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Pension Plans Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Post-Retirement Benefits Three months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Components of net periodic benefit (credit) cost: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Service cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Interest cost </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expected return on assets </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (2.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (2.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net amortization of prior service credit </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Amortization of (gain) loss </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Net periodic benefit (credit) cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.4 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.3 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> </table> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="44%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Pension Plans Nine months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Post-Retirement Benefits Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Components of net periodic benefit (credit) cost: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Service cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Interest cost </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expected return on assets </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (7.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (8.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net amortization of prior service credit </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.5 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Amortization of (gain) loss </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Net periodic benefit (credit) cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (1.1 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.8 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 3.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 3.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> 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 nine months ended February 28, 2013, the Company contributed $6.6 to the U.S. Pension Plan and $0.7 to the UK Pension Plan. The Company expects, based on actuarial calculations, to contribute cash of approximately $8.8 to the Pension Plans for the fiscal year ending May 31, 2013.

6600000

700000

8800000

<table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="44%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Pension Plans Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Post-Retirement Benefits Three months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Components of net periodic benefit (credit) cost: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Service cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Interest cost </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.7 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expected return on assets </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (2.6 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (2.7 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net amortization of prior service credit </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.2 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Amortization of (gain) loss </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Net periodic benefit (credit) cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.4 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.3 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> </table><table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="44%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="9%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Pension Plans Nine months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Post-Retirement Benefits Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Components of net periodic benefit (credit) cost: </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Service cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Interest cost </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Expected return on assets </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (7.9 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (8.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Net amortization of prior service credit </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> — </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (0.3 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (0.5 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="bottom"> Amortization of (gain) loss </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Net periodic benefit (credit) cost </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> (1.1 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> (0.8 </td> <td valign="bottom"> ) </td> <td valign="bottom"> $ </td> <td valign="bottom"> 3.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 3.8 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

1700000

2100000

300000

400000

5200000

6300000

1100000

1400000

2600000

2700000

7900000

8100000

-100000

-200000

-300000

-500000

500000

300000

900000

1600000

1000000

2200000

2900000

-400000

-300000

500000

1100000

-1100000

-800000

3000000

3800000

10. Stock-Based Compensation The following table summarizes stock-based compensation expense included in Selling, general and administrative expenses for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="42%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Stock option expense </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 6.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Restricted stock unit expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Management stock purchase plan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Employee stock purchase plan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Total stock-based compensation expense </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> During each of the three and nine-month periods ended February 28, 2013 and February 29, 2012, shares of Common Stock issued by the Corporation pursuant to its stock-based compensation plans were not material.

The following table summarizes stock-based compensation expense included in Selling, general and administrative expenses for the periods indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="42%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Three months ended </td> <td valign="bottom">   </td> <td colspan="5" valign="bottom"> Nine months ended </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Stock option expense </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 0.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 6.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Restricted stock unit expense </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 2.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 3.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Management stock purchase plan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Employee stock purchase plan </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 0.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="bottom"> Total stock-based compensation expense </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.0 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 5.2 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 10.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

400000

1200000

2000000

6000000

600000

1000000

2400000

3600000

600000

200000

1000000

2200000

11. Severance The table below provides information for Accrued severance included in Other accrued expenses as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="80%"> <tr style="FONT-SIZE:1PX"> <td width="30%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Beginning balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accruals </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 14.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Payments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (5.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (14.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (12.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Ending balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> The Company implemented cost saving initiatives in the current fiscal quarter, recognizing expense of $3.0. The Company expects to incur additional expenses related to these initiatives in the fourth quarter of the current fiscal year. The Company implemented certain cost reduction initiatives during fiscal 2012, and incurred severance expense of $9.3 related to these initiatives. Severance expenses are reported in “Selling, general and administrative expenses.”

3000000

9300000

The table below provides information for Accrued severance included in Other accrued expenses as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="80%"> <tr style="FONT-SIZE:1PX"> <td width="30%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="13%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Beginning balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.9 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accruals </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 5.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 14.9 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 12.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Payments </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (5.5 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (14.1 </td> <td valign="bottom"> ) </td> <td valign="bottom">   </td> <td valign="bottom"> (12.9 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Ending balance </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 2.7 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 1.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> 2700000 1900000 5300000 14900000 12200000 -5500000 -14100000 -12900000 2500000 1200000

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. During the nine months ended February 28, 2013, the Company repurchased approximately 0.2 million shares on the open market for approximately $5.8 at an average cost of $28.75 per share. The table below represents the remaining Board authorization: <table border="0" cellspacing="0" cellpadding="0" width="80%"> <tr style="FONT-SIZE:1PX"> <td width="65%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Board Authorization </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Amount </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> September 2010 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 44.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Repurchases made from November 2011 through February 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (18.4 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Remaining Board authorization as of February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 25.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> The Company’s repurchase program may be suspended at any time without prior notice.

200000

28.75 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: <table border="0" cellspacing="0" cellpadding="0" width="80%"> <tr style="FONT-SIZE:1PX"> <td width="65%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="10%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Board Authorization </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> Amount </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="bottom"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> September 2010 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 44.0 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Repurchases made from November 2011 through February 2013 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> (18.4 </td> <td valign="bottom"> ) </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Remaining Board authorization as of February 28, 2013 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 25.6 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table>

44000000

18400000

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: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="4%" valign="top">   </td> <td width="4%" valign="top">   </td> <td width="4%" valign="top">   </td> <td width="84%" valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td colspan="3" valign="top"> Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date. </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td colspan="3" valign="top"> Level 2 Observable inputs other than unadjusted quoted prices in active markets for identical assets or liabilities such as </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top"> o </td> <td valign="top"> Quoted prices for similar assets or liabilities in active markets </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top"> o </td> <td valign="top"> Quoted prices for identical or similar assets or liabilities in inactive markets </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top"> o </td> <td valign="top"> Inputs other than quoted prices that are observable for the asset or liability </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top"> o </td> <td valign="top"> Inputs that are derived principally from or corroborated by observable market data by correlation or other means </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td colspan="3" valign="top"> 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. </td> </tr> </table> 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: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="4%" valign="top">   </td> <td width="4%" valign="top">   </td> <td width="92%" valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Long-lived assets </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Investments </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Assets acquired in a business combination </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Goodwill and indefinite-lived intangible assets </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top">   </td> <td valign="top"> • </td> <td valign="top"> Long-lived assets held for sale </td> </tr> </table>

0.05

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 Corporation, 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 Corporation file income tax returns in foreign jurisdictions. The Company is routinely audited by various tax authorities. The Company is currently under audit by the Internal Revenue Service for fiscal years ended May 31, 2007, 2008 and 2009. The Company is currently under audit by New York State for fiscal years ended May 31, 2006, 2007 and 2008 and by New York City for fiscal years ended May 31, 2005, 2006 and 2007. 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. The Company’s annual effective tax rate for the fiscal year ending May 31, 2013 is currently expected to be approximately 38%, which reflects a partial reversal of valuation allowances for jurisdictions where the Company will be able to utilize net operating loss carryforwards generated in prior fiscal periods to offset current fiscal year taxable income. 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 liability associated with these examinations and assessments 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. The Company made payments of $15.3 for settlement of sales tax audits with two jurisdictions in the current fiscal year.

0.38

15300000

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. An unrealized loss of less than $0.1 and unrealized gains of $0.4 were recognized at February 28, 2013 and February 29, 2012, respectively.

-100000 400000 16. Other Accrued Expenses Other accrued expenses consist of the following as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="45%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td colspan="2" valign="top">   </td> <td valign="top">   </td> <td colspan="2" valign="top">   </td> <td valign="top">   </td> <td colspan="2" valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Accrued payroll, payroll taxes and benefits </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 46.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 48.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 46.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued bonus and commissions </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 57.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 37.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued other taxes </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 26.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 42.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued advertising and promotions </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 36.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 38.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued income taxes </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued insurance </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Other accrued expenses </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 30.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 33.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total accrued expenses </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 175.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 233.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 209.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> Other accrued expenses consist of the following as of the dates indicated: <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr style="FONT-SIZE:1PX"> <td width="45%" valign="bottom">   </td> <td width="3%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="11%" valign="bottom">   </td> <td width="2%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> <td width="14%" valign="bottom">   </td> <td width="1%" valign="bottom">   </td> </tr> <tr> <td valign="bottom">   </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 28, 2013 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> May 31, 2012 </td> <td valign="bottom">   </td> <td colspan="2" valign="bottom"> February 29, 2012 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="top">   </td> <td valign="top">   </td> <td colspan="2" valign="top">   </td> <td valign="top">   </td> <td colspan="2" valign="top">   </td> <td valign="top">   </td> <td colspan="2" valign="top">   </td> <td valign="top">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td colspan="2" valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Accrued payroll, payroll taxes and benefits </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 46.3 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 48.1 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 46.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued bonus and commissions </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 16.5 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 57.3 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 37.7 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued other taxes </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 26.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 42.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued advertising and promotions </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 39.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 36.1 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 38.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued income taxes </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.0 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 10.2 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 6.4 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Accrued insurance </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.4 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 8.5 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="bottom"> Other accrued expenses </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 32.8 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 30.6 </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td valign="bottom"> 33.2 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> <tr> <td valign="bottom"> Total accrued expenses </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 175.4 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 233.5 </td> <td valign="bottom">   </td> <td valign="bottom"> $ </td> <td valign="bottom"> 209.1 </td> <td valign="bottom">   </td> </tr> <tr> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> <td valign="top"> <hr size="1" width="100%" noshade="noshade" /> </td> </tr> </table> 46300000 48100000 46100000 16500000 57300000 37700000

26000000

42800000

39100000

39000000 36100000 38100000

6000000

10200000

6400000

8800000

8400000

8500000

32800000 30600000 33200000

175400000

233500000

209100000

17. Subsequent Events On March 20, 2013, the Company announced that the Board of Directors declared a cash dividend of $0.125 per Class A and Common share in respect of the fourth quarter of fiscal 2013. The dividend is payable on June 17, 2013 to stockholders of record on April 30, 2013.

0.125