Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Aug. 31, 2025

Schedule of Accumulated Other Comprehensive Income (Loss)

The following tables summarize the activity in Accumulated other comprehensive income (loss), net of tax, by component, for the periods indicated:


























	Three months ended August 31, 2025
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at June 1, 2025	$	(36.0)	$	(5.5)	$	(41.5)
Other comprehensive income (loss) before reclassifications		3.5		—		3.5
Less: amount reclassified from Accumulated other comprehensive income (loss)
Amortization of net actuarial (gain) loss (net of tax of $0.0)		—		0.4		0.4

Amortization of prior service (credit) cost (net of tax of $0.1)		—		(0.1)		(0.1)

Other comprehensive income (loss)		3.5		0.3		3.8
Ending balance at August 31, 2025	$	(32.5)	$	(5.2)	$	(37.7)

	Three months ended August 31, 2024
	Foreign currency translation adjustments		Retirement benefit plans		Total
Beginning balance at June 1, 2024	$	(46.9)	$	(5.6)	$	(52.5)
Other comprehensive income (loss) before reclassifications		8.2		—		8.2
Less: amount reclassified from Accumulated other comprehensive income (loss)
Amortization of net actuarial (gain) loss (net of tax of $0.0)		—		0.3		0.3

Amortization of prior service (credit) cost (net of tax of $0.1)		—		(0.1)		(0.1)

Other comprehensive income (loss)		8.2		0.2		8.4
Ending balance at August 31, 2024	$	(38.7)	$	(5.4)	$	(44.1)

Reclassification out of Accumulated Other Comprehensive Income

The following table presents the impact on earnings of reclassifications out of Accumulated other comprehensive income (loss) for the periods indicated:


	Three months ended				Condensed Consolidated Statements of Operations line item
	August 31,		August 31,
	2025		2024
Employee benefit plans:
Amortization of net actuarial loss	$	0.4	$	0.3		Other components of net periodic benefit (cost)
Amortization of prior service (credit) loss		(0.2)		(0.2)		Other components of net periodic benefit (cost)
Less: Tax effect		0.1		0.1		Provision (benefit) for income taxes
Total cost, net of tax	$	0.3	$	0.2

SCHOLASTIC CORP 10-Q