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Earnings Per Share (Tables)
 12 Months Ended
Oct. 31, 2013
Earnings Per Share [Abstract]  
Computation Earnings Per Share Basic and Diluted

The following table provides EPS information for each period, respectively:

 

Numerator

  

      

Numerator for basic and diluted EPS—

         

Net income attributable to Greif

    $ 147.3       $ 122.4       $ 174.7   

Cash dividends

      98.3         97.7         97.8   
  

 

 

     

 

 

     

 

 

  

Undistributed net income attributable to Greif, Inc.

    $ 49.0       $ 24.7       $ 76.9   

Demonimator

         

Denominator for basic EPS—

         

Class A common stock

      25.4         25.2         24.9   

Class B common stock

      22.1         22.1         22.3   

Denominator for diluted EPS—

         

Class A common stock

      25.4         25.2         25.0   

Class B common stock

      22.1         22.1         22.3   

EPS Basic

         

Class A common stock

    $ 2.52       $ 2.10       $ 3.00   

Class B common stock

    $ 3.77       $ 3.14       $ 4.48   

EPS Diluted

         

Class A common stock

    $ 2.52       $ 2.10       $ 2.99   

Class B common stock

    $ 3.77       $ 3.14       $ 4.48   
Summarization of Company's Class A and Class B Common and Treasury Shares

The following table summarizes the Company’s Class A and Class B common and treasury shares at the specified dates:

 

     Authorized Shares      Issued Shares      Outstanding
Shares		      Treasury Shares  

October 31, 2013:

            

Class A Common Stock

      128,000,000         42,281,920         25,456,724         16,825,196   

Class B Common Stock

      69,120,000         34,560,000         22,119,966         12,440,034   

October 31, 2012:

            

Class A Common Stock

      128,000,000         42,281,920         25,283,465         16,998,455   

Class B Common Stock

      69,120,000         34,560,000         22,119,966         12,440,034   
Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share

The following is a reconciliation of the shares used to calculate basic and diluted earnings per share:

 

For the years ended October 31,

    2013      2012      2011  

Class A Common Stock:

         

Basic shares

      25,399,256         25,162,686         24,869,573   

Assumed conversion of stock options

      23,281         71,854         177,759   
  

 

 

     

 

 

     

 

 

  

Diluted shares

      25,422,537         25,234,540         25,047,332   
  

 

 

     

 

 

     

 

 

  

Class B Common Stock:

         

Basic and diluted shares

      22,119,966         22,120,391         22,349,844