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Earnings Per Share (Tables)
 3 Months Ended
Jan. 31, 2014
Earnings Per Share [Abstract]  
Computation of Earnings Per Share Basic and Diluted

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

 

     Three months ended  
     January 31,  
     2014      2013  

Numerator for basic and diluted EPS

      

Net income attributable to Greif, Inc.

    $ 29.5       $ 23.6   

Cash dividends

      24.4         24.4   
  

 

 

     

 

 

  

Undistributed net income attributable to Greif, Inc.

    $ 5.1       $ (0.8 ) 

Denominator for basic EPS

      

Class A common stock

      25.5         25.3   

Class B common stock

      22.1         22.1   

Denominator for diluted EPS

      

Class A common stock

      25.5         25.4   

Class B common stock

      22.1         22.1   

EPS Basic

      

Class A common stock

    $ 0.51       $ 0.41   

Class B common stock

    $ 0.75       $ 0.60   

EPS Diluted

      

Class A common stock

    $ 0.51       $ 0.41   

Class B common stock

    $ 0.75       $ 0.60   

Dividends per share

      

Class A common stock

    $ 0.42       $ 0.42   

Class B common stock

    $ 0.62       $ 0.62   
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 as of 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   

January 31, 2014:

            

Class A Common Stock

      128,000,000         42,281,920         25,517,398         16,764,522   

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:

 

     Three months ended  
     January 31,  
     2014      2013  

Class A Common Stock:

      

Basic shares

      25,470,354         25,316,395   

Assumed conversion of stock options

      24,993         63,352   
  

 

 

     

 

 

  

Diluted shares

      25,495,347         25,379,747   
  

 

 

     

 

 

  

Class B Common Stock:

      

Basic and diluted shares

      22,119,966         22,119,966