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EARNINGS PER SHARE (Tables)

6 Months Ended

Apr. 30, 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								Six months ended
		April 30,								April 30,
		2014				2013				2014				2013
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.		$	35.8			$	40.2			$	65.3			$	63.8
Cash dividends			24.7				24.6				49.1				49.0
Undistributed net income attributable to Greif, Inc.		$	11.1			$	15.6			$	16.2			$	14.8
Denominator for basic EPS
Class A common stock			25.5				25.4				25.5				25.4
Class B common stock			22.1				22.1				22.1				22.1
Denominator for diluted EPS
Class A common stock			25.6				25.4				25.5				25.4
Class B common stock			22.1				22.1				22.1				22.1
EPS Basic
Class A common stock		$	0.61			$	0.69			$	1.12			$	1.09
Class B common stock		$	0.92			$	1.03			$	1.67			$	1.63
EPS Diluted
Class A common stock		$	0.61			$	0.69			$	1.12			$	1.09
Class B common stock		$	0.92			$	1.03			$	1.67			$	1.63
Dividends per share
Class A common stock		$	0.42			$	0.42			$	0.84			$	0.84
Class B common stock		$	0.63			$	0.63			$	1.25			$	1.25

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
April 30, 2014:
Class A Common Stock			128,000,000				42,281,920				25,553,357				16,728,563
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								Six months ended
		April 30,								April 30,
		2014				2013				2014				2013
Class A Common Stock:
Basic shares			25,540,341				25,390,486				25,505,348				25,353,441
Assumed conversion of stock options			19,942				42,994				20,388				40,008
Diluted shares			25,560,283				25,433,480				25,525,736				25,393,449
Class B Common Stock:
Basic and diluted shares			22,119,966				22,119,966				22,119,966				22,119,966

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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