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Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Oct. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Results of Operations | The quarterly results of operations for 2015 and 2014 are shown below (Dollars in millions, except per share amounts):
2015 |  | January 31 |  |  | April 30 |  |  | July 31 |  |  | October 31 |
Net sales |  | $ | 902.3 |  |  | $ | 915.9 |  |  | $ | 930.0 |  |  | $ | 868.5 |
Gross profit |  | $ | 153.9 |  |  | $ | 181.1 |  |  | $ | 166.8 |  |  | $ | 168.0 |
Net income(1) |  | $ | 28.2 |  |  | $ | 20.5 |  |  | $ | 9.3 |  |  | $ | 9.2 |
Net income attributable to Greif, Inc.(1) |  | $ | 30.1 |  |  | $ | 20.8 |  |  | $ | 8.6 |  |  | $ | 12.4 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  | $ | 0.52 |  |  | $ | 0.35 |  |  | $ | 0.15 |  |  | $ | 0.21 |
Class B Common Stock |  | $ | 0.76 |  |  | $ | 0.53 |  |  | $ | 0.22 |  |  | $ | 0.32 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  | $ | 0.52 |  |  | $ | 0.35 |  |  | $ | 0.15 |  |  | $ | 0.21 |
Class B Common Stock |  | $ | 0.76 |  |  | $ | 0.53 |  |  | $ | 0.22 |  |  | $ | 0.32 |
Earnings per share were calculated using the following number of shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  |  | 25,607,886 |  |  |  | 25,678,393 |  |  |  | 25,692,973 |  |  |  | 25,693,564 |
Class B Common Stock |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  |  | 25,617,814 |  |  |  | 25,688,653 |  |  |  | 25,698,547 |  |  |  | 25,701,264 |
Class B Common Stock |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |
Market price (Class A Common Stock): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 45.94 |  |  | $ | 41.97 |  |  | $ | 41.65 |  |  | $ | 35.97 |
Low |  | $ | 36.43 |  |  | $ | 34.52 |  |  | $ | 29.43 |  |  | $ | 27.13 |
Close |  | $ | 36.43 |  |  | $ | 39.29 |  |  | $ | 30.20 |  |  | $ | 32.33 |
Market price (Class B Common Stock): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 47.39 |  |  | $ | 45.89 |  |  | $ | 47.80 |  |  | $ | 47.97 |
Low |  | $ | 41.47 |  |  | $ | 40.40 |  |  | $ | 36.59 |  |  | $ | 33.42 |
Close |  | $ | 41.47 |  |  | $ | 45.89 |  |  | $ | 37.13 |  |  | $ | 37.98 |
(1) | We recorded the following significant transactions during the fourth quarter of 2015: (i) restructuring charges of $13.3 million, (ii) non-cash asset impairment charges of $23.6 million, (iii) loss on disposals of properties, plants, equipment, net of $2.3 million, and (iv) loss on disposals of businesses, net of $0.7 million. Refer to Form 10-Q filings, as previously filed with the SEC, for prior quarter significant transactions or trends.
2014 |  | January 31 |  |  | April 30 |  |  | July 31 |  |  | October 31 |
Net sales |  | $ | 1,001.5 |  |  | $ | 1,065.5 |  |  | $ | 1,124.0 |  |  | $ | 1,048.1 |
Gross profit |  | $ | 186.1 |  |  | $ | 204.3 |  |  | $ | 217.7 |  |  | $ | 202.9 |
Net income (loss) (1) |  | $ | 31.8 |  |  | $ | 37.1 |  |  | $ | 11.5 |  |  | $ | (35.5 | )
Net income attributable to Greif, Inc.(1) |  | $ | 30.7 |  |  | $ | 38.4 |  |  | $ | 13.7 |  |  | $ | 8.7 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  | $ | 0.53 |  |  | $ | 0.65 |  |  | $ | 0.23 |  |  | $ | 0.15 |
Class B Common Stock |  | $ | 0.78 |  |  | $ | 0.98 |  |  | $ | 0.35 |  |  | $ | 0.22 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  | $ | 0.53 |  |  | $ | 0.65 |  |  | $ | 0.23 |  |  | $ | 0.15 |
Class B Common Stock |  | $ | 0.78 |  |  | $ | 0.98 |  |  | $ | 0.35 |  |  | $ | 0.22 |
Earnings per share were calculated using the following number of shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  |  | 25,470,354 |  |  |  | 25,540,341 |  |  |  | 25,576,452 |  |  |  | 25,603,452 |
Class B Common Stock |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Class A Common Stock |  |  | 25,495,642 |  |  |  | 25,560,846 |  |  |  | 25,581,952 |  |  |  | 25,554,934 |
Class B Common Stock |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |  |  |  | 22,119,966 |
Market price (Class A Common Stock): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 56.47 |  |  | $ | 54.98 |  |  | $ | 56.53 |  |  | $ | 50.85 |
Low |  | $ | 50.35 |  |  | $ | 47.91 |  |  | $ | 49.70 |  |  | $ | 41.75 |
Close |  | $ | 50.63 |  |  | $ | 54.19 |  |  | $ | 50.18 |  |  | $ | 44.06 |
Market price (Class B Common Stock): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 60.00 |  |  | $ | 59.20 |  |  | $ | 61.09 |  |  | $ | 55.00 |
Low |  | $ | 51.10 |  |  | $ | 53.03 |  |  | $ | 53.06 |  |  | $ | 47.90 |
Close |  | $ | 55.51 |  |  | $ | 58.81 |  |  | $ | 53.62 |  |  | $ | 50.20 |
(1) | We recorded the following significant transactions during the fourth quarter of 2014: (i) restructuring charges of $5.6 million, (ii) non-cash asset impairment charges of $70.2 million, (iii) gain on disposals of properties, plants, equipment, net of $2.8 million, and (iv) gain on disposal of businesses, net of $21.2 million. Refer to Form 10-Q filings, as previously filed with the SEC, for prior quarter significant transactions or trends.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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