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Earnings Per Share (Tables)
3 Months Ended
Jan. 31, 2015
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,  
     2015      2014  

Numerator for basic and diluted EPS

     

Net income attributable to Greif, Inc.

   $ 30.1       $ 30.7   

Cash dividends

     24.5         24.4   
  

 

 

    

 

 

 

Undistributed net income attributable to Greif, Inc.

$ 5.6    $ 6.3   

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  

January 31, 2015:

           

Class A Common Stock

     128,000,000         42,281,920         25,674,004         16,607,916   

Class B Common Stock

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

October 31, 2014:

           

Class A Common Stock

     128,000,000         42,281,920         25,603,452         16,678,468   

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,  
     2015      2014  

Class A Common Stock:

     

Basic shares

     25,607,886         25,470,354   

Assumed conversion of stock options

     9,928         25,288   
  

 

 

    

 

 

 

Diluted shares

  25,617,814      25,495,642   
  

 

 

    

 

 

 

Class B Common Stock:

Basic and diluted shares

  22,119,966      22,119,966