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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Net sales $ 897.0 $ 905.7
Cost of products sold 724.2 734.0
Gross profit 172.8 171.7
Selling, general and administrative expenses 98.1 103.6
Restructuring charges 3.7 4.1
Acquisition-related costs 2.6 0.2
Non-cash asset impairment charges 2.1 2.9
Gain on disposal of properties, plants and equipment, net (0.9) (4.6)
Operating profit 67.2 65.5
Interest expense, net 11.7 13.3
Other (income) expense, net (0.2) 7.7
Income before income tax expense and equity earnings of unconsolidated affiliates, net 55.7 44.5
Income tax expense 20.0 (15.6)
Equity earnings of unconsolidated affiliates, net of tax (0.1) 0.0
Net income 35.8 60.1
Net income attributable to noncontrolling interests (6.1) (3.6)
Net income attributable to Greif, Inc. $ 29.7 $ 56.5
Class A Common Stock    
Basic earnings per share attributable to Greif, Inc. common shareholders:    
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.51 $ 0.96
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.51 $ 0.96
Weighted-average number of common shares outstanding:    
Weighted-average number of common shares outstanding, basic (shares) 25,991,433 25,845,758
Weighted-average number of common shares outstanding, diluted (shares) 25,991,433 25,845,758
Cash dividends declared per common share:    
Cash dividends declared per common share (usd per share) $ 0.44 $ 0.42
Class B Common Stock    
Basic earnings per share attributable to Greif, Inc. common shareholders:    
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) 0.75 1.44
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.75 $ 1.44
Weighted-average number of common shares outstanding:    
Weighted-average number of common shares outstanding, basic (shares) 22,000,000 22,000,000
Weighted-average number of common shares outstanding, diluted (shares) 22,000,000 22,000,000
Cash dividends declared per common share:    
Cash dividends declared per common share (usd per share) $ 0.65 $ 0.62