The quarterly results of operations for 2016 and 2015 are shown below (Dollars in millions, except per share amounts):



2016	January 31,			April 30,		July 31,		October 31,
Net sales	$	771.4		$	839.6	$	845.0	$	867.6
Gross profit	$	151.3		$	173.7	$	176.5	$	183.4
Net income (loss) (1)	$	(9.9	)	$	32.5	$	46.4	$	6.5
Net income (loss) attributable to Greif, Inc.(1)	$	(11.1	)	$	31.4	$	46.1	$	8.5
Earnings (loss) per share
Basic:
Class A Common Stock	$	(0.19	)	$	0.53	$	0.78	$	0.14
Class B Common Stock	$	(0.29	)	$	0.80	$	1.18	$	0.22
Diluted:
Class A Common Stock	$	(0.19	)	$	0.53	$	0.78	$	0.14
Class B Common Stock	$	(0.29	)	$	0.80	$	1.18	$	0.22
Earnings per share were calculated using the following number of shares:
Basic:
Class A Common Stock	25,697,512			25,761,733		25,781,146		25,781,791
Class B Common Stock	22,119,966			22,108,942		22,009,725		22,009,725
Diluted:
Class A Common Stock	25,704,023			25,766,609		25,783,184		25,785,266
Class B Common Stock	22,119,966			22,108,942		22,009,725		22,009,725
Market price (Class A Common Stock):
High	$	33.77		$	35.56	$	40.09	$	49.59
Low	$	24.05		$	23.17	$	32.96	$	38.92
Close	$	25.51		$	34.02	$	39.77	$	46.86
Market price (Class B Common Stock):
High	$	45.80		$	47.38	$	55.48	$	60.98
Low	$	34.48		$	32.91	$	44.38	$	50.26
Close	$	35.11		$	45.07	$	52.41	$	58.25

(1)

We recorded the following significant transactions during the fourth quarter of 2016: (i) restructuring charges of $9.0 million; (ii) non-cash asset impairment charges of $6.5 million; (iii) gain on disposals of properties, plants, equipment, net of $0.8 million; and (iv) loss on disposals of businesses, net of $18.6 million. Refer to Form 10-Q filings, as previously filed with the SEC, for prior quarter significant transactions or trends.



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 disposal 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.