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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Net sales $ 820.9 $ 771.4
Cost of products sold 657.6 620.1
Gross profit 163.3 151.3
Selling, general and administrative expenses 96.6 93.2
Restructuring charges (0.3) 2.3
Non-cash asset impairment charges 1.9 39.1
Pension settlement charge 23.5 0.0
Gain on disposal of properties, plants and equipment, net (1.0) (0.9)
Loss on disposal of businesses, net 0.5 0.0
Operating profit 42.1 17.6
Interest expense, net 18.7 18.5
Other expense , net 3.6 3.0
Income (loss) before income tax expense and equity earnings of unconsolidated affiliates, net 19.8 (3.9)
Income tax expense 11.8 6.0
Net income (loss) 8.0 (9.9)
Net income attributable to noncontrolling interests (2.6) (1.2)
Net income (loss) attributable to Greif, Inc. $ 5.4 $ (11.1)
Class A Common Stock    
Basic earnings (loss) per share attributable to Greif, Inc. common shareholders:    
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.10 $ (0.19)
Diluted earnings (loss) per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.10 $ (0.19)
Weighted-average number of common shares outstanding:    
Weighted-average number of common shares outstanding, basic (shares) 25,787,769 25,697,512
Weighted-average number of common shares outstanding, diluted (shares) 25,792,441 25,704,023
Cash dividends declared per common share:    
Cash dividends declared per common share (usd per share) $ 0.42 $ 0.42
Class B Common Stock    
Basic earnings (loss) per share attributable to Greif, Inc. common shareholders:    
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) 0.13 (0.29)
Diluted earnings (loss) per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.13 $ (0.29)
Weighted-average number of common shares outstanding:    
Weighted-average number of common shares outstanding, basic (shares) 22,000,000 22,100,000
Weighted-average number of common shares outstanding, diluted (shares) 22,000,000 22,100,000
Cash dividends declared per common share:    
Cash dividends declared per common share (usd per share) $ 0.62 $ 0.62