The quarterly results of operations for 2017 and 2016 are shown below:



	2017
(in millions, except per share amounts)	January 31,		April 30,		July 31,		October 31,
Net sales	$	820.9	$	887.4	$	961.8	$	968.1
Gross profit	$	163.3	$	181.9	$	187.1	$	182.4
Net income (loss) ⁽¹⁾	$	8.0	$	39.9	$	47.5	$	39.7
Net income (loss) attributable to Greif, Inc.⁽¹⁾	$	5.4	$	36.0	$	43.9	$	33.3
Earnings (loss) per share
Basic:
Class A Common Stock	$	0.10	$	0.61	$	0.74	$	0.57
Class B Common Stock	$	0.13	$	0.92	$	1.12	$	0.85
Diluted:
Class A Common Stock	$	0.10	$	0.61	$	0.74	$	0.57
Class B Common Stock	$	0.13	$	0.92	$	1.12	$	0.85
Earnings per share were calculated using the following number of shares:
Basic:
Class A Common Stock	25,787,769		25,824,194		25,834,636		25,835,281
Class B Common Stock	22,009,725		22,009,725		22,009,596		22,007,725
Diluted:
Class A Common Stock	25,792,441		25,828,882		25,835,294		25,835,281
Class B Common Stock	22,009,725		22,009,725		22,009,596		22,007,725
Market price (Class A Common Stock):
High	$	57.72	$	58.95	$	60.32	$	60.01
Low	$	44.22	$	51.70	$	53.55	$	55.00
Close	$	56.28	$	57.75	$	55.68	$	55.53
Market price (Class B Common Stock):
High	$	70.20	$	71.31	$	66.60	$	65.25
Low	$	55.05	$	56.93	$	54.81	$	57.58
Close	$	68.94	$	65.92	$	59.26	$	62.85

⁽¹⁾ The Company recorded the following significant transactions during the fourth quarter of 2017: (i) restructuring charges of $4.0 million; (ii) non-cash asset impairment charges of $14.9 million; (iii) pension settlement charges of $1.5 million; (iv) loss on disposals of properties, plants, equipment, net of $3.5 million; and (v) loss on disposals of businesses, net of $3.9 million. Refer to the Company's Form 10-Q filings with the SEC for prior quarter significant transactions or trends.



	2016
(in millions, except per share amounts)	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⁽¹⁾	$	(9.9	)	$	32.5	$	46.4	$	6.5
Net income attributable to Greif, Inc.⁽¹⁾	$	(11.1	)	$	31.4	$	46.1	$	8.5
Earnings 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⁾The Company 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 disposal of businesses, net of $18.6 million. Refer to the Company's Form 10-Q filings with the SEC for prior quarter significant transactions or trends.