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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Net sales $ 1,112.4 $ 897.0
Cost of products sold 889.8 724.2
Gross profit 222.6 172.8
Selling, general and administrative expenses 135.4 98.1
Restructuring charges 3.3 3.7
Acquisition and integration related costs 5.1 2.6
Non-cash asset impairment charges 0.1 2.1
Gain on disposal of properties, plants and equipment, net (0.5) (0.9)
Operating profit 79.2 67.2
Interest expense, net 30.7 11.7
Non-cash pension settlement income (0.1) 0.0
Other (income) expense, net 1.3 (0.2)
Income before income tax expense and equity earnings of unconsolidated affiliates, net 47.3 55.7
Income tax expense 11.4 20.0
Equity earnings of unconsolidated affiliates, net of tax (0.2) (0.1)
Net income 36.1 35.8
Net income attributable to noncontrolling interests (3.8) (6.1)
Net income attributable to Greif, Inc. $ 32.3 $ 29.7
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) $ 0.55 $ 0.51
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.55 $ 0.51
Weighted-average number of common shares outstanding:    
Weighted-average number of common shares outstanding, basic (shares) 26,260,943 25,991,433
Weighted-average number of common shares outstanding, diluted (shares) 26,414,280 25,991,433
Cash dividends declared per common share:    
Cash dividends declared per common share (usd per share) $ 0.44 $ 0.44
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) 0.81 0.75
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.81 $ 0.75
Weighted-average number of common shares outstanding:    
Weighted-average number of common shares outstanding, basic (shares) 22,000,000.0 22,000,000.0
Weighted-average number of common shares outstanding, diluted (shares) 22,000,000.0 22,000,000.0
Cash dividends declared per common share:    
Cash dividends declared per common share (usd per share) $ 0.65 $ 0.65