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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Net sales $ 1,146.5 $ 1,112.4
Cost of products sold 934.3 889.8
Gross profit 212.2 222.6
Selling, general and administrative expenses 134.3 135.4
Restructuring charges 3.1 3.3
Acquisition and integration related costs 2.0 5.1
Non-cash asset impairment charges 1.3 0.1
Loss (gain) on disposal of properties, plants and equipment, net 1.6 (0.5)
Gain on disposal of businesses, net (0.1) 0.0
Operating profit 70.0 79.2
Interest expense, net 25.2 30.7
Non-cash pension settlement charges (income) 8.5 (0.1)
Other expense, net 0.0 1.3
Income before income tax expense and equity earnings of unconsolidated affiliates, net 36.3 47.3
Income tax expense 6.1 11.4
Equity earnings of unconsolidated affiliates, net of tax (0.7) (0.2)
Net income 30.9 36.1
Net income attributable to noncontrolling interests (7.5) (3.8)
Net income attributable to Greif, Inc. $ 23.4 $ 32.3
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) $ 0.40 $ 0.55
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.40 $ 0.55
Weighted-average number of common shares outstanding:    
Weighted-average number of common shares outstanding, basic (shares) 26,456,071 26,260,943
Weighted-average number of common shares outstanding, diluted (shares) 26,531,403 26,414,280
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) 0.59 0.81
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) $ 0.59 $ 0.81
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