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Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Net sales $ 1,095.3 $ 1,050.7 $ 2,088.0 $ 1,994.5
Cost of products sold 892.2 843.4 1,706.2 1,611.1
Gross profit 203.1 207.3 381.8 383.4
Selling, general and administrative expenses 121.9 113.9 234.5 220.4
Restructuring charges 10.1 5.0 19.0 8.0
(Gain) on disposal of properties, plants and equipment, net (3.2) (2.9) (4.3) (5.0)
Operating profit 74.3 91.3 132.6 160.0
Interest expense, net 24.1 18.6 47.8 35.4
Other expense, net 2.7 7.3 2.5 5.4
Income before income tax expense and equity earnings of unconsolidated affilitates, net 47.5 65.4 82.3 119.2
Income tax expense 13.3 14.8 23.5 28.0
Equity earnings of unconsolidated affiliates, net of tax 2.0 0 2.0 0.5
Net income 36.2 50.6 60.8 91.7
Net (income) loss attributable to noncontrolling interests 0.6 0.3 (0.1) 0.6
Net income attributable to Greif, Inc. $ 36.8 $ 50.9 $ 60.7 $ 92.3
Class A common stock
       
Basic earnings per share attributable to Greif, Inc. common shareholders:        
EPS Basic $ 0.63 $ 0.87 $ 1.05 $ 1.58
Diluted earnings per share attributable to Greif, Inc. common shareholders:        
EPS Diluted $ 0.63 $ 0.87 $ 1.04 $ 1.58
Class B common stock
       
Basic earnings per share attributable to Greif, Inc. common shareholders:        
EPS Basic $ 0.95 $ 1.31 $ 1.56 $ 2.37
Diluted earnings per share attributable to Greif, Inc. common shareholders:        
EPS Diluted $ 0.95 $ 1.31 $ 1.56 $ 2.37