Earnings Per Share (Tables)

9 Months Ended

Jul. 31, 2013

Earnings Per Share [Abstract]

Computation Earnings Per Share Basic and Diluted

The following table provides EPS information for each period, respectively (Dollars in millions, except per share data):

	Three months ended				Nine months ended
	July 31,				July 31,
	2013		2012		2013		2012
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.	$	46.7	$	37.5	$	110.5	$	96.6
Cash dividends		24.6		24.5		73.6		73.2
Undistributed net income attributable to Greif, Inc.	$	22.1	$	13.0	$	36.9	$	23.4
Denominator for basic EPS
Class A common stock		25.4		25.2		25.4		25.1
Class B common stock		22.1		22.1		22.1		22.1
Denominator for diluted EPS
Class A common stock		25.5		25.3		25.4		25.2
Class B common stock		22.1		22.1		22.1		22.1
EPS Basic
Class A common stock	$	0.80	$	0.64	$	1.89	$	1.66
Class B common stock	$	1.20	$	0.96	$	2.83	$	2.48
EPS Diluted
Class A common stock	$	0.80	$	0.64	$	1.89	$	1.66
Class B common stock	$	1.20	$	0.96	$	2.83	$	2.48
Dividends per share
Class A common stock	$	0.42	$	0.42	$	1.26	$	1.26
Class B common stock	$	0.63	$	0.63	$	1.88	$	1.88

Summarization of Company's Class A and Class B Common and Treasury Shares

The following table summarizes the Company’s Class A and Class B common and treasury shares as of the specified dates:

	Authorized Shares		Issued Shares		Outstanding Shares		Treasury Shares
October 31, 2012:
Class A Common Stock		128,000,000		42,281,920		25,283,465		16,998,455
Class B Common Stock		69,120,000		34,560,000		22,119,966		12,440,034
July 31, 2013:
Class A Common Stock		128,000,000		42,281,920		25,450,224		16,831,696
Class B Common Stock		69,120,000		34,560,000		22,119,966		12,440,034

Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share

The following is a reconciliation of the shares used to calculate basic and diluted earnings per share:

	Three months ended				Nine months ended
	July 31,				July 31,
	2013		2012		2013		2012
Class A Common Stock:
Basic shares		25,435,379		25,177,924		25,380,754		25,126,828
Assumed conversion of stock options		29,483		93,164		28,337		103,595
Diluted shares		25,464,862		25,271,088		25,409,091		25,230,423
Class B Common Stock:
Basic and diluted shares		22,119,966		22,119,966		22,119,966		22,120,533