Earnings Per Share (Tables)

12 Months Ended

Oct. 31, 2014

Earnings Per Share [Abstract]

Computation of Earnings Per Share Basic and Diluted

The following table provides EPS information for each period, respectively:

(In millions except per share data)	2014			2013		2012
Numerator
Numerator for basic and diluted EPS -
Net income attributable to Greif	$	91.5		$	144.7	$	118.1
Cash dividends		98.6			98.3		97.7
Undistributed net income attributable to Greif, Inc.	$	(7.1	)	$	46.4	$	20.4
Denominator
Denominator for basic EPS -
Class A common stock		25.5			25.4		25.2
Class B common stock		22.1			22.1		22.1
Denominator for diluted EPS -
Class A common stock		25.5			25.4		25.2
Class B common stock		22.1			22.1		22.1
EPS Basic
Class A common stock	$	1.56		$	2.47	$	2.03
Class B common stock	$	2.33		$	3.70	$	3.03
EPS Diluted
Class A common stock	$	1.56		$	2.47	$	2.03
Class B common stock	$	2.33		$	3.70	$	3.03

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 at the specified dates:

	Authorized Shares		Issued Shares		Outstanding Shares		Treasury Shares
October 31, 2014:
Class A Common Stock		128,000,000		42,281,920		25,603,452		16,678,468
Class B Common Stock		69,120,000		34,560,000		22,119,966		12,440,034
October 31, 2013:
Class A Common Stock		128,000,000		42,281,920		25,456,724		16,825,196
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:

For the years ended October 31,	2014		2013		2012
Class A Common Stock:
Basic shares		25,547,650		25,399,256		25,162,686
Assumed conversion of stock options		5,336		23,066		70,170
Diluted shares		25,552,986		25,422,322		25,232,856
Class B Common Stock:
Basic and diluted shares		22,119,966		22,119,966		22,120,391