CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions |
3 Months Ended |
6 Months Ended |
Apr. 30, 2019 |
Apr. 30, 2018 |
Apr. 30, 2019 |
Apr. 30, 2018 |
| Net sales |
$ 1,213.3
|
$ 968.3
|
$ 2,110.3
|
$ 1,874.0
|
| Cost of products sold |
964.6
|
773.0
|
1,688.8
|
1,507.0
|
| Gross profit |
248.7
|
195.3
|
421.5
|
367.0
|
| Selling, general and administrative expenses |
140.0
|
102.7
|
238.1
|
206.3
|
| Restructuring charges |
7.5
|
6.0
|
11.2
|
10.1
|
| Acquisition-related costs |
13.8
|
0.0
|
16.4
|
0.2
|
| Non-cash asset impairment charges |
0.0
|
0.4
|
2.1
|
3.3
|
| Gain on disposal of properties, plants and equipment, net |
(4.9)
|
(1.5)
|
(5.8)
|
(6.1)
|
| Loss on disposal of businesses, net |
1.7
|
0.0
|
1.7
|
0.0
|
| Operating profit |
90.6
|
87.7
|
157.8
|
153.2
|
| Interest expense, net |
33.9
|
13.0
|
45.6
|
26.3
|
| Debt extinguishment charges |
21.9
|
0.0
|
21.9
|
0.0
|
| Other expense, net |
2.3
|
2.5
|
2.1
|
10.2
|
| Income before income tax expense and equity earnings of unconsolidated affiliates, net |
32.5
|
72.2
|
88.2
|
116.7
|
| Income tax expense (benefit) |
11.5
|
21.1
|
31.5
|
5.5
|
| Equity earnings of unconsolidated affiliates, net of tax |
(0.1)
|
(0.8)
|
(0.2)
|
(0.8)
|
| Net income |
21.1
|
51.9
|
56.9
|
112.0
|
| Net income attributable to noncontrolling interests |
(7.5)
|
(6.8)
|
(13.6)
|
(10.4)
|
| Net income attributable to Greif, Inc. |
$ 13.6
|
$ 45.1
|
$ 43.3
|
$ 101.6
|
| 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) |
$ 0.23
|
$ 0.77
|
$ 0.74
|
$ 1.73
|
| Diluted earnings per share attributable to Greif, Inc. common shareholders: |
|
|
|
|
| Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) |
$ 0.23
|
$ 0.77
|
$ 0.74
|
$ 1.73
|
| Weighted-average number of common shares outstanding: |
|
|
|
|
| Weighted-average number of common shares outstanding, basic (shares) |
26,250,460
|
25,934,680
|
26,120,946
|
25,890,495
|
| Weighted-average number of common shares outstanding, diluted (shares) |
26,255,112
|
25,934,680
|
26,122,080
|
25,890,495
|
| Cash dividends declared per common share: |
|
|
|
|
| Cash dividends declared per common share (usd per share) |
$ 0.44
|
$ 0.42
|
$ 0.88
|
$ 0.84
|
| 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) |
0.34
|
1.14
|
1.09
|
2.58
|
| Diluted earnings per share attributable to Greif, Inc. common shareholders: |
|
|
|
|
| Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) |
$ 0.34
|
$ 1.14
|
$ 1.09
|
$ 2.58
|
| Weighted-average number of common shares outstanding: |
|
|
|
|
| Weighted-average number of common shares outstanding, basic (shares) |
22,000,000
|
22,000,000
|
22,000,000
|
22,000,000
|
| Weighted-average number of common shares outstanding, diluted (shares) |
22,000,000
|
22,000,000
|
22,000,000
|
22,000,000
|
| Cash dividends declared per common share: |
|
|
|
|
| Cash dividends declared per common share (usd per share) |
$ 0.66
|
$ 0.63
|
$ 1.31
|
$ 1.25
|