Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 39,295 $ 69,016
Accounts receivable, net 188,262 221,015
Inventories, net 268,599 225,440
Restricted cash, current 0 2,398
Contract assets 45,636 48,210
Other current assets 77,758 62,537
Total current assets 619,550 628,616
Noncurrent Assets    
Investments 25,228 25,976
Property, plant and equipment, net 273,572 256,065
Operating lease right-of-use assets 74,846 71,974
Deferred income taxes 2,684 3,610
Goodwill 702,916 675,421
Other intangible assets, net 174,954 202,154
Other assets 10,441 18,955
Total assets 1,884,191 1,882,771
Current liabilities:    
Long-term debt, current maturities 2,941 3,277
Current portion of operating lease liabilities 24,152 22,869
Trade accounts payable 111,723 121,359
Accrued compensation 49,089 58,272
Accrued income taxes 3,872 9,277
Contract liabilities 38,404 31,871
Other current liabilities 149,890 164,450
Total current liabilities 380,071 411,375
Long-term debt 772,056 795,291
Operating lease liabilities 53,076 51,445
Deferred income taxes 92,284 92,589
Other liabilities 64,883 44,995
Total liabilities 1,362,370 1,395,695
Shareholders' equity-Matthews:    
Common stock 36,334 36,334
Additional paid-in capital 164,640 160,255
Retained earnings 704,366 706,749
Accumulated other comprehensive loss (163,856) (190,191)
Treasury stock, at cost (219,263) (225,795)
Total shareholders' equity-Matthews 522,221 487,352
Noncontrolling interests (400) (276)
Total shareholders' equity 521,821 487,076
Total liabilities and shareholders' equity $ 1,884,191 $ 1,882,771