Income Statement

v3.19.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]      
Sales $ 1,537,276 $ 1,602,580 $ 1,515,608
Cost of sales (994,810) (1,018,359) (947,820)
Gross profit 542,466 584,221 567,788
Selling expense (133,368) (141,570) (142,783)
Administrative expense (275,467) (272,532) (280,316)
Intangible amortization (45,756) (31,562) (23,313)
Goodwill write-down (77,572) 0 0
Operating profit 10,303 138,557 121,376
Investment income 1,494 1,570 2,468
Interest expense (40,962) (37,427) (26,371)
Other income (deductions), net (8,918) (4,707) (1,186)
(Loss) income before income taxes (38,083) 97,993 96,287
Income tax (provision) benefit (806) 9,118 (22,354)
Net (loss) income (38,889) 107,111 73,933
Net loss attributable to noncontrolling interests 901 260 435
Net (loss) income attributable to Matthews shareholders $ (37,988) $ 107,371 $ 74,368
(Loss) earnings per share attributable to Matthews shareholders:      
Basic (in dollars per share) $ (1.21) $ 3.39 $ 2.31
Diluted (in dollars per share) $ (1.21) $ 3.37 $ 2.28

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