| Effects of the adjustments to the previously reported consolidated statements reconciliation |
The following table reconciles the effect of the adjustments to the previously reported Consolidated Statements of Income for the three and nine month periods ended June 30, 2014:
| |
|
Three months ended
June 30, 2014
|
|
|
Nine months ended
June 30, 2014
|
|
| |
|
Previously Reported |
|
|
Adjustment
|
|
|
As Adjusted |
|
|
Previously Reported |
|
|
Adjustment
|
|
|
As Adjusted |
|
Consolidated Statements of Income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (deductions), net |
|
$ |
(535 |
)* |
|
$ |
(364 |
) |
|
$ |
(899 |
) |
|
$ |
(1,641 |
)* |
|
$ |
(1,132 |
) |
|
$ |
(2,773 |
) |
Income before income taxes |
|
|
28,966 |
|
|
|
(364 |
) |
|
|
28,602 |
|
|
|
58,854 |
|
|
|
(1,132 |
) |
|
|
57,722 |
|
Income taxes |
|
|
(9,327 |
) |
|
|
142 |
|
|
|
(9,185 |
) |
|
|
(20,058 |
) |
|
|
442 |
|
|
|
(19,616 |
) |
Net income |
|
|
19,639 |
|
|
|
(222 |
) |
|
|
19,417 |
|
|
|
38,796 |
|
|
|
(690 |
) |
|
|
38,106 |
|
Net income attributable to Matthews shareholders |
|
|
19,263
|
|
|
|
(222 |
) |
|
|
19,041
|
|
|
|
38,510 |
|
|
|
(690 |
) |
|
|
37,820
|
|
| Comprehensive income |
|
|
20,048 |
|
|
|
(222 |
) |
|
|
19,826 |
|
|
|
43,804 |
|
|
|
(690 |
) |
|
|
43,114 |
|
Earnings per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
0.70 |
|
|
|
- |
|
|
|
0.70 |
|
|
|
1.41 |
|
|
|
(0.03 |
) |
|
|
1.38 |
|
Diluted |
|
|
0.70 |
|
|
|
(0.01 |
) |
|
|
0.69 |
|
|
|
1.40 |
|
|
|
(0.03 |
) |
|
|
1.37 |
|
*Certain other reclassification adjustments are also reflected in the previously reported amounts to conform to the current period's presentation. These reclassification adjustments are not material to the prior year presentation.
The following table reconciles the effect of the adjustments to the previously reported Consolidated Statement of Cash Flows for the nine month period ended June 30, 2014:
| |
|
Nine months ended
June 30, 2014
|
| |
|
Previously Reported |
|
|
Adjustment
|
|
|
As Adjusted |
|
Consolidated Statements of Cash Flows |
|
|
|
|
|
|
|
|
|
Net income |
|
$ |
38,796 |
|
|
$ |
(690 |
) |
|
|
38,106 |
|
Changes in deferred taxes |
|
|
(309 |
) |
|
|
(442 |
) |
|
|
(751 |
) |
Net cash provided by operating activities |
|
|
63,547 |
|
|
|
(1,132 |
) |
|
|
62,415 |
|
Net change in cash and cash equivalents |
|
|
21,657 |
|
|
|
(1,132 |
) |
|
|
20,525 |
|
|