Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Sep. 30, 2019
Current assets:    
Cash and cash equivalents $ 41,334 $ 35,302
Accounts receivable, net of allowance for doubtful accounts of $9,618 and $10,846, respectively 295,185 318,756
Inventories 175,100 180,274
Other current assets 63,954 49,384
Total current assets 575,573 583,716
Investments 63,250 85,501
Property, plant and equipment, net 236,788 237,442
Deferred income taxes 3,757 5,032
Other assets 94,379 31,455
Goodwill 765,388 846,807
Other intangible assets, net 333,498 400,650
Total assets 2,072,633 2,190,603
Current liabilities:    
Long-term debt, current maturities 26,824 42,503
Trade accounts payable 82,921 74,558
Accrued compensation 58,058 42,545
Accrued income taxes 3,612 5,997
Other current liabilities 145,453 114,276
Total current liabilities 316,868 279,879
Long-term debt 807,710 898,194
Accrued pension 149,848 133,762
Postretirement benefits 18,600 19,963
Deferred income taxes 78,911 102,482
Other liabilities 89,263 37,087
Total liabilities 1,461,200 1,471,367
Shareholders' equity-Matthews:    
Class A common stock, $1.00 par value; authorized 70,000,000 shares; 36,333,992 shares issued 36,334 36,334
Preferred stock, $100 par value, authorized 10,000 shares, none issued 0 0
Additional paid-in capital 135,187 137,774
Retained earnings 859,002 972,594
Accumulated other comprehensive loss (240,719) (228,361)
Treasury stock, 4,502,420 and 4,985,508 shares, respectively, at cost (178,997) (200,235)
Total shareholders' equity-Matthews 610,807 718,106
Noncontrolling interests 626 1,130
Total shareholders' equity 611,433 719,236
Total liabilities and shareholders' equity $ 2,072,633 $ 2,190,603