Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

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EARNINGS PER SHARE
12 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
The information used to compute earnings (loss) per share attributable to Matthews' common shareholders was as follows:
  2021 2020 2019
Net income (loss) attributable to Matthews shareholders $ 2,910  $ (87,155) $ (37,988)
Weighted-average shares outstanding (in thousands):      
Basic shares 31,696  31,190  31,416 
Effect of dilutive securities 291  —  — 
Diluted shares 31,987  31,190  31,416 

Anti-dilutive securities excluded from the dilutive calculation were insignificant for the fiscal year ended September 30, 2021. During periods in which the Company incurs a net loss, diluted weighted-average shares outstanding are equal to basic weighted-average shares outstanding because the effect of all equity awards is anti-dilutive.