Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Sep. 30, 2021
Current assets:    
Cash and cash equivalents $ 69,016 $ 49,176
Accounts receivable, net of allowance for doubtful accounts of $10,138 and $10,654, respectively 221,015 309,818
Inventories 225,440 189,088
Restricted cash, current 2,398 0
Other current assets 110,747 76,083
Total current assets 628,616 624,165
Restricted cash, non-current 0 19,167
Investments 25,976 30,438
Property, plant and equipment, net 256,065 223,707
Operating lease right-of-use-assets 71,974 80,262
Deferred income taxes 3,610 3,489
Goodwill 675,421 773,787
Other intangible assets, net 202,154 261,542
Other assets 18,955 15,521
Total assets 1,882,771 2,032,078
Current liabilities:    
Long-term debt, current maturities 3,277 4,624
Current portion of operating lease liabilities 22,869 25,151
Trade accounts payable 121,359 112,722
Accrued compensation 58,272 68,938
Accrued income taxes 9,277 4,235
Other current liabilities 196,321 138,555
Total current liabilities 411,375 354,225
Long-term debt 795,291 759,086
Operating lease liabilities 51,445 57,272
Accrued pension 12,437 84,803
Postretirement benefits 11,983 17,958
Deferred income taxes 92,589 97,416
Other liabilities 20,575 24,915
Total liabilities 1,395,695 1,395,675
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 160,255 149,484
Retained earnings 706,749 834,208
Accumulated other comprehensive loss (190,191) (192,739)
Treasury stock, 6,035,940 and 4,863,879 shares, respectively, at cost (225,795) (190,739)
Total shareholders' equity-Matthews 487,352 636,548
Noncontrolling interests (276) (145)
Total shareholders' equity 487,076 636,403
Total liabilities and shareholders' equity $ 1,882,771 $ 2,032,078