Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share Attributable to Matthews' Shareholders

v3.23.1
Earnings Per Share Attributable to Matthews' Shareholders
6 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Matthews' Shareholders Earnings Per Share Attributable to Matthews' Shareholders
The information used to compute earnings (loss) per share attributable to Matthews' common shareholders was as follows:
Three Months Ended
March 31,
Six Months Ended
March 31,
  2023 2022 2023 2022
Net income (loss) attributable to Matthews shareholders $ 9,127  $ (1,905) $ 12,830  $ (21,708)
Weighted-average shares outstanding (in thousands):        
Basic shares 30,778  31,692  30,741  31,695 
Effect of dilutive securities 401  —  330  — 
Diluted shares 31,179  31,692  31,071  31,695 
Dividends declared per common share $ 0.23  $ 0.22  $ 0.46  $ 0.44 
Anti-dilutive securities excluded from the dilution calculation were insignificant for the three and six months ended March 31, 2023. 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.