Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Gross Profit        
Sales $ 427,629 $ 471,223 $ 829,471 $ 921,209
Cost of sales (283,517) (323,041) (559,667) (640,674)
Gross profit 144,112 148,182 269,804 280,535
Operating Profit        
Selling expense (36,972) (36,004) (71,829) (70,448)
Administrative expense (96,912) (81,891) (173,465) (160,578)
Intangible amortization (4,280) (8,959) (12,888) (18,754)
Operating profit 5,948 21,328 11,622 30,755
Nonoperating Income (Expense)        
Interest expense (15,865) (12,545) (31,547) (24,121)
Other income (deductions), net (1,727) (878) 2,451 (1,758)
(Loss) income before income taxes (11,644) 7,905 (17,474) 4,876
Income tax benefit 2,728 1,122 5,086 1,848
Net (loss) income (8,916) 9,027 (12,388) 6,724
Net loss attributable to noncontrolling interests 0 0 0 0
Net (loss) income attributable to Matthews shareholders $ (8,916) $ 9,027 $ (12,388) $ 6,724
(Loss) earnings per share attributable to Matthews shareholders:        
Basic (in dollars per share) $ (0.29) $ 0.29 $ (0.40) $ 0.22
Diluted (in dollars per share) $ (0.29) $ 0.29 $ (0.40) $ 0.22