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 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Gross Profit        
Sales $ 349,377 $ 427,833 $ 1,178,848 $ 1,349,042
Cost of sales (227,421) (295,996) (787,088) (936,670)
Gross profit 121,956 131,837 391,760 412,372
Operating Profit        
Selling expense (16,058) (36,012) (87,887) (106,460)
Administrative expense (84,336) (80,086) (257,801) (240,664)
Intangible amortization (3,474) (9,037) (16,362) (27,791)
Operating profit 75,191 6,702 86,813 37,457
Nonoperating Income (Expense)        
Interest expense (15,830) (12,780) (47,377) (36,901)
Other income (deductions), net (497) (974) 1,954 (2,732)
Income (loss) before income taxes 58,864 (7,052) 41,390 (2,176)
Income tax (provision) benefit (43,477) 8,829 (38,391) 10,677
Net income 15,387 1,777 2,999 8,501
Net loss attributable to noncontrolling interests 0 0 0 0
Net income attributable to Matthews shareholders $ 15,387 $ 1,777 $ 2,999 $ 8,501
Earnings per share attributable to Matthews shareholders:        
Basic (in dollars per share) $ 0.50 $ 0.06 $ 0.10 $ 0.28
Diluted (in dollars per share) $ 0.49 $ 0.06 $ 0.10 $ 0.27
SGK Brand Solutions        
Operating Profit        
Gain on sale of SGK Business $ 57,103 $ 0 $ 57,103 $ 0