PITTSBURGH, PA, JULY 21, 2011 – Matthews International Corporation (NASDAQ GSM: MATW) today announced earnings for the quarter ended June 30, 2011. Net income attributable to the Company increased to $21,875,000 for the fiscal 2011 third quarter, compared to $20,411,000 for the same quarter a year ago. Earnings per share for the fiscal 2011 third quarter were $0.74 per share, compared to $0.68 per share for the third quarter of fiscal 2010. Earnings for the current quarter included a favorable income tax adjustment of $0.02 per share related to the closure of certain prior tax periods. The fiscal 2010 third quarter included a similar adjustment of $0.02 per share. Excluding these adjustments, earnings per share for the fiscal 2011 third quarter were $0.72 per share, compared to $0.66 per share for the third quarter of fiscal 2010, representing an increase of $0.06 per share, or 9.1%.
3Q 2011 Earnings & Dividend