Annual report pursuant to Section 13 and 15(d)

SUPPLEMENTARY FINANCIAL INFORMATION (Tables)

v3.19.3
SUPPLEMENTARY FINANCIAL INFORMATION (Tables)
 12 Months Ended
Sep. 30, 2019
Quarterly Financial Information Disclosure [Abstract]  
Components of Selected Quarterly Financial Data
The following table sets forth certain items included in the Company's unaudited consolidated financial statements for each quarter of fiscal 2019 and fiscal 2018. 
 
Quarter Ended
 
 
 
December 31
 
March 31
 
June 30
 
September 30
 
Year Ended
September 30
 
(Dollar amounts in thousands, except per share data)
 
 
FISCAL YEAR 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sales
$
374,177

 
$
391,400

 
$
379,294

 
$
392,405

 
$
1,537,276

 
 
 
 
 
 
 
 
 
 
Gross profit
126,411

 
136,281

 
137,178

 
142,596

 
542,466

 
 
 
 
 
 
 
 
 
 
Operating profit (loss)
16,166

 
24,264

 
29,691

 
(59,818
)
 
10,303

 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to  Matthews shareholders
3,097

 
15,417

 
14,629

 
(71,131
)
 
(37,988
)
 
 
 
 
 
 
 
 
 
 
Earnings (loss) per share:
 

 
 

 
 

 
 

 
 

Basic
$
0.10

 
$
0.49

 
$
0.47

 
$
(2.28
)
 
$
(1.21
)
Diluted
0.10

 
0.48

 
0.46

 
(2.28
)
 
(1.21
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FISCAL YEAR 2018:
 

 
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
 
Sales
$
369,454

 
$
414,061

 
$
411,621

 
$
407,444

 
$
1,602,580

 
 
 
 
 
 
 
 
 
 
Gross profit (1)
131,413

 
150,680

 
152,615

 
149,513

 
584,221

 
 
 
 
 
 
 
 
 
 
Operating profit (1)
19,349

 
31,216

 
39,320

 
48,672

 
138,557

 
 
 
 
 
 
 
 
 
 
Net income attributable to  Matthews shareholders
35,180

 
18,182

 
24,414

 
29,595

 
107,371

 
 
 
 
 
 
 
 
 
 
Earnings per share:
 

 
 

 
 

 
 

 
 

Basic
$
1.11

 
$
0.57

 
$
0.77

 
$
0.94

 
$
3.39

Diluted
1.10

 
0.57

 
0.77

 
0.93

 
3.37



(1) 
Amounts were revised to reflect retrospective application for adoption of ASU No. 2017-07, "Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" on October 1, 2018. As a result, gross profit increased $714, $714, $714 and $729, respectively for each quarter in 2018, and operating profit increased $1,425, $1,425, $1,425 and $1,448, respectively for each quarter in 2018.