Matthews International Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured on a Recurring Basis

The fair values of the Company's assets and liabilities measured on a recurring basis are categorized as follows:



	December 31, 2019																September 30, 2019
	Level 1				Level 2				Level 3				Total				Level 1				Level 2				Level 3				Total
Assets:
Derivatives⁽¹⁾	$	—			$	669			$	—			$	669			$	—			$	845			$	—			$	845
Equity and fixed income mutual funds	—				24,014				—				24,014				—				22,986				—				22,986
Life insurance policies	—				4,089				—				4,089				—				4,030				—				4,030
Total assets at fair value	$	—			$	28,772			$	—			$	28,772			$	—			$	27,861			$	—			$	27,861

Liabilities:
Derivatives⁽¹⁾	$	—			$	818			$	—			$	818			$	—			$	1,379			$	—			$	1,379
Total liabilities at fair value	$	—			$	818			$	—			$	818			$	—			$	1,379			$	—			$	1,379
⁽¹⁾Interest rate swaps are valued based on observable market swap rates and are classified within Level 2 of the fair value hierarchy.