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)

6 Months Ended

Mar. 31, 2020

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:


			March 31, 2020																																										September 30, 2019
			Level 1						Level 2						Level 3						Total						Level 1						Level 2						Level 3						Total
Assets:
Derivatives⁽¹⁾			$	—					$	777					$	—					$	777					$	—					$	845					$	—					$	845
Equity and fixed income mutual funds			—						22,892						—						22,892						—						22,986						—						22,986
Life insurance policies			—						4,054						—						4,054						—						4,030						—						4,030
Total assets at fair value			$	—					$	27,723					$	—					$	27,723					$	—					$	27,861					$	—					$	27,861

Liabilities:
Derivatives⁽¹⁾			$	—					$	6,809					$	—					$	6,809					$	—					$	1,379					$	—					$	1,379
Total liabilities at fair value			$	—					$	6,809					$	—					$	6,809					$	—					$	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.