Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Sep. 30, 2020
Current assets:    
Cash and cash equivalents $ 49,176 $ 41,334
Accounts receivable, net of allowance for doubtful accounts of $10,654 and $9,618, respectively 309,818 295,185
Inventories 189,088 175,100
Other current assets 76,083 63,954
Total current assets 624,165 575,573
Restricted cash 19,167 0
Investments 30,438 63,250
Property, plant and equipment, net 223,707 236,788
Operating lease right-of-use-assets 80,262 72,011
Deferred income taxes 3,489 3,757
Goodwill 773,787 765,388
Other intangible assets, net 261,542 333,498
Other assets 15,521 22,368
Total assets 2,032,078 2,072,633
Current liabilities:    
Long-term debt, current maturities 4,624 26,824
Current portion of operating lease liabilities 25,151 23,942
Trade accounts payable 112,722 82,921
Accrued compensation 68,938 58,058
Accrued income taxes 4,235 3,612
Other current liabilities 138,555 121,511
Total current liabilities 354,225 316,868
Long-term debt 759,086 807,710
Operating lease liabilities 57,272 49,297
Accrued pension 84,803 149,848
Postretirement benefits 17,958 18,600
Deferred income taxes 97,416 78,911
Other liabilities 24,915 39,966
Total liabilities 1,395,675 1,461,200
Shareholders' equity-Matthews:    
Class A common stock, $1.00 par value; authorized 70,000,000 shares; 36,333,992 shares issued 36,334 36,334
Preferred stock, $100 par value, authorized 10,000 shares, none issued 0 0
Additional paid-in capital 149,484 135,187
Retained earnings 834,208 859,002
Accumulated other comprehensive loss (192,739) (240,719)
Treasury stock, 4,863,879 and 4,502,420 shares, respectively, at cost (190,739) (178,997)
Total shareholders' equity-Matthews 636,548 610,807
Noncontrolling interests (145) 626
Total shareholders' equity 636,403 611,433
Total liabilities and shareholders' equity $ 2,032,078 $ 2,072,633