Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]        
Sales $ 444,978 $ 417,154 $ 883,557 $ 803,811
Cost of sales (320,459) (276,143) (627,401) (537,302)
Gross profit 124,519 141,011 256,156 266,509
Selling expense (33,381) (32,360) (64,124) (63,155)
Administrative expense (71,819) (70,749) (140,388) (139,858)
Intangible amortization (11,953) (22,930) (33,499) (38,151)
Operating profit 7,366 14,972 18,145 25,345
Investment (loss) income (327) 969 676 2,046
Interest expense (6,260) (7,233) (12,767) (14,961)
Other income (deductions), net 562 (2,584) (31,151) (4,318)
Income (loss) before income taxes 1,341 6,124 (25,097) 8,112
Income tax (provision) benefit (3,277) (972) 3,351 (4,952)
Net (loss) income (1,936) 5,152 (21,746) 3,160
Net loss (income) attributable to noncontrolling interests 31 (163) 38 71
Net (loss) income attributable to Matthews shareholders $ (1,905) $ 4,989 $ (21,708) $ 3,231
(Loss) earnings per share attributable to Matthews shareholders:        
Basic (in dollars per share) $ (0.06) $ 0.16 $ (0.68) $ 0.10
Diluted (in dollars per share) $ (0.06) $ 0.16 $ (0.68) $ 0.10