Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

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EARNINGS PER SHARE
 12 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
The information used to compute (loss) earnings per share attributable to Matthews' common shareholders was as follows:
  2022 2021 2020
Net (loss) income attributable to Matthews shareholders $ (99,774) $ 2,910  $ (87,155)
Weighted-average shares outstanding (in thousands):      
Basic shares 31,367  31,696  31,190 
Effect of dilutive securities —  291  — 
Diluted shares 31,367  31,987  31,190 

Anti-dilutive securities excluded from the dilutive calculation were insignificant for the fiscal year ended September 30, 2021. During periods in which the Company incurs a net loss, diluted weighted-average shares outstanding are equal to basic weighted-average shares outstanding because the effect of all equity awards is anti-dilutive.