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

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share Attributable to Matthews' Shareholders

Earnings Per Share Attributable to Matthews' Shareholders

3 Months Ended

Dec. 31, 2022

Earnings Per Share Attributable to Matthews' Shareholders

The information used to compute earnings (loss) per share attributable to Matthews' common shareholders was as follows:


	Three Months Ended December 31,
		2022		2021
Net income (loss) attributable to Matthews shareholders		$	3,703	$	(19,803)


Weighted-average shares outstanding (in thousands):
Basic shares		30,712		31,719
Effect of dilutive securities		241		—
Diluted shares		30,953		31,719

Dividends declared per common share		$	0.23	$	0.22

Anti-dilutive securities excluded from the dilution calculation were insignificant for the three months ended December 31, 2022. 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.