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)

3 Months Ended

Dec. 31, 2022

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:


	December 31, 2022								September 30, 2022
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Derivatives (1)	$	—	$	10,079	$	—	$	10,079	$	—	$	14,421	$	—	$	14,421

Life insurance policies	—		4,608		—		4,608		—		4,439		—		4,439
Total assets at fair value	$	—	$	14,687	$	—	$	14,687	$	—	$	18,860	$	—	$	18,860

Liabilities:
Derivatives (1)	$	—	$	2,082	$	—	$	2,082	$	—	$	—	$	—	$	—
Total liabilities at fair value	$	—	$	2,082	$	—	$	2,082	$	—	$	—	$	—	$	—

(1) Interest rate swaps and cross currency swaps are valued based on observable market swap rates and are classified within Level 2 of the fair value hierarchy.