Matthews International Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured on a Recurring Basis

As of September 30, 2018 and 2017, the fair values of the Company's assets and liabilities measured on a recurring basis were categorized as follows:



	September 30, 2018
	Level 1				Level 2				Level 3				Total
Assets:
Derivatives (1)	$	—			$	11,309			$	—			$	11,309
Equity and fixed income mutual funds	—				22,758				—				22,758
Life insurance policies	—				5,894				—				5,894
Total assets at fair value	$	—			$	39,961			$	—			$	39,961

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

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



	September 30, 2017
	Level 1				Level 2				Level 3				Total
Assets:
Derivatives (1)	$	—			$	3,990			$	—			$	3,990
Equity and fixed income mutual funds	—				21,649				—				21,649
Life insurance policies	—				5,810				—				5,810
Total assets at fair value	$	—			$	31,449			$	—			$	31,449

Liabilities:
Derivatives (1)	$	—			$	31			$	—			$	31
Total liabilities at fair value	$	—			$	31			$	—			$	31

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