Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share Attributable to Matthews' Shareholders

v3.23.2
Earnings Per Share Attributable to Matthews' Shareholders
 9 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Matthews' Shareholders 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
June 30,		 Nine Months Ended
June 30,
  2023 2022 2023 2022
Net income (loss) attributable to Matthews shareholders $ 8,738  $ 2,893  $ 21,568  $ (18,815)
Weighted-average shares outstanding (in thousands):        
Basic shares 30,795  31,244  30,758  31,531 
Effect of dilutive securities 449  308  371  — 
Diluted shares 31,244  31,552  31,129  31,531 
Dividends declared per common share $ 0.23  $ 0.22  $ 0.69  $ 0.66 
Anti-dilutive securities excluded from the dilution calculation were insignificant for the three and nine months ended June 30, 2023, and the three months ended June 30, 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.