Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

v3.23.3
EARNINGS PER SHARE
 12 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
The information used to compute earnings (loss) per share attributable to Matthews' common shareholders was as follows:
  2023 2022 2021
Net income (loss) attributable to Matthews shareholders $ 39,291  $ (99,774) $ 2,910 
Weighted-average shares outstanding (in thousands):      
Basic shares 30,795  31,367  31,696 
Effect of dilutive securities 494  —  291 
Diluted shares 31,289  31,367  31,987 
Dividends declared per common share $ 0.92  $ 0.88  $ 0.86 

Anti-dilutive securities excluded from the dilutive calculation were insignificant for the fiscal years ended September 30, 2023 and 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.