Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Sep. 30, 2023
Current assets:    
Cash and cash equivalents $ 45,497 $ 42,101
Accounts receivable, net 192,735 207,526
Inventories, net 253,301 260,409
Contract assets 90,835 74,646
Other current assets 71,681 63,575
Total current assets 654,049 648,257
Noncurrent Assets    
Investments 26,780 24,988
Property, plant and equipment, net 277,903 270,326
Operating lease right-of-use assets 65,779 71,629
Deferred income taxes 2,316 2,269
Goodwill 707,881 698,109
Other intangible assets, net 143,884 160,478
Other assets 11,885 11,325
Total assets 1,890,477 1,887,381
Current liabilities:    
Long-term debt, current maturities 5,419 3,696
Current portion of operating lease liabilities 23,442 23,983
Trade accounts payable 107,147 114,316
Accrued compensation 44,525 58,872
Accrued income taxes 4,035 12,561
Contract liabilities 35,613 36,935
Other current liabilities 138,571 144,237
Total current liabilities 358,752 394,600
Long-term debt 837,357 786,484
Operating lease liabilities 44,658 50,189
Deferred income taxes 69,672 71,255
Other liabilities 70,691 59,572
Total liabilities 1,381,130 1,362,100
Shareholders' equity-Matthews:    
Common stock 36,334 36,334
Additional paid-in capital 150,344 168,211
Retained earnings 705,113 714,727
Accumulated other comprehensive loss (172,504) (174,404)
Treasury stock, at cost (209,987) (219,200)
Total shareholders' equity-Matthews 509,300 525,668
Noncontrolling interests 47 (387)
Total shareholders' equity 509,347 525,281
Total liabilities and shareholders' equity $ 1,890,477 $ 1,887,381