Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Sep. 30, 2023
Current assets:    
Cash and cash equivalents $ 42,745 $ 42,101
Accounts receivable, net 192,817 207,526
Inventories, net 248,644 260,409
Contract assets 95,263 74,646
Other current assets 62,610 63,575
Total current assets 642,079 648,257
Noncurrent Assets    
Investments 26,810 24,988
Property, plant and equipment, net 272,875 270,326
Operating lease right-of-use assets 64,009 71,629
Deferred income taxes 2,075 2,269
Goodwill 706,219 698,109
Other intangible assets, net 134,801 160,478
Other assets 13,009 11,325
Total assets 1,861,877 1,887,381
Current liabilities:    
Long-term debt, current maturities 5,476 3,696
Current portion of operating lease liabilities 23,321 23,983
Trade accounts payable 113,636 114,316
Accrued compensation 47,025 58,872
Accrued income taxes 10,164 12,561
Contract liabilities 31,389 36,935
Other current liabilities 155,141 144,237
Total current liabilities 386,152 394,600
Long-term debt 824,745 786,484
Operating lease liabilities 42,914 50,189
Deferred income taxes 45,164 71,255
Other liabilities 59,210 59,572
Total liabilities 1,358,185 1,362,100
Shareholders' equity-Matthews:    
Common stock 36,334 36,334
Additional paid-in capital 155,584 168,211
Retained earnings 699,037 714,727
Accumulated other comprehensive loss (174,109) (174,404)
Treasury stock, at cost (213,201) (219,200)
Total shareholders' equity-Matthews 503,645 525,668
Noncontrolling interests 47 (387)
Total shareholders' equity 503,692 525,281
Total liabilities and shareholders' equity $ 1,861,877 $ 1,887,381