Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY

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SHAREHOLDERS' EQUITY
 12 Months Ended
Sep. 30, 2011
SHAREHOLDERS' EQUITY [Abstract]  
SHAREHOLDERS' EQUITY
8.
SHAREHOLDERS' EQUITY:

The authorized common stock of the Company consists of 70,000,000 shares of Class A Common Stock, $1 par value.

The Company has a stock repurchase program.  Under the current authorization, the Company's Board of Directors has authorized the repurchase of a total of 2,500,000 shares of Matthews' common stock under the program, of which 2,169,470 shares had been repurchased as of September 30, 2011.  The buy-back program is designed to increase shareholder value, enlarge the Company's holdings of its common stock, and add to earnings per share.  Repurchased shares may be retained in treasury, utilized for acquisitions, or reissued to employees or other purchasers, subject to the restrictions of the Company's Restated Articles of Incorporation.

Comprehensive income consists of net income adjusted for changes, net of any related income tax effect, in cumulative foreign currency translation, the fair value of derivatives, unrealized investment gains and losses and minimum pension liability.

Accumulated other comprehensive loss at September 30, 2011 and 2010 consisted of the following:

   
2011
    
2010
  
Cumulative foreign currency translation
   $ 1,830     $ 10,440  
Fair value of derivatives, net of tax of $2,793 and $1,734, respectively
     (4,368 )      (2,711 ) 
Minimum pension liability, net of tax of $35,650 and $28,454, respectively
     (56,120 )      (44,865 ) 
    $ (58,658 )    $ (37,136 )