Matthews International Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Sep. 30, 2014

PROPERTY, PLANT AND EQUIPMENT [Abstract]

6.	PROPERTY, PLANT AND EQUIPMENT:

Property, plant and equipment and the related accumulated depreciation at September 30, 2014 and 2013 were as follows:

	2014			2013
Buildings	$	91,540		$	77,936
Machinery and equipment		340,942			303,674
		432,482			381,610
Less accumulated depreciation		(250,073	)		(233,791	)
		182,409			147,819
Land		16,453			15,534
Construction in progress		10,453			17,378
	$	209,315		$	180,731

Depreciation expense was $35,546, $31,303 and $24,630 for each of the three years ended September 30, 2014, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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