$MATW
MATTHEWS INTERNATIONAL CORP Stock $matw

$matw Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000006329624000008 Filed on February 02, 2024

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$450.0M	$480.2M
YoY Change	0.17%	5.05%
Cost Of Revenue	$317.6M	$329.4M
YoY Change	2.36%	5.62%
Gross Profit	$132.4M	$150.8M
YoY Change	-4.73%	3.82%
Gross Profit Margin	29.41%	31.4%
Selling, General & Admin	$113.1M	$113.9M
YoY Change	1.59%	-8.19%
% of Gross Profit	85.48%	75.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$23.52M	$24.70M
YoY Change	-0.87%	3.38%
% of Gross Profit	17.77%	16.38%
Operating Expenses	$113.1M	$124.4M
YoY Change	1.59%	-8.43%
Operating Profit	$9.427M	$26.40M
YoY Change	-45.28%	180.58%
Interest Expense	$11.58M	-$11.50M
YoY Change	13.32%	43.79%
% of Operating Profit	122.8%	-43.56%
Other Income/Expense, Net	-$880.0K	$0.00
YoY Change	-57.16%	-100.0%
Pretax Income	-$3.029M	$15.30M
YoY Change	-161.08%	-118.43%
Income Tax	-$726.0K	-$2.400M
% Of Pretax Income		-15.69%
Net Earnings	-$2.303M	$17.70M
YoY Change	-162.19%	-121.86%
Net Earnings / Revenue	-0.51%	3.69%
Basic Earnings Per Share	-$0.07
Diluted Earnings Per Share	-$0.07	$0.56
COMMON SHARES
Basic Shares Outstanding	30.38M shares
Diluted Shares Outstanding	30.92M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$37.92M	$42.10M
YoY Change	-11.23%	-39.0%
Cash & Equivalents	$37.92M	$42.10M
Short-Term Investments
Other Short-Term Assets	$66.84M	$63.58M
YoY Change	-44.74%	-42.59%
Inventory	$257.8M	$260.4M
Prepaid Expenses
Receivables	$216.4M	$207.5M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$658.1M	$648.3M
YoY Change	3.92%	3.12%
LONG-TERM ASSETS
Property, Plant & Equipment	$281.8M	$342.0M
YoY Change	6.48%	33.56%
Goodwill	$709.0M	$698.1M
YoY Change	2.45%	3.36%
Intangibles	$151.3M	$160.5M
YoY Change	-21.89%	-20.62%
Long-Term Investments	$350.0K	$323.0K
YoY Change	-88.23%	-88.16%
Other Assets	$8.696M	$11.33M
YoY Change	-42.12%	-40.25%
Total Long-Term Assets	$1.245B	$1.239B
YoY Change	-1.94%	-1.2%
TOTAL ASSETS
Total Short-Term Assets	$658.1M	$648.3M
Total Long-Term Assets	$1.245B	$1.239B
Total Assets	$1.903B	$1.887B
YoY Change	0.01%	0.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$97.34M	$114.3M
YoY Change	-3.89%	-5.8%
Accrued Expenses	$67.69M	$82.90M
YoY Change	3.18%	2.17%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$4.948M	$3.696M
YoY Change	66.21%	12.79%
Total Short-Term Liabilities	$349.2M	$394.6M
YoY Change	-4.78%	-4.08%
LONG-TERM LIABILITIES
Long-Term Debt	$857.4M	$786.5M
YoY Change	2.79%	-1.11%
Other Long-Term Liabilities	$70.28M	$59.57M
YoY Change	190.02%	189.54%
Total Long-Term Liabilities	$927.7M	$846.1M
YoY Change	8.08%	3.7%
TOTAL LIABILITIES
Total Short-Term Liabilities	$349.2M	$394.6M
Total Long-Term Liabilities	$927.7M	$846.1M
Total Liabilities	$1.394B	$1.362B
YoY Change	-0.27%	-2.41%
SHAREHOLDERS EQUITY
Retained Earnings	$704.0M	$714.7M
YoY Change	0.34%	1.13%
Common Stock	$183.4M	$36.33M
YoY Change	-5.32%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$211.0M	$219.2M
YoY Change	-4.53%	-2.92%
Treasury Stock Shares
Shareholders Equity	$508.8M	$525.7M
YoY Change
Total Liabilities & Shareholders Equity	$1.903B	$1.887B
YoY Change	0.01%	0.24%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	-$2.303M	$17.70M
YoY Change	-162.19%	-121.86%
Depreciation, Depletion And Amortization	$23.52M	$24.70M
YoY Change	-0.87%	3.38%
Cash From Operating Activities	-$27.27M	$2.600M
YoY Change	-24.73%	-93.88%
INVESTING ACTIVITIES
Capital Expenditures	$14.07M	$13.50M
YoY Change	13.51%	-165.14%
Acquisitions	$0.00
YoY Change	-100.0%
Other Investing Activities	$113.0K	$8.500M
YoY Change	-2925.0%	-140.1%
Cash From Investing Activities	-$14.19M	-$5.000M
YoY Change	0.23%	-88.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$211.7M
YoY Change	1.73%
Cash From Financing Activities	$36.11M	6.200M
YoY Change	61.79%	-5.53%
NET CHANGE
Cash From Operating Activities	-$27.27M	2.600M
Cash From Investing Activities	-$14.19M	-5.000M
Cash From Financing Activities	$36.11M	6.200M
Net Change In Cash	-$4.180M	3.800M
YoY Change	-84.11%	-46.73%
FREE CASH FLOW
Cash From Operating Activities	-$27.27M	$2.600M
Capital Expenditures	$14.07M	$13.50M
Free Cash Flow	-$41.34M	-$10.90M
YoY Change	-14.98%	-117.24%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Finance Lease Liability Statement Of Financial Position Extensible List FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent
CY2023Q3	us-gaap	Finance Lease Liability Statement Of Financial Position Extensible List FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent
CY2023Q3	us-gaap	Derivative Asset Noncurrent Statement Of Financial Position Extensible Enumeration DerivativeAssetNoncurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q4	us-gaap	Derivative Asset Noncurrent Statement Of Financial Position Extensible Enumeration DerivativeAssetNoncurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q4	us-gaap	Cost Of Revenue CostOfRevenue	317633000	usd
CY2022Q4	us-gaap	Cost Of Revenue CostOfRevenue	310310000	usd
CY2023Q4	us-gaap	Gross Profit GrossProfit	132353000	usd
CY2022Q4	us-gaap	Gross Profit GrossProfit	138930000	usd
CY2023Q4	us-gaap	Selling Expense SellingExpense	34444000	usd
CY2022Q4	us-gaap	Selling Expense SellingExpense	33439000	usd
CY2023Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	78687000	usd
CY2022Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	77921000	usd
CY2023Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9795000	usd
CY2022Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10342000	usd
CY2023Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	9427000	usd
CY2022Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	17228000	usd
CY2023Q4	us-gaap	Interest Expense InterestExpense	11576000	usd
CY2022Q4	us-gaap	Interest Expense InterestExpense	10215000	usd
CY2023Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-880000	usd
CY2022Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2054000	usd
CY2023Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3029000	usd
CY2022Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	4959000	usd
CY2023Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-726000	usd
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1312000	usd
CY2023Q4	us-gaap	Profit Loss ProfitLoss	-2303000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	3647000	usd
CY2023Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-56000	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-2303000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	3703000	usd
CY2023Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2023Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-2303000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	3703000	usd
CY2023Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-56000	usd
CY2023Q4	us-gaap	Profit Loss ProfitLoss	-2303000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	3647000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	6724000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	21101000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	22000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	4000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	6746000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	21105000	usd
CY2023Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	4421000	usd
CY2022Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	24804000	usd
CY2023Q4	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	22000	usd
CY2022Q4	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-52000	usd
CY2023Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	4443000	usd
CY2022Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	24752000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	525281000	usd
CY2023Q4	us-gaap	Profit Loss ProfitLoss	-2303000	usd
CY2023Q4	matw	Minimum Pension Liability MinimumPensionLiability	-80000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	11707000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-4881000	usd
CY2023Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	4443000	usd
CY2023Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4651000	usd
CY2023Q4	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	465953	shares
CY2023Q4	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	17185000	usd
CY2023Q4	us-gaap	Stock Issued During Period Shares Treasury Stock Reissued StockIssuedDuringPeriodSharesTreasuryStockReissued	678750	shares
CY2023Q4	us-gaap	Dividends Common Stock DividendsCommonStock	8381000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	508809000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	487076000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	3647000	usd
CY2022Q4	matw	Minimum Pension Liability MinimumPensionLiability	945000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	20564000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-404000	usd
CY2022Q4	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	24752000	usd
CY2022Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4334000	usd
CY2022Q4	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	89025	shares
CY2022Q4	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2451000	usd
CY2022Q4	us-gaap	Stock Issued During Period Shares Treasury Stock Reissued StockIssuedDuringPeriodSharesTreasuryStockReissued	245006	shares
CY2022Q4	us-gaap	Treasury Stock Shares Retired TreasuryStockSharesRetired	34327	shares
CY2022Q4	us-gaap	Dividends Common Stock DividendsCommonStock	8794000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	504917000	usd
CY2023Q4	us-gaap	Profit Loss ProfitLoss	-2303000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	3647000	usd
CY2023Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23523000	usd
CY2022Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23729000	usd
CY2023Q4	us-gaap	Share Based Compensation ShareBasedCompensation	4651000	usd
CY2022Q4	us-gaap	Share Based Compensation ShareBasedCompensation	4334000	usd
CY2023Q4	matw	Increase Decreasein Deferred Tax IncreaseDecreaseinDeferredTax	1000	usd
CY2022Q4	matw	Increase Decreasein Deferred Tax IncreaseDecreaseinDeferredTax	46000	usd
CY2023Q4	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	87000	usd
CY2022Q4	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	17000	usd
CY2023Q4	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	0	usd
CY2022Q4	us-gaap	Increase Decrease In Pension Plan Obligations IncreaseDecreaseInPensionPlanObligations	1271000	usd
CY2023Q4	us-gaap	Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1 DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1	0	usd
CY2022Q4	us-gaap	Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1 DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1	24242000	usd
CY2023Q4	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	51640000	usd
CY2022Q4	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	43152000	usd
CY2023Q4	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-5888000	usd
CY2022Q4	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-1524000	usd
CY2023Q4	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-4068000	usd
CY2022Q4	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	545000	usd
CY2023Q4	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-3229000	usd
CY2022Q4	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-3817000	usd
CY2023Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-27266000	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-36224000	usd
CY2023Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	14073000	usd
CY2022Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12398000	usd
CY2023Q4	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2022Q4	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1759000	usd
CY2023Q4	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	113000	usd
CY2022Q4	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-4000	usd
CY2023Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14186000	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14153000	usd
CY2023Q4	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	274275000	usd
CY2022Q4	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	240826000	usd
CY2023Q4	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	211696000	usd
CY2022Q4	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	208104000	usd
CY2023Q4	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	17185000	usd
CY2022Q4	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2451000	usd
CY2023Q4	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9280000	usd
CY2022Q4	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	7003000	usd
CY2023Q4	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
CY2022Q4	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-946000	usd
CY2023Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	36114000	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	22322000	usd
CY2023Q4	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1158000	usd
CY2022Q4	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1757000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4180000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-26298000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42101000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	71414000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	37921000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45116000	usd
CY2023Q4	us-gaap	Nature Of Operations NatureOfOperations	Nature of Operations<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Matthews International Corporation ("Matthews" or the "Company"), founded in 1850 and incorporated in Pennsylvania in 1902, is a global provider of memorialization products, industrial technologies and brand solutions. The Company manages its businesses under three segments: Memorialization, Industrial Technologies and SGK Brand Solutions. Memorialization products consist primarily of bronze and granite memorials and other memorialization products, caskets, cremation-related products, and cremation and incineration equipment primarily for the cemetery and funeral home industries. Industrial Technologies includes the design, manufacturing, service and distribution of high-tech custom energy storage solutions; product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking and conveying consumer and industrial products; and coating and converting lines for the packaging, pharma, foil, décor and tissue industries. SGK Brand Solutions consists of brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services primarily for the consumer goods and retail industries.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has facilities in North America, Europe, Asia, Australia, and Central and South America.</span></div>
CY2023Q4	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2023Q4	us-gaap	Assets Net AssetsNet	4917000	usd
CY2023Q3	us-gaap	Assets Net AssetsNet	4271000	usd
CY2023Q4	us-gaap	Accounts Payable Trade Current And Noncurrent AccountsPayableTradeCurrentAndNoncurrent	3314000	usd
CY2023Q3	us-gaap	Accounts Payable Trade Current And Noncurrent AccountsPayableTradeCurrentAndNoncurrent	3027000	usd
CY2023Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	449986000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	449240000	usd
CY2023Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	72355000	usd
CY2023Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	70451000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	107825000	usd
CY2023Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	108400000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	77656000	usd
CY2023Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	81558000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	257836000	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	260409000	usd
CY2023Q4	us-gaap	Trading Securities TradingSecurities	713000	usd
CY2023Q3	us-gaap	Trading Securities TradingSecurities	699000	usd
CY2023Q4	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	5038000	usd
CY2023Q3	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	4926000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	350000	usd
CY2023Q3	us-gaap	Equity Method Investments EquityMethodInvestments	323000	usd
CY2023Q4	us-gaap	Other Investments OtherInvestments	19123000	usd
CY2023Q3	us-gaap	Other Investments OtherInvestments	19040000	usd
CY2023Q4	us-gaap	Long Term Investments LongTermInvestments	25224000	usd
CY2023Q3	us-gaap	Long Term Investments LongTermInvestments	24988000	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.318
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	14548000	usd
CY2023Q3	us-gaap	Finance Lease Liability FinanceLeaseLiability	9271000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	862371000	usd
CY2023Q3	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	790180000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	4948000	usd
CY2023Q3	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	3696000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	857423000	usd
CY2023Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	786484000	usd
CY2023Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4651000	usd
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4334000	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.024
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.047
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	-2303000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	3703000	usd
CY2023Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30915000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30712000	shares
CY2023Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	241000	shares
CY2023Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30915000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30953000	shares
CY2023Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.24
CY2022Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.23
CY2023Q4	matw	Rpa Financing Fees RPAFinancingFees	1175000	usd
CY2022Q4	matw	Rpa Financing Fees RPAFinancingFees	456000	usd
CY2023Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-726000	usd
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1312000	usd
CY2023Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	4245000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	3779000	usd
CY2023Q4	us-gaap	Decrease In Unrecognized Tax Benefits Is Reasonably Possible DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible	2913000	usd
CY2023Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	804000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	730000	usd
CY2023Q4	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2023Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	449986000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	449240000	usd
CY2023Q4	matw	Adjusted Earnings Before Interest Tax Depreciation And Amortization Ebitda AdjustedEarningsBeforeInterestTaxDepreciationAndAmortizationEBITDA	45482000	usd
CY2022Q4	matw	Adjusted Earnings Before Interest Tax Depreciation And Amortization Ebitda AdjustedEarningsBeforeInterestTaxDepreciationAndAmortizationEBITDA	49291000	usd
CY2023Q4	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1237000	usd
CY2022Q4	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1285000	usd
CY2023Q4	matw	Strategic Initiatives And Other Charges StrategicInitiativesAndOtherCharges	5920000	usd
CY2022Q4	matw	Strategic Initiatives And Other Charges StrategicInitiativesAndOtherCharges	1781000	usd
CY2023Q4	us-gaap	Amount Recognized In Income Due To Inflationary Accounting AmountRecognizedInIncomeDueToInflationaryAccounting	-320000	usd
CY2022Q4	us-gaap	Amount Recognized In Income Due To Inflationary Accounting AmountRecognizedInIncomeDueToInflationaryAccounting	-1088000	usd
CY2023Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4651000	usd
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4334000	usd
CY2023Q4	matw	Nonservice Pension And Postretirement Expense NonservicePensionAndPostretirementExpense	109000	usd
CY2022Q4	matw	Nonservice Pension And Postretirement Expense NonservicePensionAndPostretirementExpense	1388000	usd
CY2023Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23523000	usd
CY2022Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23729000	usd
CY2023Q4	matw	Interest Expense Including Rpa And Factoring Financing Fees InterestExpenseIncludingRPAAndFactoringFinancingFees	12751000	usd
CY2022Q4	matw	Interest Expense Including Rpa And Factoring Financing Fees InterestExpenseIncludingRPAAndFactoringFinancingFees	10671000	usd
CY2023Q4	us-gaap	Income Loss Attributable To Noncontrolling Interest IncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q4	us-gaap	Income Loss Attributable To Noncontrolling Interest IncomeLossAttributableToNoncontrollingInterest	-56000	usd
CY2023Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3029000	usd
CY2022Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	4959000	usd
CY2023Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-726000	usd
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1312000	usd
CY2023Q4	us-gaap	Profit Loss ProfitLoss	-2303000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	3647000	usd
CY2023Q3	us-gaap	Goodwill Goodwill	698109000	usd
CY2023Q4	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	10852000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	708961000	usd
CY2023Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	261186000	usd
CY2023Q3	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	261186000	usd
CY2023Q3	us-gaap	Reporting Unit Percentage Of Fair Value In Excess Of Carrying Amount ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount	0.04
CY2023Q4	matw	Indefinite Lived And Finite Lived Intangible Assets Gross IndefiniteLivedAndFiniteLivedIntangibleAssetsGross	579618000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	428276000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	151342000	usd
CY2023Q3	matw	Indefinite Lived And Finite Lived Intangible Assets Gross IndefiniteLivedAndFiniteLivedIntangibleAssetsGross	579261000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	418783000	usd
CY2023Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	160478000	usd
CY2023Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9795000	usd
CY2022Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10342000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	26436000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	20493000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	14081000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	13007000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	10960000	usd
CY2023Q4	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q4	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
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matw-20231231_def.xml	Edgar Link	unprocessable
matw-20231231_cal.xml	Edgar Link	unprocessable
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Financial_Report.xlsx	Edgar Link	pending
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matw-123123xex312.htm	Edgar Link	pending
matw-123123xex321.htm	Edgar Link	pending
matw-123123xex322.htm	Edgar Link	pending
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matw-20231231_pre.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MATW
MATTHEWS INTERNATIONAL CORP Stock $matw

2023 Q4 Form 10-Q Financial Statement

#000006329624000008 Filed on February 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MATW MATTHEWS INTERNATIONAL CORP Stock $matw

2023 Q4 Form 10-Q Financial Statement

#000006329624000008 Filed on February 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MATW
MATTHEWS INTERNATIONAL CORP Stock $matw