Accumulated Other Comprehensive Income

3 Months Ended

Dec. 31, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

The changes in AOCI by component, net of tax, for the three-month periods ended December 31, 2020 and 2019 were as follows:


	Post-retirement benefit plans			Currency translation adjustment		Derivatives			Total
Attributable to Matthews:
Balance, September 30, 2020	$	(82,954)		$	(151,881)	$	(5,884)		$	(240,719)
OCI before reclassification	—			17,055		353			17,408
Amounts reclassified from AOCI	2,124		(a)	—		682		(b)	2,806
Net current-period OCI	2,124			17,055		1,035			20,214
Balance, December 31, 2020	$	(80,830)		$	(134,826)	$	(4,849)		$	(220,505)
Attributable to noncontrolling interest:
Balance, September 30, 2020	$	—		$	368	$	—		$	368
OCI before reclassification	—			(3)		—			(3)
Net current-period OCI	—			(3)		—			(3)
Balance, December 31, 2020	$	—		$	365	$	—		$	365


	Post-retirement benefit plans			Currency translation adjustment		Derivatives			Total
Attributable to Matthews:
Balance, September 30, 2019	$	(71,743)		$	(156,214)	$	(404)		$	(228,361)
OCI before reclassification	—			11,111		566			11,677
Amounts reclassified from AOCI	1,727		(a)	—		(275)		(b)	1,452
Net current-period OCI	1,727			11,111		291			13,129
Balance, December 31, 2019	$	(70,016)		$	(145,103)	$	(113)		$	(215,232)
Attributable to noncontrolling interest:
Balance, September 30, 2019	$	—		$	375	$	—		$	375
OCI before reclassification	—			(5)		—			(5)
Net current-period OCI	—			(5)		—			(5)
Balance, December 31, 2019	$	—		$	370	$	—		$	370

(a) Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 10).

(b) Amounts were included in interest expense in the periods the hedged item affected earnings (see Note 7).

Note 11. Accumulated Other Comprehensive Income (continued)

Reclassifications out of AOCI for the three-month periods ended December 31, 2020 and 2019 were as follows:



	Amount reclassified from AOCI
Details about AOCI Components	Three Months Ended December 31, 2020		Three Months Ended December 31, 2019		Affected line item in the Statement of income

Postretirement benefit plans
Prior service credit (a)	$	108	$	70
Actuarial losses (a)	(3,021)		(2,387)
	(2,913)		(2,317)		Income before income tax (b)
	789		590		Income taxes
	$	(2,124)	$	(1,727)	Net income
Derivatives
Interest rate swap contracts	$	(903)	$	364	Interest expense
	(903)		364		Income before income tax (b)
	221		(89)		Income taxes
	$	(682)	$	275	Net income

(a)Prior service cost amounts are included in the computation of pension and other postretirement benefit expense, which is reported in both cost of goods sold and selling and administrative expenses. Actuarial losses are reported in other income (deductions), net. For additional information, see Note 10.

(b)For pre-tax items, positive amounts represent income and negative amounts represent expense.