EARNINGS PER SHARE

12 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

The information used to compute (loss) earnings per share attributable to Matthews' common shareholders was as follows:

	2022		2021		2020
Net (loss) income attributable to Matthews shareholders	$	(99,774)	$	2,910	$	(87,155)
Weighted-average shares outstanding (in thousands):
Basic shares	31,367		31,696		31,190
Effect of dilutive securities	—		291		—
Diluted shares	31,367		31,987		31,190

Anti-dilutive securities excluded from the dilutive calculation were insignificant for the fiscal year ended September 30, 2021. During periods in which the Company incurs a net loss, diluted weighted-average shares outstanding are equal to basic weighted-average shares outstanding because the effect of all equity awards is anti-dilutive.