Earnings Per Share Attributable to Matthews' Shareholders

3 Months Ended

Dec. 31, 2022

Earnings Per Share Attributable to Matthews' Shareholders

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


	Three Months Ended December 31,
		2022		2021
Net income (loss) attributable to Matthews shareholders		$	3,703	$	(19,803)


Weighted-average shares outstanding (in thousands):
Basic shares		30,712		31,719
Effect of dilutive securities		241		—
Diluted shares		30,953		31,719

Dividends declared per common share		$	0.23	$	0.22

Anti-dilutive securities excluded from the dilution calculation were insignificant for the three months ended December 31, 2022. 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.