ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

12 Months Ended

Sep. 30, 2021

Equity [Abstract]

Change in AOCI by Component, Net of Tax

The changes in AOCI by component, net of tax, for the years ended September 30, 2021, 2020, and 2019 were as follows:

	Postretirement Benefit Plans			Currency Translation Adjustment		Derivatives			Total
Attributable to Matthews:
Balance, September 30, 2018	$	(37,876)		$	(134,960)	$	8,538		$	(164,298)
OCI before reclassification	(36,784)			(21,254)		(6,540)			(64,578)
Amounts reclassified from AOCI	2,917		(a)	—		(2,402)		(b)	515
Net current-period OCI	(33,867)			(21,254)		(8,942)			(64,063)
Balance, September 30, 2019	$	(71,743)		$	(156,214)	$	(404)		$	(228,361)
OCI before reclassification	(18,094)			4,333		(6,130)			(19,891)
Amounts reclassified from AOCI	6,883		(a)	—		650		(b)	7,533
Net current-period OCI	(11,211)			4,333		(5,480)			(12,358)
Balance, September 30, 2020	$	(82,954)		$	(151,881)	$	(5,884)		$	(240,719)
OCI before reclassification	39,822			(3,370)		1,873			38,325
Amounts reclassified from AOCI	7,202		(a)	—		2,453		(b)	9,655
Net current-period OCI	47,024			(3,370)		4,326			47,980
Balance, September 30, 2021	$	(35,930)		$	(155,251)	$	(1,558)		$	(192,739)
Attributable to noncontrolling interest:
Balance, September 30, 2018	$	—		$	467	$	—		$	467
OCI before reclassification	—			(92)		—			(92)
Net current-period OCI	—			(92)		—			(92)
Balance, September 30, 2019	—			375		—			375
OCI before reclassification	—			(7)		—			(7)
Net current-period OCI	—			(7)		—			(7)
Balance, September 30, 2020	—			368		—			368
OCI before reclassification	—			(127)		—			(127)
Net current-period OCI	—			(127)		—			(127)
Balance, September 30, 2021	$	—		$	241	$	—		$	241

(a)Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 14).

(b)Amounts were included in interest expense in the periods the hedged item affected earnings (see Note 9).

Accumulated other comprehensive loss at September 30, 2021 and 2020 consisted of the following:

	2021		2020
Cumulative foreign currency translation	$	(155,251)	$	(151,881)
Fair value of derivatives, net of tax of $504 and $1,908, respectively	(1,558)		(5,884)
Minimum pension liabilities, net of tax of $11,638 and $26,988, respectively	(35,930)		(82,954)
	$	(192,739)	$	(240,719)

Reclassifications out of AOCI

Reclassifications out of AOCI for the years ended September 30, 2021, 2020 and 2019 were as follows:

Details about AOCI Components	September 30, 2021		September 30, 2020		September 30, 2019		Affected line item in the Statement of Income
Postretirement benefit plans
Prior service (cost) credit (a)	$	491	$	650	$	381
Actuarial losses	(9,769)		(9,767)		(4,245)		Other income (deductions), net
Prior service cost write-off	(261)		—		—		Other income (deductions), net
	(9,539)		(9,117)		(3,864)		Income before income tax (b)
	2,337		2,234		947		Income taxes
	$	(7,202)	$	(6,883)	$	(2,917)	Net income
Derivatives
Interest rate swap contracts	$	(3,249)	$	(861)	$	3,181	Interest expense
	(3,249)		(861)		3,181		Income before income tax (b)
	796		211		(779)		Income taxes
	$	(2,453)	$	(650)	$	2,402	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.  For additional information, see Note 14.

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