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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Sep. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
Effects of the Adjustments to the Previously Reported Consolidated Statements Reconciliation | The table below reconciles the effects of the adjustments to the previously reported Consolidated Balance Sheets at September 30, 2014 and September 30, 2013 (including related tax effect):
|  | September 30, 2014 |  |  | September 30, 2013 |
|  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |  |  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |
Consolidated Balance Sheet |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 75,604 |  |  | $ | (12,601 | ) |  | $ | 63,003 |  |  | $ | 58,959 |  |  | $ | (10,881 | ) |  | $ | 48,078 |
Deferred income taxes |  |  | 13,283 |  |  |  | 4,914 |  |  |  | 18,197 |  |  |  | 9,826 |  |  |  | 4,243 |  |  |  | 14,069 |
Total current assets |  |  | 573,915 |  |  |  | (7,687 | ) |  |  | 566,228 |  |  |  | 406,955 |  |  |  | (6,638 | ) |  |  | 400,317 |
Total assets |  |  | 2,031,735 |  |  |  | (7,687 | ) |  |  | 2,024,048 |  |  |  | 1,215,900 |  |  |  | (6,638 | ) |  |  | 1,209,262 |
Retained earnings |  |  | 806,040 |  |  |  | (7,687 | ) |  |  | 798,353 |  |  |  | 775,762 |  |  |  | (6,638 | ) |  |  | 769,124 |
Total shareholders' equity-Matthews |  |  | 778,832 |  |  |  | (7,687 | ) |  |  | 771,145 |  |  |  | 549,465 |  |  |  | (6,638 | ) |  |  | 542,827 |
Total shareholders' equity |  |  | 782,893 |  |  |  | (7,687 | ) |  |  | 775,206 |  |  |  | 552,930 |  |  |  | (6,638 | ) |  |  | 546,292 |
Total liabilities and shareholders' equity |  |  | 2,031,735 |  |  |  | (7,687 | ) |  |  | 2,024,048 |  |  |  | 1,215,900 |  |  |  | (6,638 | ) |  |  | 1,209,262 |
The following tables reconcile the effects of the adjustments to the previously reported Consolidated Statements of Income for the fiscal years ended September 30, 2014, September 30, 2013 and September 30, 2012:
| September 30, 2014
|  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |
Consolidated Statements of Income |  |  |  |  |  |  |  |  |
Other income (deductions), net |  | $ | (3,161 | )* |  | $ | (1,720 | ) |  | $ | (4,881 | )
Income before income taxes |  |  | 67,796 |  |  |  | (1,720 | ) |  |  | 66,076 |
Income taxes |  |  | (23,476 | ) |  |  | 671 |  |  |  | (22,805 | )
Net income |  |  | 44,320 |  |  |  | (1,049 | ) |  |  | 43,271 |
Net income attributable to Matthews shareholders |  |  | 43,674 |  |  |  | (1,049 | ) |  |  | 42,625 |
Comprehensive income |  |  | 4,558 |  |  |  | (1,049 | ) |  |  | 3,509 |
Earnings per share attributable to Matthews shareholders: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 1.54 |  |  |  | (0.03 | ) |  |  | 1.51 |
Diluted |  |  | 1.53 |  |  |  | (0.04 | ) |  |  | 1.49 |
|  | September 30, 2013
|  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |
Consolidated Statements of Income |  |  |  |  |  |  |  |  |
Other income (deductions), net |  | $ | (2,538 | )* |  | $ | (1,257 | ) |  | $ | (3,795 | )
Income before income taxes |  |  | 81,436 |  |  |  | (1,257 | ) |  |  | 80,179 |
Income taxes |  |  | (26,664 | ) |  |  | 490 |  |  |  | (26,174 | )
Net income |  |  | 54,772 |  |  |  | (767 | ) |  |  | 54,005 |
Net income attributable to Matthews shareholders |  |  | 54,888 |  |  |  | (767 | ) |  |  | 54,121 |
Comprehensive income |  |  | 92,997 |  |  |  | (767 | ) |  |  | 92,230 |
Earnings per share attributable to Matthews shareholders: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 1.99 |  |  |  | (0.03 | ) |  |  | 1.96 |
Diluted |  |  | 1.98 |  |  |  | (0.03 | ) |  |  | 1.95 |
| September 30, 2012 |
|  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |
Consolidated Statements of Income |  |  |  |  |  |  |  |  |
Other income (deductions), net |  | $ | (1,079 | )* |  | $ | (929 | ) |  | $ | (2,008 | )
Income before income taxes |  |  | 83,921 |  |  |  | (929 | ) |  |  | 82,992 |
Income taxes |  |  | (28,717 | ) |  |  | 362 |  |  |  | (28,355 | )
Net income |  |  | 55,204 |  |  |  | (567 | ) |  |  | 54,637 |
Net income attributable to Matthews shareholders |  |  | 55,843 |  |  |  | (567 | ) |  |  | 55,276 |
Comprehensive income |  |  | 48,750 |  |  |  | (567 | ) |  |  | 48,183 |
Earnings per share attributable to Matthews shareholders: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 1.98 |  |  |  | (0.02 | ) |  |  | 1.96 |
Diluted |  |  | 1.98 |  |  |  | (0.03 | ) |  |  | 1.95 |
(*) | Certain other reclassification adjustments are also reflected in the previously reported amounts to conform to the current presentation. These reclassification adjustments are not material to the prior years presentation
The following tables reconcile the effect of the adjustments to the previously reported Consolidated Statements of Cash Flows for the fiscal years ended September 30, 2014, September 30, 2013 and September 30, 2012:
|  | September 30, 2014 |
|  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |
Consolidated Statements of Cash Flows |  |  |  |  |  |  |  |  |
Net income |  | $ | 44,320 |  |  | $ | (1,049 | ) |  | $ | 43,271 |
Increase in deferred taxes |  |  | 5,893 |  |  |  | (671 | ) |  |  | 5,222 |
Net cash provided by operating activities |  |  | 92,399 |  |  |  | (1,720 | ) |  |  | 90,679 |
Net change in cash and cash equivalents |  |  | 16,645 |  |  |  | (1,720 | ) |  |  | 14,925 |
Cash and cash equivalents at beginning of year |  |  | 58,959 |  |  |  | (10,881 | ) |  |  | 48,078 |
Cash and cash equivalents at end of year |  |  | 75,604 |  |  |  | (12,601 | ) |  |  | 63,003 |
|  | September 30, 2013 |
|  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |
Consolidated Statements of Cash Flows |  |  |  |  |  |  |  |  |
Net income |  | $ | 54,772 |  |  | $ | (767 | ) |  | $ | 54,005 |
Increase in deferred taxes |  |  | 3,812 |  |  |  | (490 | ) |  |  | 3,322 |
Net cash provided by operating activities |  |  | 109,326 |  |  |  | (1,257 | ) |  |  | 108,069 |
Net change in cash and cash equivalents |  |  | 700 |  |  |  | (1,257 | ) |  |  | (557 | )
Cash and cash equivalents at beginning of year |  |  | 58,259 |  |  |  | (9,624 | ) |  |  | 48,635 |
Cash and cash equivalents at end of year |  |  | 58,959 |  |  |  | (10,881 | ) |  |  | 48,078 |
|  | September 30, 2012 |
|  | Previously Reported |  |  | Adjustment |  |  | As Adjusted |
Consolidated Statements of Cash Flows |  |  |  |  |  |  |  |  |
Net income |  | $ | 55,204 |  |  | $ | (567 | ) |  | $ | 54,637 |
Increase in deferred taxes |  |  | 6,050 |  |  |  | (362 | ) |  |  | 5,688 |
Net cash provided by operating activities |  |  | 83,326 |  |  |  | (929 | ) |  |  | 82,397 |
Net change in cash and cash equivalents |  |  | (3,403 | ) |  |  | (929 | ) |  |  | (4,332 | )
Cash and cash equivalents at beginning of year |  |  | 61,662 |  |  |  | (8,695 | ) |  |  | 52,967 |
Cash and cash equivalents at end of year |  |  | 58,259 |  |  |  | (9,624 | ) |  |  | 48,635 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22663-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22658-107794 + Details
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