XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Debt (Details) $ in Thousands |  | 6 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Apr. 26, 2016 USD ($) | Mar. 31, 2016 USD ($) LinesofCredit | Mar. 31, 2016 EUR (€) LinesofCredit | Sep. 30, 2015 USD ($) | Sep. 30, 2015 EUR (€) | Mar. 31, 2015
Line of Credit Facility [Line Items] |  |  |  |  |  |
Other current assets |  | $ 76,194 |  | $ 77,319 |  |
Domestic Revolving Credit Facility [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum amount of borrowings available |  | $ 900,000 |  |  |  |
Interest rate on borrowings |  | 1.75% | 1.75% |  |  |
Maximum available for issuance of trade and standby letters of credit |  | $ 30,000 |  |  |  |
Outstanding borrowings |  | $ 859,425 |  | 857,425 |  |
Weighted-average interest rate on outstanding borrowings |  | 2.52% | 2.52% |  |  | 2.50%
Domestic Revolving Credit Facility [Member] | Minimum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Annual commitment fee range on unused portion |  | 0.15% |  |  |  |
Domestic Revolving Credit Facility [Member] | Maximum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Annual commitment fee range on unused portion |  | 0.25% |  |  |  |
Domestic Revolving Credit Facility [Member] | LIBOR [Member] | Minimum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate on borrowings, based on leverage ratio |  | 0.75% |  |  |  |
Domestic Revolving Credit Facility [Member] | LIBOR [Member] | Maximum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate on borrowings, based on leverage ratio |  | 2.00% |  |  |  |
Credit Facility With European Bank [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum amount of borrowings available |  | $ 39,744 | € 35,000,000 |  |  |
Outstanding borrowings |  | $ 10,773 | € 9,500,000 | 26,829 | € 23,900,000 |
Weighted-average interest rate on outstanding borrowings |  | 1.75% | 1.75% |  |  | 1.74%
Lines of Credit with Italian Banks [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Outstanding borrowings |  | $ 5,511 | € 4,900,000 | 5,166 | 4,600,000 |
Letter of Credit [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Other current assets |  | $ 12,925 |  |  |  |
Revolving Credit Facility [Member] | Subsequent Event [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum amount of borrowings available | $ 1,150,000 |  |  |  |  |
Maturity date | Apr. 26, 2021 |  |  |  |  |
Revolving Credit Facility [Member] | Subsequent Event [Member] | Minimum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Annual commitment fee range on unused portion | 0.15% |  |  |  |  |
Revolving Credit Facility [Member] | Subsequent Event [Member] | Maximum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Annual commitment fee range on unused portion | 0.25% |  |  |  |  |
Revolving Credit Facility [Member] | LIBOR [Member] | Subsequent Event [Member] | Minimum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate on borrowings, based on leverage ratio | 0.75% |  |  |  |  |
Revolving Credit Facility [Member] | LIBOR [Member] | Subsequent Event [Member] | Maximum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate on borrowings, based on leverage ratio | 2.00% |  |  |  |  |
Term Loan [Member] | Subsequent Event [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum amount of borrowings available | $ 250,000 |  |  |  |  |
Long term debt outstanding principal payment in year 1 | 5.00% |  |  |  |  |
Long term debt outstanding principal payment in year 2 | 7.50% |  |  |  |  |
Long term debt outstanding principal payment in year 3 | 10.00% |  |  |  |  |
Long term debt outstanding principal payment in year 4 | 10.00% |  |  |  |  |
Long term debt outstanding principal payment in year 5 | 10.00% |  |  |  |  |
Maturity date | Apr. 26, 2021 |  |  |  |  |
Term Loan [Member] | LIBOR [Member] | Subsequent Event [Member] | Minimum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate on borrowings, based on leverage ratio | 0.75% |  |  |  |  |
Term Loan [Member] | LIBOR [Member] | Subsequent Event [Member] | Maximum [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Interest rate on borrowings, based on leverage ratio | 2.00% |  |  |  |  |
Matthews International S.p.A [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Weighted-average interest rate on outstanding borrowings |  | 3.47% | 3.47% |  |  | 3.18%
Matthews International S.p.A [Member] | Lines of Credit with Italian Banks [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Maximum amount of borrowings available |  | $ 12,866 | € 11,300,000 |  |  |
Outstanding borrowings |  | $ 4,953 | € 4,400,000 | 4,772 | 4,300,000 |
Number of lines of credit | LinesofCredit |  | 4 | 4 |  |  |
Saueressig [Member] | Credit Facility With European Bank [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Outstanding borrowings |  | $ 740 | € 651,780 | 824 | 734,452 |
Weighted-average interest rate on outstanding borrowings |  | 4.16% | 4.16% |  |  | 4.05%
Wetzel GmbH [Member] | Credit Facility With European Bank [Member] |  |  |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |  |  |
Outstanding borrowings |  | $ 1,329 | € 1,200,000 | $ 2,110 | € 1,900,000 |
Weighted-average interest rate on outstanding borrowings |  | 6.11% | 6.11% |  |  | 5.84%

X
- Definition The number of lines of credit available. + References No definition available. + Details
Name: | matw_NumberOfLinesOfCredit
Namespace Prefix: | matw_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Refers to the percentage of principal amount outstanding for long term debt in year five. + References No definition available. + Details
Name: | matw_PercentageOfLongTermDebtPrincipalPaymentOutstandingInYearFive
Namespace Prefix: | matw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Refers to the percentage of principal amount outstanding for long term debt in year four. + References No definition available. + Details
Name: | matw_PercentageOfLongTermDebtPrincipalPaymentOutstandingInYearFour
Namespace Prefix: | matw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Refers to the percentage of principal amount outstanding for long term debt in year one. + References No definition available. + Details
Name: | matw_PercentageOfLongTermDebtPrincipalPaymentOutstandingInYearOne
Namespace Prefix: | matw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Refers to the percentage of principal amount outstanding for long term debt in year three. + References No definition available. + Details
Name: | matw_PercentageOfLongTermDebtPrincipalPaymentOutstandingInYearThree
Namespace Prefix: | matw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Refers to the percentage of principal amount outstanding for long term debt in year two. + References No definition available. + Details
Name: | matw_PercentageOfLongTermDebtPrincipalPaymentOutstandingInYearTwo
Namespace Prefix: | matw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentMaturityDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The maximum amount of borrowing capacity under a line of credit that is available as of the balance sheet date for a specific purpose other than for financing goods acquired for inventory or imminent delivery to a customer. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCapacityAvailableForSpecificPurposeOtherThanForTradePurchases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The effective interest rate at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The effective interest rate during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.8) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_OtherAssetsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=matw_CreditFacilityWithEuropeanBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=matw_LinesOfCreditWithItalianBanksMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=us-gaap_LetterOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=matw_SeniorSecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=matw_MatthewsInternationalSpaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_SubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=matw_Subsidiaries1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |