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Property, Plant, and Equipment, Net | 12 Months Ended
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Sep. 30, 2014
Property, Plant, and Equipment, Net |
Property, Plant and Equipment, Net | Note 9. Property, plant, and equipment
|  | September 30, |  | September 30,
|  | 2014 |  | 2013
Land and land improvements |  | $ | 66,303 |  | $ | 57,562
Buildings and improvements |  |  | 197,587 |  |  | 195,008
Leasehold improvements |  |  | 20,026 |  |  | 18,924
Machinery and production equipment |  |  | 326,403 |  |  | 305,692
Computer equipment and software |  |  | 103,852 |  |  | 97,538
Office furniture and equipment |  |  | 20,992 |  |  | 24,400
Other |  |  | 18,839 |  |  | 14,197
Construction in progress |  |  | 223,958 |  |  | 81,428
|  |  | 977,960 |  |  | 794,749
Less accumulated depreciation |  |  | (464,681) |  |  | (444,701)
Property, plant and equipment, net |  | $ | 513,279 |  | $ | 350,048
Included in “Land and land improvements” and “Buildings and improvements” at September 30, 2014 are held for sale assets of $2,465. During the quarter ended September 30, 2014, Woodward recorded an impairment charge of $3,138, which is included in cost of goods sold in the Consolidated Statement of Earnings, related to the write down to fair market value of certain held for sale assets. Woodward is developing a second campus in the greater-R ockford, Illinois area for its Aerospace segment in order to address the growth expected over the next ten years and beyond and to support a substantial number of recently awarded new system platforms, particularly on narr ow-body aircraft. Included in construction in progress are $85,283 at September 30, 2014 and $15,691 at September 30, 2013, of costs associated with the construction of the second campus and new equipment purchases, including capitalized interest of $2,963 at September 30, 2014 and $444 at September 30, 2013. Woodward is also developing a new campus at its corporate headquarters in Fort Collins, Colorado to support the continued growth of our E nergy segment by supplementing its existing Colorado manufacturing facilities and corporate headquarters. Included in construction in progress are $37,268 at September 30, 2014 and $10,514 at September 30, 2013, of costs associated with the construction of the new campus, including capitalized interest of $2,392 at September 30, 2014 and $394 at September 30, 2013. In addition, in September 2013, Woodward invested in a building site in Niles, Illinois. Woodward is building a new facility on this site for its Aerospace segment and will relocate some of its operations currently residing in nearby Skokie, Illinois to this new facility. Included in construction in progress are $55,629 at September 30, 2014 and $12,067 at September 30, 2013, of costs associated with the construction of the new facility, including capitalized interest of $1,688 at September 30, 2014 and $0 at September 30, 2013. For the fiscal years ended September 30, 2014, 2013 and 2012, Woodward had depreciation expense of the following:
|  | Year Ended September 30,
|  | 2014 |  | 2013 |  | 2012
Depreciation expense |  | $ | 43,773 |  | $ | 37,254 |  | $ | 35,808
For the fiscal years ended September 30, 2014, 2013 and 2012, Woodward capitalized interest that would have otherwise been included in interest expense of the following:
|  | Year Ended September 30,
|  | 2014 |  | 2013 |  | 2012
Capitalized interest |  | $ | 7,282 |  | $ | 1,215 |  | $ | 658

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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