XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Accrued Liabilities | 3 Months Ended
--- | ---
Dec. 31, 2015
Accrued Liabilities |
Accrued Liabilities | Note 13. Accrued liabilities
| December 31, |  | September 30,
| 2015 |  | 2015
Salaries and other member benefits | $ | 47,868 |  | $ | 90,472
Warranties |  | 13,370 |  |  | 13,741
Interest payable |  | 6,100 |  |  | 12,526
Current portion of acquired performance obligations and unfavorable contracts (1) |  | 5,891 |  |  | 6,651
Accrued retirement benefits |  | 2,481 |  |  | 2,481
Current portion of loss reserve on contractual lease commitments |  | 1,840 |  |  | -
Deferred revenues |  | 9,025 |  |  | 10,004
Taxes, other than income |  | 8,637 |  |  | 8,723
Other |  | 12,727 |  |  | 11,338
| $ | 107,939 |  | $ | 155,936
| (1) |  | In connection with Woodward’s acquisition of GE Aviation Systems LLC’s (the “Seller”) thrust reverser actuation systems business located in Duarte, California (the “Duarte Acquisition”) in fiscal year 2013, Woodward assumed current and long-term performance obligations for contractual commitments that are expected to result in future economic losses. In addition, Woodward assumed current and long-term performance obligations for services to be provided to the Seller and others, partially offset by current and long-term assets related to contractual payments due from the Seller. The current portion of both obligations is included in Accrued liabilities.
Warranties Provisions of Woodward’s sales agreements include product warranties customary to these types of agreements. Accruals are established for specifically identified warranty issues that are probable to result in future costs. Warranty costs are accrued on a non-specific basis whenever past experience indicates a normal and predictable pattern exists. Changes in accrued product warranties were as follows:
| Three-Months Ended December 31,
|  | 2015 |  |  | 2014
Warranties, beginning of period | $ | 13,741 |  | $ | 16,916
Expense |  | 3,236 |  |  | 2,283
Reductions for settling warranties |  | (3,469) |  |  | (2,959)
Foreign currency exchange rate changes |  | (138) |  |  | (364)
Warranties, end of period | $ | 13,370 |  | $ | 15,876
Loss reserve on contractual lease commitments In connection with the construction of a new production facility in Niles, Illinois, Woodward vacated a leased facility in Skokie, Illinois. During the first quarter of fiscal year 2016 Woodward fully vacated the Skokie facility and therefore recorded a non-cash charge of $8,165 to recognize a loss reserve against the estimated remaining contractual lease commitments, less anticipated sublease income. The summary for the activity in the loss reserve during the three-months ended December 31, 2015 is as follows:
| Three-Months Ended
| December 31, 2015
Loss reserve on contractual lease commitments, beginning of period | $ | 2,464
Additions |  | 8,165
Loss reserve on contractual lease commitments, end of period | $ | 10,629
Other liabilities included $8,789 of accrued loss reserve on contractual lease commitments that are not expected to be settled or paid within twelve months of December 31, 2015.

X
- Definition The entire disclosure for accounts payable and accrued liabilities 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(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccruedLiabilitiesCurrentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration