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v3.7.0.1

Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Mar. 31, 2016
Consolidated Statements of Earnings |  |  |  |
Net sales | $ 500,381 | $ 479,382 | $ 943,275 | $ 924,492
Costs and expenses: |  |  |  |
Cost of goods sold | 365,156 | 346,139 | 692,350 | 679,516
Selling, general and administrative expenses | 43,172 | 36,823 | 76,968 | 77,605
Research and development costs | 30,385 | 31,762 | 56,925 | 63,359
Amortization of intangible assets | 6,431 | 6,926 | 12,889 | 13,872
Interest expense | 6,790 | 6,234 | 13,630 | 13,142
Interest income | (474) | (441) | (879) | (888)
Other (income) expense, net (Note 16) | (1,315) | (2,427) | (5,903) | (4,436)
Total costs and expenses | 450,145 | 425,016 | 845,980 | 842,170
Earnings before income taxes | 50,236 | 54,366 | 97,295 | 82,322
Income tax expense | 12,131 | 13,542 | 12,642 | 15,678
Net earnings | $ 38,105 | $ 40,824 | $ 84,653 | $ 66,644
Earnings per share (Note 3): |  |  |  |
Basic earnings per share | $ 0.62 | $ 0.66 | $ 1.38 | $ 1.07
Diluted earnings per share | $ 0.60 | $ 0.65 | $ 1.33 | $ 1.05
Weighted Average Common Shares Outstanding (Note 3): |  |  |  |
Basic | 61,310 | 61,639 | 61,436 | 62,351
Diluted | 63,499 | 63,064 | 63,593 | 63,768
Cash dividends per share paid to Woodward common stockholders | $ 0.125 | $ 0.110 | $ 0.235 | $ 0.210

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