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Goodwill | 9 Months Ended
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Jun. 30, 2018
Goodwill Disclosure |
Goodwill | ﻿ Note 12. Goodwill ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | September 30, 2017 |  | Additions |  | Effects of Foreign Currency Translation |  | June 30, 2018
﻿Aerospace |  | $ | 455,423 |  | $ | - |  | $ | - |  | $ | 455,423
﻿Industrial |  |  | 101,122 |  |  | 269,433 |  |  | 948 |  |  | 371,503
﻿Consolidated |  | $ | 556,545 |  | $ | 269,433 |  | $ | 948 |  | $ | 826,926
On June 1, 2018, Woodward completed the acquisition of L’Orange (see Note 4, Business acquisition), which resulted in the recognition of $269,433 in goodwill in the Company’s Industrial segment. Woodward tests goodwill for impairment during the fourth quarter of each fiscal year, or at any time there is an indication goodwill is more-likely-than-not impaired, commonly referred to as triggering events. There have been no such triggering events during any of the periods presented and Woodward’s fourth quarter of fiscal year 2017 impairment test resulted in no impairment.

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- Definition The entire disclosure for goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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- Definition Goodwill [Abstract] + References No definition available. + Details
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