XML 47 R36.htm IDEA: XBRL DOCUMENT v3.19.2

Business Acquisition (Tables)

9 Months Ended

Jun. 30, 2019

Business Acquisition [Line Items]

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Year Ending September 30:
2019 (remaining)				$	10,689
2020					39,917
2021					40,903
2022					38,700
2023					37,642
Thereafter					407,697
				$	575,548

Business Acquisition, Acquiree - L'Orange [Member]

Business Acquisition [Line Items]

Schedule of the Purchase Price

Cash paid to Sellers	$	780,401
Less acquired cash and restricted cash		(9,286)
Total purchase price	$	771,115

Schedule of Assets Acquired and Liabililties Assumed

Accounts receivable	$	26,538
Inventories (1)		72,392
Other current assets		1,385
Property, plant, and equipment		89,772
Goodwill		257,447
Intangible assets		573,427
Total assets acquired		1,020,961
Other current liabilities		41,997
Deferred income tax liabilities		166,927
Other noncurrent liabilities		40,922
Total liabilities assumed		249,846
Net assets acquired	$	771,115

(1)Inventories include a $16,324 adjustment to state work in progress and finished goods inventories at their fair value as of the acquisition date. The entire inventory fair value adjustment was recognized as a noncash increase to cost of goods sold ratably over the estimated inventory turnover period during the fiscal year ended September 30, 2018.

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired

	Estimated Amounts			Weighted-Average Useful Life			Amortization Method
Intangible assets with finite lives:
Customer relationships and contracts	$	388,705		22	years		Straight-line
Process technology		74,260		22	years		Straight-line
Backlog		42,932		1	year		Accelerated
Other		232		3	years		Straight-line
Intangible asset with indefinite life:
Trade name		67,298		Indefinite			Not amortized
Total	$	573,427

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Year Ending September 30:
2019 (remaining)	$	4,879
2020		19,491
2021		22,429
2022		22,378
2023		22,378
Thereafter		354,496
	$	446,051

Schedule of Unaudited Pro Forma Results

	Three-Months Ended						Three-Months Ended
	June 30, 2019						June 30, 2018
	As reported			Pro forma			As reported			Pro forma
Net sales	$	752,005		$	752,005		$	588,117		$	639,665
Net earnings		66,107			66,092			49,117			66,372
Earnings per share:
Basic earnings per share	$	1.07		$	1.07		$	0.80		$	1.08
Diluted earnings per share		1.02			1.02			0.77			1.04

	Nine-Months Ended						Nine-Months Ended
	June 30, 2019						June 30, 2018
	As reported			Pro forma			As reported			Pro forma
Net sales	$	2,163,660		$	2,163,660		$	1,606,514		$	1,830,515
Net earnings		192,806			201,363			105,866			134,976
Earnings per share:
Basic earnings per share	$	3.11		$	3.25		$	1.72		$	2.20
Diluted earnings per share		2.99			3.12			1.66			2.12

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_BusinessAcquisitionLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination.

+ References

No definition available.

+ Details

Name:	us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the composition of the acquisition purchase price

+ References

No definition available.

+ Details

Name:	wwd_ScheduleOfPurchasePriceTableTextBlock
Namespace Prefix:	wwd_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=wwd_BusinessAcquisitionAcquireeLOrangeMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: