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Revenue (Tables) | 12 Months Ended
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Sep. 30, 2020
Revenue From Contract With Customer [Abstract] |
Schedule of Revenue Recognition Time | The amount of revenue recognized as point in time or over time follows:
|  | For the Year Ended September 30, 2020 |  |  | For the Year Ended September 30, 2019 |
|  | Aerospace |  |  | Industrial |  |  | Consolidated |  |  | Aerospace |  |  | Industrial |  |  | Consolidated |
Point in time |  | $ | 590,817 |  |  | $ | 592,157 |  |  | $ | 1,182,974 |  |  | $ | 762,042 |  |  | $ | 634,219 |  |  | $ | 1,396,261 |
Over time |  |  | 1,000,146 |  |  |  | 312,545 |  |  |  | 1,312,691 |  |  |  | 1,118,478 |  |  |  | 385,458 |  |  |  | 1,503,936 |
Total net sales |  | $ | 1,590,963 |  |  | $ | 904,702 |  |  | $ | 2,495,665 |  |  | $ | 1,880,520 |  |  | $ | 1,019,677 |  |  | $ | 2,900,197 |
Schedule of Accounts Receivable | Accounts receivable consisted of the following:
|  | September 30, 2020 |  |  | September 30, 2019 |
Billed receivables |  |  |  |  |  |  |  |
Trade accounts receivable |  | $ | 307,914 |  |  | $ | 381,942 |
Other (Chinese financial institutions) |  |  | 56,640 |  |  |  | 42,171 |
Less: Allowance for uncollectible amounts |  |  | (6,889 | ) |  |  | (7,908 | )
Net billed receivables |  |  | 357,665 |  |  |  | 416,205 |
Current unbilled receivables (contract assets), net |  |  | 180,322 |  |  |  | 175,324 |
Total accounts receivable, net |  | $ | 537,987 |  |  | $ | 591,529 |
Schedule of Contract Liability | Contract liabilities consisted of the following:
|  | September 30, 2020 |  |  | September 30, 2019 |
|  | Current |  |  | Noncurrent |  |  | Current |  |  | Noncurrent |
Deferred revenue from material rights from GE joint venture formation |  | $ | 4,066 |  |  | $ | 234,240 |  |  | $ | 8,317 |  |  | $ | 230,588 |
Deferred revenue from advanced invoicing and/or prepayments from customers |  |  | 3,239 |  |  |  | 85 |  |  |  | 4,554 |  |  |  | 141 |
Liability related to customer supplied inventory |  |  | 14,955 |  |  |  | — |  |  |  | 13,396 |  |  |  | — |
Deferred revenue from material rights related to engineering and development funding |  |  | 2,360 |  |  |  | 132,317 |  |  |  | 1,624 |  |  |  | 106,436 |
Net contract liabilities |  | $ | 24,620 |  |  | $ | 366,642 |  |  | $ | 27,891 |  |  | $ | 337,165 |
Schedule of Disaggregation of Revenue | Revenue by primary market for the Aerospace reportable segment was as follows:
|  | Year Ended September 30, |
|  | 2020 |  |  | 2019 |
Commercial OEM |  |  | 434,306 |  |  |  | 659,336 |
Commercial aftermarket |  |  | 399,843 |  |  |  | 497,795 |
Defense OEM |  |  | 526,264 |  |  |  | 529,940 |
Defense aftermarket |  |  | 230,550 |  |  |  | 193,449 |
Total Aerospace segment net sales |  | $ | 1,590,963 |  |  | $ | 1,880,520 |
Revenue by primary market for the Industrial reportable segment was as follows:
|  | Year Ended September 30, |
|  | 2020 |  |  | 2019 |
Reciprocating engines |  | $ | 632,555 |  |  | $ | 751,136 |
Industrial turbines |  |  | 222,366 |  |  |  | 210,064 |
Renewables1 |  |  | 49,781 |  |  |  | 58,477 |
Total Industrial segment net sales |  | $ | 904,702 |  |  | $ | 1,019,677 |
The customers who account for approximately 10% or more of net sales of each of Woodward’s reportable segments for the fiscal year ended September 30, 2020 are as follows:
|  | Customer
Aerospace |  | The Boeing Company, General Electric Company, Raytheon Technologies
Industrial |  | Rolls-Royce PLC, Weichai Westport, General Electric Company
Net sales by geographic area, as determined based on the location of the customer, were as follows:
|  | Year Ended September 30, 2020 |  |  | Year Ended September 30, 2019 |
|  | Aerospace |  |  | Industrial |  |  | Consolidated |  |  | Aerospace |  |  | Industrial |  |  | Consolidated |
United States |  | $ | 1,231,004 |  |  | $ | 195,450 |  |  | $ | 1,426,454 |  |  | $ | 1,415,880 |  |  | $ | 212,184 |  |  | $ | 1,628,064 |
Germany |  |  | 52,635 |  |  |  | 181,330 |  |  |  | 233,965 |  |  |  | 72,907 |  |  |  | 229,177 |  |  |  | 302,084 |
Europe, excluding Germany |  |  | 122,938 |  |  |  | 214,033 |  |  |  | 336,971 |  |  |  | 178,905 |  |  |  | 252,511 |  |  |  | 431,416 |
China |  |  | 38,359 |  |  |  | 171,526 |  |  |  | 209,885 |  |  |  | 47,492 |  |  |  | 167,337 |  |  |  | 214,829 |
Asia, excluding China |  |  | 27,068 |  |  |  | 113,001 |  |  |  | 140,069 |  |  |  | 37,991 |  |  |  | 126,497 |  |  |  | 164,488 |
Other countries |  |  | 118,959 |  |  |  | 29,362 |  |  |  | 148,321 |  |  |  | 127,345 |  |  |  | 31,971 |  |  |  | 159,316 |
Total net sales |  | $ | 1,590,963 |  |  | $ | 904,702 |  |  | $ | 2,495,665 |  |  | $ | 1,880,520 |  |  | $ | 1,019,677 |  |  | $ | 2,900,197 |

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