XML 123 R35.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Leases (Tables) | 3 Months Ended
--- | ---
Dec. 31, 2019
Leases [Abstract] |
Lease-Related Assets and Liabilities |
|  | Classification on the Condensed Consolidated Balance Sheets |  | December 31, 2019 |
Assets: |  |  |  |  |  |
Operating lease assets |  | Other assets |  | $ | 20,293 |
Finance lease assets |  | Property, plant and equipment, net |  |  | 1,519 |
Total lease assets |  |  |  |  | 21,812 |
Current liabilities: |  |  |  |  |  |
Operating lease liabilities |  | Accrued liabilities |  |  | 4,804 |
Finance lease liabilities |  | Current portion of long-term debt |  |  | 1,598 |
Noncurrent liabilities: |  |  |  |  |  |
Operating lease liabilities |  | Other liabilities |  |  | 16,305 |
Finance lease liabilities |  | Long-term debt, less current portion |  |  | 2,339 |
Total lease liabilities |  |  |  | $ | 25,046 |
Supplemental Lease-Related Information |
|  | December 31, 2019
Weighted average remaining lease term |  |  |  |
Operating leases |  |  | 6.1 | years
Finance leases |  |  | 2.6 | years
Weighted average discount rate |  |  |  |
Operating leases |  |  | 3.3 | %
Finance leases |  |  | 3.0 | %
Lease-Related Expenses |
|  | Three-Months Ended December 31, 2019
Operating lease expense |  | $ | 1,519
Amortization of finance lease assets |  |  | 147
Interest on finance lease liabilities |  |  | 20
Variable lease expense |  |  | 307
Short-term lease expense |  |  | 175
Sublease income (1) |  |  | (125)
Total lease expense |  | $ | 2,043
(1)Relates to two separate subleases Woodward has entered into for a leased manufacturing building in Niles, Illinois.
Lease-Related Supplemental Cash Flow Information |
|  | Three-Months Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows for operating leases |  | $ | 1,254
Operating cash flows for finance leases |  |  | 20
Financing cash flows for finance leases |  |  | 439
Right-of-use assets obtained in exchange for recorded lease obligations: |  |  |
Operating leases |  |  | 3,540
Finance leases |  |  | 1,211
Maturities of Lease Liabilities |
Year Ending September 30: |  | Operating Leases |  | Finance Leases
2020 (remaining) |  |  | 4,159 |  |  | 1,264
2021 |  |  | 4,531 |  |  | 1,678
2022 |  |  | 3,552 |  |  | 734
2023 |  |  | 2,840 |  |  | 321
2024 |  |  | 2,171 |  |  | 81
Thereafter |  |  | 6,127 |  |  | -
Total lease payments |  |  | 23,380 |  |  | 4,078
Less: imputed interest |  |  | (2,271) |  |  | (141)
Total lease obligations |  | $ | 21,109 |  | $ | 3,937
Future Minimum Lease Payments |
Year Ending September 30: |  | Operating Leases |  | Finance Leases
2020 (full twelve months) |  | $ | 6,667 |  | $ | 213
2021 |  |  | 5,119 |  |  | 98
2022 |  |  | 3,823 |  |  | 33
2023 |  |  | 2,899 |  |  | 3
2024 |  |  | 2,378 |  |  | -
Thereafter |  |  | 6,033 |  |  | -
Total minimum lease payments under ASC 840 |  | $ | 26,919 |  | $ | 347
Property, Plant and Equipment Leased to Others through Embedded Leasing Arrangements |
|  | December 31, 2019
Property, plant and equipment leased to others through embedded leasing arrangements |  | $ | 38,612
Less accumulated depreciation |  |  | (21,618)
Property, plant and equipment leased to others through embedded leasing arrangements, net |  | $ | 16,994

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Lease Related Assets and Liabilities [Table Text Block] + References No definition available. + Details
Name: | wwd_LeaseRelatedAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | wwd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lease Related Supplemental Cash Flow [Table Text Block] + References No definition available. + Details
Name: | wwd_LeaseRelatedSupplementalCashFlowTableTextBlock
Namespace Prefix: | wwd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lease, Supplemental Lease Related Information [Table Text Block] + References No definition available. + Details
Name: | wwd_LeaseSupplementalLeaseRelatedInformationTableTextBlock
Namespace Prefix: | wwd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lessee, Operating And Finance Lease, Liability, Maturity [Table Text Block] + References No definition available. + Details
Name: | wwd_LesseeOperatingAndFinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | wwd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Carrying Amount Of Embedded Leasing Arrangements To Others [Table Text Block] + References No definition available. + Details
Name: | wwd_ScheduleOfCarryingAmountOfEmbeddedLeasingArrangementsToOthersTableTextBlock
Namespace Prefix: | wwd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum capital lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. And future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References No definition available. + Details
Name: | wwd_ScheduleOfFutureMinimumLeasePaymentsForCapitalAndOperatingLeasesTableTextBlock
Namespace Prefix: | wwd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration