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Revenue (Tables) | 9 Months Ended
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Jun. 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:
|  | Three-Months Ended June 30, 2020 |  |  | Three-Months Ended June 30, 2019 |
|  | Aerospace |  |  | Industrial |  |  | Consolidated |  |  | Aerospace |  |  | Industrial |  |  | Consolidated |
Point in time |  | $ | 98,228 |  |  | $ | 138,504 |  |  | $ | 236,732 |  |  | $ | 191,516 |  |  | $ | 147,194 |  |  | $ | 338,710 |
Over time |  |  | 208,266 |  |  |  | 78,828 |  |  |  | 287,094 |  |  |  | 307,259 |  |  |  | 106,036 |  |  |  | 413,295 |
Total net sales |  | $ | 306,494 |  |  | $ | 217,332 |  |  | $ | 523,826 |  |  | $ | 498,775 |  |  | $ | 253,230 |  |  | $ | 752,005 |
|  | Nine-Months Ended June 30, 2020 |  |  | Nine-Months Ended June 30, 2019 |
|  | Aerospace |  |  | Industrial |  |  | Consolidated |  |  | Aerospace |  |  | Industrial |  |  | Consolidated |
Point in time |  | $ | 464,068 |  |  | $ | 463,498 |  |  | $ | 927,566 |  |  | $ | 563,713 |  |  | $ | 482,979 |  |  | $ | 1,046,692 |
Over time |  |  | 790,587 |  |  |  | 246,248 |  |  |  | 1,036,835 |  |  |  | 810,903 |  |  |  | 306,065 |  |  |  | 1,116,968 |
Total net sales |  | $ | 1,254,655 |  |  | $ | 709,746 |  |  | $ | 1,964,401 |  |  | $ | 1,374,616 |  |  | $ | 789,044 |  |  | $ | 2,163,660 |
Schedule of Accounts Receivable | Accounts receivable consisted of the following:
|  | June 30, 2020 |  |  | September 30, 2019 |
Billed receivables |  |  |  |  |  |  |  |
Trade accounts receivable |  | $ | 294,113 |  |  | $ | 381,942 |
Other (Chinese financial institutions) |  |  | 47,863 |  |  |  | 42,171 |
Less: Allowance for uncollectible amounts |  |  | (7,180 | ) |  |  | (7,908 | )
Net billed receivables |  |  | 334,796 |  |  |  | 416,205 |
Current unbilled receivables (contract assets), net |  |  | 202,719 |  |  |  | 175,324 |
Total accounts receivable, net |  | $ | 537,515 |  |  | $ | 591,529 |
Schedule of Contract Liability | Contract liabilities consisted of the following:
|  | June 30, 2020 |  |  | September 30, 2019 |
|  | Current |  |  | Noncurrent |  |  | Current |  |  | Noncurrent |
Deferred revenue from material rights from GE joint venture formation |  | $ | 3,866 |  |  | $ | 235,602 |  |  | $ | 8,317 |  |  | $ | 230,588 |
Deferred revenue from advanced invoicing and/or prepayments from customers |  |  | 6,869 |  |  |  | 106 |  |  |  | 4,554 |  |  |  | 141 |
Liability related to customer supplied inventory |  |  | 17,799 |  |  |  | — |  |  |  | 13,396 |  |  |  | — |
Deferred revenue from material rights related to engineering and development funding |  |  | 1,688 |  |  |  | 120,467 |  |  |  | 1,624 |  |  |  | 106,436 |
Net contract liabilities |  | $ | 30,222 |  |  | $ | 356,175 |  |  | $ | 27,891 |  |  | $ | 337,165 |
Schedule of Disaggregation of Revenue | Revenue by primary market for the Aerospace reportable segment was as follows:
|  | Three-Months Ended June 30, |  |  | Nine-Months Ended June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Commercial OEM |  | $ | 63,804 |  |  | $ | 174,077 |  |  | $ | 367,080 |  |  | $ | 488,928 |
Commercial aftermarket |  |  | 68,332 |  |  |  | 124,863 |  |  |  | 328,302 |  |  |  | 375,919 |
Defense OEM |  |  | 111,667 |  |  |  | 147,696 |  |  |  | 392,494 |  |  |  | 372,538 |
Defense aftermarket |  |  | 62,691 |  |  |  | 52,139 |  |  |  | 166,779 |  |  |  | 137,231 |
Total Aerospace segment net sales |  | $ | 306,494 |  |  | $ | 498,775 |  |  | $ | 1,254,655 |  |  | $ | 1,374,616 |
Revenue by primary market for the Industrial reportable segment was as follows:
|  | Three-Months Ended June 30, |  |  | Nine-Months Ended June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Reciprocating engines |  | $ | 158,804 |  |  | $ | 185,523 |  |  | $ | 497,012 |  |  | $ | 590,910 |
Industrial turbines |  |  | 53,486 |  |  |  | 53,740 |  |  |  | 164,663 |  |  |  | 155,439 |
Renewables1 |  |  | 5,042 |  |  |  | 13,967 |  |  |  | 48,071 |  |  |  | 42,695 |
Total Industrial segment net sales |  | $ | 217,332 |  |  | $ | 253,230 |  |  | $ | 709,746 |  |  | $ | 789,044 |
| (1) | Sales in the renewables market were discontinued as of May 1, 2020 following the closing of the divestiture of the disposal group (see Note 10, Sale of businesses).
The customers who account for approximately 10% or more of net sales of each of Woodward’s reportable segments for the three and nine-months ended June 30, 2020 are as follows:
|  | Customer
Aerospace |  | The Boeing Company, General Electric Company, Raytheon Company
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:
|  | Three-Months Ended June 30, 2020 |  |  | Three-Months Ended June 30, 2019 |
|  | Aerospace |  |  | Industrial |  |  | Consolidated |  |  | Aerospace |  |  | Industrial |  |  | Consolidated |
United States |  | $ | 245,347 |  |  | $ | 48,600 |  |  | $ | 293,947 |  |  | $ | 386,136 |  |  | $ | 53,380 |  |  | $ | 439,516 |
Germany |  |  | 5,348 |  |  |  | 40,753 |  |  |  | 46,101 |  |  |  | 18,319 |  |  |  | 50,943 |  |  |  | 69,262 |
Europe, excluding Germany |  |  | 17,675 |  |  |  | 49,500 |  |  |  | 67,175 |  |  |  | 42,849 |  |  |  | 66,936 |  |  |  | 109,785 |
China |  |  | 9,018 |  |  |  | 47,592 |  |  |  | 56,610 |  |  |  | 11,506 |  |  |  | 40,119 |  |  |  | 51,625 |
Asia, excluding China |  |  | 4,438 |  |  |  | 24,934 |  |  |  | 29,372 |  |  |  | 7,402 |  |  |  | 33,737 |  |  |  | 41,139 |
Other countries |  |  | 24,668 |  |  |  | 5,953 |  |  |  | 30,621 |  |  |  | 32,563 |  |  |  | 8,115 |  |  |  | 40,678 |
Total net sales |  | $ | 306,494 |  |  | $ | 217,332 |  |  | $ | 523,826 |  |  | $ | 498,775 |  |  | $ | 253,230 |  |  | $ | 752,005 |
|  | Nine-Months Ended June 30, 2020 |  |  | Nine-Months Ended June 30, 2019 |
|  | Aerospace |  |  | Industrial |  |  | Consolidated |  |  | Aerospace |  |  | Industrial |  |  | Consolidated |
United States |  | $ | 965,368 |  |  | $ | 152,600 |  |  | $ | 1,117,968 |  |  | $ | 1,024,644 |  |  | $ | 156,836 |  |  | $ | 1,181,480 |
Germany |  |  | 43,737 |  |  |  | 145,132 |  |  |  | 188,869 |  |  |  | 56,136 |  |  |  | 178,032 |  |  |  | 234,168 |
Europe, excluding Germany |  |  | 97,262 |  |  |  | 165,403 |  |  |  | 262,665 |  |  |  | 131,243 |  |  |  | 191,415 |  |  |  | 322,658 |
China |  |  | 30,716 |  |  |  | 139,016 |  |  |  | 169,732 |  |  |  | 36,646 |  |  |  | 144,267 |  |  |  | 180,913 |
Asia, excluding China |  |  | 22,001 |  |  |  | 86,514 |  |  |  | 108,515 |  |  |  | 29,560 |  |  |  | 94,470 |  |  |  | 124,030 |
Other countries |  |  | 95,571 |  |  |  | 21,081 |  |  |  | 116,652 |  |  |  | 96,387 |  |  |  | 24,024 |  |  |  | 120,411 |
Total net sales |  | $ | 1,254,655 |  |  | $ | 709,746 |  |  | $ | 1,964,401 |  |  | $ | 1,374,616 |  |  | $ | 789,044 |  |  | $ | 2,163,660 |

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