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Revenue (Tables)

9 Months Ended

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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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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-Name Accounting Standards Codification
-Topic 606
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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