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Accrued Liabilities | 6 Months Ended
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Mar. 31, 2022
Accrued Liabilities Current [Abstract] |
Accrued Liabilities | Note 15. Accrued liabilities
|  | March 31, |  |  | September 30, |
|  | 2022 |  |  | 2021 |
Salaries and other member benefits |  | $ | 46,995 |  |  | $ | 54,497 |
Warranties |  |  | 12,984 |  |  |  | 17,481 |
Interest payable |  |  | 14,608 |  |  |  | 14,822 |
Accrued retirement benefits |  |  | 2,786 |  |  |  | 2,825 |
Net current contract liabilities |  |  | 28,813 |  |  |  | 29,527 |
Current portion of restructuring charges |  |  | 4,503 |  |  |  | 4,495 |
Taxes, other than income |  |  | 20,278 |  |  |  | 19,453 |
Purchase of treasury stock on account |  |  | 11,080 |  |  |  | 12,516 |
Other |  |  | 20,296 |  |  |  | 27,523 |
|  | $ | 162,343 |  |  | $ | 183,139 |
Warranties Provisions of Woodward’s sales agreements include product warranties customary to these types of agreements. Accruals are established for specifically identified warranty issues that are probable to result in future costs. Warranty costs are accrued as revenue is recognized on a non-specific basis whenever past experience indicates a normal and predictable pattern exists. Changes in accrued product warranties were as follows:
|  | Three-Months Ended March 31, |  |  | Six-Months Ended March 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Warranties, beginning of period |  | $ | 13,203 |  |  | $ | 21,079 |  |  | $ | 17,481 |  |  | $ | 18,972 |
Expense, net of recoveries |  |  | 984 |  |  |  | (377 | ) |  |  | 222 |  |  |  | 1,012 |
(Reductions) additions for settlement of previous warranty liabilities |  |  | (1,190 | ) |  |  | (1,843 | ) |  |  | (4,669 | ) |  |  | (1,451 | )
Foreign currency exchange rate changes |  |  | (13 | ) |  |  | (283 | ) |  |  | (50 | ) |  |  | 43 |
Warranties, end of period |  | $ | 12,984 |  |  | $ | 18,576 |  |  | $ | 12,984 |  |  | $ | 18,576 |
Restructuring charges In fiscal year 2021, the Company recognized restructuring charges relating to workforce management costs to align the Company’s hydraulics and engine systems businesses with current market conditions. During such fiscal year, restructuring charges of $5,008 were recorded as nonsegment expenses, the majority of which are expected to be paid within twelve months from March 31, 2022. In fiscal year 2020, the Company committed to a plan of termination (the “Termination Plan”) as well as other cost savings actions, in response to the ongoing global economic challenges resulting from the COVID-19 pandemic and its impact on the Company’s business. The Termination Plan involved the termination and/or furlough of employees and contractors at certain of the Company’s operating facilities, primarily in the United States. As a result of the Termination Plan and other related actions, the Company incurred $23,673 of restructuring charges for employee severance and benefits costs. All of the restructuring charges recorded during the fiscal year ended September 30, 2020 were recorded as nonsegment expenses and were paid as of September 30, 2021. The summary of activity in accrued restructuring charges during the six-months ended March 31, 2022 and 2021 are as follows:
|  |  |  |  |  | Period Activity |  |  |  |  |
|  | Balances as of September 30, 2021 |  |  | Charges |  |  | Payments |  |  | Foreign currency exchange rate changes |  |  | Non-cash activity |  |  | Balances as of March 31, 2022 |
Workforce management costs associated with: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hydraulics Systems Realignment |  | $ | 3,758 |  |  | $ | — |  |  | $ | (505 | ) |  | $ | — |  |  | $ | — |  |  | $ | 3,253 |
Engine Systems Realignment |  |  | 1,250 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,250 |
Total |  | $ | 5,008 |  |  | $ | — |  |  | $ | (505 | ) |  | $ | — |  |  | $ | — |  |  | $ | 4,503 |
|  |  |  |  |  | Period Activity |  |  |  |  |
|  | Balances as of September 30, 2020 |  |  | Charges |  |  | Payments |  |  | Foreign currency exchange rate changes |  |  | Non-cash activity |  |  | Balances as of March 31, 2021 |
Workforce management costs associated with: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
COVID-19 pandemic |  | $ | 3,395 |  |  | $ | — |  |  | $ | (2,287 | ) |  | $ | 21 |  |  | $ | (726 | ) |  | $ | 403 |
Total |  | $ | 3,395 |  |  | $ | — |  |  | $ | (2,287 | ) |  | $ | 21 |  |  | $ | (726 | ) |  | $ | 403 |

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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