XML 45 R36.htm IDEA: XBRL DOCUMENT
v3.22.2

Financial Instruments and Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2022
Fair Value Disclosures [Abstract] |
Financial Assets that are Measured at Fair Value on a Recurring Basis | The table below presents information about Woodward’s financial assets and liabilities that are measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques Woodward utilized to determine such fair value as defined by the U.S. GAAP fair value hierarchy.
|  | At June 30, 2022 |  |  | At September 30, 2021 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investments in term deposits with foreign banks |  | $ | 32,205 |  |  | $ | — |  |  | $ | — |  |  | $ | 32,205 |  |  | $ | 13,187 |  |  | $ | — |  |  | $ | — |  |  | $ | 13,187 |
Equity securities |  |  | 24,192 |  |  |  | — |  |  |  | — |  |  |  | 24,192 |  |  |  | 29,714 |  |  |  | — |  |  |  | — |  |  |  | 29,714 |
Cross-currency interest rate swaps |  |  | — |  |  |  | 9,002 |  |  |  | — |  |  |  | 9,002 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total financial assets |  | $ | 56,397 |  |  | $ | 9,002 |  |  | $ | — |  |  | $ | 65,399 |  |  | $ | 42,901 |  |  | $ | — |  |  | $ | — |  |  | $ | 42,901 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cross-currency interest rate swaps |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 50,185 |  |  | $ | — |  |  | $ | 50,185 |
Total financial liabilities |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 50,185 |  |  | $ | — |  |  | $ | 50,185 |
Estimated Fair Values of Financial Instruments | The estimated fair values and carrying costs of other financial instruments that are not required to be remeasured at fair value in the Condensed Consolidated Balance Sheets were as follows:
|  |  |  | At June 30, 2022 |  |  | At September 30, 2021 |
|  | Fair Value Hierarchy Level |  | Estimated Fair Value |  |  | Carrying Cost |  |  | Estimated Fair Value |  |  | Carrying Cost |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Notes receivable from municipalities |  | 2 |  | $ | 10,230 |  |  | $ | 10,030 |  |  | $ | 11,413 |  |  | $ | 10,193 |
Notes receivable from sale of the renewable power systems business and other related businesses |  | 2 |  |  | — |  |  |  | — |  |  |  | 6,288 |  |  |  | 6,061 |
Investments in short-term time deposits |  | 2 |  |  | 9,196 |  |  |  | 9,341 |  |  |  | 11,587 |  |  |  | 11,580 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  | 2 |  |  | 693,558 |  |  |  | 718,810 |  |  |  | 812,866 |  |  |  | 736,706 |

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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