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Intangible Assets, Net | 9 Months Ended
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Jun. 30, 2022
Intangible Assets Net Excluding Goodwill [Abstract] |
Intangible Assets, Net | Note 13. Intangible assets, net
|  | June 30, 2022 |  |  | September 30, 2021 |
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships and contracts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aerospace |  | $ | 281,683 |  |  | $ | (220,270 | ) |  | $ | 61,413 |  |  | $ | 281,683 |  |  | $ | (210,380 | ) |  | $ | 71,303 |
Industrial |  |  | 366,005 |  |  |  | (65,751 | ) |  |  | 300,254 |  |  |  | 404,179 |  |  |  | (56,515 | ) |  |  | 347,664 |
Total |  | $ | 647,688 |  |  | $ | (286,021 | ) |  | $ | 361,667 |  |  | $ | 685,862 |  |  | $ | (266,895 | ) |  | $ | 418,967 |
Intellectual property: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aerospace |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Industrial |  |  | 12,414 |  |  |  | (12,414 | ) |  |  | — |  |  |  | 15,806 |  |  |  | (15,806 | ) |  |  | — |
Total |  | $ | 12,414 |  |  | $ | (12,414 | ) |  | $ | — |  |  | $ | 15,806 |  |  | $ | (15,806 | ) |  | $ | — |
Process technology: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aerospace |  | $ | 76,370 |  |  | $ | (68,899 | ) |  | $ | 7,471 |  |  | $ | 76,370 |  |  | $ | (67,177 | ) |  | $ | 9,193 |
Industrial |  |  | 82,627 |  |  |  | (27,453 | ) |  |  | 55,174 |  |  |  | 90,008 |  |  |  | (26,124 | ) |  |  | 63,884 |
Total |  | $ | 158,997 |  |  | $ | (96,352 | ) |  | $ | 62,645 |  |  | $ | 166,378 |  |  | $ | (93,301 | ) |  | $ | 73,077 |
Intangible asset with indefinite life: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradename: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aerospace |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Industrial |  |  | 60,555 |  |  |  | — |  |  |  | 60,555 |  |  |  | 67,245 |  |  |  | — |  |  |  | 67,245 |
Total |  | $ | 60,555 |  |  | $ | — |  |  | $ | 60,555 |  |  | $ | 67,245 |  |  | $ | — |  |  | $ | 67,245 |
Total intangibles: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aerospace |  | $ | 358,053 |  |  | $ | (289,169 | ) |  | $ | 68,884 |  |  | $ | 358,053 |  |  | $ | (277,557 | ) |  | $ | 80,496 |
Industrial |  |  | 521,601 |  |  |  | (105,618 | ) |  |  | 415,983 |  |  |  | 577,238 |  |  |  | (98,445 | ) |  |  | 478,793 |
Consolidated Total |  | $ | 879,654 |  |  | $ | (394,787 | ) |  | $ | 484,867 |  |  | $ | 935,291 |  |  | $ | (376,002 | ) |  | $ | 559,289 |
Woodward tests the indefinite lived tradename intangible asset for impairment during the fourth quarter of each fiscal year, or at any time there is an indication the indefinite lived tradename intangible asset is more-likely-than-not impaired (commonly referred to as a triggering event). Woodward’s impairment test for the indefinite lived tradename intangible asset in the fourth quarter of fiscal year 2021 resulted in no impairment. For the three and nine-months ended June 30, 2022 and 2021, Woodward recorded amortization expense associated with intangibles of the following:
|  | Three-Months Ended June 30, |  |  | Nine-Months Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Amortization expense |  | $ | 9,309 |  |  | $ | 10,526 |  |  | $ | 28,584 |  |  | $ | 31,555 |
Future amortization expense associated with intangibles is expected to be:
Year Ending September 30: |  |  |  |
2022 (remaining) |  | $ | 9,208 |
2023 |  |  | 36,020 |
2024 |  |  | 32,269 |
2025 |  |  | 27,054 |
2026 |  |  | 27,044 |
Thereafter |  |  | 292,717 |
|  | $ | 424,312 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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- References No definition available. + Details
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