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Revenue (Tables)

9 Months Ended

Jun. 30, 2022

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, 2022												Three-Months Ended June 30, 2021
		Aerospace				Industrial				Consolidated				Aerospace				Industrial				Consolidated
Point in time		$	154,323			$	119,808			$	274,131			$	114,947			$	128,868			$	243,815
Over time			247,389				92,812				340,201				225,965				86,895				312,860
Total net sales		$	401,712			$	212,620			$	614,332			$	340,912			$	215,763			$	556,675

		Nine-Months Ended June 30, 2022												Nine-Months Ended June 30, 2021
		Aerospace				Industrial				Consolidated				Aerospace				Industrial				Consolidated
Point in time		$	428,212			$	367,019			$	795,231			$	336,477			$	414,305			$	750,782
Over time			682,692				264,834				947,526				690,808				234,025				924,833
Total net sales		$	1,110,904			$	631,853			$	1,742,757			$	1,027,285			$	648,330			$	1,675,615

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

		June 30, 2022				September 30, 2021
Billed receivables
Trade accounts receivable		$	318,227			$	298,951
Other (Chinese financial institutions)			3,042				23,168
Total billed receivables			321,269				322,119
Current unbilled receivables (contract assets)			269,320				204,596
Total accounts receivable			590,589				526,715
Less: Allowance for uncollectible amounts			(3,043	)			(3,664	)
Total accounts receivable, net		$	587,546			$	523,051

Schedule of Uncollectible Amounts And Change in Expected Allowance for Credit Losses for Trade Accounts Receivable and Unbilled Receivables

The allowance for uncollectible amounts and change in expected credit losses for trade accounts receivable and unbilled receivables (contract assets) consisted of the following:

		Three-Months Ended June 30,								Nine-Months Ended June 30,
		2022				2021				2022				2021
Balance, beginning		$	3,141			$	7,522			$	3,664			$	8,359
Charged to costs and expenses, or sales allowance			356				581				783				1,709
Deductions			(302	)			(4,367	)			(1,410	)			(6,375	)
Other additions1			(152	)			95				6				138
Balance, ending		$	3,043			$	3,831			$	3,043			$	3,831

(1) Includes effects of foreign exchange rate changes during the period.

Schedule of Contract Liability

Contract liabilities consisted of the following:  

		June 30, 2022								September 30, 2021
		Current				Noncurrent				Current				Noncurrent
Deferred revenue from material rights from GE joint venture formation		$	5,508			$	235,763			$	4,771			$	234,237
Deferred revenue from advanced invoicing and/or prepayments from customers			1,288				39				4,192				290
Liability related to customer supplied inventory			12,657				—				14,169				—
Deferred revenue from material rights related to engineering and development funding			6,397				160,827				6,395				151,797
Net contract liabilities		$	25,850			$	396,629			$	29,527			$	386,324

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,
		2022				2021				2022				2021
Commercial OEM		$	131,968			$	96,290			$	359,683			$	274,278
Commercial aftermarket			108,695				75,508				303,335				218,602
Defense OEM			115,205				117,204				318,392				384,097
Defense aftermarket			45,844				51,910				129,494				150,308
Total Aerospace segment net sales		$	401,712			$	340,912			$	1,110,904			$	1,027,285

Revenue by primary market for the Industrial reportable segment was as follows:

		Three-Months Ended June 30,								Nine-Months Ended June 30,
		2022				2021				2022				2021
Reciprocating engines		$	154,090			$	166,143			$	469,087			$	494,099
Industrial turbines			58,530				49,620				162,766				154,231
Total Industrial segment net sales		$	212,620			$	215,763			$	631,853			$	648,330

The customers who each account for approximately 10% or more of net sales of each of Woodward’s reportable segments are as follows:

		Three and Nine-Months Ended June 30, 2022
Aerospace		The Boeing Company, General Electric Company, Raytheon Technologies
Industrial		Rolls-Royce PLC, Wartsila, Caterpillar, Inc.

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Tabular disclosure of allowance for credit loss on financing receivable.

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