XML 45 R36.htm IDEA: XBRL DOCUMENT
v3.23.1

Joint Venture (Tables) | 6 Months Ended
--- | ---
Mar. 31, 2023
Equity Method Investments And Joint Ventures [Abstract] |
Unamortized Deferred Revenue from JV | Unamortized deferred revenue from material rights in connection with the JV formation included:
|  | March 31, 2023 |  |  | September 30, 2022 |
Accrued liabilities |  | $ | 5,950 |  |  | $ | 5,754 |
Other liabilities |  |  | 237,179 |  |  |  | 234,516 |
Other Income Related JV | Other income related to Woodward’s equity interest in the earnings of the JV was as follows:
|  | Three-Months Ended March 31, |  |  | Six-Months Ended March 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Other income |  | $ | 8,468 |  |  | $ | 4,140 |  |  | $ | 13,041 |  |  | $ | 8,815 |
Cash Distribution from JV | Cash distributions to Woodward from the JV, recognized in “Other, net” in “Net cash provided by operating activities” on the Condensed Consolidated Statements of Cash Flows, were as follows:
|  | Three-Months Ended March 31, |  |  | Six-Months Ended March 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Cash distributions |  | $ | 5,500 |  |  | $ | 6,500 |  |  | $ | 10,000 |  |  | $ | 9,000 |
Net Sales to the JV | Net sales to the JV were as follows:
|  | Three-Months Ended March 31, |  |  | Six-Months Ended March 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Net sales 1 |  | $ | 7,320 |  |  | $ | 5,273 |  |  | $ | 13,797 |  |  | $ | 12,547 |
(1) Net sales included a reduction of $12,888 for the three-months and $20,458 for the six-months ended March 31, 2023 related to royalties owed to the JV by Woodward on sales by Woodward directly to third party aftermarket customers, compared to a reduction to sales of $7,200 for the three-months and $13,146 for the six-months ended March 31, 2022.
Accounts Receivable, Accounts Payable, and Other Assets Related to JV | The Condensed Consolidated Balance Sheets include “Accounts receivable” related to amounts the JV owed Woodward, “Accounts payable” related to amounts Woodward owed the JV, and “Other assets” related to Woodward’s net investment in the JV, as follows:
|  | March 31, 2023 |  |  | September 30, 2022 |
Accounts receivable |  | $ | 4,427 |  |  | $ | 4,172 |
Accounts payable |  |  | 4,155 |  |  |  | 4,069 |
Other assets |  |  | 11,223 |  |  |  | 8,181 |

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

X
- Definition Joint Venture Accounts Receivable Accounts Payable And Other Assets [Table Text Block] + References No definition available. + Details
Name: | wwd_JointVentureAccountsReceivableAccountsPayableAndOtherAssetsTableTextBlock
Namespace Prefix: | wwd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Joint Venture Cash Distributions [Table Text Block] + References No definition available. + Details
Name: | wwd_JointVentureCashDistributionsTableTextBlock
Namespace Prefix: | wwd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Joint Venture Net Sales [Table Text Block] + References No definition available. + Details
Name: | wwd_JointVentureNetSalesTableTextBlock
Namespace Prefix: | wwd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Joint Venture Other Income [Table Text Block] + References No definition available. + Details
Name: | wwd_JointVentureOtherIncomeTableTextBlock
Namespace Prefix: | wwd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Joint Venture Unamortized Deferred Revenue [Table Text Block] + References No definition available. + Details
Name: | wwd_JointVentureUnamortizedDeferredRevenueTableTextBlock
Namespace Prefix: | wwd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration