Accrued Liabilities

12 Months Ended

Sep. 30, 2025

Accrued Liabilities, Current [Abstract]

Note 16. Accrued liabilities


	September 30, 2025		September 30, 2024
Salaries and other member benefits	$	175,110	$	151,921
Product warranties and related liabilities		25,504		18,844
Interest payable		10,211		12,163
Accrued retirement benefits		2,986		2,888
Net current contract liabilities		49,235		56,791
Taxes, other than income		15,367		15,884
Other		34,670		34,151
	$	313,083	$	292,642

Product warranties and related liabilities

Provisions of Woodward’s sales agreements include product warranties customary to these types of agreements. Accruals are established for specifically identified warranty issues and related liabilities 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 and related liabilities were as follows:


	Year Ended September 30,
	2025			2024			2023
Beginning of period	$	18,844		$	18,162		$	40,042
Additions, net of recoveries		20,887			13,797			25,984
Reductions for settlement		(14,339	)		(13,368	)		(47,949	)
Foreign currency exchange rate changes		112			253			85
End of period	$	25,504		$	18,844		$	18,162

Restructuring charges

During fiscal year 2023, the Company committed to a cost reduction plan ("Cost Reduction Plan") to better align the cost structure and recorded $5,172 of restructuring charges. The charges recognized under the Cost Reduction Plan consist of workforce management costs primarily related to aligning the cost structure of the Company's Industrial segment with the current market conditions. All of the restructuring charges were recorded as nonsegment expenses and were paid as of September 30, 2023.