XML 35 R26.htm IDEA: XBRL DOCUMENT
v3.26.1

Accrued Liabilities | 6 Months Ended
--- | ---
Mar. 31, 2026
Accrued Liabilities, Current [Abstract] |
Accrued Liabilities | Note 16. Accrued liabilities
|  | March 31, 2026 |  |  | September 30, 2025 |
Salaries and other member benefits |  | $ | 130,666 |  |  | $ | 175,110 |
Product warranties and related liabilities |  |  | 18,885 |  |  |  | 25,504 |
Interest payable |  |  | 8,773 |  |  |  | 10,211 |
Accrued restructuring |  |  | 3,647 |  |  |  | — |
Accrued retirement benefits |  |  | 2,915 |  |  |  | 2,986 |
Net current contract liabilities |  |  | 60,667 |  |  |  | 49,235 |
Taxes, other than income |  |  | 14,480 |  |  |  | 15,367 |
Other |  |  | 41,430 |  |  |  | 34,670 |
|  | $ | 281,463 |  |  | $ | 313,083 |
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:
|  | Three Months Ended March 31, |  |  | Six Months Ended March 31, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Beginning of period |  | $ | 17,773 |  |  | $ | 19,008 |  |  |  | 25,504 |  |  | $ | 18,844 |
Additions, net of recoveries |  |  | 3,097 |  |  |  | 5,841 |  |  |  | 5,476 |  |  |  | 9,346 |
Reductions for settlement |  |  | (1,931 | ) |  |  | (4,030 | ) |  |  | (12,051 | ) |  |  | (7,044 | )
Foreign currency exchange rate changes |  |  | (54 | ) |  |  | 127 |  |  |  | (44 | ) |  |  | (200 | )
End of period |  | $ | 18,885 |  |  | $ | 20,946 |  |  | $ | 18,885 |  |  | $ | 20,946 |
Restructuring charges On January 12, 2026, the Company approved a plan to wind-down its on-highway natural gas truck manufacturing operations in China (the “China OH Business”). This decision follows prior unsuccessful efforts to divest the China OH Business and is a strategic step to align the Industrial segment portfolio with priority end-markets and long-term growth opportunities. As a result of the China OH Business wind-down, during the three months ended March 31, 2026, the Company incurred $6,815 of restructuring charges for employee severance and benefit costs, as well as additional wind-down charges. All of the restructuring charges recorded during the three months ended March 31, 2026 were recorded as nonsegment expenses and are expected to be paid within twelve months.
|  |  |  |  | Period Activity |  |  |  |
|  | Balances as of September 30, 2025 |  |  | Charges |  |  | Payments |  |  | Non-cash activity |  |  | Balances as of March 31, 2026 |
Workforce management costs associated with: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
China On-Highway Wind-down |  | $ | — |  |  | $ | 6,815 |  |  | $ | (2,836 | ) |  | $ | (332 | ) |  | $ | 3,647 |
Total |  | $ | — |  |  | $ | 6,815 |  |  | $ | (2,836 | ) |  | $ | (332 | ) |  | $ | 3,647 |
In addition to the restructuring charges recognized in the first six months of fiscal year 2026, the Company anticipates incurring additional costs associated with the China OH Business wind-down such as expenses associated with equipment relocation, accelerated depreciation, and inventory write-offs over the coming year. The Company anticipates these additional expenses, which are expected to be approximately $13,000 in total, will be substantially complete by the end of fiscal year 2026.

X
- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(20)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(24)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483384/720-30-45-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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