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Income Taxes (Tables)
6 Months Ended
Mar. 31, 2013
Income Taxes  
Tax Expense and Effective Tax Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three-Months Ended

 

Six-Months Ended

 

 

March 31,

 

March 31,

 

 

2013

 

2012

 

2013

 

2012

Earnings before income taxes

 

$

50,336 

 

$

54,038 

 

$

88,873 

 

$

94,214 

Income tax expense

 

 

7,890 

 

 

15,287 

 

 

19,059 

 

 

27,046 

Effective tax rate

 

 

15.7% 

 

 

28.3% 

 

 

21.4% 

 

 

28.7% 

 

Unrecognized Tax Benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

September 30,

 

 

 

 

 

2013

 

2012

Gross liability

 

 

 

 

$

20,301 

 

$

18,069 

Amount that would impact Woodward's effective tax rate, if recognized, net of expected offsetting adjustments

 

 

17,374 

 

 

15,061 

 

Accrued Interest and Penalties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

September 30,

 

 

 

 

 

2013

 

2012

Accrued interest and penalties

 

 

 

 

$

2,012 

 

$

1,701