Supplemental Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Sep. 30, 2017

Segment Reporting [Member]

Supplemental Quarterly Financial Data [Line Items]

Quarterly Financial Information

Quarterly results by segment for the fiscal years ended September 30, 2017 and September 30, 2016 follow:

	2017 Fiscal Quarters
	First		Second		Third		Fourth
Segment external net sales:
Aerospace	$	266,680	$	320,526	$	355,992	$	399,141
Industrial		176,214		179,855		192,630		207,647
Total	$	442,894	$	500,381	$	548,622	$	606,788
Segment earnings:
Aerospace	$	46,877	$	58,227	$	67,173	$	85,536
Industrial		17,998		17,089		20,870		23,034
Nonsegment expenses		(11,381)		(18,764)		(12,945)		(15,262)
Interest expense, net		(6,435)		(6,316)		(6,411)		(6,543)
Consolidated earnings before income taxes	$	47,059	$	50,236	$	68,687	$	86,765
	2016 Fiscal Quarters
	First		Second		Third		Fourth
Segment external net sales:
Aerospace	$	268,599	$	290,690	$	308,582	$	365,305
Industrial		176,511		188,692		199,082		225,617
Total	$	445,110	$	479,382	$	507,664	$	590,922
Segment earnings:
Aerospace	$	43,486	$	50,578	$	57,726	$	80,376
Industrial		21,551		19,469		21,963		19,254
Nonsegment expenses (1)		(30,620)		(9,888)		(10,369)		(12,289)
Interest expense, net		(6,461)		(5,793)		(5,912)		(6,585)
Consolidated earnings before income taxes	$	27,956	$	54,366	$	63,408	$	80,756

Notes:

1. The results for Nonsegment expenses for the first quarter of fiscal year 2016 include special charges totaling approximately $16,100 related to Woodward's efforts to consolidate facilities, reduce costs and address current market conditions.

Total of Reporting Segments [Member]

Supplemental Quarterly Financial Data [Line Items]

Quarterly Financial Information

Quarterly results for the fiscal years ended September 30, 2017 and September 30, 2016 follow:

	2017 Fiscal Quarters
	First		Second		Third		Fourth
Net sales	$	442,894	$	500,381	$	548,622	$	606,788
Gross margin (1) (2)		113,746		133,282		153,872		171,659
Earnings before income taxes		47,059		50,236		68,687		86,765
Net earnings		46,548		38,105		53,626		62,228
Earnings per share
Basic earnings per share		0.76		0.62		0.87		1.02
Diluted earnings per share		0.73		0.60		0.85		0.98
Cash dividends per share		0.110		0.125		0.125		0.125
	2016 Fiscal Quarters
	First (3)		Second		Third		Fourth
Net sales	$	445,110	$	479,382	$	507,664	$	590,922
Gross margin (1) (2)		109,553		131,081		134,825		163,659
Earnings before income taxes		27,956		54,366		63,408		80,756
Net earnings		25,820		40,824		51,047		63,147
Earnings per share
Basic earnings per share		0.41		0.66		0.83		1.03
Diluted earnings per share		0.40		0.65		0.81		0.99
Cash dividends per share		0.100		0.110		0.110		0.110

Notes:

1. Gross margin represents net sales less cost of goods sold.

2. Gross margin for all periods presented has been recast from previously reported quarterly results due to reclassification of amortization as a separate line to an allocated expense/cost component of cost of goods sold and selling, general and administrative expenses.  See “Note 1 - Operations and summary of significant accounting policies” for further information on reclassification.

3. Results for the first quarter of fiscal year 2016 include special charges totaling approximately $16,100 related to Woodward's efforts to consolidate facilities, reduce costs and address current market conditions.