Goodwill

3 Months Ended

Dec. 31, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill

Note 13. Goodwill

	September 30, 2022		Additions		Effects of Foreign Currency Translation		December 31, 2022
Aerospace	$	455,423	$	—	$	—	$	455,423
Industrial		317,136		180		21,181		338,497
Consolidated	$	772,559	$	180	$	21,181	$	793,920

On August 31, 2022, Woodward completed the acquisition of PM Control (see Note 10, Acquisitions), which resulted in the recognition of $8,705 in goodwill in the Company’s Industrial segment.

Woodward tests goodwill for impairment during the fourth quarter of each fiscal year and at any time there is an indication that goodwill is more-likely-than-not impaired (commonly referred to as a triggering event). Woodward’s goodwill impairment test in the fourth quarter of fiscal year 2022 resulted in no impairment.