Revenue (Tables)

3 Months Ended

Dec. 31, 2022

Revenue From Contract With Customer [Abstract]

Schedule of Revenue Recognition Time

The amount of revenue recognized as point in time or over time follows:

	Three-Months Ended December 31, 2022						Three-Months Ended December 31, 2021
	Aerospace		Industrial		Consolidated		Aerospace		Industrial		Consolidated
Point in time	$	169,840	$	139,839	$	309,679	$	125,645	$	124,992	$	250,637
Over time		225,845		83,095		308,940		210,790		80,159		290,949
Total net sales	$	395,685	$	222,934	$	618,619	$	336,435	$	205,151	$	541,586

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

	December 31, 2022			September 30, 2022
Billed receivables
Trade accounts receivable	$	335,010		$	359,364
Other (Chinese financial institutions)		7,980			9,405
Total billed receivables		342,990			368,769
Current unbilled receivables (contract assets)		258,266			245,117
Total accounts receivable		601,256			613,886
Less: Allowance for uncollectible amounts		(4,203	)		(3,922	)
Total accounts receivable, net	$	597,053		$	609,964

Schedule of Uncollectible Amounts And Change in Expected Allowance for Credit Losses for Trade Accounts Receivable and Unbilled Receivables

The allowance for uncollectible amounts and change in expected credit losses for trade accounts receivable and unbilled receivables (contract assets) consisted of the following:

	Three-Months Ended December 31,
	2022			2021
Balance, beginning	$	3,922		$	3,664
Changes in estimates		344			(218	)
Write-offs		(83	)		(18	)
Other1		20			(119	)
Balance, ending	$	4,203		$	3,309

(1)Includes effects of foreign exchange rate changes during the period.

Schedule of Contract Liability

Contract liabilities consisted of the following:

	December 31, 2022				September 30, 2022
	Current		Noncurrent		Current		Noncurrent
Deferred revenue from material rights from GE joint venture formation	$	5,852	$	233,587	$	5,754	$	234,516
Deferred revenue from advanced invoicing and/or prepayments from customers		4,509		34		4,120		38
Liability related to customer supplied inventory		13,210		—		12,442		—
Deferred revenue from material rights related to engineering and development funding		5,710		167,989		8,347		161,791
Net contract liabilities	$	29,281	$	401,610	$	30,663	$	396,345

Schedule of Disaggregation of Revenue

Revenue by primary market for the Aerospace reportable segment was as follows:

	Three-Months Ended December 31,
	2022		2021
Commercial OEM	$	138,875	$	104,826
Commercial aftermarket		126,643		86,086
Defense OEM		89,762		105,375
Defense aftermarket		40,405		40,148
Total Aerospace segment net sales	$	395,685	$	336,435

Revenue by primary market for the Industrial reportable segment was as follows:

	Three-Months Ended December 31,
	2022		2021
Reciprocating engines	$	161,377	$	158,334
Industrial turbines		61,557		46,817
Total Industrial segment net sales	$	222,934	$	205,151

The customers who each account for approximately 10% or more of net sales of each of Woodward’s reportable segments are as follows:

	Three-Months Ended December 31, 2022	Three-Months Ended December 31, 2021
Aerospace	Raytheon Technologies, General Electric Company, The Boeing Company	Raytheon Technologies, The Boeing Company, General Electric Company
Industrial	Rolls-Royce PLC, Caterpillar, Inc., Wartsila, General Electric Company	Rolls-Royce PLC, Wartsila