Revenue (Tables)

6 Months Ended

Mar. 31, 2023

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 March 31, 2023						Three-Months Ended March 31, 2022
	Aerospace		Industrial		Consolidated		Aerospace		Industrial		Consolidated
Point in time	$	188,248	$	177,660	$	365,908	$	148,244	$	122,219	$	270,463
Over time		248,769		103,537		352,306		224,513		91,863		316,376
Total net sales	$	437,017	$	281,197	$	718,214	$	372,757	$	214,082	$	586,839

	Six-Months Ended March 31, 2023						Six-Months Ended March 31, 2022
	Aerospace		Industrial		Consolidated		Aerospace		Industrial		Consolidated
Point in time	$	358,088	$	317,499	$	675,587	$	273,889	$	247,211	$	521,100
Over time		474,614		186,632		661,246		435,303		172,022		607,325
Total net sales	$	832,702	$	504,131	$	1,336,833	$	709,192	$	419,233	$	1,128,425

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

	March 31, 2023			September 30, 2022
Billed receivables
Trade accounts receivable	$	405,246		$	359,364
Other (Chinese financial institutions)		3,654			9,405
Total billed receivables		408,900			368,769
Current unbilled receivables (contract assets)		264,468			245,117
Total accounts receivable		673,368			613,886
Less: Allowance for uncollectible amounts		(9,949	)		(3,922	)
Total accounts receivable, net	$	663,419		$	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 March 31,						Six-Months Ended March 31,
	2023			2022			2023			2022
Balance, beginning	$	4,203		$	3,309		$	3,922		$	3,664
Changes in estimates		6,042			192			6,470			427
Write-offs		(247	)		(26	)		(330	)		(43	)
Other1		(49	)		(334	)		(113	)		(907	)
Balance, ending	$	9,949		$	3,141		$	9,949		$	3,141

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

Schedule of Contract Liability

Contract liabilities consisted of the following:

	March 31, 2023				September 30, 2022
	Current		Noncurrent		Current		Noncurrent
Deferred revenue from material rights from GE joint venture formation	$	5,950	$	237,179	$	5,754	$	234,516
Deferred revenue from advanced invoicing and/or prepayments from customers		3,570		63		4,120		38
Liability related to customer supplied inventory		14,779		—		12,442		—
Deferred revenue from material rights related to engineering and development funding		5,249		172,020		8,347		161,791
Net contract liabilities	$	29,548	$	409,262	$	30,663	$	396,345

Schedule of Disaggregation of Revenue

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

	Three-Months Ended March 31,				Six-Months Ended March 31,
	2023		2022		2023		2022
Commercial OEM	$	159,271	$	122,889	$	298,146	$	227,715
Commercial aftermarket		139,445		108,554		266,088		194,640
Defense OEM		87,807		97,812		177,569		203,187
Defense aftermarket		50,494		43,502		90,899		83,650
Total Aerospace segment net sales	$	437,017	$	372,757	$	832,702	$	709,192

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

	Three-Months Ended March 31,				Six-Months Ended March 31,
	2023		2022		2023		2022
Reciprocating engines	$	209,238	$	156,663	$	370,615	$	314,997
Industrial turbines		71,959		57,419		133,516		104,236
Total Industrial segment net sales	$	281,197	$	214,082	$	504,131	$	419,233

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 March 31, 2023	Three-Months Ended March 31, 2022
Aerospace	Raytheon Technologies, General Electric Company, The Boeing Company	Raytheon Technologies, The Boeing Company, General Electric Company
Industrial	Rolls-Royce PLC, Caterpillar, Inc.	Rolls-Royce PLC, Caterpillar, Inc., Wartsila

	Six-Months Ended March 31, 2023	Six-Months Ended March 31, 2022
Aerospace	Raytheon Technologies, General Electric, The Boeing Company	Raytheon Technologies, The Boeing Company, General Electric Company
Industrial	Rolls-Royce PLC, Caterpillar, Inc., Wartsila	Rolls-Royce PLC, Wartsila