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Retirement Benefits (Tables)
9 Months Ended
Jun. 30, 2023
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Amount of Expense Associated with Defined Contribution Plans

The amount of expense associated with defined contribution plans was as follows:

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Company costs

 

$

11,602

 

 

$

10,132

 

 

$

33,542

 

 

$

30,582

 

Schedule of Estimated Remaining Cash Contributions Woodward estimates its remaining cash contributions in fiscal year 2023 will be as follows:

Retirement pension benefits:

 

 

 

United States

 

$

 

United Kingdom

 

 

186

 

Japan

 

 

 

Germany

 

 

226

 

Other postretirement benefits

 

 

1,516

 

Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Periodic Benefit Costs

The components of the net periodic retirement pension costs recognized are as follows:

 

 

Three Months Ended June 30,

 

 

 

United States

 

 

Other Countries

 

 

Total

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

223

 

 

$

389

 

 

$

344

 

 

$

573

 

 

$

567

 

 

$

962

 

Interest cost

 

 

1,824

 

 

 

1,320

 

 

 

805

 

 

 

395

 

 

 

2,629

 

 

 

1,715

 

Expected return on plan assets

 

 

(2,074

)

 

 

(2,713

)

 

 

(586

)

 

 

(596

)

 

 

(2,660

)

 

 

(3,309

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss (gain)

 

 

73

 

 

 

65

 

 

 

(161

)

 

 

136

 

 

 

(88

)

 

 

201

 

Prior service cost

 

 

174

 

 

 

246

 

 

 

5

 

 

 

6

 

 

 

179

 

 

 

252

 

Net periodic retirement pension cost (benefit)

 

$

220

 

 

$

(693

)

 

$

407

 

 

$

514

 

 

$

627

 

 

$

(179

)

Contributions paid

 

$

 

 

$

 

 

$

470

 

 

$

434

 

 

$

470

 

 

$

434

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended June 30,

 

 

 

United States

 

 

Other Countries

 

 

Total

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

670

 

 

$

1,166

 

 

$

996

 

 

$

1,803

 

 

$

1,666

 

 

$

2,969

 

Interest cost

 

 

5,473

 

 

 

3,961

 

 

 

2,333

 

 

 

1,243

 

 

 

7,806

 

 

 

5,204

 

Expected return on plan assets

 

 

(6,223

)

 

 

(8,140

)

 

 

(1,710

)

 

 

(1,881

)

 

 

(7,933

)

 

 

(10,021

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss (gain)

 

 

219

 

 

 

194

 

 

 

(462

)

 

 

428

 

 

 

(243

)

 

 

622

 

Prior service cost

 

 

523

 

 

 

736

 

 

 

16

 

 

 

18

 

 

 

539

 

 

 

754

 

Net periodic retirement pension cost (benefit)

 

$

662

 

 

$

(2,083

)

 

$

1,173

 

 

$

1,611

 

 

$

1,835

 

 

$

(472

)

Contributions paid

 

$

 

 

$

 

 

$

1,763

 

 

$

1,933

 

 

$

1,763

 

 

$

1,933

 

Other Postretirement Benefit Plans [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Periodic Benefit Costs

The components of the net periodic other postretirement benefit costs recognized are as follows:

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

1

 

 

$

1

 

 

$

1

 

 

$

1

 

Interest cost

 

 

226

 

 

 

144

 

 

 

678

 

 

 

433

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial gain

 

 

(124

)

 

 

(24

)

 

 

(372

)

 

 

(71

)

Prior service cost

 

 

 

 

 

 

 

 

 

 

 

 

Net periodic other postretirement cost

 

$

103

 

 

$

121

 

 

$

307

 

 

$

363

 

Contributions paid

 

$

415

 

 

$

451

 

 

$

1,300

 

 

$

1,379