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Goodwill
3 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

Note 12. Goodwill

 

 

September 30,
2023

 

 

Effects of Foreign
Currency
Translation

 

 

December 31,
2023

 

Aerospace

 

$

455,423

 

 

$

 

 

$

455,423

 

Industrial

 

 

336,045

 

 

 

12,019

 

 

 

348,064

 

Consolidated

 

$

791,468

 

 

$

12,019

 

 

$

803,487

 

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 2023 resulted in no impairment.