Financial Instruments and Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

The table below presents information about Woodward’s financial assets and liabilities that are measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques Woodward utilized to determine such fair value as defined by the U.S. GAAP fair value hierarchy.

	At December 31, 2023								At September 30, 2023
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Financial assets:
Investments in banks and financial institutions	$	45,257	$	—	$	—	$	45,257	$	28,560	$	—	$	—	$	28,560
Equity securities		28,969		—		—		28,969		24,913		—		—		24,913
Cross-currency interest rate swaps		—		—		—		—		—		5,389		—		5,389
Total financial assets	$	74,226	$	—	$	—	$	74,226	$	53,473	$	5,389	$	—	$	58,862
Financial liabilities:
Cross-currency interest rate swaps	$	—	$	12,362	$	—	$	12,362	$	—	$	—	$	—	$	—
Total financial liabilities	$	—	$	12,362	$	—	$	12,362	$	—	$	—	$	—	$	—

Estimated Fair Values of Financial Instruments

The estimated fair values and carrying costs of other financial instruments that are not required to be remeasured at fair value in the Condensed Consolidated Balance Sheets were as follows:

		At December 31, 2023				At September 30, 2023
	Fair Value Hierarchy Level	Estimated Fair Value		Carrying Cost		Estimated Fair Value		Carrying Cost
Assets:
Notes receivable from municipalities	2	$	7,861	$	7,333	$	7,794	$	7,688
Investments in short-term time deposits	2		6,099		6,101		6,095		6,107
Liabilities:
Long-term debt	2		619,230		654,876		661,507		722,671