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Retirement Benefits (Tables)
9 Months Ended
Jun. 30, 2024
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Amount of Expense Associated with All Defined Contribution Plans

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

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Company costs

 

$

14,020

 

 

$

11,602

 

 

$

38,097

 

 

$

33,542

 

Schedule of Estimated Remaining Cash Contributions Woodward estimates its remaining cash contributions in fiscal year 2024 will be as follows:

Retirement pension benefits:

 

 

 

United States

 

$

 

United Kingdom

 

 

414

 

Japan

 

 

 

Germany

 

 

320

 

Other postretirement benefits

 

 

1,442

 

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

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Service cost

 

$

193

 

 

$

223

 

 

$

307

 

 

$

344

 

 

$

500

 

 

$

567

 

Interest cost

 

 

1,899

 

 

 

1,824

 

 

 

799

 

 

 

805

 

 

 

2,698

 

 

 

2,629

 

Expected return on plan assets

 

 

(2,271

)

 

 

(2,074

)

 

 

(596

)

 

 

(586

)

 

 

(2,867

)

 

 

(2,660

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss (gain)

 

 

57

 

 

 

73

 

 

 

(168

)

 

 

(161

)

 

 

(111

)

 

 

(88

)

Prior service cost

 

 

174

 

 

 

174

 

 

 

6

 

 

 

5

 

 

 

180

 

 

 

179

 

Net periodic retirement pension cost

 

$

52

 

 

$

220

 

 

$

348

 

 

$

407

 

 

$

400

 

 

$

627

 

Contributions paid

 

$

 

 

$

 

 

$

315

 

 

$

470

 

 

$

315

 

 

$

470

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended June 30,

 

 

 

United States

 

 

Other Countries

 

 

Total

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Service cost

 

$

581

 

 

$

670

 

 

$

928

 

 

$

996

 

 

$

1,509

 

 

$

1,666

 

Interest cost

 

 

5,698

 

 

 

5,473

 

 

 

2,395

 

 

 

2,333

 

 

 

8,093

 

 

 

7,806

 

Expected return on plan assets

 

 

(6,813

)

 

 

(6,223

)

 

 

(1,790

)

 

 

(1,710

)

 

 

(8,603

)

 

 

(7,933

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss (gain)

 

 

170

 

 

 

219

 

 

 

(507

)

 

 

(462

)

 

 

(337

)

 

 

(243

)

Prior service cost

 

 

523

 

 

 

523

 

 

 

17

 

 

 

16

 

 

 

540

 

 

 

539

 

Net periodic retirement pension cost

 

$

159

 

 

$

662

 

 

$

1,043

 

 

$

1,173

 

 

$

1,202

 

 

$

1,835

 

Contributions paid

 

$

 

 

$

 

 

$

1,654

 

 

$

1,763

 

 

$

1,654

 

 

$

1,763

 

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,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Service cost

 

$

 

 

$

1

 

 

$

 

 

$

1

 

Interest cost

 

 

226

 

 

 

226

 

 

 

677

 

 

 

678

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial gain

 

 

(139

)

 

 

(124

)

 

 

(417

)

 

 

(372

)

Net periodic other postretirement cost

 

$

87

 

 

$

103

 

 

$

260

 

 

$

307

 

Contributions paid

 

$

409

 

 

$

415

 

 

$

1,234

 

 

$

1,300