
	September 30, 2024		September 30, 2023
Salaries and other member benefits	$	151,921	$	146,713
Product warranties and related liabilities		18,844		18,162
Interest payable		12,163		13,611
Accrued retirement benefits		2,888		2,822
Net current contract liabilities		56,791		33,748
Taxes, other than income		15,884		13,436
Other		34,151		34,124
	$	292,642	$	262,616

Provisions of Woodward’s sales agreements include product warranties customary to these types of agreements. Accruals are established for specifically identified warranty issues and related liabilities that are probable to result in future costs. Warranty costs are accrued as revenue is recognized on a non-specific basis whenever past experience indicates a normal and predictable pattern exists. Changes in accrued product warranties and related liabilities were as follows:


	Year Ended September 30,
	2024			2023			2022
Beginning of period	$	18,162		$	40,042		$	17,481
Additions, net of recoveries		13,797			25,984			29,827
Reductions for settlement		(13,368	)		(47,949	)		(6,937	)
Foreign currency exchange rate changes		253			85			(329	)
End of period	$	18,844		$	18,162		$	40,042

During fiscal year 2023, the Company committed to a cost reduction plan ("Cost Reduction Plan") to better align the cost structure and recorded $5,172 of restructuring charges. The charges recognized under the Cost Reduction Plan consist of workforce management costs primarily related to aligning the cost structure of the Company's Industrial segment with the current market conditions. All of the restructuring charges were recorded as nonsegment expenses and were paid as of September 30, 2023.

In fiscal year 2022, the Company determined to implement a streamlined Aerospace and Industrial organizational and leadership structure designed to enhance the sales experience for customers, simplify operations, and increase profitability through improved execution. In connection with leadership changes arising from such reorganization, we recorded $1,083 of restructuring charges as nonsegment expenses and were paid as of September 30, 2023.

In fiscal year 2021, the Company recorded aggregate restructuring charges totaling $5,008 as nonsegment expenses for two separate workforce management actions, one in our hydraulics systems business and one in our engine systems business. In fiscal year 2022, we experienced a challenging operating environment that included the ongoing impact of global supply chain and labor disruptions, along with high inflation, which resulted in changed business conditions as compared to when we initially recorded the restructuring charges in fiscal year 2021. We adapted to the changed business conditions by, among other initiatives, (i) developing and implementing plans to insource select machined components, (ii)

redeploying talent and adding indirect resources to our factories to stabilize the production environment, and (iii) determining to retain employees that otherwise would have been impacted by the planned restructuring activities to support a stable workforce and effectively manage through attrition. As such, the remaining unpaid accrued restructuring charges, which amounted to $4,503, were no longer needed and were reversed.

The summary of activity in accrued restructuring charges is as follows:


			Period Activity
	September 30, 2022		Charges		Payments			Non-cash activity		September 30, 2023
Workforce management costs associated with:
Cost reduction plan	$	—	$	5,172	$	(5,207	)	$	35	$	—
Aerospace		139		—		(139	)		—		—
Industrial		944		—		(944	)		—		—
Total	$	1,083	$	5,172	$	(6,290	)	$	35	$	—