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Intangible Assets, Net (Tables)
12 Months Ended
Sep. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Finite-lived and Indefinite-lived Intangible Assets by Major Class

 

 

September 30, 2024

 

 

September 30, 2023

 

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships and contracts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

281,683

 

 

$

(246,152

)

 

$

35,531

 

 

$

281,683

 

 

$

(236,143

)

 

$

45,540

 

Industrial

 

 

399,030

 

 

 

(114,391

)

 

 

284,639

 

 

 

378,804

 

 

 

(90,084

)

 

 

288,720

 

Total

 

$

680,713

 

 

$

(360,543

)

 

$

320,170

 

 

$

660,487

 

 

$

(326,227

)

 

$

334,260

 

Intellectual property:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Industrial

 

 

3,139

 

 

 

(3,139

)

 

 

 

 

 

3,139

 

 

 

(3,139

)

 

 

 

Total

 

$

3,139

 

 

$

(3,139

)

 

$

 

 

$

3,139

 

 

$

(3,139

)

 

$

 

Process technology:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

44,570

 

 

$

(40,346

)

 

$

4,224

 

 

$

44,570

 

 

$

(39,551

)

 

$

5,019

 

Industrial

 

 

87,257

 

 

 

(35,983

)

 

 

51,274

 

 

 

83,456

 

 

 

(31,709

)

 

 

51,747

 

Total

 

$

131,827

 

 

$

(76,329

)

 

$

55,498

 

 

$

128,026

 

 

$

(71,260

)

 

$

56,766

 

Other intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Industrial

 

 

592

 

 

 

(592

)

 

 

 

 

 

554

 

 

 

(524

)

 

 

30

 

Total

 

$

592

 

 

$

(592

)

 

$

 

 

$

554

 

 

$

(524

)

 

$

30

 

Intangible asset with indefinite life:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade name:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Industrial

 

 

64,751

 

 

 

 

 

 

64,751

 

 

 

61,307

 

 

 

 

 

 

61,307

 

Total

 

$

64,751

 

 

$

 

 

$

64,751

 

 

$

61,307

 

 

$

 

 

$

61,307

 

Total intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

326,253

 

 

$

(286,498

)

 

$

39,755

 

 

$

326,253

 

 

$

(275,694

)

 

$

50,559

 

Industrial

 

 

554,769

 

 

 

(154,105

)

 

 

400,664

 

 

 

527,260

 

 

 

(125,456

)

 

 

401,804

 

Consolidated Total

 

$

881,022

 

 

$

(440,603

)

 

$

440,419

 

 

$

853,513

 

 

$

(401,150

)

 

$

452,363

 

Schedule of Finite-Lived Intangible Assets Amortization Expense

Woodward recorded amortization expense associated with intangibles of the following:

 

 

Year Ended September 30,

 

 

 

2024

 

 

2023

 

 

2022

 

Amortization expense

 

$

33,592

 

 

$

37,589

 

 

$

37,609

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Future amortization expense associated with intangibles is expected to be:

Year Ending September 30:

 

 

 

2025

 

$

28,360

 

2026

 

 

28,350

 

2027

 

 

28,297

 

2028

 

 

27,704

 

2029

 

 

26,375

 

Thereafter

 

 

236,582

 

 

$

375,668