XML 74 R57.htm IDEA: XBRL DOCUMENT v3.24.3
Segment Information (Tables)
12 Months Ended
Sep. 30, 2024
Entity Wide Revenue Major Customer [Line Items]  
Summary of Consolidated Net Sales and Earnings by Segment

A summary of consolidated net sales and earnings by segment follows:

 

 

Year Ended September 30,

 

 

 

2024

 

 

2023

 

 

2022

 

Segment external net sales:

 

 

 

 

 

 

 

 

 

Aerospace

 

$

2,028,618

 

 

$

1,768,103

 

 

$

1,519,322

 

Industrial

 

 

1,295,631

 

 

 

1,146,463

 

 

 

863,468

 

Total consolidated net sales

 

$

3,324,249

 

 

$

2,914,566

 

 

$

2,382,790

 

Segment earnings:

 

 

 

 

 

 

 

 

 

Aerospace

 

$

385,360

 

 

$

290,104

 

 

$

230,933

 

Industrial

 

 

229,857

 

 

 

161,622

 

 

 

82,788

 

Nonsegment expenses

 

 

(119,745

)

 

 

(130,811

)

 

 

(81,092

)

Interest Expense, net

 

 

(41,501

)

 

 

(45,147

)

 

 

(32,731

)

Consolidated earnings before income taxes

 

$

453,971

 

 

$

275,768

 

 

$

199,898

 

Summary of Consolidated Total Assets, Depreciation and Amortization, and Capital Expenditures by Segment

Segment assets consist of accounts receivable, inventories, property, plant, and equipment, net, goodwill, and other intangibles, net. A summary of consolidated total assets, consolidated depreciation and amortization, and consolidated capital expenditures follows:

 

 

Year Ended September 30,

 

 

 

2024

 

 

2023

 

 

2022

 

Segment assets:

 

 

 

 

 

 

 

 

 

Aerospace

 

$

1,936,507

 

 

$

1,829,410

 

 

$

1,773,854

 

Industrial

 

 

1,509,495

 

 

 

1,490,341

 

 

 

1,380,446

 

Unallocated corporate property, plant and equipment, net

 

 

120,946

 

 

 

104,962

 

 

 

111,760

 

Other unallocated assets

 

 

801,967

 

 

 

585,490

 

 

 

540,386

 

Consolidated total assets

 

$

4,368,915

 

 

$

4,010,203

 

 

$

3,806,446

 

 

 

 

 

 

 

 

 

 

Segment depreciation and amortization:

 

 

 

 

 

 

 

 

 

Aerospace

 

$

55,305

 

 

$

59,880

 

 

$

60,176

 

Industrial

 

 

49,779

 

 

 

51,167

 

 

 

50,584

 

Unallocated corporate amounts

 

 

11,086

 

 

 

8,696

 

 

 

9,868

 

Consolidated depreciation and amortization

 

$

116,170

 

 

$

119,743

 

 

$

120,628

 

 

 

 

 

 

 

 

 

 

Segment capital expenditures:

 

 

 

 

 

 

 

 

 

Aerospace

 

$

55,989

 

 

$

56,913

 

 

$

23,253

 

Industrial

 

 

41,930

 

 

 

21,855

 

 

 

12,399

 

Unallocated corporate amounts

 

 

(1,639

)

 

 

(2,268

)

 

 

17,216

 

Consolidated capital expenditures

 

$

96,280

 

 

$

76,500

 

 

$

52,868

 

U.S. Government Related [Member]  
Entity Wide Revenue Major Customer [Line Items]  
U.S. Government Related Sales by Segment

U.S. Government related sales from Woodward’s reportable segments were as follows:

 

 

Direct U.S.
Government
Sales

 

 

Indirect U.S.
Government
Sales

 

 

Total U.S.
Government
Related Sales

 

Fiscal year ended September 30, 2024

 

 

 

 

 

 

 

 

 

Aerospace

 

$

107,978

 

 

$

443,370

 

 

$

551,348

 

Industrial

 

 

9,039

 

 

 

10,273

 

 

 

19,312

 

Total net external sales

 

$

117,017

 

 

$

453,643

 

 

$

570,660

 

Percentage of total net sales

 

 

3

%

 

 

14

%

 

 

17

%

 

 

 

 

 

 

 

 

 

Fiscal year ended September 30, 2023

 

 

 

 

 

 

 

 

 

Aerospace

 

$

99,848

 

 

$

363,835

 

 

$

463,683

 

Industrial

 

 

7,524

 

 

 

14,840

 

 

 

22,364

 

Total net external sales

 

$

107,372

 

 

$

378,675

 

 

$

486,047

 

Percentage of total net sales

 

 

4

%

 

 

13

%

 

 

17

%

 

 

 

 

 

 

 

 

 

Fiscal year ended September 30, 2022

 

 

 

 

 

 

 

 

 

Aerospace

 

$

93,266

 

 

$

433,646

 

 

$

526,912

 

Industrial

 

 

4,759

 

 

 

6,052

 

 

 

10,811

 

Total net external sales

 

$

98,025

 

 

$

439,698

 

 

$

537,723

 

Percentage of total net sales

 

 

4

%

 

 

19

%

 

 

23

%