Goodwill

3 Months Ended

Dec. 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill

Note 13.  Goodwill

	September 30, 2020		Effects of Foreign Currency Translation		December 31, 2020
Aerospace	$	455,423	$	—	$	455,423
Industrial		352,829		13,357		366,186
Consolidated	$	808,252	$	13,357	$	821,609

Woodward tests goodwill for impairment during the fourth quarter of each fiscal year, and at any time there is an indication goodwill is more-likely-than-not impaired, commonly referred to as triggering events.  Woodward’s fourth quarter of fiscal year 2020 impairment test resulted in no impairment.  

During the three-months ended December 31, 2019, Woodward determined that the approved plan to divest of the disposal group represented a triggering event requiring the long-lived assets attributable to the disposal group be assessed for impairment.  Given the facts and circumstances at the time, Woodward determined that the remaining value of the goodwill of the disposal group was not recoverable, and an $8,640 non-cash impairment charge was recorded during fiscal year 2020.