Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Dec. 31, 2020

Derivative Instruments And Hedges [Abstract]

Impact of Derivative Instruments on Earnings

The following table discloses the impact of derivative instruments designated as qualifying hedging instruments on Woodward’s Condensed Consolidated Statements of Earnings:

		Three-Months Ended
		December 31, 2020
Derivatives in:	Location	Amount of (Income) Expense Recognized in Earnings on Derivative		Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative		Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings
Cross currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	1,850	$	1,663	$	1,850
Cross currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		19,110		28,995		19,110
		$	20,960	$	30,658	$	20,960

		Three-Months Ended
		December 31, 2019
Derivatives in:	Location	Amount of (Income) Expense Recognized in Earnings on Derivative			Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative		Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings
Cross currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	2,276		$	3,598	$	2,683
Cross currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		8,991			7,696		8,991
Treasury lock agreement designated as cash flow hedge	Interest expense		(18	)		—		(18	)
		$	11,249		$	11,294	$	11,656