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Retirement Benefits (Tables)
3 Months Ended
Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Amount of Expense Associated with Defined Contribution Plans

The amount of expense associated with defined contribution plans was as follows:

 

 

Three-Months Ended

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Company costs

 

$

8,036

 

 

$

8,704

 

 

Schedule of Estimated Remaining Cash Contributions Woodward estimates its remaining cash contributions in fiscal year 2021 will be as follows:

Retirement pension benefits:

 

 

 

 

United States

 

$

 

United Kingdom

 

 

512

 

Japan

 

 

 

Germany

 

 

868

 

Other postretirement benefits

 

 

3,075

 

 

Schedule of Amounts of Contributions Associated with Multiemployer Defined Benefit Plans The amounts of contributions associated with the multiemployer defined benefit plans were as follows:

 

 

Three-Months Ended

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Company contributions

 

$

68

 

 

$

70

 

 

 

Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Periodic Benefit Costs

The components of the net periodic retirement pension costs recognized are as follows:

 

 

Three-Months Ended December 31,

 

 

 

United States

 

 

Other Countries

 

 

Total

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

432

 

 

$

415

 

 

$

729

 

 

$

710

 

 

$

1,161

 

 

$

1,125

 

Interest cost

 

 

1,239

 

 

 

1,398

 

 

 

333

 

 

 

321

 

 

 

1,572

 

 

 

1,719

 

Expected return on plan assets

 

 

(3,536

)

 

 

(3,087

)

 

 

(602

)

 

 

(832

)

 

 

(4,138

)

 

 

(3,919

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss

 

 

135

 

 

 

358

 

 

 

228

 

 

 

261

 

 

 

363

 

 

 

619

 

Prior service cost

 

 

242

 

 

 

234

 

 

 

6

 

 

 

6

 

 

 

248

 

 

 

240

 

Net periodic retirement pension (benefit) cost

 

$

(1,488

)

 

$

(682

)

 

$

694

 

 

$

466

 

 

$

(794

)

 

$

(216

)

Contributions paid

 

$

 

 

$

 

 

$

543

 

 

$

1,131

 

 

$

543

 

 

$

1,131

 

 

Other Postretirement Benefit Plans [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Periodic Benefit Costs

The components of the net periodic other postretirement benefit costs recognized are as follows:

 

 

Three-Months Ended

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Service cost

 

$

 

 

$

1

 

Interest cost

 

 

150

 

 

 

195

 

Amortization of:

 

 

 

 

 

 

 

 

Net actuarial loss

 

 

7

 

 

 

12

 

Prior service cost (benefit)

 

 

 

 

 

1

 

Net periodic other postretirement cost

 

$

157

 

 

$

209

 

Contributions paid

 

$

38

 

 

$

345