Accrued Liabilities

9 Months Ended

Jun. 30, 2021

Accrued Liabilities Current [Abstract]

Accrued Liabilities

Note 16.  Accrued liabilities

	June 30,		September 30,
	2021		2020
Salaries and other member benefits	$	59,157	$	50,850
Warranties		17,414		18,972
Interest payable		5,399		15,281
Accrued retirement benefits		3,029		3,051
Restructuring charges		—		3,395
Taxes, other than income		22,483		13,925
Net current contract liabilities		29,522		24,620
Other		26,576		21,700
	$	163,580	$	151,794

Warranties

Provisions of Woodward’s sales agreements include product warranties customary to these types of agreements.  Accruals are established for specifically identified warranty issues that are probable to result in future costs.  Warranty costs are accrued as revenue is recognized on a non-specific basis whenever past experience indicates a normal and predictable pattern exists.  

Changes in accrued product warranties were as follows:

	Three-Months Ended June 30,						Nine-Months Ended June 30,
	2021			2020			2021			2020
Warranties, beginning of period	$	18,576		$	21,770		$	18,972		$	27,309
Expense, net of recoveries		(798	)		2,407			214			6,189
Reductions for settlement of previous warranty liabilities		(477	)		(2,874	)		(1,928	)		(12,328	)
Foreign currency exchange rate changes		113			77			156			210
Warranties, end of period	$	17,414		$	21,380		$	17,414		$	21,380

Restructuring charges

During the third quarter of fiscal year 2020, the Company committed to a plan of termination (the “Termination Plan”) in response to the ongoing global economic challenges resulting from the COVID-19 pandemic and its impact on the Company’s business. The Termination Plan involved the termination and/or furlough of employees and contractors at certain of the Company’s operating facilities, primarily in the United States. As a result of the Termination Plan, the Company incurred $23,673 of restructuring charges related to employee severance and benefits costs as of September 30, 2020.  All of the restructuring charges recorded during the fiscal year ended September 30, 2020 were recorded as nonsegment expenses.

The summary of activity in accrued restructuring charges during the nine-months ended June 30, 2021 and 2020 are as follows:

			Period Activity
	Balances as of September 30, 2020		Charges		Payments			Foreign currency exchange rate changes		Non-cash activity			Balances as of June 30, 2021
Workforce management costs associated with:
COVID-19 pandemic	$	3,395	$	—	$	(2,409	)	$	180	$	(1,166	)	$	—
Total	$	3,395	$	—	$	(2,409	)	$	180	$	(1,166	)	$	—

			Period Activity
	Balances as of September 30, 2019		Charges		Payments			Foreign currency exchange rate changes			Non-cash activity		Balances as of June 30, 2020
Workforce management costs associated with:
Duarte plant relocation	$	440	$	—	$	(440	)	$	—		$	—	$	—
Industrial turbomachinery business realignment		67		—		(67	)		—			—		—
COVID-19 pandemic		—		19,040		(14,052	)		(10	)		—		4,978
Total	$	507	$	19,040	$	(14,559	)	$	(10	)	$	—	$	4,978