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Retirement Benefits (Tables)
9 Months Ended
Jun. 30, 2021
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

 

 

Nine-Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Company costs

 

$

8,647

 

 

$

8,005

 

 

$

25,180

 

 

$

25,619

 

 

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

 

 

3

 

Japan

 

 

 

Germany

 

 

217

 

Other postretirement benefits

 

 

1,503

 

 

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 June 30,

 

 

 

United States

 

 

Other Countries

 

 

Total

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

433

 

 

$

414

 

 

$

737

 

 

$

706

 

 

$

1,170

 

 

$

1,120

 

Interest cost

 

 

1,240

 

 

 

1,398

 

 

 

345

 

 

 

313

 

 

 

1,585

 

 

 

1,711

 

Expected return on plan assets

 

 

(3,536

)

 

 

(3,087

)

 

 

(632

)

 

 

(690

)

 

 

(4,168

)

 

 

(3,777

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss

 

 

136

 

 

 

358

 

 

 

237

 

 

 

257

 

 

 

373

 

 

 

615

 

Prior service cost

 

 

242

 

 

 

234

 

 

 

6

 

 

 

5

 

 

 

248

 

 

 

239

 

Net periodic retirement pension (benefit) cost

 

$

(1,485

)

 

$

(683

)

 

$

693

 

 

$

591

 

 

$

(792

)

 

$

(92

)

Contributions paid

 

$

 

 

$

 

 

$

490

 

 

$

335

 

 

$

490

 

 

$

335

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine-Months Ended June 30,

 

 

 

United States

 

 

Other Countries

 

 

Total

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

1,297

 

 

$

1,244

 

 

$

2,202

 

 

$

2,124

 

 

$

3,499

 

 

$

3,368

 

Interest cost

 

 

3,718

 

 

 

4,193

 

 

 

1,021

 

 

 

953

 

 

 

4,739

 

 

 

5,146

 

Expected return on plan assets

 

 

(10,608

)

 

 

(9,260

)

 

 

(1,859

)

 

 

(2,230

)

 

 

(12,467

)

 

 

(11,490

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss

 

 

406

 

 

 

1,073

 

 

 

699

 

 

 

778

 

 

 

1,105

 

 

 

1,851

 

Prior service cost

 

 

727

 

 

 

702

 

 

 

18

 

 

 

17

 

 

 

745

 

 

 

719

 

Net periodic retirement pension (benefit) cost

 

$

(4,460

)

 

$

(2,048

)

 

$

2,081

 

 

$

1,642

 

 

$

(2,379

)

 

$

(406

)

Contributions paid

 

$

 

 

$

 

 

$

1,708

 

 

$

2,067

 

 

$

1,708

 

 

$

2,067

 

 

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

 

 

Nine-Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

 

 

$

1

 

 

$

1

 

 

$

2

 

Interest cost

 

 

150

 

 

 

195

 

 

 

449

 

 

 

586

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss

 

 

7

 

 

 

12

 

 

 

22

 

 

 

35

 

Prior service cost

 

 

 

 

 

1

 

 

 

1

 

 

 

2

 

Net periodic other postretirement cost

 

$

157

 

 

$

209

 

 

$

473

 

 

$

625

 

Contributions paid

 

$

632

 

 

$

851

 

 

$

1,610

 

 

$

1,372