

	June 30,		September 30,
	2017		2016
Net accrued retirement benefits, less amounts recognized within accrued liabilities	$	69,482	$	70,479
Noncurrent portion of deferred income from JV formation (1)		238,866		238,187
Total unrecognized tax benefits, net of offsetting adjustments		9,157		17,239
Acquired unfavorable contracts (2)		2,728		3,148
Deferred economic incentives (3)		14,950		16,196
Loss reserve on contractual lease commitments (4)		3,851		7,402
Other		13,180		15,573
	$	352,214	$	368,224

(1)

See Note 4, Joint venture for more information on the deferred income from JV formation.

(2)

In connection with the Duarte Acquisition in fiscal year 2013, Woodward assumed current and long-term performance obligations for contractual commitments that are expected to result in future economic losses. The long-term portion of the acquired unfavorable contracts is included in Other liabilities.

(3)

Woodward receives certain economic incentives from various state and local authorities related to capital expansion projects. Such amounts are initially recorded as deferred credits and are being recognized as a reduction to pre-tax expense over the economic lives of the related capital expansion projects.

(4)

See Note 14, Accrued liabilities for more information on the loss reserve on contractual lease commitments.