Accrued Liabilities (Tables)

12 Months Ended

Sep. 30, 2018



	At September 30,
	2018		2017
Salaries and other member benefits	$	88,643	$	91,285
Warranties		20,130		13,597
Interest payable		18,611		9,626
Current portion of acquired performance obligations and unfavorable contracts (1)		1,627		1,627
Accrued retirement benefits		3,571		2,413
Current portion of loss reserve on contractual lease commitments		1,245		1,343
Current portion of deferred income from JV formation (Note 5)		7,087		6,451
Deferred revenues		2,572		4,625
Restructuring charges		16,522		-
Taxes, other than income		21,128		14,401
Other		13,377		9,704
	$	194,513	$	155,072

(1)

In connection with Woodward’s acquisition of GE Aviation Systems LLC’s (the “Seller”) thrust reverser actuation systems business located in Duarte, California (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. In addition, Woodward assumed current and long-term performance obligations for services to be provided to the Seller and others, partially offset by current and long-term assets related to contractual payments due from the Seller. The current portion of both obligations is included in Accrued liabilities.

Warranties



	Twelve-Months Ended September 30,
	2018		2017		2016
Warranties, beginning of period	$	13,597	$	15,993	$	13,741
Increases due to acquisition of L'Orange		6,045		-		-
Expense, net of recoveries		5,158		9,135		9,902
Reductions for settling warranties		(4,413)		(11,692)		(7,802)
Foreign currency exchange rate changes		(257)		161		152
Warranties, end of period	$	20,130	$	13,597	$	15,993

Loss Reserve On Contractual Lease Commitments [Member]

Accrued Liabilities [Line Items]

Loss Reserve & Restructuring Reserve Activity



	Twelve-Months Ended September 30,
	2018		2017			2016
Loss reserve on contractual lease commitments, beginning of period	$	5,270	$	9,242	$	2,464
Additions		-		-		8,165
Payments		(1,339)		(1,650)		(1,387)
Non-cash adjustments		-		(2,322)		-
Loss reserve on contractual lease commitments, end of period	$	3,931	$	5,270	$	9,242

Employee Severance [Member]

Accrued Liabilities [Line Items]

Loss Reserve & Restructuring Reserve Activity


				Period Activity
	Balances as of October 1, 2017			Charges (gains)	Cash receipts (payments)		Non-cash activity		Balances as of September 30, 2018
Workforce management costs associated with:
Duarte plant relocation	$	-	$	12,504	$	-	$	-	$	12,504
Industrial turbomachinery business realignment		-		4,509		(491)		-		4,018
Total	$	-	$	17,013	$	(491)	$	-	$	16,522