

	December 31,		September 30,
	2018		2018
Net accrued retirement benefits, less amounts recognized within accrued liabilities	$	89,503	$	90,722
Total unrecognized tax benefits		9,015		8,582
Noncurrent income taxes payable		12,494		12,494
Acquired unfavorable contracts (1)		-		54
Deferred economic incentives (2)		12,662		13,038
Loss reserve on contractual lease commitments (3)		2,569		2,686
Cross currency swap derivative liability (4)		4,437		23,000
Net noncurrent contract liabilities (5)		319,230		235,300
Other		10,552		12,179
	$	460,462	$	398,055

(1)

In connection with the Duarte Acquisition in fiscal year 2013, Woodward assumed current and long-term 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.

(2)

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.

(3)

See Note 15, Accrued liabilities for more information on the loss reserve on contractual lease commitments.

(4)

See Note 7, Financial instruments and fair value measurements for more information on the cross currency swap derivative liability.

(5)

See Note 3, Revenue, for more information on net noncurrent contract liabilities.