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Other Liabilities
3 Months Ended
Dec. 31, 2022
Other Liabilities Noncurrent [Abstract]  
Other Liabilities

Note 17. Other liabilities

 

 

 

December 31,

 

 

September 30,

 

 

 

2022

 

 

2022

 

Net accrued retirement benefits, less amounts recognized within accrued liabilities

 

$

74,846

 

 

$

70,168

 

Total unrecognized tax benefits

 

 

7,360

 

 

 

9,757

 

Noncurrent income taxes payable

 

 

14,329

 

 

 

14,329

 

Deferred economic incentives (1)

 

 

6,741

 

 

 

7,029

 

Noncurrent operating lease liabilities

 

 

21,183

 

 

 

21,443

 

Net noncurrent contract liabilities

 

 

401,610

 

 

 

396,345

 

Other

 

 

10,225

 

 

 

10,185

 

 

 

$

536,294

 

 

$

529,256

 

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.