Leases (Tables)

3 Months Ended

Dec. 31, 2022

Leases [Abstract]

Lease-Related Assets and Liabilities

Lease-related assets and liabilities were as follows:

	Classification on the Condensed Consolidated Balance Sheets	December 31, 2022		September 30, 2022
Assets:
Operating lease assets	Other assets	$	25,132	$	25,144
Finance lease assets	Property, plant and equipment, net		5,226		5,474
Total lease assets			30,358		30,618
Current liabilities:
Operating lease liabilities	Accrued liabilities		4,730		4,587
Finance lease liabilities	Current portion of long-term debt		1,026		856
Noncurrent liabilities:
Operating lease liabilities	Other liabilities		21,183		21,443
Finance lease liabilities	Long-term debt, less current portion		4,222		4,405
Total lease liabilities		$	31,161	$	31,291

Lease-Related Expenses

Lease-related expenses were as follows:

	Three-Months Ended December 31,
	2022		2021
Operating lease expense	$	1,487	$	1,607
Amortization of finance lease assets		256		79
Interest on finance lease liabilities		34		8
Variable lease expense		210		403
Short-term lease expense		57		40
Sublease (income)1		—		(192	)
Total lease expense	$	2,044	$	1,945

(1)Relates to two separate subleases Woodward entered into for a leased manufacturing building in Niles, Illinois, each of which expired during fiscal year 2022.

Lease-Related Supplemental Cash Flow Information

Lease-related supplemental cash flow information was as follows:

	Three-Months Ended December 31,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	1,360	$	1,343
Operating cash flows for finance leases		34		8
Financing cash flows for finance leases		99		382
Right-of-use assets obtained in exchange for recorded lease obligations:
Operating leases		411		3,082
Finance leases		27		—

Property, Plant and Equipment Leased to Others through Embedded Leasing Arrangements

The carrying amount of property, plant, and equipment leased to others through embedded leasing arrangements, included in “Property, plant, and equipment, net” on the Condensed Consolidated Balance Sheets, follows:

	December 31, 2022			September 30, 2022
Property, plant and equipment leased to others through embedded leasing arrangements	$	47,283		$	44,912
Less accumulated depreciation		(27,238	)		(25,508	)
Property, plant and equipment leased to others through embedded leasing arrangements, net	$	20,045		$	19,404