Joint Venture (Tables)

3 Months Ended

Dec. 31, 2020

Equity Method Investments And Joint Ventures [Abstract]

Unamortized Deferred Revenue from JV

Unamortized deferred revenue from material rights in connection with the JV formation included:

	December 31, 2020		September 30, 2020
Accrued liabilities	$	4,242	$	4,066
Other liabilities		232,882		234,240

Other Income Related JV

Other income related to Woodward’s equity interest in the earnings of the JV was as follows:

	Three-Months Ended December 31,
	2020		2019
Other income	$	2,386	$	3,212

Cash Distribution from JV

Cash distributions to Woodward from the JV, recognized in Net cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows, were as follows:

	Three-Months Ended December 31,
	2020		2019
Cash distributions	$	3,500	$	3,000

Net Sales to the JV

Net sales to the JV were as follows:  

	Three-Months Ended December 31,
	2020		2019
Net sales1	$	10,059	$	14,878

Accounts Receivable, Accounts Payable, and Other Assets Related to JV

The Condensed Consolidated Balance Sheets include “Accounts receivable” related to amounts the JV owed Woodward, “Accounts payable” related to amounts Woodward owed the JV, and “Other assets” related to Woodward’s net investment in the JV, as follows:

	December 31, 2020		September 30, 2020
Accounts receivable	$	2,892	$	3,062
Accounts payable		1,478		1,502
Other assets		8,009		9,123