Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Mar. 31, 2021

Derivative Instruments And Hedges [Abstract]

Impact of Derivative Instruments on Earnings

The following table discloses the impact of derivative instruments designated as qualifying hedging instruments on Woodward’s Condensed Consolidated Statements of Earnings:

		Three-Months Ended
		March 31, 2021
Derivatives in:	Location	Amount of (Income) Expense Recognized in Earnings on Derivative			Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative			Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	(1,660	)	$	(1,401	)	$	(1,660	)
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		(19,023	)		(7,491	)		(19,023	)
		$	(20,683	)	$	(8,892	)	$	(20,683	)

		Three-Months Ended
		March 31, 2020
Derivatives in:	Location	Amount of (Income) Expense Recognized in Earnings on Derivative			Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative			Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	(2,043	)	$	(1,523	)	$	(1,646	)
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		(5,598	)		(43,775	)		(5,598	)
Treasury lock agreement designated as cash flow hedge	Interest expense		(18	)		—			(18	)
		$	(7,659	)	$	(45,298	)	$	(7,262	)

		Six-Months Ended
		March 31, 2021
Derivatives in:	Location	Amount of (Income) Expense Recognized in Earnings on Derivative		Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative		Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	190	$	262	$	190
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		87		21,504		87
		$	277	$	21,766	$	277

		Six-Months Ended
		March 31, 2020
Derivatives in:	Location	Amount of (Income) Expense Recognized in Earnings on Derivative			Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative			Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	233		$	2,075		$	1,037
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		3,393			(36,079	)		3,393
Treasury lock agreement designated as cash flow hedge	Interest expense		(36	)		—			(36	)
		$	3,590		$	(34,004	)	$	4,394