Revenue (Tables)

3 Months Ended

Dec. 31, 2021

Revenue From Contract With Customer [Abstract]

Schedule of Revenue Recognition Time

The amount of revenue recognized as point in time or over time follows:

	Three-Months Ended December 31, 2021						Three-Months Ended December 31, 2020
	Aerospace		Industrial		Consolidated		Aerospace		Industrial		Consolidated
Point in time	$	125,645	$	124,992	$	250,637	$	106,967	$	154,195	$	261,162
Over time		210,790		80,159		290,949		214,700		61,757		276,457
Total net sales	$	336,435	$	205,151	$	541,586	$	321,667	$	215,952	$	537,619

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

	December 31, 2021			September 30, 2021
Billed receivables
Trade accounts receivable	$	258,270		$	298,951
Other (Chinese financial institutions)		7,041			23,168
Total billed receivables		265,311			322,119
Current unbilled receivables (contract assets)		244,214			204,596
Total accounts receivable		509,525			526,715
Less: Allowance for uncollectible amounts		(3,309	)		(3,664	)
Total accounts receivable, net	$	506,216		$	523,051

Schedule of Uncollectible Amounts And Change in Expected Allowance for Credit Losses for Trade Accounts Receivable and Unbilled Receivables

The allowance for uncollectible amounts and change in expected credit losses for trade accounts receivable and unbilled receivables (contract assets) consisted of the following:

	Three-Months Ended December 31,
	2021			2020
Balance, beginning	$	3,664		$	8,359
Charged to costs and expenses, or sales allowance		212			88
Deductions		(576	)		(1,171	)
Other additions1		9			223
Balance, ending	$	3,309		$	7,499

(1) Includes effects of foreign exchange rate changes during the period.

Schedule of Contract Liability

Contract liabilities consisted of the following:  

	December 31, 2021				September 30, 2021
	Current		Noncurrent		Current		Noncurrent
Deferred revenue from material rights from GE joint venture formation	$	5,017	$	233,055	$	4,771	$	234,237
Deferred revenue from advanced invoicing and/or prepayments from customers		2,207		62		4,192		290
Liability related to customer supplied inventory		15,771		—		14,169		—
Deferred revenue from material rights related to engineering and development funding		7,070		156,320		6,395		151,797
Net contract liabilities	$	30,065	$	389,437	$	29,527	$	386,324

Schedule of Disaggregation of Revenue

Revenue by primary market for the Aerospace reportable segment was as follows:

	Three-Months Ended December 31,
	2021		2020
Commercial OEM	$	104,826	$	76,081
Commercial aftermarket		86,086		65,515
Defense OEM		105,375		131,263
Defense aftermarket		40,148		48,808
Total Aerospace segment net sales	$	336,435	$	321,667

Revenue by primary market for the Industrial reportable segment was as follows:

	Three-Months Ended December 31,
	2021		2020
Reciprocating engines	$	158,334	$	164,922
Industrial turbines		46,817		51,030
Total Industrial segment net sales	$	205,151	$	215,952

The customers who each account for approximately 10% or more of net sales of each of Woodward’s reportable segments are as follows:

	Three-Months Ended December 31, 2021	Three-Months Ended December 31, 2020
Aerospace	The Boeing Company, General Electric Company, Raytheon Technologies	The Boeing Company, General Electric Company, Raytheon Technologies
Industrial	Rolls-Royce PLC, Wartsila	Rolls-Royce PLC, Weichai Westport, General Electric Company