Joint Venture (Tables)

6 Months Ended

Mar. 31, 2022

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:

	March 31, 2022		September 30, 2021
Accrued liabilities	$	5,262	$	4,771
Other liabilities		236,913		234,237

Other Income Related JV

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

	Three-Months Ended March 31,				Six-Months Ended March 31,
	2022		2021		2022		2021
Other income	$	4,140	$	3,779	$	8,815	$	6,165

Cash Distribution from JV

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

	Three-Months Ended March 31,				Six-Months Ended March 31,
	2022		2021		2022		2021
Cash distributions	$	6,500	$	3,500	$	9,000	$	7,000

Net Sales to the JV

Net sales to the JV were as follows:  

	Three-Months Ended March 31,				Six-Months Ended March 31,
	2022		2021		2022		2021
Net sales1	$	5,273	$	8,325	$	12,547	$	18,384

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:

	March 31, 2022		September 30, 2021
Accounts receivable	$	6,505	$	3,639
Accounts payable		5,438		2,823
Other assets		6,804		6,988