Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 2.02 Results of Operations and Financial Condition
The information contained under item 8.01 is incorporated herein by reference.
Item 8.01 Other Events
Woodward, Inc. (Woodward or the Company) will change the segments used in its financial reporting to reflect a new operating structure using two reporting segments: Aerospace and Energy. This change will be reflected in the reported results for the fourth quarter and full year ended September 30, 2011.
The Aerospace segment designs, produces and services high-performance fuel, air and combustion systems, cockpit controls, and flight and utility surface actuation systems. The Aerospace segments systems and components are on the worlds leading fixed wing and rotorcraft platforms in the commercial, business and military aerospace markets. In addition, the Aerospace segment produces critical motion control systems for weapons and ground defense systems.
Woodwards Energy segment combines the former Engine Systems and Electrical Power Systems segments with the industrial turbine portion of the former Turbine Systems segment.
The Energy segment designs, produces, and services high-performance fuel, air and combustion systems, motion control products, and electrical power conversion and management systems. The Energy segments systems and products control industrial gas and steam turbines, reciprocating engines, compressors, wind turbines, electrical power equipment, and other energy-related industrial equipment.
Attached as Exhibit 99.1 hereto is a press release that contains certain unaudited historical financial results for fiscal years 2009 and 2010, as well as quarterly data for fiscal 2010 and the first three quarters of fiscal 2011, which have been revised to reflect the new segment reporting structure. The segment changes do not impact the companys audited consolidated balance sheet, statement of income, or cash flows.
Item 9.01 Financial Statements and Exhibits
99.1 News Release of Woodward, Inc., dated November 7, 2011.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.