Business Segments

12 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Business Segments

Business Segment

As discussed more fully in Note 12, on December 10, 2012, the Company divested ASC, a provider of specialized selective plating processes and services used to apply metal coatings to a selective area of a component, and the Company discontinued operations of the Repair Group, a repairer and remanufacturer of small aerospace and industrial turbine engine components as of September 30, 2013. As of September 30, 2013, the Company identifies itself as one reportable segment, SIFCO Forged Components, which is a manufacturer of forgings and machined components for the Aerospace & Energy ("A&E) markets.

Geographic net sales are based on location of customer. The United States of America is the single largest country for unaffiliated customer sales, accounting for 79% and 81% of consolidated net sales in fiscal 2013 and 2012, respectively. No other single country represents greater than 10% of consolidated net sales in fiscal 2013 and 2012. Net sales to unaffiliated customers located in various European countries accounted for 4% and 9% of consolidated net sales in fiscal 2013 and 2012, respectively. Net sales to unaffiliated customers located in various Asian countries accounted for 7% and 6% of consolidated net sales in fiscal 2013 and 2012, respectively.

Substantially all of the Company's operations and identifiable assets are located located within the United States. Identifiable assets for the Company's non-operating Irish subsidiary consist of cash and the Company's Cork, Ireland facility.