Business Information

12 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Business Information

Business Information

As discussed more fully in Note 13, 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. The Company identifies itself as one reportable segment, SIFCO, 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 70%, 80% and 79% of consolidated net sales in fiscal 2015, 2014 and 2013, respectively. No other single country represents greater than 10% of consolidated net sales in fiscal 2015, 2014 and 2013. Net sales to unaffiliated customers located in various European countries accounted for 16%, 6% and 4% of consolidated net sales in fiscal 2015, 2014 and 2013, respectively. Net sales to unaffiliated customers located in various Asian countries accounted for 4%, 7% and 7% of consolidated net sales in fiscal 2015, 2014 and 2013, respectively.

During fiscal 2015, severance costs was incurred by the company related to one of its executive officers in the amount of $964.

Substantially all of the Company's operations and identifiable assets are located within the United States with the exception of its non-U.S subsidiaries located in Maniago, Italy (see Note 12 for discussion on acquisition of C*Blade) and Cork, Ireland. The identifiable assets for the Company's foreign subsidiaries as of September 30, 2015 was $45,235 compared with $1,714 as of September 30, 2014. The primary reason for increase is due to the acquisition of C*Blade.

	2015		2014
Long-Lived Assets
United States	$	36,413	35,505
Europe	18,452		1,643
	$	54,865	37,148

At September 30, 2015, approximately 294 of the hourly plant personnel are represented by three separate collective bargaining units. The table below shows the expiration dates of the collective bargaining agreements.

Plant locations	Expiration date
Cleveland, Ohio	May 31, 2020
Alliance, Ohio	July 31, 2017
Maniago, Italy *	December 31, 2015
* Negotiations in process.