Valuation and Qualifying Accounts

12 Months Ended

Sep. 30, 2015

Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

Schedule II

SIFCO Industries, Inc. and Subsidiaries

Valuation and Qualifying Accounts

Years Ended September 30, 2015, 2014 and 2013

(Amounts in thousands)

	Balance at Beginning of Period		Additions (Reductions) Charged to Expense			Additions (Reductions) Charged to Other Accounts			Deductions				Balance at End of Period
Year Ended September 30, 2015
Deducted from asset accounts
Allowance for doubtful accounts	$	333	487			307			—			(a)	$	1,127
Inventory obsolescence reserve	1,407		138			1,804			(327		)	(b)	$	3,022
Inventory LIFO reserve	7,879		629			—			—				$	8,508
Deferred tax valuation allowance	822		273			—			—				$	1,095
Accrual for estimated liability
Workers’ compensation reserve	937		626			(326		)	(549		)	(d)	$	688
Year Ended September 30, 2014
Deducted from asset accounts
Allowance for doubtful accounts	$	481	$	9		$	1		$	(158	)	(a)	$	333
Inventory obsolescence reserve	1,394		131			(118		)	—			(b)	1,407
Inventory LIFO reserve	7,977		(98		)	—			—				7,879
Asset impairment reserve	72		—			(72		)	—			(c)	—
Deferred tax valuation allowance	718		104			—			—				822
Accrual for estimated liability
Workers’ compensation reserve	744		515			—			(322		)	(d)	937
Year Ended September 30, 2013
Deducted from asset accounts
Allowance for doubtful accounts	$	500	$	81		$	47		$	(147	)	(a)	$	481
Inventory obsolescence reserve	1,192		520			(318		)	—			(b)	1,394
Inventory LIFO reserve	9,537		(1,560		)	—			—				7,977
Asset impairment reserve	757		72			—			(757		)	(c)	72
Deferred tax valuation allowance	579		139			—			—				718
Accrual for estimated liability
Workers’ compensation reserve	663		82			—			(1		)	(d)	744

(a) Accounts determined to be uncollectible, net of recoveries

(b) Inventory sold or otherwise disposed

(c) Equipment sold or otherwise disposed

(d) Payment of workers’ compensation claims