Valuation and Qualifying Accounts

12 Months Ended

Sep. 30, 2016

Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

Schedule II

SIFCO Industries, Inc. and Subsidiaries

Valuation and Qualifying Accounts

Years Ended September 30, 2016 and 2015

(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, 2016
Deducted from asset accounts
Allowance for doubtful accounts	$	1,127	359			(199		)	(581		)	(a)	$	706
Inventory obsolescence reserve	3,022		571			—			(285		)	(b)	$	3,308
Inventory LIFO reserve	8,508		(482		)	—			—				$	8,026
Deferred tax valuation allowance	1,095		3,304			—			—				$	4,399
Accrual for estimated liability
Workers’ compensation reserve	688		157			—			(521		)	(c)	$	324
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		)	(c)	688

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

(b) Inventory sold or otherwise disposed

(c) Payment of workers’ compensation claims