Valuation and Qualifying Accounts

12 Months Ended

Sep. 30, 2018

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

Schedule II

SIFCO Industries, Inc. and Subsidiaries

Valuation and Qualifying Accounts

Years Ended September 30, 2018 and 2017

(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, 2018
Deducted from asset accounts
Allowance for doubtful accounts	$	330	415			(39		)	(186		)	(a)	$	520
Inventory obsolescence reserve	3,859		177			(30		)	(127		)	(b)	$	3,879
Inventory LIFO reserve	8,319		560			—			—				$	8,879
Deferred tax valuation allowance	9,597		(968		)	(229		)	—				$	8,400
Accrual for estimated liability
Workers’ compensation reserve	237		(132		)	—			31			(c)	$	136
Year Ended September 30, 2017
Deducted from asset accounts
Allowance for doubtful accounts	$	706	$	77		$	8		$	(461	)	(a)	$	330
Inventory obsolescence reserve	3,308		657			91			(197		)	(b)	3,859
Inventory LIFO reserve	8,026		293			—			—				8,319
Deferred tax valuation allowance	4,399		6,117			(919		)	—				9,597
Accrual for estimated liability
Workers’ compensation reserve	324		234			1			(322		)	(c)	237

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

(b) Inventory sold or otherwise disposed

(c) Payment of workers’ compensation claims