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Valuation and Qualifying Accounts
12 Months Ended
Sep. 30, 2022
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, 2022 and 2021
(Amounts in thousands)
 
Balance at
Beginning
of Period
Additions
(Reductions)
Charged to
Expense
Additions
(Reductions)
Charged to
Other
Accounts
DeductionsBalance at
End of
Period
Year Ended September 30, 2022
Deducted from asset accounts
Allowance for doubtful accounts$167 $(3)$— $(53)(a)$111 
Inventory valuation accounts¹3,769 1,983 11 (679)(b)5,084 
Inventory LIFO reserve9,210 729 — — 9,939 
Deferred tax valuation allowance4,641 3,360 (284)— 7,717 
Accrual for estimated liability
Workers’ compensation reserve888 741 — (717)(c)912 
Year Ended September 30, 2021
Deducted from asset accounts
Allowance for doubtful accounts249 (91)— (a)167 
Inventory valuation accounts¹3,676 275 (180)(2)(b)3,769 
Inventory LIFO reserve8,286 924 — —   9,210 
Deferred tax valuation allowance5,329 345 (1,033)—   4,641 
Accrual for estimated liability
Workers’ compensation reserve546 1,241 (53)(846)(c)888 
¹Inventory valuation accounts, previously Inventory obsolescence reserve, reflect the impact of excess and obsolete and net realizable value inventory write downs.

(a) Accounts determined to be uncollectible, net of recoveries
(b) Inventory sold or otherwise disposed
(c) Payment of workers’ compensation claims