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Valuation And Qualifying Accounts
12 Months Ended
Sep. 30, 2011
Valuation And Qualifying Accounts [Abstract]  
Valuation And Qualifying Accounts

Schedule II

SIFCO Industries, Inc. and Subsidiaries

Valuation and Qualifying Accounts

Years Ended September 30, 2011 and 2010

(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, 2011

            

Deducted from asset accounts

            

Allowance for doubtful accounts

   $ 582       $ 196      $ 19       $ (133 ) (a)    $ 664   

Inventory obsolescence reserve

     1,191         171        267         (231 ) (b)      1,398   

Inventory LIFO reserve

     7,495         479        0         0        7,974   

Asset impairment reserve

     933         219        0         0  (c)      1,152   

Deferred tax valuation allowance

     464         (12     0         0        452   

Accrual for estimated liability

            

Workers' compensation reserve

     945         20        30         (321 ) (d)      674   

Year Ended September 30, 2010

            

Deducted from asset accounts

            

Allowance for doubtful accounts

   $ 633       $ 185      $ 0       $ (236 ) (a)    $ 582   

Inventory obsolescence reserve

     1,318         162        0         (289 ) (b)      1,191   

Inventory LIFO reserve

     7,320         175        0         0        7,495   

Asset impairment reserve

     933         0        0         0  (c)      933   

Deferred tax valuation allowance

     467         (3     0         0        464   

Accrual for estimated liability

            

Workers' compensation reserve

     1,260         51        0         (366 ) (d)      945   

 

(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