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Business Segments
 9 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Business Segments
Business Segments
The Company identifies reportable segments based upon distinct products manufactured and services performed. SIFCO Forged Components (“Forge Group”) consists of the production, heat-treatment, surface-treatment, non-destructive testing and some machining of both conventional and precision forged components in various steel, titanium and aluminum alloys utilizing a variety of processes for application principally in the aerospace and power generation industries. Turbine Component Services and Repair (“Repair Group”) consists primarily of the repair and remanufacture of small aerospace and industrial turbine engine components, and is also involved in providing precision component machining and industrial coating of turbine engine components. The Company’s reportable segments are separately managed.
The following table summarizes certain information regarding segments of the Company’s continuing operations:
 
Three Months Ended
June 30,
 
Nine Months Ended 
 June 30,
 
2013
 
2012
 
2013
 
2012
Net sales:
 
 
 
 
 
 
 
SIFCO Forged Components
$
28,672

 
$
25,650

 
$
84,121

 
$
76,500

Turbine Component Services and Repair
1,612

 
1,628

 
4,457

 
5,647

Consolidated net sales
$
30,284

 
$
27,278

 
$
88,578

 
$
82,147

Operating income (loss):
 
 
 
 
 
 
 
SIFCO Forged Components
$
5,457

 
$
4,137

 
$
12,740

 
$
9,931

Turbine Component Services and Repair
(561
)
 
(393
)
 
(1,659
)
 
(854
)
Corporate unallocated expenses
(1,265
)
 
(827
)
 
(4,044
)
 
(2,733
)
Consolidated operating income
3,631

 
2,917

 
7,037

 
6,344

Interest expense, net
72

 
116

 
243

 
336

Foreign currency exchange (gain) loss, net
7

 
(19
)
 
7

 
(22
)
Other income, net
(108
)
 
(113
)
 
(294
)
 
(347
)
Consolidated income from continuing operations before income tax provision
$
3,660

 
$
2,933

 
$
7,081

 
$
6,377

Depreciation and amortization expense:
 
 
 
 
 
 
 
SIFCO Forged Components
$
1,289

 
$
1,477

 
$
3,950

 
$
4,269

Turbine Component Services and Repair
99

 
86

 
260

 
250

Corporate unallocated expenses
91

 
74

 
255

 
222

Consolidated depreciation and amortization expense
$
1,479

 
$
1,637

 
$
4,465

 
$
4,741

LIFO expense (income) for SIFCO Forged Components
$
(380
)
 
$
214

 
$
(787
)
 
$
643


 
 
June 30, 
 2013
 
September 30,
2012
Identifiable assets:
 
 
 
SIFCO Forged Components
$
87,398

 
$
84,519

Turbine Component Services and Repair
3,620

 
3,480

Corporate
10,878

 
12,063

Assets of business held for sale
—

 
6,483

Consolidated total assets
$
101,896

 
$
106,545