Goodwill and Intangible Assets (Tables)

9 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets by Major Class Subject to Amortization

The Company’s intangible assets by major asset class subject to amortization consist of:

June 30, 2013	Estimated Useful Life	Original Cost		Accumulated Amortization		Net Book Value
Intangible assets:
Trade name	10 years	$	1,900	$	397	$	1,503
Non-compete agreement	5 years	1,500		589		911
Below market lease	5 years	900		460		440
Customer relationships	10 years	13,000		2,771		10,229
Order backlog	1 year	2,100		2,100		—
Total intangible assets		$	19,400	$	6,317	$	13,083

September 30, 2012	Estimated Useful Life	Original Cost		Accumulated Amortization		Net Book Value
Intangible assets:
Trade name	10 years	$	1,900	$	254	$	1,646
Non-compete agreement	5 years	1,500		364		1,136
Below market lease	5 years	900		325		575
Customer relationships	10 years	13,000		1,796		11,204
Order backlog	1 year	2,100		2,034		66
Total intangible assets		$	19,400	$	4,773	$	14,627

Expected Amortization Expense

Amortization expense associated with the identified intangible assets, all of which relates to SIFCO Forged Components, is expected to be as follows:

	Amortization Expense
Fiscal year 2013	$	2,037
Fiscal year 2014	1,970
Fiscal year 2015	1,970
Fiscal year 2016	1,744
Fiscal year 2017	1,507