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Valuation and Qualifying Accounts | 12 Months Ended
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Sep. 30, 2012
Valuation and Qualifying Accounts [Abstract] |
Valuation and Qualifying Accounts | Valuation and Qualifying Accounts Schedule II SIFCO Industries, Inc. and Subsidiaries Valuation and Qualifying Accounts Years Ended September 30, 2012 and 2011 (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, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deducted from asset accounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | 664 |  |  | $ | 164 |  |  | $ | 108 |  |  | $ | (322 | )(a) |  | $ | 614 |
Inventory obsolescence reserve |  |  | 1,398 |  |  |  | 32 |  |  |  | 365 |  |  |  | (77 | )(b) |  |  | 1,718 |
Inventory LIFO reserve |  |  | 7,974 |  |  |  | 1,563 |  |  |  | 0 |  |  |  | 0 |  |  |  | 9,537 |
Asset impairment reserve |  |  | 1,152 |  |  |  | 0 |  |  |  | 0 |  |  |  | (106 | )(c) |  |  | 1,046 |
Deferred tax valuation allowance |  |  | 452 |  |  |  | 127 |  |  |  | 0 |  |  |  | 0 |  |  |  | 579 |
Accrual for estimated liability |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Workers’ compensation reserve |  |  | 674 |  |  |  | 170 |  |  |  | (6 | ) |  |  | (170 | )(d) |  |  | 668 |
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 |
(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

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- Definition The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 09 -Article 12 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24092-122690 + Details
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