Valuation and Qualifying Accounts

12 Months Ended

Sep. 30, 2025

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, 2025 and 2024

(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, 2025
Deducted from asset accounts
Allowance for credit losses	$	117	$	102	$	—	$	(68)	(a)	$	151
Inventory valuation accounts ¹	2,733		3,014		5		167		(b)	5,919
Inventory LIFO reserve	10,496		401		—		—			10,897
Deferred tax valuation allowance	10,900		116		(364)		—			10,652
Accrual for estimated liability
Workers’ compensation reserve	303		89		—		(191)		(c)	201
Year Ended September 30, 2024
Deducted from asset accounts
Allowance for credit losses	237		(90)		—		(30)		(a)	117
Inventory valuation accounts ¹	2,164		489		—		80		(b)	2,733
Inventory LIFO reserve	9,634		862		—		—			10,496
Deferred tax valuation allowance	9,112		2,000		(212)		—			10,900
Accrual for estimated liability
Workers’ compensation reserve	559		(49)		—		(207)		(c)	303

Note: all historical amounts have been retrospectively adjusted to represent balances and activity from continuing operations.

¹    Inventory valuation accounts 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