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10-Q Filing

SIFCO INDUSTRIES INC CIK: 90168 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001193125-13-047732
Period End Date 20121231
Filing Date 20130211
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance sif-20121231.xml
Filing Contents
Balance Sheet 72 line items
Line Item Tag Value Unit Period
Serial preferred shares, no par value PreferredStockNoParValue - USD Point-in-time
Serial preferred shares, no par value PreferredStockNoParValue - USD Point-in-time
Serial preferred shares, shares authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Serial preferred shares, shares authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.78M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.43M USD Point-in-time
Common shares, par value CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.18M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.55M USD Point-in-time
Common shares, par value CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Receivables, net ReceivablesNetCurrent $20.78M USD Point-in-time
Common shares, shares authorized CommonStockSharesAuthorized 10.00M shares Point-in-time
Receivables, net ReceivablesNetCurrent $18.91M USD Point-in-time
Common shares, shares authorized CommonStockSharesAuthorized 10.00M shares Point-in-time
Inventories, net InventoryNet $19.26M USD Point-in-time
Common shares, shares issued CommonStockSharesIssued 5.37M shares Point-in-time
Inventories, net InventoryNet $17.50M USD Point-in-time
Common shares, shares issued CommonStockSharesIssued 5.37M shares Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 5.37M shares Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $1.42M USD Point-in-time
Common shares, shares outstanding CommonStockSharesOutstanding 5.37M shares Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $1.34M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.47M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.12M USD Point-in-time
Current assets of business held for sale AssetsHeldForSaleCurrent $3.91M USD Point-in-time
Current assets of business held for sale AssetsHeldForSaleCurrent - USD Point-in-time
Total current assets AssetsCurrent $51.91M USD Point-in-time
Total current assets AssetsCurrent $46.53M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $29.50M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $29.73M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $14.63M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $14.07M USD Point-in-time
Goodwill Goodwill $7.01M USD Point-in-time
Goodwill Goodwill $7.01M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.69M USD Point-in-time
Other assets OtherAssetsNoncurrent $695.00K USD Point-in-time
Noncurrent assets of business held for sale AssetsHeldForSaleOtherNoncurrent - USD Point-in-time
Noncurrent assets of business held for sale AssetsHeldForSaleOtherNoncurrent $2.58M USD Point-in-time
Total assets Assets $106.55M USD Point-in-time
Total assets Assets $98.80M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $4.36M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $2.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.55M USD Point-in-time
Accounts payable AccountsPayableCurrent $9.18M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $7.25M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $4.33M USD Point-in-time
Current liabilities of business held for sale LiabilitiesOfAssetsHeldForSaleCurrent $1.17M USD Point-in-time
Current liabilities of business held for sale LiabilitiesOfAssetsHeldForSaleCurrent - USD Point-in-time
Total current liabilities LiabilitiesCurrent $20.16M USD Point-in-time
Total current liabilities LiabilitiesCurrent $16.68M USD Point-in-time
Long-term debt, net of current maturities LongTermDebtNoncurrent $6.19M USD Point-in-time
Long-term debt, net of current maturities LongTermDebtNoncurrent $19.68M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $1.15M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $304.00K USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $8.60M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $8.49M USD Point-in-time
Noncurrent liabilities of business held for sale LiabilitiesOfAssetsHeldForSaleNoncurrent $390.00K USD Point-in-time
Noncurrent liabilities of business held for sale LiabilitiesOfAssetsHeldForSaleNoncurrent - USD Point-in-time
Serial preferred shares, no par value, authorized 1,000 shares PreferredStockValue - USD Point-in-time
Serial preferred shares, no par value, authorized 1,000 shares PreferredStockValue - USD Point-in-time
Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares - 5,366 at December 31, 2012 and September 30, 2012 CommonStockValue $5.37M USD Point-in-time
Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares - 5,366 at December 31, 2012 and September 30, 2012 CommonStockValue $5.37M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $7.55M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $7.52M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $59.60M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $63.01M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.38M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.34M USD Point-in-time
Total shareholders' equity StockholdersEquity $60.14M USD Point-in-time
Total shareholders' equity StockholdersEquity $63.54M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $98.80M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $106.55M USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $28.70M USD 1 Quarter
Net sales SalesRevenueNet $24.73M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $23.02M USD 1 Quarter
Cost of goods sold CostOfGoodsSold $19.94M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.80M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $3.80M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $559.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $815.00K USD 1 Quarter
Gain on disposal of operating assets GainLossOnDispositionOfAssets - USD 1 Quarter
Gain on disposal of operating assets GainLossOnDispositionOfAssets $125.00K USD 1 Quarter
Total operating expenses OperatingExpenses $23.55M USD 1 Quarter
Total operating expenses OperatingExpenses $27.25M USD 1 Quarter
Operating income OperatingIncomeLoss $1.45M USD 1 Quarter
Operating income OperatingIncomeLoss $1.18M USD 1 Quarter
Interest income InvestmentIncomeInterest $5.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $4.00K USD 1 Quarter
Interest expense InterestExpense $106.00K USD 1 Quarter
Interest expense InterestExpense $94.00K USD 1 Quarter
Foreign currency exchange (gain) loss, net ForeignCurrencyTransactionGainLossBeforeTax $-7.00K USD 1 Quarter
Foreign currency exchange (gain) loss, net ForeignCurrencyTransactionGainLossBeforeTax $13.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $117.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $77.00K USD 1 Quarter
Consolidated income from continuing operations before income tax provision IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.42M USD 1 Quarter
Consolidated income from continuing operations before income tax provision IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.22M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $495.00K USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $382.00K USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $921.00K USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $833.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $353.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $2.49M USD 1 Quarter
Net income NetIncomeLoss $1.19M USD 1 Quarter
Net income NetIncomeLoss $3.42M USD 1 Quarter
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.16 USD 1 Quarter
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.17 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.16 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.17 USD 1 Quarter
Basic IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.47 USD 1 Quarter
Basic IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.06 USD 1 Quarter
Diluted IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.06 USD 1 Quarter
Diluted IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.46 USD 1 Quarter
Basic EarningsPerShareBasic $0.22 USD 1 Quarter
Basic EarningsPerShareBasic $0.64 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.22 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.63 USD 1 Quarter
Weighted-average number of common shares (basic) WeightedAverageNumberOfSharesOutstandingBasic 5.34M shares 1 Quarter
Weighted-average number of common shares (basic) WeightedAverageNumberOfSharesOutstandingBasic 5.30M shares 1 Quarter
Weighted-average number of common shares (diluted) WeightedAverageNumberOfDilutedSharesOutstanding 5.38M shares 1 Quarter
Weighted-average number of common shares (diluted) WeightedAverageNumberOfDilutedSharesOutstanding 5.33M shares 1 Quarter
Cash Flow Statement 76 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $1.19M USD 1 Quarter
Net income NetIncomeLoss $3.42M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $2.49M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $353.00K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $1.58M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $1.52M USD 1 Quarter
Gain on disposal of operating assets GainLossOnDispositionOfAssets - USD 1 Quarter
Gain on disposal of operating assets GainLossOnDispositionOfAssets $125.00K USD 1 Quarter
LIFO expense (income) InventoryLIFOReservePeriodCharge $159.00K USD 1 Quarter
LIFO expense (income) InventoryLIFOReservePeriodCharge $-178.00K USD 1 Quarter
Share transactions under company stock plan ShareTransactionsUnderCompanyStockPlan $239.00K USD 1 Quarter
Share transactions under company stock plan ShareTransactionsUnderCompanyStockPlan $24.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $-12.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $6.00K USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-2.16M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-3.98M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $1.57M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $3.21M USD 1 Quarter
Refundable income taxes IncreaseDecreaseInIncomeTaxesReceivable $-262.00K USD 1 Quarter
Refundable income taxes IncreaseDecreaseInIncomeTaxesReceivable - USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpense $342.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpense $348.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $997.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $121.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-631.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-1.85M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $1.64M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-126.00K USD 1 Quarter
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $351.00K USD 1 Quarter
Other long-term liabilities IncreaseDecreaseInOtherOperatingLiabilities $-67.00K USD 1 Quarter
Net cash provided by operating activities of continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.77M USD 1 Quarter
Net cash provided by operating activities of continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $1.33M USD 1 Quarter
Net cash used for operating activities of discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-235.00K USD 1 Quarter
Net cash used for operating activities of discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-35.00K USD 1 Quarter
Acquisition of business PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of business PaymentsToAcquireBusinessesNetOfCashAcquired $24.81M USD 1 Quarter
Proceeds from disposal of operating assets ProceedsFromSaleOfMachineryAndEquipment $125.00K USD 1 Quarter
Proceeds from disposal of operating assets ProceedsFromSaleOfMachineryAndEquipment - USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $473.00K USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $733.00K USD 1 Quarter
Net cash used for investing activities of continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-25.28M USD 1 Quarter
Net cash used for investing activities of continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-608.00K USD 1 Quarter
Net cash provided by (used for) investing activities of discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-53.00K USD 1 Quarter
Net cash provided by (used for) investing activities of discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $8.68M USD 1 Quarter
Proceeds from term note ProceedsFromIssuanceOfOtherLongTermDebt $10.00M USD 1 Quarter
Proceeds from term note ProceedsFromIssuanceOfOtherLongTermDebt - USD 1 Quarter
Repayments of term note RepaymentsOfOtherLongTermDebt $500.00K USD 1 Quarter
Repayments of term note RepaymentsOfOtherLongTermDebt $500.00K USD 1 Quarter
Proceeds from revolving credit agreement ProceedsFromLinesOfCredit $11.51M USD 1 Quarter
Proceeds from revolving credit agreement ProceedsFromLinesOfCredit $25.89M USD 1 Quarter
Repayments of revolving credit agreement RepaymentsOfLinesOfCredit $12.27M USD 1 Quarter
Repayments of revolving credit agreement RepaymentsOfLinesOfCredit $22.16M USD 1 Quarter
Proceeds from other debt ProceedsFromOtherDebt - USD 1 Quarter
Proceeds from other debt ProceedsFromOtherDebt $2.40M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $1.06M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $1.07M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-28.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Net cash provided by (used for) financing activities of continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-12.22M USD 1 Quarter
Net cash provided by (used for) financing activities of continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $24.43M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $385.00K USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.61M USD 1 Quarter
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $6.78M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $6.43M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $7.18M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $5.55M USD Point-in-time
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-32.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-13.00K USD 1 Quarter
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $6.78M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $6.43M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $7.18M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $5.55M USD Point-in-time
Cash paid for interest InterestPaidNet $-87.00K USD 1 Quarter
Cash paid for interest InterestPaidNet $-122.00K USD 1 Quarter
Cash paid for income taxes, net IncomeTaxesPaidNet $-115.00K USD 1 Quarter
Cash paid for income taxes, net IncomeTaxesPaidNet $-219.00K USD 1 Quarter
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $1.19M USD 1 Quarter
Net income NetIncomeLoss $3.42M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $45.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $284.00K USD 1 Quarter
Net retirement plan liability adjustment OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-202.00K USD 1 Quarter
Net retirement plan liability adjustment OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-229.00K USD 1 Quarter
Interest rate swap agreement adjustment OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-45.00K USD 1 Quarter
Interest rate swap agreement adjustment OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $16.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $1.30M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $3.38M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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