Company: SIF
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0000090168-25-000012
Chunk: 1

Company: SIFCO INDUSTRIES INC
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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IFCO Industries, Inc. and Subsidiaries

Consolidated Condensed Statements of Shareholders’ Equity

(Unaudited, Amounts in thousands)

                                                   Three Months Ended                                                                                         
                                                   December 31, 2024                                                                                          
                                                   Common Shares                       Additional      Retained                    Total                      
                                                                                       Paid-In         Earnings                    Shareholders’              
                                                                                       Capital                                     Equity                     
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                   Shares                  Amount                                                                             
  Balance at September 30, 2024                                            $           $               $             ( 5,389)      $                  30,425  
  Comprehensive (loss) income                      —                       —           —               ( 2,316)         5,575                          3,259  
  Performance and restricted share expense         —                       —           20              —                           20                         
  Share transactions under equity-based plans      ( 11)                   ( 11)       ( 17)           —                           ( 28)                      
  Balance at December 31, 2024                                             $           $               $                  186      $                  33,676  

                                                   Three Months Ended                                                                                             
                                                   December 31, 2023                                                                                              
                                                   Common Shares                                  Additional      Retained      Accumulated        Total          
                                                                                                  Paid-In         Earnings      Other              Shareholders’  
                                                                                                  Capital                       Comprehensive      Equity         
                                                                                                                                Loss                              
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                   Shares                             Amount                                                                      
  Balance at September 30, 2023                                            6,105      $           $               $             $                  $              
  Comprehensive (loss) income                      —                                  —           —               ( 3,422)      296                ( 3,126)       
  Performance and restricted share expense         —                                  —           87              —             —                  87             
  Share transactions under equity-based plans      55                                 55          ( 104)          —             —                  ( 49)          
  Balance at December 31, 2023                                             6,160      $           $               $             $                  $              

See notes to unaudited consolidated condensed financial statements.

SIFCO Industries, Inc. and Subsidiaries

Notes to Unaudited Consolidated Condensed Financial Statements

(Amounts in thousands, except per share data)

1.