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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 1,553 $ 10,869
Accounts receivable, net    
Factors 16,532 17,487
Trade and other 3,196 8,174
Related parties 37 42
Inventories 29,286 24,980
Deferred income tax 5,461 4,788
Prepaids, deposits and other assets 631 934
Income taxes receivable 372 1,027
Total currents assets 57,068 68,301
Noncurrent Assets    
Property, plant and equipment 19,973 20,442
Deferred income tax 4,269  
Other assets 247 162
Total noncurrent assets 24,489 20,604
Total Assets 81,557 88,905
Current Liabilities    
Accounts payable 14,256 8,941
Current portion of loans payable (includes $9,000 to related party) 9,184  
Accrued expenses and other current liabilities 4,792 5,096
Payable - Hallwood Energy matters    
Litigation reserve 2,079 9,300
Contingent additional investment in Hallwood Energy   3,201
Income taxes payable   10
Total current liabilities 30,311 26,548
Noncurrent Liabilities    
Long term portion of loans payable 3,850 2,000
Deferred income tax 94 1,217
Total noncurrent liabilities 3,944 3,217
Total Liabilities 34,255 29,765
Contingencies and Commitments (Note 13)      
Stockholders' Equity    
Common stock, issued 2,396,105 shares for both periods; outstanding 1,525,166 shares for both periods 240 240
Additional paid-in capital 51,700 51,700
Retained earnings 8,766 20,604
Treasury stock, 870,939 shares for both periods; at cost (13,404) (13,404)
Total Stockholders' Equity 47,302 59,140
Total Liabilities and Stockholders' Equity $ 81,557 $ 88,905