Segments and Related Information

9 Months Ended

Sep. 30, 2012

Segments and Related Information [Abstract]

Segments and Related Information

Note 14—Segments and Related Information

The following represents Hallwood Group’s reportable segment operations for the three months and nine months ended September 30, 2012 and 2011, respectively (in thousands):

	Textile Products (a)			Other			Consolidated
Three Months ended September 30, 2012
Total revenue from external sources	$	27,146		$	—		$	27,146
Operating income (loss)	$	(199	)	$	(1,227	)	$	(1,426	)
Other income (loss), net		(42	)		(136	)		(178	)
Income (loss) before income taxes	$	(241	)	$	(1,363	)	$	(1,604	)
Three Months ended September 30, 2011
Total revenue from external sources	$	37,649		$	—		$	37,649
Operating income (loss)	$	2,420		$	(1,768	)	$	652
Other income (loss), net		(25	)		5			(20	)
Income (loss) before income taxes	$	2,395		$	(1,763	)	$	632
Nine Months ended September 30, 2012
Total revenue from external sources	$	100,207		$	—		$	100,207
Operating income (loss)	$	(867	)	$	(16,784	)	$	(17,651	)
Other income (loss), net		(99	)		(214	)		(313	)
Income (loss) before income taxes	$	(966	)	$	(16,998	)	$	(17,964	)
Nine Months ended September 30, 2011
Total revenue from external sources	$	101,117		$	—		$	101,117
Operating income (loss)	$	5,447		$	(11,614	)	$	(6,167	)
Other income (loss), net		(47	)		8			(39	)
Income (loss) before income taxes	$	5,400		$	(11,606	)	$	(6,206	)

(a) The operating income (loss) amounts for Brookwood, the textile products segment, include costs and expenses for the Nextec litigation of $163,000 and $3,572,000 for the 2012 third quarter and nine month periods and $1,464,000 and $2,308,000 for the 2011 third quarter and nine month periods, respectively. See Note 13 for more information on the Nextec litigation.

No differences have occurred in the basis or methodologies used in the preparation of this interim segment information from those used in the December 31, 2011 annual report. The total assets for Hallwood Group the Company’s operating segments have not materially changed since the December 31, 2011 annual report.