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Discontunued Operations (Notes)
 6 Months Ended
Jun. 30, 2013
Discontinued Operations [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Note 2 — Discontinued Operations

On June 14, 2013, the Company entered into a non-binding letter of intent ("Letter of Intent") to sell substantially all of the assets of Automatic Screw Machine Products Company, Inc. (“ASMP”), a wholly owned subsidiary, to Nelson Stud Welding, Inc. (“Buyer”), an indirect subsidiary of Doncasters Group Limited, for a cash purchase price of $12.5 million, subject to adjustments based on the closing date net working capital, plus the assumption of certain liabilities. In addition, the transaction contemplates that the Buyer will lease the real property located in Decatur, Alabama currently used by ASMP. The transaction is subject to the completion of due diligence, the approval of the transaction by the respective boards of directors of Lawson and Buyer, final negotiation and execution of a mutually satisfactory definitive purchase agreement and related agreements, receipt of the consent of the Company's lender and certain governmental consents, and certain other customary conditions to closing. The Company expects to finalize the transaction in the third quarter of 2013. As a result of the Company's intention to sell ASMP, the Company has reclassified ASMP's operating results as discontinued operations for all periods presented.

The following table details the components of income from discontinued operations:
 
 
(Dollars in thousands)
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2013
 
2012
 
2013
 
2012
Net sales of ASMP
 
$
4,767

 
$
4,518

 
$
9,549

 
$
9,116

 
 
 
 
 
 
 
 
 
Pre-tax income (loss) from discontinued operations
 
 
 
 
 
 
 
 
ASMP
 
$
723

 
$
647

 
$
1,390

 
$
1,280

Other discontinued operations
 
(4
)
 
(17
)
 
(33
)
 
(30
)
Total pre-tax income
 
719

 
630

 
1,357

 
1,250

Income tax expense
 
(331
)
 
(249
)
 
(588
)
 
(493
)
 
 
 
 
 
 
 
 
 
Income from discontinued operations
 
$
388

 
$
381

 
$
769

 
$
757

 
 
 
 
 
 
 
 
 
Basic and diluted income per share
 
 
 
 
 
 
 
 
ASMP
 
$
0.05

 
$
0.05

 
$
0.09

 
$
0.08

Other discontinued operations
 
—

 
—

 
—

 
—

Total
 
$
0.05

 
$
0.05

 
$
0.09

 
$
0.08