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Discontinued Operations
 3 Months Ended
Mar. 31, 2013
Discontinued Operations [Abstract]  
Discontinued Operations

(5) Discontinued Operations

On October 26, 2009, the Company sold all of the stock of its wholly owned subsidiary, Sypris Test & Measurement, Inc., for $39,000,000. During 2010, the Company was made aware of a potential indemnification claim from the purchaser of Sypris Test & Measurement. The parties engaged in binding arbitration during July 2012 to resolve the claim, and the dispute was settled for $6,500,000, which included the counterparty’s legal fees and expenses. Both parties entered a mutual release of all related potential claims. During the three months ended April 1, 2012, the Company paid $196,000 for related legal fees incurred to resolve the dispute. These charges are included in loss from discontinued operations, net of tax in the consolidated statements of operations.