Ply Gem (PGEM) 10-Q 9 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 02, 2016	May. 09, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	PLY GEM HOLDINGS INC
Entity Central Index Key	1,284,807
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 2, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	PGEM
Amendment Flag	false
Entity Common Stock, Shares Outstanding		68,143,681

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Net sales	$ 408,614	$ 376,048
Cost of products sold	321,913	315,767
Gross profit	86,701	60,281
Operating expenses:
Selling, general and administrative expenses	70,735	68,132
Amortization of intangible assets	6,390	6,199
Total operating expenses	77,125	74,331
Operating earnings	9,576	(14,050)
Foreign currency (loss) gain	584	(934)
Interest expense	(18,692)	(19,093)
Interest income	10	9
Tax receivable agreement liability adjustment	18,150	17,185
Gains (Losses) on Extinguishment of Debt	(2,399)	0
Income (Loss) before provision (benefit) for income taxes	(29,071)	(51,253)
Provision (benefit) for income taxes	(1,494)	(2,394)
Net income (loss)	(27,577)	(48,859)
Comprehensive income (loss)	$ (24,524)	$ (54,210)
Earnings Per Share, Basic and Diluted	$ (0.40)	$ (0.72)
Weighted Average Number of Shares Outstanding, Basic and Diluted	68,127,491	67,923,707

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 02, 2016	Dec. 31, 2015	Apr. 04, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 34,341	$ 109,425	$ 22,444	$ 33,162
Accounts receivable, less allowances of $3,477 and $3,588, respectively	204,159	195,165
Inventories:
Raw materials	69,335	64,002
Work in process	24,469	25,319
Finished goods	67,602	61,082
Total inventory	161,406	150,403
Prepaid expenses and other current assets	24,200	24,647
Deferred income taxes	14,202	11,261
Total current assets	438,308	490,901
Property and Equipment, at cost:
Land	8,222	8,175
Buildings and improvements	67,177	66,321
Machinery and equipment	392,127	385,750
Total property and equipment	467,526	460,246
Less accumulated depreciation	(305,749)	(299,243)
Total property and equipment, net	161,777	161,003
Other Assets:
Intangible assets, net	122,957	128,384
Goodwill	479,549	477,739
Other	8,262	8,545
Total other assets	610,768	614,668
Total Assets	1,210,853	1,266,572
Current Liabilities:
Accounts payable	73,793	74,496
Accrued expenses	117,263	152,962
Tax receivable agreement payable - current	3,005	3,005
Less current portion of long-term debt	4,300	4,300
Total current liabilities	198,361	234,763
Deferred income taxes	24,642	21,387
Tax receivable agreement payable - noncurrent	38,961	20,811
Other long-term liabilities	89,770	90,893
Long-term debt, less current portion	$ 960,120	$ 975,531
Commitments and contingencies
Stockholders' Deficit:
Preferred stock $0.01 par, 50,000,000 shares authorized, none issued and outstanding	$ 0	$ 0
Common stock $0.01 par, 250,000,000 shares authorized, 68,127,491 issued and outstanding	681	681
Additional paid-in-capital	749,633	749,296
Accumulated deficit	(817,801)	(790,224)
Accumulated other comprehensive loss	(33,514)	(36,566)
Total stockholders' deficit	(101,001)	(76,813)
Total Liabilities and Stockholder's Deficit	$ 1,210,853	$ 1,266,572

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Apr. 02, 2016	Dec. 31, 2015
Current Assets:
Allowance for Doubtful Accounts Receivable, Current	$ 3,477	$ 3,588
Stockholders' Deficit:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	250,000,000	250,000,000
Common stock, shares issued (in shares)	68,127,491	68,127,491
Common stock, shares outstanding (in shares)	68,127,491	68,127,491

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Cash flows from operating activities:
Net income (loss)	$ (27,577)	$ (48,859)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:
Depreciation and amortization expense	14,030	14,821
Restructuring Costs	566	46
Non-cash interest expense, net	3,416	3,419
(Gain) loss on foreign currency transactions	(584)	934
Business Acquisition, Contingent Consideration [Line Items]
Gains (Losses) on Extinguishment of Debt	2,399	0
Stock based compensation	337	586
Deferred income taxes	65	1,019
Tax receivable agreement liability adjustment	18,150	17,185
Increase in tax uncertainty, net of valuation allowance	62	73
Other	138	(13)
Changes in operating assets and liabilities:
Accounts receivable, net	(9,134)	(5,964)
Inventories	(10,978)	469
Prepaid expenses and other assets	(255)	4,793
Accounts payable	(875)	(7,801)
Accrued expenses	(37,775)	(39,757)
Cash payments on restructuring liabilities	(668)	(473)
Other	137	(1,469)
Net cash used in operating activities	(48,546)	(60,991)
Cash flows from investing activities:
Capital expenditures	(7,732)	(7,071)
Proceeds from sale of assets	76	25
Net cash used in investing activities	(7,656)	(7,046)
Cash flows from financing activities:
Net revolver borrowings	10,000	60,000
Payments of long-term debt	(31,075)	(1,075)
Proceeds from Stock Options Exercised	0	182
Net cash provided by (used in) financing activities	(21,075)	59,107
Impact of exchange rate movements on cash	2,193	(1,788)
Net decrease in cash and cash equivalents	(75,084)	(10,718)
Cash and cash equivalents at the beginning of the period	109,425	33,162
Cash and cash equivalents at the end of the period	$ 34,341	$ 22,444

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Apr. 02, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Ply Gem Holdings, Inc. and its subsidiaries (referred to herein as “Ply Gem Holdings”, “Ply Gem”, the “Company”, “we”, “us”, or “our”) have been prepared in accordance with U.S. generally accepted accounting principles as described in the consolidated financial statements and related notes included in our 2015 Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 14, 2016. These statements do not include all of the information and footnotes required by U.S. generally accepted accounting principles and should be read in conjunction with our 2015 Annual Report on Form 10-K. In management’s opinion, all normal and recurring adjustments considered necessary for a fair presentation have been included. Operating results for the period from January 1, 2016 through April 2, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016 . The condensed consolidated balance sheet at December 31, 2015 has been derived from the audited consolidated financial statements of Ply Gem Holdings at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. The Company’s fiscal quarters are based on periods ending on the Saturday of the last week in the quarter. Therefore, the financial results of certain fiscal quarters will not be comparable to the prior and subsequent fiscal quarters. The accompanying financial statements include the Company’s condensed consolidated statements of operations and comprehensive income (loss) for the three months ended April 2, 2016 and April 4, 2015 , the condensed consolidated statements of cash flows for the three months ended April 2, 2016 and April 4, 2015 , and the condensed consolidated balance sheets as of April 2, 2016 and December 31, 2015 . Ply Gem is a diversified manufacturer of residential and commercial building products, which are sold primarily in the United States and Canada, and include a wide variety of products for the residential and commercial construction, the do-it-yourself and the professional remodeling and renovation markets. The demand for the Company’s products is seasonal, particularly in the Northeast and Midwest regions of the United States and Canada where inclement weather during the winter months usually reduces the level of building and remodeling activity in both the home repair and remodeling and new home construction sectors. The Company’s sales are usually lower during the first and fourth quarters. To a significant extent our performance is dependent upon the levels of home repair and remodeling and new home construction spending, all of which are affected by such factors as interest rates, inflation, consumer confidence, unemployment, and availability of consumer credit. Principles of Consolidation The condensed consolidated financial statements include the accounts of Ply Gem Holdings and its subsidiaries, all of which are wholly owned. All intercompany accounts and transactions have been eliminated. Reclassifications Due to the adoption of ASU No. 2015-03, Interest-Imputation of Interest , certain balance sheet amounts in the prior fiscal year have been reclassified to conform to the presentation adopted in the current fiscal year, with no effect on net income (loss), accumulated deficit, or net cash provided by/used in operating, investing, and financing activities. Refer to Note 5, Long-Term Debt , for the presentation impact on net debt. Accounting Policies and Use of Estimates The preparation of these condensed consolidated financial statements in conformity with U.S. generally accepted accounting principles involves estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of income and expense during the reporting periods. Certain of the Company’s accounting policies require the application of judgment in selecting the appropriate assumptions for calculating financial estimates. By their nature, these judgments are subject to an inherent degree of uncertainty. The Company periodically evaluates the judgments and estimates used in their critical accounting policies to ensure that such judgments and estimates are reasonable. Such estimates include the allowance for doubtful accounts receivable, rebates, pensions, valuation of inventories, warranty reserves, insurance reserves, legal contingencies, assumptions used in the calculation of income taxes and the tax receivable agreement liability, projected cash flows used in the goodwill and intangible asset impairment tests, and environmental accruals and other contingencies. These judgments are based on the Company’s historical experience, current trends and information available from other sources, and are based on management’s best estimates and judgments. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Volatile equity markets, foreign currency, and litigation risk have combined to increase the uncertainty inherent in such estimates and assumptions. If different conditions result from those assumptions used in the Company’s judgments, actual results could be materially different from the Company’s estimates. Cash and Cash Equivalents Cash equivalents consist of short-term highly liquid investments with original maturities of three months or less and which are readily convertible into cash. Accounts Receivable Accounts receivable-trade are recorded at their net realizable value. The allowance for doubtful accounts was $3.5 million at April 2, 2016 and $3.6 million at December 31, 2015 . The Company maintains an allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The Company estimates the allowance for doubtful accounts based on a variety of factors including the length of time receivables are past due, the financial health of its customers, unusual macroeconomic conditions and historical experience. If the financial condition of its customers deteriorates or other circumstances occur that result in an impairment of customers’ ability to make payments, the Company records additional allowances as needed. The Company writes off uncollectible trade accounts receivable against the allowance for doubtful accounts when collection efforts have been exhausted and/or any legal action taken by the Company has concluded. Inventories Inventories in the accompanying condensed consolidated balance sheets are valued at the lower of cost or market and are determined primarily by the first-in, first-out (FIFO) method. The Company records provisions, as appropriate, to write-down obsolete and excess inventory to estimated net realizable value. The process for evaluating obsolete and excess inventory often requires the Company to make subjective judgments and estimates concerning future sales levels, quantities and prices at which such inventory will be able to be sold in the normal course of business. Accelerating the disposal process or incorrect estimates of future sales potential may cause actual results to differ from the estimates at the time such inventory is disposed or sold. As of April 2, 2016 , the Company had inventory purchase commitments of approximately $52.9 million . Inventory reserves were approximately $9.0 million at April 2, 2016 , increasing during the three months ended April 2, 2016 by $0.7 million compared to the December 31, 2015 reserve balance of approximately $8.3 million . Property and Equipment Property and equipment are presented at cost. Depreciation of property and equipment are provided on a straight-line basis over estimated useful lives, which are generally as follows: Buildings and improvements 10-37 years Machinery and equipment, including leases 3-15 years Leasehold improvements Term of lease or useful life, whichever is shorter Expenditures for maintenance and repairs are expensed when incurred. Expenditures for renewals and betterments are capitalized. When assets are sold, or otherwise disposed, the cost and related accumulated depreciation are eliminated and the resulting gain or loss is recognized in operations. Intangible Assets, Goodwill and Other Long-lived Assets Acquisitions On May 29, 2015, Ply Gem completed an acquisition for cash consideration of approximately $21.0 million to acquire substantially all of the assets of Canyon Stone Inc. ("Canyon Stone"), a manufacturer and distributor of stone veneer and accessories in the United States. Canyon Stone has manufacturing facilities in Olathe, Kansas and Youngsville, North Carolina. The purchase agreement also includes contingent consideration in the form of potential earn-out payments of up to $1.0 million based on Canyon Stone's earnings for fiscal years 2015 through 2017. This acquisition expanded the Company's stone veneer manufacturing footprint across the United States as it complements the existing Ply Gem Stone manufacturing facility in Middleburg, Pennsylvania. The Company accounted for the transaction as an acquisition in accordance with the provisions of Accounting Standards Codification 805, Business Combinations , which results in a new valuation for the assets and liabilities of Canyon Stone based upon fair values as of the acquisition date. Since the acquisition was completed on May 29, 2015, the final acquisition accounting allocation remains subject to further adjustments. The specific accounts subject to ongoing purchase accounting adjustments include accounts receivable, inventories, prepaid expenses and other current assets, property and equipment, goodwill, intangibles, accounts payable, accrued expenses, and other liabilities. Therefore, the measurement date remains open as of April 2, 2016 , and the preliminary acquisition accounting allocation detailed below is subject to adjustment. The Company anticipates completing these acquisition accounting adjustments during 2016. The Company determined the fair value of the tangible and intangible assets and the liabilities acquired, and recorded goodwill based on the excess of fair value of the acquisition consideration over such fair values, as follows: (Amounts in thousands) Accounts receivable $ 3,559 Inventories 712 Prepaid expenses and other current assets 41 Property and equipment 2,019 Intangible assets 9,300 Goodwill 7,642 Accounts payable, accrued expenses and other long-term liabilities (2,273 ) $ 21,000 The $7.6 million of goodwill was allocated to the Siding, Fencing and Stone segment and the goodwill is expected to be deductible for tax purposes. The Company has recognized a liability of approximately $0.8 million as the estimated acquisition date fair value of the earn-out as of April 2, 2016 and December 31, 2015. This amount is included within other long-term liabilities in the condensed consolidated balance sheets. Any change in the fair value of the contingent consideration subsequent to the acquisition date will be recognized in earnings in the period of change. Long-lived assets The Company reviews long-lived assets for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company performs an undiscounted operating cash flow analysis to determine if impairment exists. If an impairment is determined to exist, any related impairment loss is calculated based on the asset’s fair value and the discounted cash flows. The Company tests for long-lived asset impairment at the following asset group levels: (i) the combined U.S. Siding, Fencing and Stone companies in the Siding, Fencing and Stone segment (“Siding”), (ii) the combined U.S. Windows companies in the Windows and Doors segment (“U.S. Windows”), (iii) the combined Simonton windows companies in the Windows and Doors segment, (iv) Gienow Canada Inc. ("Gienow Canada") (a combined Western Canadian company created by the January 2014 amalgamation of the Company's legacy Western Canadian business and the Gienow entity acquired in April 2013) in the Windows and Doors segment, and (v) Mitten in the Siding, Fencing and Stone segment. For purposes of recognition and measurement of an impairment loss, a long-lived asset or asset group should represent the lowest level for which an entity can separately identify cash flows that are largely independent of the cash flows of other assets and liabilities. There were no indicators of impairment during the three months ended April 2, 2016 . Goodwill and other intangible assets The Company evaluates goodwill for impairment on an annual basis and whenever events or business conditions warrant. All other intangible assets are amortized over their estimated useful lives and are assessed for impairment as necessary. The Company assesses goodwill for impairment at the November month end each year and also at any other date when events or changes in circumstances indicate that the carrying value of these assets may exceed their fair value. To evaluate goodwill for impairment, the Company estimates the fair value of reporting units considering such factors as discounted cash flows and valuation multiples for comparable publicly traded companies. A significant reduction in projected sales and earnings, which would lead to a reduction in future cash flows, could indicate potential impairment. There were no indicators of impairment during the three months ended April 2, 2016 that would trigger an interim impairment test. The Company will continue to evaluate goodwill during future periods and future declines in the residential housing and repair and remodeling markets could result in goodwill impairments. Debt Issuance Costs Debt issuance costs, composed of facility, agency, and certain legal fees associated with issuing new debt financing, are amortized over the contractual term of the related agreement using the effective interest method. Net debt issuance costs totaled approximately $20.9 million and $22.2 million as of April 2, 2016 and December 31, 2015 , respectively, and have been recorded within long-term debt ( $18.2 million at April 2, 2016 and $19.3 million at December 31, 2015) and other non-current assets ( $2.7 million at April 2, 2016 and $2.9 million at December 31, 2015) in the accompanying condensed consolidated balance sheets. The debt issuance costs included in other long term assets relate to the ABL Facility. Amortization of debt issuance costs for the three months ended April 2, 2016 and April 4, 2015 was approximately $0.8 million and $0.8 million , respectively. Amortization of debt issuance costs is recorded in interest expense in the accompanying condensed consolidated statements of operations and comprehensive income (loss). Income Taxes The Company utilizes the asset and liability method of accounting for income taxes which requires that deferred tax assets and liabilities be recorded to reflect the future tax consequences of temporary differences between the book and tax basis of various assets and liabilities. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of changes in tax rates on deferred tax assets and liabilities is recognized as income or expense in the period in which the rate change occurs. A valuation allowance is established to offset any deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. Estimates are required with respect to, among other things, the appropriate state income tax rates used in the various states that the Company and its subsidiaries are required to file, the potential utilization of operating and capital loss carry-forwards for both federal and state income tax purposes and valuation allowances required, if any, for tax assets that may not be realized in the future. The Company establishes reserves when, despite our belief that our tax return positions are fully supportable, certain positions could be challenged, and the positions may not be fully sustained. The Company along with its U.S. subsidiaries file a consolidated federal income tax return, separate state income tax returns, combined state returns, and unitary state returns. Gienow Canada and Mitten both file separate Canadian federal income tax returns and separate provincial returns. Tax receivable agreement ("TRA") liability As a result of the Company’s full tax valuation allowance position, the Company’s methodology for calculating the TRA liability considers expectations regarding (i) current year taxable income only (due to the uncertainty of future taxable income associated with the Company’s cumulative loss position) and (ii) future income due to the expected reversals of deferred tax liabilities. During the three months ended April 2, 2016 , the Company estimated its projected taxable income for the full year ending December 31, 2016 based on the Company’s estimates. However, the Company’s methodology to estimate the TRA liability excludes forecasts for fiscal years subsequent to 2016 because such future forecasts and projections cannot be relied upon based on the negative evidence from the Company’s three year cumulative loss position. For fiscal year 2016, the Company estimated to be in a taxable income position; however, this taxable income estimate was currently not sufficient to outweigh the negative evidence or alleviate the Company’s three year cumulative loss position. In addition to projecting the Company’s current year taxable income estimate, the Company considered the reversals of deferred tax assets and deferred tax liabilities. Environmental The Company accrues for losses associated with environmental remediation obligations when such losses are probable and reasonably estimable. Environmental remediation obligation accruals are adjusted as further information develops or circumstances change. Costs of future expenditures for environmental remediation obligations are not discounted to their present value. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed probable. Commitments and Contingencies The Company accrues for all direct costs associated with the estimated resolution of contingencies at the earliest date at which it is deemed probable that a liability has been incurred and the amount of such liability can be reasonably estimated. Costs accrued have been estimated based upon an analysis of potential results, assuming a combination of litigation and settlement strategies and outcomes. Insurance recoveries are recorded as assets when their receipt is deemed probable. Foreign Currency Gienow Canada and Mitten, the Company’s Canadian subsidiaries, utilize the Canadian dollar as their functional currency. For reporting purposes, the Company translates the assets and liabilities of its foreign entities at the exchange rates in effect at period-end. Net sales and expenses are translated using average exchange rates in effect during the period. Gains and losses from foreign currency translation are credited or charged to accumulated other comprehensive income or loss in the accompanying condensed consolidated balance sheets. The Company recorded a gain from foreign currency transactions of approximately $0.6 million for the three months ended April 2, 2016 and a loss of approximately $0.9 million for the three months ended April 4, 2015 . During the three months ended April 2, 2016 accumulated other comprehensive income (loss) included a currency translation gain of approximately $4.8 million and a loss of approximately $7.5 million for the three months ended April 4, 2015 . Derivative Financial Instruments As of April 2, 2016 , the Company had entered into a foreign currency forward contract agreements to hedge approximately $27.8 million of its 2016 non-functional currency inventory purchases to protect the Company from variability in cash flows attributable to changes in the U.S. dollar relative to the Canadian dollar. The Company has designated these forward contracts as cash flow hedges. As a cash flow hedge, unrealized gains are recognized as assets while unrealized losses are recognized as liabilities. These forward contract agreements are highly correlated to the changes in foreign currency rates to which the Company is exposed. Unrealized gains and losses on these agreements are designated as effective or ineffective. The effective portion of such gains or losses is recorded as a component of accumulated other comprehensive income or loss, while the ineffective portion of such gains or losses is recorded as a component of cost of goods sold. Future realized gains and losses in connection with each inventory purchase will be reclassified from accumulated other comprehensive income or loss to cost of goods sold. The changes in fair values of derivatives that have been designated and qualify as cash flow hedges are recorded in accumulated other comprehensive income or loss and are reclassified into cost of goods sold in the same period the hedged item affects earnings. Due to the high degree of effectiveness between the hedging instruments and the underlying exposures being hedged, fluctuations in the value of the derivative instrument are generally offset by changes in the fair value or cash flows of the underlying exposures being hedged. The changes in the fair value of derivatives that do not qualify as effective are immediately recognized in earnings. The gains and losses on derivative contracts that are reclassified from accumulated other comprehensive income or loss to current period earnings are included in the line item in which the hedged item is recorded in the same period the forecasted transaction affects earnings. As of April 2, 2016 , approximately $0.9 million of the deferred net liability on derivative instruments included in accumulated other comprehensive loss is expected to be reclassified to cost of goods sold during the next four months. This expectation is based on the expected timing of the occurrence of the hedged forecasted transactions. During the three months ended April 2, 2016 , the Company recognized $0.4 million within earnings as a reduction of cost of goods sold in the condensed consolidated statement of operations. During the three months ended April 4, 2015 , the Company recognized $1.1 million within earnings as a reduction of cost of goods sold in the condensed consolidated statement of operations. The fair value of the foreign currency forward contract agreements are estimated using industry standard valuation models using market-based observable inputs, including spot rates, forward points, interest rates and volatility inputs (Level 2). A summary of the recorded asset and liability included in the accompanying condensed consolidated balance sheets is as follows: (Amounts in thousands) April 2, 2016 December 31, 2015 Foreign currency hedge included in other current assets/(liabilities) $ (891 ) $ 829 Fair Value Measurement The accounting standard for fair value discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flows), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The standard utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: • Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. • Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. • Level 3: Inputs that reflect the reporting entity’s own assumptions. The hierarchy requires the use of observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. The fair value of the long-term debt instruments was determined by utilizing available market information. The carrying value of the Company’s other assets and liabilities approximates their fair value. The Company’s population of recurring financial assets and liabilities subject to fair value measurements and the necessary disclosures are as follows: Quoted Prices Significant Significant (Amounts in thousands) Fair for Identical Observable Unobservable Carrying Value Assets Inputs Inputs Description Value Total (Level 1) (Level 2) (Level 3) Liabilities: Senior Notes-6.50% $ 650,000 $ 635,375 $ 635,375 $ — $ — Term Loan Facility 391,400 380,637 — 380,637 — As of April 2, 2016: $ 1,041,400 $ 1,016,012 $ 635,375 $ 380,637 $ — Liabilities: Senior Notes-6.50% $ 650,000 $ 585,000 $ 585,000 $ — $ — Term Loan Facility 422,475 411,913 — 411,913 — As of December 31, 2015 $ 1,072,475 $ 996,913 $ 585,000 $ 411,913 $ — Earnings (Loss) Per Common Share Basic earnings (loss) per share ("EPS") is computed based upon weighted-average shares outstanding during the period. Dilutive earnings per share is computed consistently with the basic computation while giving effect to all dilutive potential common shares and common share equivalents that were outstanding during the period. Ply Gem Holdings uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options. The Company was in a net loss position for the three months ended April 2, 2016 and April 4, 2015 and therefore the impact of stock options and unvested restricted stock were excluded from the computation of diluted earnings (loss) per share for those specific periods, as the inclusion of such amounts would be anti-dilutive. The computation of the dilutive effect of other potential common shares excluded options and unvested restricted stock representing approximately 0.1 million shares of common stock for the three months ended April 2, 2016 . The computation of the dilutive effect of other potential common shares excluded options and unvested restricted stock representing approximately 0.1 million shares of common stock for the three months ended April 4, 2015 . New Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting . The amendments in this updated guidance include changes to simplify the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This guidance is effective for fiscal years beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is permitted. The Company is in the process of evaluating the potential impacts of this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) . This update provides guidance on recording revenue on a gross basis versus a net basis based on the determination of whether an entity is a principal or an agent when another party is involved in providing goods or services to a customer. The amendments in this update affect the guidance in ASU No. 2014-09 and are effective in the same timeframe as ASU No. 2014-09 as discussed below. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The core principal of the guidance is that an entity should recognize assets and liabilities arising from a lease for both financing and operating leases, along with additional qualitative and quantitative disclosures. The standard will be effective for fiscal years beginning after December 15, 2018, including interim periods within such fiscal years. Early adoption is permitted. The guidance is to be applied using a modified retrospective transition method with the option to elect a package of practical expedients. The Company is currently evaluating the impact of the adoption of this accounting standard update on its internal processes, operating results and financial reporting. The impact is currently not known or reasonably estimable. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which completes the joint effort by the FASB and the International Accounting Standards Board to clarify the principles for recognizing revenue and improve financial reporting by creating common revenue recognition guidance for U.S. generally accepted accounting principles ("GAAP") and International Financial Reporting Standards ("IFRS"). ASU 2014-09 provides enhancements to the quality and consistency of how revenue is reported while also improving comparability in the financial statements of companies reporting using IFRS and GAAP. The core principle of this update is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In July 2015, the FASB finalized a one-year deferral of the effective date of the new revenue recognition standard. The new standard will become effective for Ply Gem beginning with the first quarter of 2018 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. The method of adoption has not been determined yet by the Company. The Company is currently reviewing the revised guidance and assessing the potential impact on the consolidated financial statements.

GOODWILL

GOODWILL	3 Months Ended
	Apr. 02, 2016
Goodwill [Abstract]
GOODWILL	The Company records the excess of the fair value of the acquisition consideration over the net tangible and intangible assets of acquired companies as goodwill. The Company performs an annual test for goodwill impairment at the November month end each year and also at any other date when events or changes in circumstances indicate that the carrying value of these assets may exceed their fair value. The Company has defined its reporting units and performs the impairment testing of goodwill at the operating segment level. The Company has two reporting units: (1) Siding, Fencing and Stone and (2) Windows and Doors. Separate valuations are performed for each of these reporting units in order to test for impairment. The Company uses the two-step method to determine goodwill impairment. If the carrying amount of a reporting unit exceeds its fair value (“Step One”), the Company measures the possible goodwill impairment based upon a hypothetical allocation of the fair value estimate of the reporting unit to all of the underlying assets and liabilities of the reporting unit, including previously unrecognized intangible assets (“Step Two”). The excess of the reporting unit’s fair value over the amounts assigned to its assets and liabilities is the implied fair value of goodwill. An impairment loss is recognized to the extent that a reporting unit’s recorded goodwill exceeds the implied fair value of goodwill. The Company has elected not to utilize the qualitative Step Zero impairment assessment. There was no goodwill impairment for the year ended December 31, 2015 and no impairment indicators which would trigger an interim impairment test during the three months ended April 2, 2016 . However, the Company will continue to evaluate goodwill during future periods and future declines in the residential housing and repair and remodeling markets or the Company's market capitalization could result in goodwill impairments. To determine the fair value of its reporting units, the Company equally considers both the income and market valuation methodologies. The income valuation methodology uses the fair value of the cash flows that the reporting unit can be expected to generate in the future. This method requires management to project revenues, operating expenses, working capital investment, capital spending and cash flows for the reporting unit over a multi-year period as well as determine the weighted average cost of capital to be used as the discount rate. The Company also utilizes the market valuation method to estimate the fair value of the reporting units by utilizing comparable public company multiples. These comparable public company multiples are then applied to the reporting unit’s financial performance. The market approach is more volatile as an indicator of fair value as compared to the income approach as internal forecasts and projections have historically been more stable. Since each approach has its merits, the Company equally weights the approaches to balance the internal and external factors affecting the Company’s fair value. The Company’s fair value estimates of its reporting units and goodwill are sensitive to a number of assumptions including discount rates, cash flow projections, operating margins, and comparable market multiples. In order to accurately forecast future cash flows, the Company estimates single family housing starts and the repair and remodeling market's growth rates. However, there is no assurance that: (1) valuation multiples will not decline, (2) discount rates will not increase, or (3) the earnings, book values or projected earnings and cash flows of the Company's reporting units will not decline. The reporting unit goodwill balances were as follows as of April 2, 2016 and December 31, 2015 : (Amounts in thousands) April 2, 2016 December 31, 2015 Siding, Fencing and Stone $ 349,185 $ 347,958 Windows and Doors 130,364 129,781 $ 479,549 $ 477,739 The changes in the goodwill balances from December 31, 2015 to April 2, 2016 relate to currency translation. A goodwill rollforward for 2016 is included in the table below: Windows and Siding, Fencing (Amounts in thousands) Doors and Stone Balance as of December 31, 2015 Goodwill $ 457,554 $ 470,185 Accumulated impairment losses (327,773 ) (122,227 ) $ 129,781 $ 347,958 Currency translation adjustments 583 1,227 Balance as of April 2, 2016 Goodwill 458,137 471,412 Accumulated impairment losses (327,773 ) (122,227 ) $ 130,364 $ 349,185

INTANGIBLE ASSETS

INTANGIBLE ASSETS	3 Months Ended
	Apr. 02, 2016
Finite-Lived Intangible Assets, Net [Abstract]
INTANGIBLE ASSETS, NET	The table that follows presents the major components of intangible assets as of April 2, 2016 and December 31, 2015 : (Amounts in thousands) Average Accumulated Net Carrying (in Years) Cost Amortization Value As of April 2, 2016: Patents 14 $ 12,770 $ (11,372 ) $ 1,398 Trademarks/Tradenames 12 117,271 (77,917 ) 39,354 Customer relationships 13 225,517 (144,994 ) 80,523 Other 5 5,367 (3,685 ) 1,682 Total intangible assets 12 $ 360,925 $ (237,968 ) $ 122,957 As of December 31, 2015: Patents 14 $ 12,770 $ (11,136 ) $ 1,634 Trademarks/Tradenames 12 116,965 (76,249 ) 40,716 Customer relationships 13 217,709 (133,532 ) 84,177 Other 5 5,360 (3,503 ) 1,857 Total intangible assets 12 $ 352,804 $ (224,420 ) $ 128,384 Amortization expense for the three months ended April 2, 2016 and April 4, 2015 was $6.4 million and $6.2 million , respectively. Estimated amortization expense for the fiscal years 2016 through 2020 is shown in the following table: Amortization (Amounts in thousands) expense 2016 (remainder of year) $ 18,481 2017 20,893 2018 20,058 2019 15,993 2020 11,361

COMPREHENSIVE INCOME (LOSS)

COMPREHENSIVE INCOME (LOSS)	3 Months Ended
	Apr. 02, 2016
Equity [Abstract]
COMPREHENSIVE INCOME (LOSS)	Comprehensive loss, net of tax is comprised of the following: (Amounts in thousands) For the three months ended April 2, 2016 April 4, 2015 Net loss $ (27,577 ) $ (48,859 ) Foreign currency translation adjustment 4,773 (7,453 ) Unrealized gain (loss) on derivative instruments (1,720 ) 2,102 Comprehensive loss $ (24,524 ) $ (54,210 )

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Apr. 02, 2016
Debt Instrument [Line Items]
Long-term Debt [Text Block]	LONG-TERM DEBT Long-term debt in the accompanying condensed consolidated balance sheets at April 2, 2016 and December 31, 2015 consists of the following: (Amounts in thousands) April 2, 2016 December 31, 2015 Senior secured asset based revolving credit facility $ 10,000 $ — Term Loan due 2021, net of unamortized early tender premium, discount, and debt issuance costs of $31,294 and $35,106, respectively 360,106 387,369 6.50% Senior notes due 2022, net of unamortized early tender premium, discount, and debt issuance costs of $55,686 and $57,538, respectively 594,314 592,462 $ 964,420 $ 979,831 Less current portion of long-term debt (4,300 ) (4,300 ) $ 960,120 $ 975,531 2015 Debt Transaction On November 5, 2015, Ply Gem Industries entered into a second amended and restated ABL Facility. Among other things, the second amended and restated ABL Facility: (i) increased the overall facility to $350.0 million , (ii) provided an accordion feature of $50.0 million , and (iii) established the applicable margin for borrowings under the ABL Facility to a range of 1.25% to 2.00% for Eurodollar rate loans, depending on availability. All outstanding loans under the second amended and restated ABL Facility are due and payable in full on November 5, 2020. 6.50% Senior Notes due 2022 On January 30, 2014, Ply Gem Industries issued $500.0 million aggregate principal amount of 6.50% Senior Notes due 2022 (the "6.50% Senior Notes") at par. On September 19, 2014, Ply Gem Industries issued an additional $150.0 million aggregate principal amount of 6.50% Senior Notes (the "Senior Tack-on Notes") at an issue price of 93.25% . Interest accrues at 6.50% per annum and is paid semi-annually on February 1 and August 1 of each year. All issued and outstanding 6.50% Senior Notes are registered under the Securities Act. The 6.50% Senior Notes will mature on February 1, 2022 . Prior to February 1, 2017, Ply Gem Industries may redeem up to 40% of aggregate principal amount of the 6.50% Senior Notes with the net cash proceeds from certain equity offerings at a redemption price equal to 106.50% of the aggregate principal amount of the 6.50% Senior Notes to be redeemed, plus accrued and unpaid interest, if any, provided that at least 50% of the aggregate principal amount of the 6.50% Senior Notes remains outstanding after the redemption. Prior to February 1, 2017, Ply Gem Industries may redeem the 6.50% Senior Notes , in whole or in part, at a redemption price equal to 100% of the principal amount plus a “make-whole” premium plus accrued and unpaid interest, if any. At any time on or after February 1, 2017, Ply Gem Industries may redeem the 6.50% Senior Notes , in whole or in part, at declining redemption prices set forth in the indenture governing the 6.50% Senior Notes plus, in each case, accrued and unpaid interest, if any, to the redemption date. The effective interest rate for the 6.50% Senior Notes is 8.39% after considering each of the different interest expense components of this instrument, including the coupon payment and the deferred debt issuance costs. The 6.50% Senior Notes are fully and unconditionally and jointly and severally guaranteed on a senior unsecured basis by Ply Gem Holdings and all of the wholly-owned domestic subsidiaries of Ply Gem Industries (the “Guarantors”). The indenture governing the 6.50% Senior Notes contains certain covenants that limit the ability of Ply Gem Industries and its restricted subsidiaries to incur additional indebtedness, pay dividends or make other distributions or repurchase or redeem their stock, make loans and investments, sell assets, incur certain liens, enter into agreements restricting their ability to pay dividends, enter into transactions with affiliates, and consolidate, merge or sell assets. In particular, Ply Gem Industries and its restricted subsidiaries may not incur additional debt (other than permitted debt (as defined in the indenture) in limited circumstances) unless, after giving effect to such incurrence, the consolidated interest coverage ratio of Ply Gem Industries would be at least 2.00 to 1.00. In the absence of satisfying the consolidated interest coverage ratio test, Ply Gem Industries and its restricted subsidiaries may only incur additional debt under certain circumstances, including, but not limited to, debt under credit facilities (as defined in the indenture) (x) in an amount not to exceed the greater of (a) $350.0 million and (b) the borrowing base (as defined in the indenture) and (y) in an amount not to exceed the greater of (A) $575.0 million and (B) the aggregate amount of indebtedness (as defined in the indenture) that that would cause the consolidated secured debt ratio (as defined in the indenture) to be equal to 4.00 to 1.00; purchase money indebtedness in an aggregate amount not to exceed the greater of (x) $35.0 million and (y) 10% of consolidated net tangible assets (as defined in the indenture) at any one time outstanding; debt of foreign subsidiaries in an aggregate amount not to exceed the greater of (x) $60.0 million and (y) 15% of consolidated net tangible assets (as defined in the indenture) at any one time outstanding; debt pursuant to a general basket in an aggregate amount at any one time outstanding not to exceed the greater of (x) $75.0 million and (y) 20% of consolidated net tangible assets; and the refinancing of debt under certain circumstances. Term Loan Facility due 2021 On January 30, 2014, Ply Gem Industries entered into a credit agreement governing the terms of its $430.0 million Term Loan Facility. Ply Gem Industries originally borrowed $430.0 million under the Term Loan Facility on January 30, 2014, with an original discount of approximately $2.2 million , yielding proceeds of approximately $427.9 million . The Term Loan Facility will mature on January 30, 2021 . The Term Loan Facility requires scheduled quarterly payments in an aggregate annual amount equal to 1.00% of the original aggregate principal amount of the Term Loan Facility with the balance due at maturity. Interest on outstanding borrowings under the Term Loan Facility is paid quarterly. Borrowings under the Term Loan Facility bear interest at a rate equal to, at Ply Gem Industries’ option, either (a) a base rate determined by reference to the highest of (i) the prime rate of the administrative agent under the credit agreement, (ii) the federal funds rate plus 0.50% and (iii) the adjusted LIBO rate for a one-month interest period plus 1.00% or (b) a LIBO rate determined by reference to the cost of funds for eurocurrency deposits in dollars for the interest period relevant to such borrowing, adjusted for certain additional costs, subject to a 1.00% floor, plus, in each case, an applicable margin of 3.00% for any eurocurrency loan and 2.00% for any alternate base rate loan. As of April 2, 2016 , the Company's interest rate on the Term Loan Facility was 4.00% . The effective interest rate for the Term Loan is 7.24% after considering each of the different interest expense components of this instrument, including the coupon payment, the deferred debt issuance costs and the original issue discount. The Term Loan Facility allows Ply Gem Industries to request one or more incremental term loan facilities in an aggregate amount not to exceed the greater of (x) $140.0 million and (y) an amount such that Ply Gem Industries’ consolidated senior secured debt ratio (as defined in the credit agreement), on a pro forma basis, does not exceed 3.75 to 1.00, in each case, subject to certain conditions and receipt of commitments by existing or additional financial institutions or institutional lenders. The Term Loan Facility requires Ply Gem Industries to prepay outstanding term loans, subject to certain exceptions, with: (i) 50% (which percentage will be reduced to 25% if our consolidated senior secured debt ratio is equal or less than 2.50 to 1.00 but greater than 2.00 to 1.00 and to 0% if our consolidated senior secured debt ratio is equal to or less than 2.00 to 1.00) of our annual excess cash flow (as defined in the credit agreement), to the extent such excess cash flow exceeds $15.0 million ; (ii) 100% of the net cash proceeds of certain non-ordinary course asset sales or certain insurance and condemnation proceeds, in each case subject to certain exceptions and reinvestment rights; and (iii) 100% of the net cash proceeds of certain issuances of debt, other than proceeds from debt permitted under the Term Loan Facility. Ply Gem Industries may voluntarily repay outstanding loans under the Term Loan Facility at any time without premium or penalty, other than customary “breakage” costs with respect to LIBOR loans. As of and for the year ended December 31, 2015, the Company's consolidated senior secured debt ratio was 1.97 and as a result no excess cash flow payment under the Term Loan Facility was required. However, the Company elected on March 10, 2016 to voluntarily prepay $30.0 million on the Term Loan Facility to reduce its outstanding indebtedness. The Term Loan Facility is secured on a first-priority lien basis by the stock of Ply Gem Industries and by substantially all of the assets (other than the assets securing the obligations under the ABL Facility, which primarily consist of accounts receivable, inventory, cash, deposit accounts, securities accounts, chattel paper, contract rights, instruments, documents related thereto and proceeds of the foregoing) of Ply Gem Industries and the Guarantors that are subsidiaries of Ply Gem Industries and on a second-priority lien basis by the assets that secure the ABL Facility. The Term Loan Facility includes negative covenants, subject to certain exceptions, that are substantially the same as the negative covenants in the 6.50% Senior Notes but does not contain any restrictive financial covenants. The Term Loan Facility also restricts the ability of Ply Gem Industries’ subsidiaries to enter into agreements restricting their ability to grant liens to secure the Term Loan Facility and contains a restriction on changes in fiscal year. Senior Secured Asset Based Revolving Credit Facility due 2020 On November 5, 2015, Ply Gem Holdings, Inc., Ply Gem Industries, Inc., Gienow Canada Inc., and Mitten Inc. (together with Gienow, the “Canadian Borrowers”) entered into a second amended and restated credit agreement governing the ABL Facility. Among other things, the second amendment and restatement of the credit agreement governing the ABL Facility: (i) increased the overall facility to $350.0 million from $300.0 million , (ii) established an accordion feature of $50.0 million , (iii) reduced the applicable margin for borrowings under the ABL Facility to a range from 1.25% to 2.00% for Eurodollar rate loans, depending on availability, and (iv) extended the maturity until November 5, 2020. Under the ABL Facility, $300.0 million is available to Ply Gem Industries and $50.0 million is available to the Canadian Borrowers. The following summary describes the ABL Facility after giving effect to the second amendment and restatement. As a result of the November 2015 ABL Facility amendment in which the loan syndication consisted of previous members who either maintained or increased their position as well as new syndication members, the Company capitalized new debt issuance costs of $1.5 million and will amortize these costs through 2020. Borrowings under the ABL Facility bear interest at a rate per annum equal to, at Ply Gem Industries’ option, either (a) a base rate determined by reference to the higher of (1) the corporate base rate of the administrative agent under the ABL Facility and (2) the federal funds rate plus 0.5% or (b) a Eurodollar rate determined by reference to the costs of funds for U.S. dollar deposits for the interest period relevant to such borrowing adjusted for certain additional costs, in each case plus an applicable margin. The initial applicable margin for borrowings under the ABL Facility was 0.50% for base rate loans and 1.50% for Eurodollar rate loans. The applicable margin for borrowings under the ABL Facility is subject to step ups and step downs based on average excess availability under the ABL Facility. Swingline loans bear interest at a rate per annum equal to the base rate plus the applicable margin. In addition to paying interest on outstanding principal under the ABL Facility, Ply Gem Industries is required to pay a commitment fee in respect of the unutilized commitments thereunder, which fee will be determined based on utilization of the ABL Facility (increasing when utilization is low and decreasing when utilization is high) multiplied by a commitment fee rate determined by reference to average excess availability under the ABL Facility. The commitment fee rate during any fiscal quarter is 0.375% when average excess availability is greater than $100.0 million for the preceding fiscal quarter and 0.25% when average availability is less than or equal to $100.0 million for the preceding fiscal quarter. Ply Gem Industries must also pay customary letter of credit fees equal to the applicable margin on Eurodollar loans and agency fees. As of April 2, 2016 , the Company’s interest rate on the ABL Facility was approximately 1.89% . The ABL Facility requires that if (a) excess availability is less than the greater of (x) 10.0% of the lower of the borrowing base and the aggregate commitments and (y) $25.0 million or (b) any event of default has occurred and is continuing, Ply Gem Industries must comply with a minimum fixed charge coverage ratio test of 1.0 to 1.0. If the excess availability under the ABL Facility is less than the greater of (a) 12.5% of the lesser of the borrowing base and the aggregate commitments and (b) $30.0 million ( $27.5 million for the months of January, February, March and April) for a period of 5 consecutive days or an event of default has occurred and is continuing, all cash from Ply Gem Industries material deposit accounts (including all concentration accounts) will be swept daily into a collection account controlled by the administrative agent under the ABL Facility and used to repay outstanding loans and cash collateralize letters of credit. All obligations under the ABL Facility are unconditionally guaranteed by Ply Gem Holdings and substantially all of Ply Gem Industries’ existing and future, direct and indirect, wholly owned domestic subsidiaries. All obligations under the ABL Facility, and the guarantees of those obligations, are secured, subject to certain exceptions, by substantially all of the assets of Ply Gem Industries and the guarantors, including a first-priority security interest in personal property consisting of accounts receivable, inventory, cash, deposit accounts, and certain related assets and proceeds of the foregoing and a second-priority security interest in, and mortgages on, substantially all of Ply Gem Industries’ and the Guarantors’ material owned real property and equipment and all assets that secure the Term Loan Facility on a first-priority basis. In addition to being secured by the collateral securing the obligations of Ply Gem Industries under the domestic collateral package, the obligations of the Canadian Borrowers, which are borrowers under the Canadian sub-facility under the ABL Facility, are also secured by a first-priority security interest in substantially all of the assets of such Canadian subsidiaries, plus additional mortgages in Canada, and a pledge by Ply Gem Industries of the remaining 35% of the equity interests of the Canadian Borrowers pledged only to secure the Canadian sub-facility. The ABL Facility contains certain covenants that limit Ply Gem Industries’ ability and the ability of Ply Gem Industries’ subsidiaries to incur additional indebtedness, pay dividends or make other distributions or repurchase or redeem their stock, make loans and investments, sell assets, incur certain liens, enter into transactions with affiliates, and consolidate, merge or sell assets. As of April 2, 2016 , Ply Gem Industries had approximately $329.4 million of contractual availability and approximately $208.4 million of borrowing base availability under the ABL Facility, reflecting $10.0 million of borrowings outstanding and approximately $10.6 million of letters of credit and priority payables reserves. Loss on debt modification or extinguishment During March 2016, the Company made a voluntarily prepayment of $30.0 million on the Term Loan Facility to reduce its outstanding indebtedness as allowable under the terms of the Term Loan Facility. The Company performed an analysis to determine the proper accounting treatment for this voluntary prepayment by evaluating the change in cash flows and determined that there were no changes in the creditors as a result of the prepayment. Consequently, the Company recognized a loss on debt modification or extinguishment of approximately $2.4 million for the three months ended April 2, 2016 reflecting the proportionate write-off of the related debt discount and debt issuance costs associated with the $30.0 million payment, as summarized in the table below. (Amounts in thousands) For the three months ended April 2, 2016 April 4, 2015 Loss on modification of debt: Term Loan Facility unamortized discount $ 1,915 — Term Loan Facility unamortized debt issuance costs 484 — 2,399 — Total loss on modification or extinguishment of debt $ 2,399 $ —

PENSION PLANS

PENSION PLANS	3 Months Ended
	Apr. 02, 2016
Compensation and Retirement Disclosure [Abstract]
PENSION PLANS	PENSION PLANS The Company has two pension plans, the Ply Gem Group Pension Plan and the MW Manufacturers, Inc. Retirement Plan. The Company’s net periodic benefit expense for the combined plans for the periods indicated consists of the following components : (Amounts in thousands) For the three months ended April 2, 2016 April 4, 2015 Service cost $ — $ — Interest cost 486 502 Expected return on plan assets (545 ) (577 ) Amortization of loss 354 296 Net periodic benefit expense $ 295 $ 221

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Apr. 02, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Indemnifications In connection with the Ply Gem acquisition, in which Ply Gem Industries was acquired from Nortek, Inc. (“Nortek”) in February 2004, Nortek has agreed to indemnify the Company for certain liabilities as set forth in the stock purchase agreement governing the Ply Gem acquisition. In the event Nortek is unable to satisfy amounts due under these indemnifications, the Company would be liable. The Company believes that Nortek has the financial capacity to honor its indemnification staobligations and therefore does not anticipate incurring any losses related to liabilities indemnified by Nortek under the stock purchase agreement. A receivable related to this indemnification has been recorded in other long-term assets of approximately $1.6 million and $1.8 million at April 2, 2016 and December 31, 2015 , respectively. As of April 2, 2016 and December 31, 2015 , the Company has recorded liabilities related to these indemnifications of approximately $0.5 million and $0.5 million , respectively, in current liabilities and $1.1 million and $1.3 million , respectively, in long-term liabilities, consisting of the following: (Amounts in thousands) April 2, 2016 December 31, 2015 Product claim liabilities $ 138 $ 138 Multi-employer pension plan withdrawal liability 884 960 Other 531 664 $ 1,553 $ 1,762 Warranty claims The Company sells a number of products and offers a number of warranties. The specific terms and conditions of these warranties vary depending on the product sold. The Company estimates the costs that may be incurred under their warranties and records a liability for such costs at the time of sale. Factors that affect the Company’s warranty liabilities include the number of units sold, historical and anticipated rates of warranty claims, cost per claim and new product introduction. The Company assesses the adequacy of the recorded warranty claims and adjusts the amounts as necessary. As of April 2, 2016 and December 31, 2015 , warranty liabilities of approximately $17.1 million and $16.6 million , respectively, have been recorded in current liabilities and approximately $60.4 million and $59.9 million , respectively, have been recorded in long term liabilities. Changes in the Company’s short-term and long-term warranty liabilities are as follows: For the three months ended (Amounts in thousands) April 2, 2016 April 4, 2015 Balance, beginning of period $ 76,562 $ 84,423 Warranty expense during period 5,512 5,027 Settlements made during period (4,613 ) (5,169 ) Balance, end of period $ 77,461 $ 84,281 Environmental The Company is subject to United States and Canadian federal, state, provincial and local laws and regulations relating to pollution and the protection of the environment, including those governing emissions to air, discharges to water, use, storage and transport of hazardous materials, storage, treatment and disposal of waste, remediation of contaminated sites, and protection of worker health and safety. From time to time, the Company's facilities are subject to investigation by governmental regulators. In addition, the Company has been identified as one of many potentially responsible parties for contamination present at certain offsite locations to which it or its predecessors are alleged to have sent hazardous materials for recycling or disposal. The Company may be held liable, or incur fines or penalties, in connection with such requirements or liabilities for, among other things, releases of hazardous substances occurring on or emanating from current or formerly owned or operated properties or any associated offsite disposal location, or for known or newly-discovered contamination at any of the Company's properties from activities conducted by us or previous occupants. The amount of any liability, fine or penalty may be material, and certain environmental laws impose strict, and under certain circumstances joint and several, liability for the cost of addressing releases of hazardous substances upon certain classes of persons, including site owners or operators and persons that disposed or arranged for the disposal of hazardous substances at contaminated sites. MW Manufacturers Inc. (“MW”), a subsidiary of MWM Holding, Inc., entered into an Administrative Order on Consent (the “Consent Order”), effective September 12, 2011, with the United States Environmental Protection Agency (“EPA”), Region III, under Section 3008(h) of the Resource Conservation and Recovery Act ("RCRA"), with respect to its Rocky Mount, Virginia property. During 2011, as part of the Consent Order, MW provided the EPA, among other things, a RCRA Facility Investigation Workplan (the “Workplan”) as well as a preliminary cost estimate of approximately $1.8 million for the predicted assessment, remediation and monitoring activities to be conducted pursuant to the Consent Order over the remediation period, which is currently estimated through 2023. During 2012, the EPA approved the Workplan, and MW is currently implementing the Workplan. The Company has recorded approximately $0.3 million of this environmental liability within current liabilities and approximately $1.2 million within other long-term liabilities in the Company’s condensed consolidated balance sheet at April 2, 2016 and December 31, 2015 . The Company will adjust this environmental remediation liability in future periods, if necessary, as further information develops or circumstances change. Certain liabilities with respect to this contamination relate to the previous closure of an underground storage tank and were assumed by U.S. Industries, Inc., pursuant to its indemnity obligation under the stock purchase agreement dated August 11, 1995, whereby U.S. Industries, Inc. sold the stock of MW to FPI Acquisition Corp. (“Fenway Partners”). As the successor-in-interest of Fenway Partners, the Company is similarly indemnified by U.S. Industries, Inc. Notwithstanding this indemnity, however, under applicable Federal and State laws, MW, and the Company as its parent, could be held liable for all or part of the costs associated with the matter under certain circumstances. Moreover, the Company’s ability to seek indemnification from U.S. Industries, Inc. is limited by the terms and limits of the indemnity as well as the strength of U.S. Industries, Inc. is, however, limited by the terms and limits of the indemnity as well as the strength of U.S. Industries, Inc.’s financial condition, which could change in the future. As of April 2, 2016 , no recovery has been recognized on the Company’s condensed consolidated balance sheet, but the Company will actively pursue this indemnity in future periods and will recognize future recoveries in the period in which they become probable. The State of Nebraska is investigating certain groundwater contamination in northern York, Nebraska, comprised primarily of volatile organic compounds (VOC) (predominantly trichloroethene (TCE)). In December 2013, the EPA announced its proposal to add this groundwater contamination site to the Superfund National Priorities List (NPL) after it was referred to the EPA by the State of Nebraska. Sampling was conducted at the Kroy Building Products, Inc. (“Kroy”) facility in York, Nebraska during the first quarter of 2010. In February 2015, the EPA sent a request for information pursuant to Section 104 of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), and Kroy has responded to this request for information. Given the preliminary stage of this matter, the Company has not recorded a liability for this matter in its condensed consolidated balance sheet as of April 2, 2016 . Alcan Aluminum Corporation (“Alcan”) has assumed the obligation to indemnify the Company with respect to certain liabilities for environmental contamination of the Kroy facility occurring prior to 1994. Notwithstanding this indemnity, however, under applicable Federal and State laws, Kroy, and Ply Gem as its parent, could be held liable for all or part of the costs associated with the matter under certain circumstances. Moreover, the ability of Kroy and Ply Gem to seek indemnification may be limited by the terms and limits of the indemnity as well as the strength of Alcan’s financial condition, which could change in the future. The Company is currently involved in environmental proceedings involving Gienow Canada Inc. (f/k/a Ply Gem Canada, Inc.) and Alberta Environment (arising from subsurface contamination discovered at our Calgary, Alberta property) for which the Company has a $0.1 million liability included in its condensed consolidated balance sheet, and the Company may in the future be subject to environmental proceedings involving Thermal-Gard, Inc. (arising from groundwater contamination in Punxsutawney, Pennsylvania), Mastic Home Exteriors, Inc. (“MHE”) (relating to a closed landfill site in Sidney, Ohio as well as participating as a potentially responsible party in nine contaminated sites in Indiana, Ohio and South Carolina), and Simonton (relating to closed lagoons and certain contamination in Paris, Illinois as well as certain contamination associated with certain 7-Eleven convenience food stores). Under the stock purchase agreement governing the MHE acquisition, Alcoa Securities Corporation and Alcoa, Inc. are to indemnify the Company for certain environmental liabilities in excess of $2.5 million including liabilities relating to the landfill site in Sidney, Ohio and the nine contaminated sites in Indiana, Ohio and South Carolina. Under the stock purchase agreement governing the Simonton acquisition, Fortune Brands Windows & Doors, Inc., is to indemnify the Company for any environmental claims associated with the 7-Eleven convenience food stores. The Company's ability to seek indemnification or enforce these and other obligations is, however, limited by the strength of the financial condition of the indemnitor or responsible party, which could change in the future, as well as the terms and limits of any such indemnities or obligations. Based on current information, the Company is not aware of any compliance obligations, claims, releases or investigations that will have a material adverse effect on our results of operations, cash flows or financial position except as otherwise disclosed in the Company's condensed consolidated financial statements. However, there can be no guarantee that previously known or newly-discovered matters or any inability to enforce our available indemnification rights against previous owners of the Company, its subsidiaries, or their businesses or properties will not result in material costs or liabilities. While the purchase agreements governing certain of our acquisitions provide that the sellers will indemnify us, subject to certain limitations, for certain environmental liabilities, our ability to seek indemnification from the respective sellers is limited by various factors, including the financial condition of the indemnitor or responsible party as well as by the terms and limits of such indemnities or obligations. As a result, there can be no assurance that we could receive any indemnification from the sellers, and any related environmental liabilities, costs or penalties could have a material adverse effect on our financial condition and results of operations. Self-insured risks The Company maintains a broad range of insurance policies which include general liability insurance coverage and workers compensation. These insurance policies protect the Company against a portion of the risk of loss from claims. However, the Company retains a portion of the overall risk for such claims through its self-insured per occurrence and aggregate retentions, deductibles, and claims in excess of available insurance policy limits. The Company's general liability insurance includes coverage for certain damages arising out of product design and manufacturing defects. The Company's insurance coverage is generally subject to a per occurrence retention. The Company reserves for costs associated with claims, as well as incurred but not reported losses (“IBNR”), based on an outside actuarial analysis of its historical claims. These estimates make up a significant portion of the Company's liability and are subject to a high degree of uncertainty due to a variety of factors, including changes in type of claims, claims reporting and resolution patterns, frequency and timing of claims, third party recoveries, estimates of claim values, claims management expenses (including legal fees and expert fees), insurance industry practices, the regulatory environment, and legal precedent. Adjustments to estimated reserves are recorded in the period in which the change in estimate occurs. Litigation During the past several years, the Company incurred increased litigation expense primarily related to the claims discussed below. The Company believes it has valid defenses to the outstanding claims discussed below and will vigorously defend all such claims; however, litigation is subject to many uncertainties and there cannot be any assurance that the Company will ultimately prevail or, in the event of an unfavorable outcome or settlement of litigation, that the ultimate liability would not be material and would not have a material adverse effect on the business, results of operations, cash flows or financial position of the Company. In John Gulbankian v. MW Manufacturers, Inc. (“Gulbankian”), a purported class action filed in March 2010 in the United States District Court for the District of Massachusetts, plaintiffs, on behalf of themselves and all others similarly situated, alleged damages as a result of the defective design and manufacture of certain MW vinyl clad windows. In Eric Hartshorn and Bethany Perry v. MW Manufacturers, Inc. (“Hartshorn”), a purported class action filed in July 2012 in the District Court, plaintiffs, on behalf of themselves and all others similarly situated, alleged damages as a result of the defective design and manufacture of certain MW vinyl clad windows. On April 22, 2014, plaintiffs in both the Gulbankian and Hartshorn cases filed a Consolidated Amended Class Action Complaint, making similar claims against all MW vinyl clad windows. MW entered into a settlement agreement with plaintiffs as of April 18, 2014 to settle both the Gulbankian and Hartshorn cases on a nationwide basis (the “Vinyl Clad Settlement Agreement”). The Vinyl Clad Settlement Agreement provides that this settlement applies to any and all MW vinyl clad windows manufactured from January 1, 1987 through May 23, 2014, and provides for a cash payment for eligible consumers submitting qualified claims showing, among other requirements, certain damage to their MW vinyl clad windows. The period for submitting qualified claims is the later of: (i) May 28, 2016, or (ii) the last day of the warranty period for the applicable window. On December 29, 2014, the District Court granted final approval of this settlement, as well as MW’s payment of attorneys' fees and costs to plaintiffs' counsel in the amount of $2.5 million , issuing a Final Approval Order, Final Judgment, and Order of Dismissal with Prejudice (the "Final Approval Order"). A notice of appeal of the Final Approval Order (the “Appeal”) was given by certain objectors to the settlement, and on May 6, 2015, MW entered into a settlement agreement with, among others, the objectors to fully and finally resolve their claims, including the dismissal of Karl Memari v. Ply Gem Prime Holdings, Inc. et al., another lawsuit seeking class certification with respect to MW's vinyl clad windows, making the Vinyl Clad Settlement Agreement final and binding on the parties. The Company and MW deny all liability in the settlements and with respect to the facts and claims alleged. The Company, however, is aware of the substantial burden, expense, inconvenience and distraction of continued litigation, and therefore agreed to settle these matters. As a result of the Vinyl Clad Settlement Agreement, the Company recognized a $5.0 million expense during the year ended December 31, 2014 within selling, general, and administrative expenses in the Company’s consolidated statement of operations and comprehensive income (loss) in the Company's Windows and Doors segment. It is possible that the Company may incur costs in excess of the recorded amounts; however, the Company currently expects that the total net cost will not exceed $5.0 million . As of April 2, 2016 , approximately $1.5 million of this liability is currently outstanding with $0.7 million as a current liability within accrued expenses and $0.8 million as a noncurrent liability within other long-term liabilities in the Company’s condensed consolidated balance sheet. In Anthony Pagliaroni et al. v. Mastic Home Exteriors, Inc. and Deceuninck North America, LLC , a purported class action filed in January 2012 in the United States District Court for the District of Massachusetts, plaintiffs, on behalf of themselves and all others similarly situated, allege damages as a result of the defective design and manufacture of Oasis composite deck and railing, which was manufactured by Deceuninck North America, LLC (“Deceuninck”) and sold by Mastic Home Exteriors, Inc. (“MHE”). The plaintiffs seek a variety of relief, including (i) economic and compensatory damages, (ii) treble damages, (iii) punitive damages, and (iv) attorneys' fees and costs of litigation. The damages sought in this action have not yet been quantified. The hearing regarding plaintiffs’ motion for class certification was held on March 10, 2015, and the District Court denied plaintiffs’ motion for class certification on September 22, 2015. On October, 6, 2015, plaintiffs filed a petition for interlocutory appeal of the denial of class certification to the U.S. Court of Appeals for the First Circuit, and on April 12, 2016, the Court of Appeals denied this petition for appeal. Deceuninck, as the manufacturer of Oasis deck and railing, has agreed to indemnify MHE for certain liabilities related to this claim pursuant to the sales and distribution agreement, as amended, between Deceuninck and MHE. MHE's ability to seek indemnification from Deceuninck is, however, limited by the terms and limits of the indemnity as well as the strength of Deceuninck's financial condition, which could change in the future. In The Muhler Company, Inc. v. Ply Gem Prime Holdings, Inc. et al. , a lawsuit filed in April 2011 in the United States District Court for the District of South Carolina, Charleston Division, plaintiff alleges unfair competition and trade practices. The plaintiff seeks a variety of relief, including (i) consequential damages, (ii) treble damages, (iii) punitive damages, and (iv) attorneys' fees and costs of litigation. In April 2013, the District Court granted the Company's motion for summary judgment with respect to the federal Lanham Act claims. In May 2013, the plaintiff filed a notice of appeal to the U.S. Court of Appeals for the Fourth Circuit with respect to the summary judgment granted on the federal Lanham Act claims, and the Fourth Circuit denied interlocutory appeal. With the summary judgment granted on the federal Lanham Act claims, only state unfair competition and trade practices claims remain. In April 2015, the District Court heard arguments on the Company's motion for summary judgment with respect to such claims, and on July 13, 2015, the District Court granted the Company’s motion. On July 27, 2015, the plaintiff filed an appeal with the U.S. Court of Appeals for the Fourth Circuit with respect to the District Court’s ruling, and on February 10, 2016, the U.S. Court of Appeals for the Fourth Circuit affirmed the District Court’s ruling. On February 24, 2016, the plaintiff filed a petition for rehearing, which was denied by the Court of Appeals on March 15, 2016. The damages sought in this action have not yet been quantified. In re Ply Gem Holdings, Inc. Securities Litigation is a purported federal securities class action filed on May 19, 2014 in the United States District Court for the Southern District of New York against Ply Gem Holdings, Inc., several of its directors and officers, and the underwriters associated with the Company’s IPO. It is filed on behalf of all persons or entities, other than the defendants, who purchased the common shares of the Company pursuant and/or traceable to the Company’s IPO and seeks remedies under Sections 11 and 15 of the Securities Act of 1933, alleging that the Company’s Form S-1 registration statement was negligently prepared and materially inaccurate, containing untrue statements of material fact and omitting material information which was required to be disclosed. The plaintiffs seek a variety of relief, including (i) damages together with interest thereon and (ii) attorneys’ fees and costs of litigation. On October 14, 2014, Strathclyde Pension Fund was certified as lead plaintiff, and class counsel was appointed. On February 13, 2015, the defendants filed their motion to dismiss the complaint. On September 29, 2015, the District Court granted defendants’ motion to dismiss, but ruled that plaintiff could file an amended complaint. On November 6, 2015, plaintiff filed an amended complaint, and on January 13, 2016, the defendants filed their motion to dismiss this amended complaint. The District Court has not yet ruled on this motion. The damages sought in this action have not yet been quantified. Pursuant to the Underwriting Agreement, dated May 22, 2013, entered into in connection with the IPO, the Company has agreed to reimburse the underwriters for the legal fees and other expenses reasonably incurred by the underwriters’ law firm in its representation of the underwriters in connection with this matter. Pursuant to Indemnification Agreements, dated as of May 22, 2013, between the Company and each of the directors and officers named in this action, the Company has agreed to assume the defense of such directors and officers. We believe the purported federal securities class action is without merit and will vigorously defend the lawsuit. In Raul Carrillo-Hueso and Chec Xiong v. Ply Gem Industries, Inc. and Ply Gem Pacific Windows Corporation , a purported class action filed on November 25, 2015 in the Superior Court of the State of California, County of Alameda, plaintiffs, on behalf of themselves and all others similarly situated, allege damages as a result of, among other things, the defendants’ failure to provide (i) statutorily required meal breaks at the Sacramento, California facility, (ii) accurate wage statements to employees in California, and (iii) all wages due on termination in California. The plaintiffs seek a variety of relief, including (i) economic and compensatory damages, (ii) statutory damages, (iii) penalties, (iv) pre- and post-judgment interest, and (v) attorneys' fees and costs of litigation. The damages sought in this action have not yet been quantified. In Tina Morgan v. Ply Gem Industries, Inc. and Simonton Industries, Inc. , a purported class action filed on December 11, 2015 in the Superior Court of the State of California, County of Solano, plaintiff, on behalf of herself and all others similarly situated, alleges damages as a result of, among other things, the defendants’ failure at the Vacaville, California facility to (i) pay overtime wages, (ii) provide statutorily required meal breaks, (iii) provide accurate wage statements, and (iv) pay all wages owed upon termination. The plaintiff seeks a variety of relief, including (i) economic and compensatory damages, (ii) statutory damages, (iii) penalties, (iv) pre- and post-judgment interest, and (v) attorneys' fees and costs of litigation. The damages sought in this action have not yet been quantified. Other contingencies The Company is subject to other contingencies, including legal proceedings and claims arising out of its operations and businesses that cover a wide range of matters, including, among others, environmental, contract, employment, intellectual property, securities, personal injury, property damage, product liability, warranty, and modification, adjustment or replacement of component parts or units sold, which may include product recalls. Product liability, environmental and other legal proceedings also include matters with respect to businesses previously owned. The Company has used various substances in their products and manufacturing operations, which have been or may be deemed to be hazardous or dangerous, and the extent of its potential liability, if any, under environmental, product liability and workers’ compensation statutes, rules, regulations and case law is unclear. Further, due to the lack of adequate information and the potential impact of present regulations and any future regulations, there are certain circumstances in which no range of potential exposure may be reasonably estimated. Also, it is not possible to ascertain the ultimate legal and financial liability with respect to certain contingent liabilities, including lawsuits, and therefore no such estimate has been made as of April 2, 2016 .

ACCRUED EXPENSES AND OTHER LONG

ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES	3 Months Ended
	Apr. 02, 2016
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES	ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES Accrued expenses consist of the following at April 2, 2016 and December 31, 2015 : (Amounts in thousands) April 2, 2016 December 31, 2015 Insurance $ 9,465 $ 9,347 Employee compensation and benefits 13,781 20,381 Sales and marketing 33,835 50,405 Product warranty 17,119 16,619 Accrued freight 1,519 1,445 Accrued interest 7,150 17,808 Accrued environmental liability 437 430 Accrued pension 647 647 Accrued sales returns and discounts 4,728 3,368 Accrued taxes 5,436 5,575 Litigation accrual 700 700 Other 22,446 26,237 $ 117,263 $ 152,962 Other long-term liabilities consist of the following at April 2, 2016 and December 31, 2015 : (Amounts in thousands) April 2, 2016 December 31, 2015 Insurance $ 1,302 $ 1,237 Pension liabilities 14,827 15,033 Multi-employer pension withdrawal liability 884 960 Product warranty 60,442 59,943 Long-term product claim liability 138 138 Long-term environmental liability 1,196 1,211 Liabilities for tax uncertainties 2,928 2,866 Litigation accrual 810 829 Other 7,243 8,676 $ 89,770 $ 90,893 Long-term incentive plan The Company has a long-term incentive plan (“LTIP”) for certain employees. The long-term incentive plan was implemented to retain and incentivize key employees. During the three months ended April 2, 2016 and April 4, 2015 , the Company recognized a LTIP expense of $1.7 million and $0.7 million , respectively, which has been recorded within selling, general, and administrative expenses in the condensed consolidated statements of operations and comprehensive income (loss). The LTIP liability was $4.4 million and $5.9 million as of April 2, 2016 and December 31, 2015 , respectively, of which $3.4 million and $3.1 million has been recorded within accrued expenses and $1.0 million and $2.8 million in other long-term liabilities in the condensed consolidated balance sheets as of April 2, 2016 and December 31, 2015 , respectively. Other liabilities During the three months ended April 2, 2016 and April 4, 2015 , the Company made approximately $0.7 million and $0.5 million , in cash payments on restructuring liabilities, respectively. These payments were for a restructuring and integration program implemented in Western Canada and general back office centralization efforts incurred as well as product simplification costs incurred for the entire Windows and Doors segment.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Apr. 02, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Effective tax rate Under FASB Accounting Standards Codification 740-270, Income Taxes - Interim Reporting , each interim period is considered an integral part of the annual period and tax expense is measured using an estimated annual effective rate. Estimates of the annual effective tax rate at the end of interim periods are, of necessity, based on evaluation of possible future events and transactions and may be subjevact to subsequent refinement or revision. The Company calculates its quarterly tax provision consistent with the guidance provided by ASC 740-270, whereby the Company forecasts its estimated annual effective tax rate then applies that rate to its year-to-date pre-tax book income (loss). In addition, we exclude jurisdictions with a projected loss for the year or the year-to-date loss where we cannot recognize a tax benefit from our estimated annual effective tax rate. The impact of such an exclusion could result in a higher or lower effective tax rate during a particular quarter, based upon the mix and timing of actual earnings versus annual projections. In addition to the tax resulting from applying the estimated annual effective tax rate to pre-tax income (loss), the Company includes certain items treated as discrete events to arrive at an estimated effective tax rate. Future changes in the forecasted annual income (loss) projections, tax rate changes, or discrete tax items could result in significant adjustments to quarterly income tax expense (benefit) in future periods in accordance with ASC 740-270. For the three months ended April 2, 2016 , the Company's estimated effective income tax rate was approximately 5.4% , which varied from the statutory rate primarily due to state income tax expense, valuation allowances, and foreign income taxes. The effective tax rate including discrete items was 5.1% . The tax benefit for the three months ended April 2, 2016 and April 4, 2015 was approximately $1.5 million and $2.4 million , respectively. Valuation allowance As of April 2, 2016 , a full valuation allowance has been provided against certain deferred tax assets as it is presently deemed more likely than not that the benefit of such net tax assets will not be utilized. All of the Company's subsidiaries, excluding Mitten, are in a full valuation allowance position as of April 2, 2016 . Due to recent cumulative losses incurred by the Company, management did not rely upon projections of future taxable income in assessing the recoverability of deferred tax assets. The Company currently has book goodwill of approximately $28.0 million that is not amortized, which results in a deferred tax liability of approximately $6.9 million at April 2, 2016 . Therefore, the reversal of deferred tax liabilities related to this goodwill is not considered a source of future taxable income in assessing the realization of its deferred tax assets. The Company continues to evaluate its ability to realize the net deferred tax assets and its estimates are subject to change. For the year ending December 31, 2016, the Company may achieve a three-year cumulative income position on a consolidated basis. If the Company achieves this income position during 2016, the Company will evaluate the need for a full, or partial valuation allowance. All of the factors the Company considers in evaluating whether and when to release all or a portion of the deferred tax asset valuation allowance involve significant judgment. For example, there are many different interpretations of "cumulative losses in recent years" which can be used. Also, significant judgment is involved in making projections of future financial and taxable income, since the Company's financial results are significantly dependent upon industry trends, including the new construction and repair and remodeling markets. Most of the markets in which the Company participates are currently in varying states of recovery from the historic downturn experienced in recent years; however, it is not possible to accurately predict whether recovery will continue, and if it does, at what rate and for how long. The Company anticipates any reversal of the valuation allowance during 2016 may favorably impact our results of operations in the period of reversal. Tax uncertainties Despite the Company’s belief that its tax return positions are consistent with applicable tax laws, the Company believes that certain positions could be challenged by taxing authorities. The Company’s tax reserves reflect the difference between the tax benefit claimed on tax returns and the amount recognized in the condensed consolidated financial statements. These reserves have been established based on management’s assessment as to potential exposure attributable to permanent differences and interest applicable to both permanent and temporary differences. The tax reserves are reviewed periodically and adjusted in light of changing facts and circumstances, such as progress of tax audits, lapse of applicable statutes of limitations and changes in tax law. Certain income tax returns are currently under examination by various taxing authorities. During the three months ended April 2, 2016 , approximately $0.1 million of interest expense was recorded on the remaining uncertain tax positions. The Company made no adjustments to the tax reserves during the three months ended April 2, 2016 . The liability for unrecognized tax benefits as of April 2, 2016 was approximately $2.9 million and is recorded in other long-term liabilities in the accompanying condensed consolidated balance sheet. The corresponding amount of gross unrecognized tax benefit was approximately $15.9 million . The difference between the total unrecognized tax benefits and the amount of the liability for unrecognized tax benefits represents unrecognized tax benefits that have been netted against deferred tax assets related to net operating losses in accordance with ASC 740 in addition to accrued penalties and interest. Tax Receivable Agreement On May 22, 2013, the Company entered into a Tax Receivable Agreement (the “Tax Receivable Agreement”) with PG ITR Holdco, L.P. (the “Tax Receivable Entity”). The Tax Receivable Agreement generally provides for the payment by the Company to the Tax Receivable Entity of 85% of the amount of cash savings, if any, in U.S. federal, state and local income tax that the Company actually realizes in periods ending after the IPO as a result of (i) net operating loss ("NOL") carryovers from periods (or portions thereof) ending before January 1, 2013, (ii) deductible expenses attributable to the transactions related to the IPO and (iii) deductions related to imputed interest deemed to be paid by the Company as a result of or attributable to payments under the Tax Receivable Agreement. The term of the Tax Receivable Agreement will continue until all such benefits have been utilized or expired. The Company will retain the benefit of the remaining 15% of these tax savings. The Tax Receivable Agreement will obligate the Company to make payments to the Tax Receivable Entity generally equal to 85% of the applicable cash savings that is actually realized as a result of utilizing NOL carryovers once the tax returns are filed for that respective tax year. The Company estimates that the total anticipated amount of future payments under the Tax Receivable Agreement could be up to approximately $100.0 million assuming no material changes in the relevant tax law, that the Company earns sufficient taxable income to utilize the net operating loss carry forwards, and that utilization of such tax attributes is not subject to limitation under Section 382 of the Internal Revenue Code of 1986, as amended (the "Code") as the result of an “ownership change”. It is possible that future transactions or events or changes in estimates could increase or decrease the actual tax benefits realized from these tax attributes and the corresponding Tax Receivable Agreement payments and liability. Future changes in the Company's full valuation allowance position including the reversal of all or a portion of the Company's valuation allowance could accelerate the expense recognition for the Tax Receivable Agreement liability up to the approximate $100.0 million estimate. As of April 2, 2016 and December 31, 2015, the Company had a long-term liability of approximately $39.0 million and $20.8 million , respectively, and a current portion of $3.0 million and $3.0 million , respectively for the amount due pursuant to the Tax Receivable Agreement related to NOL carryovers. The Company recognized a $18.2 million and $17.2 million expense for this liability during the three months ended April 2, 2016 and April 4, 2015 , respectively. Other As of April 2, 2016 , the Company has not established U.S. deferred taxes on unremitted earnings of the Company’s foreign subsidiaries. Notwithstanding the provisions within the American Jobs Creation Act of 2004, the Company continues to consider these amounts to be permanently reinvested.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Apr. 02, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION A rollforward of stock options outstanding during the three months ended April 2, 2016 is presented below: Stock Options Weighted- Weighted- Balance at January 1, 2016 2,613,793 $ 13.75 5.22 Granted — — — Exercised — — — Forfeited or expired — — — Balance at April 2, 2016 2,613,793 $ 13.75 4.96 As of April 2, 2016 , 2,334,356 options were 100% vested. At April 2, 2016 , the Company had approximately $1.0 million of total unrecognized compensation expense that will be recognized over a weighted average period of 1.65 years. The Company recorded compensation expense of $0.3 million and $0.5 million for the three months ended April 2, 2016 and April 4, 2015 , respectively, related to stock option grants. Restricted stock During December 2014, the Company issued an aggregate of 23,944 restricted shares of common stock in an equal number to each of the four independent members of the Board of Directors. These shares vested over the 2015 calendar period and the Company expensed these items as compensation expense, ratably during 2015. During the three months ended April 4, 2015 , the Company expensed approximately $0.1 million related to these grants in selling, general, and administrative expenses within the condensed consolidated statement of operations and comprehensive income (loss). During December 2015, the Company issued an aggregate of 25,664 restricted shares of common stock in an equal number to each of the four independent members of the Board of Directors. These shares will vest over the 2016 calendar year and the Company will expense these items as compensation expense ratably during 2016. During the three months ended April 2, 2016 , the Company expensed approximately $0.1 million related to these grants in selling, general, and administrative expenses within the condensed consolidated statement of operations and comprehensive income (loss).

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Apr. 02, 2016
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by management in deciding how to allocate resources and in assessing performance. The Company has two reportable segments: (1) Siding, Fencing and Stone and (2) Windows and Doors. The income before income taxes of each segment includes the revenue generated on transactions involving products within that segment less identifiable expenses. Unallocated income and expenses include items which are not directly attributed to or allocated to either of the Company’s reporting segments. Such items include interest, legal costs, corporate payroll, and unallocated finance, and accounting expenses. Unallocated corporate assets include cash and certain receivables. Interest expense is presented net of interest income. Following is a summary of the Company’s segment information: For the three months ended (Amounts in thousands) April 2, 2016 April 4, 2015 Net sales Siding, Fencing and Stone $ 176,376 $ 156,442 Windows and Doors 232,238 219,606 $ 408,614 $ 376,048 Operating earnings (loss) Siding, Fencing and Stone $ 20,374 $ 10,322 Windows and Doors (1,250 ) (16,408 ) Unallocated (9,548 ) (7,964 ) $ 9,576 $ (14,050 ) Total assets as of April 2, 2016 December 31, 2015 Total assets Siding, Fencing and Stone $ 672,389 $ 664,053 Windows and Doors 497,510 498,994 Unallocated 40,954 103,525 $ 1,210,853 $ 1,266,572

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Apr. 02, 2016
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS During March 2015, the Company entered into new retention agreements with the Company's Chief Executive Officer and Chief Financial Officer for $3.0 million and $1.3 million , respectively. These retention agreements incentivize these individuals for three years and will require the Company to make cumulative payments of $4.3 million on December 31, 2017, if both individuals remain employed in their current positions on that date.

GUARANTOR_NON-GUARANTOR FINANCI

GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION	3 Months Ended
	Apr. 02, 2016
GUARANTOR / NON GUARANTOR FINANCIAL INFORMATION [Abstract]
GUARANTOR / NON-GUARANTOR FINANCIAL INFORMATION	13. GUARANTOR/NON-GUARANTOR The 6.50% Senior Notes were issued by our direct 100% owned subsidiary, Ply Gem Industries, and are fully and unconditionally guaranteed on a joint and several basis by the Company and certain of Ply Gem Industries’ 100% owned subsidiaries. Ply Gem Industries is a 100% owned subsidiary of Ply Gem Holdings. Accordingly, the following guarantor and non-guarantor information is presented as of April 2, 2016 and December 31, 2015, and for the three months ended April 2, 2016 and April 4, 2015 . The non-guarantor information presented represents our Canadian subsidiaries: Gienow and Mitten. PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) Three months ended April 2, 2016 Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating (Amounts in thousands) Holdings, Inc. Industries, Inc. Subsidiaries Subsidiaries Adjustments Consolidated Net sales $ — $ — $ 369,514 $ 39,100 $ — $ 408,614 Cost of products sold — — 289,872 32,041 — 321,913 Gross profit — — 79,642 7,059 — 86,701 Operating expenses: Selling, general and administrative expenses — 9,548 49,022 12,165 — 70,735 Intercompany administrative charges — — 7,772 1,673 (9,445 ) — Amortization of intangible assets — — 5,360 1,030 — 6,390 Total operating expenses — 9,548 62,154 14,868 (9,445 ) 77,125 Operating earnings (loss) — (9,548 ) 17,488 (7,809 ) 9,445 9,576 Foreign currency gain — — — 584 — 584 Intercompany interest — 15,933 (15,550 ) (383 ) — — Interest expense — (18,691 ) — (1 ) — (18,692 ) Interest income — 2 2 6 — 10 Loss on modification or extinguishment of debt — (2,399 ) — — — (2,399 ) Tax receivable agreement liability adjustment — (18,150 ) — — — (18,150 ) Intercompany administrative income — 9,445 — — (9,445 ) — Income (loss) before equity in subsidiaries' income (loss) — (23,408 ) 1,940 (7,603 ) — (29,071 ) Equity in subsidiaries' income (loss) (27,577 ) (4,169 ) — — 31,746 — Income (loss) before benefit for income taxes (27,577 ) (27,577 ) 1,940 (7,603 ) 31,746 (29,071 ) Benefit for income taxes — — (527 ) (967 ) — (1,494 ) Net income (loss) $ (27,577 ) $ (27,577 ) $ 2,467 $ (6,636 ) $ 31,746 $ (27,577 ) Other comprehensive income (loss): Foreign currency translation adjustments — — — 4,773 — 4,773 Unrealized loss on derivative instrument — — — (1,720 ) — (1,720 ) Total comprehensive income (loss) $ (27,577 ) $ (27,577 ) $ 2,467 $ (3,583 ) $ 31,746 $ (24,524 ) PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) Three months ended April 4, 2015 Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating (Amounts in thousands) Holdings, Inc. Industries, Inc. Subsidiaries Subsidiary Adjustments Consolidated Net sales $ — $ — $ 327,391 $ 48,657 $ — $ 376,048 Cost of products sold — — 276,444 39,323 — 315,767 Gross profit — — 50,947 9,334 — 60,281 Operating expenses: Selling, general and administrative expenses — 7,964 45,905 14,263 — 68,132 Intercompany administrative charges — — 8,755 1,150 (9,905 ) — Amortization of intangible assets — — 5,061 1,138 — 6,199 Total operating expenses — 7,964 59,721 16,551 (9,905 ) 74,331 Operating loss — (7,964 ) (8,774 ) (7,217 ) 9,905 (14,050 ) Foreign currency loss — — — (934 ) — (934 ) Intercompany interest — 15,778 (13,929 ) (1,849 ) — — Interest expense — (19,080 ) (4 ) (9 ) — (19,093 ) Interest income — 1 2 6 — 9 Tax receivable agreement liability adjustment — (17,185 ) — — — (17,185 ) Intercompany administrative income — 9,905 — — (9,905 ) — Loss before equity in subsidiaries' loss — (18,545 ) (22,705 ) (10,003 ) — (51,253 ) Equity in subsidiaries' loss (48,859 ) (30,314 ) — — 79,173 — Loss before benefit for income taxes (48,859 ) (48,859 ) (22,705 ) (10,003 ) 79,173 (51,253 ) Benefit for income taxes — — (1,580 ) (814 ) — (2,394 ) Net loss $ (48,859 ) $ (48,859 ) $ (21,125 ) $ (9,189 ) $ 79,173 $ (48,859 ) Other comprehensive income (loss): Foreign currency translation adjustments — — — (7,453 ) — (7,453 ) Unrealized gain on derivative instrument — — — 2,102 — 2,102 Total comprehensive loss $ (48,859 ) $ (48,859 ) $ (21,125 ) $ (14,540 ) $ 79,173 $ (54,210 ) PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET As of April 2, 2016 (Amounts in thousands) Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating ASSETS Holdings, Inc. Industries, Inc. Subsidiaries Subsidiaries Adjustments Consolidated Current Assets: Cash and cash equivalents $ — $ 31,687 $ (6,952 ) $ 9,606 $ — $ 34,341 Accounts receivable, net — — 182,854 21,305 — 204,159 Inventories: Raw materials — — 63,500 5,835 — 69,335 Work in process — — 22,420 2,049 — 24,469 Finished goods — — 52,733 14,869 — 67,602 Total inventory — — 138,653 22,753 — 161,406 Prepaid expenses and other current assets — 1,437 18,446 4,317 — 24,200 Deferred income taxes — — 14,202 — — 14,202 Total current assets — 33,124 347,203 57,981 — 438,308 Investments in subsidiaries (101,001 ) (248,594 ) — — 349,595 — Property and Equipment, at cost: Land — — 7,436 786 — 8,222 Buildings and improvements — — 62,458 4,719 — 67,177 Machinery and equipment — 5,175 368,643 18,309 — 392,127 — 5,175 438,537 23,814 — 467,526 Less accumulated depreciation — (1,816 ) (293,909 ) (10,024 ) — (305,749 ) Total property and equipment, net — 3,359 144,628 13,790 — 161,777 Other Assets: Intangible assets, net — — 106,840 16,117 — 122,957 Goodwill — — 449,366 30,183 — 479,549 Intercompany note receivable — 1,135,073 — — (1,135,073 ) — Other — 4,471 3,791 — — 8,262 Total other assets — 1,139,544 559,997 46,300 (1,135,073 ) 610,768 $ (101,001 ) $ 927,433 $ 1,051,828 $ 118,071 $ (785,478 ) $ 1,210,853 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities: Accounts payable $ — $ 181 $ 62,488 $ 11,124 $ — $ 73,793 Accrued expenses — 13,470 89,679 14,114 — 117,263 Current portion of payable to related parties pursuant to tax receivable agreement — 3,005 — — — 3,005 Current portion of long-term debt — 4,300 — — — 4,300 Total current liabilities — 20,956 152,167 25,238 — 198,361 Deferred income taxes — — 20,483 4,159 — 24,642 Intercompany note payable — — 1,027,543 107,530 (1,135,073 ) — Long-term portion of payable to related parties pursuant to tax receivable agreement — 38,961 — — — 38,961 Other long-term liabilities — 8,397 77,386 3,987 — 89,770 Long-term debt, less current portion — 960,120 — — — 960,120 Commitments and contingencies Stockholders' Equity (Deficit): Preferred stock — — — — — — Common stock 681 681 — — (681 ) 681 Additional paid-in-capital 749,633 749,633 372,720 26,854 (1,149,207 ) 749,633 (Accumulated deficit) retained earnings (817,801 ) (817,801 ) (582,497 ) (32,182 ) 1,432,480 (817,801 ) Accumulated other comprehensive loss (33,514 ) (33,514 ) (15,974 ) (17,515 ) 67,003 (33,514 ) Total stockholders' (deficit) equity (101,001 ) (101,001 ) (225,751 ) (22,843 ) 349,595 (101,001 ) $ (101,001 ) $ 927,433 $ 1,051,828 $ 118,071 $ (785,478 ) $ 1,210,853 PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2015 Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating (Amounts in thousands) Holdings, Inc. Industries, Inc. Subsidiaries Subsidiary Adjustments Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 94,692 $ (4,944 ) $ 19,677 $ — $ 109,425 Accounts receivable, net — — 172,560 22,605 — 195,165 Inventories: Raw materials — — 58,400 5,602 — 64,002 Work in process — — 23,126 2,193 — 25,319 Finished goods — — 47,946 13,136 — 61,082 Total inventory — — 129,472 20,931 — 150,403 Prepaid expenses and other current assets — 944 20,310 3,393 — 24,647 Deferred income taxes — — 11,255 6 — 11,261 Total current assets — 95,636 328,653 66,612 — 490,901 Investments in subsidiaries (76,813 ) (245,265 ) — — 322,078 — Property and Equipment, at cost: Land — — 7,436 739 — 8,175 Buildings and improvements — — 61,883 4,438 — 66,321 Machinery and equipment — 4,813 364,093 16,844 — 385,750 — 4,813 433,412 22,021 — 460,246 Less accumulated depreciation — (1,755 ) (288,542 ) (8,946 ) — (299,243 ) Total property and equipment, net — 3,058 144,870 13,075 — 161,003 Other Assets: Intangible assets, net — — 112,173 16,211 — 128,384 Goodwill — — 449,366 28,373 — 477,739 Intercompany note receivable — 1,104,510 — — (1,104,510 ) — Other — 4,831 3,714 — — 8,545 Total other assets — 1,109,341 565,253 44,584 (1,104,510 ) 614,668 $ (76,813 ) $ 962,770 $ 1,038,776 $ 124,271 $ (782,432 ) $ 1,266,572 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities: Accounts payable $ — $ 235 $ 60,655 $ 13,606 $ — $ 74,496 Accrued expenses — 24,512 113,051 15,399 — 152,962 Current portion of payable to related parties pursuant to tax receivable agreement — 3,005 — — — 3,005 Current portion of long-term debt — 4,300 — — — 4,300 Total current liabilities — 32,052 173,706 29,005 — 234,763 Deferred income taxes — — 17,470 3,917 — 21,387 Intercompany note payable — — 1,002,447 102,063 (1,104,510 ) — Long-term portion of payable to related parties pursuant to tax receivable agreement — 20,811 — — — 20,811 Other long-term liabilities — 11,189 75,911 3,793 — 90,893 Long-term debt — 975,531 — — — 975,531 Commitments and contingencies Stockholders' Equity (Deficit): Preferred stock — — — — — — Common stock 681 681 — — (681 ) 681 Additional paid-in-capital 749,296 749,296 370,180 31,611 (1,151,087 ) 749,296 (Accumulated deficit) retained earnings (790,224 ) (790,224 ) (584,964 ) (25,546 ) 1,400,734 (790,224 ) Accumulated other comprehensive income (loss) (36,566 ) (36,566 ) (15,974 ) (20,572 ) 73,112 (36,566 ) Total stockholders' (deficit) equity (76,813 ) (76,813 ) (230,758 ) (14,507 ) 322,078 (76,813 ) $ (76,813 ) $ 962,770 $ 1,038,776 $ 124,271 $ (782,432 ) $ 1,266,572 PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the three months ended April 2, 2016 (Amounts in thousands) Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating Holdings, Inc. Industries, Inc. Subsidiaries Subsidiaries Adjustments Consolidated Cash flows from operating activities: Net income (loss) $ (27,577 ) $ (27,577 ) $ 2,467 $ (6,636 ) $ 31,746 $ (27,577 ) Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities: Depreciation and amortization expense — 61 12,379 1,590 — 14,030 Non-cash restructuring costs — — — 566 — 566 Non-cash interest expense, net — 3,416 — — — 3,416 Gain on foreign currency transactions — — — (584 ) — (584 ) Loss on modification or extinguishment of debt — 2,399 — — — 2,399 Stock based compensation — 337 — — — 337 Deferred income taxes — — 65 — — 65 Tax receivable agreement liability adjustment — 18,150 — — — 18,150 Increase in tax uncertainty, net of valuation allowance — — 62 — — 62 Equity in subsidiaries' net income (loss) 27,577 4,169 — — (31,746 ) — Other — — 138 — — 138 Changes in operating assets and liabilities: Accounts receivable, net — — (11,718 ) 2,584 — (9,134 ) Inventories — — (10,511 ) (467 ) — (10,978 ) Prepaid expenses and other assets — (285 ) (68 ) 98 — (255 ) Accounts payable — (54 ) (3,995 ) 3,174 — (875 ) Accrued expenses — (13,833 ) (25,802 ) 1,860 — (37,775 ) Cash payments on restructuring liabilities — — (112 ) (556 ) — (668 ) Other — — 139 (2 ) — 137 Net cash provided by (used in) operating activities — (13,217 ) (36,956 ) 1,627 — (48,546 ) Cash flows from investing activities: Capital expenditures — (362 ) (6,946 ) (424 ) — (7,732 ) Proceeds from sale of assets — — 76 — — 76 Net cash used in investing activities — (362 ) (6,870 ) (424 ) — (7,656 ) Cash flows from financing activities: Net revolver borrowings — 10,000 — — — 10,000 Payments on long-term debt — (31,075 ) — — — (31,075 ) Proceeds from intercompany investment — (28,351 ) 41,818 (13,467 ) — — Net cash provided by (used in) financing activities — (49,426 ) 41,818 (13,467 ) — (21,075 ) Impact of exchange rate movements on cash — — — 2,193 — 2,193 Net decrease in cash and cash equivalents — (63,005 ) (2,008 ) (10,071 ) — (75,084 ) Cash and cash equivalents at the beginning of the period — 94,692 (4,944 ) 19,677 — 109,425 Cash and cash equivalents at the end of the period $ — $ 31,687 $ (6,952 ) $ 9,606 $ — $ 34,341 PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the three months ended April 4, 2015 (Amounts in thousands) Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating Holdings, Inc. Industries, Inc. Subsidiaries Subsidiary Adjustments Consolidated Cash flows from operating activities: Net loss $ (48,859 ) $ (48,859 ) $ (21,125 ) $ (9,189 ) $ 79,173 $ (48,859 ) Adjustments to reconcile net loss to cash used in operating activities: Depreciation and amortization expense — 150 12,840 1,831 — 14,821 Non-cash restructuring expense — — — 46 — 46 Non-cash interest expense, net — 3,419 — — — 3,419 Loss on foreign currency transactions — — — 934 — 934 Stock based compensation — 586 — — — 586 Deferred income taxes — — 1,019 — — 1,019 Tax receivable agreement liability adjustment — 17,185 — — — 17,185 Increase in tax uncertainty, net of valuation allowance — — 73 — — 73 Equity in subsidiaries' net loss 48,859 30,314 — — (79,173 ) — Other — — (13 ) — — (13 ) Changes in operating assets and liabilities: Accounts receivable, net — — (6,729 ) 765 — (5,964 ) Inventories — — 2,304 (1,835 ) — 469 Prepaid expenses and other assets — 755 4,161 (123 ) — 4,793 Accounts payable — (57 ) (8,736 ) 992 — (7,801 ) Accrued expenses — (16,211 ) (26,275 ) 2,729 — (39,757 ) Cash payments on restructuring liabilities — — (44 ) (429 ) — (473 ) Other — — (1,469 ) — — (1,469 ) Net cash used in operating activities — (12,718 ) (43,994 ) (4,279 ) — (60,991 ) Cash flows from investing activities: Capital expenditures — (67 ) (6,026 ) (978 ) — (7,071 ) Proceeds from sale of assets — — 25 — — 25 Net cash used in investing activities — (67 ) (6,001 ) (978 ) — (7,046 ) Cash flows from financing activities: Net revolver borrowings — 60,000 — — — 60,000 Payments on long-term debt — (1,075 ) — — — (1,075 ) Proceeds from exercises of employee stock options — 182 — — — 182 Proceeds from intercompany investment — (42,081 ) 44,417 (2,336 ) — — Net cash provided by (used in) financing activities — 17,026 44,417 (2,336 ) — 59,107 Impact of exchange rate movement on cash — — — (1,788 ) — (1,788 ) Net increase (decrease) in cash and cash equivalents — 4,241 (5,578 ) (9,381 ) — (10,718 ) Cash and cash equivalents at the beginning of the period — 23,555 (5,845 ) 15,452 — 33,162 Cash and cash equivalents at the end of the period $ — $ 27,796 $ (11,423 ) $ 6,071 $ — $ 22,444

SUMMARY OF SIGNIFICANT ACCOUN19

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Apr. 02, 2016
Accounting Policies [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The Company determined the fair value of the tangible and intangible assets and the liabilities acquired, and recorded goodwill based on the excess of fair value of the acquisition consideration over such fair values, as follows: (Amounts in thousands) Accounts receivable $ 3,559 Inventories 712 Prepaid expenses and other current assets 41 Property and equipment 2,019 Intangible assets 9,300 Goodwill 7,642 Accounts payable, accrued expenses and other long-term liabilities (2,273 ) $ 21,000
Business Combinations Policy [Policy Text Block]	Acquisitions On May 29, 2015, Ply Gem completed an acquisition for cash consideration of approximately $21.0 million to acquire substantially all of the assets of Canyon Stone Inc. ("Canyon Stone"), a manufacturer and distributor of stone veneer and accessories in the United States. Canyon Stone has manufacturing facilities in Olathe, Kansas and Youngsville, North Carolina. The purchase agreement also includes contingent consideration in the form of potential earn-out payments of up to $1.0 million based on Canyon Stone's earnings for fiscal years 2015 through 2017. This acquisition expanded the Company's stone veneer manufacturing footprint across the United States as it complements the existing Ply Gem Stone manufacturing facility in Middleburg, Pennsylvania. The Company accounted for the transaction as an acquisition in accordance with the provisions of Accounting Standards Codification 805, Business Combinations , which results in a new valuation for the assets and liabilities of Canyon Stone based upon fair values as of the acquisition date. Since the acquisition was completed on May 29, 2015, the final acquisition accounting allocation remains subject to further adjustments. The specific accounts subject to ongoing purchase accounting adjustments include accounts receivable, inventories, prepaid expenses and other current assets, property and equipment, goodwill, intangibles, accounts payable, accrued expenses, and other liabilities. Therefore, the measurement date remains open as of April 2, 2016 , and the preliminary acquisition accounting allocation detailed below is subject to adjustment. The Company anticipates completing these acquisition accounting adjustments during 2016. The Company determined the fair value of the tangible and intangible assets and the liabilities acquired, and recorded goodwill based on the excess of fair value of the acquisition consideration over such fair values, as follows: (Amounts in thousands) Accounts receivable $ 3,559 Inventories 712 Prepaid expenses and other current assets 41 Property and equipment 2,019 Intangible assets 9,300 Goodwill 7,642 Accounts payable, accrued expenses and other long-term liabilities (2,273 ) $ 21,000 The $7.6 million of goodwill was allocated to the Siding, Fencing and Stone segment and the goodwill is expected to be deductible for tax purposes. The Company has recognized a liability of approximately $0.8 million as the estimated acquisition date fair value of the earn-out as of April 2, 2016 and December 31, 2015. This amount is included within other long-term liabilities in the condensed consolidated balance sheets. Any change in the fair value of the contingent consideration subsequent to the acquisition date will be recognized in earnings in the period of change.
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Ply Gem Holdings, Inc. and its subsidiaries (referred to herein as “Ply Gem Holdings”, “Ply Gem”, the “Company”, “we”, “us”, or “our”) have been prepared in accordance with U.S. generally accepted accounting principles as described in the consolidated financial statements and related notes included in our 2015 Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 14, 2016. These statements do not include all of the information and footnotes required by U.S. generally accepted accounting principles and should be read in conjunction with our 2015 Annual Report on Form 10-K. In management’s opinion, all normal and recurring adjustments considered necessary for a fair presentation have been included. Operating results for the period from January 1, 2016 through April 2, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016 . The condensed consolidated balance sheet at December 31, 2015 has been derived from the audited consolidated financial statements of Ply Gem Holdings at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. The Company’s fiscal quarters are based on periods ending on the Saturday of the last week in the quarter. Therefore, the financial results of certain fiscal quarters will not be comparable to the prior and subsequent fiscal quarters. The accompanying financial statements include the Company’s condensed consolidated statements of operations and comprehensive income (loss) for the three months ended April 2, 2016 and April 4, 2015 , the condensed consolidated statements of cash flows for the three months ended April 2, 2016 and April 4, 2015 , and the condensed consolidated balance sheets as of April 2, 2016 and December 31, 2015 . Ply Gem is a diversified manufacturer of residential and commercial building products, which are sold primarily in the United States and Canada, and include a wide variety of products for the residential and commercial construction, the do-it-yourself and the professional remodeling and renovation markets. The demand for the Company’s products is seasonal, particularly in the Northeast and Midwest regions of the United States and Canada where inclement weather during the winter months usually reduces the level of building and remodeling activity in both the home repair and remodeling and new home construction sectors. The Company’s sales are usually lower during the first and fourth quarters. To a significant extent our performance is dependent upon the levels of home repair and remodeling and new home construction spending, all of which are affected by such factors as interest rates, inflation, consumer confidence, unemployment, and availability of consumer credit.
Principles of Consolidation	Principles of Consolidation The condensed consolidated financial statements include the accounts of Ply Gem Holdings and its subsidiaries, all of which are wholly owned. All intercompany accounts and transactions have been eliminated.
Reclassifications [Text Block]	Reclassifications Due to the adoption of ASU No. 2015-03, Interest-Imputation of Interest , certain balance sheet amounts in the prior fiscal year have been reclassified to conform to the presentation adopted in the current fiscal year, with no effect on net income (loss), accumulated deficit, or net cash provided by/used in operating, investing, and financing activities.
Accounting Policies and Use of Estimates	Accounting Policies and Use of Estimates The preparation of these condensed consolidated financial statements in conformity with U.S. generally accepted accounting principles involves estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of income and expense during the reporting periods. Certain of the Company’s accounting policies require the application of judgment in selecting the appropriate assumptions for calculating financial estimates. By their nature, these judgments are subject to an inherent degree of uncertainty. The Company periodically evaluates the judgments and estimates used in their critical accounting policies to ensure that such judgments and estimates are reasonable. Such estimates include the allowance for doubtful accounts receivable, rebates, pensions, valuation of inventories, warranty reserves, insurance reserves, legal contingencies, assumptions used in the calculation of income taxes and the tax receivable agreement liability, projected cash flows used in the goodwill and intangible asset impairment tests, and environmental accruals and other contingencies. These judgments are based on the Company’s historical experience, current trends and information available from other sources, and are based on management’s best estimates and judgments. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Volatile equity markets, foreign currency, and litigation risk have combined to increase the uncertainty inherent in such estimates and assumptions. If different conditions result from those assumptions used in the Company’s judgments, actual results could be materially different from the Company’s estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents consist of short-term highly liquid investments with original maturities of three months or less and which are readily convertible into cash.
Accounts Receivable	Accounts Receivable Accounts receivable-trade are recorded at their net realizable value. The allowance for doubtful accounts was $3.5 million at April 2, 2016 and $3.6 million at December 31, 2015 . The Company maintains an allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The Company estimates the allowance for doubtful accounts based on a variety of factors including the length of time receivables are past due, the financial health of its customers, unusual macroeconomic conditions and historical experience. If the financial condition of its customers deteriorates or other circumstances occur that result in an impairment of customers’ ability to make payments, the Company records additional allowances as needed. The Company writes off uncollectible trade accounts receivable against the allowance for doubtful accounts when collection efforts have been exhausted and/or any legal action taken by the Company has concluded.
Inventories	Inventories Inventories in the accompanying condensed consolidated balance sheets are valued at the lower of cost or market and are determined primarily by the first-in, first-out (FIFO) method. The Company records provisions, as appropriate, to write-down obsolete and excess inventory to estimated net realizable value. The process for evaluating obsolete and excess inventory often requires the Company to make subjective judgments and estimates concerning future sales levels, quantities and prices at which such inventory will be able to be sold in the normal course of business. Accelerating the disposal process or incorrect estimates of future sales potential may cause actual results to differ from the estimates at the time such inventory is disposed or sold. As of April 2, 2016 , the Company had inventory purchase commitments of approximately $52.9 million . Inventory reserves were approximately $9.0 million at April 2, 2016 , increasing during the three months ended April 2, 2016 by $0.7 million compared to the December 31, 2015 reserve balance of approximately $8.3 million .
Property and Equipment	Property and Equipment Property and equipment are presented at cost. Depreciation of property and equipment are provided on a straight-line basis over estimated useful lives, which are generally as follows: Buildings and improvements 10-37 years Machinery and equipment, including leases 3-15 years Leasehold improvements Term of lease or useful life, whichever is shorter Expenditures for maintenance and repairs are expensed when incurred. Expenditures for renewals and betterments are capitalized. When assets are sold, or otherwise disposed, the cost and related accumulated depreciation are eliminated and the resulting gain or loss is recognized in operations.
Long-lived assets	Long-lived assets The Company reviews long-lived assets for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company performs an undiscounted operating cash flow analysis to determine if impairment exists. If an impairment is determined to exist, any related impairment loss is calculated based on the asset’s fair value and the discounted cash flows. The Company tests for long-lived asset impairment at the following asset group levels: (i) the combined U.S. Siding, Fencing and Stone companies in the Siding, Fencing and Stone segment (“Siding”), (ii) the combined U.S. Windows companies in the Windows and Doors segment (“U.S. Windows”), (iii) the combined Simonton windows companies in the Windows and Doors segment, (iv) Gienow Canada Inc. ("Gienow Canada") (a combined Western Canadian company created by the January 2014 amalgamation of the Company's legacy Western Canadian business and the Gienow entity acquired in April 2013) in the Windows and Doors segment, and (v) Mitten in the Siding, Fencing and Stone segment. For purposes of recognition and measurement of an impairment loss, a long-lived asset or asset group should represent the lowest level for which an entity can separately identify cash flows that are largely independent of the cash flows of other assets and liabilities. There were no indicators of impairment during the three months ended April 2, 2016 .
Goodwill and other intangible assets	Goodwill and other intangible assets The Company evaluates goodwill for impairment on an annual basis and whenever events or business conditions warrant. All other intangible assets are amortized over their estimated useful lives and are assessed for impairment as necessary. The Company assesses goodwill for impairment at the November month end each year and also at any other date when events or changes in circumstances indicate that the carrying value of these assets may exceed their fair value. To evaluate goodwill for impairment, the Company estimates the fair value of reporting units considering such factors as discounted cash flows and valuation multiples for comparable publicly traded companies. A significant reduction in projected sales and earnings, which would lead to a reduction in future cash flows, could indicate potential impairment. There were no indicators of impairment during the three months ended April 2, 2016 that would trigger an interim impairment test. The Company will continue to evaluate goodwill during future periods and future declines in the residential housing and repair and remodeling markets could result in goodwill impairments.
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs, composed of facility, agency, and certain legal fees associated with issuing new debt financing, are amortized over the contractual term of the related agreement using the effective interest method. Net debt issuance costs totaled approximately $20.9 million and $22.2 million as of April 2, 2016 and December 31, 2015 , respectively, and have been recorded within long-term debt ( $18.2 million at April 2, 2016 and $19.3 million at December 31, 2015) and other non-current assets ( $2.7 million at April 2, 2016 and $2.9 million at December 31, 2015) in the accompanying condensed consolidated balance sheets. The debt issuance costs included in other long term assets relate to the ABL Facility. Amortization of debt issuance costs for the three months ended April 2, 2016 and April 4, 2015 was approximately $0.8 million and $0.8 million , respectively. Amortization of debt issuance costs is recorded in interest expense in the accompanying condensed consolidated statements of operations and comprehensive income (loss).
Income Taxes	Income Taxes The Company utilizes the asset and liability method of accounting for income taxes which requires that deferred tax assets and liabilities be recorded to reflect the future tax consequences of temporary differences between the book and tax basis of various assets and liabilities. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of changes in tax rates on deferred tax assets and liabilities is recognized as income or expense in the period in which the rate change occurs. A valuation allowance is established to offset any deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. Estimates are required with respect to, among other things, the appropriate state income tax rates used in the various states that the Company and its subsidiaries are required to file, the potential utilization of operating and capital loss carry-forwards for both federal and state income tax purposes and valuation allowances required, if any, for tax assets that may not be realized in the future. The Company establishes reserves when, despite our belief that our tax return positions are fully supportable, certain positions could be challenged, and the positions may not be fully sustained. The Company along with its U.S. subsidiaries file a consolidated federal income tax return, separate state income tax returns, combined state returns, and unitary state returns. Gienow Canada and Mitten both file separate Canadian federal income tax returns and separate provincial returns. Tax receivable agreement ("TRA") liability As a result of the Company’s full tax valuation allowance position, the Company’s methodology for calculating the TRA liability considers expectations regarding (i) current year taxable income only (due to the uncertainty of future taxable income associated with the Company’s cumulative loss position) and (ii) future income due to the expected reversals of deferred tax liabilities. During the three months ended April 2, 2016 , the Company estimated its projected taxable income for the full year ending December 31, 2016 based on the Company’s estimates. However, the Company’s methodology to estimate the TRA liability excludes forecasts for fiscal years subsequent to 2016 because such future forecasts and projections cannot be relied upon based on the negative evidence from the Company’s three year cumulative loss position. For fiscal year 2016, the Company estimated to be in a taxable income position; however, this taxable income estimate was currently not sufficient to outweigh the negative evidence or alleviate the Company’s three year cumulative loss position. In addition to projecting the Company’s current year taxable income estimate, the Company considered the reversals of deferred tax assets and deferred tax liabilities.
Environmental	Environmental The Company accrues for losses associated with environmental remediation obligations when such losses are probable and reasonably estimable. Environmental remediation obligation accruals are adjusted as further information develops or circumstances change. Costs of future expenditures for environmental remediation obligations are not discounted to their present value. Recoveries of environmental remediation costs from other parties are recorded as assets when their receipt is deemed probable.
Commitments and Contingencies, Policy	Commitments and Contingencies The Company accrues for all direct costs associated with the estimated resolution of contingencies at the earliest date at which it is deemed probable that a liability has been incurred and the amount of such liability can be reasonably estimated. Costs accrued have been estimated based upon an analysis of potential results, assuming a combination of litigation and settlement strategies and outcomes. Insurance recoveries are recorded as assets when their receipt is deemed probable.
Foreign Currency	Foreign Currency Gienow Canada and Mitten, the Company’s Canadian subsidiaries, utilize the Canadian dollar as their functional currency. For reporting purposes, the Company translates the assets and liabilities of its foreign entities at the exchange rates in effect at period-end. Net sales and expenses are translated using average exchange rates in effect during the period. Gains and losses from foreign currency translation are credited or charged to accumulated other comprehensive income or loss in the accompanying condensed consolidated balance sheets. The Company recorded a gain from foreign currency transactions of approximately $0.6 million for the three months ended April 2, 2016 and a loss of approximately $0.9 million for the three months ended April 4, 2015 . During the three months ended April 2, 2016 accumulated other comprehensive income (loss) included a currency translation gain of approximately $4.8 million and a loss of approximately $7.5 million for the three months ended
Derivatives, Policy [Policy Text Block]	Derivative Financial Instruments As of April 2, 2016 , the Company had entered into a foreign currency forward contract agreements to hedge approximately $27.8 million of its 2016 non-functional currency inventory purchases to protect the Company from variability in cash flows attributable to changes in the U.S. dollar relative to the Canadian dollar. The Company has designated these forward contracts as cash flow hedges. As a cash flow hedge, unrealized gains are recognized as assets while unrealized losses are recognized as liabilities. These forward contract agreements are highly correlated to the changes in foreign currency rates to which the Company is exposed. Unrealized gains and losses on these agreements are designated as effective or ineffective. The effective portion of such gains or losses is recorded as a component of accumulated other comprehensive income or loss, while the ineffective portion of such gains or losses is recorded as a component of cost of goods sold. Future realized gains and losses in connection with each inventory purchase will be reclassified from accumulated other comprehensive income or loss to cost of goods sold. The changes in fair values of derivatives that have been designated and qualify as cash flow hedges are recorded in accumulated other comprehensive income or loss and are reclassified into cost of goods sold in the same period the hedged item affects earnings. Due to the high degree of effectiveness between the hedging instruments and the underlying exposures being hedged, fluctuations in the value of the derivative instrument are generally offset by changes in the fair value or cash flows of the underlying exposures being hedged. The changes in the fair value of derivatives that do not qualify as effective are immediately recognized in earnings. The gains and losses on derivative contracts that are reclassified from accumulated other comprehensive income or loss to current period earnings are included in the line item in which the hedged item is recorded in the same period the forecasted transaction affects earnings. As of April 2, 2016 , approximately $0.9 million of the deferred net liability on derivative instruments included in accumulated other comprehensive loss is expected to be reclassified to cost of goods sold during the next four months. This expectation is based on the expected timing of the occurrence of the hedged forecasted transactions. During the three months ended April 2, 2016 , the Company recognized $0.4 million within earnings as a reduction of cost of goods sold in the condensed consolidated statement of operations. During the three months ended April 4, 2015 , the Company recognized $1.1 million within earnings as a reduction of cost of goods sold in the condensed consolidated statement of operations. The fair value of the foreign currency forward contract agreements are estimated using industry standard valuation models using market-based observable inputs, including spot rates, forward points, interest rates and volatility inputs (Level 2).
Fair Value Measurement	Fair Value Measurement The accounting standard for fair value discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flows), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The standard utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: • Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. • Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. • Level 3: Inputs that reflect the reporting entity’s own assumptions. The hierarchy requires the use of observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. The fair value of the long-term debt instruments was determined by utilizing available market information. The carrying value of the Company’s other assets and liabilities approximates their fair value.
Earnings (loss) per common share	Earnings (Loss) Per Common Share Basic earnings (loss) per share ("EPS") is computed based upon weighted-average shares outstanding during the period. Dilutive earnings per share is computed consistently with the basic computation while giving effect to all dilutive potential common shares and common share equivalents that were outstanding during the period. Ply Gem Holdings uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options. The Company was in a net loss position for the three months ended April 2, 2016 and April 4, 2015 and therefore the impact of stock options and unvested restricted stock were excluded from the computation of diluted earnings (loss) per share for those specific periods, as the inclusion of such amounts would be anti-dilutive. The computation of the dilutive effect of other potential common shares excluded options and unvested restricted stock representing approximately 0.1 million shares of common stock for the three months ended April 2, 2016 . The computation of the dilutive effect of other potential common shares excluded options and unvested restricted stock representing approximately 0.1 million shares of common stock for the three months ended April 4, 2015 .
New accounting pronouncements	New Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting . The amendments in this updated guidance include changes to simplify the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This guidance is effective for fiscal years beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is permitted. The Company is in the process of evaluating the potential impacts of this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) . This update provides guidance on recording revenue on a gross basis versus a net basis based on the determination of whether an entity is a principal or an agent when another party is involved in providing goods or services to a customer. The amendments in this update affect the guidance in ASU No. 2014-09 and are effective in the same timeframe as ASU No. 2014-09 as discussed below. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The core principal of the guidance is that an entity should recognize assets and liabilities arising from a lease for both financing and operating leases, along with additional qualitative and quantitative disclosures. The standard will be effective for fiscal years beginning after December 15, 2018, including interim periods within such fiscal years. Early adoption is permitted. The guidance is to be applied using a modified retrospective transition method with the option to elect a package of practical expedients. The Company is currently evaluating the impact of the adoption of this accounting standard update on its internal processes, operating results and financial reporting. The impact is currently not known or reasonably estimable. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which completes the joint effort by the FASB and the International Accounting Standards Board to clarify the principles for recognizing revenue and improve financial reporting by creating common revenue recognition guidance for U.S. generally accepted accounting principles ("GAAP") and International Financial Reporting Standards ("IFRS"). ASU 2014-09 provides enhancements to the quality and consistency of how revenue is reported while also improving comparability in the financial statements of companies reporting using IFRS and GAAP. The core principle of this update is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In July 2015, the FASB finalized a one-year deferral of the effective date of the new revenue recognition standard. The new standard will become effective for Ply Gem beginning with the first quarter of 2018 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. The method of adoption has not been determined yet by the Company. The Company is currently reviewing the revised guidance and assessing the potential impact on the consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN20

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Apr. 02, 2016
Accounting Policies [Abstract]
Schedule of property and equpiment	Depreciation of property and equipment are provided on a straight-line basis over estimated useful lives, which are generally as follows: Buildings and improvements 10-37 years Machinery and equipment, including leases 3-15 years Leasehold improvements Term of lease or useful life, whichever is shorter
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	A summary of the recorded asset and liability included in the accompanying condensed consolidated balance sheets is as follows: (Amounts in thousands) April 2, 2016 December 31, 2015 Foreign currency hedge included in other current assets/(liabilities) $ (891 ) $ 829
Summary of fair value liabilities	The Company’s population of recurring financial assets and liabilities subject to fair value measurements and the necessary disclosures are as follows: Quoted Prices Significant Significant (Amounts in thousands) Fair for Identical Observable Unobservable Carrying Value Assets Inputs Inputs Description Value Total (Level 1) (Level 2) (Level 3) Liabilities: Senior Notes-6.50% $ 650,000 $ 635,375 $ 635,375 $ — $ — Term Loan Facility 391,400 380,637 — 380,637 — As of April 2, 2016: $ 1,041,400 $ 1,016,012 $ 635,375 $ 380,637 $ — Liabilities: Senior Notes-6.50% $ 650,000 $ 585,000 $ 585,000 $ — $ — Term Loan Facility 422,475 411,913 — 411,913 — As of December 31, 2015 $ 1,072,475 $ 996,913 $ 585,000 $ 411,913 $ —

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	3 Months Ended
	Apr. 02, 2016
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The Company determined the fair value of the tangible and intangible assets and the liabilities acquired, and recorded goodwill based on the excess of fair value of the acquisition consideration over such fair values, as follows: (Amounts in thousands) Accounts receivable $ 3,559 Inventories 712 Prepaid expenses and other current assets 41 Property and equipment 2,019 Intangible assets 9,300 Goodwill 7,642 Accounts payable, accrued expenses and other long-term liabilities (2,273 ) $ 21,000

GOODWILL (Tables)

GOODWILL (Tables)	3 Months Ended
	Apr. 02, 2016
Goodwill [Line Items]
Schedule of Goodwill [Table Text Block]	A goodwill rollforward for 2016 is included in the table below: Windows and Siding, Fencing (Amounts in thousands) Doors and Stone Balance as of December 31, 2015 Goodwill $ 457,554 $ 470,185 Accumulated impairment losses (327,773 ) (122,227 ) $ 129,781 $ 347,958 Currency translation adjustments 583 1,227 Balance as of April 2, 2016 Goodwill 458,137 471,412 Accumulated impairment losses (327,773 ) (122,227 ) $ 130,364 $ 349,185
Schedule of reporting unit goodwill balances	The reporting unit goodwill balances were as follows as of April 2, 2016 and December 31, 2015 : (Amounts in thousands) April 2, 2016 December 31, 2015 Siding, Fencing and Stone $ 349,185 $ 347,958 Windows and Doors 130,364 129,781 $ 479,549 $ 477,739

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	3 Months Ended
	Apr. 02, 2016
Finite-Lived Intangible Assets, Net [Abstract]
Components of intangible assets	The table that follows presents the major components of intangible assets as of April 2, 2016 and December 31, 2015 : (Amounts in thousands) Average Accumulated Net Carrying (in Years) Cost Amortization Value As of April 2, 2016: Patents 14 $ 12,770 $ (11,372 ) $ 1,398 Trademarks/Tradenames 12 117,271 (77,917 ) 39,354 Customer relationships 13 225,517 (144,994 ) 80,523 Other 5 5,367 (3,685 ) 1,682 Total intangible assets 12 $ 360,925 $ (237,968 ) $ 122,957 As of December 31, 2015: Patents 14 $ 12,770 $ (11,136 ) $ 1,634 Trademarks/Tradenames 12 116,965 (76,249 ) 40,716 Customer relationships 13 217,709 (133,532 ) 84,177 Other 5 5,360 (3,503 ) 1,857 Total intangible assets 12 $ 352,804 $ (224,420 ) $ 128,384
Schedule of expected amortization expense	Estimated amortization expense for the fiscal years 2016 through 2020 is shown in the following table: Amortization (Amounts in thousands) expense 2016 (remainder of year) $ 18,481 2017 20,893 2018 20,058 2019 15,993 2020 11,361

COMPREHENSIVE INCOME (LOSS) (Ta

COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
	Apr. 02, 2016
Equity [Abstract]
Schedule of comprehensive income (loss)	Comprehensive loss, net of tax is comprised of the following: (Amounts in thousands) For the three months ended April 2, 2016 April 4, 2015 Net loss $ (27,577 ) $ (48,859 ) Foreign currency translation adjustment 4,773 (7,453 ) Unrealized gain (loss) on derivative instruments (1,720 ) 2,102 Comprehensive loss $ (24,524 ) $ (54,210 )

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Apr. 02, 2016
Extinguishment of Debt [Line Items]
Schedule of Long-term Debt Instruments	Long-term debt in the accompanying condensed consolidated balance sheets at April 2, 2016 and December 31, 2015 consists of the following: (Amounts in thousands) April 2, 2016 December 31, 2015 Senior secured asset based revolving credit facility $ 10,000 $ — Term Loan due 2021, net of unamortized early tender premium, discount, and debt issuance costs of $31,294 and $35,106, respectively 360,106 387,369 6.50% Senior notes due 2022, net of unamortized early tender premium, discount, and debt issuance costs of $55,686 and $57,538, respectively 594,314 592,462 $ 964,420 $ 979,831 Less current portion of long-term debt (4,300 ) (4,300 ) $ 960,120 $ 975,531
Schedule of Extinguishment and Modification of Debt [Table Text Block]	Loss on debt modification or extinguishment During March 2016, the Company made a voluntarily prepayment of $30.0 million on the Term Loan Facility to reduce its outstanding indebtedness as allowable under the terms of the Term Loan Facility. The Company performed an analysis to determine the proper accounting treatment for this voluntary prepayment by evaluating the change in cash flows and determined that there were no changes in the creditors as a result of the prepayment. Consequently, the Company recognized a loss on debt modification or extinguishment of approximately $2.4 million for the three months ended April 2, 2016 reflecting the proportionate write-off of the related debt discount and debt issuance costs associated with the $30.0 million payment, as summarized in the table below. (Amounts in thousands) For the three months ended April 2, 2016 April 4, 2015 Loss on modification of debt: Term Loan Facility unamortized discount $ 1,915 — Term Loan Facility unamortized debt issuance costs 484 — 2,399 — Total loss on modification or extinguishment of debt $ 2,399 $ —

PENSION PLANS (Tables)

PENSION PLANS (Tables)	3 Months Ended
	Apr. 02, 2016
Compensation and Retirement Disclosure [Abstract]
Net periodic benefit expense	The Company’s net periodic benefit expense for the combined plans for the periods indicated consists of the following components : (Amounts in thousands) For the three months ended April 2, 2016 April 4, 2015 Service cost $ — $ — Interest cost 486 502 Expected return on plan assets (545 ) (577 ) Amortization of loss 354 296 Net periodic benefit expense $ 295 $ 221

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Apr. 02, 2016
Commitments and Contingencies Disclosure [Abstract]
Components of the indemnification	the Company has recorded liabilities related to these indemnifications of approximately $0.5 million and $0.5 million , respectively, in current liabilities and $1.1 million and $1.3 million , respectively, in long-term liabilities, consisting of the following: (Amounts in thousands) April 2, 2016 December 31, 2015 Product claim liabilities $ 138 $ 138 Multi-employer pension plan withdrawal liability 884 960 Other 531 664 $ 1,553 $ 1,762
Changes in the Company's warranty liabilities	Changes in the Company’s short-term and long-term warranty liabilities are as follows: For the three months ended (Amounts in thousands) April 2, 2016 April 4, 2015 Balance, beginning of period $ 76,562 $ 84,423 Warranty expense during period 5,512 5,027 Settlements made during period (4,613 ) (5,169 ) Balance, end of period $ 77,461 $ 84,281

ACCRUED EXPENSES AND OTHER LO28

ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES (Tables)	3 Months Ended
	Apr. 02, 2016
Payables and Accruals [Abstract]
Accrued expenses and other long term liabilities	Accrued expenses consist of the following at April 2, 2016 and December 31, 2015 : (Amounts in thousands) April 2, 2016 December 31, 2015 Insurance $ 9,465 $ 9,347 Employee compensation and benefits 13,781 20,381 Sales and marketing 33,835 50,405 Product warranty 17,119 16,619 Accrued freight 1,519 1,445 Accrued interest 7,150 17,808 Accrued environmental liability 437 430 Accrued pension 647 647 Accrued sales returns and discounts 4,728 3,368 Accrued taxes 5,436 5,575 Litigation accrual 700 700 Other 22,446 26,237 $ 117,263 $ 152,962 Other long-term liabilities consist of the following at April 2, 2016 and December 31, 2015 : (Amounts in thousands) April 2, 2016 December 31, 2015 Insurance $ 1,302 $ 1,237 Pension liabilities 14,827 15,033 Multi-employer pension withdrawal liability 884 960 Product warranty 60,442 59,943 Long-term product claim liability 138 138 Long-term environmental liability 1,196 1,211 Liabilities for tax uncertainties 2,928 2,866 Litigation accrual 810 829 Other 7,243 8,676 $ 89,770 $ 90,893

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Apr. 02, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Rollforward of stock options outstanding	A rollforward of stock options outstanding during the three months ended April 2, 2016 is presented below: Stock Options Weighted- Weighted- Balance at January 1, 2016 2,613,793 $ 13.75 5.22 Granted — — — Exercised — — — Forfeited or expired — — — Balance at April 2, 2016 2,613,793 $ 13.75 4.96

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Apr. 02, 2016
Segment Reporting [Abstract]
Summary of the Company's segment information	Following is a summary of the Company’s segment information: For the three months ended (Amounts in thousands) April 2, 2016 April 4, 2015 Net sales Siding, Fencing and Stone $ 176,376 $ 156,442 Windows and Doors 232,238 219,606 $ 408,614 $ 376,048 Operating earnings (loss) Siding, Fencing and Stone $ 20,374 $ 10,322 Windows and Doors (1,250 ) (16,408 ) Unallocated (9,548 ) (7,964 ) $ 9,576 $ (14,050 ) Total assets as of April 2, 2016 December 31, 2015 Total assets Siding, Fencing and Stone $ 672,389 $ 664,053 Windows and Doors 497,510 498,994 Unallocated 40,954 103,525 $ 1,210,853 $ 1,266,572

GUARANTOR_NON-GUARANTOR FINAN31

GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION (Tables)	3 Months Ended
	Apr. 02, 2016
GUARANTOR / NON GUARANTOR FINANCIAL INFORMATION [Abstract]
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS	PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) Three months ended April 2, 2016 Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating (Amounts in thousands) Holdings, Inc. Industries, Inc. Subsidiaries Subsidiaries Adjustments Consolidated Net sales $ — $ — $ 369,514 $ 39,100 $ — $ 408,614 Cost of products sold — — 289,872 32,041 — 321,913 Gross profit — — 79,642 7,059 — 86,701 Operating expenses: Selling, general and administrative expenses — 9,548 49,022 12,165 — 70,735 Intercompany administrative charges — — 7,772 1,673 (9,445 ) — Amortization of intangible assets — — 5,360 1,030 — 6,390 Total operating expenses — 9,548 62,154 14,868 (9,445 ) 77,125 Operating earnings (loss) — (9,548 ) 17,488 (7,809 ) 9,445 9,576 Foreign currency gain — — — 584 — 584 Intercompany interest — 15,933 (15,550 ) (383 ) — — Interest expense — (18,691 ) — (1 ) — (18,692 ) Interest income — 2 2 6 — 10 Loss on modification or extinguishment of debt — (2,399 ) — — — (2,399 ) Tax receivable agreement liability adjustment — (18,150 ) — — — (18,150 ) Intercompany administrative income — 9,445 — — (9,445 ) — Income (loss) before equity in subsidiaries' income (loss) — (23,408 ) 1,940 (7,603 ) — (29,071 ) Equity in subsidiaries' income (loss) (27,577 ) (4,169 ) — — 31,746 — Income (loss) before benefit for income taxes (27,577 ) (27,577 ) 1,940 (7,603 ) 31,746 (29,071 ) Benefit for income taxes — — (527 ) (967 ) — (1,494 ) Net income (loss) $ (27,577 ) $ (27,577 ) $ 2,467 $ (6,636 ) $ 31,746 $ (27,577 ) Other comprehensive income (loss): Foreign currency translation adjustments — — — 4,773 — 4,773 Unrealized loss on derivative instrument — — — (1,720 ) — (1,720 ) Total comprehensive income (loss) $ (27,577 ) $ (27,577 ) $ 2,467 $ (3,583 ) $ 31,746 $ (24,524 ) PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) Three months ended April 4, 2015 Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating (Amounts in thousands) Holdings, Inc. Industries, Inc. Subsidiaries Subsidiary Adjustments Consolidated Net sales $ — $ — $ 327,391 $ 48,657 $ — $ 376,048 Cost of products sold — — 276,444 39,323 — 315,767 Gross profit — — 50,947 9,334 — 60,281 Operating expenses: Selling, general and administrative expenses — 7,964 45,905 14,263 — 68,132 Intercompany administrative charges — — 8,755 1,150 (9,905 ) — Amortization of intangible assets — — 5,061 1,138 — 6,199 Total operating expenses — 7,964 59,721 16,551 (9,905 ) 74,331 Operating loss — (7,964 ) (8,774 ) (7,217 ) 9,905 (14,050 ) Foreign currency loss — — — (934 ) — (934 ) Intercompany interest — 15,778 (13,929 ) (1,849 ) — — Interest expense — (19,080 ) (4 ) (9 ) — (19,093 ) Interest income — 1 2 6 — 9 Tax receivable agreement liability adjustment — (17,185 ) — — — (17,185 ) Intercompany administrative income — 9,905 — — (9,905 ) — Loss before equity in subsidiaries' loss — (18,545 ) (22,705 ) (10,003 ) — (51,253 ) Equity in subsidiaries' loss (48,859 ) (30,314 ) — — 79,173 — Loss before benefit for income taxes (48,859 ) (48,859 ) (22,705 ) (10,003 ) 79,173 (51,253 ) Benefit for income taxes — — (1,580 ) (814 ) — (2,394 ) Net loss $ (48,859 ) $ (48,859 ) $ (21,125 ) $ (9,189 ) $ 79,173 $ (48,859 ) Other comprehensive income (loss): Foreign currency translation adjustments — — — (7,453 ) — (7,453 ) Unrealized gain on derivative instrument — — — 2,102 — 2,102 Total comprehensive loss $ (48,859 ) $ (48,859 ) $ (21,125 ) $ (14,540 ) $ 79,173 $ (54,210 )
CONDENSED CONSOLIDATING BALANCE SHEET	PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET As of April 2, 2016 (Amounts in thousands) Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating ASSETS Holdings, Inc. Industries, Inc. Subsidiaries Subsidiaries Adjustments Consolidated Current Assets: Cash and cash equivalents $ — $ 31,687 $ (6,952 ) $ 9,606 $ — $ 34,341 Accounts receivable, net — — 182,854 21,305 — 204,159 Inventories: Raw materials — — 63,500 5,835 — 69,335 Work in process — — 22,420 2,049 — 24,469 Finished goods — — 52,733 14,869 — 67,602 Total inventory — — 138,653 22,753 — 161,406 Prepaid expenses and other current assets — 1,437 18,446 4,317 — 24,200 Deferred income taxes — — 14,202 — — 14,202 Total current assets — 33,124 347,203 57,981 — 438,308 Investments in subsidiaries (101,001 ) (248,594 ) — — 349,595 — Property and Equipment, at cost: Land — — 7,436 786 — 8,222 Buildings and improvements — — 62,458 4,719 — 67,177 Machinery and equipment — 5,175 368,643 18,309 — 392,127 — 5,175 438,537 23,814 — 467,526 Less accumulated depreciation — (1,816 ) (293,909 ) (10,024 ) — (305,749 ) Total property and equipment, net — 3,359 144,628 13,790 — 161,777 Other Assets: Intangible assets, net — — 106,840 16,117 — 122,957 Goodwill — — 449,366 30,183 — 479,549 Intercompany note receivable — 1,135,073 — — (1,135,073 ) — Other — 4,471 3,791 — — 8,262 Total other assets — 1,139,544 559,997 46,300 (1,135,073 ) 610,768 $ (101,001 ) $ 927,433 $ 1,051,828 $ 118,071 $ (785,478 ) $ 1,210,853 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities: Accounts payable $ — $ 181 $ 62,488 $ 11,124 $ — $ 73,793 Accrued expenses — 13,470 89,679 14,114 — 117,263 Current portion of payable to related parties pursuant to tax receivable agreement — 3,005 — — — 3,005 Current portion of long-term debt — 4,300 — — — 4,300 Total current liabilities — 20,956 152,167 25,238 — 198,361 Deferred income taxes — — 20,483 4,159 — 24,642 Intercompany note payable — — 1,027,543 107,530 (1,135,073 ) — Long-term portion of payable to related parties pursuant to tax receivable agreement — 38,961 — — — 38,961 Other long-term liabilities — 8,397 77,386 3,987 — 89,770 Long-term debt, less current portion — 960,120 — — — 960,120 Commitments and contingencies Stockholders' Equity (Deficit): Preferred stock — — — — — — Common stock 681 681 — — (681 ) 681 Additional paid-in-capital 749,633 749,633 372,720 26,854 (1,149,207 ) 749,633 (Accumulated deficit) retained earnings (817,801 ) (817,801 ) (582,497 ) (32,182 ) 1,432,480 (817,801 ) Accumulated other comprehensive loss (33,514 ) (33,514 ) (15,974 ) (17,515 ) 67,003 (33,514 ) Total stockholders' (deficit) equity (101,001 ) (101,001 ) (225,751 ) (22,843 ) 349,595 (101,001 ) $ (101,001 ) $ 927,433 $ 1,051,828 $ 118,071 $ (785,478 ) $ 1,210,853 PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2015 Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating (Amounts in thousands) Holdings, Inc. Industries, Inc. Subsidiaries Subsidiary Adjustments Consolidated ASSETS Current Assets: Cash and cash equivalents $ — $ 94,692 $ (4,944 ) $ 19,677 $ — $ 109,425 Accounts receivable, net — — 172,560 22,605 — 195,165 Inventories: Raw materials — — 58,400 5,602 — 64,002 Work in process — — 23,126 2,193 — 25,319 Finished goods — — 47,946 13,136 — 61,082 Total inventory — — 129,472 20,931 — 150,403 Prepaid expenses and other current assets — 944 20,310 3,393 — 24,647 Deferred income taxes — — 11,255 6 — 11,261 Total current assets — 95,636 328,653 66,612 — 490,901 Investments in subsidiaries (76,813 ) (245,265 ) — — 322,078 — Property and Equipment, at cost: Land — — 7,436 739 — 8,175 Buildings and improvements — — 61,883 4,438 — 66,321 Machinery and equipment — 4,813 364,093 16,844 — 385,750 — 4,813 433,412 22,021 — 460,246 Less accumulated depreciation — (1,755 ) (288,542 ) (8,946 ) — (299,243 ) Total property and equipment, net — 3,058 144,870 13,075 — 161,003 Other Assets: Intangible assets, net — — 112,173 16,211 — 128,384 Goodwill — — 449,366 28,373 — 477,739 Intercompany note receivable — 1,104,510 — — (1,104,510 ) — Other — 4,831 3,714 — — 8,545 Total other assets — 1,109,341 565,253 44,584 (1,104,510 ) 614,668 $ (76,813 ) $ 962,770 $ 1,038,776 $ 124,271 $ (782,432 ) $ 1,266,572 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities: Accounts payable $ — $ 235 $ 60,655 $ 13,606 $ — $ 74,496 Accrued expenses — 24,512 113,051 15,399 — 152,962 Current portion of payable to related parties pursuant to tax receivable agreement — 3,005 — — — 3,005 Current portion of long-term debt — 4,300 — — — 4,300 Total current liabilities — 32,052 173,706 29,005 — 234,763 Deferred income taxes — — 17,470 3,917 — 21,387 Intercompany note payable — — 1,002,447 102,063 (1,104,510 ) — Long-term portion of payable to related parties pursuant to tax receivable agreement — 20,811 — — — 20,811 Other long-term liabilities — 11,189 75,911 3,793 — 90,893 Long-term debt — 975,531 — — — 975,531 Commitments and contingencies Stockholders' Equity (Deficit): Preferred stock — — — — — — Common stock 681 681 — — (681 ) 681 Additional paid-in-capital 749,296 749,296 370,180 31,611 (1,151,087 ) 749,296 (Accumulated deficit) retained earnings (790,224 ) (790,224 ) (584,964 ) (25,546 ) 1,400,734 (790,224 ) Accumulated other comprehensive income (loss) (36,566 ) (36,566 ) (15,974 ) (20,572 ) 73,112 (36,566 ) Total stockholders' (deficit) equity (76,813 ) (76,813 ) (230,758 ) (14,507 ) 322,078 (76,813 ) $ (76,813 ) $ 962,770 $ 1,038,776 $ 124,271 $ (782,432 ) $ 1,266,572
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS	PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the three months ended April 2, 2016 (Amounts in thousands) Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating Holdings, Inc. Industries, Inc. Subsidiaries Subsidiaries Adjustments Consolidated Cash flows from operating activities: Net income (loss) $ (27,577 ) $ (27,577 ) $ 2,467 $ (6,636 ) $ 31,746 $ (27,577 ) Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities: Depreciation and amortization expense — 61 12,379 1,590 — 14,030 Non-cash restructuring costs — — — 566 — 566 Non-cash interest expense, net — 3,416 — — — 3,416 Gain on foreign currency transactions — — — (584 ) — (584 ) Loss on modification or extinguishment of debt — 2,399 — — — 2,399 Stock based compensation — 337 — — — 337 Deferred income taxes — — 65 — — 65 Tax receivable agreement liability adjustment — 18,150 — — — 18,150 Increase in tax uncertainty, net of valuation allowance — — 62 — — 62 Equity in subsidiaries' net income (loss) 27,577 4,169 — — (31,746 ) — Other — — 138 — — 138 Changes in operating assets and liabilities: Accounts receivable, net — — (11,718 ) 2,584 — (9,134 ) Inventories — — (10,511 ) (467 ) — (10,978 ) Prepaid expenses and other assets — (285 ) (68 ) 98 — (255 ) Accounts payable — (54 ) (3,995 ) 3,174 — (875 ) Accrued expenses — (13,833 ) (25,802 ) 1,860 — (37,775 ) Cash payments on restructuring liabilities — — (112 ) (556 ) — (668 ) Other — — 139 (2 ) — 137 Net cash provided by (used in) operating activities — (13,217 ) (36,956 ) 1,627 — (48,546 ) Cash flows from investing activities: Capital expenditures — (362 ) (6,946 ) (424 ) — (7,732 ) Proceeds from sale of assets — — 76 — — 76 Net cash used in investing activities — (362 ) (6,870 ) (424 ) — (7,656 ) Cash flows from financing activities: Net revolver borrowings — 10,000 — — — 10,000 Payments on long-term debt — (31,075 ) — — — (31,075 ) Proceeds from intercompany investment — (28,351 ) 41,818 (13,467 ) — — Net cash provided by (used in) financing activities — (49,426 ) 41,818 (13,467 ) — (21,075 ) Impact of exchange rate movements on cash — — — 2,193 — 2,193 Net decrease in cash and cash equivalents — (63,005 ) (2,008 ) (10,071 ) — (75,084 ) Cash and cash equivalents at the beginning of the period — 94,692 (4,944 ) 19,677 — 109,425 Cash and cash equivalents at the end of the period $ — $ 31,687 $ (6,952 ) $ 9,606 $ — $ 34,341 PLY GEM HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the three months ended April 4, 2015 (Amounts in thousands) Guarantor Issuer Non- Ply Gem Ply Gem Guarantor Guarantor Consolidating Holdings, Inc. Industries, Inc. Subsidiaries Subsidiary Adjustments Consolidated Cash flows from operating activities: Net loss $ (48,859 ) $ (48,859 ) $ (21,125 ) $ (9,189 ) $ 79,173 $ (48,859 ) Adjustments to reconcile net loss to cash used in operating activities: Depreciation and amortization expense — 150 12,840 1,831 — 14,821 Non-cash restructuring expense — — — 46 — 46 Non-cash interest expense, net — 3,419 — — — 3,419 Loss on foreign currency transactions — — — 934 — 934 Stock based compensation — 586 — — — 586 Deferred income taxes — — 1,019 — — 1,019 Tax receivable agreement liability adjustment — 17,185 — — — 17,185 Increase in tax uncertainty, net of valuation allowance — — 73 — — 73 Equity in subsidiaries' net loss 48,859 30,314 — — (79,173 ) — Other — — (13 ) — — (13 ) Changes in operating assets and liabilities: Accounts receivable, net — — (6,729 ) 765 — (5,964 ) Inventories — — 2,304 (1,835 ) — 469 Prepaid expenses and other assets — 755 4,161 (123 ) — 4,793 Accounts payable — (57 ) (8,736 ) 992 — (7,801 ) Accrued expenses — (16,211 ) (26,275 ) 2,729 — (39,757 ) Cash payments on restructuring liabilities — — (44 ) (429 ) — (473 ) Other — — (1,469 ) — — (1,469 ) Net cash used in operating activities — (12,718 ) (43,994 ) (4,279 ) — (60,991 ) Cash flows from investing activities: Capital expenditures — (67 ) (6,026 ) (978 ) — (7,071 ) Proceeds from sale of assets — — 25 — — 25 Net cash used in investing activities — (67 ) (6,001 ) (978 ) — (7,046 ) Cash flows from financing activities: Net revolver borrowings — 60,000 — — — 60,000 Payments on long-term debt — (1,075 ) — — — (1,075 ) Proceeds from exercises of employee stock options — 182 — — — 182 Proceeds from intercompany investment — (42,081 ) 44,417 (2,336 ) — — Net cash provided by (used in) financing activities — 17,026 44,417 (2,336 ) — 59,107 Impact of exchange rate movement on cash — — — (1,788 ) — (1,788 ) Net increase (decrease) in cash and cash equivalents — 4,241 (5,578 ) (9,381 ) — (10,718 ) Cash and cash equivalents at the beginning of the period — 23,555 (5,845 ) 15,452 — 33,162 Cash and cash equivalents at the end of the period $ — $ 27,796 $ (11,423 ) $ 6,071 $ — $ 22,444

SUMMARY OF SIGNIFICANT ACCOUN32

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Textuals (Details) - USD ($) $ in Thousands, shares in Millions	May. 29, 2015	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015
Initial Public Offering [Line Items]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 1,000
Goodwill		$ 479,549		$ 477,739
Impaired Intangible Asset, Facts and Circumstances Leading to Impairment		no indicators
Tax receivable agreement adjustment		$ 18,150	$ 17,185
Foreign Currency Cash Flow Hedge Liability at Fair Value		891		829
Unamortized Debt Issuance Expense		$ 20,900		22,200
Goodwill, Impaired, Facts and Circumstances Leading to Impairment		no indicators
Business Combination, Contingent Consideration, Liability		$ 800
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		0.1	0.1
Purchase Commitment, Remaining Minimum Amount Committed		$ 52,900
Inventory Valuation Reserves		9,000		8,300
Decrease (increase) in inventory reserve		(700)
Amortization of debt issuance costs		800	$ 800
Foreign Currency Transaction Gain (Loss), Realized		584	(934)
Currency translation adjustment		4,773	$ (7,453)
Canyon Stone [Member]
Initial Public Offering [Line Items]
Business Combination, Consideration Transferred	21,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables	3,559
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	712
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets	41
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,019
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	9,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities	2,273
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	21,000
Siding, Fencing and Stone [Member]
Initial Public Offering [Line Items]
Goodwill		349,185		347,958
Siding, Fencing and Stone [Member] | Canyon Stone [Member]
Initial Public Offering [Line Items]
Goodwill	$ 7,642
Other Noncurrent Assets [Member]
Initial Public Offering [Line Items]
Unamortized Debt Issuance Expense		2,700		2,900
Long-term Debt [Member]
Initial Public Offering [Line Items]
Unamortized Debt Issuance Expense		$ 18,200		$ 19,300

SUMMARY OF SIGNIFICANT ACCOUN33

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounts Receivable (Details) - USD ($) $ in Thousands	Apr. 02, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Allowance for Doubtful Accounts Receivable, Current	$ 3,477	$ 3,588

SUMMARY OF SIGNIFICANT ACCOUN34

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Inventory (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Purchase Commitment, Remaining Minimum Amount Committed	$ 52.9
Inventory Valuation Reserves	9	$ 8.3
Decrease (increase) in inventory reserve	$ 0.7

SUMMARY OF SIGNIFICANT ACCOUN35

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	May. 29, 2015
Building and improvements [Member] | Minimum [Member]
Property and Equipment [Line Items]
Estimated useful life	10 years
Building and improvements [Member] | Maximum [Member]
Property and Equipment [Line Items]
Estimated useful life	37 years
Machinery and equipment, including leases [Member] | Minimum [Member]
Property and Equipment [Line Items]
Estimated useful life	3 years
Machinery and equipment, including leases [Member] | Maximum [Member]
Property and Equipment [Line Items]
Estimated useful life	15 years
Leasehold improvements [Member]
Property and Equipment [Line Items]
Property plant and equipment useful life description	Term of lease or useful life, whichever is shorter
Canyon Stone [Member]
Property and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables		$ 3,559
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities		2,273
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net		$ 21,000

SUMMARY OF SIGNIFICANT ACCOUN36

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Fair Value Disclosure (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Cash Flow Hedge Liability at Fair Value	$ (891)		$ (829)
Foreign Currency Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net	400	$ 1,100
Quoted Prices in Active Markets (Level 1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	635,375		585,000
Quoted Prices in Active Markets (Level 1) [Member] | Six Point Five Senior Notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	635,375		585,000
Quoted Prices in Active Markets (Level 1) [Member] | Term Loan Facility due 2021 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	0		0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	380,637		411,913
Significant Other Observable Inputs (Level 2) [Member] | Six Point Five Senior Notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	0		0
Significant Other Observable Inputs (Level 2) [Member] | Term Loan Facility due 2021 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	380,637		411,913
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	0		0
Significant Unobservable Inputs (Level 3) [Member] | Six Point Five Senior Notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	0		0
Significant Unobservable Inputs (Level 3) [Member] | Term Loan Facility due 2021 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	0		0
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	1,041,400		1,072,475
Carrying Value [Member] | Six Point Five Senior Notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	650,000		650,000
Carrying Value [Member] | Term Loan Facility due 2021 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	391,400		422,475
Fair Value Total [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	1,016,012		996,913
Fair Value Total [Member] | Six Point Five Senior Notes due 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	635,375		585,000
Fair Value Total [Member] | Term Loan Facility due 2021 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liabilities	$ 380,637		$ 411,913

SUMMARY OF SIGNIFICANT ACCOUN37

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Foreign Currency (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Accounting Policies [Abstract]
Foreign Currency Transaction Gain (Loss), Realized	$ 584	$ (934)
Derivative [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	$ 4,773	$ (7,453)

SUMMARY OF SIGNIFICANT ACCOUN38

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Foreign Currency Cash Flow Hedge Liability at Fair Value	$ (891)		$ (829)
Foreign Currency Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net	400	$ 1,100
Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 27,800

SUMMARY OF SIGNIFICANT ACCOUN39

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Earnings per share (Details) - shares shares in Millions	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Accounting Policies [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.1	0.1

ACQUSITIONS (Details)

ACQUSITIONS (Details) - USD ($) $ in Thousands	May. 29, 2015	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill		$ 479,549		$ 477,739
Business Combination, Contingent Consideration, Liability		800
Net sales		408,614	$ 376,048
Net loss		(27,577)	(48,859)
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 1,000
Canyon Stone [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	712
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets	41
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,019
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	9,300
Business Combination, Consideration Transferred	21,000
Siding, Fencing and Stone [Member]
Business Acquisition [Line Items]
Goodwill		349,185		$ 347,958
Net sales		$ 176,376	$ 156,442
Siding, Fencing and Stone [Member] | Canyon Stone [Member]
Business Acquisition [Line Items]
Goodwill	$ 7,642

GOODWILL (Details)

GOODWILL (Details)	3 Months Ended		12 Months Ended
	Apr. 02, 2016USD ($)reporting_unit	Apr. 04, 2015reporting_unit	Dec. 31, 2015USD ($)	May. 29, 2015USD ($)
Goodwill [Line Items]
Goodwill, Impaired, Facts and Circumstances Leading to Impairment	no indicators
Number of reporting units | reporting_unit	2	2
Goodwill impairment			$ 0
Goodwill	$ 479,549,000		477,739,000
Siding, Fencing and Stone [Member]
Goodwill [Line Items]
Goodwill, Gross	471,412,000		470,185,000
Goodwill, Impaired, Accumulated Impairment Loss	(122,227,000)		(122,227,000)
Goodwill	349,185,000		347,958,000
Goodwill, Translation Adjustments	1,227,000
Windows and Doors [Member]
Goodwill [Line Items]
Goodwill, Gross	458,137,000		457,554,000
Goodwill, Impaired, Accumulated Impairment Loss	(327,773,000)		(327,773,000)
Goodwill	130,364,000		$ 129,781,000
Goodwill, Translation Adjustments	$ 583,000
Canyon Stone [Member] | Siding, Fencing and Stone [Member]
Goodwill [Line Items]
Goodwill				$ 7,642,000

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Impaired Intangible Asset, Facts and Circumstances Leading to Impairment	no indicators
Goodwill, Impaired, Facts and Circumstances Leading to Impairment	no indicators
Amortization of Intangible Assets	$ 6,390	$ 6,199
Average Amortization Period (in years)	12 years		12 years
Cost	$ 360,925		$ 352,804
Accumulated Amortization	(237,968)		(224,420)
Net Carrying Value	122,957		$ 128,384
Estimated future amortization [Abstract]
2016 (remainder of year)	18,481
2,016	20,893
2,017	20,058
2,018	15,993
2,019	$ 11,361
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Average Amortization Period (in years)	14 years		14 years
Cost	$ 12,770		$ 12,770
Accumulated Amortization	(11,372)		(11,136)
Net Carrying Value	$ 1,398		$ 1,634
Trademarks/Tradenames [Member]
Finite-Lived Intangible Assets [Line Items]
Average Amortization Period (in years)	12 years		12 years
Cost	$ 117,271		$ 116,965
Accumulated Amortization	(77,917)		(76,249)
Net Carrying Value	$ 39,354		$ 40,716
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Average Amortization Period (in years)	13 years		13 years
Cost	$ 225,517		$ 217,709
Accumulated Amortization	(144,994)		(133,532)
Net Carrying Value	$ 80,523		$ 84,177
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Average Amortization Period (in years)	5 years		5 years
Cost	$ 5,367		$ 5,360
Accumulated Amortization	(3,685)		(3,503)
Net Carrying Value	$ 1,682		$ 1,857

COMPREHENSIVE INCOME (LOSS) (De

COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income (loss)	$ (27,577)	$ (48,859)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	4,773	(7,453)
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(1,720)	2,102
Total comprehensive loss	$ (24,524)	$ (54,210)

LONG-TERM DEBT - Schedule of L

LONG-TERM DEBT - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Apr. 02, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Long-term debt	$ 964,420	$ 979,831
Less current portion of long-term debt	4,300	4,300
Long-term debt, less current portion	960,120	975,531
Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, Unamortized Discount	55,686	57,538
Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Long-term debt	360,106	387,369
Debt Instrument, Unamortized Discount	31,294	35,106
Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 594,314	$ 592,462

LONG-TERM DEBT - 2014 Debt Tra

LONG-TERM DEBT - 2014 Debt Transactions (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Nov. 05, 2015	Jan. 23, 2015	Sep. 05, 2014
Debt Instrument [Line Items]
Repayments of long-term debt	$ 31,075	$ 1,075
Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount					$ 500,000
Six Point Five Senior Notes tack on due 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount				$ 150,000
Senior Secured Asset-Based Revolving Credit Facility due 2018 [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 350,000

LONG-TERM DEBT - 6.50% Senior

LONG-TERM DEBT - 6.50% Senior Notes due 2022 (Details) - USD ($)	3 Months Ended
	Apr. 02, 2016	Jan. 23, 2015	Sep. 05, 2014	Jan. 30, 2014
Six Point Five Senior Notes tack on due 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount		$ 150,000,000
Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount			$ 500,000,000
Debt Instrument, Maturity Date	Feb. 1, 2022
Debt Instrument, Interest Rate, Effective Percentage				8.39%
Long-term Debt, Required Interest Coverage Ratio	2
Debt Instrument, Minimum Interest Coverage Ratio Required for Incurring Additional Debt	4
Prior to February 1, 2017 [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Long-term Debt, Redemption Price, Percentage of Outstanding Principal	100.00%
Prior to February 1, 2017 [Member] | Six Point Five Senior Notes due 2022 [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Long-term Debt, Redemption Price Plus Premium, Percentage of Outstanding Principal	106.50%
Prior to February 1, 2017 [Member] | Maximum [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Long-term Debt, Authorized Redemption Amount, Percentage of Outstanding Principal at 106 Point 50 Redemption Price	40.00%
equity offering threshold [Member] | Prior to February 1, 2017 [Member] | Six Point Five Senior Notes due 2022 [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Long-term Debt, Required Remaining Amount Outstanding for Redemption at 106 Point 50 Percent	50.00%
Debt Limitation One [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Maximum borrowing threshold on credit facility under six point five percent notes	$ 350,000,000
Maximum indebtedness under six point five percent notes	575,000,000
Purchase Money Indebtedness [Member] | Debt Limitation Two [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Purchase money indebtedness threshold under six point five percent notes	35,000,000
Purchase Money Indebtedness [Member] | Debt Limitation Three [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Purchase money indebtedness threshold under six point five percent notes	0.10
Debt of Foreign Subsidiaries [Member] | Debt Limitation Two [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
foreign debt threshold under the six point five percent notes	60,000,000
Debt of Foreign Subsidiaries [Member] | Debt Limitation Three [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
foreign debt threshold under the six point five percent notes	0.15
General debt basket [Member] | Debt Limitation Two [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
general debt basket threshold under the six point five percent notes	75,000,000
General debt basket [Member] | Debt Limitation Three [Member] | Six Point Five Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
general debt basket threshold under the six point five percent notes	$ 0.20

LONG-TERM DEBT - Term Loan Fac

LONG-TERM DEBT - Term Loan Facility due 2021 (Details)	Jan. 30, 2014USD ($)	Apr. 02, 2016USD ($)	Apr. 04, 2015USD ($)	Dec. 31, 2015
Debt Instrument [Line Items]
Gains (Losses) on Extinguishment of Debt		$ (2,399,000)	$ 0
Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 430,000,000
Debt Instrument, Unamortized Discount	2,200,000
Proceeds from Debt, Net of Issuance Costs	$ 427,900,000
Debt Instrument, Maturity Date		Jan. 30, 2021
debt instrument, periodic payment, principal, percentage basis		1.00%
Debt Instrument, Interest Rate, Stated Percentage		4.00%
Debt Instrument, Interest Rate, Effective Percentage	7.24%
Accordion Feature Line Increase, Remaining Availability		$ 140,000,000
accordion feature line increase ratio threshold		3.75
excess cash flow threshold for prepayment		$ 15,000,000
Ply Gem Industries [Member] | Term Loan Facility due 2021 [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.50%
Ply Gem Industries [Member] | Term Loan Facility due 2021 [Member] | Libor Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Ply Gem Industries [Member] | Term Loan Facility due 2021 [Member] | Interest Rate Floor [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Ply Gem Industries [Member] | Term Loan Facility due 2021 [Member] | eurocurrency loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		3.00%
Ply Gem Industries [Member] | Term Loan Facility due 2021 [Member] | alternate base rate loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.00%
Option Two [Member] | Ply Gem Industries [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Long-term Debt, Required secured debt Ratio		2
Option One [Member] | Ply Gem Industries [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Long-term Debt, Required secured debt Ratio		2.50
certain non-ordinary course asset sales [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
excess cash flow subject to prepayment		100.00%
excess cash flow [Member] | Option Two [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
term loan repayment requirements		25.00%
excess cash flow [Member] | Option One [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
term loan repayment requirements		50.00%
excess cash flow [Member] | Option Three [Member] [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
term loan repayment requirements		0.00%
certain issuances of debt [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
excess cash flow subject to prepayment		100.00%
senior secured debt ratio [Member] | Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Long-term Debt, Required secured debt Ratio				1.97

LONG-TERM DEBT - Senior secure

LONG-TERM DEBT - Senior secured asset based revolving credit facility due 2020 (Details) - USD ($) $ in Millions	3 Months Ended	4 Months Ended	12 Months Ended
	Apr. 02, 2016	Apr. 30, 2014	Dec. 31, 2015	Nov. 05, 2015	Nov. 05, 2014
Senior Secured Asset-Based Revolving Credit Facility due 2016 [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 300
Senior Secured Asset-Based Revolving Credit Facility due 2018 [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 350
Long-term Line of Credit			$ 0
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				350
Debt Issuance Cost			$ 1.5
Accordion Feature Line Increase, Amount				50
Line of Credit Facility, Current Borrowing Capacity	$ 329.4
Line of Credit Facility, Remaining Borrowing Capacity	208.4
Long-term Line of Credit	10
Letters of Credit Outstanding, Amount	10.6
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 300
Line of Credit Facility, Interest Rate During Period	1.89%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Ply Gem Industries [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Ply Gem Industries [Member] | Eurodollar [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Ply Gem Canada [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50
Percentage of equity guaranteed by parent company	35.00%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Minimum [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%		1.25%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Maximum [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.00%		2.00%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | initial base rate [Member] | Ply Gem Industries [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | remaining available [Member]
Debt Instrument [Line Items]
Accordion Feature Line Increase, Amount				$ 50
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Threshold for fee calculation [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Amount	$ 100
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Option Two [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.25%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Option One [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.375%
Line of Credit Facility, Commitment Fee Amount	$ 100
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Fixed Charge Coverage Ratio [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Long-term Debt, Required Interest Coverage Ratio	1
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Option Three [Member] [Member] | Cash Dominion Requirement [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, Excess Availability length	5 years
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Option Two [Member] | Cash Dominion Requirement [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, Excess Availability	$ 30	$ 27.5
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Option Two [Member] | Fixed Charge Coverage Ratio [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, Excess Availability	$ 25
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Option One [Member] | Cash Dominion Requirement [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, thresholds excess availability must exceed	12.50%
Senior Secured Asset-Based Revolving Credit Facility due 2020 [Member] | Option One [Member] | Fixed Charge Coverage Ratio [Member] | Ply Gem Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, thresholds excess availability must exceed	10.00%

LONG-TERM DEBT - Loss on debt

LONG-TERM DEBT - Loss on debt modification or extinguishment (Details) - USD ($)	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Mar. 10, 2016	Dec. 31, 2015	Jan. 30, 2014
Debt Instrument [Line Items]
Gains (Losses) on Extinguishment of Debt	$ 2,399,000	$ 0
Unamortized Debt Issuance Expense	20,900,000			$ 22,200,000
Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Debt Instrument, Unamortized Discount	31,294,000			$ 35,106,000
Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Estinguishment of Debt, Unamortized Discount Charged to Expense	1,915,000	0
Write off of Deferred Debt Issuance Cost	$ 484,000	$ 0
Term Loan Facility due 2021 [Member]
Debt Instrument [Line Items]
Long-term Debt, Term Loan Voluntary Repayment			$ 30,000,000
Debt Instrument, Unamortized Discount					$ 2,200,000

PENSION PLANS (Details)

PENSION PLANS (Details) $ in Thousands	3 Months Ended
	Apr. 02, 2016USD ($)pension_plan	Apr. 04, 2015USD ($)pension_plan
Compensation and Retirement Disclosure [Abstract]
Number of separate pension plans | pension_plan	2	2
Net periodic benefit costs
Service cost	$ 0	$ 0
Interest cost	486	502
Expected return on plan assets	(545)	(577)
Amortization of loss	354	296
Net periodic benefit expense	$ 295	$ 221

COMMITMENTS AND CONTINGENCIES51

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2014	Dec. 31, 2011	Dec. 31, 2015
Indemnification [Abstract]
Receivable related to indemnification	$ 1,600				$ 1,800
Current liabilities related to indemnifications	500				500
Long-term liabilities related to indemnifications	1,100				1,300
Product claim liabilities	138				138
Multi-employer pension plan withdrawal liability	884				960
Other	531				664
Liabilities for contingency	1,553				1,762
Warranty claims [Abstract]
Warranty liabilities, Current	17,119				16,619
Warranty liabilities, Noncurrent	60,442				59,943
Environmental [Abstract]
Environmental remediation estimate				$ 1,800
Environmental liability within current liabilities					300
Environmental liability within other long-term liabilities	1,200				1,200
Litigation Settlement, Amount	5,000		$ 5,000
Windows and Doors [Member]
Environmental [Abstract]
Environmental liability within current liabilities	300
Ply Gem Canada [Member]
Environmental [Abstract]
Environmental liability within current liabilities	100
indemnification of liabilities in excess of [Member]
Indemnification [Abstract]
Other	2,500
attorney fees [Member]
Environmental [Abstract]
Litigation Settlement, Amount	(2,500)
Warranty claims [Member]
Change in the Company's warranty liabilities [Roll Forward]
Balance, beginning of period	76,562	$ 84,423
Warranty expense during period	5,512	5,027
Settlements made during period	(4,613)	(5,169)
Balance, end of period	77,461	$ 84,281	$ 84,423
class action settlement [Member]
Environmental [Abstract]
Loss Contingency, Estimate of Possible Loss	1,500
Other Current Liabilities [Member] | class action settlement [Member]
Environmental [Abstract]
Loss Contingency, Estimate of Possible Loss	700				700
Other Noncurrent Liabilities [Member] | class action settlement [Member]
Environmental [Abstract]
Loss Contingency, Estimate of Possible Loss	$ 810				$ 829

ACCRUED EXPENSES AND OTHER LO52

ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015
Accrued expenses [Abstract]
Insurance	$ 9,465		$ 9,347
Employee compensation and benefits	13,781		20,381
Sales and marketing	33,835		50,405
Product warranty	17,119		16,619
Accrued freight	1,519		1,445
Accrued interest	7,150		17,808
Accrued environmental liability	437		430
Accrued pension	647		647
Accrued sales returns and discounts	4,728		3,368
Accrued taxes	5,436		5,575
Other	22,446		26,237
Accrued expenses	117,263		152,962
Other long-term liabilities [Abstract]
Insurance	1,302		1,237
Pension liabilities	14,827		15,033
Multi-employer pension plan withdrawal liability	884		960
Product warranty	60,442		59,943
Long-term product claim liability	138		138
Long-term environmental liability	1,196		1,211
Liabilities for tax uncertainties	2,928		2,866
Other	7,243		8,676
Other long-term liabilities	89,770		90,893
Long term incentive plan expense	1,700	$ 700
Long term incentive plan liabilities	4,400		5,900
Other Employee Related Liabilities, Current	3,400		3,100
other employee related liabilities, noncurrent	$ 1,000		$ 2,800

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015
Income Tax Contingency [Line Items]
Tax receivable agreement payable - current	$ 3,005,000		$ 3,005,000
Estimated effective income tax rate	5.40%
Estimated effective income tax rate including discrete items	5.10%
Tax expense	$ 1,500,000	$ 2,400,000
Deferred tax liability resulting from goodwill	6,900,000
Unrecognized Tax Benefits, Interest on Income Taxes Expense	100,000
Tax receivable agreement adjustment	18,150,000	$ 17,185,000
tax receivable agreement payable	38,961,000		20,811,000
Tax receivable agreement payable - noncurrent	38,961,000		$ 20,811,000
estimate of maximum liability [Member]
Income Tax Contingency [Line Items]
tax receivable agreement payable	100,000,000
eighty five percentage receivable by affiliate [Member]
Income Tax Contingency [Line Items]
Tax receivable agreement adjustment	0.85
fifteen percent retained by Ply Gem [Member]
Income Tax Contingency [Line Items]
Tax receivable agreement adjustment	0.15
foreign jurisdiction [Member]
Income Tax Contingency [Line Items]
Book goodwill not amortized	$ 28,000,000

INCOME TAXES tax uncertainties

INCOME TAXES tax uncertainties (Details) - USD ($) $ in Thousands	Apr. 02, 2016	Dec. 31, 2015
Income Tax Contingency [Line Items]
Liability for Uncertain Tax Positions, Noncurrent	$ 2,928	$ 2,866
Unrecognized Tax Benefits	$ 15,900

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) $ / shares in Units, $ in Thousands	Dec. 11, 2015member_of_board_of_directorsshares	Dec. 28, 2014member_of_board_of_directorsshares	Apr. 02, 2016USD ($)$ / sharesshares	Apr. 04, 2015USD ($)	Dec. 31, 2015$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Vested options (in shares)			2,334,356
Vesting percentage (in hundredths)			100.00%
Total unrecognized compensation expense | $			$ 1,000
Weighted average recognition period of unrecognized compensation expense			1 year 7 months 25 days
Restricted Stock [Abstract]
Compensation expense | $			$ 300	$ 500
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Stock options outstanding at beginning of period (in shares)			2,613,793
Granted			0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares			$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price | $ / shares			$ 0
Forfeited or expired (in shares)			0
Stock options outstanding at end of period (in shares)			2,613,793		2,613,793
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted average exercise price at beginning of period (in dollars per share) | $ / shares			$ 13.75
Weighted average exercise price at end of period (in dollars per share) | $ / shares			$ 13.75		$ 13.75
Weighted average remaining contractual term			4 years 11 months 15 days		5 years 2 months 19 days
Restricted Stock [Abstract]
Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price | $ / shares			$ 0
Restricted Stock [Member] | Board of Directors [Member]
Restricted Stock [Abstract]
Compensation expense | $			$ 84	$ 84
Restricted Stock [Member] | December Award [Member]
Restricted Stock [Abstract]
Independent members of the Board of Directors receiving award | member_of_board_of_directors	4	4
Restricted Stock [Member] | December Award [Member] | Board of Directors [Member]
Restricted Stock [Abstract]
Restricted shares	25,664	23,944

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended
	Apr. 02, 2016USD ($)segment	Apr. 04, 2015USD ($)segment	Dec. 31, 2015USD ($)
Segment Reporting Information [Line Items]
Reportable segments | segment	2	2
Net sales	$ 408,614	$ 376,048
Operating earnings (loss)	9,576	(14,050)
Total assets	1,210,853		$ 1,266,572
Siding, Fencing and Stone [Member]
Segment Reporting Information [Line Items]
Net sales	176,376	156,442
Operating earnings (loss)	20,374	10,322
Total assets	672,389		664,053
Windows and Doors [Member]
Segment Reporting Information [Line Items]
Net sales	232,238	219,606
Operating earnings (loss)	(1,250)	(16,408)
Total assets	497,510		498,994
Unallocated [Member]
Segment Reporting Information [Line Items]
Operating earnings (loss)	(9,548)	$ (7,964)
Total assets	$ 40,954		$ 103,525

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - 2015 agreement [Member] - USD ($) $ in Millions	Apr. 02, 2016	Apr. 04, 2015
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Due to Officers or Stockholders		$ 3
Chief Financial Officer [Member]
Related Party Transaction [Line Items]
Due to Officers or Stockholders		$ 1.3
All retention payments [Member]
Related Party Transaction [Line Items]
Due to Officers or Stockholders	$ 4.3

RESTRUCTURING (Details)

RESTRUCTURING (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Windows and Doors [Member] | Ply Gem Canada [Member]
Restructuring Cost and Reserve [Line Items]
Payments for Restructuring	$ (0.7)	$ (0.5)

GUARANTOR_NON-GUARANTOR FINAN59

GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION, Condensed Consolidating Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS [Abstract]
Net sales	$ 408,614	$ 376,048
Cost of products sold	321,913	315,767
Gross profit	86,701	60,281
Operating expenses:
Selling, general and administrative expenses	70,735	68,132
Intercompany administrative charges	0	0
Amortization of intangible assets	6,390	6,199
Total operating expenses	77,125	74,331
Operating earnings	9,576	(14,050)
Foreign currency (loss) gain	584	(934)
Intercompany interest	0	0
Interest expense	(18,692)	(19,093)
Interest income	10	9
Tax receivable agreement liability adjustment	(18,150)	(17,185)
Gains (Losses) on Extinguishment of Debt	2,399	0
Intercompany administrative income	0	0
Equity in subsidiaries' income (loss)	0	0
Income (Loss) before provision (benefit) for income taxes	(29,071)	(51,253)
Provision (benefit) for income taxes	(1,494)	(2,394)
Net income (loss)	(27,577)	(48,859)
Other comprehensive income (loss):
Currency translation adjustment	4,773	(7,453)
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(1,720)	2,102
Total comprehensive loss	(24,524)	(54,210)
Income (Loss) from Operations before Extraordinary Items	(29,071)	(51,253)
Guarantor Ply Gem Holdings, Inc. [Member]
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS [Abstract]
Net sales	0	0
Cost of products sold	0	0
Gross profit	0	0
Operating expenses:
Selling, general and administrative expenses	0	0
Intercompany administrative charges	0	0
Amortization of intangible assets	0	0
Total operating expenses	0	0
Operating earnings	0	0
Foreign currency (loss) gain	0	0
Intercompany interest	0	0
Interest expense	0	0
Interest income	0	0
Tax receivable agreement liability adjustment	0	0
Gains (Losses) on Extinguishment of Debt	0
Intercompany administrative income	0	0
Equity in subsidiaries' income (loss)	(27,577)	(48,859)
Income (Loss) before provision (benefit) for income taxes	(27,577)	(48,859)
Provision (benefit) for income taxes	0	0
Net income (loss)	(27,577)	(48,859)
Other comprehensive income (loss):
Currency translation adjustment	0	0
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0	0
Total comprehensive loss	(27,577)	(48,859)
Income (Loss) from Operations before Extraordinary Items	0	0
Issuer Ply Gem Industries, Inc. [Member]
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS [Abstract]
Net sales	0	0
Cost of products sold	0	0
Gross profit	0	0
Operating expenses:
Selling, general and administrative expenses	9,548	7,964
Intercompany administrative charges	0	0
Amortization of intangible assets	0	0
Total operating expenses	9,548	7,964
Operating earnings	(9,548)	(7,964)
Foreign currency (loss) gain	0	0
Intercompany interest	15,933	15,778
Interest expense	(18,691)	(19,080)
Interest income	2	1
Tax receivable agreement liability adjustment	(18,150)	(17,185)
Gains (Losses) on Extinguishment of Debt	2,399
Intercompany administrative income	9,445	9,905
Equity in subsidiaries' income (loss)	(4,169)	(30,314)
Income (Loss) before provision (benefit) for income taxes	(27,577)	(48,859)
Provision (benefit) for income taxes	0	0
Net income (loss)	(27,577)	(48,859)
Other comprehensive income (loss):
Currency translation adjustment	0	0
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0	0
Total comprehensive loss	(27,577)	(48,859)
Income (Loss) from Operations before Extraordinary Items	(23,408)	(18,545)
Guarantor Subsidiaries [Member]
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS [Abstract]
Net sales	369,514	327,391
Cost of products sold	289,872	276,444
Gross profit	79,642	50,947
Operating expenses:
Selling, general and administrative expenses	49,022	45,905
Intercompany administrative charges	7,772	8,755
Amortization of intangible assets	5,360	5,061
Total operating expenses	62,154	59,721
Operating earnings	17,488	(8,774)
Foreign currency (loss) gain	0	0
Intercompany interest	(15,550)	(13,929)
Interest expense	0	(4)
Interest income	2	2
Tax receivable agreement liability adjustment	0	0
Gains (Losses) on Extinguishment of Debt	0
Intercompany administrative income	0	0
Equity in subsidiaries' income (loss)	0	0
Income (Loss) before provision (benefit) for income taxes	1,940	(22,705)
Provision (benefit) for income taxes	(527)	(1,580)
Net income (loss)	2,467	(21,125)
Other comprehensive income (loss):
Currency translation adjustment	0	0
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0	0
Total comprehensive loss	2,467	(21,125)
Income (Loss) from Operations before Extraordinary Items	1,940	(22,705)
Non-Guarantor Subsidiary [Member]
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS [Abstract]
Net sales	39,100	48,657
Cost of products sold	32,041	39,323
Gross profit	7,059	9,334
Operating expenses:
Selling, general and administrative expenses	12,165	14,263
Intercompany administrative charges	1,673	1,150
Amortization of intangible assets	1,030	1,138
Total operating expenses	14,868	16,551
Operating earnings	(7,809)	(7,217)
Foreign currency (loss) gain	584	(934)
Intercompany interest	(383)	(1,849)
Interest expense	(1)	(9)
Interest income	6	6
Tax receivable agreement liability adjustment	0	0
Gains (Losses) on Extinguishment of Debt	0
Intercompany administrative income	0	0
Equity in subsidiaries' income (loss)	0	0
Income (Loss) before provision (benefit) for income taxes	(7,603)	(10,003)
Provision (benefit) for income taxes	(967)	(814)
Net income (loss)	(6,636)	(9,189)
Other comprehensive income (loss):
Currency translation adjustment	4,773	(7,453)
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(1,720)	2,102
Total comprehensive loss	(3,583)	(14,540)
Income (Loss) from Operations before Extraordinary Items	(7,603)	(10,003)
Consolidating Adjustments [Member]
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS [Abstract]
Net sales	0	0
Cost of products sold	0	0
Gross profit	0	0
Operating expenses:
Selling, general and administrative expenses	0	0
Intercompany administrative charges	(9,445)	(9,905)
Amortization of intangible assets	0	0
Total operating expenses	(9,445)	(9,905)
Operating earnings	9,445	9,905
Foreign currency (loss) gain	0	0
Intercompany interest	0	0
Interest expense	0	0
Interest income	0	0
Tax receivable agreement liability adjustment	0	0
Gains (Losses) on Extinguishment of Debt	0
Intercompany administrative income	(9,445)	(9,905)
Equity in subsidiaries' income (loss)	31,746	79,173
Income (Loss) before provision (benefit) for income taxes	31,746	79,173
Provision (benefit) for income taxes	0	0
Net income (loss)	31,746	79,173
Other comprehensive income (loss):
Currency translation adjustment	0	0
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0	0
Total comprehensive loss	31,746	79,173
Income (Loss) from Operations before Extraordinary Items	$ 0	$ 0

GUARANTOR_NON-GUARANTOR FINAN60

GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION, Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2015	Dec. 31, 2014
Proceeds from (Repayments of) Lines of Credit	$ 10,000	$ 60,000
Current Assets:
Cash and cash equivalents	34,341	22,444	$ 109,425	$ 33,162
Accounts receivable, net	204,159		195,165
Inventories:
Raw materials	69,335		64,002
Work in process	24,469		25,319
Finished goods	67,602		61,082
Total inventory	161,406		150,403
Prepaid expenses and other current assets	24,200		24,647
Deferred income taxes	14,202		11,261
Total current assets	438,308		490,901
Investments in subsidiaries	0		0
Property and Equipment, at cost:
Land	8,222		8,175
Buildings and improvements	67,177		66,321
Machinery and equipment	392,127		385,750
Total property and equipment	467,526		460,246
Less accumulated depreciation	(305,749)		(299,243)
Total property and equipment, net	161,777		161,003
Other Assets:
Intangible assets, net	122,957		128,384
Goodwill	479,549		477,739
Intercompany note receivable	0		0
Other	8,262		8,545
Total other assets	610,768		614,668
Total Assets	1,210,853		1,266,572
Current Liabilities:
Less current portion of long-term debt	4,300		4,300
Accounts payable	73,793		74,496
Accrued expenses	117,263		152,962
Tax receivable agreement payable - current	3,005		3,005
Total current liabilities	198,361		234,763
Deferred income taxes	24,642		21,387
Intercompany note payable	0		0
tax receivable agreement payable	38,961		20,811
Other long-term liabilities	89,770		90,893
Long-term debt, less current portion	$ 960,120		$ 975,531
Commitments and contingencies
Stockholders' Equity (Deficit):
Preferred stock	$ 0		$ 0
Common stock	681		681
Additional paid-in-capital	749,633		749,296
(Accumulated deficit) retained earnings	(817,801)		(790,224)
Accumulated other comprehensive loss	(33,514)		(36,566)
Total stockholders' deficit	(101,001)		(76,813)
Total Liabilities and Stockholder's Deficit	1,210,853		1,266,572
Guarantor Ply Gem Holdings, Inc. [Member]
Proceeds from (Repayments of) Lines of Credit	0	0
Current Assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0		0
Inventories:
Raw materials	0		0
Work in process	0		0
Finished goods	0		0
Total inventory	0		0
Prepaid expenses and other current assets	0		0
Deferred income taxes	0		0
Total current assets	0		0
Investments in subsidiaries	(101,001)		(76,813)
Property and Equipment, at cost:
Land	0		0
Buildings and improvements	0		0
Machinery and equipment	0		0
Total property and equipment	0		0
Less accumulated depreciation	0		0
Total property and equipment, net	0		0
Other Assets:
Intangible assets, net	0		0
Goodwill	0		0
Intercompany note receivable	0		0
Other	0		0
Total other assets	0		0
Total Assets	(101,001)		(76,813)
Current Liabilities:
Less current portion of long-term debt	0		0
Accounts payable	0		0
Accrued expenses	0		0
Tax receivable agreement payable - current	0		0
Total current liabilities	0		0
Deferred income taxes	0		0
Intercompany note payable	0		0
tax receivable agreement payable	0		0
Other long-term liabilities	0		0
Long-term debt, less current portion	$ 0		$ 0
Commitments and contingencies
Stockholders' Equity (Deficit):
Preferred stock	$ 0		$ 0
Common stock	681		681
Additional paid-in-capital	749,633		749,296
(Accumulated deficit) retained earnings	(817,801)		(790,224)
Accumulated other comprehensive loss	(33,514)		(36,566)
Total stockholders' deficit	(101,001)		(76,813)
Total Liabilities and Stockholder's Deficit	(101,001)		(76,813)
Issuer Ply Gem Industries, Inc. [Member]
Proceeds from (Repayments of) Lines of Credit	10,000	60,000
Current Assets:
Cash and cash equivalents	31,687	27,796	94,692	23,555
Accounts receivable, net	0		0
Inventories:
Raw materials	0		0
Work in process	0		0
Finished goods	0		0
Total inventory	0		0
Prepaid expenses and other current assets	1,437		944
Deferred income taxes	0		0
Total current assets	33,124		95,636
Investments in subsidiaries	(248,594)		(245,265)
Property and Equipment, at cost:
Land	0		0
Buildings and improvements	0		0
Machinery and equipment	5,175		4,813
Total property and equipment	5,175		4,813
Less accumulated depreciation	(1,816)		(1,755)
Total property and equipment, net	3,359		3,058
Other Assets:
Intangible assets, net	0		0
Goodwill	0		0
Intercompany note receivable	1,135,073		1,104,510
Other	4,471		4,831
Total other assets	1,139,544		1,109,341
Total Assets	927,433		962,770
Current Liabilities:
Less current portion of long-term debt	4,300		4,300
Accounts payable	181		235
Accrued expenses	13,470		24,512
Tax receivable agreement payable - current	3,005		3,005
Total current liabilities	20,956		32,052
Deferred income taxes	0		0
Intercompany note payable	0		0
tax receivable agreement payable	38,961		20,811
Other long-term liabilities	8,397		11,189
Long-term debt, less current portion	$ 960,120		$ 975,531
Commitments and contingencies
Stockholders' Equity (Deficit):
Preferred stock	$ 0		$ 0
Common stock	681		681
Additional paid-in-capital	749,633		749,296
(Accumulated deficit) retained earnings	(817,801)		(790,224)
Accumulated other comprehensive loss	(33,514)		(36,566)
Total stockholders' deficit	(101,001)		(76,813)
Total Liabilities and Stockholder's Deficit	927,433		962,770
Guarantor Subsidiaries [Member]
Proceeds from (Repayments of) Lines of Credit	0	0
Current Assets:
Cash and cash equivalents	(6,952)	(11,423)	(4,944)	(5,845)
Accounts receivable, net	182,854		172,560
Inventories:
Raw materials	63,500		58,400
Work in process	22,420		23,126
Finished goods	52,733		47,946
Total inventory	138,653		129,472
Prepaid expenses and other current assets	18,446		20,310
Deferred income taxes	14,202		11,255
Total current assets	347,203		328,653
Investments in subsidiaries	0		0
Property and Equipment, at cost:
Land	7,436		7,436
Buildings and improvements	62,458		61,883
Machinery and equipment	368,643		364,093
Total property and equipment	438,537		433,412
Less accumulated depreciation	(293,909)		(288,542)
Total property and equipment, net	144,628		144,870
Other Assets:
Intangible assets, net	106,840		112,173
Goodwill	449,366		449,366
Intercompany note receivable	0		0
Other	3,791		3,714
Total other assets	559,997		565,253
Total Assets	1,051,828		1,038,776
Current Liabilities:
Less current portion of long-term debt	0		0
Accounts payable	62,488		60,655
Accrued expenses	89,679		113,051
Tax receivable agreement payable - current	0		0
Total current liabilities	152,167		173,706
Deferred income taxes	20,483		17,470
Intercompany note payable	1,027,543		1,002,447
tax receivable agreement payable	0		0
Other long-term liabilities	77,386		75,911
Long-term debt, less current portion	$ 0		$ 0
Commitments and contingencies
Stockholders' Equity (Deficit):
Preferred stock	$ 0		$ 0
Common stock	0		0
Additional paid-in-capital	372,720		370,180
(Accumulated deficit) retained earnings	(582,497)		(584,964)
Accumulated other comprehensive loss	(15,974)		(15,974)
Total stockholders' deficit	(225,751)		(230,758)
Total Liabilities and Stockholder's Deficit	1,051,828		1,038,776
Non-Guarantor Subsidiary [Member]
Proceeds from (Repayments of) Lines of Credit	0	0
Current Assets:
Cash and cash equivalents	9,606	6,071	19,677	15,452
Accounts receivable, net	21,305		22,605
Inventories:
Raw materials	5,835		5,602
Work in process	2,049		2,193
Finished goods	14,869		13,136
Total inventory	22,753		20,931
Prepaid expenses and other current assets	4,317		3,393
Deferred income taxes	0		6
Total current assets	57,981		66,612
Investments in subsidiaries	0		0
Property and Equipment, at cost:
Land	786		739
Buildings and improvements	4,719		4,438
Machinery and equipment	18,309		16,844
Total property and equipment	23,814		22,021
Less accumulated depreciation	(10,024)		(8,946)
Total property and equipment, net	13,790		13,075
Other Assets:
Intangible assets, net	16,117		16,211
Goodwill	30,183		28,373
Intercompany note receivable	0		0
Other	0		0
Total other assets	46,300		44,584
Total Assets	118,071		124,271
Current Liabilities:
Less current portion of long-term debt	0		0
Accounts payable	11,124		13,606
Accrued expenses	14,114		15,399
Tax receivable agreement payable - current	0		0
Total current liabilities	25,238		29,005
Deferred income taxes	4,159		3,917
Intercompany note payable	107,530		102,063
tax receivable agreement payable	0		0
Other long-term liabilities	3,987		3,793
Long-term debt, less current portion	$ 0		$ 0
Commitments and contingencies
Stockholders' Equity (Deficit):
Preferred stock	$ 0		$ 0
Common stock	0		0
Additional paid-in-capital	26,854		31,611
(Accumulated deficit) retained earnings	(32,182)		(25,546)
Accumulated other comprehensive loss	(17,515)		(20,572)
Total stockholders' deficit	(22,843)		(14,507)
Total Liabilities and Stockholder's Deficit	118,071		124,271
Consolidating Adjustments [Member]
Proceeds from (Repayments of) Lines of Credit	0	0
Current Assets:
Cash and cash equivalents	0	$ 0	0	$ 0
Accounts receivable, net	0		0
Inventories:
Raw materials	0		0
Work in process	0		0
Finished goods	0		0
Total inventory	0		0
Prepaid expenses and other current assets	0		0
Deferred income taxes	0		0
Total current assets	0		0
Investments in subsidiaries	349,595		322,078
Property and Equipment, at cost:
Land	0		0
Buildings and improvements	0		0
Machinery and equipment	0		0
Total property and equipment	0		0
Less accumulated depreciation	0		0
Total property and equipment, net	0		0
Other Assets:
Intangible assets, net	0		0
Goodwill	0		0
Intercompany note receivable	(1,135,073)		(1,104,510)
Other	0		0
Total other assets	(1,135,073)		(1,104,510)
Total Assets	(785,478)		(782,432)
Current Liabilities:
Less current portion of long-term debt	0		0
Accounts payable	0		0
Accrued expenses	0		0
Tax receivable agreement payable - current	0		0
Total current liabilities	0		0
Deferred income taxes	0		0
Intercompany note payable	(1,135,073)		(1,104,510)
tax receivable agreement payable	0		0
Other long-term liabilities	0		0
Long-term debt, less current portion	$ 0		$ 0
Commitments and contingencies
Stockholders' Equity (Deficit):
Preferred stock	$ 0		$ 0
Common stock	(681)		(681)
Additional paid-in-capital	(1,149,207)		(1,151,087)
(Accumulated deficit) retained earnings	1,432,480		1,400,734
Accumulated other comprehensive loss	67,003		73,112
Total stockholders' deficit	349,595		322,078
Total Liabilities and Stockholder's Deficit	$ (785,478)		$ (782,432)

GUARANTOR_NON-GUARANTOR FINAN61

GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION, Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2014
Payments to Acquire Productive Assets	$ 7,732	$ 7,071
Cash flows from operating activities:
Net income (loss)	(27,577)	(48,859)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation and amortization expense	14,030	14,821
Restructuring Costs	566	46
Non-cash interest expense, net	3,416	3,419
(Gain) Loss on foreign currency transactions	584	(934)
Litigation Settlement, Amount	(5,000)		$ (5,000)
Gains (Losses) on Extinguishment of Debt	2,399	0
Stock based compensation	337	586
Deferred income taxes	65	1,019
Tax receivable agreement liability adjustment	(18,150)	(17,185)
(Decrease) increase in tax uncertainty, net of valuation allowance	62	73
Equity Income In Consolidated Subsidiaries	0	0
Other	138	(13)
Changes in operating assets and liabilities:
Accounts receivable, net	(9,134)	(5,964)
Inventories	(10,978)	469
Prepaid expenses and other current assets	(255)	4,793
Accounts payable	(875)	(7,801)
Accrued expenses	(37,775)	(39,757)
Cash payments on restructuring liabilities	(668)	(473)
Other	137	(1,469)
Net cash used in operating activities	(48,546)	(60,991)
Cash flows from financing activities:
Net revolver borrowings	10,000	60,000
Repayments of Senior Debt	(31,075)	(1,075)
Proceeds from Stock Options Exercised	0	182
Proceeds from intercompany investment	0	0
Net cash provided by (used in) financing activities	(21,075)	59,107
Impact of exchange rate movements on cash	2,193	(1,788)
Net decrease in cash and cash equivalents	(75,084)	(10,718)
Cash and cash equivalents at the beginning of the period	109,425	33,162
Cash and cash equivalents at the end of the period	34,341	22,444	33,162
Proceeds from sale of assets	76	25
Net Cash Provided by (Used in) Investing Activities	(7,656)	(7,046)
Guarantor Ply Gem Holdings, Inc. [Member]
Payments to Acquire Productive Assets	0	0
Cash flows from operating activities:
Net income (loss)	(27,577)	(48,859)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation and amortization expense	0	0
Restructuring Costs	0	0
Non-cash interest expense, net	0	0
(Gain) Loss on foreign currency transactions	0	0
Gains (Losses) on Extinguishment of Debt	0
Stock based compensation	0	0
Deferred income taxes	0	0
Tax receivable agreement liability adjustment	0	0
(Decrease) increase in tax uncertainty, net of valuation allowance	0	0
Equity Income In Consolidated Subsidiaries	27,577	48,859
Other	0	0
Changes in operating assets and liabilities:
Accounts receivable, net	0	0
Inventories	0	0
Prepaid expenses and other current assets	0	0
Accounts payable	0	0
Accrued expenses	0	0
Cash payments on restructuring liabilities	0	0
Other	0	0
Net cash used in operating activities	0	0
Cash flows from financing activities:
Net revolver borrowings	0	0
Repayments of Senior Debt	0	0
Proceeds from Stock Options Exercised		0
Proceeds from intercompany investment	0	0
Net cash provided by (used in) financing activities	0	0
Impact of exchange rate movements on cash	0	0
Net decrease in cash and cash equivalents	0	0
Cash and cash equivalents at the beginning of the period	0	0
Cash and cash equivalents at the end of the period	0	0	0
Proceeds from sale of assets	0	0
Net Cash Provided by (Used in) Investing Activities	0	0
Issuer Ply Gem Industries, Inc. [Member]
Payments to Acquire Productive Assets	362	67
Cash flows from operating activities:
Net income (loss)	(27,577)	(48,859)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation and amortization expense	61	150
Restructuring Costs	0	0
Non-cash interest expense, net	3,416	3,419
(Gain) Loss on foreign currency transactions	0	0
Gains (Losses) on Extinguishment of Debt	2,399
Stock based compensation	337	586
Deferred income taxes	0	0
Tax receivable agreement liability adjustment	(18,150)	(17,185)
(Decrease) increase in tax uncertainty, net of valuation allowance	0	0
Equity Income In Consolidated Subsidiaries	4,169	30,314
Other	0	0
Changes in operating assets and liabilities:
Accounts receivable, net	0	0
Inventories	0	0
Prepaid expenses and other current assets	(285)	755
Accounts payable	(54)	(57)
Accrued expenses	(13,833)	(16,211)
Cash payments on restructuring liabilities	0	0
Other	0	0
Net cash used in operating activities	(13,217)	(12,718)
Cash flows from financing activities:
Net revolver borrowings	10,000	60,000
Repayments of Senior Debt	(31,075)	(1,075)
Proceeds from Stock Options Exercised		182
Proceeds from intercompany investment	(28,351)	(42,081)
Net cash provided by (used in) financing activities	(49,426)	17,026
Impact of exchange rate movements on cash	0	0
Net decrease in cash and cash equivalents	(63,005)	4,241
Cash and cash equivalents at the beginning of the period	94,692	23,555
Cash and cash equivalents at the end of the period	31,687	27,796	23,555
Proceeds from sale of assets	0	0
Net Cash Provided by (Used in) Investing Activities	(362)	(67)
Guarantor Subsidiaries [Member]
Payments to Acquire Productive Assets	6,946	6,026
Cash flows from operating activities:
Net income (loss)	2,467	(21,125)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation and amortization expense	12,379	12,840
Restructuring Costs	0	0
Non-cash interest expense, net	0	0
(Gain) Loss on foreign currency transactions	0	0
Gains (Losses) on Extinguishment of Debt	0
Stock based compensation	0	0
Deferred income taxes	65	1,019
Tax receivable agreement liability adjustment	0	0
(Decrease) increase in tax uncertainty, net of valuation allowance	62	73
Equity Income In Consolidated Subsidiaries	0	0
Other	138	(13)
Changes in operating assets and liabilities:
Accounts receivable, net	(11,718)	(6,729)
Inventories	(10,511)	2,304
Prepaid expenses and other current assets	(68)	4,161
Accounts payable	(3,995)	(8,736)
Accrued expenses	(25,802)	(26,275)
Cash payments on restructuring liabilities	(112)	(44)
Other	139	(1,469)
Net cash used in operating activities	(36,956)	(43,994)
Cash flows from financing activities:
Net revolver borrowings	0	0
Repayments of Senior Debt	0	0
Proceeds from Stock Options Exercised		0
Proceeds from intercompany investment	41,818	44,417
Net cash provided by (used in) financing activities	41,818	44,417
Impact of exchange rate movements on cash	0	0
Net decrease in cash and cash equivalents	(2,008)	(5,578)
Cash and cash equivalents at the beginning of the period	(4,944)	(5,845)
Cash and cash equivalents at the end of the period	(6,952)	(11,423)	(5,845)
Proceeds from sale of assets	76	25
Net Cash Provided by (Used in) Investing Activities	(6,870)	(6,001)
Non-Guarantor Subsidiary [Member]
Payments to Acquire Productive Assets	424	978
Cash flows from operating activities:
Net income (loss)	(6,636)	(9,189)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation and amortization expense	1,590	1,831
Restructuring Costs	566	46
Non-cash interest expense, net	0	0
(Gain) Loss on foreign currency transactions	584	(934)
Gains (Losses) on Extinguishment of Debt	0
Stock based compensation	0	0
Deferred income taxes	0	0
Tax receivable agreement liability adjustment	0	0
(Decrease) increase in tax uncertainty, net of valuation allowance	0	0
Equity Income In Consolidated Subsidiaries	0	0
Other	0	0
Changes in operating assets and liabilities:
Accounts receivable, net	2,584	765
Inventories	(467)	(1,835)
Prepaid expenses and other current assets	98	(123)
Accounts payable	3,174	992
Accrued expenses	1,860	2,729
Cash payments on restructuring liabilities	(556)	(429)
Other	(2)	0
Net cash used in operating activities	1,627	(4,279)
Cash flows from financing activities:
Net revolver borrowings	0	0
Repayments of Senior Debt	0	0
Proceeds from Stock Options Exercised		0
Proceeds from intercompany investment	(13,467)	(2,336)
Net cash provided by (used in) financing activities	(13,467)	(2,336)
Impact of exchange rate movements on cash	2,193	(1,788)
Net decrease in cash and cash equivalents	(10,071)	(9,381)
Cash and cash equivalents at the beginning of the period	19,677	15,452
Cash and cash equivalents at the end of the period	9,606	6,071	15,452
Proceeds from sale of assets	0	0
Net Cash Provided by (Used in) Investing Activities	(424)	(978)
Consolidating Adjustments [Member]
Payments to Acquire Productive Assets	0	0
Cash flows from operating activities:
Net income (loss)	31,746	79,173
Adjustments to reconcile net loss to cash provided by (used in) operating activities:
Depreciation and amortization expense	0	0
Restructuring Costs	0	0
Non-cash interest expense, net	0	0
(Gain) Loss on foreign currency transactions	0	0
Gains (Losses) on Extinguishment of Debt	0
Stock based compensation	0	0
Deferred income taxes	0	0
Tax receivable agreement liability adjustment	0	0
(Decrease) increase in tax uncertainty, net of valuation allowance	0	0
Equity Income In Consolidated Subsidiaries	(31,746)	(79,173)
Other	0	0
Changes in operating assets and liabilities:
Accounts receivable, net	0	0
Inventories	0	0
Prepaid expenses and other current assets	0	0
Accounts payable	0	0
Accrued expenses	0	0
Cash payments on restructuring liabilities	0	0
Other	0	0
Net cash used in operating activities	0	0
Cash flows from financing activities:
Net revolver borrowings	0	0
Repayments of Senior Debt	0	0
Proceeds from Stock Options Exercised		0
Proceeds from intercompany investment	0	0
Net cash provided by (used in) financing activities	0	0
Impact of exchange rate movements on cash	0	0
Net decrease in cash and cash equivalents	0	0
Cash and cash equivalents at the beginning of the period	0	0
Cash and cash equivalents at the end of the period	0	0	$ 0
Proceeds from sale of assets	0	0
Net Cash Provided by (Used in) Investing Activities	$ 0	$ 0