Employee Benefit Plans

3 Months Ended

Apr. 03, 2015

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

Retirement Plans

The Company maintains a non-contributory defined benefit pension plan covering substantially all U.S. hourly employees (the "U.S. Plan"). In addition, the employees at Euramax Coated Products Limited and Ellbee Limited participate in a single employer pension plan (the "UK Plan"). The measurement date for the U.S. and UK plans is the last day of the fiscal year. The Company curtailed the accrual of participant benefits provided under the UK Plan effective March 31, 2009. This curtailment did not affect the timing for the payment of benefits earned under the UK Plan through the curtailment date. In January 2010, the Company's board of directors approved a motion to freeze future benefit accruals under the U.S. Plan. The impact on the Company's projected benefit obligation was not significant. Components of net periodic pension cost for the Company’s defined and multiemployer pension plans were as follows:

	Three months ended
	April 3, 2015						March 28, 2014
	U.S. Plan			UK Plan			U.S. Plan			UK Plan
	(in thousands)
Service cost	$	20		$	—		$	14		$	—
Interest cost	145			440			140			552
Expected return on assets	(189		)	(392		)	(186		)	(466		)
Recognized actuarial net loss	78			44			2			18
Total defined benefit net periodic pension cost	54			92			(30		)	104
Multiemployer benefit expense	272			—			258			—
Net periodic pension cost	$	326		$	92		$	228		$	104