Subsidiary Guarantors (Tables)

6 Months Ended

12 Months Ended

Jun. 28, 2014

Jun. 29, 2013

Dec. 28, 2013

Condensed Financial Statements, Captions [Line Items]

Condensed consolidating balance sheet

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

June 28, 2014

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries			Reclassification/ Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	6,698		$	—	$	—		$	145		$	—		$	6,843
Accounts receivable, net	116,174			—		10,532			34,360			—			161,066
Intercompany receivables	362,956			—		57,600			1,794			(422,350		)	—
Inventories	128,608			—		11,116			40,819			—			180,543
Income taxes receivable	—			—		722			—			—			722
Deferred income taxes	2,451			—		2,234			—			—			4,685
Prepaid expenses and other current assets	9,774			—		934			2,608			—			13,316
Total current assets	626,661			—		83,138			79,726			(422,350		)	367,175
Property, plant and equipment, net	63,807			—		1,576			33,294			—			98,677
Goodwill	300,642			—		24,650			147,063			—			472,355
Other intangible assets, net	369,733			—		44,429			136,651			—			550,813
Investment in subsidiaries	(28,366		)	—		(130,625		)	—			158,991			—
Intercompany receivable	—			834,628		—			—			(834,628		)	—
Other assets	20,032			—		(1		)	1,553			—			21,584
Total assets	$	1,352,509		$	834,628	$	23,167		$	398,287		$	(1,097,987	)	$	1,510,604
LIABILITIES AND MEMBER'S EQUITY
Current liabilities:
Accounts payable	$	87,927		$	—	$	9,510		$	34,838		$	—		$	132,275
Intercompany payables	1,794			—		—			420,556			(422,350		)	—
Accrued liabilities	61,385			—		5,082			8,030			—			74,497
Deferred income taxes	1,257			—		—			2,450			—			3,707
Income taxes payable	409			—		—			3,280			—			3,689
Total current liabilities	152,772			—		14,592			469,154			(422,350		)	214,168
Deferred income taxes	73,862			—		16,620			35,870			—			126,352
Other liabilities	74,895			—		20,321			17,688			—			112,904
Long-term debt	908,628			834,628		—			6,200			(834,628		)	914,828
Member’s equity	142,352			—		(28,366		)	(130,625		)	158,991			142,352
Total liabilities and member’s equity	$	1,352,509		$	834,628	$	23,167		$	398,287		$	(1,097,987	)	$	1,510,604

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET

December 28, 2013

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries			Reclassification/ Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	7,566		$	—	$	—		$	13,249		$	—		$	20,815
Accounts receivable, net	96,265			—		9,858			19,140			—			125,263
Intercompany receivables	374,444			—		57,711			1,794			(433,949		)	—
Inventories	93,175			—		10,117			30,177			—			133,469
Income taxes receivable	—			—		792			—			—			792
Deferred income taxes	2,451			—		2,234			—			—			4,685
Prepaid expenses and other current assets	8,239			—		891			1,712			—			10,842
Total current assets	582,140			—		81,603			66,072			(433,949		)	295,866
Property, plant and equipment, net	65,348			—		1,574			34,023			—			100,945
Goodwill	300,642			—		24,650			146,499			—			471,791
Other intangible assets, net	379,740			—		44,654			138,830			—			563,224
Investment in subsidiaries	(37,194		)	—		(136,544		)	—			173,738			—
Intercompany receivable	—			835,230		—			—			(835,230		)	—
Other assets	22,926			—		—			1,867			—			24,793
Total assets	$	1,313,602		$	835,230	$	15,937		$	387,291		$	(1,095,441	)	$	1,456,619
LIABILITIES AND MEMBER'S EQUITY
Current liabilities:
Accounts payable	$	64,272		$	—	$	9,531		$	23,171		$	—		$	96,974
Intercompany payables	1,794			—		—			432,155			(433,949		)	—
Accrued liabilities	63,534			—		6,392			8,256			—			78,182
Deferred income taxes	—			—		—			2,441			—			2,441
Income taxes payable	452			—		—			1,687			—			2,139
Total current liabilities	130,052			—		15,923			467,710			(433,949		)	179,736
Deferred income taxes	73,862			—		16,620			35,722			—			126,204
Other liabilities	76,668			—		20,588			20,403			—			117,659
Long-term debt	835,230			835,230		—			—			(835,230		)	835,230
Member’s equity	197,790			—		(37,194		)	(136,544		)	173,738			197,790
Total liabilities and member’s equity	$	1,313,602		$	835,230	$	15,937		$	387,291		$	(1,095,441	)	$	1,456,619

Condensed consolidating statements of comprehensive loss

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

For The Quarter Ended June 28, 2014

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries		Reclassification/ Eliminations			Consolidated
Net sales	$	251,215		$	—	$	45,778		$	79,125	$	(56,243	)	$	319,875
Cost of sales	201,020			—		42,595			60,490		(56,243		)	247,862
Gross profit	50,195			—		3,183			18,635		—			72,013
Selling, general and administrative expenses	48,100			—		1,104			11,062		—			60,266
Income from operations	2,095			—		2,079			7,573		—			11,747
Interest expense, net	20,292			—		—			467		—			20,759
Foreign currency loss	—			—		—			278		—			278
(Loss) income before income taxes	(18,197		)	—		2,079			6,828		—			(9,290		)
Income tax (benefit) expense	(378		)	—		(36		)	1,732		—			1,318
(Loss) income before equity income (loss) from subsidiaries	(17,819		)	—		2,115			5,096		—			(10,608		)
Equity income (loss) from subsidiaries	7,211			—		5,096			—		(12,307		)	—
Net (loss) income	(10,608		)	—		7,211			5,096		(12,307		)	(10,608		)
Other comprehensive income (loss):
Pension and other postretirement benefit adjustments, net of tax	5			—		13			14		(27		)	5
Foreign currency translation adjustments, net of tax	10,211			—		10,211			10,211		(20,422		)	10,211
Total comprehensive (loss) income	$	(392	)	$	—	$	17,435		$	15,321	$	(32,756	)	$	(392	)

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

For The Six Months Ended June 28, 2014

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries		Reclassification/ Eliminations			Consolidated
Net sales	$	408,154		$	—	$	76,440		$	123,819	$	(91,949	)	$	516,464
Cost of sales	335,338			—		71,545			95,102		(91,949		)	410,036
Gross profit	72,816			—		4,895			28,717		—			106,428
Selling, general and administrative expenses	96,230			—		2,046			20,986		—			119,262
Manufacturing restructuring costs	(331		)	—		—			—		—			(331		)
(Loss) income from operations	(23,083		)	—		2,849			7,731		—			(12,503		)
Interest expense, net	40,264			—		1			814		—			41,079
Foreign currency loss	—			—		—			616		—			616
(Loss) income before income taxes	(63,347		)	—		2,848			6,301		—			(54,198		)
Income tax expense (benefit)	1,256			—		(63		)	1,566		—			2,759
(Loss) income before equity income (loss) from subsidiaries	(64,603		)	—		2,911			4,735		—			(56,957		)
Equity income (loss) from subsidiaries	7,646			—		4,735			—		(12,381		)	—
Net (loss) income	(56,957		)	—		7,646			4,735		(12,381		)	(56,957		)
Other comprehensive income (loss):
Pension and other postretirement benefit adjustments, net of tax	8			—		25			28		(53		)	8
Foreign currency translation adjustments, net of tax	1,157			—		1,157			1,157		(2,314		)	1,157
Total comprehensive (loss) income	$	(55,792	)	$	—	$	8,828		$	5,920	$	(14,748	)	$	(55,792	)

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

For The Quarter Ended June 29, 2013

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries			Reclassification/ Eliminations			Consolidated
Net sales	$	248,981		$	—	$	49,065		$	78,405		$	(51,876	)	$	324,575
Cost of sales	188,018			—		45,957			60,281			(51,876		)	242,380
Gross profit	60,963			—		3,108			18,124			—			82,195
Selling, general and administrative expenses	49,868			—		1,369			11,566			—			62,803
Income from operations	11,095			—		1,739			6,558			—			19,392
Interest expense, net	19,741			—		—			650			—			20,391
Foreign currency loss	—			—		—			178			—			178
(Loss) income before income taxes	(8,646		)	—		1,739			5,730			—			(1,177		)
Income tax expense (benefit)	469			—		(42		)	1,535			—			1,962
(Loss) income before equity income (loss) from subsidiaries	(9,115		)	—		1,781			4,195			—			(3,139		)
Equity income (loss) from subsidiaries	5,976			—		4,195			—			(10,171		)	—
Net (loss) income	(3,139		)	—		5,976			4,195			(10,171		)	(3,139		)
Other comprehensive income (loss):
Pension and other postretirement benefit adjustments, net of tax	152			—		108			100			(208		)	152
Foreign currency translation adjustments, net of tax	(9,729		)	—		(9,729		)	(9,729		)	19,458			(9,729		)
Total comprehensive (loss) income	$	(12,716	)	$	—	$	(3,645	)	$	(5,434	)	$	9,079		$	(12,716	)

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

For The Six Months Ended June 29, 2013

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries			Reclassification/ Eliminations			Consolidated
Net sales	$	410,744		$	—	$	84,895		$	124,605		$	(86,685	)	$	533,559
Cost of sales	316,319			—		79,284			97,692			(86,685		)	406,610
Gross profit	94,425			—		5,611			26,913			—			126,949
Selling, general and administrative expenses	94,272			—		2,804			22,562			—			119,638
Income from operations	153			—		2,807			4,351			—			7,311
Interest expense, net	38,194			—		—			1,038			—			39,232
Foreign currency loss	—			—		—			431			—			431
(Loss) income before income taxes	(38,041		)	—		2,807			2,882			—			(32,352		)
Income tax expense (benefit)	1,415			—		(76		)	792			—			2,131
(Loss) income before equity income (loss) from subsidiaries	(39,456		)	—		2,883			2,090			—			(34,483		)
Equity income (loss) from subsidiaries	4,973			—		2,090			—			(7,063		)	—
Net (loss) income	(34,483		)	—		4,973			2,090			(7,063		)	(34,483		)
Other comprehensive income (loss):
Pension and other postretirement benefit adjustments, net of tax	305			—		218			202			(420		)	305
Foreign currency translation adjustments, net of tax	(15,272		)	—		(15,272		)	(15,272		)	30,544			(15,272		)
Total comprehensive (loss) income	$	(49,450	)	$	—	$	(10,081	)	$	(12,980	)	$	23,061		$	(49,450	)

Condensed consolidating statements of cash flows

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended June 28, 2014

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries			Reclassification/Eliminations			Consolidated
Net cash (used in) provided by operating activities	$	(76,034	)	$	—	$	5,938		$	(18,335	)	$	—		$	(88,431	)
INVESTING ACTIVITIES
Capital expenditures	(4,528		)	—		(249		)	(468		)	—			(5,245		)
Proceeds from the sale of assets	5			—		—			2			—			7
Payments on loans to affiliates	—			—		(5,689		)	—			5,689			—
Net cash (used in) provided by investing activities	(4,523		)	—		(5,938		)	(466		)	5,689			(5,238		)
FINANCING ACTIVITIES
Borrowings under ABL facilities	94,700			—		—			26,542			—			121,242
Payments under ABL facilities	(20,700		)	—		—			(20,428		)	—			(41,128		)
Borrowings from affiliates	5,689			—		—			—			(5,689		)	—
Net cash provided by (used in) financing activities	79,689			—		—			6,114			(5,689		)	80,114
Effect of exchange rate changes on cash and cash equivalents	—			—		—			(417		)	—			(417		)
Net decrease in cash and cash equivalents	(868		)	—		—			(13,104		)	—			(13,972		)
Cash and cash equivalents at beginning of period	7,566			—		—			13,249			—			20,815
Cash and cash equivalents at end of period	$	6,698		$	—	$	—		$	145		$	—		$	6,843

ASSOCIATED MATERIALS, LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For The Six Months EndedJune 29, 2013

(Unaudited, in thousands)

	Company			Co-Issuer		Subsidiary Guarantors			Non-Guarantor Subsidiaries			Reclassification/Eliminations			Consolidated
Net cash used in operating activities	$	(15,934	)	$	—	$	(10,261	)	$	(13,769	)	$	—		$	(39,964	)
INVESTING ACTIVITIES
Capital expenditures	(4,149		)	—		(10		)	(308		)	—			(4,467		)
Supply center acquisition	(348		)	—		—			—			—			(348		)
Proceeds from the sale of assets	47			—		—			—			—			47
(Payments) receipts on loans to affiliates	(20,000		)	—		10,271			—			9,729			—
Net cash (used in) provided by investing activities	(24,450		)	—		10,261			(308		)	9,729			(4,768		)
FINANCING ACTIVITIES
Borrowings under ABL facilities	69,891			—		—			31,053			—			100,944
Payments under ABL facilities	(119,391		)	—		—			(34,767		)	—			(154,158		)
(Repayments) borrowings from affiliates	(10,271		)	—		—			20,000			(9,729		)	—
Equity contribution from parent	742			—		—			—			—			742
Issuance of senior notes	106,000			—		—			—			—			106,000
Financing costs	(4,629		)	—		—			(475		)	—			(5,104		)
Net cash provided by (used in) financing activities	42,342			—		—			15,811			(9,729		)	48,424
Effect of exchange rate changes on cash and cash equivalents	—			—		—			(184		)	—			(184		)
Net increase in cash and cash equivalents	1,958			—		—			1,550			—			3,508
Cash and cash equivalents at beginning of period	7,320			—		—			2,274			—			9,594
Cash and cash equivalents at end of period	$	9,278		$	—	$	—		$	3,824		$	—		$	13,102

Revised Schedule of Condensed Statement of Cash Flows [Table Text Block]

The Condensed Consolidating Statement of Cash Flows for the six months ended June 29, 2013 has been revised to present changes in receivable from or payable to an affiliate, which resulted from subsidiary’s deposit in or withdrawal from the parent company’s cash account under a centralized cash management arrangement, and loan payments and receipts between companies within investing and financing activities. Changes in receivable from or payable to an affiliate related to trade transactions are presented within operating activities. The Company previously reported all changes in receivable from and payable to an affiliate as cash flows in financing activities. The effect is summarized as follows:

	For the Six months ended June 29, 2013
(in thousands)	Company (As Previously Reported)		Company (As Corrected)		Subsidiary Guarantors (As Previously Reported)		Subsidiary Guarantors (As Corrected)		Non-Guarantor Subsidiary (As Previously Reported)		Non-Guarantor Subsidiary (As Corrected)		Eliminations (As Previously Reported)	Eliminations (As Corrected)
Net cash used in operating activities	(37,182	)	(15,934	)	(2,452	)	(10,261	)	(330	)	(13,769	)	—	—
INVESTING ACTIVITIES
(Payments) receipts on loans to affiliates	—		(20,000	)	—		10,271		—		—		—	9,729
Net cash (used in) provided by investing activities	(4,450	)	(24,450	)	(10	)	10,261		(308	)	(308	)	—	9,729
FINANCING ACTIVITIES
(Repayments) borrowings from affiliates	(9,023	)	(10,271	)	2,462		—		6,561		20,000		—	(9,729	)
Net cash provided by (used in) financing activities	43,590		42,342		2,462		—		2,372		15,811		—	(9,729	)