Product Warranty Costs

3 Months Ended

Apr. 02, 2016

Standard Product Warranty Disclosure [Abstract]

Product Warranty Costs

Product Warranty Costs

Consistent with industry practice, the Company provides homeowners with limited warranties on certain products, primarily related to window and siding product categories.

Changes in the warranty reserve are as follows (in thousands):

	Quarters Ended
	April 2, 2016			April 4, 2015
Balance at the beginning of the period	$	85,112		$	89,940
Provision for warranties issued and changes in estimates for pre-existing warranties	1,327			1,250
Claims paid	(1,503		)	(1,328		)
Foreign currency translation	566			(616		)
Balance at the end of the period	$	85,502		$	89,246

On February 13, 2013, the Company entered into a Settlement Agreement and Release of Claims (the “Settlement”) for a class action lawsuit filed by plaintiffs and a putative nationwide class of homeowners regarding certain warranty related claims for steel and aluminum siding, which became effective on September 2, 2013. The Company expects to incur additional warranty costs associated with the Settlement; however, the Company does not believe the incremental costs, which currently cannot be estimated for recognition purposes, have been or will be material.