Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 34

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 34
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 as of the periods presented is as follows:(dollar amounts in millions)September 27, 2025December 28, 2024Identifiable assetsJanus North America$1,226.4 $1,234.6 Janus International74.1 66.7 Consolidated identifiable assets$1,300.5 $1,301.3 Property, plant, and equipment, netJanus North America$60.4 $49.0 Janus International8.1 7.8 Consolidated property, plant, and equipment, net$68.5 $56.8 (dollar amounts in millions)September 27, 2025December 28, 2024Long-lived assets(1)United States$445.7 $459.9 Other30.4 30.1 Total long-lived assets $476.1 $490.0 

(1)Our long-lived assets consist primarily of intangible assets, net, right-of-use assets, net, and property, plant, and equipment, net. 

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Janus International Group, Inc.Notes to Unaudited Condensed Consolidated Financial Statements

18. Commitments and ContingenciesAccounting principles generally accepted in the United States of America require disclosure of certain significant estimates and current vulnerabilities due to certain concentrations. Those matters include the following:General LitigationWe are subject to claims and lawsuits that arise primarily in the ordinary course of business. It is the opinion of management that the disposition or ultimate resolution of such claims and lawsuits will not have a material adverse effect on our consolidated financial position, results of operations, and cash flows.Self-InsuranceUnder our workers’ compensation insurance program, coverage is obtained for catastrophic exposures under which we retain a portion of certain expected losses. We have stop loss workers’ compensation insurance for claims in excess of $0.2 as of both September 27, 2025 and December 28, 2024. Provision for losses expected under this program are recorded based upon estimates of the aggregate liability for claims incurred but not reported, which totaled approximately $0.6 and $0.9 as of September 27, 2025, and December 28, 2024, respectively. The amount of actual losses incurred could differ materially from the estimates reflected in these Unaudited Condensed Consolidated Financial Statements.Under our health insurance program, coverage is obtained for catastrophic exposures under which we retain a portion of