Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 107

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 7
Chunk 107
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.7 %Amortization8.3 8.2 0.1 1.2 %EBITDA*$41.5 $37.9 $3.6 9.5 %Restructuring charges(1)1.1 0.4 0.7 175.0 %Acquisition expense(2)0.9 2.0 (1.1)(55.0)%Impairment(3)— 2.8 (2.8)(100.0)%Other0.1 — 0.1 100.0 %Adjusted EBITDA*$43.6 $43.1 $0.5 1.2 %

46

Nine Months EndedVariance(dollar amounts in millions)September 27, 2025September 28, 2024$%Net Income$46.7 $70.1 $(23.4)(33.4)%Interest, net28.0 38.9 (10.9)(28.0)%Income taxes17.1 23.3 (6.2)(26.6)%Depreciation9.1 8.9 0.2 2.2 %Amortization24.8 23.7 1.1 4.6 %EBITDA*$125.7 $164.9 $(39.2)(23.8)%Restructuring charges(1)2.3 1.1 1.2 109.1 %Acquisition expense(2)2.6 3.4 (0.8)(23.5)%Impairment(3)— 2.8 (2.8)(100.0)%Loss on extinguishment and modification of debt(4)— 1.7 (1.7)(100.0)%Other0.4 — 0.4 100.0 %Adjusted EBITDA*$131.0 $173.9 $(42.9)(24.7)%

(1)Restructuring charges consist of the following: 1) facility relocations, 2) severance and hiring costs associated with our strategic transformation, including leadership team changes, and 3) strategic business assessment and transformation projects.

(2)Expenses or income related to various professional fees, acquisition related compensation, net working capital finalization, legal settlements,