Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 40

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 40
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Item 1.    Financial Statements

Janus International Group, Inc.Condensed Consolidated Balance Sheets(amounts in millions, except share and per share data - Unaudited)

June 28, 2025December 28, 2024ASSETSCurrent assetsCash and cash equivalents$173.6 $149.3 Accounts receivable, less allowance for credit losses of $14.6 and $18.1, as of June 28, 2025 and December 28, 2024, respectively114.4 136.5 Contract assets28.9 23.2 Inventories53.9 53.3 Prepaid expenses8.8 7.2 Other current assets18.2 16.0 Total current assets$397.8 $385.5 Property, plant, and equipment, net65.1 56.8 Right-of-use assets, net58.5 59.7 Intangible assets, net358.2 373.5 Goodwill384.0 383.1 Deferred tax assets, net33.9 36.9 Other assets5.0 5.8 Total assets$1,302.5 $1,301.3 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$67.1 $53.9 Contract liabilities16.4 17.9 Current maturities of long-term debt7.5 8.8 Accrued expenses and other current liabilities61.4 56.2 Total current liabilities$152.4 $136.8 Long-term debt, net543.2 583.2 Deferred tax liabilities, net3.8 1.7 Other long-term liabilities59.3 60.8 Total liabilities$758.7 $782.5 STOCKHOLDERS’ EQUITYCommon stock, 825,000,000 shares authorized, $0.0001 par value, 148,329,835 and 147,280,524 shares issued as of June 28, 2025 and December 28, 2024, respectively$— $— Treasury stock, at cost, 9,466,039 and 7,276,549 shares as of June 28, 2025 and December 28, 2024, respectively(99.3)(81.