Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 67

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 67
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 attributable to common stockholders$20.7 $27.6 $31.5 $58.3 Denominator:Weighted average number of shares:Basic139,552,809 145,857,673 139,801,720 146,230,907 Adjustment for dilutive securities451,281 577,450 335,572 509,760 Diluted140,004,090 146,435,123 140,137,292 146,740,667 Basic net income per share attributable to common stockholders$0.15 $0.19 $0.23 $0.40 Diluted net income per share attributable to common stockholders$0.15 $0.19 $0.22 $0.40 

15. Share Repurchase Program 

On February 28, 2024, the Board of Directors authorized a share repurchase program, pursuant to which we were authorized to purchase up to $100.0 of our common stock. On May 15, 2025, the Board of Directors authorized an incremental increase of $75.0 to our share repurchase program. The repurchase authorization does not have an expiration date and may be terminated by the Board of Directors at any time. As of June 28, 2025, there is $81.3 remaining under the share repurchase program. The Inflation Reduction Act of 2022 imposes a 1% excise tax on share repurchases in excess of issuances, which is effective for share repurchases completed after December 31, 2022. We reflect the excise tax within equity as part of the repurchase of the common stock.The following table presents the share repurchase activity for the periods presented:(amounts in millions, except share data)Three Months EndedSix Months EndedJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Number of shares repurchased1,221,672 753,667 1,843,315 1,773,556 Share repurchase cost (including excise taxes)$10.1 $10.1 $15.2 $25.4 

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

16. Segments Information

We operate and report our results through two geographic-based reportable segments: Jan