Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 109

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 7
Chunk 109
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47

Contractual Obligations

Summarized below are our contractual obligations as of September 27, 2025 and their expected impact on our liquidity and cash flows in future periods:

(dollar amounts in millions)Total20252026-20272028-2029ThereafterDebt obligations$554.0 $3.0 $12.0 $12.0 $527.0 Finance lease obligations3.0 0.5 1.9 0.6 — Unconditional purchase obligations6.1 2.1 3.9 0.1 — Operating lease obligations60.1 1.9 14.1 12.0 32.1 Total$623.2 $7.5 $31.9 $24.7 $559.1 

Debt obligations are presented for the principal balance and include the First Lien Term Loan payments. The First Lien Term Loan has a maturity date of August 3, 2030. (See Note 10, Long-Term Debt, to our Unaudited Condensed Consolidated Financial Statements in this Form 10-Q for a further discussion).

Finance lease obligations include future payments related to finance leases. Operating lease obligations consist of future payments related to operating lease liabilities for real and personal property leases with various lease expiration dates. The amount included in the “Thereafter” column is primarily comprised of thirteen real property leases with expiration dates ranging from 2029– 2036. Finance and operating lease obligations are presented net of imputed interest. (See Note 5, Leases, to our Unaudited Condensed Consolidated Financial Statements in this Form 10-Q for a further discussion of future lease payments).

Unconditional purchase obligations consist of supply contracts that relate to fixed price arrangements as well as multi-year software contracts. As we continue to analyze the impact of previously announced and threatened tariffs as well as potential mitigation strategies, we may look to renegotiate certain fixed pricing arrangements or enter into more favorable fixed pricing arrangements to offset fluctuations in prices for raw materials.

The table above does not include $4.9 in estimated warranty liabilities because it is not certain when or if these liabilities will be funded.

In addition to the contractual obligations and commitments listed and described above, we also had another commitment for which we are contingently liable as of September 27, 2025 and December 28, 2024 consisting of an outstanding letter of credit of $