Company: JBI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001839839-25-000132
Chunk: 36

Company: Janus International Group, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 36
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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)

March 29, 2025December 28, 2024ASSETSCurrent assetsCash and cash equivalents$140.8 $149.3 Accounts receivable, less allowance for credit losses of $15.1 and $18.1, as of March 29, 2025 and December 28, 2024, respectively120.6 136.5 Contract assets28.2 23.2 Inventories53.3 53.3 Prepaid expenses7.5 7.2 Other current assets10.9 16.0 Total current assets$361.3 $385.5 Property, plant, and equipment, net61.1 56.8 Right-of-use assets, net59.1 59.7 Intangible assets, net365.7 373.5 Goodwill383.4 383.1 Deferred tax assets, net36.0 36.9 Other assets5.2 5.8 Total assets$1,271.8 $1,301.3 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$57.8 $53.9 Contract liabilities17.9 17.9 Current maturities of long-term debt7.5 8.8 Accrued expenses and other current liabilities56.1 56.2 Total current liabilities$139.3 $136.8 Long-term debt, net544.5 583.2 Deferred tax liabilities, net1.7 1.7 Other long-term liabilities59.5 60.8 Total liabilities$745.0 $782.5 STOCKHOLDERS’ EQUITYCommon stock, 825,000,000 shares authorized, $0.0001 par value, 148,164,578 and 147,280,524 shares issued as of March 29, 2025 and December 28, 2024, respectively$— $— Treasury stock, at cost, 8,230,011 and 7,276,549 shares as of March 29, 2025 and December 28, 2024, respectively(89.1)(81.