Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 53

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 53
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 determined on a first-in, first-out basis or average cost. Labor and overhead costs associated with inventory produced are capitalized into inventories. The major components of inventories are as follows for the periods presented:(dollar amounts in millions)June 28, 2025December 28, 2024Raw materials$40.3 $40.3 Work-in-process0.3 0.4 Finished goods13.3 12.6 Total inventories$53.9 $53.3 

4. Property, Plant, and Equipment

Property, plant, and equipment are as follows for the periods presented:(dollar amounts in millions)Useful LifeJune 28, 2025December 28, 2024LandIndefinite$3.4 $3.4 Manufacturing machinery and equipment3-7 years58.2 50.6 Leasehold improvementsOver the shorter of the lease term or respective useful life13.9 12.9 Computer and software3 years16.5 16.3 Furniture and fixtures, and vehicles3-7 years6.0 5.9 Construction in progress—18.1 12.8 Total property, plant, and equipment$116.1 $101.9 Less: accumulated depreciation(51.0)(45.1)Property, plant, and equipment, net$65.1 $56.8 

Depreciation expense included in cost of revenues, was approximately $2.1 and $1.9 for the three month periods ended June 28, 2025 and June 29, 2024, respectively, and $4.1 and $3.8 for the six month periods ended June 28, 2025 and June 29, 2024, respectively. Depreciation expense included in operating expenses was $0.9 and $1.1 for the three month periods ended June 28, 2025 and June 29, 2024, respectively, and $1.8 and $2.1 for the six month periods ended June 28, 2025 and June 29, 2024, respectively. 

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

5. Leases

We primarily lease certain office and manufacturing facilities, as well as vehicles, copiers, and other equipment. These leases generally have an original lease term