Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 17

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 17
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 from December 29, 2024 through May 17, 2025, Terminal Door contributed revenues of $7.3 and net income of $0.8, respectively. For the three month period ended September 28, 2024, Terminal Door contributed revenues of $13.7 and net income of $2.4. For the period from May 17, 2024 through September 28, 2024, Terminal Door contributed revenues of $17.7 and net income of $2.9.

7. Acquired Intangible Assets and GoodwillIntangible assets acquired in a business combination are recognized at fair value and amortized over their estimated useful lives. The carrying amount and accumulated amortization of recognized intangible assets are as follows for the periods presented:September 27, 2025December 28, 2024(dollar amounts in millions)Original Useful Life (years)Remaining Weighted-Average Amortization period (years)Gross Carrying AmountAccumulated AmortizationAccumulated ImpairmentNet AmountGross Carrying AmountAccumulated AmortizationAccumulated ImpairmentNet AmountCustomer relationships5-157.9$447.8 $207.0 $— $240.8 $446.8 $184.0 $— $262.8 Tradenames and trademarksIndefiniteIndefinite107.8 — 12.0 95.8 107.5 — 12.0 95.5 Tradenames and trademarks53.61.7 0.5 — 1.2 1.7 0.2 — 1.5 Software development10-157.420.3 10.1 — 10.2 20.3 9.0 — 11.3 Non-compete agreements3-83.43.0 1.0 — 2.0 3.0 0.6 — 2.4 Total intangible assets$580.6 $218.6 $12.0 $350.0 $579.3 $193.8 $12.0 $373.5 

Changes in the gross carrying amount of recognized intangible assets are due to translation adjustments include a gain of $0.9 and a loss of $0.3 for the periods ended September 27, 2025 and December