Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 29

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 29
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Basic net income per share attributable to common stockholders$0.11 $0.08 $0.33 $0.48 Diluted net income per share attributable to common stockholders$0.11 $0.08 $0.33 $0.48 

16. 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 September 27, 2025, there is $80.5 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:Three Months EndedNine Months Ended(amounts in millions, except per share data)September 27, 2025September 28, 2024September 27, 2025September 28, 2024Number of shares repurchased81,9274,265,3631,925,2426,038,919Share repurchase cost (including excise taxes)$0.8 $45.5 $16.0 $70.9 

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

17. Segments InformationWe operate and report our results through two geographic-based reportable segments: Janus North America and Janus International, in accordance with ASC Topic 280, “Segment Reporting”. •The Janus North America segment is comprised of the following entities: Janus Core, BETCO, NOKE, ASTA, ACT, U.S. Door, Janus Door, Steel Door Depot, Janus Canada, and Terminal Door.•The Janus International reportable segment is comprised of Janus Europe Holdings and its subsidiaries with its production and sales located primarily in U.K., Australia, Poland, and France. This segment structure reflects how the Company’s Chief