Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 30

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 30
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 Executive Officer (“CEO”), who has been identified as the CODM, evaluates performance and allocates resources. Key business strategies, strategic objectives, and competitive decisions are determined at the geographical level (North America and International) rather than by product lines, functional divisions, or business units. The CEO primarily assesses segment performance and allocates resources, including personnel, property, and financial or capital resources, using gross profit and adjusted EBITDA. Budget-to-actual variances are reviewed monthly to assess performance and allocate resources. The accounting policies of the segments are the same as those described in the summary of significant accounting policies in the consolidated financial statements within the Company’s Annual Report on Form 10-K for the year ended December 28, 2024.Adjusted EBITDA is defined as net income excluding interest expense, income taxes, depreciation expense, amortization, and other non-operational, non-recurring items. We use adjusted EBITDA, a non-GAAP financial measure, to assess operating performance, develop future operating plans, and make strategic decisions related to operating expenses and resource allocation, among others.

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

The following table presents segment revenue, gross profit, and adjusted EBITDA for the periods presented:(dollar amounts in millions)Janus NorthAmericaJanusInternational IntersegmenteliminationsTotal Three months ended September 27, 2025Revenues$191.8 $28.3 $(0.8)$219.3 Cost of revenues113.5 20.9 (0.8)133.6 Gross profit $78.3 $7.4 $— $85.7 Other segment items (1)(37.4)(4.7)— (42.1)Adjusted EBITDA*$40.9 $2.7 $— $43.6 (dollar amounts in millions)Janus NorthAmericaJanusInternationalIntersegmenteliminationsTotalThree months ended September 28, 2024Revenues$209.1 $21.3 $(0.3)$230.1 Cost of revenues123.4 15.8 (0.3)138.9 Gross profit$85.7 $5.5 $— $91.2 Other segment items (1)(43.8)(4.3)— (48.1)Adjusted EBITDA*$