Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 61

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 61
---
8)(0.3)(2.8)(1.4)Consolidated total revenues$219.3 $230.1 $657.9 $733.0 

Cost of revenues

Three Months EndedNine Months Ended(dollar amounts in millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024North America Segment revenues before eliminations$113.5 $123.4 $341.8 $383.6 International Segment revenues before eliminations20.9 15.8 58.1 40.2 Intersegment Eliminations(0.8)(0.3)(2.8)(1.4)Consolidated total cost of revenues$133.6 $138.9 $397.1 $422.4 

Liquidity and Capital Resources

We assess our liquidity in terms of our ability to generate cash to fund our operating, investing, and financing activities. In doing so, we review and analyze our current cash on hand, borrowing capacity, days sales outstanding, inventory turns, days payable outstanding, capital expenditure forecasts, interest and principal payments on debt, and income tax payments.

Our primary sources of liquidity include cash balances on hand, cash flows from operations, debt offerings, and borrowing availability under our existing credit facility. As market conditions warrant, we may, from time to time, repurchase our outstanding debt securities in the open market, in privately negotiated transactions, by tender offer, by exchange transaction, or otherwise. Such repurchases, if any, will depend on prevailing market conditions, our liquidity, and other factors and may be commenced or suspended at any time. At times, we may purchase transferable environmental tax credits that can be used to offset our current year or a prior year income tax liability. We believe our operating cash flows, along with funds available under the line of credit, provide sufficient liquidity to support our short and long-term liquidity and financing needs, which are working capital requirements, capital expenditures, service of indebtedness, and acquisitions.

Financial Policy

Our financial policy seeks to: (i) maintain appropriate leverage by using free cash flows to repay outstanding borrowing, including certain strategic capital investments, (ii) selectively invest in organic and inorganic growth to enhance our portfolio, and (iii) deploy capital through repurchases of common stock. 

Liquidity Policy

We maintain a strong focus on liquidity and define our liquidity risk tolerance based on