Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

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Revenue Recognition (Tables)
3 Months Ended
Mar. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Balances
Contract balances as of March 30, 2024 were as follows:

Revenues in excess of billings at December 30, 2023
$ 17.8 
Unbilled receivables at December 30, 2023
31.9 
Contract assets at December 30, 2023
$ 49.7 
Revenues in excess of billings at March 30, 2024
$ 24.1 
Unbilled receivables at March 30, 2024
11.3 
Contract assets at March 30, 2024
$ 35.4 
Contract liabilities at December 30, 2023
$ 26.7 
Contract liabilities at March 30, 2024
$ 29.7 
Schedule of Disaggregation of Revenue
The principal categories we use to disaggregate revenues are by timing and sales channel of revenue recognition. The following disaggregation of revenues depict the Company’s reportable segment revenues by timing and sales channel of revenue recognition for the three month periods ended March 30, 2024 and April 1, 2023:
Revenue by Timing of Revenue Recognition
Three Months Ended
Reportable Segments by Timing of Revenue Recognition
March 30, 2024 April 1, 2023
Janus North America
Product revenues transferred at a point in time(1)
$ 174.2  $ 169.6 
Product revenues transferred over time(1)
32.7  32.9 
Service revenues transferred over time(1)
33.6  28.0 

$ 240.5  $ 230.5 
Janus International
Product revenues transferred at a point in time $ 8.9  $ 13.1 
Service revenues transferred over time 5.8  8.5 
$ 14.7  $ 21.6 
Eliminations $ (0.7) $ (0.2)
Total Revenue
$ 254.5  $ 251.9 
(1) These numbers have been revised for the three month period ended April 1, 2023. See Note 2 to our Unaudited Condensed Consolidated Financial Statements for additional information.

Revenue by Sales Channel
Three Months Ended
Reportable Segments by Sales Channel Revenue Recognition
March 30, 2024 April 1, 2023
Janus North America
Self Storage-New Construction $ 104.2  $ 64.6 
Self Storage-R3 68.3  82.4 
Commercial and Others 68.0  83.5 

$ 240.5  $ 230.5 
Janus International
Self Storage-New Construction $ 12.4  $ 18.6 
Self Storage-R3 2.3  3.0 
$ 14.7  $ 21.6 
Eliminations $ (0.7) $ (0.2)
Total Revenue
$ 254.5  $ 251.9