Quarterly report [Sections 13 or 15(d)]

Acquired Intangible Assets and Goodwill (Tables)

v3.25.1
Acquired Intangible Assets and Goodwill (Tables)
 3 Months Ended
Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets The carrying amount and accumulated amortization of recognized intangible assets at March 29, 2025 and December 28, 2024, are as follows:
March 29, 2025 December 28, 2024
(dollar amounts in millions)
Original Useful Life (years)
Remaining Weighted Average
Amortization period (years)
 Gross Carrying Amount Accumulated Amortization Accumulated Impairment Net Amount Gross Carrying Amount Accumulated Amortization Accumulated Impairment Net Amount
Customer relationships
10-15
 8.4 $ 446.8  $ 191.4  $ —  $ 255.4  $ 446.8  $ 184.0  $ —  $ 262.8 
Tradenames and trademarks
 Indefinite
Indefinite
 107.6  —  12.0  95.6  107.5  —  12.0  95.5 
Tradenames and trademarks
 5 4.1 1.7  0.3  —  1.4  1.7  0.2  —  1.5 
Software development
10-15
 7.9 20.3  9.3  —  11.0  20.3  9.0  —  11.3 
Noncompete agreements
3-8
3.9 3.0  0.7  —  2.3  3.0  0.6  —  2.4 
Total
 $ 579.4  $ 201.7  $ 12.0  $ 365.7  $ 579.3  $ 193.8  $ 12.0  $ 373.5 
Schedule of Indefinite-Lived Intangible Assets The carrying amount and accumulated amortization of recognized intangible assets at March 29, 2025 and December 28, 2024, are as follows:
March 29, 2025 December 28, 2024
(dollar amounts in millions)
Original Useful Life (years)
Remaining Weighted Average
Amortization period (years)
 Gross Carrying Amount Accumulated Amortization Accumulated Impairment Net Amount Gross Carrying Amount Accumulated Amortization Accumulated Impairment Net Amount
Customer relationships
10-15
 8.4 $ 446.8  $ 191.4  $ —  $ 255.4  $ 446.8  $ 184.0  $ —  $ 262.8 
Tradenames and trademarks
 Indefinite
Indefinite
 107.6  —  12.0  95.6  107.5  —  12.0  95.5 
Tradenames and trademarks
 5 4.1 1.7  0.3  —  1.4  1.7  0.2  —  1.5 
Software development
10-15
 7.9 20.3  9.3  —  11.0  20.3  9.0  —  11.3 
Noncompete agreements
3-8
3.9 3.0  0.7  —  2.3  3.0  0.6  —  2.4 
Total
 $ 579.4  $ 201.7  $ 12.0  $ 365.7  $ 579.3  $ 193.8  $ 12.0  $ 373.5 
Schedule of Goodwill
The changes in the carrying amounts of goodwill for the period ended March 29, 2025 were as follows:
(dollar amounts in millions)
 Janus North America Janus International Consolidated
Balance as of December 28, 2024 $ 371.8  $ 11.3  $ 383.1 
 Foreign currency translation adjustment
 —  0.3  0.3 
Balance as of March 29, 2025 $ 371.8  $ 11.6  $ 383.4