Annual report [Section 13 and 15(d), not S-K Item 405]

Segments Information (Tables)

v3.25.4
Segments Information (Tables)
 12 Months Ended
Jan. 03, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents segment revenue, gross profit, and adjusted EBITDA for the periods presented:

(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Year ended January 3, 2026
Revenues $ 783.6  $ 103.9  $ (3.3) $ 884.2 
Cost of revenues 466.7  77.8  (3.3) 541.2 
Gross profit $ 316.9  $ 26.1  $ —  $ 343.0 
Other segment items (1)
(160.3) (14.5) —  (174.8)
Adjusted EBITDA* $ 156.6  $ 11.6  $ —  $ 168.2 
(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Year ended December 28, 2024
Revenues $ 892.6  $ 73.6  $ (2.4) $ 963.8 
Cost of revenues 512.8  55.6  (2.4) 566.0 
Gross profit $ 379.8  $ 18.0  $ —  $ 397.8 
Other segment items (1)
(173.5) (15.8) —  (189.3)
Adjusted EBITDA* $ 206.3  $ 2.2  $ —  $ 208.5 
(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Year ended December 30, 2023
Revenues $ 985.7  $ 82.3  $ (1.6) $ 1,066.4 
Cost of revenues 560.2  58.1  (1.6) 616.7 
Gross profit $ 425.5  $ 24.2  $ —  $ 449.7 
Other segment items (1)
(149.7) (14.4) (164.1)
Adjusted EBITDA* $ 275.8  $ 9.8  $ —  $ 285.6 
(1)Other segment items included in Adjusted EBITDA primarily include selling and marketing expense and general and administrative expense.
* We use measures of performance that are not required by or presented in accordance with GAAP in the United States. Non-GAAP financial performance measures are used to supplement the financial information presented on a GAAP basis. These non-GAAP financial measures should not be considered in isolation or as a substitute for the relevant GAAP measures and should be read in conjunction with information presented on a GAAP basis.
The following table presents a reconciliation of reportable segment net income to adjusted EBITDA for the periods presented:

Year Ended
(dollar amounts in millions) January 3, 2026 December 28, 2024 December 30, 2023
Consolidated reconciliation
Net income $ 53.8  $ 70.4  $ 135.7 
Interest, net 36.8  49.6  60.0 
Income taxes 22.6  29.9  47.1 
Depreciation and amortization 46.1  44.0  39.1 
Restructuring & other Adjusted EBITDA adjustments 8.9  14.6  3.7 
Adjusted EBITDA* $ 168.2  $ 208.5  $ 285.6 
* We use measures of performance that are not required by or presented in accordance with GAAP in the United States. Non-GAAP financial performance measures are used to supplement the financial information presented on a GAAP basis. These non-GAAP financial measures should not be considered in isolation or as a substitute for the relevant GAAP measures and should be read in conjunction with information presented on a GAAP basis.

Segment information for the periods presented is as follows:

Year Ended
(dollar amounts in millions) January 3, 2026 December 28, 2024 December 30, 2023
Depreciation expense - cost of revenues
Janus North America $ 7.6  $ 6.9  $ 6.3 
Janus International 1.6  0.9  0.6 
Consolidated depreciation expense - cost of revenues $ 9.2  $ 7.8  $ 6.9 
Depreciation expense - operating expenses
Janus North America $ 3.4  $ 3.8  $ 2.0 
Janus International 0.3  0.4  0.4 
Consolidated depreciation expense - operating expenses $ 3.7  $ 4.2  $ 2.4 
Amortization of intangible assets
Janus North America $ 31.9  $ 30.5  $ 28.4 
Janus International 1.3  1.5  1.4 
Consolidated amortization expense $ 33.2  $ 32.0  $ 29.8 
Purchases of property, plant, and equipment
Janus North America $ 24.5  $ 17.2  $ 15.4 
Janus International 0.6  3.2  3.6 
Consolidated purchases of property, plant, and equipment $ 25.1  $ 20.4  $ 19.0 

(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Year ended January 3, 2026
Product revenues $ 633.6  $ 56.6  $ (3.3) $ 686.9 
Service revenues 150.0  47.3  —  $ 197.3 
Total revenues $ 783.6  $ 103.9  $ (3.3) $ 884.2 
Year ended December 28, 2024
Product revenues $ 738.6  $ 43.2  $ (2.4) $ 779.4 
Service revenues 154.0  30.4  —  $ 184.4 
Total revenues $ 892.6  $ 73.6  $ (2.4) $ 963.8 
Year ended December 30, 2023
Product revenues $ 865.1  $ 46.3  $ (1.6) $ 909.8 
Service revenues 120.6  36.0  $ 156.6 
Total revenues $ 985.7  $ 82.3  $ (1.6) $ 1,066.4 
Year Ended
(dollar amounts in millions)
 January 3, 2026 December 28, 2024 December 30, 2023
Revenues by country
United States $ 779.5  $ 885.6  $ 979.4 
Other 111.3  80.6  88.6 
Eliminations (6.6) (2.4) (1.6)
Total revenues $ 884.2  $ 963.8  $ 1,066.4 

Segment information as of the periods presented is as follows:

(dollar amounts in millions)
 January 3, 2026 December 28, 2024
Identifiable assets
Janus North America $ 1,231.7  $ 1,234.6 
Janus International 73.3  66.7 
Consolidated identifiable assets $ 1,305.0  $ 1,301.3 
Property, plant, and equipment, net
Janus North America $ 58.8  $ 49.0 
Janus International 7.4  7.8 
Consolidated property, plant, and equipment, net $ 66.2  $ 56.8 

(dollar amounts in millions)
 January 3, 2026 December 28, 2024
Long-lived assets(1)
United States $ 450.8  $ 459.9 
Other 29.7  30.1 
Total long-lived assets
$ 480.5  $ 490.0 
(1)Our long-lived assets consist primarily of intangible assets, net, right-of-use assets, net, and property, plant, and equipment, net.