Quarterly report pursuant to Section 13 or 15(d)

Segments Information

v3.22.1
Segments Information
6 Months Ended
Jun. 26, 2021
Segment Reporting [Abstract]  
Segments Information Segments Information
The Company operates its business and reports its results through two reportable segments: Janus North America and Janus International, in accordance with ASC Topic 280, Segment Reporting. The Janus International segment is comprised of JIE with its production and sales located largely in Europe. The Janus North America segment is comprised of all the other entities including Janus Core, BETCO, NOKE, ASTA, Janus Door and Steel Door Depot.

Summarized financial information for the Company’s segments is shown in the following tables:
Three Months Ended Six Months Ended
June 26, June 27, June 26, June 27,
2021 2020 2021 2020
(Restated) (Restated)
Revenue
Janus North America $ 164,245,248  $ 118,918,588  $ 310,779,664  $ 247,349,751 
Janus International 18,345,107  7,255,029  30,904,958  19,544,293 
Intersegment (8,407,966) (3,943,994) (14,677,965) (6,850,626)
Consolidated Revenue $ 174,182,389  $ 122,229,623  $ 327,006,657  $ 260,043,418 
Income From Operations
Janus North America $ 16,581,240  $ 20,206,505  $ 40,496,548  $ 39,646,405 
Janus International (5,389,141) (88,387) (5,082,470) 617,920 
Eliminations (2,149) 12,862  24,735  54,731 
Total Segment Operating Income $ 11,189,950  $ 20,130,980  $ 35,438,813  $ 40,319,056 
Depreciation Expense
Janus North America $ 1,400,320  $ 1,332,135  $ 2,766,910  $ 2,631,321 
Janus International 106,017  70,644  212,426  201,380 
Consolidated Depreciation Expense $ 1,506,337  $ 1,402,779  $ 2,979,336  $ 2,832,701 
Amortization of Intangible Assets
Janus North America $ 6,402,457  $ 4,948,830  $ 12,816,108  $ 12,829,147 
Janus International 388,355  271,269  806,849  566,620 
Consolidated Amortization Expense $ 6,790,812  $ 5,220,099  $ 13,622,957  $ 13,395,767 
June 26, December 26
2021 2020
Identifiable Assets
Janus North America $ 874,872,427  $ 820,259,539 
Janus International 55,805,561  53,219,206 
Consolidated Assets $ 930,677,988  $ 873,478,745