Quarterly report pursuant to Section 13 or 15(d)

Segments Information

v3.22.1
Segments Information
9 Months Ended
Sep. 25, 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, DBCI, ACT, Janus Door and Steel Door Depot.
Summarized financial information for the Company’s segments is shown in the following tables:
Three Months Ended Nine Months Ended
September 25, September 26, September 25, September 26,
2021 2020 2021 2020
(Restated) (Restated)
Revenue
Janus North America $ 179,119,107  $ 132,497,623  $ 489,898,771  $ 379,847,374 
Janus International 17,824,334  12,620,668  48,729,292  32,164,961 
Intersegment (9,153,516) (4,779,233) (23,831,481) (11,629,860)
Consolidated Revenue $ 187,789,925  $ 140,339,058  $ 514,796,582  $ 400,382,475 
Income From Operations
Janus North America $ 24,381,786  $ 28,108,223  $ 64,878,335  $ 67,754,630 
Janus International 819,333  1,362,916  (4,263,137) 1,980,835 
Eliminations 24,061  35,837  48,796  90,566 
Total Segment Operating Income $ 25,225,180  $ 29,506,976  $ 60,663,994  $ 69,826,031 
Depreciation Expense
Janus North America $ 1,590,238  $ 1,329,258  $ 4,357,148  $ 3,960,580 
Janus International 108,380  108,690  320,806  310,069 
Consolidated Depreciation Expense $ 1,698,618  $ 1,437,948  $ 4,677,954  $ 4,270,649 
Amortization of Intangible Assets
Janus North America $ 7,876,571  $ 6,415,681  $ 20,692,679  $ 19,244,828 
Janus International 352,189  475,904  1,159,038  1,042,525 
Consolidated Amortization Expense $ 8,228,760  $ 6,891,585  $ 21,851,717  $ 20,287,353 
September 25, December 26
2021 2020
Identifiable Assets
Janus North America $ 1,074,290,055  $ 820,259,539 
Janus International 56,084,944  53,219,206 
Consolidated Assets $ 1,130,374,999  $ 873,478,745