Post-effective amendment to a registration statement that is not immediately effective upon filing

Segments Information

v3.22.1
Segments Information
 3 Months Ended 12 Months Ended
Apr. 02, 2022
Jan. 01, 2022
Segment Reporting [Abstract]    
Segments Information
17. 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 JIEH with its production and sales located largely in Europe and Australia. 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
 
 
  
April 2,
 
 
March 27,
 
 
  
2022
 
 
2021
 
Revenue
  
      
 
      
Janus North America
    $ 225,256      $ 146,534  
Janus International
      17,914        12,560  
Intersegment
      (13,650 )       (6,270 ) 
    
 
 
     
 
 
  
Consolidated Revenue
    $ 229,520      $ 152,824  
    
 
 
     
 
 
  
Income From Operations
                  
Janus North America
    $ 34,855      $ 23,915  
Janus International
      249        307  
Eliminations
      11        27  
    
 
 
     
 
 
  
Total Segment Operating Income
    $ 35,115      $ 24,249  
    
 
 
     
 
 
  
Depreciation of Property and Equipment Expense
                  
Janus North America
    $ 1,673      $ 1,367  
Janus International
      184        106  
    
 
 
     
 
 
  
Consolidated Depreciation of Property and Equipment Expense
    $ 1,857      $ 1,473  
    
 
 
     
 
 
  
Amortization of Intangible Assets
                  
Janus North America
    $ 6,886      $ 6,414  
Janus International
      339        418  
    
 
 
     
 
 
  
Consolidated Amortization Expense
    $ 7,225      $ 6,832  
    
 
 
     
 
 
  
Capital Expenditures
                  
Janus North America
    $ 2,553      $ 1,419  
Janus International
      327        944  
    
 
 
     
 
 
  
Consolidated Capital Expenditures
    $ 2,880      $ 2,363  
    
 
 
     
 
 
  
Identifiable Assets
                  
Janus North America
    $ 1,134,286      $ 843,686  
Janus International
    $ 64,422      $ 55,060  
    
 
 
     
 
 
  
Consolidated Assets
    $ 1,198,708      $ 898,746  
    
 
 
     
 
 
  
20. Segments Information
The Company operates its business an
d
 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:

 
 
  
 
 
Year Ended
 
 
 
 
  
January 1,
 
 
December 26,
 
 
December 28,
 
 
  
2022
 
 
2020
 
 
2019
 
Revenue
  
      
 
      
 
      
Janus North America
    $ 714,944      $ 520,119  
 
$
532,769

Janus International
      68,579        45,490  
 
 
43,543
 
Intersegment
      (33,373 )       (16,636 ) 
 
 
(11,020
)
 
    
 
 
     
 
 
  
 
 
 
 
Consolidated Revenue
    $ 750,150      $ 548,973  
 
$
565,292
 
    
 
 
     
 
 
  
 
 
 
 
Income From Operations
                  
 
 
 
 
Janus North America
    $ 70,697      $ 91,665  
 
$
81,824
 
Janus International
      21,663        2,811  
 
 
5,013
 
Eliminations
      40        45  
 
 
(177
)
 
    
 
 
     
 
 
  
 
 
 
 
Total Segment Operating Income
    $ 92,400      $ 94,521  
 
$
86,660
 
    
 
 
     
 
 
  
 
 
 
 
Depreciation Expense
                  
 
 
 
 
Janus North America
    $ 5,977      $ 5,390  
 
$
4,533
 
Janus International
      472        594  
 
 
279
 
    
 
 
     
 
 
  
 
 
 
 
Consolidated Depreciation Expense
    $ 6,450      $ 5,985  
 
$
4,812
 
    
 
 
     
 
 
  
 
 
 
 
Amortization of Intangible Assets
                  
 
 
 
 
Janus North America
    $ 30,081      $ 25,661  
 
$
29,415
 
Janus International
      1,507        1,385  
 
 
1,097
 
    
 
 
     
 
 
  
 
 
 
 
Consolidated Amortization Expense
    $ 31,588      $ 27,046  
 
$
 
30,512
 
    
 
 
     
 
 
  
 
 
 
 
 
  
January 1,
 
  
December 26
 
 
  
2022
 
  
2020
 
Capital Expenditures
  
      
  
      
Janus North America
    $ 16,170      $ 6,002  
Janus International
      3,696        336  
    
 
 
     
 
 
  
Consolidated Capital Expenditures
    $ 19,866      $ 6,338  
    
 
 
     
 
 
  
Identifiable Assets
                  
Janus North America
    $ 1,063,563      $ 820,261  
Janus International
      58,439        53,219  
    
 
 
     
 
 
  
Consolidated Assets
    $ 1,122,002      $ 873,480