Quarterly report pursuant to Section 13 or 15(d)

Segments Information

v3.22.2.2
Segments Information
6 Months Ended
Jul. 02, 2022
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 Six Months Ended
July 2, June 26, July 2, June 26,
2022 2021 2022 2021
Revenue
Janus North America $ 241,462  $ 164,245  $ 466,719  $ 310,780 
Janus International 20,324  18,345  38,238  30,905 
Intersegment (14,072) (8,408) (27,723) (14,678)
Consolidated Revenue $ 247,714  $ 174,182  $ 477,234  $ 327,007 
Income From Operations
Janus North America $ 38,173  $ 16,581  $ 73,028  $ 40,497 
Janus International 1,702  (5,389) 1,949  (5,082)
Eliminations (26) (2) (15) 24 
Total Segment Operating Income $ 39,849  $ 11,190  $ 74,962  $ 35,439 
Depreciation Expense
Janus North America $ 1,791  $ 1,400  $ 3,464  $ 2,767 
Janus International 187  106  371  212 
Consolidated Depreciation Expense $ 1,978  $ 1,506  $ 3,835  $ 2,979 
Amortization of Intangible Assets
Janus North America $ 7,324  $ 6,402  $ 14,210  $ 12,816 
Janus International 322  389  661  807 
Consolidated Amortization Expense $ 7,646  $ 6,791  $ 14,871  $ 13,623 
Capital Expenditures
Janus North America $ 2,121  $ 1,234  $ 4,673  $ 2,654 
Janus International 267  395  595  1,339 
Consolidated Capital Expenditures $ 2,388  $ 1,629  $ 5,268  $ 3,993 
July 2, January 1
2022 2022
Identifiable Assets
Janus North America $ 1,146,618  $ 1,063,563 
Janus International 58,921  58,439 
Consolidated Assets $ 1,205,539  $ 1,122,002