| Schedule of Contract Balances |
Contract balances as of April 1, 2023 were as follows:
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|
|
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|
April 1, 2023 |
Contract assets, beginning of the period |
$ |
39,251 |
|
Contract assets, end of the period |
40,992 |
|
Contract liabilities, beginning of the period |
21,445 |
|
Contract liabilities, end of the period |
$ |
18,311 |
|
|
| Schedule of Disaggregation of Revenue |
The principal categories we use to disaggregate revenues are by timing and sales channel of revenue recognition. The following disaggregation of revenues depict the Company’s reportable segment revenues by timing and sales channel of revenue recognition for the three months ended April 1, 2023 and April 2, 2022:
Revenue by Timing of Revenue Recognition
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Three Months Ended |
Reportable Segments by Timing of Revenue Recognition |
|
April 1, 2023 |
|
April 2, 2022 |
Janus North America |
|
|
|
|
| Goods transferred at a point in time |
|
$ |
204,439 |
|
|
$ |
200,157 |
|
| Services transferred over time |
|
33,775 |
|
|
25,099 |
|
|
|
$ |
238,214 |
|
|
$ |
225,256 |
|
Janus International |
|
|
|
|
| Goods transferred at a point in time |
|
$ |
13,106 |
|
|
$ |
10,798 |
|
| Services transferred over time |
|
8,466 |
|
|
7,116 |
|
|
|
$ |
21,572 |
|
|
$ |
17,914 |
|
| Eliminations |
|
$ |
(7,882) |
|
|
$ |
(13,650) |
|
Total Revenue |
|
$ |
251,904
|
|
|
$ |
229,520
|
|
Revenue by Sales Channel
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Three Months Ended |
Reportable Segments by Sales Channel Revenue Recognition |
April 1, 2023 |
|
April 2, 2022 |
Janus North America |
|
|
|
| Self Storage-New Construction |
$ |
68,243 |
|
|
$ |
75,709 |
|
| Self Storage-R3 |
82,253 |
|
|
61,572 |
|
| Commercial and Others |
87,718 |
|
|
87,975 |
|
|
$ |
238,214 |
|
|
$ |
225,256 |
|
Janus International |
|
|
|
| Self Storage-New Construction |
$ |
18,538 |
|
|
$ |
11,897 |
|
| Self Storage-R3 |
3,034 |
|
|
6,017 |
|
|
$ |
21,572 |
|
|
$ |
17,914 |
|
| Eliminations |
$ |
(7,882) |
|
|
$ |
(13,650) |
|
Total Revenue |
$ |
251,904
|
|
|
$ |
229,520
|
|
|