Annual report pursuant to Section 13 and 15(d)

Revenue Recognition (Tables)

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Revenue Recognition (Tables)
 12 Months Ended
Dec. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Balances
Contract balances as of December 30, 2023 and December 31, 2022 were as follows:
(in millions)
Costs in excess of billings at January 1, 2022
 $ 13.7 
Unbilled receivables at January 1, 2022
 9.5 
Contract assets at January 1, 2022
 $ 23.1 
Costs in excess of billings at December 31, 2022
 $ 22.3 
Unbilled receivables at December 31, 2022
 17.0 
Contract assets at December 31, 2022
 $ 39.3 
Costs in excess of billings at December 30, 2023
 $ 17.8 
Unbilled receivables at December 30, 2023
 31.9 
Contract assets at December 30, 2023
 $ 49.7 
Contract liabilities, January 1, 2022
 $ 23.2 
Contract liabilities, December 31, 2022
 $ 21.4 
Contract liabilities, December 30, 2023
 $ 26.7 
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 years ended December 30, 2023 and December 31, 2022 and January 1, 2022:
Revenue by Timing of Revenue Recognition
(in millions) Year Ended
Reportable Segments by Timing of Revenue Recognition
 December 30, 2023 December 31, 2022 January 1, 2022
Janus North America
Product revenues transferred at a point in time(1)
$ 784.0  $ 795.0  $ 544.9 
Product revenues transferred over time(1)
122.4  102.8  86.8 
Service revenues transferred over time(1)
122.0  96.5  83.2 

$ 1,028.4  $ 994.3  $ 714.9 
Janus International
Product revenues transferred at a point in time
 $ 46.3  $ 43.4  $ 38.5 
Service revenues transferred over time
 36.0  32.1  30.1 
$ 82.3  $ 75.5  $ 68.6 
Eliminations $ (44.3) $ (50.3) $ (33.4)
Total Revenue
 $ 1,066.4  $ 1,019.5  $ 750.1 
(1) These numbers have been revised for the year ended December 31, 2022 and January 1, 2022. See Note 2, Summary of Significant Accounting Policies, for additional information.
Revenue by Sales Channel Revenue Recognition
(in millions) Year Ended
Reportable Segments by Revenues Channel Revenue Recognition
 December 30, 2023 December 31, 2022 January 1, 2022
Janus North America
Self Storage-New Construction $ 336.5  $ 289.4  $ 246.7 
Self Storage-R3 326.9  304.1  210.2 
Commercial and Others 365.0  400.8  258.0 

$ 1,028.4  $ 994.3  $ 714.9 
Janus International
Self Storage-New Construction $ 73.2  $ 57.2  $ 51.7 
Self Storage-R3 9.1  18.3  16.9 
$ 82.3  $ 75.5  $ 68.6 
Eliminations $ (44.3) $ (50.3) $ (33.4)
Total Revenues
 $ 1,066.4  $ 1,019.5  $ 750.1