Quarterly report pursuant to Section 13 or 15(d)

Acquired Intangible Assets and Goodwill (Tables)

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Acquired Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets The carrying amount and accumulated amortization of recognized intangible assets at March 30, 2024 and December 30, 2023, are as follows:
Useful Life March 30, 2024 December 30, 2023
Gross Carrying Amount Accumulated Amortization Net Amount Gross Carrying Amount Accumulated Amortization Net Amount
Customer relationships
10-15 years
$ 408.8  $ 161.0  $ 247.8  $ 409.0  $ 154.1  $ 254.9 
Tradenames and trademarks
Indefinite 107.4  —  107.4  107.5  —  107.5 
Software development
10-15 years
20.3  7.9  12.4  20.3  7.5  12.8 
Noncompete agreements
3-8 years
0.3  0.2  0.1  0.3  0.2  0.1 
$ 536.8  $ 169.1  $ 367.7  $ 537.1  $ 161.8  $ 375.3 
Schedule of Finite-Lived Intangible Assets The carrying amount and accumulated amortization of recognized intangible assets at March 30, 2024 and December 30, 2023, are as follows:
Useful Life March 30, 2024 December 30, 2023
Gross Carrying Amount Accumulated Amortization Net Amount Gross Carrying Amount Accumulated Amortization Net Amount
Customer relationships
10-15 years
$ 408.8  $ 161.0  $ 247.8  $ 409.0  $ 154.1  $ 254.9 
Tradenames and trademarks
Indefinite 107.4  —  107.4  107.5  —  107.5 
Software development
10-15 years
20.3  7.9  12.4  20.3  7.5  12.8 
Noncompete agreements
3-8 years
0.3  0.2  0.1  0.3  0.2  0.1 
$ 536.8  $ 169.1  $ 367.7  $ 537.1  $ 161.8  $ 375.3 
Schedule of Goodwill
The changes in the carrying amounts of goodwill for the period ended March 30, 2024 were as follows:
Janus North America Janus International Consolidated
Balance as of December 30, 2023 $ 357.0  $ 11.6  $ 368.6 
Foreign Currency Translation Adjustment —  (0.2) (0.2)
Balance as of March 30, 2024 $ 357.0  $ 11.4  $ 368.4