Janus International Group Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share

Net Income Per Share

9 Months Ended

Sep. 30, 2023

Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed based on the weighted average number of common shares outstanding plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. For the three and nine month periods ended September 30, 2023 and October 1, 2022, dilutive potential common shares include stock options and unvested restricted stock units. Dilutive EPS excludes all common shares if their effect is anti-dilutive.

The following table sets forth the computation of basic and diluted EPS attributable to common stockholders for the three and nine month periods ended September 30, 2023 and October 1, 2022 (in millions, except share and per share data):


	Three Months Ended				Nine Months Ended
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
Numerator:
Net income attributable to common stockholders	$	37.0	$	32.4	$	100.0	$	75.0
Denominator:
Weighted average number of shares:
Basic	146,827,175		146,639,452		146,765,567		146,592,296
Adjustment for dilutive securities	166,690		78,465		73,741		79,213
Diluted	146,993,865		146,717,917		146,839,308		146,671,509
Basic net income per share attributable to common stockholders	$	0.25	$	0.22	$	0.68	$	0.51
Diluted net income per share attributable to common stockholders	$	0.25	$	0.22	$	0.68	$	0.51