Janus International Group Inc
For the period ended Dec 30, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Part I
Janus International Group, Inc.
Consolidated Statements of Changes in Stockholders’ Equity
(dollar amounts in millions, except share data)
| Class APreferred Units(1,000,000 shares authorized par value of .0001) · Common Stock · Treasury Stock · Additional paid-in capital · Accumulated Other Comprehensive Loss · Retained Earnings(Accumulated deficit) · Total | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount | ||||||||||||||
| Balance as of December 26, 2020 | — | $— | 66,145,633 | $— | — | $— | $189.3 | $(0.2) | $(48.2) | $140.9 | ||||
| Vesting of Midco LLC class B units | — | — | 4,124,767 | — | — | 5.3 | — | — | 5.3 | |||||
| Issuance of PIPE Shares | — | — | 25,000,000 | — | — | — | 250.0 | — | — | 250.0 | ||||
| Issuance of common stock upon merger, net of transaction costs, earn out, and merger warrant liability | — | — | 41,113,850 | — | — | — | 226.9 | — | — | 226.9 | ||||
| Issuance of earn out shares to common stockholders | — | — | 2,000,000 | — | — | — | 26.5 | — | — | 26.5 | ||||
| Distributions to Janus Midco, LLC unitholders | — | — | — | — | — | — | (541.7) | — | — | (541.7) | ||||
| Distributions to Class A preferred units | — | — | — | — | — | — | — | — | (4.2) | (4.2) | ||||
| Deferred tax asset | — | — | — | — | — | — | 78.2 | — | — | 78.2 | ||||
| Warrant redemption | — | — | 8,177,467 | — | — | — | 43.2 | — | — | 43.2 | ||||
| Share-based compensation | — | — | — | — | — | — | 0.1 | — | — | 0.1 | ||||
| Foreign currency translation adjustment | — | — | — | — | — | — | — | (0.7) | — | (0.7) | ||||
| Net income | — | — | — | — | — | — | — | — | 43.8 | 43.8 | ||||
| Balance as of January 1, 2022 | — | $— | 146,561,717 | $— | — | $— | $277.8 | $(0.9) | $(8.6) | $268.3 | ||||
| Issuance of restricted units | — | — | 142,177 | — | — | — | — | — | — | — | ||||
| Share-based compensation | — | — | — | — | — | — | 4.1 | — | — | 4.1 | ||||
| Cumulative effect of change in accounting principle (a) | — | — | — | — | — | — | — | — | (0.9) | (0.9) | ||||
| Foreign currency translation adjustment | — | — | — | — | — | — | — | (3.9) | — | (3.9) | ||||
| Net income | — | — | — | — | — | — | — | — | 107.7 | 107.7 | ||||
| Balance as of December 31, 2022 | — | $— | 146,703,894 | $— | — | $— | $281.9 | $(4.8) | $98.2 | $375.3 | ||||
| Issuance of restricted units | — | — | 191,892 | — | — | — | — | — | — | — | ||||
| Shares withheld for taxes upon vesting of restricted units | — | — | (34,297) | — | 34,297 | (0.4) | — | — | — | (0.4) | ||||
| Share-based compensation | — | — | — | — | — | — | 7.1 | — | — | 7.1 | ||||
| Foreign currency translation adjustment | — | — | — | — | — | — | — | 1.9 | — | 1.9 | ||||
| Net income | — | — | — | — | — | — | — | — | 135.7 | 135.7 | ||||
| Balance as of December 30, 2023 | — | $— | 146,861,489 | $— | 34,297 | $(0.4) | $289.0 | $(2.9) | $233.9 | $519.6 | ||||
(a) Effective January 2, 2022, the Company adopted the provisions of Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (Topic 326) and ASU 2016-02, Leases (Topic 842).
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.