Janus International Group Inc
For the period ended Sep 28, 2024. Filed Nov 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2024 · Filed Nov 1, 2024
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2024-06-29; filed 2024-08-07.
0001839839-24-000186
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults upon Senior SecuritiesMine Safety DisclosuresCurrent report: 10-Q
Period ended 2024-09-28; filed 2024-11-01.
0001839839-24-000212
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults upon Senior SecuritiesMine Safety DisclosuresThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 11 previous paragraphs and 12 current paragraphs.
8 unchanged; 3 reworded; 1 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (1)
Current report
The Inflation Reduction Act of 2022 imposes a 1% excise tax on share repurchases in excess of issuances, which is effective for Janus for repurchases completed after December 31, 2022. We reflect the excise tax within equity as part of the repurchase of the common stock.
Reworded paragraphs (3)
Previous wording
The following table sets forth repurchases of our common stock during the six month period ended June 29, 2024:
Current wording
The following table sets forth repurchases of our common stock during the nine month period ended September 28, 2024:
Previous wording
(1)On February 28, 2024, the Company announced that the Board of Directors authorized a share repurchase program, pursuant to which the Company is authorized to purchase up to $100.0 million of its common stock. The repurchase authorization does not have an expiration date and may be terminated by the Company’s Board of Directors at any time. There were 753,667 and 1,773,556 shares repurchased as part of our publicly announced share repurchase program during the three and six month periods ended June 29, 2024.
Current wording
(1)On February 28, 2024, the Company announced that the Board of Directors authorized a share repurchase program, pursuant to which the Company is authorized to purchase up to $100.0 million of its common stock. The repurchase authorization does not have an expiration date and may be terminated by the Company’s Board of Directors at any time. There were 4,265,363 and 6,038,919 shares repurchased as part of our publicly announced share repurchase program during the three and nine month periods ended September 28, 2024 respectively.
Previous wording
(2)The share price paid per share is exclusive of $0.1 and $0.3 for the three and six month periods ended June 29, 2024, of commission and excise taxes associated with the share repurchase transactions.
Current wording
(2)The share price paid per share is exclusive of $0.5 and $0.8 for the three and nine month periods ended September 28, 2024, respectively, of commission and excise taxes associated with the share repurchase transactions.