Company: THS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320695-25-000007
Chunk: 91

Company: TreeHouse Foods, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 91
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 programs & other(2)— — — (46.1)46.1 — — 46.1 Acquisition, integration, divestiture, and related costs(4)— (0.8)0.8 (15.9)16.7 — — 16.7 Foreign currency gain on remeasurement of intercompany notes(5)— — — — — 1.7 — (1.7)Mark-to-market adjustments(6)— — — — — (15.1)— 15.1 Shareholder activism(7)— — — (0.3)0.3 — — 0.3 Tax indemnification(8)— — — — — (0.2)— 0.2 Taxes on adjusting items— — — — — — 25.7 (25.7)As adjusted (Non-GAAP)$3,432.9 $2,826.8 $606.1 $366.9 $239.2 $49.9 $50.1 $139.2 As reported (% of net sales)16.8 %12.5 %4.3 %1.9 %0.7 %1.7 %As adjusted (% of adjusted net sales)17.7 %10.7 %7.0 %1.5 %1.5 %4.1 %Earnings per share from continuing operations:Diluted$1.05 Adjusted diluted$2.47 Weighted average common shares: Diluted for net income from continuing operations56.4Diluted for adjusted net income from continuing operations56.4

Free Cash Flow From Continuing Operations

In addition to measuring our cash flow generation and usage based upon the operating, investing, and financing classifications included in the Consolidated Statements of Cash Flows, we also measure free cash flow from continuing operations (a Non-GAAP measure) which represents net cash provided by operating activities from continuing operations less capital expenditures. We believe free cash flow is an important measure of operating performance because it provides management and investors a measure of cash generated from operations that is available for mandatory payment obligations and investment opportunities such as funding acquisitions, repaying debt, repurchasing public debt, and repurchasing our common