Company: THS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001320695-25-000107
Chunk: 49

Company: TreeHouse Foods, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 30, 2025, and utilized the discounted cash flow method under the income approach to estimate the fair value of the Company, which was corroborated by the Guideline Public Company Methodology market approach. The income approach utilizes projected cash flow estimates developed by the Company to determine fair value, which are unobservable, Level 3 inputs. Unobservable inputs are used to measure fair value to the extent relevant observable inputs are not available. The Company developed our estimates using the best information available at the time. As a result of the impairment test, we recognized a non-cash goodwill impairment loss of $289.7 million.Accumulated goodwill impairment losses were $289.7 million as of September 30, 2025.Intangible AssetsThe gross carrying amounts and accumulated amortization of intangible assets as of September 30, 2025 and December 31, 2024 are as follows: September 30, 2025December 31, 2024GrossCarryingAmountAccumulatedAmortizationNetCarryingAmountGrossCarryingAmountAccumulatedAmortizationNetCarryingAmount (In millions)Intangible assets with finite lives:      Customer-related$612.2 $(424.3)$187.9 $546.0 $(395.6)$150.4 Trademarks31.3 (18.0)13.3 19.2 (17.0)2.2 Formulas/recipes15.4 (15.2)0.2 15.4 (15.0)0.4 Computer software190.6 (143.7)46.9 212.6 (158.7)53.9 Total finite lived intangibles849.5 (601.2)248.3 793.2 (586.3)206.9 Intangible assets with indefinite lives:Trademarks6.0 — 6.0 6.0 — 6.0 Total intangible assets$855.5 $(601.2)$254.3 $799.2 $(586.3)$212.9 

17

TREEHOUSE FOODS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

9. INCOME TAXES  Income taxes were recognized at effective rates of 0.6% and 5.1% for the three and