Company: THS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320695-25-000007
Chunk: 15

Company: TreeHouse Foods, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 15
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3 169.0 Current portion of long-term debt1.1 0.4 Total current liabilities744.9 704.3 Long-term debt1,401.3 1,396.0 Operating lease liabilities125.4 165.0 Deferred income taxes105.8 111.4 Other long-term liabilities53.7 65.1 Total liabilities2,431.1 2,441.8 Commitments and contingencies (Note 19)Stockholders’ equity:  Preferred stock, par value $0.01 per share, 10.0 shares authorized, none issued— — Common stock, par value $0.01 per share, 90.0 shares authorized, 50.2 and 54.1 shares outstanding as of December 31, 2024 and 2023, respectively0.6 0.6 Treasury stock(385.4)(234.2)Additional paid-in capital2,238.4 2,223.4 Accumulated deficit(222.0)(248.9)Accumulated other comprehensive loss(82.7)(76.1)Total stockholders’ equity1,548.9 1,664.8 Total liabilities and stockholders’ equity$3,980.0 $4,106.6 

See Notes to Consolidated Financial Statements.

48

TREEHOUSE FOODS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except per share data)

 Year Ended December 31, 202420232022Net sales$3,354.0 $3,431.6 $3,297.1 Cost of sales2,805.6 2,855.5 2,774.7 Gross profit548.4 576.1 522.4 Operating expenses:Selling and distribution153.3 171.6 217.8 General and administrative198.0 204.1 206.5 Amortization expense48.6 48.2 47.9 Asset impairment19.3 — — Other operating expense, net26.1 5.3 62.8 Total operating expenses445.3 429.2 535.0 Operating income (loss)103.1 146.9 (12.6)Other expense (income):Interest expense63.4 74.8