v3.25.2
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Compensation Expense
Total compensation expense related to stock-based payments and the related income tax benefit recognized in Net loss are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
(In millions)(In millions)
Compensation expense related to stock-based payments$4.8 $5.3 $10.4 $11.0 
Related income tax benefit1.1 1.2 2.4 2.6 
Schedule of Stock Option Activity
The following table summarizes stock option activity during 2025:
Employee
Options
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term (yrs.)
Aggregate
Intrinsic
Value
(In thousands)(In millions)
Outstanding, at December 31, 2024473 $61.46 4.7$— 
Expired(60)78.57 
Outstanding, at June 30, 2025413 58.97 5.0— 
Exercisable, at June 30, 2025413 58.97 5.0— 
Schedule of Restricted Stock Unit Activity
The following table summarizes the restricted stock unit activity during the six months ended June 30, 2025:
 
Employee
Restricted
Stock Units
Weighted
Average
Grant Date
Fair Value
Non-Employee Director
Restricted
Stock Units
Weighted
Average
Grant Date
Fair Value
 (In thousands) (In thousands) 
Nonvested, at December 31, 2024696 $38.82 62 $41.73 
Granted565 31.12 54 22.29 
Vested(308)38.04 (24)35.90 
Forfeited(162)35.27 — — 
Nonvested, at June 30, 2025791 34.35 92 31.84 
Earned and deferred, at June 30, 202538 45.41 
Schedule of Highlight of Restricted Stock Unit Activity
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
 (In millions)(In millions)
Fair value of vested restricted stock units$0.7 $1.0 $9.0 $9.8 
Tax benefit recognized from vested restricted stock units0.1 0.2 1.5 1.6 
Schedule of Assumptions Used in the Monte Carlo Simulation The assumptions used in the Monte Carlo simulation were as follows:
Six Months Ended
June 30,
2025
Dividend yield%
Risk-free rate4.01 %
Expected volatility (TreeHouse Foods, Inc.)33.68 %
Expected volatility (Peer Group)36.45 %
Expected term (in years)2.84
Schedule of Performance Unit Activity
The following table summarizes the performance unit activity during the six months ended June 30, 2025:
Performance
Units
Weighted
Average
Grant Date
Fair Value
 (In thousands) 
Nonvested, at December 31, 2024378 $38.04 
Granted246 31.68 
Vested(92)33.14 
Forfeited(95)33.34 
Nonvested, at June 30, 2025437 35.07 
Schedule of Highlight of Performance Unit Activity
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
 (In millions)(In millions)
Fair value of vested performance units$— $0.1 $2.4 $1.8 
Tax benefit recognized from performance units vested— — 0.1 0.1