ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS |
6 Months Ended |
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Jun. 30, 2026 | |
| Discontinued Operations and Disposal Groups [Abstract] | |
| ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS | ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS Discontinued Operations Following completion of the Transaction, Primo Water's Remaining International Businesses were presented as discontinued operations on the Condensed Consolidated Financial Statements. During the year ended December 31, 2025, the Company completed the sales of the Remaining International Businesses and no longer has operations outside of North America. For the periods presented, there were no assets or liabilities remaining related to discontinued operations. Continuing Operations Assets Held for Sale During the year ended December 31, 2025, the Company's management approved the sale of production facilities as a result of integration efforts. During the three and six months ended June 30, 2026, the Company completed the sale of certain of these production facilities, generating gross proceeds of $16.8 million and $33.3 million, respectively. Cash proceeds from these transactions are included within Net cash used in investing activities of continuing operations in the Condensed Consolidated Statement of Cash Flows. As a result, the Company recognized a net gain of $5.9 million and $12.1 million for the three and six months ended June 30, 2026, respectively, presented primarily within Acquisition, integration and restructuring expenses, in the Condensed Consolidated Statement of Operations. As of June 30, 2026, the Company had $32.6 million remaining in assets held for sale which primarily related to the facility closures and were classified in Current assets held for sale in the Condensed Consolidated Balance Sheets.
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