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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 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
March 31,
20252024
(In millions)
Compensation expense related to stock-based payments$5.6 $5.7 
Related income tax benefit1.3 1.4 
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(12)88.15 
Outstanding, at March 31, 2025461 60.79 4.7— 
Vested/expected to vest, at March 31, 2025175 42.69 7.1— 
Exercisable, at March 31, 2025294 72.40 3.2— 
Schedule of Restricted Stock Unit Activity
The following table summarizes the restricted stock unit activity during the three months ended March 31, 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 
Granted562 31.17 — — 
Vested(300)37.96 — — 
Forfeited(5)37.70 — — 
Nonvested, at March 31, 2025953 34.58 62 41.73 
Earned and deferred, at March 31, 202528 48.62 
Schedule of Highlight of Restricted Stock Unit Activity
 Three Months Ended
March 31,
 20252024
 (In millions)
Fair value of vested restricted stock units$8.3 $8.8 
Tax benefit recognized from vested restricted stock units1.4 1.4 
Schedule of Assumptions Used in the Monte Carlo Simulation The assumptions used in the Monte Carlo simulation were as follows:
Three Months Ended
March 31,
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 three months ended March 31, 2025:
Performance
Units
Weighted
Average
Grant Date
Fair Value
 (In thousands) 
Nonvested, at December 31, 2024378 $36.44 
Granted242 31.81 
Vested(92)33.14 
Forfeited(63)33.28 
Nonvested, at March 31, 2025465 35.06 
Schedule of Highlight of Performance Unit Activity
 Three Months Ended
March 31,
 20252024
 (In millions)
Fair value of vested performance units$2.4 $1.7 
Tax benefit recognized from performance units vested0.1 0.1