TreeHouse Foods (THS) 10-Q 5 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	THS
Entity Registrant Name	TREEHOUSE FOODS, INC.
Entity Central Index Key	1,320,695
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		56,433,176

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 61,089	$ 34,919
Investments	9,229	8,388
Receivables, net	359,744	203,198
Inventories, net	978,508	584,115
Assets held for sale	2,674
Prepaid expenses and other current assets	50,385	16,583
Total current assets	1,461,629	847,203
Property, plant, and equipment, net	1,345,786	541,528
Goodwill	2,782,338	1,649,794
Intangible assets, net	1,218,853	646,655
Other assets, net	55,641	17,616
Total assets	6,864,247	3,702,796
Current liabilities:
Accounts payable and accrued expenses	521,011	260,580
Current portion of long-term debt	41,582	14,893
Total current liabilities	562,593	275,473
Long-term debt	2,942,336	1,221,741
Deferred income taxes	411,071	279,108
Other long-term liabilities	228,910	71,615
Total liabilities	$ 4,144,910	$ 1,847,937
Commitments and contingencies (Note 19)
Stockholders' equity:
Preferred stock, par value $0.01 per share, 10,000 shares authorized, none issued	$ 0	$ 0
Common stock, par value $0.01 per share, 90,000 shares authorized, 56,433 and 43,126 shares issued and outstanding, respectively	564	431
Additional paid-in capital	2,050,334	1,207,167
Retained earnings	757,383	760,729
Accumulated other comprehensive loss	(88,944)	(113,468)
Total stockholders' equity	2,719,337	1,854,859
Total liabilities and stockholders' equity	$ 6,864,247	$ 3,702,796

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	90,000,000	90,000,000
Common stock, shares issued	56,433,000	43,126,000
Common stock, shares outstanding	56,433,000	43,126,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net sales	$ 1,270,173	$ 783,145
Cost of sales	1,045,610	630,708
Gross profit	224,563	152,437
Operating expenses:
Selling and distribution	85,472	45,798
General and administrative	94,634	44,400
Amortization expense	23,836	15,328
Other operating expense, net	1,694	215
Total operating expenses	205,636	105,741
Operating (loss) income	18,927	46,696
Other expense (income):
Interest expense	25,668	11,692
Interest income	(2,819)	(1,769)
(Gain) loss on foreign currency exchange	(4,124)	11,386
Other expense (income), net	4,982	(414)
Total other expense	23,707	20,895
(Loss) income before income taxes	(4,780)	25,801
Income taxes	(1,434)	7,949
Net (loss) income	$ (3,346)	$ 17,852
Net (loss) earnings per common share:
Basic	$ (0.06)	$ 0.42
Diluted	$ (0.06)	$ 0.41
Weighted average common shares:
Basic	52,708	42,873
Diluted	52,708	43,639

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Net (loss) income		$ (3,346)	$ 17,852
Other comprehensive income (loss):
Foreign currency translation adjustments		24,266	(26,537)
Pension and postretirement reclassification adjustment	[1]	258	256
Other comprehensive (loss) income		24,524	(26,281)
Comprehensive income (loss)		$ 21,178	$ (8,429)
[1]	Net of tax of $159 and $158 for the three months ended March 31, 2016 and 2015, respectively.

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Pension and post-retirement reclassification adjustment, tax	$ 159	$ 158

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net (loss) income	$ (3,346)	$ 17,852
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	35,629	15,405
Amortization	23,836	15,328
Stock-based compensation	6,177	5,949
Excess tax benefits from stock-based compensation	(206)	(3,132)
Mark-to-market loss (gain) on derivative contracts	4,703	(417)
Mark-to-market loss (gain) on investments	11	(259)
Loss on disposition of assets	743	147
Deferred income taxes	(714)	(1,867)
(Gain) loss on foreign currency exchange	(4,124)	11,386
Other	(375)	(379)
Changes in operating assets and liabilities, net of effect of acquisitions:
Receivables	15,508	11,746
Inventories	46,764	29,164
Prepaid expenses and other assets	(16,442)	1,744
Accounts payable, accrued expenses and other liabilities	2,556	(21,065)
Net cash provided by operating activities	110,720	81,602
Cash flows from investing activities:
Additions to property, plant, and equipment	(24,898)	(21,235)
Additions to intangible assets	(1,995)	(3,841)
Acquisitions, less cash acquired	(2,640,201)
Proceeds from sale of fixed assets	59	121
Purchase of investments	(262)	(103)
Other	(11)
Net cash (used in) provided by investing activities	(2,667,308)	(25,058)
Cash flows from financing activities:
Borrowings under Revolving Credit Facility	106,000	20,000
Payments under Revolving Credit Facility	(124,000)	(78,000)
Proceeds from issuance of Term Loan A-2	1,025,000
Proceeds from issuance of 2024 Notes	775,000
Payments on capitalized lease obligations and other debt	(811)	(730)
Payment of deferred financing costs	(34,328)
Payments on Term Loans	(4,375)	(2,000)
Net proceeds from issuance of common stock	835,128
Net receipts related to stock-based award activities	1,789	5,273
Excess tax benefits from stock-based compensation	206	3,132
Net cash provided by (used in) financing activities	2,579,609	(52,325)
Effect of exchange rate changes on cash and cash equivalents	3,149	(1,549)
Net increase in cash and cash equivalents	26,170	2,670
Cash and cash equivalents, beginning of period	34,919	51,981
Cash and cash equivalents, end of period	$ 61,089	$ 54,651

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Basis of Presentation	1. BASIS OF PRESENTATION The unaudited Condensed Consolidated Financial Statements included herein have been prepared by TreeHouse Foods, Inc. and its consolidated subsidiaries (the “Company,” “TreeHouse,” “we,” “us,” or “our”), pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to quarterly reporting on Form 10-Q. In our opinion, these statements include all adjustments necessary for a fair presentation of the results of all interim periods reported herein. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted as permitted by such rules and regulations. The Condensed Consolidated Financial Statements and related notes should be read in conjunction with the Consolidated Financial Statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015. Results of operations for interim periods are not necessarily indicative of annual results. On February 1, 2016, the Company acquired all of the outstanding common stock of Ralcorp Holdings, Inc., the Missouri corporation through which the private brands business (“Private Brands Business”) of ConAgra Foods, Inc. was operated. Ralcorp Holdings, Inc. was renamed TreeHouse Private Brands, Inc. during the first quarter of 2016. The results of operations of the Private Brands Business are included in our financial statements from the date of acquisition and are included in the North American Retail Grocery, Food Away From Home, and Industrial and Export segments, as applicable. The Private Brands Business is on a 4-4-5 fiscal calendar, and March 27, 2016 was the fiscal period end closest to the Company’s fiscal quarter end. This difference did not have a significant impact on the results of operations of the Private Brands Business. The preparation of our Condensed Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires us to use our judgment to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements, and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from these estimates. A detailed description of the Company’s significant accounting policies can be found in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
Recent Accounting Pronouncements	2. RECENT ACCOUNTING PRONOUNCEMENTS In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU No. 2016-02, Leases In September 2015, the FASB issued ASU No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments, In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers

Restructuring

Restructuring	3 Months Ended
	Mar. 31, 2016
Restructuring	3. RESTRUCTURING City of Industry, California Below is a summary of the plant closing costs: City of Industry Closure Three Months Ended Cumulative Costs Total Expected March 31, 2016 To Date Costs (In thousands) Asset-related $ 832 $ 3,852 $ 3,852 Employee-related 582 1,744 1,890 Other closure costs 84 113 5,308 Total $ 1,498 $ 5,709 $ 11,050 Liabilities recorded as of March 31, 2016 associated with this plant closing relate to severance and the partial withdrawal from a multiemployer pension plan. The severance liability is included in the Accounts payable and accrued expenses line of the Condensed Consolidated Balance Sheets while the multiemployer pension plan withdrawal liability is included in the Other long-term liabilities line of the Condensed Consolidated Balance Sheets. The table below presents a reconciliation of the liabilities as of March 31, 2016: City of Industry Closure Multiemployer Pension Severance Plan Withdrawal Total Liabilities (In thousands) Balance as of December 31, 2015 $ 395 $ 767 $ 1,162 Expense 582 — 582 Payments (49 ) — (49 ) Balance as of March 31, 2016 $ 928 $ 767 $ 1,695

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2016
Acquisitions	4. ACQUISITIONS Private Brands Business On February 1, 2016, the Company acquired the Private Brands Business, which is primarily engaged in manufacturing, distributing, and marketing private label products to retail grocery, food away from home, and industrial and export customers. The business’s primary product categories include snacks, retail bakery, pasta, cereal, bars, and condiments. The purchase price was approximately $2,640.2 million, net of acquired cash, including an estimated adjustment for working capital. The acquisition was funded by $835.1 million in net proceeds from a public sale of the Company’s common stock, $760.7 million in net proceeds from a private issuance of senior unsecured notes (“2024 Notes”), and a new $1,025.0 million term loan (“Term Loan A-2”), with the remaining balance funded by borrowings from the Company’s $900 million revolving credit facility (“Revolving Credit Facility”). The acquisition results in a broader portfolio of products and further diversifies the Company’s product categories. The Private Brands Business acquisition is accounted for under the acquisition method of accounting and the results of operations are included in our financial statements from the date of acquisition in the North American Retail Grocery, Food Away From Home, and Industrial and Export segments. Included in the Company’s Condensed Consolidated Statements of Operations for the first quarter of 2016 are the Private Brands Business’s net sales of approximately $506.4 million and net income of $11.5 million. Integration costs of $5.8 million were included in determining the net income. We have made a preliminary allocation to net tangible and intangible assets acquired and liabilities assumed as follows: (In thousands) Cash $ 43,358 Receivables 171,008 Inventory 435,360 Property, plant, and equipment 803,491 Customer relationships 510,900 Trade names 33,000 Software 19,576 Formulas 23,200 Other assets 52,418 Goodwill 1,123,924 Assets acquired 3,216,235 Deferred taxes (132,384 ) Assumed current liabilities (244,747 ) Assumed long-term liabilities (155,545 ) Total purchase price $ 2,683,559 The Company allocated $496.1 million to customer relationships in the North American Retail Grocery segment, which have a preliminary estimated life of 13 years, and $14.8 million to customer relationships in the Food Away From Home segment, which have a preliminary estimated life of 10 years. The Company allocated $33.0 million to trade names, which have a preliminary estimated life of 10 years. The Company allocated $23.2 million to formulas, which have a preliminary estimated life of 5 years. The Company allocated $19.6 million to capitalized software with estimated lives of 1 to 5 years, depending on expected use. The aforementioned intangibles will be amortized on a straight line basis. The Company increased the cost of acquired inventories by approximately $8.2 million, and expensed the amount as a component of cost of sales in the first quarter of 2016. The Company has preliminarily allocated $1,050.4 million and $73.5 million of goodwill to the North American Retail Grocery and Food Away From Home segments, respectively. Goodwill arises principally as a result of expansion opportunities and synergies across both new and legacy product categories. None of the goodwill resulting from this acquisition is tax deductible. The Company incurred approximately $35.2 million in acquisition costs. These costs are included in the General and administrative expense line of the Condensed Consolidated Statements of Operations. The purchase price allocation in the table above is preliminary and subject to the finalization of the Company’s valuation analysis, including adjustments to certain assets and liabilities, taxes, and working capital. The following unaudited pro forma information shows the results of operations for the Company as if its acquisition of the Private Brands Business had been completed as of January 1, 2015. Adjustments have been made for the pro forma effects of depreciation and amortization of tangible and intangible assets recognized as part of the business combination, the issuance of common stock, interest expense related to the financing of the business combination, and related income taxes. Excluded from the 2016 pro forma results are $35.2 million of costs incurred by the Company in connection with the acquisition. The 2015 pro forma results include $1.3 billion in asset impairment charges incurred by the seller. The pro forma results may not necessarily reflect actual results of operations that would have been achieved, nor are they necessarily indicative of future results of operations. Three Months Ended 2016 2015 (In thousands, except per share data) Pro forma net sales $ 1,594,136 $ 1,670,398 Pro forma net income (loss) $ 18,369 $ (770,875 ) Pro forma basic earnings (loss) per common share $ 0.32 $ (13.73 ) Pro forma diluted earnings (loss) per common share $ 0.32 $ (13.73 )

Investments

Investments	3 Months Ended
	Mar. 31, 2016
Investments	5. INVESTMENTS March 31, December 31, 2016 2015 (In thousands) U.S. equity $ 6,641 $ 5,283 Non-U.S. equity 1,601 1,574 Fixed income 987 1,531 Total investments $ 9,229 $ 8,388 We determine the appropriate classification of our investments at the time of purchase and reevaluate such designation as of each balance sheet date. The Company accounts for investments in debt and marketable equity securities as held-to-maturity, available-for-sale, or trading, depending on their classification. The investments held by the Company are classified as trading securities and are stated at fair value, with changes in fair value recorded as a component of the Interest income or Interest expense line on the Condensed Consolidated Statements of Operations. Cash flows from purchases, sales, and maturities of trading securities are included in cash flows from investing activities in the Condensed Consolidated Statements of Cash Flows based on the nature and purpose for which the securities were acquired. Our investments include U.S. equity, non-U.S. equity, and fixed income securities that are classified as short-term investments on the Condensed Consolidated Balance Sheets. The U.S. equity, non-U.S. equity, and fixed income securities are classified as short-term investments as they have characteristics of other current assets and are actively managed. We consider temporary cash investments with an original maturity of three months or less to be cash equivalents. As of March 31, 2016 and December 31, 2015, $59.6 million and $24.4 million, respectively, represents cash and equivalents held in foreign jurisdictions, in local currencies, that are convertible into other currencies. The cash and cash equivalents held in foreign jurisdictions are expected to be used for general corporate purposes in foreign jurisdictions, including capital projects and acquisitions. For the three months ended March 31, 2016, we recognized unrealized losses totaling $0.3 million that are included in the Interest expense line of the Condensed Consolidated Statements of Operations and $0.3 million in unrealized gains that are included in the Interest income line of the Condensed Consolidated Statements of Operations. Additionally, for the three months ended March 31, 2016, we recognized a realized gain on investments totaling $0.1 million that was included in the Interest income line of the Condensed Consolidated Statements of Operations. When securities are sold, their cost is determined based on the first-in, first-out method.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2016
Inventories	6. INVENTORIES March 31, December 31, 2016 2015 (In thousands) Raw materials and supplies $ 424,388 $ 274,007 Finished goods 575,673 331,535 LIFO reserve (21,553 ) (21,427 ) Total inventories $ 978,508 $ 584,115 Inventory is generally accounted for under the first-in, first-out (“FIFO”) method, but a portion is accounted for under the last-in, first-out (“LIFO”) method or the weighted average costing approach. Approximately $66.5 million and $88.1 million of our inventory was accounted for under the LIFO method of accounting at March 31, 2016 and December 31, 2015, respectively. Approximately $118.8 million and $128.9 million of our net inventory was accounted for using the weighted average costing approach at March 31, 2016 and December 31, 2015, respectively.

Property, Plant, and Equipment

Property, Plant, and Equipment	3 Months Ended
	Mar. 31, 2016
Property, Plant, and Equipment	7. PROPERTY, PLANT, AND EQUIPMENT March 31, December 31, 2016 2015 (In thousands) Land $ 70,007 $ 25,954 Buildings and improvements 446,152 226,134 Machinery and equipment 1,194,946 681,711 Construction in progress 87,594 24,493 Total 1,798,699 958,292 Less accumulated depreciation (452,913 ) (416,764 ) Property, plant, and equipment, net $ 1,345,786 $ 541,528 Depreciation expense was $35.6 million and $15.4 million for the three months ended March 31, 2016 and 2015, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets	8. GOODWILL AND INTANGIBLE ASSETS Changes in the carrying amount of goodwill for the three months ended March 31, 2016 were as follows: North American Food Away Industrial Retail Grocery From Home and Export Total (In thousands) Balance at December 31, 2015 $ 1,423,441 $ 92,267 $ 134,086 $ 1,649,794 Acquisitions 1,050,383 73,541 — 1,123,924 Foreign currency exchange adjustments 7,853 767 — 8,620 Balance at March 31, 2016 $ 2,481,677 $ 166,575 $ 134,086 $ 2,782,338 The Company has not incurred any goodwill impairments since its inception. The carrying amounts of our intangible assets with indefinite lives, other than goodwill, as of March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 December 31, (In thousands) Trademarks $ 26,568 $ 25,229 Total indefinite lived intangibles $ 26,568 $ 25,229 The increase in the indefinite lived intangibles balance is due to foreign currency translation. The gross carrying amounts and accumulated amortization of intangible assets, with finite lives, as of March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 December 31, 2015 Gross Accumulated Amortization Net Gross Accumulated Amortization Net (In thousands) (In thousands) Intangible assets with finite lives: Customer-related $ 1,289,106 $ (230,014 ) $ 1,059,092 $ 769,419 $ (208,962 ) $ 560,457 Contractual agreements 2,974 (2,857 ) 117 2,964 (2,831 ) 133 Trademarks 65,361 (12,194 ) 53,167 32,240 (11,091 ) 21,149 Formulas/recipes 33,775 (8,857 ) 24,918 10,471 (7,824 ) 2,647 Computer software 99,591 (44,600 ) 54,991 78,039 (40,999 ) 37,040 Total other intangibles $ 1,490,807 $ (298,522 ) $ 1,192,285 $ 893,133 $ (271,707 ) $ 621,426 Total intangible assets, excluding goodwill, as of March 31, 2016 and December 31, 2015 were $1,218.9 million and $646.7 million, respectively. Amortization expense on intangible assets for the three months ended March 31, 2016 and 2015 was $23.8 million and $15.3 million, respectively. Estimated amortization expense on intangible assets for 2016 and the next four years is as follows: (In thousands) 2016 $ 109,029 2017 $ 112,748 2018 $ 107,104 2019 $ 105,837 2020 $ 104,156

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	3 Months Ended
	Mar. 31, 2016
Accounts Payable and Accrued Expenses	9. ACCOUNTS PAYABLE AND ACCRUED EXPENSES March 31, December 31, 2016 2015 (In thousands) Accounts payable $ 392,822 $ 202,065 Payroll and benefits 54,899 27,467 Interest 12,244 6,241 Taxes 9,330 1,499 Health insurance, workers’ compensation, and other insurance costs 17,259 9,331 Marketing expenses 18,900 7,435 Other accrued liabilities 15,557 6,542 Total $ 521,011 $ 260,580

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Taxes	10. INCOME TAXES Income taxes were recorded at an effective rate of 30.0% and 30.8% for the three months ended March 31, 2016 and 2015, respectively. Our effective tax rate may change from period to period based on recurring and non-recurring factors including the jurisdictional mix of earnings, enacted tax legislation, state income taxes, settlement of tax audits and the expiration of the statute of limitations in relation to unrecognized tax benefits. The Company’s effective tax rate differs from the U.S. federal statutory tax rate primarily due to state tax expense and the benefits associated with the federal domestic production activities deduction and an intercompany financing structure entered into in conjunction with the E.D. Smith Foods, Ltd. (“E.D. Smith”) acquisition in 2007. During the third quarter of 2015, the Internal Revenue Service (“IRS”) initiated an examination of Flagstone Foods, Inc.’s pre-acquisition 2013 tax year. The Canadian Revenue Agency (“CRA”) is currently examining the 2008 through 2013 tax years of E.D. Smith. The IRS and CRA examinations are expected to be completed in 2016 or 2017. The Company has examinations in process with various state taxing authorities, which are expected to be complete in 2016. Management estimates that it is reasonably possible that the total amount of unrecognized tax benefits could decrease by as much as $17.5 million within the next 12 months, primarily as a result of the resolution of audits currently in progress and the lapsing of statutes of limitations. Less than $0.2 million of the $17.5 million would affect the effective tax rate when settled.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2016
Long-Term Debt	11. LONG-TERM DEBT March 31, December 31, 2016 2015 (In thousands) Revolving Credit Facility $ 335,000 $ 353,000 Term Loan A 293,625 295,500 Term Loan A-1 187,500 190,000 Term Loan A-2 1,025,000 — 2022 Notes 400,000 400,000 2024 Notes 775,000 — Tax increment financing and other debt 6,174 6,002 Total outstanding debt 3,022,299 1,244,502 Deferred financing costs (38,381 ) (7,868 ) Less current portion (41,582 ) (14,893 ) Total long-term debt $ 2,942,336 $ 1,221,741 On February 1, 2016, coincident with the closing of the acquisition of the Private Brands Business, the Company entered into the Amended and Restated Credit Agreement. The Amended and Restated Credit Agreement amends the Company’s Prior Credit Agreement, dated as of May 6, 2014. The Amended and Restated Credit Agreement (1) amended the maturity dates of the Revolving Credit Facility, Term Loan A, and Term Loan A-1 so that they are conterminous and mature on February 1, 2021, (2) provided for the issuance of Term Loan A-2, (3) is now a secured facility until, among other conditions, the Company reaches a leverage ratio of 3.5 and has no other pari-passu secured debt outstanding, and (4) increased credit spreads. The proceeds from Term Loan A-2 were used to fund a portion of the purchase price of the Private Brands Business. The Amended and Restated Credit Agreement contains substantially the same covenants as the Prior Credit Agreement with adjustments to reflect the incurrence of Term Loan A-2. In connection with the Amended and Restated Credit Agreement, $20.3 million in fees will be amortized ratably through February 1, 2021. Fees associated with the Term Loans are presented as a direct deduction from outstanding debt, while fees associated with the Revolving Credit Facility are presented as an asset. Beginning February 1, 2016, unamortized fees associated with the Prior Credit Agreement will be amortized ratably through February 1, 2021. The Revolving Credit Facility, Term Loan A, Term Loan A-1, and Term Loan A-2 are known collectively as the “Amended and Restated Credit Agreement.” The Company’s average interest rate on debt outstanding under its Amended and Restated Credit Agreement for the three months ended March 31, 2016 was 2.54%. Revolving Credit Facility Interest is payable quarterly or at the end of the applicable interest period in arrears on any outstanding borrowings. The interest rates under the Amended and Restated Credit Agreement are based on the Company’s consolidated leverage ratio, and are determined by either (i) LIBOR, plus a margin ranging from 1.25% to 3.00% (inclusive of the facility fee), based on the Company’s consolidated leverage ratio, or (ii) a Base Rate (as defined in the Amended and Restated Credit Agreement), plus a margin ranging from 0.25% to 2.00% (inclusive of the facility fee), based on the Company’s consolidated leverage ratio. The Amended and Restated Credit Agreement is fully and unconditionally, as well as jointly and severally, guaranteed by our 100% owned direct and indirect subsidiaries described as follows: During the first quarter of 2016, Protenergy Holdings, Inc. and Protenergy Natural Foods, Inc. were added as guarantors. Additionally, in connection with the acquisition of the Private Brands Business, TreeHouse Private Brands, Inc. (formerly Ralcorp Holdings, Inc.); American Italian Pasta Co.; Nutcracker Brands; Linette Quality Chocolates; Ralcorp Frozen Bakery Products, Inc.; Cottage Bakery, Inc.; and The Carriage House Companies, Inc. were added as guarantors during the first quarter of 2016. As a result, Bay Valley Foods, LLC; Sturm Foods, Inc.; S.T. Specialty Foods, Inc.; Associated Brands, Inc.; Cains Foods, Inc.; Cains Foods L.P.; Cains GP, LLC; and Flagstone Foods, Inc., together with the subsidiaries added in the first quarter as noted above, and certain other subsidiaries that may become guarantors in the future are collectively known as the “Guarantor Subsidiaries.” The Amended and Restated Credit Agreement contains various financial and restrictive covenants and requires that the Company maintain certain financial ratios, including a leverage and interest coverage ratio. The Amended and Restated Credit Agreement also contains cross-default provisions which could result in the acceleration of payments in the event TreeHouse or the Guarantor Subsidiaries (i) fails to make a payment when due in respect of any indebtedness or guarantee having an aggregate principal amount greater than $75 million or (ii) fails to observe or perform any other agreement or condition related to such indebtedness or guarantee as a result of which the holder(s) of such debt are permitted to accelerate the payment of such debt. Term Loan A Term Loan A-1 the Amended and Restated Credit Agreement), plus a margin ranging from 0.25% to 2.00%. Payments are due on a quarterly basis. Term Loan A-1 is subject to substantially the same covenants as the Revolving Credit Facility, and has the same Guarantor Subsidiaries. As of March 31, 2016, $187.5 million was outstanding under Term Loan A-1. Term Loan A-2 2022 Notes The Company may redeem some or all of the 2022 Notes at any time prior to March 15, 2017 at a price equal to 100% of the principal amount of the 2022 Notes redeemed, plus an applicable “make-whole” premium. On or after March 15, 2017, the Company may redeem some or all of the 2022 Notes at redemption prices set forth in the Indenture. In addition, at any time prior to March 15, 2017, the Company may redeem up to 35% of the 2022 Notes at a redemption price of 104.875% of the principal amount of the 2022 Notes redeemed with the net cash proceeds of certain equity offerings. Subject to certain limitations, in the event of a change in control of the Company, the Company will be required to make an offer to purchase the 2022 Notes at a purchase price equal to 101% of the principal amount of the 2022 Notes, plus accrued and unpaid interest up to the purchase date. 2024 Notes The Company may redeem some or all of the 2024 Notes at any time on or after February 15, 2019 at the applicable redemption prices described in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date. In addition, prior to February 15, 2019, the Company may redeem all or a portion of the 2024 Notes at a price equal to 100% of the principal amount plus the “make-whole” premium set forth in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date. The Company may also redeem up to 40% of the 2024 Notes prior to February 15, 2019 with the net cash proceeds received from certain equity offerings at the redemption price set forth in the Indenture. In the event of certain change of control events, as described in the Indenture, the Company may be required to purchase the 2024 Notes from the holders at a purchase price of 101% of the principal amount plus any accrued and unpaid interest. The Company issued the 2022 Notes and 2024 Notes pursuant to a single base Indenture among the Company, the Guarantor Subsidiaries, and the Trustee. The Indenture provides, among other things, that the 2022 Notes and 2024 Notes will be senior unsecured obligations of the Company. The Company’s payment obligations under the 2022 Notes and 2024 Notes are fully and unconditionally, as well as jointly and severally, guaranteed on a senior unsecured basis by the Guarantor Subsidiaries, in addition to any future domestic subsidiaries that guarantee or become borrowers under its credit agreement, or guarantee certain other indebtedness incurred by the Company or its restricted subsidiaries. The Indenture was supplemented during the first quarter of 2016 to include the changes in Guarantor Subsidiaries noted above. The Indenture governing the 2022 Notes and 2024 Notes contains customary event of default provisions (including, without limitation, defaults relating to the failure to pay at final maturity or the acceleration of certain other indebtedness). If an event of default occurs and is continuing, the trustee under the Indenture or holders of at least 25% in principal amount of such notes may declare the principal amount and accrued and unpaid interest, if any, on all such notes to be due and payable. The Indenture also contains restrictive covenants that, among other things, limit the ability of the Company and the Guarantor Subsidiaries to: (i) pay dividends or make other restricted payments, (ii) make certain investments, (iii) incur additional indebtedness or issue preferred stock, (iv) create liens, (v) pay dividends or make other payments (except for certain dividends and payments to the Company and certain subsidiaries of the Company), (vi) merge or consolidate with other entities or sell substantially all of its assets, (vii) enter into transactions with affiliates, and (viii) engage in certain sale and leaseback transactions. The foregoing limitations are subject to exceptions as set forth in the Indenture. In addition, if in the future, the 2022 Notes or 2024 Notes have an investment grade credit rating by both Moody’s Investors Services, Inc. and Standard & Poor’s Ratings Services, certain of these covenants will, thereafter, no longer apply to the 2022 Notes or 2024 Notes for so long as the 2022 Notes or 2024 Notes are rated investment grade by the two rating agencies. Tax Increment Financing

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity	12. STOCKHOLDERS’ EQUITY Common stock On January 26, 2016, a total of 13,269,230 shares were issued pursuant to a public offering at $65.00 per share, resulting in gross proceeds to the Company of $862.5 million. Net cash from the offering, after considering issuance costs, was approximately $835.1 million, with approximately $0.1 million recorded to Common stock at par value and approximately $835.0 million recorded to Additional paid-in capital. The net proceeds from the offering were used to fund a portion of the purchase price of the Private Brands Business. As of March 31, 2016, there were 56,432,978 shares of common stock issued and outstanding. There is no treasury stock issued or outstanding. Preferred Stock

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share	13. EARNINGS PER SHARE Basic earnings per share is computed by dividing net income by the number of weighted average common shares outstanding during the reporting period. The weighted average number of common shares used in the diluted earnings per share calculation is determined using the treasury stock method and includes the incremental effect related to the Company’s outstanding stock-based compensation awards. The following table summarizes the effect of the share-based compensation awards on the weighted average number of shares outstanding used in calculating diluted earnings per share: Three Months Ended March 31, 2016 2015 (In thousands, except per share data) Net (loss) income $ (3,346 ) $ 17,852 Weighted average common shares outstanding 52,708 42,873 Assumed exercise/vesting of equity awards (1) — 766 Weighted average diluted common shares outstanding 52,708 43,639 Net (loss) earnings per basic share $ (0.06 ) $ 0.42 Net (loss) earnings per diluted share $ (0.06 ) $ 0.41 (1) Incremental shares from equity awards are computed using the treasury stock method. For the three months ended March 31, 2016, weighted average common shares outstanding is the same for the computations of basic and diluted earnings per share because the Company had a net loss for the period. Equity awards, excluded from our computation of diluted earnings per share because they were anti-dilutive, were 0.8 million and 0.4 million for the three months ended March 31, 2016 and 2015, respectively.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2016
Stock-Based Compensation	14. STOCK-BASED COMPENSATION The Board of Directors adopted, and the Company’s stockholders approved, the “TreeHouse Foods, Inc. Equity and Incentive Plan” (the “Plan”). The Plan is administered by our Compensation Committee, which consists entirely of independent directors. The Compensation Committee determines specific awards for our executive officers. For all other employees, if the committee designates, our Chief Executive Officer or such other officers will, from time to time, determine specific persons to whom awards under the Plan will be granted, and the terms and conditions of each award. The Compensation Committee or its designee, pursuant to the terms of the Plan, also will make all other necessary decisions and interpretations under the plan. Under the Plan, the Compensation Committee may grant awards of various types of compensation, including stock options, restricted stock, restricted stock units, performance shares, performance units, other types of stock-based awards, and other cash-based compensation. The maximum number of shares available to be awarded under the Plan is approximately 12.3 million, of which approximately 3.0 million remain available as of March 31, 2016. (Loss) income before income taxes for the three month periods ended March 31, 2016 and 2015 includes share-based compensation expense of $6.2 million and $5.9 million, respectively. The tax benefit recognized related to the compensation cost of these share-based awards was approximately $2.2 million and $2.1 million for the three month periods ended March 31, 2016 and 2015, respectively. Stock Options — Weighted Weighted Average Average Remaining Aggregate Employee Director Exercise Contractual Intrinsic Options Options Price Term (yrs) Value (In thousands) (In thousands) Outstanding, at December 31, 2015 1,918 20 $ 57.18 6.2 $ 41,793 Granted 35 — $ 80.69 Forfeited (17 ) — $ 75.78 Exercised (37 ) — $ 50.39 Outstanding, at March 31, 2016 1,899 20 $ 57.58 6.0 $ 55,998 Vested/expected to vest, at March 31, 2016 1,853 20 $ 57.08 5.9 $ 55,573 Exercisable, at March 31, 2016 1,199 20 $ 46.74 4.4 $ 48,779 Three Months Ended March 31, 2016 2015 (In millions) Compensation expense $ 1.6 $ 1.4 Intrinsic value of stock options exercised $ 1.3 $ 11.0 Tax benefit recognized from stock option exercises $ 0.4 $ 4.2 Compensation costs related to unvested options totaled $9.6 million at March 31, 2016 and will be recognized over the remaining vesting period of the grants, which averages 1.9 years. The Company uses the Black-Scholes option pricing model to value its stock option awards. The assumptions used to calculate the fair value of stock options issued in 2016 include the following: weighted average expected volatility of 25.21%, expected term of six years, weighted average risk free rate of 1.51% and no dividends. The weighted average grant date fair value of awards granted during the first quarter of 2016 was $22.41. Restricted Stock Units The following table summarizes the restricted stock unit activity during the three months ended March 31, 2016: Weighted Weighted Employee Average Director Average Restricted Grant Date Restricted Grant Date Stock Units Fair Value Stock Units Fair Value (In thousands) (In thousands) Outstanding, at December 31, 2015 312 $ 76.36 111 $ 52.60 Granted 151 $ 81.82 — $ — Vested (2 ) $ 75.57 — $ — Forfeited (7 ) $ 77.24 — $ — Outstanding, at March 31, 2016 454 $ 78.17 111 $ 52.60 Three Months Ended March 31, 2016 2015 (In millions) Compensation expense $ 3.5 $ 2.7 Fair value of vested restricted stock units $ 0.2 $ 0.7 Tax benefit recognized from vested restricted stock units $ 0.1 $ 0.1 Future compensation costs related to restricted stock units are approximately $23.7 million as of March 31, 2016 and will be recognized on a weighted average basis over the next 2.1 years. The grant date fair value of the awards is equal to the Company’s closing stock price on the grant date. Performance Units Weighted Average Performance Grant Date Units Fair Value (In thousands) Unvested, at December 31, 2015 271 $ 74.13 Granted — $ — Vested — $ — Forfeited (5 ) $ 73.88 Unvested, at March 31, 2016 266 $ 74.13 Three Months Ended March 31, 2016 2015 (In millions) Compensation expense $ 1.1 $ 1.8 Fair value of vested performance units $ — $ — Tax benefit recognized from performance units vested $ — $ — Future compensation costs related to the performance units are estimated to be approximately $6.5 million as of March 31, 2016, and are expected to be recognized over the next 1.7 years. The grant date fair value of the awards is equal to the Company’s closing stock price on the date of grant.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2016
Accumulated Other Comprehensive Loss	15. ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss consists of the following components, all of which are net of tax, except for the foreign currency translation adjustment: Unrecognized Accumulated Foreign Pension and Other Currency Postretirement Comprehensive Translation (1) Benefits (2) Loss (In thousands) Balance at December 31, 2015 $ (100,512 ) $ (12,956 ) $ (113,468 ) Other comprehensive income 24,266 — 24,266 Reclassifications from accumulated other comprehensive loss — 258 258 Other comprehensive income 24,266 258 24,524 Balance at March 31, 2016 $ (76,246 ) $ (12,698 ) $ (88,944 ) Unrecognized Accumulated Foreign Pension and Other Currency Postretirement Comprehensive Translation (1) Benefits (2) Loss (In thousands) Balance at December 31, 2014 $ (51,326 ) $ (13,005 ) $ (64,331 ) Other comprehensive loss (26,537 ) — (26,537 ) Reclassifications from accumulated other comprehensive loss — 256 256 Other comprehensive (loss) income (26,537 ) 256 (26,281 ) Balance at March 31, 2015 $ (77,863 ) $ (12,749 ) $ (90,612 ) (1) The foreign currency translation adjustment is not net of tax, as it pertains to the Company’s permanent investment in its Canadian and Italian subsidiaries. (2) The unrecognized pension and postretirement benefits reclassification is presented net of tax of $159 thousand and $158 thousand for the three months ended March 31, 2016 and 2015, respectively. The reclassification is included in the computation of net periodic pension cost, which is recorded in the Cost of sales and General and administrative lines of the Condensed Consolidated Statements of Operations. The Condensed Consolidated Statements of Operations lines impacted by reclassifications out of Accumulated other comprehensive loss are outlined below: Affected line in Reclassifications from Accumulated The Condensed Consolidated Other Comprehensive Loss Statements of Operations Three Months Ended March 31, 2016 2015 (In thousands) Amortization of defined benefit pension items: Prior service costs $ 35 $ 36 (a) Unrecognized net loss 382 378 (a) Total before tax 417 414 Income taxes 159 158 Income taxes Net of tax $ 258 $ 256 (a) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost, and are recorded in the Cost of sales and General and administrative lines of the Condensed Consolidated Statements of Operations.

Employee Retirement and Postret

Employee Retirement and Postretirement Benefits	3 Months Ended
	Mar. 31, 2016
Employee Retirement and Postretirement Benefits	16. EMPLOYEE RETIREMENT AND POSTRETIREMENT BENEFITS Pension, Profit Sharing and Postretirement Benefits Components of net periodic pension expense are as follows: Three Months Ended March 31, 2016 2015 (In thousands) Service cost $ 1,049 $ 621 Interest cost 2,980 713 Expected return on plan assets (3,226 ) (765 ) Amortization of unrecognized prior service cost 53 52 Amortization of unrecognized net loss 383 365 Net periodic pension cost $ 1,239 $ 986 The Company expects to contribute approximately $2.4 million to the pension plans in 2016. Components of net periodic postretirement expense are as follows: Three Months Ended March 31, 2016 2015 (In thousands) Service cost $ 16 $ 5 Interest cost 243 37 Amortization of unrecognized prior service cost (18 ) (16 ) Amortization of unrecognized net loss (1 ) 13 Net periodic postretirement cost $ 240 $ 39 The Company expects to contribute approximately $0.2 million to the postretirement health plans during 2016. Net periodic pension and postretirement costs are recorded in the Cost of sales and General and administrative lines of the Condensed Consolidated Statements of Operations.

Other Operating Expense, Net

Other Operating Expense, Net	3 Months Ended
	Mar. 31, 2016
Other Operating Expense, Net	17. OTHER OPERATING EXPENSE, NET The Company incurred other operating expense for the three months ended March 31, 2016 and 2015, which consisted of the following: Three Months Ended March 31, 2016 2015 (In thousands) Restructuring $ 1,636 $ 215 Other 58 — Total other operating expense, net $ 1,694 $ 215

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	3 Months Ended
	Mar. 31, 2016
Supplemental Cash Flow Information	18. SUPPLEMENTAL CASH FLOW INFORMATION Three Months Ended March 31, 2016 2015 (In thousands) Interest paid $ 17,943 $ 15,913 Income taxes paid $ 14,638 $ 496 Accrued purchase of property and equipment $ 13,942 $ 4,619 Accrued other intangible assets $ 1,894 $ 2,077 Non-cash financing activities for the three months ended March 31, 2016 and 2015 include $0.2 million and $0.7 million, respectively, related to the vesting of restricted stock, restricted stock units, and performance stock units. Income taxes paid in the first quarter of 2016 were higher than the first quarter of 2015 due to the timing of payments to the U.S. federal and state taxing authorities, the inclusion of the Private Brands Business, and payments made to the CRA relating to the 2008, 2009, and 2010 filing periods.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies	19. COMMITMENTS AND CONTINGENCIES Litigation, Investigations and Audits

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2016
Derivative Instruments	20. DERIVATIVE INSTRUMENTS The Company is exposed to certain risks relating to its ongoing business operations. The primary risks managed by derivative instruments include interest rate risk, foreign currency risk, and commodity price risk. Derivative contracts are entered into for periods consistent with the related underlying exposure and do not constitute positions independent of those exposures. The Company does not enter into derivative instruments for trading or speculative purposes. The Company manages its exposure to changes in interest rates by optimizing the use of variable-rate and fixed-rate debt and by utilizing interest rate swaps to hedge our exposure to changes in interest rates, to reduce the volatility of our financing costs, and to achieve a desired proportion of fixed versus floating-rate debt, based on current and projected market conditions, with a bias toward fixed-rate debt. Due to the Company’s foreign operations, we are exposed to foreign currency risk. The Company enters into foreign currency contracts to manage the risk associated with foreign currency cash flows. The Company’s objective in using foreign currency contracts is to establish a fixed foreign currency exchange rate for the net cash flow requirements for purchases that are denominated in U.S. dollars. These contracts do not qualify for hedge accounting and changes in their fair value are recorded in the Condensed Consolidated Statements of Operations, with their fair value recorded on the Condensed Consolidated Balance Sheets. As of March 31, 2016, the Company had $63.1 million of U.S. dollar foreign currency contracts outstanding, expiring throughout 2016. Certain commodities we use in the production and distribution of our products are exposed to market price risk. The Company utilizes derivative contracts to manage this risk. The majority of commodity forward contracts are not derivatives, and those that are generally qualify for the normal purchases and normal sales scope exception under the guidance for derivative instruments and hedging activities and, therefore, are not subject to its provisions. For derivative commodity contracts that do not qualify for the normal purchases and normal sales scope exception, the Company records their fair value on the Company’s Condensed Consolidated Balance Sheets, with changes in value being recorded in the Condensed Consolidated Statements of Operations. The Company’s derivative commodity contracts may include contracts for diesel, oil, plastics, natural gas, electricity, and other commodity contracts that do not meet the requirements for the normal purchases and normal sales scope exception. Diesel contracts are used to manage the Company’s risk associated with the underlying cost of diesel fuel used to deliver products. Contracts for oil and plastics are used to manage the Company’s risk associated with the underlying commodity cost of a significant component used in packaging materials. Contracts for natural gas and electricity are used to manage the Company’s risk associated with the utility costs of its manufacturing facilities, and commodity contracts that are derivatives that do not meet the normal purchases and normal sales scope exception are used to manage the price risk associated with raw material costs. As of March 31, 2016, the Company had outstanding contracts for the purchase of 44,270 megawatts of electricity, expiring throughout 2016; 3.7 million gallons of diesel, expiring throughout 2016; 1.7 million dekatherms of natural gas, expiring throughout 2016; 1.0 million pounds of coffee, expiring throughout 2016; 16.2 million pounds of plastics, expiring throughout 2016; 0.6 million bushels of cucumbers, expiring throughout 2016; and 1.4 million bushels of flour, expiring throughout 2016. The following table identifies the derivative, its fair value, and location on the Condensed Consolidated Balance Sheets: Fair Value Balance Sheet Location March 31, 2016 December 31, 2015 (In thousands) Asset Derivatives Commodity contracts Prepaid expenses and other current assets $ 142 $ — Foreign currency contracts Prepaid expenses and other current assets — 1,356 $ 142 $ 1,356 Liability Derivatives Commodity contracts Accounts payable and accrued expenses $ 3,498 $ 3,778 Foreign currency contracts Accounts payable and accrued expenses 3,769 — $ 7,267 $ 3,778 We recorded the following gains and losses on our derivative contracts in the Condensed Consolidated Statements of Operations: Three Months Ended Location of Gain (Loss) March 31, Recognized in Income 2016 2015 (In thousands) Mark-to-market unrealized (loss) gain: Commodity contracts Other (expense) income, net $ 422 $ (57 ) Foreign currency contracts Other (expense) income, net (5,125 ) 474 Total unrealized (loss) gain (4,703 ) 417 Realized (loss) gain: Commodity contracts Manufacturing related to cost of sales and transportation related to selling and distribution (986 ) (844 ) Foreign currency contracts Cost of Sales 800 — Total realized (loss) (186 ) (844 ) Total (loss) $ (4,889 ) $ (427 )

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2016
Fair Value	21. FAIR VALUE The following table presents the carrying value and fair value of our financial instruments as of March 31, 2016 and December 31, 2015: March 31, 2016 December 31, 2015 Carrying Value Fair Value Carrying Value Fair Value Level (In thousands) (In thousands) Not recorded at fair value (liability): Revolving Credit Facility $ (335,000 ) $ (328,277 ) $ (353,000 ) $ (352,932 ) 2 Term Loan A $ (293,625 ) $ (294,230 ) $ (295,500 ) $ (294,327 ) 2 Term Loan A-1 $ (187,500 ) $ (187,807 ) $ (190,000 ) $ (190,200 ) 2 Term Loan A-2 $ (1,025,000 ) $ (1,026,966 ) $ — $ — 2 2022 Notes $ (400,000 ) $ (412,000 ) $ (400,000 ) $ (383,000 ) 2 2024 Notes $ (775,000 ) $ (817,625 ) $ — $ — 2 Recorded on a recurring basis at fair value (liability) asset: Commodity contracts $ (3,356 ) $ (3,356 ) $ (3,778 ) $ (3,778 ) 2 Foreign currency contracts $ (3,769 ) $ (3,769 ) $ 1,356 $ 1,356 2 Investments $ 9,229 $ 9,229 $ 8,388 $ 8,388 1 Cash and cash equivalents and accounts receivable are financial assets with carrying values that approximate fair value. Accounts payable are financial liabilities with carrying values that approximate fair value. The fair value of the Revolving Credit Facility, Term Loan A, Term Loan A-1, Term Loan A-2, 2022 Notes, 2024 Notes, commodity contracts, and foreign currency contracts are determined using Level 2 inputs. Level 2 inputs are inputs other than quoted market prices that are observable for an asset or liability, either directly or indirectly. The fair values of the Revolving Credit Facility, Term Loan A, Term Loan A-1, and Term Loan A-2 were estimated using present value techniques and market based interest rates and credit spreads. The fair values of the Company’s 2022 Notes and 2024 Notes were estimated based on quoted market prices for similar instruments, where the inputs are considered Level 2, due to their infrequent trading volume. The fair values of the commodity contracts and foreign currency contracts are based on an analysis comparing the contract rates to the market rates at the balance sheet date. The commodity contracts and foreign currency contracts are recorded at fair value on the Condensed Consolidated Balance Sheets. The fair value of the investments was determined using Level 1 inputs. Level 1 inputs are quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement dates. The investments are recorded at fair value on the Condensed Consolidated Balance Sheets.

Segment and Geographic Informat

Segment and Geographic Information and Major Customers	3 Months Ended
	Mar. 31, 2016
Segment and Geographic Information and Major Customers	22. SEGMENT AND GEOGRAPHIC INFORMATION AND MAJOR CUSTOMERS The Company manages operations on a company-wide basis, thereby making determinations as to the allocation of resources in total rather than on a segment-level basis. The Company has designated reportable segments based on how management views its business. The Company does not segregate assets between segments for internal reporting. Therefore, asset-related information has not been presented. The reportable segments, as presented below, are consistent with the manner in which the Company reports its results to the Chief Operating Decision Maker. The Company evaluates the performance of its segments based on net sales dollars and direct operating income (gross profit less freight out, sales commissions, and direct selling and marketing expenses). The amounts in the following tables are obtained from reports used by senior management and do not include income taxes. Other expenses not allocated include unallocated selling and distribution expenses, unallocated costs of sales, and unallocated corporate expenses. The accounting policies of the Company’s segments are the same as those described in the summary of significant accounting policies set forth in Note 1 to the Consolidated Financial Statements contained in our Annual Report on Form 10-K for the year ended December 31, 2015. Three Months Ended 2016 2015 (In thousands) Net sales to external customers: North American Retail Grocery $ 1,019,310 $ 592,413 Food Away From Home 112,597 88,277 Industrial and Export 138,266 102,455 Total $ 1,270,173 $ 783,145 Direct operating income: North American Retail Grocery $ 127,955 $ 77,317 Food Away From Home 15,915 12,026 Industrial and Export 21,090 21,536 Total 164,960 110,879 Unallocated selling and distribution expenses (13,229 ) (3,159 ) Unallocated costs of sales (1) (12,640 ) (1,081 ) Unallocated corporate expense (120,164 ) (59,943 ) Operating income 18,927 46,696 Other expense (23,707 ) (20,895 ) (Loss) income before income taxes $ (4,780 ) $ 25,801 (1) Includes charges related to restructurings and other costs managed at corporate. Geographic Information Major Customers Product Information Three Months Ended 2016 2015 (In thousands) Products: Snack nuts $ 259,997 $ 146,499 Retail bakery 112,803 — Cereals 111,972 43,040 Beverages 107,593 111,000 Cookies and crackers 103,899 — Pasta and dry dinners 101,911 33,411 Salad dressings 93,675 84,166 Soup and infant feeding 84,850 98,808 Beverage enhancers 82,039 86,113 Sauces 76,656 58,431 Pickles 74,330 71,062 Aseptic products 26,832 24,878 Jams 20,956 11,949 Other products 12,660 13,788 Total net sales $ 1,270,173 $ 783,145

Guarantor and Non-Guarantor Fin

Guarantor and Non-Guarantor Financial Information	3 Months Ended
	Mar. 31, 2016
Guarantor and Non-Guarantor Financial Information	23. GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION The Company’s 2022 Notes and 2024 Notes are guaranteed fully and unconditionally, as well as jointly and severally, by its Guarantor Subsidiaries. As described in Note 11, Protenergy Holdings, Inc. and Protenergy Natural Foods, Inc. were added as Guarantor Subsidiaries in the first quarter of 2016. Additionally, in connection with the acquisition of the Private Brands Business, TreeHouse Private Brands, Inc. (formerly Ralcorp Holdings, Inc.); American Italian Pasta Co.; Nutcracker Brands; Linette Quality Chocolates; Ralcorp Frozen Bakery Products, Inc.; Cottage Bakery, Inc.; and The Carriage House Companies, Inc. were added as guarantors during the first quarter of 2016. In the fourth quarter of 2015, Associated Brands, Inc.; Cains Foods, Inc.; Cains Foods L.P.; Cains GP, LLC; and Flagstone Foods, Inc. (formerly known as Snacks Holding Corporation) were added as Guarantor Subsidiaries. There are no significant restrictions on the ability of the parent company or any guarantor to obtain funds from its subsidiaries by dividend or loan. The following condensed supplemental consolidating financial information presents the results of operations, financial position and cash flows of the parent company, its Guarantor Subsidiaries, its non-guarantor subsidiaries and the eliminations necessary to arrive at the information for the Company on a consolidated basis as of March 31, 2016 and 2015, and for the three months ended March 31, 2016, and 2015. The equity method has been used with respect to investments in subsidiaries. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions. As a result of the addition of the guarantors noted above, the following condensed supplemental consolidating financial information has been recast for prior periods as if the new guarantor structure existed for all periods presented, as of the acquisition dates of the respective guarantors. Condensed Supplemental Consolidating Balance Sheet March 31, 2016 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ 1,485 $ 59,604 $ — $ 61,089 Investments — — 9,229 — 9,229 Accounts receivable, net 702 314,416 44,626 — 359,744 Inventories, net — 873,967 104,541 — 978,508 Assets held for sale — 2,674 — — 2,674 Prepaid expenses and other current assets 17,861 10,874 21,650 — 50,385 Total current assets 18,563 1,203,416 239,650 — 1,461,629 Property, plant, and equipment, net 25,888 1,171,210 148,688 — 1,345,786 Goodwill — 2,649,928 132,410 — 2,782,338 Investment in subsidiaries 5,165,285 494,126 — (5,659,411 ) — Intercompany accounts receivable (payable), net 452,639 (417,467 ) (35,172 ) — — Deferred income taxes 19,128 — — (19,128 ) — Intangible and other assets, net 48,502 1,090,651 135,341 — 1,274,494 Total assets $ 5,730,005 $ 6,191,864 $ 620,917 $ (5,678,539 ) $ 6,864,247 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable and accrued expenses $ 22,774 $ 443,379 $ 54,858 $ — $ 521,011 Current portion of long-term debt 38,271 3,156 155 — 41,582 Total current liabilities 61,045 446,535 55,013 — 562,593 Long-term debt 2,939,473 2,548 315 — 2,942,336 Deferred income taxes — 380,811 49,388 (19,128 ) 411,071 Other long-term liabilities 10,150 196,685 22,075 — 228,910 Stockholders’ equity 2,719,337 5,165,285 494,126 (5,659,411 ) 2,719,337 Total liabilities and stockholders’ equity $ 5,730,005 $ 6,191,864 $ 620,917 $ (5,678,539 ) $ 6,864,247 Condensed Supplemental Consolidating Balance Sheet December 31, 2015 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 10,384 $ 91 $ 24,444 $ — $ 34,919 Investments — — 8,388 — 8,388 Accounts receivable, net 17 182,524 20,657 — 203,198 Inventories, net — 510,255 73,860 — 584,115 Prepaid expenses and other current assets 17,625 6,608 8,968 (16,618 ) 16,583 Total current assets 28,026 699,478 136,317 (16,618 ) 847,203 Property, plant, and equipment, net 26,294 470,639 44,595 — 541,528 Goodwill — 1,526,004 123,790 — 1,649,794 Investment in subsidiaries 2,411,532 338,849 — (2,750,381 ) — Intercompany accounts receivable (payable), net 582,267 (553,408 ) (28,859 ) — — Deferred income taxes 18,092 — — (18,092 ) — Intangible and other assets, net 46,041 504,127 114,103 — 664,271 Total assets $ 3,112,252 $ 2,985,689 $ 389,946 $ (2,785,091 ) $ 3,702,796 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable and accrued expenses $ 16,526 $ 239,316 $ 21,356 $ (16,618 ) $ 260,580 Current portion of long-term debt 11,621 3,116 156 — 14,893 Total current liabilities 28,147 242,432 21,512 (16,618 ) 275,473 Long-term debt 1,219,011 2,398 332 — 1,221,741 Deferred income taxes — 272,910 24,290 (18,092 ) 279,108 Other long-term liabilities 10,235 56,417 4,963 — 71,615 Stockholders’ equity 1,854,859 2,411,532 338,849 (2,750,381 ) 1,854,859 Total liabilities and stockholders’ equity $ 3,112,252 $ 2,985,689 $ 389,946 $ (2,785,091 ) $ 3,702,796 Condensed Supplemental Consolidating Statement of Operations Three Months Ended March 31, 2016 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net sales $ — $ 1,204,790 $ 133,764 $ (68,381 ) $ 1,270,173 Cost of sales — 997,120 116,871 (68,381 ) 1,045,610 Gross profit — 207,670 16,893 — 224,563 Selling, general, and administrative expense 53,716 116,414 9,976 — 180,106 Amortization 2,203 19,388 2,245 — 23,836 Other operating expense, net — 1,332 362 — 1,694 Operating (loss) income (55,919 ) 70,536 4,310 — 18,927 Interest expense 25,353 (53 ) 1,516 (1,148 ) 25,668 Interest income (2,227 ) (1,336 ) (404 ) 1,148 (2,819 ) Other expense (income), net 1 (4,665 ) 5,522 — 858 (Loss) income before income taxes (79,046 ) 76,590 (2,324 ) — (4,780 ) Income taxes (benefit) (30,030 ) 30,242 (1,646 ) — (1,434 ) Equity in net income (loss) of subsidiaries 45,670 (678 ) — (44,992 ) — Net (loss) income $ (3,346 ) $ 45,670 $ (678 ) $ (44,992 ) $ (3,346 ) Condensed Supplemental Consolidating Statement of Operations Three Months Ended March 31, 2015 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net sales $ — $ 735,766 $ 113,561 $ (66,182 ) $ 783,145 Cost of sales — 599,190 97,700 (66,182 ) 630,708 Gross profit — 136,576 15,861 — 152,437 Selling, general, and administrative expense 17,765 61,161 11,272 — 90,198 Amortization 1,827 10,878 2,623 — 15,328 Other operating expense, net — 215 — — 215 Operating (loss) income (19,592 ) 64,322 1,966 — 46,696 Interest expense 11,530 162 1,445 (1,445 ) 11,692 Interest income (1,430 ) (1,445 ) (339 ) 1,445 (1,769 ) Other (income) expense, net (4 ) 9,078 1,898 — 10,972 (Loss) income before income taxes (29,688 ) 56,527 (1,038 ) — 25,801 Income taxes (benefit) (11,336 ) 20,386 (1,101 ) — 7,949 Equity in net income of subsidiaries 36,204 63 — (36,267 ) — Net income $ 17,852 $ 36,204 $ 63 $ (36,267 ) $ 17,852 Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss) Three Months Ended March 31, 2016 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net (loss) income $ (3,346 ) $ 45,670 $ (678 ) $ (44,992 ) $ (3,346 ) Other comprehensive income: Foreign currency translation adjustments — — 24,266 — 24,266 Pension and postretirement reclassification adjustment, net of tax — 258 — — 258 Other comprehensive income — 258 24,266 — 24,524 Equity in other comprehensive income of subsidiaries 24,524 24,266 — (48,790 ) — Comprehensive income $ 21,178 $ 70,194 $ 23,588 $ (93,782 ) $ 21,178 Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss) Three Months Ended March 31, 2015 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net income $ 17,852 $ 36,204 $ 63 $ (36,267 ) $ 17,852 Other comprehensive (loss) income: Foreign currency translation adjustments — — (26,537 ) — (26,537 ) Pension and postretirement reclassification adjustment, net of tax — 256 — — 256 Other comprehensive income (loss) — 256 (26,537 ) — (26,281 ) Equity in other comprehensive (loss) of subsidiaries (26,281 ) (26,537 ) — 52,818 — Comprehensive (loss) income $ (8,429 ) $ 9,923 $ (26,474 ) $ 16,551 $ (8,429 ) Condensed Supplemental Consolidating Statement of Cash Flows Three Months Ended March 31, 2016 (In thousands) Parent Guarantor Non- Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash provided by (used in) operating activities $ 2,642 $ 152,998 $ (19,073 ) $ (25,847 ) $ 110,720 Cash flows from investing activities: Additions to property, plant, and equipment (84 ) (23,727 ) (1,087 ) — (24,898 ) Additions to intangible assets (1,984 ) (11 ) — — (1,995 ) Intercompany transfer 94,021 2,775 — (96,796 ) — Acquisitions, less cash acquired (2,683,559 ) 337 43,021 — (2,640,201 ) Proceeds from sale of fixed assets — 40 19 — 59 Purchase of investments — — (262 ) — (262 ) Other — — (11 ) — (11 ) Net cash (used in) provided by investing activities (2,591,606 ) (20,586 ) 41,680 (96,796 ) (2,667,308 ) Cash flows from financing activities: Net borrowing (repayment) of debt 1,777,625 (771 ) (40 ) — 1,776,814 Payment of deferred financing costs (34,328 ) — — — (34,328 ) Intercompany transfer (1,840 ) (130,247 ) 9,444 122,643 — Net proceeds from issuance of common stock 835,128 — — — 835,128 Net receipts related to stock-based award activities 1,789 — — — 1,789 Excess tax benefits from stock-based compensation 206 — — — 206 Net cash provided by (used in) financing activities 2,578,580 (131,018 ) 9,404 122,643 2,579,609 Effect of exchange rate changes on cash and cash equivalents — — 3,149 — 3,149 (Decrease) increase in cash and cash equivalents (10,384 ) 1,394 35,160 — 26,170 Cash and cash equivalents, beginning of period 10,384 91 24,444 — 34,919 Cash and cash equivalents, end of period $ — $ 1,485 $ 59,604 $ — $ 61,089 Condensed Supplemental Consolidating Statement of Cash Flows Three Months Ended March 31, 2015 (In thousands) Parent Guarantor Non- Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash (used in) provided by operating activities $ (8,359 ) $ 113,413 $ 12,552 $ (36,004 ) $ 81,602 Cash flows from investing activities: Additions to property, plant, and equipment (1,096 ) (18,906 ) (1,233 ) — (21,235 ) Intercompany transfer (4,138 ) (62,483 ) — 66,621 — Additions to intangible assets (3,167 ) (548 ) (126 ) — (3,841 ) Proceeds from sale of fixed assets — 100 21 — 121 Purchase of investments — — (103 ) — (103 ) Net cash (used in) provided by investing activities (8,401 ) (81,837 ) (1,441 ) 66,621 (25,058 ) Cash flows from financing activities: Net borrowing (repayment) of debt (60,000 ) (688 ) (42 ) — (60,730 ) Intercompany transfer 62,683 (32,205 ) 139 (30,617 ) — Net receipts related to stock-based award activities 5,273 — — — 5,273 Excess tax benefits from stock-based payment arrangements 3,132 — — — 3,132 Net cash provided by (used in) financing activities 11,088 (32,893 ) 97 (30,617 ) (52,325 ) Effect of exchange rate changes on cash and cash equivalents — — (1,549 ) — (1,549 ) (Decrease) increase in cash and cash equivalents (5,672 ) (1,317 ) 9,659 — 2,670 Cash and cash equivalents, beginning of period 18,706 1,690 31,585 — 51,981 Cash and cash equivalents, end of period $ 13,034 $ 373 $ 41,244 $ — $ 54,651

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2016
Subsequent Events	24. SUBSEQUENT EVENTS On April 5, 2016, the Company announced its intention to close its Ayer, Massachusetts facility. The decision to close the facility is the result of an ongoing manufacturing network analysis by the Company to maintain competitive costs, service levels, and product quality. Production is expected to cease in the first quarter of 2017 with full closure of the facility expected to occur in the third quarter of 2017. Total costs to close the facility are expected to be approximately $6.5 million, of which approximately $5.3 million is expected to be in cash. Components of the charges include non-cash asset write-offs of approximately $1.2 million, employee-related costs of approximately $2.2 million, and other closure costs of approximately $3.1 million. The Company expects to incur approximately $3.9 million of charges in 2016. On May 3, 2016, the Company announced the voluntary recall of products that may be impacted by sunflower seeds contaminated with Listeria monocytogenes (L.mono)

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Mar. 31, 2016
Aggregate Expenses Incurred Associated with Facility Closure	Below is a summary of the plant closing costs: City of Industry Closure Three Months Ended Cumulative Costs Total Expected March 31, 2016 To Date Costs (In thousands) Asset-related $ 832 $ 3,852 $ 3,852 Employee-related 582 1,744 1,890 Other closure costs 84 113 5,308 Total $ 1,498 $ 5,709 $ 11,050
Reconciliation of Liabilities	The table below presents a reconciliation of the liabilities as of March 31, 2016: City of Industry Closure Multiemployer Pension Severance Plan Withdrawal Total Liabilities (In thousands) Balance as of December 31, 2015 $ 395 $ 767 $ 1,162 Expense 582 — 582 Payments (49 ) — (49 ) Balance as of March 31, 2016 $ 928 $ 767 $ 1,695

Acquisitions (Tables)

Acquisitions (Tables) - Private brands business of ConAgra Foods	3 Months Ended
	Mar. 31, 2016
Preliminary Allocation to Net Tangible and Intangible Assets Acquired and Liabilities Assumed	We have made a preliminary allocation to net tangible and intangible assets acquired and liabilities assumed as follows: (In thousands) Cash $ 43,358 Receivables 171,008 Inventory 435,360 Property, plant, and equipment 803,491 Customer relationships 510,900 Trade names 33,000 Software 19,576 Formulas 23,200 Other assets 52,418 Goodwill 1,123,924 Assets acquired 3,216,235 Deferred taxes (132,384 ) Assumed current liabilities (244,747 ) Assumed long-term liabilities (155,545 ) Total purchase price $ 2,683,559
Business Acquisition Pro Forma Information	The following unaudited pro forma information shows the results of operations for the Company as if its acquisition of the Private Brands Business had been completed as of January 1, 2015. Adjustments have been made for the pro forma effects of depreciation and amortization of tangible and intangible assets recognized as part of the business combination, the issuance of common stock, interest expense related to the financing of the business combination, and related income taxes. Excluded from the 2016 pro forma results are $35.2 million of costs incurred by the Company in connection with the acquisition. The 2015 pro forma results include $1.3 billion in asset impairment charges incurred by the seller. The pro forma results may not necessarily reflect actual results of operations that would have been achieved, nor are they necessarily indicative of future results of operations. Three Months Ended 2016 2015 (In thousands, except per share data) Pro forma net sales $ 1,594,136 $ 1,670,398 Pro forma net income (loss) $ 18,369 $ (770,875 ) Pro forma basic earnings (loss) per common share $ 0.32 $ (13.73 ) Pro forma diluted earnings (loss) per common share $ 0.32 $ (13.73 )

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2016
Investments	March 31, December 31, 2016 2015 (In thousands) U.S. equity $ 6,641 $ 5,283 Non-U.S. equity 1,601 1,574 Fixed income 987 1,531 Total investments $ 9,229 $ 8,388

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2016
Inventories	March 31, December 31, 2016 2015 (In thousands) Raw materials and supplies $ 424,388 $ 274,007 Finished goods 575,673 331,535 LIFO reserve (21,553 ) (21,427 ) Total inventories $ 978,508 $ 584,115

Property, Plant, and Equipment

Property, Plant, and Equipment (Tables)	3 Months Ended
	Mar. 31, 2016
Property, Plant, and Equipment	March 31, December 31, 2016 2015 (In thousands) Land $ 70,007 $ 25,954 Buildings and improvements 446,152 226,134 Machinery and equipment 1,194,946 681,711 Construction in progress 87,594 24,493 Total 1,798,699 958,292 Less accumulated depreciation (452,913 ) (416,764 ) Property, plant, and equipment, net $ 1,345,786 $ 541,528

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Changes in Carrying Amount of Goodwill	Changes in the carrying amount of goodwill for the three months ended March 31, 2016 were as follows: North American Food Away Industrial Retail Grocery From Home and Export Total (In thousands) Balance at December 31, 2015 $ 1,423,441 $ 92,267 $ 134,086 $ 1,649,794 Acquisitions 1,050,383 73,541 — 1,123,924 Foreign currency exchange adjustments 7,853 767 — 8,620 Balance at March 31, 2016 $ 2,481,677 $ 166,575 $ 134,086 $ 2,782,338
Carrying Amounts of Indefinite Lives Intangible Assets Other Than Goodwill	The carrying amounts of our intangible assets with indefinite lives, other than goodwill, as of March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 December 31, (In thousands) Trademarks $ 26,568 $ 25,229 Total indefinite lived intangibles $ 26,568 $ 25,229
Gross Carrying Amounts and Accumulated Amortization of Intangible Assets, with Finite Lives	The gross carrying amounts and accumulated amortization of intangible assets, with finite lives, as of March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 December 31, 2015 Gross Accumulated Amortization Net Gross Accumulated Amortization Net (In thousands) (In thousands) Intangible assets with finite lives: Customer-related $ 1,289,106 $ (230,014 ) $ 1,059,092 $ 769,419 $ (208,962 ) $ 560,457 Contractual agreements 2,974 (2,857 ) 117 2,964 (2,831 ) 133 Trademarks 65,361 (12,194 ) 53,167 32,240 (11,091 ) 21,149 Formulas/recipes 33,775 (8,857 ) 24,918 10,471 (7,824 ) 2,647 Computer software 99,591 (44,600 ) 54,991 78,039 (40,999 ) 37,040 Total other intangibles $ 1,490,807 $ (298,522 ) $ 1,192,285 $ 893,133 $ (271,707 ) $ 621,426
Estimated Amortization Expense on Intangible Assets	Estimated amortization expense on intangible assets for 2016 and the next four years is as follows: (In thousands) 2016 $ 109,029 2017 $ 112,748 2018 $ 107,104 2019 $ 105,837 2020 $ 104,156

Accounts Payable and Accrued 38

Accounts Payable and Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2016
Accounts Payable and Accrued Expenses	March 31, December 31, 2016 2015 (In thousands) Accounts payable $ 392,822 $ 202,065 Payroll and benefits 54,899 27,467 Interest 12,244 6,241 Taxes 9,330 1,499 Health insurance, workers’ compensation, and other insurance costs 17,259 9,331 Marketing expenses 18,900 7,435 Other accrued liabilities 15,557 6,542 Total $ 521,011 $ 260,580

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Long-Term Debt	March 31, December 31, 2016 2015 (In thousands) Revolving Credit Facility $ 335,000 $ 353,000 Term Loan A 293,625 295,500 Term Loan A-1 187,500 190,000 Term Loan A-2 1,025,000 — 2022 Notes 400,000 400,000 2024 Notes 775,000 — Tax increment financing and other debt 6,174 6,002 Total outstanding debt 3,022,299 1,244,502 Deferred financing costs (38,381 ) (7,868 ) Less current portion (41,582 ) (14,893 ) Total long-term debt $ 2,942,336 $ 1,221,741

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Summary of Effect of Share-Based Compensation Awards on Weighted Average Number of Shares Outstanding Used in Calculating Diluted Earnings Per Share	The following table summarizes the effect of the share-based compensation awards on the weighted average number of shares outstanding used in calculating diluted earnings per share: Three Months Ended March 31, 2016 2015 (In thousands, except per share data) Net (loss) income $ (3,346 ) $ 17,852 Weighted average common shares outstanding 52,708 42,873 Assumed exercise/vesting of equity awards (1) — 766 Weighted average diluted common shares outstanding 52,708 43,639 Net (loss) earnings per basic share $ (0.06 ) $ 0.42 Net (loss) earnings per diluted share $ (0.06 ) $ 0.41 (1) Incremental shares from equity awards are computed using the treasury stock method. For the three months ended March 31, 2016, weighted average common shares outstanding is the same for the computations of basic and diluted earnings per share because the Company had a net loss for the period. Equity awards, excluded from our computation of diluted earnings per share because they were anti-dilutive, were 0.8 million and 0.4 million for the three months ended March 31, 2016 and 2015, respectively.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Summary of Stock Option Activity	The following table summarizes stock option activity during the three months ended March 31, 2016. Stock options generally have a three year vesting schedule, which vest one-third on each of the first three anniversaries of the grant date, and expire ten years from the grant date. Weighted Weighted Average Average Remaining Aggregate Employee Director Exercise Contractual Intrinsic Options Options Price Term (yrs) Value (In thousands) (In thousands) Outstanding, at December 31, 2015 1,918 20 $ 57.18 6.2 $ 41,793 Granted 35 — $ 80.69 Forfeited (17 ) — $ 75.78 Exercised (37 ) — $ 50.39 Outstanding, at March 31, 2016 1,899 20 $ 57.58 6.0 $ 55,998 Vested/expected to vest, at March 31, 2016 1,853 20 $ 57.08 5.9 $ 55,573 Exercisable, at March 31, 2016 1,199 20 $ 46.74 4.4 $ 48,779
Highlight of Stock Options Activity	Three Months Ended March 31, 2016 2015 (In millions) Compensation expense $ 1.6 $ 1.4 Intrinsic value of stock options exercised $ 1.3 $ 11.0 Tax benefit recognized from stock option exercises $ 0.4 $ 4.2
Summary of Restricted Stock Unit Activity	The following table summarizes the restricted stock unit activity during the three months ended March 31, 2016: Weighted Weighted Employee Average Director Average Restricted Grant Date Restricted Grant Date Stock Units Fair Value Stock Units Fair Value (In thousands) (In thousands) Outstanding, at December 31, 2015 312 $ 76.36 111 $ 52.60 Granted 151 $ 81.82 — $ — Vested (2 ) $ 75.57 — $ — Forfeited (7 ) $ 77.24 — $ — Outstanding, at March 31, 2016 454 $ 78.17 111 $ 52.60
Highlights of Restricted Stock Unit Activity	Three Months Ended March 31, 2016 2015 (In millions) Compensation expense $ 3.5 $ 2.7 Fair value of vested restricted stock units $ 0.2 $ 0.7 Tax benefit recognized from vested restricted stock units $ 0.1 $ 0.1
Summary of Performance Unit Activity	The following table summarizes the performance unit activity during the three months ended March 31, 2016: Weighted Average Performance Grant Date Units Fair Value (In thousands) Unvested, at December 31, 2015 271 $ 74.13 Granted — $ — Vested — $ — Forfeited (5 ) $ 73.88 Unvested, at March 31, 2016 266 $ 74.13
Highlight of Performance Unit Activity	Three Months Ended March 31, 2016 2015 (In millions) Compensation expense $ 1.1 $ 1.8 Fair value of vested performance units $ — $ — Tax benefit recognized from performance units vested $ — $ —

Accumulated Other Comprehensi42

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2016
Components of Accumulated Other Comprehensive Loss Net of Tax Except for Foreign Currency Translation Adjustment	Accumulated other comprehensive loss consists of the following components, all of which are net of tax, except for the foreign currency translation adjustment: Unrecognized Accumulated Foreign Pension and Other Currency Postretirement Comprehensive Translation (1) Benefits (2) Loss (In thousands) Balance at December 31, 2015 $ (100,512 ) $ (12,956 ) $ (113,468 ) Other comprehensive income 24,266 — 24,266 Reclassifications from accumulated other comprehensive loss — 258 258 Other comprehensive income 24,266 258 24,524 Balance at March 31, 2016 $ (76,246 ) $ (12,698 ) $ (88,944 ) Unrecognized Accumulated Foreign Pension and Other Currency Postretirement Comprehensive Translation (1) Benefits (2) Loss (In thousands) Balance at December 31, 2014 $ (51,326 ) $ (13,005 ) $ (64,331 ) Other comprehensive loss (26,537 ) — (26,537 ) Reclassifications from accumulated other comprehensive loss — 256 256 Other comprehensive (loss) income (26,537 ) 256 (26,281 ) Balance at March 31, 2015 $ (77,863 ) $ (12,749 ) $ (90,612 ) (1) The foreign currency translation adjustment is not net of tax, as it pertains to the Company’s permanent investment in its Canadian and Italian subsidiaries. (2) The unrecognized pension and postretirement benefits reclassification is presented net of tax of $159 thousand and $158 thousand for the three months ended March 31, 2016 and 2015, respectively. The reclassification is included in the computation of net periodic pension cost, which is recorded in the Cost of sales and General and administrative lines of the Condensed Consolidated Statements of Operations.
Reclassifications from Accumulated Other Comprehensive Income	The Condensed Consolidated Statements of Operations lines impacted by reclassifications out of Accumulated other comprehensive loss are outlined below: Affected line in Reclassifications from Accumulated The Condensed Consolidated Other Comprehensive Loss Statements of Operations Three Months Ended March 31, 2016 2015 (In thousands) Amortization of defined benefit pension items: Prior service costs $ 35 $ 36 (a) Unrecognized net loss 382 378 (a) Total before tax 417 414 Income taxes 159 158 Income taxes Net of tax $ 258 $ 256 (a) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost, and are recorded in the Cost of sales and General and administrative lines of the Condensed Consolidated Statements of Operations.

Employee Retirement and Postr43

Employee Retirement and Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2016
Pension Benefits
Components of Net Periodic Costs	Components of net periodic pension expense are as follows: Three Months Ended March 31, 2016 2015 (In thousands) Service cost $ 1,049 $ 621 Interest cost 2,980 713 Expected return on plan assets (3,226 ) (765 ) Amortization of unrecognized prior service cost 53 52 Amortization of unrecognized net loss 383 365 Net periodic pension cost $ 1,239 $ 986
Postretirement Benefits
Components of Net Periodic Costs	Components of net periodic postretirement expense are as follows: Three Months Ended March 31, 2016 2015 (In thousands) Service cost $ 16 $ 5 Interest cost 243 37 Amortization of unrecognized prior service cost (18 ) (16 ) Amortization of unrecognized net loss (1 ) 13 Net periodic postretirement cost $ 240 $ 39

Other Operating Expense, Net (T

Other Operating Expense, Net (Tables)	3 Months Ended
	Mar. 31, 2016
Other Operating Expenses	The Company incurred other operating expense for the three months ended March 31, 2016 and 2015, which consisted of the following: Three Months Ended March 31, 2016 2015 (In thousands) Restructuring $ 1,636 $ 215 Other 58 — Total other operating expense, net $ 1,694 $ 215

Supplemental Cash Flow Inform45

Supplemental Cash Flow Information (Tables)	3 Months Ended
	Mar. 31, 2016
Supplemental Cash Flow Information	Three Months Ended March 31, 2016 2015 (In thousands) Interest paid $ 17,943 $ 15,913 Income taxes paid $ 14,638 $ 496 Accrued purchase of property and equipment $ 13,942 $ 4,619 Accrued other intangible assets $ 1,894 $ 2,077

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Derivative, Fair Value, and Location on Condensed Consolidated Balance Sheet	The following table identifies the derivative, its fair value, and location on the Condensed Consolidated Balance Sheets: Fair Value Balance Sheet Location March 31, 2016 December 31, 2015 (In thousands) Asset Derivatives Commodity contracts Prepaid expenses and other current assets $ 142 $ — Foreign currency contracts Prepaid expenses and other current assets — 1,356 $ 142 $ 1,356 Liability Derivatives Commodity contracts Accounts payable and accrued expenses $ 3,498 $ 3,778 Foreign currency contracts Accounts payable and accrued expenses 3,769 — $ 7,267 $ 3,778
Gains and Losses on Derivative Contracts	We recorded the following gains and losses on our derivative contracts in the Condensed Consolidated Statements of Operations: Three Months Ended Location of Gain (Loss) March 31, Recognized in Income 2016 2015 (In thousands) Mark-to-market unrealized (loss) gain: Commodity contracts Other (expense) income, net $ 422 $ (57 ) Foreign currency contracts Other (expense) income, net (5,125 ) 474 Total unrealized (loss) gain (4,703 ) 417 Realized (loss) gain: Commodity contracts Manufacturing related to cost of sales and transportation related to selling and distribution (986 ) (844 ) Foreign currency contracts Cost of Sales 800 — Total realized (loss) (186 ) (844 ) Total (loss) $ (4,889 ) $ (427 )

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2016
Carrying Value and Fair Value of Financial Instruments	The following table presents the carrying value and fair value of our financial instruments as of March 31, 2016 and December 31, 2015: March 31, 2016 December 31, 2015 Carrying Value Fair Value Carrying Value Fair Value Level (In thousands) (In thousands) Not recorded at fair value (liability): Revolving Credit Facility $ (335,000 ) $ (328,277 ) $ (353,000 ) $ (352,932 ) 2 Term Loan A $ (293,625 ) $ (294,230 ) $ (295,500 ) $ (294,327 ) 2 Term Loan A-1 $ (187,500 ) $ (187,807 ) $ (190,000 ) $ (190,200 ) 2 Term Loan A-2 $ (1,025,000 ) $ (1,026,966 ) $ — $ — 2 2022 Notes $ (400,000 ) $ (412,000 ) $ (400,000 ) $ (383,000 ) 2 2024 Notes $ (775,000 ) $ (817,625 ) $ — $ — 2 Recorded on a recurring basis at fair value (liability) asset: Commodity contracts $ (3,356 ) $ (3,356 ) $ (3,778 ) $ (3,778 ) 2 Foreign currency contracts $ (3,769 ) $ (3,769 ) $ 1,356 $ 1,356 2 Investments $ 9,229 $ 9,229 $ 8,388 $ 8,388 1

Segment and Geographic Inform48

Segment and Geographic Information and Major Customers (Tables)	3 Months Ended
	Mar. 31, 2016
Financial Information Relating to Reportable Segments	The accounting policies of the Company’s segments are the same as those described in the summary of significant accounting policies set forth in Note 1 to the Consolidated Financial Statements contained in our Annual Report on Form 10-K for the year ended December 31, 2015. Three Months Ended 2016 2015 (In thousands) Net sales to external customers: North American Retail Grocery $ 1,019,310 $ 592,413 Food Away From Home 112,597 88,277 Industrial and Export 138,266 102,455 Total $ 1,270,173 $ 783,145 Direct operating income: North American Retail Grocery $ 127,955 $ 77,317 Food Away From Home 15,915 12,026 Industrial and Export 21,090 21,536 Total 164,960 110,879 Unallocated selling and distribution expenses (13,229 ) (3,159 ) Unallocated costs of sales (1) (12,640 ) (1,081 ) Unallocated corporate expense (120,164 ) (59,943 ) Operating income 18,927 46,696 Other expense (23,707 ) (20,895 ) (Loss) income before income taxes $ (4,780 ) $ 25,801 (1) Includes charges related to restructurings and other costs managed at corporate.
Net Sales by Major Products	The following table presents the Company’s net sales by major products for the three months ended March 31, 2016 and 2015. In 2016, as a result of the acquisition of the Private Brands Business, the Company made the following changes to its product categories: (1) Snacks was renamed Snack nuts and now includes the bars, fruit snacks, and cereal snack mixes from the Private Brands Business, (2) Dry dinners was renamed Pasta and dry dinners and now includes the dry pasta from the Private Brands Business, (3) Mexican and other sauces was renamed Sauces and now includes the sauces from the Private Brands Business, (4) Cookies and crackers was added to include the crackers, cookies, pretzels, pita chips, and candy from the Private Brands Business, and (5) Retail bakery was added to include the in-store bakery products, refrigerated dough, frozen griddle products (pancakes, waffles, and French toast), frozen bread products (breads, rolls, and biscuits), dessert products (frozen cookies and frozen cookie dough), and dry bakery mixes from the Private Brands Business. These changes did not require prior period adjustments. Three Months Ended 2016 2015 (In thousands) Products: Snack nuts $ 259,997 $ 146,499 Retail bakery 112,803 — Cereals 111,972 43,040 Beverages 107,593 111,000 Cookies and crackers 103,899 — Pasta and dry dinners 101,911 33,411 Salad dressings 93,675 84,166 Soup and infant feeding 84,850 98,808 Beverage enhancers 82,039 86,113 Sauces 76,656 58,431 Pickles 74,330 71,062 Aseptic products 26,832 24,878 Jams 20,956 11,949 Other products 12,660 13,788 Total net sales $ 1,270,173 $ 783,145

Guarantor and Non-Guarantor F49

Guarantor and Non-Guarantor Financial Information (Tables)	3 Months Ended
	Mar. 31, 2016
Condensed Supplemental Consolidating Balance Sheet	Condensed Supplemental Consolidating Balance Sheet March 31, 2016 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ 1,485 $ 59,604 $ — $ 61,089 Investments — — 9,229 — 9,229 Accounts receivable, net 702 314,416 44,626 — 359,744 Inventories, net — 873,967 104,541 — 978,508 Assets held for sale — 2,674 — — 2,674 Prepaid expenses and other current assets 17,861 10,874 21,650 — 50,385 Total current assets 18,563 1,203,416 239,650 — 1,461,629 Property, plant, and equipment, net 25,888 1,171,210 148,688 — 1,345,786 Goodwill — 2,649,928 132,410 — 2,782,338 Investment in subsidiaries 5,165,285 494,126 — (5,659,411 ) — Intercompany accounts receivable (payable), net 452,639 (417,467 ) (35,172 ) — — Deferred income taxes 19,128 — — (19,128 ) — Intangible and other assets, net 48,502 1,090,651 135,341 — 1,274,494 Total assets $ 5,730,005 $ 6,191,864 $ 620,917 $ (5,678,539 ) $ 6,864,247 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable and accrued expenses $ 22,774 $ 443,379 $ 54,858 $ — $ 521,011 Current portion of long-term debt 38,271 3,156 155 — 41,582 Total current liabilities 61,045 446,535 55,013 — 562,593 Long-term debt 2,939,473 2,548 315 — 2,942,336 Deferred income taxes — 380,811 49,388 (19,128 ) 411,071 Other long-term liabilities 10,150 196,685 22,075 — 228,910 Stockholders’ equity 2,719,337 5,165,285 494,126 (5,659,411 ) 2,719,337 Total liabilities and stockholders’ equity $ 5,730,005 $ 6,191,864 $ 620,917 $ (5,678,539 ) $ 6,864,247 Condensed Supplemental Consolidating Balance Sheet December 31, 2015 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 10,384 $ 91 $ 24,444 $ — $ 34,919 Investments — — 8,388 — 8,388 Accounts receivable, net 17 182,524 20,657 — 203,198 Inventories, net — 510,255 73,860 — 584,115 Prepaid expenses and other current assets 17,625 6,608 8,968 (16,618 ) 16,583 Total current assets 28,026 699,478 136,317 (16,618 ) 847,203 Property, plant, and equipment, net 26,294 470,639 44,595 — 541,528 Goodwill — 1,526,004 123,790 — 1,649,794 Investment in subsidiaries 2,411,532 338,849 — (2,750,381 ) — Intercompany accounts receivable (payable), net 582,267 (553,408 ) (28,859 ) — — Deferred income taxes 18,092 — — (18,092 ) — Intangible and other assets, net 46,041 504,127 114,103 — 664,271 Total assets $ 3,112,252 $ 2,985,689 $ 389,946 $ (2,785,091 ) $ 3,702,796 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable and accrued expenses $ 16,526 $ 239,316 $ 21,356 $ (16,618 ) $ 260,580 Current portion of long-term debt 11,621 3,116 156 — 14,893 Total current liabilities 28,147 242,432 21,512 (16,618 ) 275,473 Long-term debt 1,219,011 2,398 332 — 1,221,741 Deferred income taxes — 272,910 24,290 (18,092 ) 279,108 Other long-term liabilities 10,235 56,417 4,963 — 71,615 Stockholders’ equity 1,854,859 2,411,532 338,849 (2,750,381 ) 1,854,859 Total liabilities and stockholders’ equity $ 3,112,252 $ 2,985,689 $ 389,946 $ (2,785,091 ) $ 3,702,796
Condensed Supplemental Consolidating Statement of Operations	Condensed Supplemental Consolidating Statement of Operations Three Months Ended March 31, 2016 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net sales $ — $ 1,204,790 $ 133,764 $ (68,381 ) $ 1,270,173 Cost of sales — 997,120 116,871 (68,381 ) 1,045,610 Gross profit — 207,670 16,893 — 224,563 Selling, general, and administrative expense 53,716 116,414 9,976 — 180,106 Amortization 2,203 19,388 2,245 — 23,836 Other operating expense, net — 1,332 362 — 1,694 Operating (loss) income (55,919 ) 70,536 4,310 — 18,927 Interest expense 25,353 (53 ) 1,516 (1,148 ) 25,668 Interest income (2,227 ) (1,336 ) (404 ) 1,148 (2,819 ) Other expense (income), net 1 (4,665 ) 5,522 — 858 (Loss) income before income taxes (79,046 ) 76,590 (2,324 ) — (4,780 ) Income taxes (benefit) (30,030 ) 30,242 (1,646 ) — (1,434 ) Equity in net income (loss) of subsidiaries 45,670 (678 ) — (44,992 ) — Net (loss) income $ (3,346 ) $ 45,670 $ (678 ) $ (44,992 ) $ (3,346 ) Condensed Supplemental Consolidating Statement of Operations Three Months Ended March 31, 2015 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net sales $ — $ 735,766 $ 113,561 $ (66,182 ) $ 783,145 Cost of sales — 599,190 97,700 (66,182 ) 630,708 Gross profit — 136,576 15,861 — 152,437 Selling, general, and administrative expense 17,765 61,161 11,272 — 90,198 Amortization 1,827 10,878 2,623 — 15,328 Other operating expense, net — 215 — — 215 Operating (loss) income (19,592 ) 64,322 1,966 — 46,696 Interest expense 11,530 162 1,445 (1,445 ) 11,692 Interest income (1,430 ) (1,445 ) (339 ) 1,445 (1,769 ) Other (income) expense, net (4 ) 9,078 1,898 — 10,972 (Loss) income before income taxes (29,688 ) 56,527 (1,038 ) — 25,801 Income taxes (benefit) (11,336 ) 20,386 (1,101 ) — 7,949 Equity in net income of subsidiaries 36,204 63 — (36,267 ) — Net income $ 17,852 $ 36,204 $ 63 $ (36,267 ) $ 17,852
Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss)	Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss) Three Months Ended March 31, 2016 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net (loss) income $ (3,346 ) $ 45,670 $ (678 ) $ (44,992 ) $ (3,346 ) Other comprehensive income: Foreign currency translation adjustments — — 24,266 — 24,266 Pension and postretirement reclassification adjustment, net of tax — 258 — — 258 Other comprehensive income — 258 24,266 — 24,524 Equity in other comprehensive income of subsidiaries 24,524 24,266 — (48,790 ) — Comprehensive income $ 21,178 $ 70,194 $ 23,588 $ (93,782 ) $ 21,178 Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss) Three Months Ended March 31, 2015 (In thousands) Parent Guarantor Non-Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Net income $ 17,852 $ 36,204 $ 63 $ (36,267 ) $ 17,852 Other comprehensive (loss) income: Foreign currency translation adjustments — — (26,537 ) — (26,537 ) Pension and postretirement reclassification adjustment, net of tax — 256 — — 256 Other comprehensive income (loss) — 256 (26,537 ) — (26,281 ) Equity in other comprehensive (loss) of subsidiaries (26,281 ) (26,537 ) — 52,818 — Comprehensive (loss) income $ (8,429 ) $ 9,923 $ (26,474 ) $ 16,551 $ (8,429 )
Condensed Supplemental Consolidating Statement of Cash Flows	Condensed Supplemental Consolidating Statement of Cash Flows Three Months Ended March 31, 2016 (In thousands) Parent Guarantor Non- Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash provided by (used in) operating activities $ 2,642 $ 152,998 $ (19,073 ) $ (25,847 ) $ 110,720 Cash flows from investing activities: Additions to property, plant, and equipment (84 ) (23,727 ) (1,087 ) — (24,898 ) Additions to intangible assets (1,984 ) (11 ) — — (1,995 ) Intercompany transfer 94,021 2,775 — (96,796 ) — Acquisitions, less cash acquired (2,683,559 ) 337 43,021 — (2,640,201 ) Proceeds from sale of fixed assets — 40 19 — 59 Purchase of investments — — (262 ) — (262 ) Other — — (11 ) — (11 ) Net cash (used in) provided by investing activities (2,591,606 ) (20,586 ) 41,680 (96,796 ) (2,667,308 ) Cash flows from financing activities: Net borrowing (repayment) of debt 1,777,625 (771 ) (40 ) — 1,776,814 Payment of deferred financing costs (34,328 ) — — — (34,328 ) Intercompany transfer (1,840 ) (130,247 ) 9,444 122,643 — Net proceeds from issuance of common stock 835,128 — — — 835,128 Net receipts related to stock-based award activities 1,789 — — — 1,789 Excess tax benefits from stock-based compensation 206 — — — 206 Net cash provided by (used in) financing activities 2,578,580 (131,018 ) 9,404 122,643 2,579,609 Effect of exchange rate changes on cash and cash equivalents — — 3,149 — 3,149 (Decrease) increase in cash and cash equivalents (10,384 ) 1,394 35,160 — 26,170 Cash and cash equivalents, beginning of period 10,384 91 24,444 — 34,919 Cash and cash equivalents, end of period $ — $ 1,485 $ 59,604 $ — $ 61,089 Condensed Supplemental Consolidating Statement of Cash Flows Three Months Ended March 31, 2015 (In thousands) Parent Guarantor Non- Guarantor Company Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Net cash (used in) provided by operating activities $ (8,359 ) $ 113,413 $ 12,552 $ (36,004 ) $ 81,602 Cash flows from investing activities: Additions to property, plant, and equipment (1,096 ) (18,906 ) (1,233 ) — (21,235 ) Intercompany transfer (4,138 ) (62,483 ) — 66,621 — Additions to intangible assets (3,167 ) (548 ) (126 ) — (3,841 ) Proceeds from sale of fixed assets — 100 21 — 121 Purchase of investments — — (103 ) — (103 ) Net cash (used in) provided by investing activities (8,401 ) (81,837 ) (1,441 ) 66,621 (25,058 ) Cash flows from financing activities: Net borrowing (repayment) of debt (60,000 ) (688 ) (42 ) — (60,730 ) Intercompany transfer 62,683 (32,205 ) 139 (30,617 ) — Net receipts related to stock-based award activities 5,273 — — — 5,273 Excess tax benefits from stock-based payment arrangements 3,132 — — — 3,132 Net cash provided by (used in) financing activities 11,088 (32,893 ) 97 (30,617 ) (52,325 ) Effect of exchange rate changes on cash and cash equivalents — — (1,549 ) — (1,549 ) (Decrease) increase in cash and cash equivalents (5,672 ) (1,317 ) 9,659 — 2,670 Cash and cash equivalents, beginning of period 18,706 1,690 31,585 — 51,981 Cash and cash equivalents, end of period $ 13,034 $ 373 $ 41,244 $ — $ 54,651

Restructuring - Additional Info

Restructuring - Additional Information (Detail) - City of Industry California $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Plant closure expected costs	$ 11,050
Plant closure, reduction in expected costs	(800)
Expected payment in cash
Restructuring Cost and Reserve [Line Items]
Plant closure expected costs	$ 7,200

Aggregate Expenses Incurred Ass

Aggregate Expenses Incurred Associated with Facility Closure (Detail) - City of Industry California $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 1,498
Cumulative costs to date	5,709
Total expected costs	11,050
Asset Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	832
Cumulative costs to date	3,852
Total expected costs	3,852
Employee Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	582
Cumulative costs to date	1,744
Total expected costs	1,890
Other closure costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	84
Cumulative costs to date	113
Total expected costs	$ 5,308

Reconciliation of Liabilities (

Reconciliation of Liabilities (Detail) - City of Industry California $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Expense	$ 1,498
Severance
Restructuring Cost and Reserve [Line Items]
Balance as of December 31, 2015	395
Expense	582
Payments	(49)
Balance as of March 31, 2016	928
Multi-employer Pension Plan Withdrawal
Restructuring Cost and Reserve [Line Items]
Balance as of December 31, 2015	767
Balance as of March 31, 2016	767
Employee Related Costs
Restructuring Cost and Reserve [Line Items]
Balance as of December 31, 2015	1,162
Expense	582
Payments	(49)
Balance as of March 31, 2016	$ 1,695

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($)	Feb. 01, 2016	Jan. 26, 2016	Mar. 31, 2016	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Business acquisition, cost of acquired entity, purchase price, net of cash				$ 2,640,201,000
Net proceeds from issuance of stock				835,128,000
Proceeds from issuance of 2024 Notes				775,000,000
Proceeds from issuance of term loans A-2				1,025,000,000
Goodwill			$ 2,782,338,000	2,782,338,000		$ 1,649,794,000
Cost of sales				1,045,610,000	$ 630,708,000
North American Retail Grocery
Business Acquisition [Line Items]
Goodwill			2,481,677,000	2,481,677,000		1,423,441,000
Food Away From Home
Business Acquisition [Line Items]
Goodwill			166,575,000	166,575,000		$ 92,267,000
Private brands business of ConAgra Foods
Business Acquisition [Line Items]
Business acquisition, cost of acquired entity, purchase price, net of cash	$ 2,640,200,000
Net proceeds from issuance of stock	835,100,000	$ 835,100,000
Proceeds from issuance of 2024 Notes	760,700,000
Proceeds from issuance of term loans A-2	1,025,000,000
Revolving credit facility - maximum borrowing capacity	900,000,000
Net sales			506,400,000
Net income			11,500,000
Integration costs			$ 5,800,000
Goodwill	1,123,924,000
Business acquisition related costs	35,200,000
Asset impairment charges					$ 1,300,000,000
Private brands business of ConAgra Foods | Fair Value Adjustment to Inventory
Business Acquisition [Line Items]
Cost of sales				$ 8,200,000
Private brands business of ConAgra Foods | North American Retail Grocery
Business Acquisition [Line Items]
Goodwill	1,050,400,000
Private brands business of ConAgra Foods | Food Away From Home
Business Acquisition [Line Items]
Goodwill	73,500,000
Private brands business of ConAgra Foods | Customer relationships
Business Acquisition [Line Items]
Intangible asset	510,900,000
Private brands business of ConAgra Foods | Customer relationships | North American Retail Grocery
Business Acquisition [Line Items]
Intangible asset	$ 496,100,000
Finite-lived intangible assets, useful life	13 years
Private brands business of ConAgra Foods | Customer relationships | Food Away From Home
Business Acquisition [Line Items]
Intangible asset	$ 14,800,000
Finite-lived intangible assets, useful life	10 years
Private brands business of ConAgra Foods | Trade names
Business Acquisition [Line Items]
Intangible asset	$ 33,000,000
Finite-lived intangible assets, useful life	10 years
Private brands business of ConAgra Foods | Formulas/recipes
Business Acquisition [Line Items]
Intangible asset	$ 23,200,000
Finite-lived intangible assets, useful life	5 years
Private brands business of ConAgra Foods | Computer software
Business Acquisition [Line Items]
Intangible asset	$ 19,576,000
Private brands business of ConAgra Foods | Computer software | Minimum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life	1 year
Private brands business of ConAgra Foods | Computer software | Maximum
Business Acquisition [Line Items]
Finite-lived intangible assets, useful life	5 years

Purchase Price Allocation to Ne

Purchase Price Allocation to Net Tangible and Intangible Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Feb. 01, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill	$ 2,782,338		$ 1,649,794
Private brands business of ConAgra Foods
Business Acquisition [Line Items]
Cash		$ 43,358
Receivables		171,008
Inventory		435,360
Property, plant, and equipment		803,491
Other assets		52,418
Goodwill		1,123,924
Assets acquired		3,216,235
Deferred taxes		(132,384)
Assumed current liabilities		(244,747)
Assumed long-term liabilities		(155,545)
Total purchase price		2,683,559
Private brands business of ConAgra Foods | Customer relationships
Business Acquisition [Line Items]
Intangible asset		510,900
Private brands business of ConAgra Foods | Trade names
Business Acquisition [Line Items]
Intangible asset		33,000
Private brands business of ConAgra Foods | Computer software
Business Acquisition [Line Items]
Intangible asset		19,576
Private brands business of ConAgra Foods | Formulas/recipes
Business Acquisition [Line Items]
Intangible asset		$ 23,200

Business Acquisition Pro Forma

Business Acquisition Pro Forma Information (Detail) - Private brands business of ConAgra Foods - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Pro forma net sales	$ 1,594,136	$ 1,670,398
Pro forma net income (loss)	$ 18,369	$ (770,875)
Pro forma basic earnings (loss) per common share	$ 0.32	$ (13.73)
Pro forma diluted earnings (loss) per common share	$ 0.32	$ (13.73)

Investments (Detail)

Investments (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment [Line Items]
Total investments	$ 9,229	$ 8,388
Equity | United States
Investment [Line Items]
Total investments	6,641	5,283
Equity | Non-U.S.
Investment [Line Items]
Total investments	1,601	1,574
Fixed Income
Investment [Line Items]
Total investments	$ 987	$ 1,531

Investments - Additional Inform

Investments - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Investment [Line Items]
Cash and cash equivalents	$ 61,089	$ 54,651	$ 34,919	$ 51,981
Net unrealized investment gain (losses)	(11)	$ 259
Realized gain on investments	100
Interest expense
Investment [Line Items]
Net unrealized investment gain (losses)	300
Interest income
Investment [Line Items]
Net unrealized investment gain (losses)	300
Foreign Jurisdictions
Investment [Line Items]
Cash and cash equivalents	$ 59,600		$ 24,400

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
Raw materials and supplies	$ 424,388	$ 274,007
Finished goods	575,673	331,535
LIFO reserve	(21,553)	(21,427)
Total inventories	$ 978,508	$ 584,115

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
LIFO inventory	$ 66.5	$ 88.1
Net inventory accounted for under the weighted average cost method	$ 118.8	$ 128.9

Property, Plant, and Equipmen60

Property, Plant, and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Land	$ 70,007	$ 25,954
Buildings and improvements	446,152	226,134
Machinery and equipment	1,194,946	681,711
Construction in progress	87,594	24,493
Total	1,798,699	958,292
Less accumulated depreciation	(452,913)	(416,764)
Property, plant, and equipment, net	$ 1,345,786	$ 541,528

Property, Plant, and Equipmen61

Property, Plant, and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 35,629	$ 15,405

Changes in Carrying Amount of G

Changes in Carrying Amount of Goodwill (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Goodwill [Line Items]
Beginning Balance	$ 1,649,794
Foreign currency exchange adjustments	1,123,924
Purchase price adjustments	8,620
Ending Balance	2,782,338
North American Retail Grocery
Goodwill [Line Items]
Beginning Balance	1,423,441
Foreign currency exchange adjustments	1,050,383
Purchase price adjustments	7,853
Ending Balance	2,481,677
Food Away From Home
Goodwill [Line Items]
Beginning Balance	92,267
Foreign currency exchange adjustments	73,541
Purchase price adjustments	767
Ending Balance	166,575
Industrial and Export
Goodwill [Line Items]
Beginning Balance	134,086
Ending Balance	$ 134,086

Goodwill and Intangible Asset63

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment loss	$ 0
Amortization expense on intangible assets	23,836,000	$ 15,328,000
Total intangible assets, excluding goodwill	$ 1,218,853,000		$ 646,655,000

Carrying Amounts of Intangible

Carrying Amounts of Intangible Assets with Indefinite Lives Other Than Goodwill (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Indefinite-lived Intangible Assets [Line Items]
Indefinite lived intangibles	$ 26,568	$ 25,229
Trademarks
Indefinite-lived Intangible Assets [Line Items]
Indefinite lived intangibles	$ 26,568	$ 25,229

Gross Carrying Amounts and Accu

Gross Carrying Amounts and Accumulated Amortization of Intangible Assets, with Finite Lives (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,490,807	$ 893,133
Accumulated Amortization	(298,522)	(271,707)
Net Carrying Amount	1,192,285	621,426
Customer-related Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,289,106	769,419
Accumulated Amortization	(230,014)	(208,962)
Net Carrying Amount	1,059,092	560,457
Contractual agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,974	2,964
Accumulated Amortization	(2,857)	(2,831)
Net Carrying Amount	117	133
Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	65,361	32,240
Accumulated Amortization	(12,194)	(11,091)
Net Carrying Amount	53,167	21,149
Formulas/recipes
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	33,775	10,471
Accumulated Amortization	(8,857)	(7,824)
Net Carrying Amount	24,918	2,647
Computer software
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	99,591	78,039
Accumulated Amortization	(44,600)	(40,999)
Net Carrying Amount	$ 54,991	$ 37,040

Estimated Amortization Expense

Estimated Amortization Expense on Intangible Assets (Detail) $ in Thousands	Mar. 31, 2016USD ($)
Finite-Lived Intangible Assets [Line Items]
2,016	$ 109,029
2,017	112,748
2,018	107,104
2,019	105,837
2,020	$ 104,156

Accounts Payable and Accrued 67

Accounts Payable and Accrued Expenses (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts Payable and Accrued Liabilities [Line Items]
Accounts payable	$ 392,822	$ 202,065
Payroll and benefits	54,899	27,467
Interest	12,244	6,241
Taxes	9,330	1,499
Health insurance, workers' compensation, and other insurance costs	17,259	9,331
Marketing expenses	18,900	7,435
Other accrued liabilities	15,557	6,542
Total	$ 521,011	$ 260,580

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Taxes [Line Items]
Effective income tax rate	30.00%	30.80%
Decrease in total amount of unrecognized tax benefits within the next 12 months	$ 17.5
Unrecognized tax benefits that would affect effective tax rate	$ 0.2

Long-Term Debt (Detail)

Long-Term Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Tax increment financing and other debt	$ 6,174	$ 6,002
Total outstanding debt	3,022,299	1,244,502
Deferred financing costs	(38,381)	(7,868)
Less current portion	(41,582)	(14,893)
Total long-term debt	2,942,336	1,221,741
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility	335,000	353,000
Term Loan A
Debt Instrument [Line Items]
Term Loan	293,625	295,500
Term Loan A-1
Debt Instrument [Line Items]
Term Loan	187,500	190,000
Term Loan A 2
Debt Instrument [Line Items]
Term Loan	1,025,000
2022 Notes
Debt Instrument [Line Items]
Senior notes	400,000	$ 400,000
2024 Notes
Debt Instrument [Line Items]
Senior notes	$ 775,000

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Millions	Feb. 01, 2016	Mar. 31, 2016
Debt Instrument [Line Items]
Fees related to amended and restated credit agreement		$ 20.3
Average interest rate on debt outstanding		2.54%
Term Loan A 2
Debt Instrument [Line Items]
Debt instrument, leverage ratio	350.00%
Term loan maturity date	Feb. 1, 2021
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility maturity date	Feb. 1, 2021
Term Loan A
Debt Instrument [Line Items]
Term loan maturity date	Feb. 1, 2021
Term Loan A-1
Debt Instrument [Line Items]
Term loan maturity date	Feb. 1, 2021

Long-Term Debt - Additional I71

Long-Term Debt - Additional Information - Revolving Credit Facility (Detail) - USD ($)	Feb. 01, 2016	Mar. 31, 2016
Direct And Indirect Guarantor Subsidiaries
Debt Instrument [Line Items]
Ownership percentage of direct and indirect guarantor subsidiary		100.00%
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility available		$ 511,900,000
Revolving credit facility - maximum borrowing capacity	$ 900,000,000
Letters of credit facility issued but undrawn		$ 53,100,000
Revolving credit availability reduced by undrawn letters of credit		There were $53.1 million in letters of credit under the Revolving Credit Facility that were issued but undrawn, which have been included as a reduction to the calculation of available credit.
Minimum payment default amount that triggers a Cross default provision	$ 75,000,000
Revolving Credit Facility | Prior Credit Agreement
Debt Instrument [Line Items]
Term loan maturity date	May 6, 2019
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options	The interest rates under the Amended and Restated Credit Agreement are based on the Company's consolidated leverage ratio
Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.25%
Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.00%
Revolving Credit Facility | Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options	The interest rates under the Credit Agreement are based on the Company's consolidated leverage ratio
Revolving Credit Facility | Base Rate Margin | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.25%
Revolving Credit Facility | Base Rate Margin | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.00%

Long-Term Debt - Additional I72

Long-Term Debt - Additional Information - Term Loan A (Detail) - Term Loan A - USD ($) $ in Thousands	Feb. 01, 2016	May. 06, 2014	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Term loan maturity date	Feb. 1, 2021
Term loan - issuance amount		$ 300,000
Frequency of payments		Quarterly
Term loans			$ 293,625	$ 295,500
Prior Credit Agreement
Debt Instrument [Line Items]
Term loan maturity date		May 6, 2021
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options		The interest rates applicable to Term Loan A are based on the Company's consolidated leverage ratio
London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.25%
London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		3.00%
Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options		The interest rates applicable to Term Loan A are based on the Company's consolidated leverage ratio
Base Rate Margin | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.25%
Base Rate Margin | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		2.00%

Long-Term Debt - Additional I73

Long-Term Debt - Additional Information - Term Loan A-1 (Detail) - Term Loan A-1 - USD ($) $ in Thousands	Feb. 01, 2016	Jul. 29, 2014	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Term loan maturity date	Feb. 1, 2021
Term loan - issuance amount		$ 200,000
Term loans			$ 187,500	$ 190,000
Payment frequency		Quarterly
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options		The interest rates applicable to Term Loan A-1 are based on the Company's consolidated leverage ratio
London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.25%
London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		3.00%
Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options		The interest rates applicable to Term Loan A-1 are based on the Company's consolidated leverage ratio
Base Rate Margin | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.25%
Base Rate Margin | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		2.00%
Prior Credit Agreement
Debt Instrument [Line Items]
Term loan maturity date		May 6, 2019

Long-Term Debt - Additional I74

Long-Term Debt - Additional Information - Term Loan A-2 (Detail) - Term Loan A 2 - USD ($) $ in Thousands	Feb. 01, 2016	Mar. 31, 2016
Debt Instrument [Line Items]
Term loan maturity date	Feb. 1, 2021
Term loan - issuance amount	$ 1,025,000
Term loans		$ 1,025,000
Payment frequency	Quarterly
Payment start date	Jun. 30, 2016
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of interest rate options	The interest rates applicable to Term Loan A-2 are based on the Company's consolidated leverage ratio
London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.25%
London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.00%
Base Rate Margin
Debt Instrument [Line Items]
Description of interest rate options	The interest rates applicable to Term Loan A-2 are based on the Company's consolidated leverage ratio
Base Rate Margin | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.25%
Base Rate Margin | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.00%

Long-Term Debt - Additional I75

Long-Term Debt - Additional Information - 2022 Notes (Detail) - USD ($) $ in Millions	Mar. 11, 2014	Mar. 31, 2016	Mar. 31, 2014
2022 Notes
Debt Instrument [Line Items]
Gross proceeds from issuance of debt	$ 400
Underwriting discount	6
Net proceeds from issuance of debt	$ 394
Stated debt interest rate	4.875%
Effective interest rate on senior notes	4.99%
Term loan maturity date	Mar. 15, 2022
Redemption prices, plus accrued and unpaid interest, Percentage		101.00%
Senior notes, early redemption description		In the event of a change in control of the Company, the Company will be required to make an offer to purchase the 2022 Notes at a purchase price equal to 101% of the principal amount of the 2022 Notes, plus accrued and unpaid interest up to the purchase date.
2018 Notes
Debt Instrument [Line Items]
Stated debt interest rate	7.75%		7.75%
Term loan maturity date			Mar. 1, 2018
Debt Instrument, Redemption, Period One | 2022 Notes
Debt Instrument [Line Items]
Redemption prices, plus accrued and unpaid interest, Percentage		100.00%
Senior notes, early redemption end date		Mar. 14, 2017
Senior notes, early redemption description		The Company may redeem some or all of the 2022 Notes at any time prior to March 15, 2017 at a price equal to 100% of the principal amount of the 2022 Notes redeemed, plus an applicable "make-whole" premium.
Debt Instrument, Redemption, Period Two | 2022 Notes
Debt Instrument [Line Items]
Redemption prices, plus accrued and unpaid interest, Percentage		104.875%
Senior notes, early redemption end date		Mar. 15, 2017
Senior notes, early redemption description		In addition, at any time prior to March 15, 2017, the Company may redeem up to 35% of the 2022 Notes at a redemption price of 104.875% of the principal amount of the 2022 Notes redeemed with the net cash proceeds of certain equity offerings.
Senior notes, redemption rate of principal amount		35.00%
Debt Instrument, Redemption, Period Three | 2022 Notes
Debt Instrument [Line Items]
Senior notes, early redemption description		On or after March 15, 2017, the Company may redeem some or all of the 2022 Notes at redemption prices set forth in the Indenture.
Senior notes, early redemption start date		Mar. 15, 2017

Long-Term Debt - Additional I76

Long-Term Debt - Additional Information - 2024 Notes (Detail) - USD ($) $ in Millions	Jan. 29, 2016	Mar. 31, 2016
2024 Notes
Debt Instrument [Line Items]
Aggregate principal amount	$ 775
Stated debt interest rate	6.00%
Term loan maturity date	Feb. 15, 2024
Net proceeds from the issuance of the 2024 Notes	$ 760.7
Effective interest rate on senior notes	6.23%
Interest payment dates of 2024 Notes	February 15 and August 15 of each year, beginning August 15, 2016
Senior notes, redemption rate of principal amount		101.00%
2024 Notes | Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Senior notes, early redemption description		The Company may redeem some or all of the 2024 Notes at any time on or after February 15, 2019 at the applicable redemption prices described in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date
Senior notes, early redemption start date		Feb. 15, 2019
2024 Notes | Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Senior notes, early redemption description		In addition, prior to February 15, 2019, the Company may redeem all or a portion of the 2024 Notes at a price equal to 100% of the principal amount plus the "make-whole" premium set forth in the Indenture plus accrued and unpaid interest, if any, up to but not including the redemption date.
Senior notes, redemption rate of principal amount		100.00%
Senior notes, early redemption end date		Feb. 15, 2019
2024 Notes | Debt Instrument, Redemption, Period Three
Debt Instrument [Line Items]
Senior notes, early redemption description		The Company may also redeem up to 40% of the 2024 Notes prior to February 15, 2019 with the net cash proceeds received from certain equity offerings at the redemption price set forth in the Indenture.
Senior notes, redemption rate of principal amount		40.00%
Senior notes, early redemption end date		Feb. 15, 2019
2022 Notes and 2024 Notes
Debt Instrument [Line Items]
Indenture accreted amount due and payable percentage		25.00%

Long-Term Debt - Additional I77

Long-Term Debt - Additional Information - Tax Increment Financing (Detail) - Tax Increment Financing - USD ($) $ in Millions	Dec. 15, 2001	Mar. 31, 2016
Debt Instrument [Line Items]
Tax Increment Financing - issuance amount	$ 4
Maturity Date		May 1, 2019
Tax increment financing		$ 1.3
Stated debt interest rate		7.16%
Discussion on use of funds	On December 15, 2001, the Urban Redevelopment Authority of Pittsburgh ("URA") issued $4.0 million of redevelopment bonds, pursuant to a "Tax Increment Financing Plan" to assist with certain aspects of the development and construction of the Company's Pittsburgh, Pennsylvania facilities. The agreement was transferred to the Company as part of the acquisition of the soup and infant feeding business.

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Feb. 01, 2016	Jan. 26, 2016	Mar. 31, 2016	Dec. 31, 2015
Stockholders Equity Note [Line Items]
Common stock, shares authorized			90,000,000	90,000,000
Common stock, par value			$ 0.01	$ 0.01
Proceeds from issuance of stock			$ 835,128
Net proceeds recorded in additional paid-in capital			$ 2,050,334	$ 1,207,167
Common stock, shares issued			56,433,000	43,126,000
Common stock, shares outstanding			56,433,000	43,126,000
Preferred stock, shares authorized			10,000,000	10,000,000
Preferred stock, par value			$ 0.01	$ 0.01
Private brands business of ConAgra Foods
Stockholders Equity Note [Line Items]
Shares issuable, in relation to the acquisition, shares		13,269,230
Shares issuable, in relation to the acquisition, price per share		$ 65
Shares issuable, in relation to the acquisition, value		$ 862,500
Proceeds from issuance of stock	$ 835,100	835,100
Net proceeds recorded in additional paid-in capital		835,000
Net proceeds recorded in common stock at par value		$ 100

Summary of Effect of Share-Base

Summary of Effect of Share-Based Compensation Awards on Weighted Average Number of Shares Outstanding Used in Calculating Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Schedule of Weighted Average Number of Diluted Shares Outstanding [Line Items]
Net (loss) income		$ (3,346)	$ 17,852
Weighted average common shares outstanding		52,708	42,873
Assumed exercise/vesting of equity awards	[1]		766
Weighted average diluted common shares outstanding		52,708	43,639
Net (loss) earnings per basic share		$ (0.06)	$ 0.42
Net (loss) earnings per diluted share		$ (0.06)	$ 0.41
[1]	Incremental shares from equity awards are computed using the treasury stock method. For the three months ended March 31, 2016, weighted average common shares outstanding is the same for the computations of basic and diluted earnings per share because the Company had a net loss for the period. Equity awards, excluded from our computation of diluted earnings per share because they were anti-dilutive, were 0.8 million and 0.4 million for the three months ended March 31, 2016 and 2015, respectively.

Summary of Effect of Share-Ba80

Summary of Effect of Share-Based Compensation Awards on Weighted Average Number of Shares Outstanding Used in Calculating Diluted Earnings Per Share (Parenthetical) (Detail) - shares shares in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of Weighted Average Number of Diluted Shares Outstanding [Line Items]
Equity awards, excluded from computation of diluted earnings	0.8	0.4

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 6,177	$ 5,949
Tax benefit recognized related to the compensation cost of share-based awards	$ 2,200	$ 2,100
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting period	3 years
Share based compensation arrangement, award expiration period	10 years
Compensation costs, unrecognized	$ 9,600
Compensation costs, recognition weighted average remaining period (in years)	1 year 10 months 24 days
Weighted average expected volatility	25.21%
Weighted average risk-free interest rate	1.51%
Expected term	6 years
Expected dividends	0.00%
Weighted average grant date fair	$ 22.41
Employee Stock Option | Year One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Stock Option | Year Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Stock Option | Year Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Restricted Stock Units | Year One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Restricted Stock Units | Year Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Employee Restricted Stock Units | Year Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting percentage	33.33%
Director Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock units, earned and deferred	95,000
Employee Restricted Stock Units and Director Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation costs, unrecognized	$ 23,700
Compensation costs, recognition weighted average remaining period (in years)	2 years 1 month 6 days
Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, award vesting period	3 years
Compensation costs, unrecognized	$ 6,500
Compensation costs, recognition weighted average remaining period (in years)	1 year 8 months 12 days
Performance Units | Each of the three performance periods | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Predefined percentage for calculation of performance unit awards	0.00%
Performance Units | Each of the three performance periods | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Predefined percentage for calculation of performance unit awards	200.00%
Performance Units | Cumulative performance period | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Predefined percentage for calculation of performance unit awards	0.00%
Performance Units | Cumulative performance period | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Predefined percentage for calculation of performance unit awards	200.00%
TreeHouse Foods, Inc. Equity and Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares available to be awarded	12,300,000
Shares available	3,000,000

Summary of Stock Option Activit

Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Employee And Director Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	$ 57.18
Granted	80.69
Forfeited	75.78
Exercised	50.39
Outstanding, Ending Balance	57.58	$ 57.18
Vested/expect to vest, at December 31, 2015	57.08
Exercisable, at December 31, 2015	$ 46.74
Outstanding, Ending Balance	6 years	6 years 2 months 12 days
Vested/expected to vest, at March 31, 2016	5 years 10 months 24 days
Exercisable, at March 31, 2016	4 years 4 months 24 days
Outstanding, Beginning Balance	$ 41,793
Outstanding, Ending Balance	55,998	$ 41,793
Vested/expected to vest, at March 31, 2016	55,573
Exercisable, at March 31, 2016	$ 48,779
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	1,918
Granted	35
Forfeited	(17)
Exercised	(37)
Outstanding, Ending Balance	1,899	1,918
Vested/expected to vest, at March 31, 2016	1,853
Exercisable, at March 31, 2016	1,199
Director Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning Balance	20
Outstanding, Ending Balance	20	20
Vested/expected to vest, at March 31, 2016	20
Exercisable, at March 31, 2016	20

Summary of Employee and Directo

Summary of Employee and Director Stock Option Highlights (Detail) - Employee And Director Stock Option - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 1.6	$ 1.4
Intrinsic value of stock options exercised	1.3	11
Tax benefit recognized from stock option exercises	$ 0.4	$ 4.2

Summary of Restricted Stock and

Summary of Restricted Stock and Restricted Stock Unit Activity (Detail) shares in Thousands	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Employee Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance | shares	312
Granted | shares	151
Vested | shares	(2)
Forfeited | shares	(7)
Ending Balance | shares	454
Beginning Balance | $ / shares	$ 76.36
Granted | $ / shares	81.82
Vested | $ / shares	75.57
Forfeited | $ / shares	77.24
Ending Balance | $ / shares	$ 78.17
Director Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance | shares	111
Ending Balance | shares	111
Beginning Balance | $ / shares	$ 52.60
Ending Balance | $ / shares	$ 52.60

Summary of Employee and Direc85

Summary of Employee and Director Restricted Stock and Restricted Stock Highlights (Detail) - Employee Restricted Stock Units and Director Restricted Stock Units - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 3.5	$ 2.7
Fair value of vested restricted stock units	0.2	0.7
Tax benefit recognized from vested restricted stock units	$ 0.1	$ 0.1

Summary of Performance Unit Act

Summary of Performance Unit Activity (Detail) - Performance Units	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance | shares	271,000
Granted | shares	0
Vested | shares	0
Forfeited | shares	(5,000)
Ending Balance | shares	266,000
Beginning Balance | $ / shares	$ 74.13
Granted | $ / shares	0
Vested | $ / shares	0
Forfeited | $ / shares	73.88
Ending Balance | $ / shares	$ 74.13

Summary of Performance Unit Hig

Summary of Performance Unit Highlights (Detail) - Performance Units - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 1.1	$ 1.8
Fair value of vested performance units	0	0
Tax benefit recognized from performance units vested	$ 0	$ 0

Components of Accumulated Other

Components of Accumulated Other Comprehensive Loss Net of Tax Except for Foreign Currency Translation Adjustment (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance		$ (113,468)	$ (64,331)
Other comprehensive income		24,266	(26,537)
Reclassifications from accumulated other comprehensive loss		258	256
Other comprehensive (loss) income		24,524	(26,281)
Ending Balance		(88,944)	(90,612)
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	[1]	(100,512)	(51,326)
Other comprehensive income	[1]	24,266	(26,537)
Other comprehensive (loss) income	[1]	24,266	(26,537)
Ending Balance	[1]	(76,246)	(77,863)
Unrecognized Pension and Postretirement Benefits
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	[2]	(12,956)	(13,005)
Reclassifications from accumulated other comprehensive loss	[2]	258	256
Other comprehensive (loss) income	[2]	258	256
Ending Balance	[2]	$ (12,698)	$ (12,749)
[1]	The foreign currency translation adjustment is not net of tax, as it pertains to the Company's permanent investment in its Canadian and Italian subsidiaries.
[2]	The unrecognized pension and postretirement benefits reclassification is presented net of tax of $159 thousand and $158 thousand for the three months ended March 31, 2016 and 2015, respectively. The reclassification is included in the computation of net periodic pension cost, which is recorded in the Cost of sales and General and administrative lines of the Condensed Consolidated Statements of Operations.

Components of Accumulated Oth89

Components of Accumulated Other Comprehensive Loss Net of Tax Except for Foreign Currency Translation Adjustment (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and post-retirement reclassification adjustment, tax	$ 159	$ 158

Reclassifications from Accumula

Reclassifications from Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
(Loss) income before income taxes		$ (4,780)	$ 25,801
Income taxes		(1,434)	7,949
Net (loss) income		(3,346)	17,852
Reclassification out of Accumulated Other Comprehensive Income | Unrecognized Pension and Postretirement Benefits
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Prior service costs	[1]	35	36
Unrecognized net loss	[1]	382	378
(Loss) income before income taxes		417	414
Income taxes		159	158
Net (loss) income		$ 258	$ 256
[1]	These accumulated other comprehensive loss components are included in the computation of net periodic pension cost, and are recorded in the Cost of sales and General and administrative lines of the Condensed Consolidated Statements of Operations.

Employee Retirement and Postr91

Employee Retirement and Postretirement Benefits - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)	Feb. 01, 2016USD ($)plan
Private brands business of ConAgra Foods
Defined Benefit Plan Disclosure [Line Items]
Number of pension plans acquired | plan		3
Number of postretirement benefit plan acquired | plan		1
Net unfunded liability associated with pension and postretirement benefit plans		$ (76.1)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Expected contribution for benefit plans in the current fiscal year	$ 2.4
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Expected contribution for benefit plans in the current fiscal year	$ 0.2

Components of Net Periodic Cost

Components of Net Periodic Costs (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Pension Benefits
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	$ 1,049	$ 621
Interest cost	2,980	713
Expected return on plan assets	(3,226)	(765)
Amortization of unrecognized prior service cost	53	52
Amortization of unrecognized net loss	383	365
Net periodic pension cost	1,239	986
Postretirement Benefits
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	16	5
Interest cost	243	37
Amortization of unrecognized prior service cost	(18)	(16)
Amortization of unrecognized net loss	(1)	13
Net periodic pension cost	$ 240	$ 39

Other Operating Expense (Detail

Other Operating Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Other Operating Income Expense Net [Line Items]
Restructuring	$ 1,636	$ 215
Other	58
Total other operating expense, net	$ 1,694	$ 215

Supplemental Cash Flow Inform94

Supplemental Cash Flow Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of Cash Flow, Supplemental [Line Items]
Interest paid	$ 17,943	$ 15,913
Income taxes paid	14,638	496
Accrued purchase of property and equipment	13,942	4,619
Accrued other intangible assets	$ 1,894	$ 2,077

Supplemental Cash Flow Inform95

Supplemental Cash Flow Information - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of Cash Flow, Supplemental [Line Items]
Restricted stock, restricted stock units and performance units, vesting shares	$ 0.2	$ 0.7

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)DTHgalMWlbbu
Foreign Currency Contract
Derivative [Line Items]
Derivative notional amount | $	$ 63,100,000
Derivative, expiration period	Expiring throughout 2016
Electricity Contract
Derivative [Line Items]
Derivative, expiration period	Throughout 2,016
Notional amount outstanding | MW	44,270
Diesel Contract
Derivative [Line Items]
Derivative, expiration period	Throughout 2,016
Notional amount outstanding | gal	3,700,000
Natural Gas Contract
Derivative [Line Items]
Derivative, expiration period	Throughout 2,016
Notional amount outstanding | DTH	1,700,000
Coffee Contract
Derivative [Line Items]
Derivative, expiration period	Throughout 2,016
Notional amount outstanding | lb	1,000,000
Cucumber Contract
Derivative [Line Items]
Derivative, expiration period	Throughout 2,016
Notional amount outstanding | bu	600,000
Flour Contract
Derivative [Line Items]
Derivative, expiration period	Throughout 2,016
Notional amount outstanding | bu	1,400,000
Plastics Contracts
Derivative [Line Items]
Derivative, expiration period	Throughout 2,016
Notional amount outstanding | lb	16,200,000

Derivative, Fair Value, and Loc

Derivative, Fair Value, and Location on Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Asset derivative, fair value	$ 142	$ 1,356
Liability derivative, fair value	7,267	3,778
Commodity contracts | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Asset derivative, fair value	142
Commodity contracts | Accounts payable and accrued expenses
Derivatives, Fair Value [Line Items]
Liability derivative, fair value	3,498	3,778
Foreign Currency Contract | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Asset derivative, fair value		$ 1,356
Foreign Currency Contract | Accounts payable and accrued expenses
Derivatives, Fair Value [Line Items]
Liability derivative, fair value	$ 3,769

Gains and Losses on Derivative

Gains and Losses on Derivative Contracts (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Mark to market unrealized (loss) gain, commodity	$ (4,703)	$ 417
Realized (loss) gain	(186)	(844)
Total (loss)	(4,889)	(427)
Commodity contracts | Other (expense) income, net
Derivative Instruments, Gain (Loss) [Line Items]
Mark to market unrealized (loss) gain, commodity	422	(57)
Commodity contracts | Selling and distribution
Derivative Instruments, Gain (Loss) [Line Items]
Realized (loss) gain	(986)	(844)
Foreign Currency Contract | Other (expense) income, net
Derivative Instruments, Gain (Loss) [Line Items]
Mark to market unrealized gain (loss), foreign currency	(5,125)	$ 474
Foreign Currency Contract | Cost of Sales
Derivative Instruments, Gain (Loss) [Line Items]
Realized (loss) gain	$ 800

Carrying Value and Fair Value o

Carrying Value and Fair Value of Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liability	$ (7,267)	$ (3,778)
Carrying Value | Fair Value, Inputs, Level 2 | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving Credit Facility	(335,000)	(353,000)
Carrying Value | Fair Value, Inputs, Level 2 | Term Loan A
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(293,625)	(295,500)
Carrying Value | Fair Value, Inputs, Level 2 | Term Loan A-1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(187,500)	(190,000)
Carrying Value | Fair Value, Inputs, Level 2 | Term Loan A 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(1,025,000)
Carrying Value | Fair Value, Inputs, Level 2 | 2022 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(400,000)	(400,000)
Carrying Value | Fair Value, Inputs, Level 2 | Senior Notes Due Two Thousand Twenty Four [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(775,000)
Carrying Value | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	9,229	8,388
Carrying Value | Fair Value, Measurements, Recurring | Commodity contracts | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liability	(3,356)	(3,778)
Carrying Value | Fair Value, Measurements, Recurring | Foreign Currency Contract | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	(3,769)	1,356
Fair Value | Fair Value, Inputs, Level 2 | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Revolving Credit Facility	(328,277)	(352,932)
Fair Value | Fair Value, Inputs, Level 2 | Term Loan A
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(294,230)	(294,327)
Fair Value | Fair Value, Inputs, Level 2 | Term Loan A-1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(187,807)	(190,200)
Fair Value | Fair Value, Inputs, Level 2 | Term Loan A 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term Loan	(1,026,966)
Fair Value | Fair Value, Inputs, Level 2 | 2022 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(412,000)	(383,000)
Fair Value | Fair Value, Inputs, Level 2 | Senior Notes Due Two Thousand Twenty Four [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes	(817,625)
Fair Value | Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	9,229	8,388
Fair Value | Fair Value, Measurements, Recurring | Commodity contracts | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liability	(3,356)	(3,778)
Fair Value | Fair Value, Measurements, Recurring | Foreign Currency Contract | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets (liability)	$ (3,769)	$ 1,356

Financial Information Relating

Financial Information Relating to Reportable Segments (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Net sales		$ 1,270,173	$ 783,145
Direct operating income		164,960	110,879
selling and distribution expenses		(85,472)	(45,798)
Costs of sales		(1,045,610)	(630,708)
Operating (loss) income		18,927	46,696
Other expense		(23,707)	(20,895)
(Loss) income before income taxes		(4,780)	25,801
North American Retail Grocery
Segment Reporting Information [Line Items]
Net sales		1,019,310	592,413
Direct operating income		127,955	77,317
Food Away From Home
Segment Reporting Information [Line Items]
Net sales		112,597	88,277
Direct operating income		15,915	12,026
Industrial and Export
Segment Reporting Information [Line Items]
Net sales		138,266	102,455
Direct operating income		21,090	21,536
Unallocated Amount to Segment
Segment Reporting Information [Line Items]
selling and distribution expenses		(13,229)	(3,159)
Costs of sales	[1]	(12,640)	(1,081)
Corporate expense		$ (120,164)	$ (59,943)
[1]	Includes charges related to restructurings and other costs managed at corporate.

Segment and Geographic Infor101

Segment and Geographic Information and Major Customers - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Walmart Stores, Inc. and affiliates | Sales Revenue, Net | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	18.80%	21.10%
Outside of the United States | Sales Revenue, Net | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	8.70%	11.00%
Outside of the United States | Property, Plant and Equipment | Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	10.80%	8.70%
Canada | Sales Revenue, Net | Geographic Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	7.30%	10.00%

Net Sale by Major Products (Det

Net Sale by Major Products (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Net sales	$ 1,270,173	$ 783,145
Snack Nuts
Segment Reporting Information [Line Items]
Net sales	259,997	146,499
Retail Bakery
Segment Reporting Information [Line Items]
Net sales	112,803
Cereals
Segment Reporting Information [Line Items]
Net sales	111,972	43,040
Beverages
Segment Reporting Information [Line Items]
Net sales	107,593	111,000
Cookies and Crackers
Segment Reporting Information [Line Items]
Net sales	103,899
Pasta and Dry Dinners
Segment Reporting Information [Line Items]
Net sales	101,911	33,411
Salad Dressings
Segment Reporting Information [Line Items]
Net sales	93,675	84,166
Soup and infant feeding
Segment Reporting Information [Line Items]
Net sales	84,850	98,808
Beverage Enhancers
Segment Reporting Information [Line Items]
Net sales	82,039	86,113
Sauces
Segment Reporting Information [Line Items]
Net sales	76,656	58,431
Pickles
Segment Reporting Information [Line Items]
Net sales	74,330	71,062
Aseptic products
Segment Reporting Information [Line Items]
Net sales	26,832	24,878
Jams
Segment Reporting Information [Line Items]
Net sales	20,956	11,949
Other products
Segment Reporting Information [Line Items]
Net sales	$ 12,660	$ 13,788

Condensed Supplemental Consolid

Condensed Supplemental Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 61,089	$ 34,919	$ 54,651	$ 51,981
Investments	9,229	8,388
Accounts receivable, net	359,744	203,198
Inventories, net	978,508	584,115
Assets held for sale	2,674
Prepaid expenses and other current assets	50,385	16,583
Total current assets	1,461,629	847,203
Property, plant, and equipment, net	1,345,786	541,528
Goodwill	2,782,338	1,649,794
Intangible and other assets, net	1,274,494	664,271
Total assets	6,864,247	3,702,796
Current liabilities:
Accounts payable and accrued expenses	521,011	260,580
Current portion of long-term debt	41,582	14,893
Total current liabilities	562,593	275,473
Long-term debt	2,942,336	1,221,741
Deferred income taxes	411,071	279,108
Other long-term liabilities	228,910	71,615
Stockholders' equity	2,719,337	1,854,859
Total liabilities and stockholders' equity	6,864,247	3,702,796
Eliminations
Current assets:
Prepaid expenses and other current assets		(16,618)
Total current assets		(16,618)
Investment in subsidiaries	(5,659,411)	(2,750,381)
Deferred income taxes	(19,128)	(18,092)
Total assets	(5,678,539)	(2,785,091)
Current liabilities:
Accounts payable and accrued expenses		(16,618)
Total current liabilities		(16,618)
Deferred income taxes	(19,128)	(18,092)
Stockholders' equity	(5,659,411)	(2,750,381)
Total liabilities and stockholders' equity	(5,678,539)	(2,785,091)
Parent Company
Current assets:
Cash and cash equivalents		10,384	13,034	18,706
Accounts receivable, net	702	17
Prepaid expenses and other current assets	17,861	17,625
Total current assets	18,563	28,026
Property, plant, and equipment, net	25,888	26,294
Investment in subsidiaries	5,165,285	2,411,532
Intercompany accounts receivable (payable), net	452,639	582,267
Deferred income taxes	19,128	18,092
Intangible and other assets, net	48,502	46,041
Total assets	5,730,005	3,112,252
Current liabilities:
Accounts payable and accrued expenses	22,774	16,526
Current portion of long-term debt	38,271	11,621
Total current liabilities	61,045	28,147
Long-term debt	2,939,473	1,219,011
Other long-term liabilities	10,150	10,235
Stockholders' equity	2,719,337	1,854,859
Total liabilities and stockholders' equity	5,730,005	3,112,252
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	1,485	91	373	1,690
Accounts receivable, net	314,416	182,524
Inventories, net	873,967	510,255
Assets held for sale	2,674
Prepaid expenses and other current assets	10,874	6,608
Total current assets	1,203,416	699,478
Property, plant, and equipment, net	1,171,210	470,639
Goodwill	2,649,928	1,526,004
Investment in subsidiaries	494,126	338,849
Intercompany accounts receivable (payable), net	(417,467)	(553,408)
Intangible and other assets, net	1,090,651	504,127
Total assets	6,191,864	2,985,689
Current liabilities:
Accounts payable and accrued expenses	443,379	239,316
Current portion of long-term debt	3,156	3,116
Total current liabilities	446,535	242,432
Long-term debt	2,548	2,398
Deferred income taxes	380,811	272,910
Other long-term liabilities	196,685	56,417
Stockholders' equity	5,165,285	2,411,532
Total liabilities and stockholders' equity	6,191,864	2,985,689
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	59,604	24,444	$ 41,244	$ 31,585
Investments	9,229	8,388
Accounts receivable, net	44,626	20,657
Inventories, net	104,541	73,860
Prepaid expenses and other current assets	21,650	8,968
Total current assets	239,650	136,317
Property, plant, and equipment, net	148,688	44,595
Goodwill	132,410	123,790
Intercompany accounts receivable (payable), net	(35,172)	(28,859)
Intangible and other assets, net	135,341	114,103
Total assets	620,917	389,946
Current liabilities:
Accounts payable and accrued expenses	54,858	21,356
Current portion of long-term debt	155	156
Total current liabilities	55,013	21,512
Long-term debt	315	332
Deferred income taxes	49,388	24,290
Other long-term liabilities	22,075	4,963
Stockholders' equity	494,126	338,849
Total liabilities and stockholders' equity	$ 620,917	$ 389,946

Condensed Supplemental Conso104

Condensed Supplemental Consolidating Statement of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 1,270,173	$ 783,145
Cost of sales	1,045,610	630,708
Gross profit	224,563	152,437
Selling, general and administrative expense	180,106	90,198
Amortization	23,836	15,328
Other operating expense, net	1,694	215
Operating (loss) income	18,927	46,696
Interest expense	25,668	11,692
Interest income	(2,819)	(1,769)
Other (income) expense, net	858	10,972
(Loss) income before income taxes	(4,780)	25,801
Income taxes (benefit)	(1,434)	7,949
Net (loss) income	(3,346)	17,852
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales	(68,381)	(66,182)
Cost of sales	(68,381)	(66,182)
Interest expense	(1,148)	(1,445)
Interest income	1,148	1,445
Equity in net income (loss) of subsidiaries	(44,992)	(36,267)
Net (loss) income	(44,992)	(36,267)
Parent Company
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expense	53,716	17,765
Amortization	2,203	1,827
Operating (loss) income	(55,919)	(19,592)
Interest expense	25,353	11,530
Interest income	(2,227)	(1,430)
Other (income) expense, net	1	(4)
(Loss) income before income taxes	(79,046)	(29,688)
Income taxes (benefit)	(30,030)	(11,336)
Equity in net income (loss) of subsidiaries	45,670	36,204
Net (loss) income	(3,346)	17,852
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	1,204,790	735,766
Cost of sales	997,120	599,190
Gross profit	207,670	136,576
Selling, general and administrative expense	116,414	61,161
Amortization	19,388	10,878
Other operating expense, net	1,332	215
Operating (loss) income	70,536	64,322
Interest expense	(53)	162
Interest income	(1,336)	(1,445)
Other (income) expense, net	(4,665)	9,078
(Loss) income before income taxes	76,590	56,527
Income taxes (benefit)	30,242	20,386
Equity in net income (loss) of subsidiaries	(678)	63
Net (loss) income	45,670	36,204
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	133,764	113,561
Cost of sales	116,871	97,700
Gross profit	16,893	15,861
Selling, general and administrative expense	9,976	11,272
Amortization	2,245	2,623
Other operating expense, net	362
Operating (loss) income	4,310	1,966
Interest expense	1,516	1,445
Interest income	(404)	(339)
Other (income) expense, net	5,522	1,898
(Loss) income before income taxes	(2,324)	(1,038)
Income taxes (benefit)	(1,646)	(1,101)
Net (loss) income	$ (678)	$ 63

Condensed Supplemental Conso105

Condensed Supplemental Consolidating Statement of Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Net (loss) income		$ (3,346)	$ 17,852
Other comprehensive (loss) income:
Foreign currency translation adjustments		24,266	(26,537)
Pension and postretirement reclassification adjustment, net of tax	[1]	258	256
Other comprehensive income (loss)		24,524	(26,281)
Comprehensive (loss) income		21,178	(8,429)
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net (loss) income		(44,992)	(36,267)
Other comprehensive (loss) income:
Equity in other comprehensive (loss) of subsidiaries		(48,790)	52,818
Comprehensive (loss) income		(93,782)	16,551
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net (loss) income		(3,346)	17,852
Other comprehensive (loss) income:
Equity in other comprehensive (loss) of subsidiaries		24,524	(26,281)
Comprehensive (loss) income		21,178	(8,429)
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net (loss) income		45,670	36,204
Other comprehensive (loss) income:
Pension and postretirement reclassification adjustment, net of tax		258	256
Other comprehensive income (loss)		258	256
Equity in other comprehensive (loss) of subsidiaries		24,266	(26,537)
Comprehensive (loss) income		70,194	9,923
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net (loss) income		(678)	63
Other comprehensive (loss) income:
Foreign currency translation adjustments		24,266	(26,537)
Other comprehensive income (loss)		24,266	(26,537)
Comprehensive (loss) income		$ 23,588	$ (26,474)
[1]	Net of tax of $159 and $158 for the three months ended March 31, 2016 and 2015, respectively.

Condensed Supplemental Conso106

Condensed Supplemental Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$ 110,720	$ 81,602
Cash flows from investing activities:
Additions to property, plant, and equipment	(24,898)	(21,235)
Additions to intangible assets	(1,995)	(3,841)
Acquisitions, less cash acquired	(2,640,201)
Proceeds from sale of fixed assets	59	121
Purchase of investments	(262)	(103)
Other	(11)
Net cash (used in) provided by investing activities	(2,667,308)	(25,058)
Cash flows from financing activities:
Net borrowing (repayment) of debt	1,776,814	(60,730)
Payment of deferred financing costs	(34,328)
Net proceeds from issuance of common stock	835,128
Net receipts related to stock-based award activities	1,789	5,273
Excess tax benefits from stock-based compensation	206	3,132
Net cash provided by (used in) financing activities	2,579,609	(52,325)
Effect of exchange rate changes on cash and cash equivalents	3,149	(1,549)
(Decrease) increase in cash and cash equivalents	26,170	2,670
Cash and cash equivalents, beginning of period	34,919	51,981
Cash and cash equivalents, end of period	61,089	54,651
Eliminations
Cash flows from operating activities:
Net cash (used in) provided by operating activities	(25,847)	(36,004)
Cash flows from investing activities:
Intercompany transfer	(96,796)	66,621
Net cash (used in) provided by investing activities	(96,796)	66,621
Cash flows from financing activities:
Intercompany transfer	122,643	(30,617)
Net cash provided by (used in) financing activities	122,643	(30,617)
Parent Company
Cash flows from operating activities:
Net cash (used in) provided by operating activities	2,642	(8,359)
Cash flows from investing activities:
Additions to property, plant, and equipment	(84)	(1,096)
Additions to intangible assets	(1,984)	(3,167)
Intercompany transfer	94,021	(4,138)
Acquisitions, less cash acquired	(2,683,559)
Net cash (used in) provided by investing activities	(2,591,606)	(8,401)
Cash flows from financing activities:
Net borrowing (repayment) of debt	1,777,625	(60,000)
Payment of deferred financing costs	(34,328)
Intercompany transfer	(1,840)	62,683
Net proceeds from issuance of common stock	835,128
Net receipts related to stock-based award activities	1,789	5,273
Excess tax benefits from stock-based compensation	206	3,132
Net cash provided by (used in) financing activities	2,578,580	11,088
(Decrease) increase in cash and cash equivalents	(10,384)	(5,672)
Cash and cash equivalents, beginning of period	10,384	18,706
Cash and cash equivalents, end of period		13,034
Guarantor Subsidiaries
Cash flows from operating activities:
Net cash (used in) provided by operating activities	152,998	113,413
Cash flows from investing activities:
Additions to property, plant, and equipment	(23,727)	(18,906)
Additions to intangible assets	(11)	(548)
Intercompany transfer	2,775	(62,483)
Acquisitions, less cash acquired	337
Proceeds from sale of fixed assets	40	100
Net cash (used in) provided by investing activities	(20,586)	(81,837)
Cash flows from financing activities:
Net borrowing (repayment) of debt	(771)	(688)
Intercompany transfer	(130,247)	(32,205)
Net cash provided by (used in) financing activities	(131,018)	(32,893)
(Decrease) increase in cash and cash equivalents	1,394	(1,317)
Cash and cash equivalents, beginning of period	91	1,690
Cash and cash equivalents, end of period	1,485	373
Non-Guarantor Subsidiaries
Cash flows from operating activities:
Net cash (used in) provided by operating activities	(19,073)	12,552
Cash flows from investing activities:
Additions to property, plant, and equipment	(1,087)	(1,233)
Additions to intangible assets		(126)
Acquisitions, less cash acquired	43,021
Proceeds from sale of fixed assets	19	21
Purchase of investments	(262)	(103)
Other	(11)
Net cash (used in) provided by investing activities	41,680	(1,441)
Cash flows from financing activities:
Net borrowing (repayment) of debt	(40)	(42)
Intercompany transfer	9,444	139
Net cash provided by (used in) financing activities	9,404	97
Effect of exchange rate changes on cash and cash equivalents	3,149	(1,549)
(Decrease) increase in cash and cash equivalents	35,160	9,659
Cash and cash equivalents, beginning of period	24,444	31,585
Cash and cash equivalents, end of period	$ 59,604	$ 41,244

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Ayer Massachusetts Facility - USD ($) $ in Millions	Apr. 05, 2016	Mar. 31, 2016	Dec. 31, 2016
Subsequent Event [Line Items]
Production expected to cease, description		Production is expected to cease in the first quarter of 2017 with full closure of the facility expected to occur in the third quarter of 2017.
Subsequent Event
Subsequent Event [Line Items]
Plant closure expected costs	$ 6.5
Plant closure expected cash charge	5.3
Subsequent Event | Asset Related Costs
Subsequent Event [Line Items]
Plant closure expected costs	1.2
Subsequent Event | Employee Related Costs
Subsequent Event [Line Items]
Plant closure expected costs	2.2
Subsequent Event | Other closure costs
Subsequent Event [Line Items]
Plant closure expected costs	$ 3.1
Scenario, Forecast
Subsequent Event [Line Items]
Plant closure charges expects to incur			$ 3.9