![]() | Diedre J. Gray Senior Vice President, General Counsel and Secretary (314) 644-7622 Diedre.Gray@postfoods.com |
Re: | Post Holdings, Inc. |
1. | We note you reported the premiums received from the issuance of long term debt as a cash inflow from operating activities. Per ASC 230-10-20, operating activities are generally the cash effects of transactions and events that enter into the determination of net income. Tell us why you included the entire debt premium as an adjustment to reconcile net income to net cash provided by operating activities, rather than only the premium amortization amount. Also tell us why you did not include the premium received as a cash inflow from financing activities within the line item “Proceeds from issuance of Senior Notes”. |
• | the Company is responsible for the adequacy and accuracy of the disclosure in the filing; |
• | Staff comments or changes to disclosure in response to Staff comments do not foreclose the Commission from taking any action with respect to the filing; and |
• | the Company may not assert Staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
cc: | Lily Dang, United States Securities Exchange Commission |
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