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SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2017
SEGMENT INFORMATION  
Schedule of net revenues and other financial information by segment

 

 

 

 

Three-Months Ended

 

Nine-Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Net sales:

 

 

 

 

 

 

 

 

 

Monster Energy® Drinks(1)

 

  $
827,690

 

  $
710,130

 

  $
2,311,521

 

  $
2,075,511

 

Strategic Brands

 
76,586

 
72,138

 
230,255

 
207,990

 

Other

 
5,200

 
5,686

 
16,914

 
12,127

 

Corporate and unallocated

 

-

 

-

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

  $
909,476

 

  $
787,954

 

  $
2,558,690

 

  $
2,295,628

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three-Months Ended

 

Nine-Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Operating Income:

 

 

 

 

 

 

 

 

 

Monster Energy® Drinks(1) (2)

 

  $
333,210

 

  $
308,493

 

  $
968,864

 

  $
874,822

 

Strategic Brands

 
42,663

 
40,075

 
137,945

 
127,169

 

Other

 
1,451

 
1,186

 
4,585

 
1,528

 

Corporate and unallocated

 
(59,952)

 
(59,379)

 
(179,719)

 
(169,909)

 

 

 

 

 

 

 

 

 

 

 

 

 

  $
317,372

 

  $
290,375

 

  $
931,675

 

  $
833,610

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three-Months Ended

 

Nine-Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Income before tax:

 

 

 

 

 

 

 

 

 

Monster Energy® Drinks(1) (2)

 

  $
333,065

 

  $
308,612

 

  $
968,716

 

  $
875,024

 

Strategic Brands

 
42,663

 
40,073

 
137,931

 
127,141

 

Other

 
1,451

 
1,186

 
4,585

 
1,528

 

Corporate and unallocated

 
(55,811)

 
(60,533)

 
(177,454)

 
(170,734)

 

 

 

 

 

 

 

 

 

 

 

 

 

  $
321,368

 

  $
289,338

 

  $
933,778

 

  $
832,959

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Includes $11.4 million and $8.4 million for the three-months ended September 30, 2017 and 2016, respectively, related to the recognition of deferred revenue. Includes $31.6 million and $28.6 million for the nine-months ended September 30, 2017 and 2016, respectively, related to the recognition of deferred revenue.

 

(2)

Includes $15.9 million and $4.7 million for the three-months ended September 30, 2017 and 2016, respectively, related to distributor termination costs. Includes $35.9 million and $33.4 million for the nine-months ended September 30, 2017 and 2016, respectively, related to distributor termination costs.

 

 

 

Three-Months Ended

 

Nine-Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

Monster Energy® Drinks

 

  $
7,546

 

  $
5,974

 

  $
20,959

 

  $
17,651

 

Strategic Brands

 
1,836

 
1,777

 
5,474

 
5,325

 

Other

 
1,152

 
1,151

 
3,458

 
2,305

 

Corporate and unallocated

 
1,795

 
1,522

 
5,213

 
4,593

 

 

 

 

 

 

 

 

 

 

 

 

 

  $
12,329

 

  $
10,424

 

  $
35,104

 

  $
29,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,
2017

 

December 31,
2016

 

Goodwill and other intangible assets:

 

 

 

 

 

Monster Energy® Drinks

 

  $
1,343,437

 

  $
1,334,494

 

Strategic Brands

 
997,054

 
1,001,749

 

Other

 
24,633

 
28,035

 

Corporate and unallocated

 

-

 

-

 

 

 

 

 

 

 

 

 

  $
2,365,124

 

  $
2,364,278