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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2020

SEGMENT INFORMATION

Schedule of net revenues and other financial information by segment

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2020			2019
Net sales:	​	​	​	​	​	​
Monster Energy® Drinks(1)	​	$	992,454	​	$	870,384
Strategic Brands	​		64,538	​		70,286
Other	​		5,105	​		5,321
Corporate and unallocated	​		—	​		—
​	​	$	1,062,097	​	$	945,991

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2020			2019
Operating Income:	​	​	​	​	​	​
Monster Energy® Drinks(1) (2)	​	$	411,141	​	$	342,999
Strategic Brands	​		36,719	​		45,581
Other	​		787	​		902
Corporate and unallocated	​		(83,659)	​		(78,021)
​	​	$	364,988	​	$	311,461

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2020			2019
Income before tax:	​	​	​	​	​	​
Monster Energy® Drinks(1) (2)	​	$	411,178	​	$	343,016
Strategic Brands	​		36,719	​		45,577
Other	​		787	​		902
Corporate and unallocated	​		(82,824)	​		(75,292)
​	​	$	365,860	​	$	314,203

​

(1) Includes $10.6 million and $14.2 million for the three-months ended March 31, 2020 and 2019, respectively, related to the recognition of deferred revenue.

(2) Includes $0.04 million and $10.7 million for the three-months ended March 31, 2020 and 2019, respectively, related to distributor termination costs.

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2020			2019
Depreciation and amortization:	​	​	​	​	​	​
Monster Energy® Drinks	​	$	9,651	​	$	9,798
Strategic Brands	​		2,030	​		1,963
Other	​		1,165	​		1,155
Corporate and unallocated	​		2,479	​		1,954
​	​	$	15,325	​	$	14,870

Schedule of goodwill and other intangible assets for the reportable segments

​

​	​	​	​	​	​	​
​	​	March 31,		​	December 31,
​		2020			2019
Goodwill and other intangible assets:	​	​	​	​	​	​
Monster Energy® Drinks	​	$	1,391,507	​	$	1,384,940
Strategic Brands	​		979,963	​		984,393
Other	​		13,280	​		14,415
Corporate and unallocated	​		—	​		—
​	​	$	2,384,750	​	$	2,383,748

X

- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

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