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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2020
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks(1) | ​ | $ | 1,027,686 | ​ | $ | 1,019,110 | ​ | $ | 2,020,140 | ​ | $ | 1,889,495
Strategic Brands | ​ |  | 59,566 | ​ |  | 79,144 | ​ |  | 124,104 | ​ |  | 149,430
Other | ​ |  | 6,644 | ​ |  | 5,791 | ​ |  | 11,749 | ​ |  | 11,112
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,093,896 | ​ | $ | 1,104,045 | ​ | $ | 2,155,993 | ​ | $ | 2,050,037
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks(1) (2) | ​ | $ | 453,388 | ​ | $ | 410,804 | ​ | $ | 864,528 | ​ | $ | 753,803
Strategic Brands | ​ |  | 37,692 | ​ |  | 50,075 | ​ |  | 74,411 | ​ |  | 95,656
Other | ​ |  | 1,626 | ​ |  | 1,119 | ​ |  | 2,412 | ​ |  | 2,021
Corporate and unallocated | ​ |  | (85,442) | ​ |  | (83,008) | ​ |  | (169,099) | ​ |  | (161,028)
​ | ​ | $ | 407,264 | ​ | $ | 378,990 | ​ | $ | 772,252 | ​ | $ | 690,452
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks(1) (2) | ​ | $ | 453,418 | ​ | $ | 410,897 | ​ | $ | 864,596 | ​ | $ | 753,913
Strategic Brands | ​ |  | 37,692 | ​ |  | 50,075 | ​ |  | 74,411 | ​ |  | 95,651
Other | ​ |  | 1,626 | ​ |  | 1,124 | ​ |  | 2,412 | ​ |  | 2,026
Corporate and unallocated | ​ |  | (87,268) | ​ |  | (80,133) | ​ |  | (170,090) | ​ |  | (155,424)
​ | ​ | $ | 405,468 | ​ | $ | 381,963 | ​ | $ | 771,329 | ​ | $ | 696,166
​
| (1) | Includes $10.5 million and $10.6 million for the three-months ended June 30, 2020 and 2019, respectively, related to the recognition of deferred revenue. Includes $21.1 million and $24.8 million for the six-months ended June 30, 2020 and 2019, respectively, related to the recognition of deferred revenue.
| (2) | Includes $0.2 million and $0.3 million for the three-months ended June 30, 2020 and 2019, respectively, related to distributor termination costs. Includes $0.2 million and $11.0 million for the six-months ended June 30, 2020 and 2019, respectively, related to distributor termination costs.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 9,322 | ​ | $ | 10,332 | ​ | $ | 18,974 | ​ | $ | 20,129
Strategic Brands | ​ |  | 1,675 | ​ |  | 1,972 | ​ |  | 3,705 | ​ |  | 3,935
Other | ​ |  | 1,194 | ​ |  | 1,157 | ​ |  | 2,358 | ​ |  | 2,313
Corporate and unallocated | ​ |  | 2,574 | ​ |  | 2,168 | ​ |  | 5,053 | ​ |  | 4,122
​ | ​ | $ | 14,765 | ​ | $ | 15,629 | ​ | $ | 30,090 | ​ | $ | 30,499
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
​ |  | 2020 |  | 2019
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,397,016 | ​ | $ | 1,384,940
Strategic Brands | ​ |  | 978,014 | ​ |  | 984,393
Other | ​ |  | 12,157 | ​ |  | 14,415
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,387,187 | ​ | $ | 2,383,748

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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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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