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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2021
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2021 |  | 2020
Net sales: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ | ​ | $ | 1,170,280 | ​ | $ | 992,454
Strategic Brands | ​ |  | 67,809 | ​ |  | 64,538
Other | ​ |  | 5,727 | ​ |  | 5,105
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,243,816 | ​ | $ | 1,062,097
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2021 |  | 2020
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ | ​ | $ | 464,819 | ​ | $ | 411,141
Strategic Brands | ​ |  | 45,140 | ​ |  | 36,719
Other | ​ |  | 1,793 | ​ |  | 787
Corporate and unallocated | ​ |  | (97,606) | ​ |  | (83,659)
​ | ​ | $ | 414,146 | ​ | $ | 364,988
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2021 |  | 2020
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ | ​ | $ | 464,968 | ​ | $ | 411,178
Strategic Brands | ​ |  | 45,140 | ​ |  | 36,719
Other | ​ |  | 1,793 | ​ |  | 787
Corporate and unallocated | ​ |  | (98,514) | ​ |  | (82,824)
​ | ​ | $ | 413,387 | ​ | $ | 365,860
​
| (1) | Includes $10.4 million and $10.6 million for the three-months ended March 31, 2021 and 2020, respectively, related to the recognition of deferred revenue.
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2021 |  | 2020
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 9,022 | ​ | $ | 9,651
Strategic Brands | ​ |  | 264 | ​ |  | 2,030
Other | ​ |  | 1,126 | ​ |  | 1,165
Corporate and unallocated | ​ |  | 2,413 | ​ |  | 2,479
​ | ​ | $ | 12,825 | ​ | $ | 15,325
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | December 31,
​ |  | 2021 |  | 2020
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,410,816 | ​ | $ | 1,406,646
Strategic Brands | ​ |  | 975,130 | ​ |  | 974,132
Other | ​ |  | 8,789 | ​ |  | 9,911
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,394,735 | ​ | $ | 2,390,689

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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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