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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2021
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ | ​ | $ | 1,329,793 | ​ | $ | 1,163,419 | ​ | $ | 3,867,162 | ​ | $ | 3,183,559
Strategic Brands | ​ |  | 74,449 | ​ |  | 74,325 | ​ |  | 229,193 | ​ |  | 198,429
Other | ​ |  | 6,315 | ​ |  | 8,618 | ​ |  | 19,953 | ​ |  | 20,367
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,410,557 | ​ | $ | 1,246,362 | ​ | $ | 4,116,308 | ​ | $ | 3,402,355
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ | ​ | $ | 500,641 | ​ | $ | 502,392 | ​ | $ | 1,512,633 | ​ | $ | 1,366,920
Strategic Brands | ​ |  | 40,184 | ​ |  | 43,875 | ​ |  | 139,398 | ​ |  | 118,287
Other | ​ |  | 1,146 | ​ |  | 2,368 | ​ |  | 5,266 | ​ |  | 4,780
Corporate and unallocated | ​ |  | (97,507) | ​ |  | (90,034) | ​ |  | (272,710) | ​ |  | (259,135)
​ | ​ | $ | 444,464 | ​ | $ | 458,601 | ​ | $ | 1,384,587 | ​ | $ | 1,230,852
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ | ​ | $ | 500,929 | ​ | $ | 502,500 | ​ | $ | 1,513,421 | ​ | $ | 1,367,096
Strategic Brands | ​ |  | 40,198 | ​ |  | 43,876 | ​ |  | 139,419 | ​ |  | 118,287
Other | ​ |  | 1,144 | ​ |  | 2,368 | ​ |  | 5,264 | ​ |  | 4,780
Corporate and unallocated | ​ |  | (100,097) | ​ |  | (94,711) | ​ |  | (275,696) | ​ |  | (264,802)
​ | ​ | $ | 442,174 | ​ | $ | 454,033 | ​ | $ | 1,382,408 | ​ | $ | 1,225,361
​
| (1) | Includes $10.4 million and $10.5 million for the three- months ended September 30, 2021 and 2020, respectively, related to the recognition of deferred revenue. Includes $31.3 million and $31.6 million for the nine-months ended September 30, 2021 and 2020, respectively, related to the recognition of deferred revenue.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 8,477 | ​ | $ | 8,713 | ​ | $ | 26,315 | ​ | $ | 27,687
Strategic Brands | ​ |  | 283 | ​ |  | 227 | ​ |  | 832 | ​ |  | 3,932
Other | ​ |  | 1,122 | ​ |  | 1,136 | ​ |  | 3,373 | ​ |  | 3,495
Corporate and unallocated | ​ |  | 2,474 | ​ |  | 2,741 | ​ |  | 7,334 | ​ |  | 7,794
​ | ​ | $ | 12,356 | ​ | $ | 12,817 | ​ | $ | 37,854 | ​ | $ | 42,908
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2021 |  | 2020
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,414,190 | ​ | $ | 1,406,646
Strategic Brands | ​ |  | 976,944 | ​ |  | 974,132
Other | ​ |  | 6,592 | ​ |  | 9,911
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,397,726 | ​ | $ | 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=120311839&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=120311839&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=121556970&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 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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