XML 98 R82.htm IDEA: XBRL DOCUMENT
v3.22.0.1

STOCK-BASED COMPENSATION - Equity Awards (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Total employee and non-employee share-based compensation expense included in income, before income tax |  |  |  |  | $ 70,483 | $ 70,289 | $ 63,356
Compensation cost charged against income |  |  |  |  |  |  |
Operating expenses |  |  |  |  | 70,483 | 70,289 | 63,356
Less: Amount of income tax benefit recognized in earnings |  |  |  |  | (14,228) | (15,499) | (36,326)
Amount charged against net income |  |  |  |  | 56,255 | 54,790 | 27,030
Operating expense |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Total employee and non-employee share-based compensation expense included in income, before income tax |  |  |  |  | $ 70,500 | $ 70,300 | $ 63,400
Stock options |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Weighted-average grant-date fair value of options granted (in dollars per share) |  |  |  |  | $ 25.80 | $ 18.82 | $ 20.17
Total intrinsic value of options exercised |  |  |  |  | $ 51,200 | $ 68,800 | $ 220,200
Cash received from option exercises |  |  |  |  | 45,700 | $ 72,900 | $ 92,400
Total unrecognized compensation expense related to non-vested shares granted to employees | $ 51,300 |  |  |  | $ 51,300 |  |
Cost expected to be recognized over a weighted-average period |  |  |  |  | 2 years 1 month 6 days |  |
Stock units expected to vest (in shares) | 13,633 |  |  |  | 13,633 |  |
Restricted stock units |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Total unrecognized compensation expense related to non-vested shares granted to employees | $ 34,800 |  |  |  | $ 34,800 |  |
Cost expected to be recognized over a weighted-average period |  |  |  |  | 1 year 10 months 24 days |  |
Stock units expected to vest (in shares) | 800 |  |  |  | 800 |  |
Number of Shares |  |  |  |  |  |  |
Non-vested at the beginning of the period (in shares) |  |  |  | 947 | 947 |  |
Granted (in shares) | 1 | 1 | 14 | 304 |  |  |
Vested (in shares) |  |  |  |  | (344) |  |
Forfeited/cancelled (in shares) |  |  |  |  | (13) |  |
Non-vested at the end of the period (in shares) | 910 |  |  |  | 910 | 947 |
Weighted Average Grant-Date Fair Value |  |  |  |  |  |  |
Non-vested at the beginning of the period (in dollars per share) |  |  |  | $ 60.52 | $ 60.52 |  |
Granted (in dollars per share) | $ 89.95 | $ 89.84 | $ 92.14 | $ 86.28 | 89.12 | $ 62.97 | $ 59.79
Vested (in dollars per share) |  |  |  |  | 62.29 |  |
Forfeited/cancelled (in dollars per share) |  |  |  |  | 60.41 |  |
Non-vested at the end of the period (in dollars per share) | $ 69.02 |  |  |  | $ 69.02 | $ 60.52 |
Performance Share Units |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Percentage of Target Performance Level |  |  |  |  | 100.00% |  |
Performance Share Units | Maximum |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Percentage of Target Performance Level |  |  |  |  | 200.00% |  |
Performance Share Units | Minimum |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Percentage of Target Performance Level |  |  |  |  | 0.00% |  |
Incentive Stock Options. |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Total employee and non-employee share-based compensation expense included in income, before income tax |  |  |  |  | $ 8,300 | $ 9,400 | $ 10,000
Non Qualified Stock Options. |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Total employee and non-employee share-based compensation expense included in income, before income tax |  |  |  |  | 60,600 | 58,200 | $ 53,400
Other share-based awards |  |  |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |  |  |
Total unrecognized compensation expense related to non-vested shares granted to employees | $ 700 |  |  |  | $ 700 |  |
Cost expected to be recognized over a weighted-average period |  |  |  |  | 1 year |  |
Total employee and non-employee share-based compensation expense included in income, before income tax |  |  |  |  | $ 1,600 | $ 2,700 |

X
- Definition The aggregate unrecognized cost of equity-based awards made to employees and non-employees under equity-based compensation awards that have yet to vest as of the balance sheet date. + References No definition available. + Details
Name: | mnst_EmployeeAndNonemployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
Namespace Prefix: | mnst_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The weighted-average period, over which unrecognized compensation is expected to be recognized for equity-based compensation plans, using a decimal to express in number of years. + References No definition available. + Details
Name: | mnst_EmployeeAndNonemployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition
Namespace Prefix: | mnst_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of target performance level earnings based on which grant activity will be recorded. + References No definition available. + Details
Name: | mnst_PercentageOfTargetPerformanceLevel
Namespace Prefix: | mnst_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited or cancelled during the reporting period. + References No definition available. + Details
Name: | mnst_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedOrCancelledInPeriod
Namespace Prefix: | mnst_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect during the reporting period as a result of a forfeiture or cancellation specified in the contractual agreement of the plan. + References No definition available. + Details
Name: | mnst_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedOrCancelledInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | mnst_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the portion of operating expenses recognized in the consolidated financial statements that relates to total employee and non-employee share-based compensation. + References No definition available. + Details
Name: | mnst_ShareBasedCompensationRecognizedInOperatingExpenses
Namespace Prefix: | mnst_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, after tax, of expense for award under share-based payment arrangement. + References No definition available. + Details
Name: | us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of tax benefit for recognition of expense of award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1)(i) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cash inflow from exercise of option under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120381028&loc=SL79508275-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromStockOptionsExercised
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of noncash expense for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585 + Details
Name: | us-gaap_ShareBasedCompensation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdditionalDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Per share or unit weighted-average fair value of nonvested award under share-based payment arrangement. Excludes share and unit options. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of accumulated difference between fair value of underlying shares on dates of exercise and exercise price on options exercised (or share units converted) into shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of fully vested and expected to vest options outstanding that can be converted into shares under option plan. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OperatingExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_PerformanceSharesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=mnst_IncentiveStockOptionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=mnst_NonQualifiedStockOptionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=mnst_OtherShareBasedAwardsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |