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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

SEGMENT INFORMATION

Schedule of net revenues and other financial information by segment

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2022			2021
Net sales:	​	​	​	​	​	​
Monster Energy® Drinks1	​	$	1,404,847	​	$	1,170,280
Strategic Brands	​		92,593	​		67,809
Alcohol Brands2	​	​	15,207	​	​	—
Other	​		5,927	​		5,727
Corporate and unallocated	​		—	​		—
​	​	$	1,518,574	​	$	1,243,816

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2022			2021
Operating Income:	​	​	​	​	​	​
Monster Energy® Drinks¹	​	$	454,563	​	$	464,819
Strategic Brands	​		57,195	​		45,140
Alcohol Brands2	​	​	(4,953)	​	​	—
Other	​		1,127	​		1,793
Corporate and unallocated	​		(108,443)	​		(97,606)
​	​	$	399,489	​	$	414,146

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2022			2021
Income before tax:	​	​	​	​	​	​
Monster Energy® Drinks¹	​	$	455,134	​	$	464,968
Strategic Brands	​		57,254	​		45,140
Alcohol Brands2	​	​	(5,606)	​	​	—
Other	​		1,137	​		1,793
Corporate and unallocated	​		(115,730)	​		(98,514)
​	​	$	392,189	​	$	413,387

​

(1) Includes $10.0 million and $10.4 million for the three-months ended March 31, 2022 and 2021, respectively, related to the recognition of deferred revenue.

(2) Effectively from February 17, 2022 to March 31, 2022.

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2022			2021
Depreciation and amortization:	​	​	​	​	​	​
Monster Energy® Drinks	​	$	8,159	​	$	9,022
Strategic Brands	​		233	​		264
Alcohol Brands	​	​	2,283	​	​	—
Other	​		1,110	​		1,126
Corporate and unallocated	​		2,814	​		2,413
​	​	$	14,599	​	$	12,825

Schedule of goodwill and other intangible assets for the reportable segments

​

​	​	​	​	​	​	​
​		March 31,			December 31,
​		2022			2021
Goodwill and other intangible assets:	​	​	​	​	​	​
Monster Energy® Drinks	​	$	1,425,023	​	$	1,420,503
Strategic Brands	​		979,268	​		978,032
Alcohol Brands	​	​	235,353	​	​	—
Other	​		4,397	​		5,494
Corporate and unallocated	​		—	​		—
​	​	$	2,644,041	​	$	2,404,029

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
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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
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