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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2022
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 1,537,690 | ​ | $ | 1,367,094 | ​ | $ | 2,942,536 | ​ | $ | 2,537,374
Strategic Brands | ​ |  | 79,142 | ​ |  | 86,935 | ​ |  | 171,735 | ​ |  | 154,744
Alcohol Brands2 | ​ | ​ | 32,447 | ​ | ​ | — | ​ | ​ | 47,654 | ​ | ​ | —
Other | ​ |  | 5,981 | ​ |  | 7,905 | ​ |  | 11,908 | ​ |  | 13,633
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,655,260 | ​ | $ | 1,461,934 | ​ | $ | 3,173,833 | ​ | $ | 2,705,751
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 441,719 | ​ | $ | 547,269 | ​ | $ | 896,282 | ​ | $ | 1,012,088
Strategic Brands | ​ |  | 41,500 | ​ |  | 54,074 | ​ |  | 98,695 | ​ |  | 99,214
Alcohol Brands2 | ​ | ​ | (4,657) | ​ | ​ | — | ​ | ​ | (9,611) | ​ | ​ | —
Other | ​ |  | 1,034 | ​ |  | 2,230 | ​ |  | 2,161 | ​ |  | 4,024
Corporate and unallocated | ​ |  | (106,645) | ​ |  | (77,598) | ​ |  | (215,088) | ​ |  | (175,203)
​ | ​ | $ | 372,951 | ​ | $ | 525,975 | ​ | $ | 772,439 | ​ | $ | 940,123
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 442,407 | ​ | $ | 547,619 | ​ | $ | 897,540 | ​ | $ | 1,012,587
Strategic Brands | ​ |  | 41,509 | ​ |  | 54,080 | ​ |  | 98,763 | ​ |  | 99,221
Alcohol Brands2 | ​ | ​ | (3,890) | ​ | ​ | — | ​ | ​ | (9,496) | ​ | ​ | —
Other | ​ |  | 1,025 | ​ |  | 2,230 | ​ |  | 2,162 | ​ |  | 4,024
Corporate and unallocated | ​ |  | (114,881) | ​ |  | (77,082) | ​ |  | (230,610) | ​ |  | (175,598)
​ | ​ | $ | 366,170 | ​ | $ | 526,847 | ​ | $ | 758,359 | ​ | $ | 940,234
​
(1) | Includes $10.1 million and $10.4 million for the three-months ended June 30, 2022 and 2021, respectively, related to the recognition of deferred revenue. Includes $20.1 million and $20.9 million for the six-months ended June 30, 2022 and 2021, respectively, related to the recognition of deferred revenue.
(2) | Effectively from February 17, 2022 to June 30, 2022.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 8,102 | ​ | $ | 8,816 | ​ | $ | 16,262 | ​ | $ | 17,838
Strategic Brands | ​ |  | 242 | ​ |  | 285 | ​ |  | 475 | ​ |  | 549
Alcohol Brands | ​ | ​ | 3,683 | ​ | ​ | — | ​ | ​ | 5,966 | ​ | ​ | —
Other | ​ |  | 1,113 | ​ |  | 1,126 | ​ |  | 2,224 | ​ |  | 2,252
Corporate and unallocated | ​ |  | 2,682 | ​ |  | 2,447 | ​ |  | 5,505 | ​ |  | 4,860
​ | ​ | $ | 15,822 | ​ | $ | 12,674 | ​ | $ | 30,432 | ​ | $ | 25,499
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ |  | 2022 |  | 2021
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,420,967 | ​ | $ | 1,420,503
Strategic Brands | ​ |  | 976,832 | ​ |  | 978,032
Alcohol Brands | ​ | ​ | 234,956 | ​ | ​ | —
Other | ​ |  | 3,300 | ​ |  | 5,494
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,636,055 | ​ | $ | 2,404,029

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