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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2022
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 1,502,219 | ​ | $ | 1,329,793 | ​ | $ | 4,444,755 | ​ | $ | 3,867,162
Strategic Brands | ​ |  | 88,802 | ​ |  | 74,449 | ​ |  | 260,536 | ​ |  | 229,193
Alcohol Brands2 | ​ | ​ | 26,818 | ​ | ​ | — | ​ | ​ | 74,472 | ​ | ​ | —
Other | ​ |  | 6,447 | ​ |  | 6,315 | ​ |  | 18,356 | ​ |  | 19,953
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,624,286 | ​ | $ | 1,410,557 | ​ | $ | 4,798,119 | ​ | $ | 4,116,308
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 492,534 | ​ | $ | 500,641 | ​ | $ | 1,388,815 | ​ | $ | 1,512,633
Strategic Brands | ​ |  | 47,282 | ​ |  | 40,184 | ​ |  | 145,977 | ​ |  | 139,398
Alcohol Brands2 | ​ | ​ | (10,262) | ​ | ​ | — | ​ | ​ | (19,873) | ​ | ​ | —
Other | ​ |  | 977 | ​ |  | 1,146 | ​ |  | 3,138 | ​ |  | 5,266
Corporate and unallocated | ​ |  | (112,601) | ​ |  | (97,507) | ​ |  | (327,688) | ​ |  | (272,710)
​ | ​ | $ | 417,930 | ​ | $ | 444,464 | ​ | $ | 1,190,369 | ​ | $ | 1,384,587
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 493,486 | ​ | $ | 500,929 | ​ | $ | 1,391,026 | ​ | $ | 1,513,421
Strategic Brands | ​ |  | 47,319 | ​ |  | 40,198 | ​ |  | 146,082 | ​ |  | 139,419
Alcohol Brands2 | ​ | ​ | (10,124) | ​ | ​ | — | ​ | ​ | (19,620) | ​ | ​ | —
Other | ​ |  | 977 | ​ |  | 1,144 | ​ |  | 3,139 | ​ |  | 5,264
Corporate and unallocated | ​ |  | (111,579) | ​ |  | (100,097) | ​ |  | (342,190) | ​ |  | (275,696)
​ | ​ | $ | 420,079 | ​ | $ | 442,174 | ​ | $ | 1,178,437 | ​ | $ | 1,382,408
​
(1) | Includes $10.0 million and $10.4 million for the three-months ended September 30, 2022 and 2021, respectively, related to the recognition of deferred revenue. Includes $30.0 million and $31.3 million for the nine-months ended September 30, 2022 and 2021, respectively, related to the recognition of deferred revenue.
(2) | Nine-Months ended September 30, 2022 - effectively from February 17, 2022 to September 30, 2022.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 7,773 | ​ | $ | 8,477 | ​ | $ | 24,035 | ​ | $ | 26,315
Strategic Brands | ​ |  | 234 | ​ |  | 283 | ​ |  | 709 | ​ |  | 832
Alcohol Brands | ​ | ​ | 3,713 | ​ | ​ | — | ​ | ​ | 9,679 | ​ | ​ | —
Other | ​ |  | 1,121 | ​ |  | 1,122 | ​ |  | 3,345 | ​ |  | 3,373
Corporate and unallocated | ​ |  | 2,768 | ​ |  | 2,474 | ​ |  | 8,272 | ​ |  | 7,334
​ | ​ | $ | 15,609 | ​ | $ | 12,356 | ​ | $ | 46,040 | ​ | $ | 37,854
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2022 |  | 2021
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,424,667 | ​ | $ | 1,420,503
Strategic Brands | ​ |  | 977,851 | ​ |  | 978,032
Alcohol Brands | ​ | ​ | 234,049 | ​ | ​ | —
Other | ​ |  | 2,200 | ​ |  | 5,494
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,638,767 | ​ | $ | 2,404,029

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