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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2022
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 5,833,211 | ​ | $ | 5,220,673 | ​ | $ | 4,305,246
Strategic Brands | ​ |  | 353,490 | ​ |  | 294,762 | ​ |  | 266,354
Alcohol Brands2 | ​ | ​ | 101,405 | ​ | ​ | — | ​ | ​ | —
Other | ​ |  | 22,944 | ​ |  | 25,917 | ​ |  | 27,038
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 6,311,050 | ​ | $ | 5,541,352 | ​ | $ | 4,598,638
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 1,850,053 | ​ | $ | 1,990,785 | ​ | $ | 1,820,346
Strategic Brands | ​ |  | 197,709 | ​ |  | 173,660 | ​ |  | 155,047
Alcohol Brands2 | ​ | ​ | (31,502) | ​ | ​ | — | ​ | ​ | —
Other | ​ |  | 3,040 | ​ |  | 6,935 | ​ |  | 5,930
Corporate and unallocated | ​ |  | (434,579) | ​ |  | (373,913) | ​ |  | (348,170)
​ | ​ | $ | 1,584,721 | ​ | $ | 1,797,467 | ​ | $ | 1,633,153
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 1,853,011 | ​ | $ | 1,992,185 | ​ | $ | 1,820,625
Strategic Brands | ​ |  | 197,843 | ​ |  | 173,739 | ​ |  | 155,047
Alcohol Brands2 | ​ | ​ | (31,772) | ​ | ​ | — | ​ | ​ | —
Other | ​ |  | 3,041 | ​ |  | 6,935 | ​ |  | 5,933
Corporate and unallocated | ​ |  | (450,159) | ​ |  | (371,440) | ​ |  | (355,448)
​ | ​ | $ | 1,571,964 | ​ | $ | 1,801,419 | ​ | $ | 1,626,157
​
(1) | Includes $40.0 million, $41.5 million and $42.1 million for the years ended December 31, 2022, 2021 and 2020, respectively, related to the recognition of deferred revenue.
(2) | Effectively from February 17, 2022 to December 31, 2022.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 31,957 | ​ | $ | 34,532 | ​ | $ | 38,277
Strategic Brands | ​ |  | 924 | ​ |  | 1,085 | ​ |  | 4,178
Alcohol Brands | ​ | ​ | 13,440 | ​ | ​ | — | ​ | ​ | —
Other | ​ |  | 4,461 | ​ |  | 4,485 | ​ |  | 4,631
Corporate and unallocated | ​ |  | 10,459 | ​ |  | 10,053 | ​ |  | 9,944
​ | ​ | $ | 61,241 | ​ | $ | 50,155 | ​ | $ | 57,030
​
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,424,212 | ​ | $ | 1,420,503
Strategic Brands | ​ |  | 979,896 | ​ |  | 978,032
Alcohol Brands | ​ | ​ | 233,140 | ​ | ​ | —
Other | ​ |  | 1,103 | ​ |  | 5,494
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,638,351 | ​ | $ | 2,404,029

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