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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2023
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2023 |  | 2022
Net sales: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 1,561,669 | ​ | $ | 1,404,847
Strategic Brands | ​ |  | 86,357 | ​ |  | 92,593
Alcohol Brands2 | ​ | ​ | 46,290 | ​ | ​ | 15,207
Other | ​ |  | 4,614 | ​ |  | 5,927
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,698,930 | ​ | $ | 1,518,574
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2023 |  | 2022
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 560,819 | ​ | $ | 454,563
Strategic Brands | ​ |  | 51,771 | ​ |  | 57,195
Alcohol Brands2 | ​ | ​ | (6,883) | ​ | ​ | (4,953)
Other | ​ |  | (293) | ​ |  | 1,127
Corporate and unallocated | ​ |  | (120,350) | ​ |  | (108,443)
​ | ​ | $ | 485,064 | ​ | $ | 399,489
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2023 |  | 2022
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 561,674 | ​ | $ | 455,134
Strategic Brands | ​ |  | 51,788 | ​ |  | 57,254
Alcohol Brands2 | ​ | ​ | (6,867) | ​ | ​ | (5,606)
Other | ​ |  | (293) | ​ |  | 1,137
Corporate and unallocated | ​ |  | (108,742) | ​ |  | (115,730)
​ | ​ | $ | 497,560 | ​ | $ | 392,189
​
| (1) | Includes $9.9 million and $10.0 million for the three-months ended March 31, 2023 and 2022, respectively, related to the recognition of deferred revenue.
| (2) | For the three-months ended March 31, 2022, effectively from February 17, 2022 to March 31, 2022.
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended
​ | ​ | March 31,
​ |  | 2023 |  | 2022
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 8,989 | ​ | $ | 8,159
Strategic Brands | ​ |  | 221 | ​ |  | 233
Alcohol Brands | ​ | ​ | 4,051 | ​ | ​ | 2,283
Other | ​ |  | 1,123 | ​ |  | 1,110
Corporate and unallocated | ​ |  | 2,424 | ​ |  | 2,814
​ | ​ | $ | 16,808 | ​ | $ | 14,599
​
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | December 31,
​ |  | 2023 |  | 2022
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,427,947 | ​ | $ | 1,424,212
Strategic Brands | ​ |  | 980,360 | ​ |  | 979,896
Alcohol Brands | ​ | ​ | 232,232 | ​ | ​ | 233,140
Other | ​ |  | — | ​ |  | 1,103
​ | ​ | $ | 2,640,539 | ​ | $ | 2,638,351

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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 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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