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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2023
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 1,686,887 | ​ | $ | 1,537,690 | ​ | $ | 3,248,555 | ​ | $ | 2,942,536
Strategic Brands | ​ |  | 99,690 | ​ |  | 79,142 | ​ |  | 186,048 | ​ |  | 171,735
Alcohol Brands2 | ​ | ​ | 61,076 | ​ | ​ | 32,447 | ​ | ​ | 107,366 | ​ | ​ | 47,654
Other | ​ |  | 7,308 | ​ |  | 5,981 | ​ |  | 11,922 | ​ |  | 11,908
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,854,961 | ​ | $ | 1,655,260 | ​ | $ | 3,553,891 | ​ | $ | 3,173,833
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 597,922 | ​ | $ | 441,719 | ​ | $ | 1,158,740 | ​ | $ | 896,282
Strategic Brands | ​ |  | 55,137 | ​ |  | 41,500 | ​ |  | 106,909 | ​ |  | 98,695
Alcohol Brands2 | ​ | ​ | (6,577) | ​ | ​ | (4,657) | ​ | ​ | (13,460) | ​ | ​ | (9,611)
Other | ​ |  | 1,651 | ​ |  | 1,034 | ​ |  | 1,358 | ​ |  | 2,161
Corporate and unallocated | ​ |  | (124,328) | ​ |  | (106,645) | ​ |  | (244,677) | ​ |  | (215,088)
​ | ​ | $ | 523,805 | ​ | $ | 372,951 | ​ | $ | 1,008,870 | ​ | $ | 772,439
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 598,656 | ​ | $ | 442,407 | ​ | $ | 1,160,330 | ​ | $ | 897,540
Strategic Brands | ​ |  | 55,149 | ​ |  | 41,509 | ​ |  | 106,938 | ​ |  | 98,763
Alcohol Brands2 | ​ | ​ | (6,584) | ​ | ​ | (3,890) | ​ | ​ | (13,451) | ​ | ​ | (9,496)
Other | ​ |  | 1,657 | ​ |  | 1,025 | ​ |  | 1,364 | ​ |  | 2,162
Corporate and unallocated | ​ |  | (109,914) | ​ |  | (114,881) | ​ |  | (218,658) | ​ |  | (230,610)
​ | ​ | $ | 538,964 | ​ | $ | 366,170 | ​ | $ | 1,036,523 | ​ | $ | 758,359
​
(1) | Includes $10.0 million and $10.1 million for the three-months ended June 30, 2023 and 2022, respectively, related to the recognition of deferred revenue. Includes $19.9 million and $20.1 million for the six-months ended June 30, 2023 and 2022, respectively, related to the recognition of deferred revenue.
(2) | For the six-months ended June 30, 2022, effectively from February 17, 2022 to June 30, 2022.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Six-Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 8,817 | ​ | $ | 8,102 | ​ | $ | 17,806 | ​ | $ | 16,262
Strategic Brands | ​ |  | 196 | ​ |  | 242 | ​ |  | 417 | ​ |  | 475
Alcohol Brands | ​ | ​ | 4,106 | ​ | ​ | 3,683 | ​ | ​ | 8,157 | ​ | ​ | 5,966
Other | ​ |  | 51 | ​ |  | 1,113 | ​ |  | 1,174 | ​ |  | 2,224
Corporate and unallocated | ​ |  | 2,406 | ​ |  | 2,682 | ​ |  | 4,830 | ​ |  | 5,505
​ | ​ | $ | 15,576 | ​ | $ | 15,822 | ​ | $ | 32,384 | ​ | $ | 30,432
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ |  | 2023 |  | 2022
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,431,947 | ​ | $ | 1,424,212
Strategic Brands | ​ |  | 981,570 | ​ |  | 979,896
Alcohol Brands | ​ | ​ | 228,524 | ​ | ​ | 233,140
Other | ​ |  | — | ​ |  | 1,103
​ | ​ | $ | 2,642,041 | ​ | $ | 2,638,351

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