XML 54 R42.htm IDEA: XBRL DOCUMENT
v3.23.3

SEGMENT INFORMATION (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 1,708,242 | ​ | $ | 1,502,219 | ​ | $ | 4,956,797 | ​ | $ | 4,444,755
Strategic Brands | ​ |  | 98,763 | ​ |  | 88,802 | ​ |  | 284,810 | ​ |  | 260,536
Alcohol Brands2 | ​ | ​ | 42,326 | ​ | ​ | 26,818 | ​ | ​ | 149,692 | ​ | ​ | 74,472
Other | ​ |  | 6,697 | ​ |  | 6,447 | ​ |  | 18,620 | ​ |  | 18,356
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,856,028 | ​ | $ | 1,624,286 | ​ | $ | 5,409,919 | ​ | $ | 4,798,119
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 603,670 | ​ | $ | 492,534 | ​ | $ | 1,762,410 | ​ | $ | 1,388,815
Strategic Brands | ​ |  | 52,730 | ​ |  | 47,282 | ​ |  | 159,639 | ​ |  | 145,977
Alcohol Brands2 | ​ | ​ | (11,734) | ​ | ​ | (10,262) | ​ | ​ | (25,193) | ​ | ​ | (19,873)
Other | ​ |  | 1,296 | ​ |  | 977 | ​ |  | 2,654 | ​ |  | 3,138
Corporate and unallocated | ​ |  | (135,435) | ​ |  | (112,601) | ​ |  | (380,114) | ​ |  | (327,688)
​ | ​ | $ | 510,527 | ​ | $ | 417,930 | ​ | $ | 1,519,396 | ​ | $ | 1,190,369
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 604,688 | ​ | $ | 493,486 | ​ | $ | 1,765,018 | ​ | $ | 1,391,026
Strategic Brands | ​ |  | 52,746 | ​ |  | 47,319 | ​ |  | 159,683 | ​ |  | 146,082
Alcohol Brands2 | ​ | ​ | (11,757) | ​ | ​ | (10,124) | ​ | ​ | (25,208) | ​ | ​ | (19,620)
Other | ​ |  | 1,315 | ​ |  | 977 | ​ |  | 2,679 | ​ |  | 3,139
Corporate and unallocated | ​ |  | (65,108) | ​ |  | (111,579) | ​ |  | (283,766) | ​ |  | (342,190)
​ | ​ | $ | 581,884 | ​ | $ | 420,079 | ​ | $ | 1,618,406 | ​ | $ | 1,178,437
​
(1) | Includes $10.0 million for both the three-months ended September 30, 2023 and 2022 related to the recognition of deferred revenue. Includes $30.0 million for both the nine-months ended September 30, 2023 and 2022 related to the recognition of deferred revenue.
(2) | For the 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,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 10,023 | ​ | $ | 7,773 | ​ | $ | 27,830 | ​ | $ | 24,035
Strategic Brands | ​ |  | 199 | ​ |  | 234 | ​ |  | 616 | ​ |  | 709
Alcohol Brands | ​ | ​ | 3,816 | ​ | ​ | 3,713 | ​ | ​ | 11,973 | ​ | ​ | 9,679
Other | ​ |  | 50 | ​ |  | 1,121 | ​ |  | 1,224 | ​ |  | 3,345
Corporate and unallocated | ​ |  | 3,891 | ​ |  | 2,768 | ​ |  | 8,721 | ​ |  | 8,272
​ | ​ | $ | 17,979 | ​ | $ | 15,609 | ​ | $ | 50,364 | ​ | $ | 46,040
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2023 |  | 2022
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,667,462 | ​ | $ | 1,424,212
Strategic Brands | ​ |  | 982,311 | ​ |  | 979,896
Alcohol Brands | ​ | ​ | 227,615 | ​ | ​ | 233,140
Other | ​ |  | — | ​ |  | 1,103
​ | ​ | $ | 2,877,388 | ​ | $ | 2,638,351
​

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration