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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2023
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 6,555,089 | ​ | $ | 5,833,211 | ​ | $ | 5,220,673
Strategic Brands | ​ |  | 376,589 | ​ |  | 353,490 | ​ |  | 294,762
Alcohol Brands2 | ​ | ​ | 184,855 | ​ | ​ | 101,405 | ​ | ​ | —
Other | ​ |  | 23,494 | ​ |  | 22,944 | ​ |  | 25,917
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 7,140,027 | ​ | $ | 6,311,050 | ​ | $ | 5,541,352
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 2,338,744 | ​ | $ | 1,850,053 | ​ | $ | 1,990,785
Strategic Brands | ​ |  | 207,146 | ​ |  | 197,709 | ​ |  | 173,660
Alcohol Brands2 | ​ | ​ | (81,124) | ​ | ​ | (31,502) | ​ | ​ | —
Other | ​ |  | 3,564 | ​ |  | 3,040 | ​ |  | 6,935
Corporate and unallocated | ​ |  | (514,975) | ​ |  | (434,579) | ​ |  | (373,913)
​ | ​ | $ | 1,953,355 | ​ | $ | 1,584,721 | ​ | $ | 1,797,467
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks1 | ​ | $ | 2,342,355 | ​ | $ | 1,853,011 | ​ | $ | 1,992,185
Strategic Brands | ​ |  | 207,202 | ​ |  | 197,843 | ​ |  | 173,739
Alcohol Brands2 | ​ | ​ | (81,405) | ​ | ​ | (31,772) | ​ | ​ | —
Other | ​ |  | 3,610 | ​ |  | 3,041 | ​ |  | 6,935
Corporate and unallocated | ​ |  | (403,280) | ​ |  | (450,159) | ​ |  | (371,440)
​ | ​ | $ | 2,068,482 | ​ | $ | 1,571,964 | ​ | $ | 1,801,419
​
(1) | Includes $40.0 million, $40.0 million and $41.5 million for the years ended December 31, 2023, 2022 and 2021, respectively, related to the recognition of deferred revenue.
(2) | For the year ended December 31, 2022, effectively from February 17, 2022 to December 31, 2022.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 37,606 | ​ | $ | 31,957 | ​ | $ | 34,532
Strategic Brands | ​ |  | 793 | ​ |  | 924 | ​ |  | 1,085
Alcohol Brands | ​ | ​ | 15,745 | ​ | ​ | 13,440 | ​ | ​ | —
Other | ​ |  | 1,264 | ​ |  | 4,461 | ​ |  | 4,485
Corporate and unallocated | ​ |  | 13,490 | ​ |  | 10,459 | ​ |  | 10,053
​ | ​ | $ | 68,898 | ​ | $ | 61,241 | ​ | $ | 50,155
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,663,814 | ​ | $ | 1,424,212
Strategic Brands | ​ |  | 982,471 | ​ |  | 979,896
Alcohol Brands | ​ | ​ | 198,795 | ​ | ​ | 233,140
Other | ​ |  | — | ​ |  | 1,103
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,845,080 | ​ | $ | 2,638,351
​

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