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SEGMENT INFORMATION (Tables)

12 Months Ended

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

​

X

- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

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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.

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