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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

SEGMENT INFORMATION

Schedule of net revenues and other financial information by segment

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2024			2023
Net sales:	​	​	​	​	​	​
Monster Energy® Drinks1	​	$	1,729,051	​	$	1,561,669
Strategic Brands	​		108,444	​		86,357
Alcohol Brands	​	​	56,070	​	​	46,290
Other	​		5,533	​		4,614
Corporate and unallocated	​		—	​		—
​	​	$	1,899,098	​	$	1,698,930

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2024			2023
Operating Income:	​	​	​	​	​	​
Monster Energy® Drinks1	​	$	628,122	​	$	560,819
Strategic Brands	​		62,019	​		51,771
Alcohol Brands	​	​	(6,017)	​	​	(6,883)
Other	​		1,001	​		(293)
Corporate and unallocated	​		(143,134)	​		(120,350)
​	​	$	541,991	​	$	485,064

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2024			2023
Income before tax:	​	​	​	​	​	​
Monster Energy® Drinks1	​	$	629,160	​	$	561,674
Strategic Brands	​		62,035	​		51,788
Alcohol Brands	​	​	(6,016)	​	​	(6,867)
Other	​		1,016	​		(293)
Corporate and unallocated	​		(108,450)	​		(108,742)
​	​	$	577,745	​	$	497,560

​

(1) Includes $9.9 million for both the three-months ended March 31, 2024 and 2023, related to the recognition of deferred revenue.

​

​	​	​	​	​	​	​
​	​	Three-Months Ended
​	​	March 31,
​		2024			2023
Depreciation and amortization:	​	​	​	​	​	​
Monster Energy® Drinks	​	$	12,608	​	$	8,989
Strategic Brands	​		229	​		221
Alcohol Brands	​	​	3,738	​	​	4,051
Other	​		40	​		1,123
Corporate and unallocated	​		3,860	​		2,424
​	​	$	20,475	​	$	16,808

Schedule of goodwill and other intangible assets for the reportable segments

​

​	​	​	​	​	​	​
​		March 31,			December 31,
​		2024			2023
Goodwill and other intangible assets:	​	​	​	​	​	​
Monster Energy® Drinks	​	$	1,668,188	​	$	1,663,814
Strategic Brands	​		982,676	​		982,471
Alcohol Brands	​	​	197,839	​	​	198,795
Other	​		—	​		—
​	​	$	2,848,703	​	$	2,845,080

​

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

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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

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-Topic 350
-SubTopic 20
-Section 50
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