XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 31, 2018
Schedule of disaggregation of revenue by geographical markets

 

 

 

Three-Months Ended March 31, 2018

 

Net Sales

 

U.S. and
Canada

 

EMEA1

 

Asia Pacific

 

Latin
America
and
Caribbean

 

Total

 

Monster Energy® Drinks

 

$

588,817

 

$

110,929

 

$

47,431

 

$

33,328

 

$

780,505

 

Strategic Brands

 

39,724

 

19,313

 

5,548

 

1,174

 

65,759

 

Other

 

4,657

 

-

 

-

 

-

 

4,657

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Net Sales

 

$

633,198

 

$

130,242

 

$

52,979

 

$

34,502

 

$

850,921

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1Europe, Middle East and Africa (“EMEA”)

 

Accounting Standards Update 2014-09  
Schedule of impact of adoption of ASC 606

 

 

 

Three-Months Ended March 31, 2018

 

 

 

As Reported

 

Without Adoption
of ASC 606

 

(Decrease)
Increase due to
Adoption of ASC
606

 

Net Sales

 

$

850,921

 

$

860,861

 

$

(9,940)

1

Operating Expenses

 

$

235,342

 

$

245,282

 

$

(9,940)

1

 

1 TCCC Commissions based on sales to the TCCC Related Parties. There were no other identified changes to our revenue recognition policies as a result of the adoption of ASC 606.