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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2020
SEGMENT INFORMATION  
Schedule of net revenues and other financial information by segment

Three-Months Ended

Nine-Months Ended

September 30, 

September 30, 

2020

    

2019

    

2020

    

2019

Net sales:

Monster Energy® Drinks⁽¹⁾

$

1,163,419

$

1,061,383

$

3,183,559

$

2,950,877

Strategic Brands

 

74,325

 

66,333

 

198,429

 

215,763

Other

 

8,618

 

5,861

 

20,367

 

16,973

Corporate and unallocated

 

 

 

 

$

1,246,362

$

1,133,577

$

3,402,355

$

3,183,613

Three-Months Ended

Nine-Months Ended

September 30, 

September 30, 

    

2020

    

2019

    

2020

    

2019

Operating Income:

Monster Energy® Drinks⁽¹⁾ ⁽²⁾

$

502,392

$

433,848

$

1,366,920

$

1,187,652

Strategic Brands

 

43,875

 

35,107

 

118,287

 

130,762

Other

 

2,368

 

1,005

 

4,780

 

3,026

Corporate and unallocated

 

(90,034)

 

(74,517)

 

(259,135)

 

(235,546)

$

458,601

$

395,443

$

1,230,852

$

1,085,894

Three-Months Ended

Nine-Months Ended

September 30, 

September 30, 

    

2020

    

2019

    

2020

    

2019

Income before tax:

Monster Energy® Drinks⁽¹⁾ ⁽²⁾

$

502,500

$

434,003

$

1,367,096

$

1,187,916

Strategic Brands

 

43,876

 

35,106

 

118,287

 

130,758

Other

 

2,368

 

1,005

 

4,780

 

3,031

Corporate and unallocated

 

(94,711)

 

(71,550)

 

(264,802)

 

(226,976)

$

454,033

$

398,564

$

1,225,361

$

1,094,729

(1)Includes $10.5 million and $10.7 million for the three-months ended September 30, 2020 and 2019, respectively, related to the recognition of deferred revenue. Includes $31.6 million and $35.6 million for the nine-months ended September 30, 2020 and 2019, respectively, related to the recognition of deferred revenue.
(2)The three-months ended September 30, 2020 and 2019 includes no distributor termination costs. Includes $0.2 million and $11.0 million for the nine-months ended September 30, 2020 and 2019, respectively, related to distributor termination costs.

Three-Months Ended

Nine-Months Ended

September 30, 

September 30, 

    

2020

    

2019

    

2020

    

2019

Depreciation and amortization:

Monster Energy® Drinks

$

8,713

$

9,319

$

27,687

$

29,449

Strategic Brands

 

227

 

1,990

 

3,932

 

5,925

Other

 

1,136

 

1,162

 

3,495

 

3,475

Corporate and unallocated

 

2,741

 

2,050

 

7,794

 

6,172

$

12,817

$

14,521

$

42,908

$

45,021

Schedule of goodwill and other intangible assets for the reportable segments

 

September 30, 

 

December 31, 

    

2020

    

2019

Goodwill and other intangible assets:

Monster Energy® Drinks

$

1,404,754

$

1,384,940

Strategic Brands

 

975,392

 

984,393

Other

 

11,034

 

14,415

Corporate and unallocated

 

 

$

2,391,180

$

2,383,748