10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001104659-22-057028 |
| Period End Date | 20220331 |
| Filing Date | 20220506 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | mnst-20220331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET SALES |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.52B | USD | 1 Quarter |
| NET SALES |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.24B | USD | 1 Quarter |
| COST OF SALES |
CostOfGoodsAndServicesSold
|
$741.91M | USD | 1 Quarter |
| COST OF SALES |
CostOfGoodsAndServicesSold
|
$528.88M | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
$776.67M | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
$714.93M | USD | 1 Quarter |
| OPERATING EXPENSES |
OperatingExpenses
|
$300.79M | USD | 1 Quarter |
| OPERATING EXPENSES |
OperatingExpenses
|
$377.18M | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$414.15M | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$399.49M | USD | 1 Quarter |
| INTEREST and OTHER EXPENSE, net |
InterestIncomeExpenseNonoperatingNet
|
$-7.30M | USD | 1 Quarter |
| INTEREST and OTHER EXPENSE, net |
InterestIncomeExpenseNonoperatingNet
|
$-759.00K | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$392.19M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$413.39M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$98.19M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$97.99M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$294.20M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$315.19M | USD | 1 Quarter |
| Basic |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.56 | USD | 1 Quarter |
| Basic |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.60 | USD | 1 Quarter |
| Diluted |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.55 | USD | 1 Quarter |
| Diluted |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.59 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
528.20M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
529.40M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
534.98M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
535.55M | shares | 1 Quarter |
Cash Flow Statement
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accrued liabilities for intangible assets |
NetChangeInAccruedLiabilitiesIncurredButNotYetPaid
|
$11.30M | USD | 1 Quarter |
| Accrued liabilities for intangible assets |
NetChangeInAccruedLiabilitiesIncurredButNotYetPaid
|
$7.80M | USD | 1 Quarter |
| Accrued Liabilities For Purchases of Equipment |
AccruedLiabilitiesForPurchasesOfEquipment
|
$4.00M | USD | 1 Quarter |
| Accrued Liabilities For Purchases of Equipment |
AccruedLiabilitiesForPurchasesOfEquipment
|
$400.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$315.19M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$294.20M | USD | 1 Quarter |
| Accounts payable on short-term investments |
ShortTermInvestmentsPurchasedButNotYetPaid
|
$4.40M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$12.82M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$14.60M | USD | 1 Quarter |
| Non-cash lease expense |
NonCashLeaseExpense
|
$952.00K | USD | 1 Quarter |
| Non-cash lease expense |
NonCashLeaseExpense
|
$1.48M | USD | 1 Quarter |
| Gain on disposal of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$6.00K | USD | 1 Quarter |
| Gain on disposal of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$88.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$18.36M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$16.33M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$134.43M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$147.45M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$208.67M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$39.55M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$18.49M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$29.62M | USD | 1 Quarter |
| Prepaid income taxes |
IncreaseDecreaseInPrepaidTaxes
|
$7.08M | USD | 1 Quarter |
| Prepaid income taxes |
IncreaseDecreaseInPrepaidTaxes
|
$5.88M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$36.86M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$18.33M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$32.44M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$20.60M | USD | 1 Quarter |
| Accrued promotional allowances |
IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent
|
$13.96M | USD | 1 Quarter |
| Accrued promotional allowances |
IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent
|
$61.17M | USD | 1 Quarter |
| Accrued compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-32.12M | USD | 1 Quarter |
| Accrued compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-24.44M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-9.82M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-13.29M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-596.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$504.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInCustomerLiability
|
$-5.92M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInCustomerLiability
|
$-5.25M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$175.47M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-351.00K | USD | 1 Quarter |
| Sales of available-for-sale investments |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$325.75M | USD | 1 Quarter |
| Sales of available-for-sale investments |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$504.81M | USD | 1 Quarter |
| Purchases of available-for-sale investments |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$441.93M | USD | 1 Quarter |
| Purchases of available-for-sale investments |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$440.57M | USD | 1 Quarter |
| Acquisition of CANarchy, net of cash |
PaymentsToAcquireBusinessesGross
|
$330.36M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$21.51M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$8.40M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$231.00K | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$14.00K | USD | 1 Quarter |
| Additions to intangibles |
PaymentsToAcquireIntangibleAssets
|
$7.24M | USD | 1 Quarter |
| Additions to intangibles |
PaymentsToAcquireIntangibleAssets
|
$8.42M | USD | 1 Quarter |
| Increase in other assets |
PaymentsForProceedsFromOtherInvestingActivities
|
$18.86M | USD | 1 Quarter |
| Increase in other assets |
PaymentsForProceedsFromOtherInvestingActivities
|
$6.24M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-149.08M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-303.63M | USD | 1 Quarter |
| Borrowings on debt |
ProceedsFromRepaymentsOfShortTermDebt
|
$957.00K | USD | 1 Quarter |
| Borrowings on debt |
ProceedsFromRepaymentsOfShortTermDebt
|
$3.45M | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$6.76M | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$4.51M | USD | 1 Quarter |
| Purchases of common stock held in treasury |
PaymentsForRepurchaseOfCommonStock
|
$13.42M | USD | 1 Quarter |
| Purchases of common stock held in treasury |
PaymentsForRepurchaseOfCommonStock
|
$12.19M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.22M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-5.70M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$-22.22M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$-3.47M | USD | 1 Quarter |
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.53M | USD | 1 Quarter |
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-311.68M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.01B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.33B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.01B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.33B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$13.00K | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$91.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$112.86M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$121.87M | USD | 1 Quarter |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$5.16B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$6.87B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$17.95M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$16.18M | USD | 1 Quarter |
| Exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$6.76M | USD | 1 Quarter |
| Exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$4.51M | USD | 1 Quarter |
| Exercise of stock options (in shares) |
StockIssuedDuringPeriodSharesStockOptionsExercised
|
114,000.00 | shares | 1 Quarter |
| Unrealized gain, net on available-for-sale securities |
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
|
$24.00K | USD | 1 Quarter |
| Unrealized loss, net on available-for-sale securities |
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
$4.06M | USD | 1 Quarter |
| Repurchase of common stock |
TreasuryStockValueAcquiredCostMethod
|
$13.42M | USD | 1 Quarter |
| Repurchase of common stock |
TreasuryStockValueAcquiredCostMethod
|
$12.19M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
$1.08M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
$-27.93M | USD | 1 Quarter |
| Net income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$294.20M | USD | 1 Quarter |
| Net income |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$315.19M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$6.57B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$5.16B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$6.87B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$5.46B | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income, as reported |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$294.20M | USD | 1 Quarter |
| Net income, as reported |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$315.19M | USD | 1 Quarter |
| Change in foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-27.93M | USD | 1 Quarter |
| Change in foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$1.08M | USD | 1 Quarter |
| Change in net unrealized (losses) gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$24.00K | USD | 1 Quarter |
| Change in net unrealized (losses) gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-4.06M | USD | 1 Quarter |
| Net change in available-for-sale investments |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.06M | USD | 1 Quarter |
| Net change in available-for-sale investments |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$24.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.98M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-27.91M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$287.29M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$291.22M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.