2021 Form 10-K Financial Statement

#000110465922028182 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $5.541B $1.196B $4.599B
YoY Change 20.5% 17.6% 9.47%
Cost Of Revenue $2.433B $522.8M $1.875B
YoY Change 29.77% 23.62% 11.44%
Gross Profit $3.109B $690.7M $2.724B
YoY Change 14.12% 13.08% 8.15%
Gross Profit Margin 56.1% 57.74% 59.23%
Selling, General & Admin $774.5M $62.00M $589.6M
YoY Change 31.36% -8.01% -5.66%
% of Gross Profit 24.92% 8.98% 21.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.16M $15.10M $57.03M
YoY Change -12.06% -11.18% -6.09%
% of Gross Profit 1.61% 2.19% 2.09%
Operating Expenses $1.311B $269.5M $1.091B
YoY Change 20.2% -2.71% -2.23%
Operating Profit $1.797B $421.2M $1.633B
YoY Change 10.06% 26.19% 16.41%
Interest Expense $3.952M -$1.500M -$7.000M
YoY Change -156.46% -135.71% -153.85%
% of Operating Profit 0.22% -0.36% -0.43%
Other Income/Expense, Net $3.952M -$6.996M
YoY Change -156.49% -153.72%
Pretax Income $1.801B $400.8M $1.626B
YoY Change 10.78% 24.78% 14.84%
Income Tax $423.9M -$70.90M $216.6M
% Of Pretax Income 23.53% -17.69% 13.32%
Net Earnings $1.377B $471.7M $1.410B
YoY Change -2.28% 84.98% 27.24%
Net Earnings / Revenue 24.86% 39.43% 30.65%
Basic Earnings Per Share
Diluted Earnings Per Share $2.572M $883.0K $2.636M
COMMON SHARES
Basic Shares Outstanding 528.8M 527.9M 529.6M
Diluted Shares Outstanding 535.6M 534.8M

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.076B $2.062B $2.062B
YoY Change 49.2% 54.91% 54.91%
Cash & Equivalents $1.326B $1.180B $1.180B
Short-Term Investments $1.750B $881.4M $881.4M
Other Short-Term Assets $115.9M $80.10M $80.10M
YoY Change 44.7% -4.87% -4.87%
Inventory $593.4M $333.1M $333.1M
Prepaid Expenses
Receivables $896.7M $666.0M $666.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.682B $3.141B $3.141B
YoY Change 49.06% 35.6% 35.6%
LONG-TERM ASSETS
Property, Plant & Equipment $336.9M $314.7M $337.4M
YoY Change -0.15% 5.36% 2.24%
Goodwill $1.332B
YoY Change 0.0%
Intangibles $1.059B
YoY Change 0.66%
Long-Term Investments $100.8M $44.30M $44.30M
YoY Change 127.58% 243.41% 243.41%
Other Assets $280.9M $70.48M $289.4M
YoY Change -2.93% 30.57% 169.46%
Total Long-Term Assets $3.123B $3.062B $3.062B
YoY Change 1.99% 8.04% 8.03%
TOTAL ASSETS
Total Short-Term Assets $4.682B $3.141B $3.141B
Total Long-Term Assets $3.123B $3.062B $3.062B
Total Assets $7.805B $6.203B $6.203B
YoY Change 25.83% 20.43% 20.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $404.3M $296.8M $296.8M
YoY Change 36.21% 8.3% 8.32%
Accrued Expenses $486.9M $142.7M $383.5M
YoY Change 26.97% 25.05% 17.42%
Deferred Revenue $45.43M
YoY Change 2.69%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $960.0K $800.0K $800.0K
YoY Change 20.0% -46.67% -46.67%
Total Short-Term Liabilities $965.1M $750.0M $750.0M
YoY Change 28.68% 13.45% 13.45%
LONG-TERM LIABILITIES
Long-Term Debt $41.00K $0.00 $0.00
YoY Change
Other Long-Term Liabilities $272.7M $27.43M $291.8M
YoY Change -6.54% -10.07% -8.24%
Total Long-Term Liabilities $272.8M $27.43M $291.8M
YoY Change -6.53% -10.07% -8.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $965.1M $750.0M $750.0M
Total Long-Term Liabilities $272.8M $27.43M $291.8M
Total Liabilities $1.238B $777.4M $1.042B
YoY Change 18.81% 12.41% 6.41%
SHAREHOLDERS EQUITY
Retained Earnings $6.432B
YoY Change 28.07%
Common Stock $4.538B
YoY Change 3.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.815B
YoY Change 11.42%
Treasury Stock Shares $110.6M
Shareholders Equity $6.567B $5.161B $5.161B
YoY Change
Total Liabilities & Shareholders Equity $7.805B $6.203B $6.203B
YoY Change 25.83% 20.43% 20.43%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income $1.377B $471.7M $1.410B
YoY Change -2.28% 84.98% 27.24%
Depreciation, Depletion And Amortization $50.16M $15.10M $57.03M
YoY Change -12.06% -11.18% -6.09%
Cash From Operating Activities $1.156B $415.0M $1.364B
YoY Change -15.28% 41.78% 22.48%
INVESTING ACTIVITIES
Capital Expenditures $43.87M -$6.600M $48.72M
YoY Change -9.96% -88.48% -52.07%
Acquisitions
YoY Change
Other Investing Activities $11.35M -$325.3M $26.42M
YoY Change -57.03% -654.17% 1988.77%
Cash From Investing Activities -$992.0M -$332.0M -$472.5M
YoY Change 109.96% -22233.33% 44.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$31.89M $523.0M
YoY Change -106.1% -14.95%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 34.82M 6.800M -526.1M
YoY Change -106.62% -103.05% -16.3%
NET CHANGE
Cash From Operating Activities 1.156B 415.0M 1.364B
Cash From Investing Activities -992.0M -332.0M -472.5M
Cash From Financing Activities 34.82M 6.800M -526.1M
Net Change In Cash 146.0M 89.80M 382.5M
YoY Change -61.81% 26.48% 138.37%
FREE CASH FLOW
Cash From Operating Activities $1.156B $415.0M $1.364B
Capital Expenditures $43.87M -$6.600M $48.72M
Free Cash Flow $1.112B $421.6M $1.315B
YoY Change -15.48% 20.46% 29.97%

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ComprehensiveIncomeNetOfTax
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CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2019 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
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283000
CY2019 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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CY2021 us-gaap Treasury Stock Value Acquired Cost Method
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2019 us-gaap Treasury Stock Value Acquired Cost Method
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CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2019Q4 us-gaap Stockholders Equity
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2020 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
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CY2020 us-gaap Treasury Stock Value Acquired Cost Method
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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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CY2019 us-gaap Profit Loss
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2019 us-gaap Depreciation Depletion And Amortization
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CY2021 mnst Non Cash Lease Expense
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CY2020 mnst Non Cash Lease Expense
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CY2019 mnst Non Cash Lease Expense
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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252000
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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CY2021 us-gaap Share Based Compensation
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70483000
CY2020 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
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63356000
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
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CY2020 us-gaap Increase Decrease In Deferred Income Taxes
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CY2019 us-gaap Increase Decrease In Deferred Income Taxes
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254228000
CY2020 us-gaap Increase Decrease In Accounts Receivable
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119672000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
59941000
CY2021 us-gaap Increase Decrease In Inventories
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277793000
CY2020 us-gaap Increase Decrease In Inventories
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-30304000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
85222000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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29341000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 us-gaap Increase Decrease In Prepaid Taxes
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10919000
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
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492000
CY2020 us-gaap Increase Decrease In Prepaid Taxes
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-5516000
CY2019 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
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CY2021 us-gaap Increase Decrease In Accounts Payable
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114297000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
18696000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
28832000
CY2021 us-gaap Increase Decrease In Accrued Liabilities
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71586000
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
26113000
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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CY2021 mnst Increase Decrease In Accrued Promotional Allowances Liabilities Current
IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent
31498000
CY2020 mnst Increase Decrease In Accrued Promotional Allowances Liabilities Current
IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent
13762000
CY2019 mnst Increase Decrease In Accrued Promotional Allowances Liabilities Current
IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent
21943000
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
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7950000
CY2020 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
7501000
CY2019 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
7228000
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
7221000
CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
10422000
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
8105000
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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CY2021 mnst Increase Decrease In Customer Liability
IncreaseDecreaseInCustomerLiability
-22658000
CY2020 mnst Increase Decrease In Customer Liability
IncreaseDecreaseInCustomerLiability
-21480000
CY2019 mnst Increase Decrease In Customer Liability
IncreaseDecreaseInCustomerLiability
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1155741000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1364163000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
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CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
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CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
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CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2021 us-gaap Payments To Acquire Intangible Assets
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CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
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CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 mnst Repayment Of Short Term Debt
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2928000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1180413000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 mnst Repayment Of Short Term Debt
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CY2019 mnst Repayment Of Short Term Debt
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
34821000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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CY2020 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
16848000
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
1912000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
146049000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
382456000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
160444000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
637513000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1326462000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1180413000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
797957000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2020 us-gaap Interest Paid Net
InterestPaidNet
44000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
320000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
420521000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
355509000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
293810000
CY2021 mnst Net Change In Accrued Liabilities Incurred But Not Yet Paid
NetChangeInAccruedLiabilitiesIncurredButNotYetPaid
14000000.0
CY2020 mnst Net Change In Accrued Liabilities Incurred But Not Yet Paid
NetChangeInAccruedLiabilitiesIncurredButNotYetPaid
9800000
CY2019 mnst Net Change In Accrued Liabilities Incurred But Not Yet Paid
NetChangeInAccruedLiabilitiesIncurredButNotYetPaid
12800000
CY2019 mnst Accrued Liabilities For Purchases Of Available For Sale Short Term Investments
AccruedLiabilitiesForPurchasesOfAvailableForSaleShortTermInvestments
8700000
mnst Accrued Liabilities For Purchases Of Available For Sale Short Term Investments
AccruedLiabilitiesForPurchasesOfAvailableForSaleShortTermInvestments
0
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
8700000
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-300000
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
11200000
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
4100000
CY2021 mnst Freight Out Costs Operating
FreightOutCostsOperating
213900000
CY2020 mnst Freight Out Costs Operating
FreightOutCostsOperating
134100000
CY2019 mnst Freight Out Costs Operating
FreightOutCostsOperating
122500000
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
417600000
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
345700000
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
391600000
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Use of Estimates</i> – The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><i style="font-style:italic;">Concentration of Risk – </i>Certain of the Company’s products utilize components (raw materials and/or co-packing services) from a limited number of sources. A disruption in the supply of such components could significantly affect the Company’s revenues from those products, as alternative sources of such components may not be available at commercially reasonable rates or within a reasonably short time period. The Company continues to endeavor to secure the availability of alternative sources for such components and minimize the risk of any disruption in production.</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Coca-Cola Company (“TCCC”), through certain wholly-owned subsidiaries (the “TCCC Subsidiaries”), accounted for approximately 2%of the Company’s net sales for the years ended December 31, 2021, 2020 and 2019. </p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Coca-Cola Consolidated, Inc. accounted for approximately 12%, 12% and 13% of the Company’s net sales for the years ended December 31, 2021, 2020 and 2019, respectively.</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Reyes Coca-Cola Bottling, LLC accounted for approximately 10%, 11% and 11% of the Company’s net sales for the years ended December 31, 2021, 2020 and 2019, respectively.</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Coca-Cola Europacific Partners accounted for approximately 12%, 10% and 10% of the Company’s net sales for the years ended December 31, 2021, 2020 and 2019, respectively.</p>
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2021 mnst Distribution Agreement Revenue Recognition Period
DistributionAgreementRevenueRecognitionPeriod
P20Y
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4598638000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4200819000
CY2021Q4 us-gaap Contract With Customer Liability
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285800000
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
309900000
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
41500000
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
42100000
CY2021 us-gaap Lease Cost
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11107000
CY2020 us-gaap Lease Cost
LeaseCost
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CY2019 us-gaap Lease Cost
LeaseCost
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CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
39000
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
56000
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
46300000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
4614000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
4637000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
4899000
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5218000
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
3408000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
3406000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
710000
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
719000
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
640000
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
546000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
626000
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
436000
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
19000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
39000
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
56000
CY2021 mnst Finance Lease Cost
FinanceLeaseCost
565000
CY2020 mnst Finance Lease Cost
FinanceLeaseCost
665000
CY2019 mnst Finance Lease Cost
FinanceLeaseCost
492000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
4123000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
3982000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
4077000
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
19000
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2698000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3086000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2223000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2878000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2417000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2866000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4313000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3003000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
34931000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23157000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2646000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22754000
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2120000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
21379000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1001000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
20513000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
823000
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y1M6D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y8M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.013
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y4M24D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y7M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.019
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4605000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
964000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3821000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
21000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2978000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
13000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1669000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
8000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1692000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9949000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
24714000
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1006000
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3335000
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
5000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
21379000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1001000
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss
1850101000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2000
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
957000
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1849146000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
957000
CY2020Q4 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss
925559000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
165000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
79000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
925645000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
79000
CY2021Q4 mnst Investment Securities Amortized Cost Basis
InvestmentSecuritiesAmortizedCostBasis
1850101000
CY2021Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1849146000
CY2020Q4 mnst Investment Securities Amortized Cost Basis
InvestmentSecuritiesAmortizedCostBasis
925559000
CY2020Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
925645000
CY2020 mnst Fair Value Asset Transfers Between Level1 And Level2
FairValueAssetTransfersBetweenLevel1AndLevel2
0
CY2021 mnst Fair Value Asset Transfers Between Level1 And Level2
FairValueAssetTransfersBetweenLevel1AndLevel2
0
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
538538000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
519410000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
224785000
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
349865000
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
155166000
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
243492000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
177919000
CY2021Q4 us-gaap Inventory Net
InventoryNet
593357000
CY2020Q4 us-gaap Inventory Net
InventoryNet
333085000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4400000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7700000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11600000
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
204754000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
313753000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
314656000
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
45700000
CY2020 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
49300000
CY2019 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
49100000
CY2020Q4 us-gaap Goodwill
Goodwill
1331643000
CY2021Q4 us-gaap Goodwill
Goodwill
1331643000
CY2019Q4 us-gaap Goodwill
Goodwill
1331643000
CY2020Q4 us-gaap Goodwill
Goodwill
1331643000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
66872000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
66875000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
61227000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
56801000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5645000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10074000
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1066741000
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1048972000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1072386000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1059046000
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
8700000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4405000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1112000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
14000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
13000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
88000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5645000
CY2021 mnst Termination Costs
TerminationCosts
5300000
CY2020 mnst Termination Costs
TerminationCosts
200000
CY2019 mnst Termination Costs
TerminationCosts
11300000
CY2021 mnst Distribution Agreement Revenue Recognition Period
DistributionAgreementRevenueRecognitionPeriod
P20Y
CY2021 mnst Deferred Revenue Distribution Agreement
DeferredRevenueDistributionAgreement
21500000
CY2020 mnst Deferred Revenue Distribution Agreement
DeferredRevenueDistributionAgreement
21400000
CY2019 mnst Deferred Revenue Distribution Agreement
DeferredRevenueDistributionAgreement
25000000.0
CY2021Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
236698000
CY2021Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
57848000
CY2021Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
10497000
CY2021Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
10000
CY2021Q4 us-gaap Contractual Obligation
ContractualObligation
305053000
CY2021 mnst Cost Of Purchases Of Direct Materials From Suppliers Of Limited Resources
CostOfPurchasesOfDirectMaterialsFromSuppliersOfLimitedResources
698000000.0
CY2020 mnst Cost Of Purchases Of Direct Materials From Suppliers Of Limited Resources
CostOfPurchasesOfDirectMaterialsFromSuppliersOfLimitedResources
401800000
CY2019 mnst Cost Of Purchases Of Direct Materials From Suppliers Of Limited Resources
CostOfPurchasesOfDirectMaterialsFromSuppliersOfLimitedResources
335300000
CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0
CY2021 mnst Number Of Stock Based Compensation Plans
NumberOfStockBasedCompensationPlans
2
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
46169367
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
70500000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
70300000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
63400000
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
6800000
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
10500000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
956000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-84000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
68209000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-2950000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-69165000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
3034000
CY2021 mnst Number Of Shares Repurchased Of Common Stock For Employee Tax Withholding Obligations
NumberOfSharesRepurchasedOfCommonStockForEmployeeTaxWithholdingObligations
200000
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13800000
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
25900000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
70289000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
63356000
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14228000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.289
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.304
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.302
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0085
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0070
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0237
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2021Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
13860000
CY2021 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y1M6D
CY2021Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
48.19
CY2021Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
9644000
CY2021Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
40.33
CY2021 mnst Share Based Compensation Recognized In Operating Expenses
ShareBasedCompensationRecognizedInOperatingExpenses
70483000
CY2020 mnst Share Based Compensation Recognized In Operating Expenses
ShareBasedCompensationRecognizedInOperatingExpenses
70289000
CY2019 mnst Share Based Compensation Recognized In Operating Expenses
ShareBasedCompensationRecognizedInOperatingExpenses
63356000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
70483000
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
5387000
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-3687000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
423944000
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15499000
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
36326000
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
56255000
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
54790000
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
27030000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1431797000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1374402000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1196883000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
369622000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
251755000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
219079000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1801419000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1626157000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1415962000
CY2021 us-gaap Management Fee Expense
ManagementFeeExpense
61100000
CY2020 us-gaap Management Fee Expense
ManagementFeeExpense
54200000
CY2019 us-gaap Management Fee Expense
ManagementFeeExpense
51200000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
273115000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
259073000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
212068000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
44990000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
43704000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
39982000
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
89410000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
70658000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
55167000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
407515000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
373435000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
307217000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
14750000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
11401000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8320000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4689000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4709000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-6878000
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
5092000
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-167595000
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4219000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24531000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-151485000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2777000
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
8102000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
216563000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
308127000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
378298000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
341493000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
297352000
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
38894000
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
37478000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
30098000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-4168000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-1064000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-2128000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2790000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1097000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-13473000
CY2020 mnst Income Tax Reconciliation Inter Company Transfer Benefit
IncomeTaxReconciliationInterCompanyTransferBenefit
-165075000
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-649000
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-7388000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-12423000
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
16881000
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
15409000
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
5014000
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
8102000
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
5387000
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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