SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Monster Beverage Corp. – ‘10-K’ for 12/31/23 – ‘EX-32.3’

On:  Thursday, 2/29/24, at 4:55pm ET   ·   For:  12/31/23   ·   Accession #:  1104659-24-29425   ·   File #:  1-18761

Previous ‘10-K’:  ‘10-K’ on 3/1/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   18 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/29/24  Monster Beverage Corp.            10-K       12/31/23  124:16M                                    Toppan Merrill/FA

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   3.97M 
 2: EX-21       Subsidiaries List                                   HTML     43K 
 3: EX-23.1     Consent of Expert or Counsel                        HTML     31K 
 4: EX-23.2     Consent of Expert or Counsel                        HTML     35K 
11: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     58K 
                Awarded Compensation                                             
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     40K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     40K 
 7: EX-31.3     Certification -- §302 - SOA'02                      HTML     40K 
 8: EX-32.1     Certification -- §906 - SOA'02                      HTML     34K 
 9: EX-32.2     Certification -- §906 - SOA'02                      HTML     34K 
10: EX-32.3     Certification -- §906 - SOA'02                      HTML     33K 
17: R1          Document and Entity Information                     HTML    103K 
18: R2          Consolidated Balance Sheets                         HTML    136K 
19: R3          Consolidated Balance Sheets (Parenthetical)         HTML     44K 
20: R4          Consolidated Statements of Income                   HTML     88K 
21: R5          Consolidated Statements of Comprehensive Income     HTML     57K 
22: R6          Consolidated Statements of Stockholders' Equity     HTML     87K 
23: R7          Consolidated Statements of Cash Flows               HTML    144K 
24: R8          Consolidated Statements of Cash Flows -             HTML     38K 
                Supplemental Disclosure of Non-Cash Items                        
                (Parenthetical)                                                  
25: R9          Organization and Summary of Significant Accounting  HTML     75K 
                Policies                                                         
26: R10         Acquisitions                                        HTML     67K 
27: R11         Revenue Recognition                                 HTML    157K 
28: R12         Leases                                              HTML    150K 
29: R13         Investments                                         HTML    243K 
30: R14         Fair Value of Certain Financial Assets and          HTML    163K 
                Liabilities                                                      
31: R15         Derivative Instruments and Hedging Activities       HTML    103K 
32: R16         Inventories                                         HTML     45K 
33: R17         Property and Equipment, Net                         HTML     57K 
34: R18         Goodwill and Other Intangible Assets                HTML    111K 
35: R19         Distribution Agreements                             HTML     35K 
36: R20         Debt                                                HTML     39K 
37: R21         Commitments and Contingencies                       HTML     49K 
38: R22         Accumulated Other Comprehensive Loss                HTML     45K 
39: R23         Treasury Stock                                      HTML     36K 
40: R24         Stock-Based Compensation                            HTML    212K 
41: R25         Income Taxes                                        HTML    187K 
42: R26         Earnings Per Share                                  HTML     46K 
43: R27         Employee Benefit Plan                               HTML     38K 
44: R28         Segment Information                                 HTML    147K 
45: R29         Related Party Transactions                          HTML     53K 
46: R30         Schedule Ii - Valuation and Qualifying Accounts     HTML     77K 
47: R31         Organization and Summary of Significant Accounting  HTML    142K 
                Policies (Policies)                                              
48: R32         Acquisitions (Tables)                               HTML     59K 
49: R33         Revenue Recognition (Tables)                        HTML    140K 
50: R34         Leases (Tables)                                     HTML    155K 
51: R35         Investments (Tables)                                HTML    241K 
52: R36         Fair Value of Certain Financial Assets and          HTML    156K 
                Liabilities (Tables)                                             
53: R37         Derivative Instruments and Hedging Activities       HTML    101K 
                (Tables)                                                         
54: R38         Inventories (Tables)                                HTML     45K 
55: R39         Property and Equipment, Net (Tables)                HTML     56K 
56: R40         Goodwill and Other Intangible Assets (Tables)       HTML    115K 
57: R41         Commitments and Contingencies (Tables)              HTML     43K 
58: R42         Accumulated Other Comprehensive Loss (Tables)       HTML     44K 
59: R43         Stock-Based Compensation (Tables)                   HTML    195K 
60: R44         Income Taxes (Tables)                               HTML    189K 
61: R45         Earnings Per Share (Tables)                         HTML     44K 
62: R46         Segment Information (Tables)                        HTML    138K 
63: R47         Related Party Transactions (Tables)                 HTML     44K 
64: R48         Organization and Summary of Significant Accounting  HTML     58K 
                Policies (Details)                                               
65: R49         Organization and Summary of Significant Accounting  HTML     35K 
                Policies - Goodwill (Details)                                    
66: R50         ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING  HTML     34K 
                POLICIES - Other Intangibles (Details)                           
67: R51         ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING  HTML     35K 
                POLICIES - Foreign Currency Translation and                      
                Transactions (Details)                                           
68: R52         ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING  HTML     34K 
                POLICIES - Freight-Out Costs (Details)                           
69: R53         ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING  HTML     34K 
                POLICIES - Advertising and Promotional Expenses                  
                (Details)                                                        
70: R54         ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING  HTML     46K 
                POLICIES - Concentration of Risk (Details)                       
71: R55         Acquisitions (Details)                              HTML     50K 
72: R56         Acquisitions - Preliminary fair value allocation    HTML     63K 
                (Details)                                                        
73: R57         Revenue Recognition - (Details)                     HTML     38K 
74: R58         Revenue Recognition - Disaggregation of Revenue     HTML     68K 
                (Details)                                                        
75: R59         REVENUE RECOGNITION - Contract Liabilities          HTML     36K 
                (Details)                                                        
76: R60         LEASES - Lease Terms (Details)                      HTML     56K 
77: R61         LEASES - Lease Cost (Details)                       HTML     49K 
78: R62         LEASES - Supplemental cash flow information         HTML     45K 
                (Details)                                                        
79: R63         LEASES - Supplemental balance sheet information     HTML     63K 
                (Details)                                                        
80: R64         LEASES - Weighted-average remaining lease term and  HTML     41K 
                weighted-average discount rate (Details)                         
81: R65         LEASES - Undiscounted future lease payments for     HTML     70K 
                operating and finance leases (Details)                           
82: R66         Investments (Details)                               HTML     86K 
83: R67         Investments - Maturity Period (Details)             HTML     66K 
84: R68         Fair Value of Certain Financial Assets and          HTML    124K 
                Liabilities (Details)                                            
85: R69         DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES -     HTML     51K 
                Fair value (Details)                                             
86: R70         DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES -     HTML     49K 
                Hedging designation (Details)                                    
87: R71         DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES -     HTML     48K 
                Non hedging designation (Details)                                
88: R72         Inventories (Details)                               HTML     41K 
89: R73         Property and Equipment, Net (Details)               HTML     64K 
90: R74         GOODWILL AND OTHER INTANGIBLE ASSETS - Goodwill     HTML     52K 
                (Details)                                                        
91: R75         GOODWILL AND OTHER INTANGIBLE ASSETS - Intangible   HTML     55K 
                assets (Details)                                                 
92: R76         GOODWILL AND OTHER INTANGIBLE ASSETS -              HTML     48K 
                Amortization expense (Details)                                   
93: R77         Distribution Agreements (Details)                   HTML     37K 
94: R78         Debt (Details)                                      HTML     59K 
95: R79         COMMITMENTS AND CONTINGENCIES - Contractual         HTML     45K 
                obligations (Details)                                            
96: R80         COMMITMENTS AND CONTINGENCIES - Purchase            HTML     40K 
                Commitments (Details)                                            
97: R81         COMMITMENTS AND CONTINGENCIES - Litigation          HTML     34K 
                (Details)                                                        
98: R82         Accumulated Other Comprehensive Loss (Details)      HTML     43K 
99: R83         Treasury Stock (Details)                            HTML     74K 
100: R84         Stock-Based Compensation (Details)                  HTML     88K  
101: R85         Stock-Based Compensation - Fair Value Assumptions   HTML     42K  
                (Details)                                                        
102: R86         STOCK-BASED COMPENSATION - Stock Option Activity    HTML     89K  
                (Details)                                                        
103: R87         STOCK-BASED COMPENSATION - Exercise Prices          HTML     96K  
                (Details)                                                        
104: R88         STOCK-BASED COMPENSATION - Equity Awards (Details)  HTML    104K  
105: R89         STOCK-BASED COMPENSATION - Expense (Details)        HTML     49K  
106: R90         Income Taxes (Details)                              HTML     36K  
107: R91         Income Taxes - Classification and Reconciliation    HTML     99K  
                (Details)                                                        
108: R92         INCOME TAXES - Deferred Taxes (Details)             HTML     99K  
109: R93         INCOME TAXES - Unrecognized Tax Benefit             HTML     42K  
                Rollforward (Details)                                            
110: R94         Earnings Per Share (Details)                        HTML     42K  
111: R95         Employee Benefit Plan (Details)                     HTML     51K  
112: R96         SEGMENT INFORMATION - Net Revenues (Details)        HTML     72K  
113: R97         SEGMENT INFORMATION - Depreciation and              HTML     46K  
                Amortization (Details)                                           
114: R98         SEGMENT INFORMATION - Expenses (Details)            HTML     46K  
115: R99         SEGMENT INFORMATION - Concentration Risk (Details)  HTML     54K  
116: R100        SEGMENT INFORMATION - Goodwill and other            HTML     43K  
                intangible assets (Details)                                      
117: R101        Related Party Transactions (Details)                HTML     79K  
118: R102        Schedule Ii - Valuation and Qualifying Accounts     HTML     46K  
                (Details)                                                        
119: R103        Insider Trading Arrangements                        HTML     38K  
121: XML         IDEA XML File -- Filing Summary                      XML    225K  
124: XML         XBRL Instance -- mnst-20231231x10k_htm               XML   4.82M  
120: EXCEL       IDEA Workbook of Financial Report Info              XLSX    212K  
13: EX-101.CAL  XBRL Calculations -- mnst-20231231_cal               XML    282K 
14: EX-101.DEF  XBRL Definitions -- mnst-20231231_def                XML    937K 
15: EX-101.LAB  XBRL Labels -- mnst-20231231_lab                     XML   2.02M 
16: EX-101.PRE  XBRL Presentations -- mnst-20231231_pre              XML   1.43M 
12: EX-101.SCH  XBRL Schema -- mnst-20231231                         XSD    245K 
122: JSON        XBRL Instance as JSON Data -- MetaLinks              737±  1.12M  
123: ZIP         XBRL Zipped Folder -- 0001104659-24-029425-xbrl      Zip    711K  


‘EX-32.3’   —   Certification — §906 – SOA’02


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:  <!  <> 

EXHIBIT 32.3

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the annual report of Monster Beverage Corporation (the “Company”) on Form 10-K for the year ended December 31, 2023 as filed with the Securities and Exchange Commission (the “Report”), the undersigned, Thomas J. Kelly, Chief Financial Officer of the Company, certifies, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1.

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:

February 29, 2024

/s/ Thomas J. Kelly

Thomas J. Kelly

Chief Financial Officer



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/29/248-K/A
For Period end:12/31/23
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/08/24  Monster Beverage Corp.            SC TO-I                9:13M  Monster Beverage Corp.            Toppan Merrill/FA


17 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/27/23  Monster Beverage Corp.            8-K:5,9     6/22/23   12:403K                                   Toppan Merrill/FA
 1/13/23  Monster Beverage Corp.            8-K:4,9     1/11/23   12:211K                                   Toppan Merrill/FA
 5/06/22  Monster Beverage Corp.            10-Q        3/31/22   97:11M                                    Toppan Merrill/FA
 5/07/21  Monster Beverage Corp.            10-Q        3/31/21   97:10M                                    Toppan Merrill/FA
 3/01/21  Monster Beverage Corp.            10-K       12/31/20  120:15M                                    Toppan Merrill/FA
 5/11/20  Monster Beverage Corp.            10-Q        3/31/20   95:10M                                    Toppan Merrill/FA
 4/21/20  Monster Beverage Corp.            DEF 14A     6/03/20    1:2M                                     Toppan Merrill/FA
 2/28/20  Monster Beverage Corp.            10-K       12/31/19  116:15M                                    Toppan Merrill/FA
 6/11/19  Monster Beverage Corp.            8-K:5,9     6/06/19    2:163K                                   Toppan Merrill/FA
 3/20/18  Monster Beverage Corp.            8-K:1,9     3/16/18    2:39K                                    Toppan Merrill/FA
 3/01/18  Monster Beverage Corp.            10-K       12/31/17  115:12M                                    Toppan Merrill/FA
 6/21/17  Monster Beverage Corp.            S-8         6/21/17    5:444K                                   Toppan Merrill/FA
 8/10/15  Monster Beverage Corp.            10-Q        6/30/15   84:10M                                    Toppan Merrill/FA
 8/18/14  Monster Beverage Corp.            8-K:1,3,9   8/14/14    3:1.5M                                   Toppan Merrill/FA
 3/19/14  Monster Beverage Corp.            8-K:5,9     3/18/14    3:162K
 8/09/11  Monster Beverage Corp.            10-Q        6/30/11   67:10M                                    Toppan Merrill/FA
 5/24/11  Monster Beverage Corp.            8-K:5,9     5/19/11    2:171K
Top
Filing Submission 0001104659-24-029425   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Sat., May 11, 2:11:37.2am ET