Component: (Network and Table)
Network
00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.monsterbevcorp.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000865752 (http://www.sec.gov/CIK)
CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONSOLIDATED STATEMENTS OF CASH FLOWS
 
 
 
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
Net income
712,685,000  
546,733,000  
483,185,000  
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
40,845,000  
30,860,000  
25,651,000  
(Gain) loss on disposal of property and equipment
(204,000) 
193,000  
(408,000) 
Gain on sale of Monster Non-Energy
 
(161,470,000) 
 
Stock-based compensation
45,848,000  
32,719,000  
28,552,000  
Loss on put option
 
250,000  
842,000  
Gain on investments, net
 
(250,000) 
(801,000) 
Deferred income taxes
(19,092,000) 
(181,582,000) 
(9,846,000) 
Effect on cash of changes in operating assets and liabilities, net of acquisitions and divestitures:
 
 
 
Accounts receivable
(86,382,000) 
(77,331,000) 
(14,290,000) 
Distributor receivables
(19,981,000) 
600,000  
4,580,000  
Inventories
20,875,000  
(7,068,000) 
42,763,000  
Prepaid expenses and other current assets
(6,682,000) 
(9,713,000) 
888,000  
Prepaid income taxes
(48,023,000) 
(11,009,000) 
157,000  
Accounts payable
45,340,000  
20,864,000  
11,282,000  
Accrued liabilities
(2,852,000) 
43,312,000  
3,019,000  
Accrued promotional allowances
(3,939,000) 
7,009,000  
20,530,000  
Accrued distributor terminations
(3,328,000) 
11,196,000  
(2,338,000) 
Accrued compensation
8,051,000  
4,507,000  
3,394,000  
Income taxes payable
4,375,000  
311,534,000  
8,438,000  
Deferred revenue
13,819,000  
(38,631,000) 
(8,107,000) 
Net cash provided by operating activities
701,355,000  
 
522,723,000  
 
597,491,000  
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
Maturities of held-to-maturity investments
868,304,000  
2,089,788,000  
710,294,000  
Sales of available-for-sale investments
120,987,000  
4,001,000  
 
Sales of trading investments
 
4,160,000  
13,075,000  
Proceeds from transfer of distribution rights to TCCC
 
179,658,000  
 
Proceeds from the sale of Monster Non-Energy
 
198,008,000  
 
Purchases of AFF assets, net
(688,485,000) 
  
Proceeds from sale of property and equipment
807,000  
926,000  
963,000  
Purchases of held-to-maturity investments
(152,050,000) 
(2,033,584,000) 
(1,130,601,000) 
Purchases of available-for-sale investments
(300,426,000) 
 
(4,001,000) 
Purchases of property and equipment
(99,819,000) 
(35,605,000) 
(27,952,000) 
Additions to intangibles
(5,518,000) 
(6,888,000) 
(3,411,000) 
Decrease (increase) in other assets
7,000  
(398,000) 
1,230,000  
Net cash (used in) provided by investing activities
(256,193,000) 
 
400,066,000  
 
(440,403,000) 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
Principal payments on debt
(2,359,000) 
(1,083,000) 
(1,619,000) 
Issuance of common stock
16,405,000  
1,696,661,000  
17,168,000  
Purchases of common stock held in treasury
(2,252,437,000) 
(807,967,000) 
(8,175,000) 
Net cash (used in) provided by financing activities
(2,238,391,000) 
 
887,611,000  
 
7,374,000  
 
Effect of exchange rate changes on cash and cash equivalents
(4,606,000) 
(5,306,000) 
(5,488,000) 
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
(1,797,835,000) 
 
1,805,094,000  
 
158,974,000  
 
CASH AND CASH EQUIVALENTS, beginning of year
2,175,417,000  
370,323,000  
211,349,000  
CASH AND CASH EQUIVALENTS, end of year
377,582,000  
 
2,175,417,000  
 
370,323,000  
 
SUPPLEMENTAL INFORMATION:
 
 
 
Cash paid during the period for:
 
 
 
Interest
68,000  
29,000  
34,000  
Income taxes
431,273,000  
224,928,000  
267,251,000