XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of components of intangible assets | The components of definite-lived intangible assets and indefinite-lived intangible assets, other than goodwill, are as follows:
| June 30, 2024 |  | December 31, 2023 | Remaining Weighted Average Amortization Period(1)
(in thousands) | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount |  | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount
Definite-Lived Intangible Assets: |  |  |  |  |  |  |  |
Acquired ANDAs intangible assets | $ | 209,780 |  | $ | (112,742) |  | $ | 97,038 |  |  | $ | 209,780 |  | $ | (100,660) |  | $ | 109,120 |  | 4.8 years
NDAs and product rights | 244,871 |  | (196,451) |  | 48,420 |  |  | 244,871 |  | (184,861) |  | 60,010 |  | 2.8 years
Marketing and distribution rights | 17,157 |  | (14,752) |  | 2,405 |  |  | 17,157 |  | (14,271) |  | 2,886 |  | 2.5 years
Customer relationships | 24,900 |  | (9,485) |  | 15,415 |  |  | 24,900 |  | (7,707) |  | 17,193 |  | 4.3 years
Total Definite-Lived Intangible Assets | 496,708 |  | (333,430) |  | 163,278 |  |  | 496,708 |  | (307,499) |  | 189,209 |  | 4.1 years
Indefinite-Lived Intangible Assets: |  |  |  |  |  |  |  |
In process research and development | 19,800 |  | — |  | 19,800 |  |  | 19,800 |  | — |  | 19,800 |  | Indefinite
Total Intangible Assets, net | $ | 516,508 |  | $ | (333,430) |  | $ | 183,078 |  |  | $ | 516,508 |  | $ | (307,499) |  | $ | 209,009 |  |
(1)Weighted average amortization period as of June 30, 2024.
Schedule of expected future amortization expense for definite-lived intangible assets | Expected future amortization expense for definite-lived intangible assets is as follows:
(in thousands) |
2024 (remainder of the year) | $ | 24,896 |
2025 | 47,592 |
2026 | 34,107 |
2027 | 25,140 |
2028 | 18,359 |
2029 and thereafter | 13,184 |
Total | $ | 163,278 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration