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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2025
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, 2025 |  | December 31, 2024 | 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 | $ | 213,514 |  | $ | (136,880) |  | $ | 76,634 |  |  | $ | 210,497 |  | $ | (124,874) |  | $ | 85,623 |  | 4.1 years
NDAs and product rights | 674,321 |  | (243,935) |  | 430,386 |  |  | 641,271 |  | (216,420) |  | 424,851 |  | 10.6 years
Marketing and distribution rights | 17,157 |  | (15,714) |  | 1,443 |  |  | 17,157 |  | (15,233) |  | 1,924 |  | 1.5 years
Customer relationships | 24,900 |  | (13,043) |  | 11,857 |  |  | 24,900 |  | (11,264) |  | 13,636 |  | 3.3 years
Total Definite-Lived Intangible Assets | 929,892 |  | (409,572) |  | 520,320 |  |  | 893,825 |  | (367,791) |  | 526,034 |  | 9.5 years
Indefinite-Lived Intangible Assets: |  |  |  |  |  |  |  |
In process research and development | — |  | — |  | — |  |  | 15,800 |  | — |  | 15,800 |  | Indefinite
Total Intangible Assets, net | $ | 929,892 |  | $ | (409,572) |  | $ | 520,320 |  |  | $ | 909,625 |  | $ | (367,791) |  | $ | 541,834 |  |
(1)Weighted average amortization period as of June 30, 2025.
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) |
2025 (remainder of the year) | $ | 40,688 |
2026 | 69,554 |
2027 | 60,587 |
2028 | 54,596 |
2029 | 48,357 |
2030 and thereafter | 246,538 |
Total | $ | 520,320 |

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- 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
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