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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets

The changes in the net carrying amount of goodwill for the years ended December 31, are as follows:
 
 
2018
 
2017
Balance as of January 1,
$
401,954

 
$
397,664

 
 
 
 
Goodwill resulting from business combinations

 
2,209

 
 
 
 
Foreign currency translation
(1,514
)
 
2,081

 
 
 
 
Balance as of December 31,
$
400,440

 
$
401,954


During 2017, we entered into a business combination for which we recorded $2.2 million to goodwill. Total accumulated goodwill impairment losses aggregated $107.0 million at December 31, 2018 and 2017, respectively.

Other intangible assets consist of the following:
 
December 31, 2018
 
December 31, 2017
 
Weighted Average Amortization Period (Years)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Intangible assets with definite lives:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer and distributor relationships
29
$
214,577

 
$
(97,131
)
 
$
214,685

 
$
(86,137
)
 
 
 
 
 
 


 


Sales representation, marketing and promotional rights
25
149,376

 
(42,000
)
 
149,376

 
(36,000
)
 
 
 
 
 
 
 
 
 
Patents and other intangible assets
14
61,473

 
(44,242
)
 
69,668

 
(42,127
)
 
 
 
 
 
 


 


Developed technology
16
91,965

 
(7,369
)
 
62,283

 
(3,352
)
 
 
 
 
 
 
 
 
 
Intangible assets with indefinite lives:
 
 

 
 

 
 

 
 

 
 
 
 
 
 


 


Trademarks and tradenames
 
86,544

 

 
86,544

 

 
 
 
 
 
 
 
 
 
 
24
$
603,935

 
$
(190,742
)
 
$
582,556

 
$
(167,616
)


On January 3, 2012, the Company entered into an agreement with MTF to obtain the right to represent, market, and promote MTF's allograft tissues within the field of sports medicine. The initial consideration from the Company included a $63.0 million up-front payment for the rights and certain assets, with an additional $84.0 million contingently payable over a four year period depending on MTF meeting supply targets for tissue. On January 6, 2016, we paid the final $16.7 million additional consideration installment.

Amortization expense related to intangible assets which are subject to amortization totaled $23.2 million, $21.3 million and $20.0 million for the years ending December 31, 2018, 2017 and 2016, respectively, and is included as a reduction of revenue (for amortization related to our sales representation, marketing and promotional rights) and in selling and administrative expense (for all other intangible assets) in the consolidated statements of comprehensive income. Included in developed technology is $21.3 million of earn-out consideration that was paid during 2018 and an additional accrual of $8.4 million that is considered probable as of December 31, 2018 associated with a prior asset acquisition. The accrual is recorded in other current liabilities at December 31, 2018. This developed technology has a weighted average useful life of 15 years.

During the year ended December 31, 2018, the Company wrote off $9.5 million related to an in-process research and development asset and recorded the net charge to research and development expense. Refer to Notes 12 and 13 for further details.

The estimated amortization expense related to intangible assets at December 31, 2018 and for each of the five succeeding years is as follows:

 
Amortization included in expense
 
Amortization recorded as a reduction of revenue
 
Total
2019
17,978

 
6,000

 
$
23,978

2020
17,995

 
6,000

 
$
23,995

2021
17,042

 
6,000

 
$
23,042

2022
15,583

 
6,000

 
$
21,583

2023
14,879

 
6,000

 
$
20,879