Product Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Intangible Assets Recognized in Connection with Product Acquisitions

The following schedule represents intangible assets recognized in connection with product acquisitions (See description of Business, Basis of Consolidation and Significant Accounting Policies for the Company’s accounting policy regarding intangible assets):


	Amount
Intangible assets at December 31, 2010	$	115,249
Acquisitions during fiscal 2011		316
Impact of movement in exchange rates and other adjustments		(161	)
Other adjustments related to deferred liabilities		6,802
Amortization expense		(6,017	)

Intangible assets at December 31, 2011		116,189
Acquisitions during fiscal 2012		3,473
Impact of movement in exchange rates		(118	)
Amortization expense		(6,023	)

Intangible assets at December 31, 2012		113,521
Acquisitions during fiscal 2013		—
Impact of movement in exchange rates		(162	)
Amortization expense		(6,352	)

Intangible assets at December 31, 2013	$	107,007

Schedule of Gross Carrying Amount and Accumulated Amortization of Intangible Assets

The following schedule represents the gross carrying amount and accumulated amortization of the intangible assets. Product rights are amortized over their expected useful lives of 25 years. Customer lists are amortized over their expected useful lives of ten years, and trademarks are amortized over their expected useful lives of 25 years.


	2013						2012
$000’s	Gross		Accumulated Amortization		Net Book Value		Gross		Accumulated Amortization		Net Book Value
Product Rights	$	139,094	$	44,254	$	94,840	$	139,256	$	38,530	$	100,726
Customer Lists		1,091		328		763		1,091		218		873
Trademarks		12,941		1,537		11,404		12,941		1,019		11,922

Total Intangibles	$	153,126	$	46,119	$	107,007	$	153,288	$	39,767	$	113,521

Schedule of Future Amortization Charges Related to Intangible Assets

The following schedule represents future amortization charges related to intangible assets:


Year ending December 31,
2014	$	6,352
2015		6,352
2016		6,352
2017		6,352
2018		6,352
Thereafter		75,247

	$	107,007

Schedule of Company's Obligations under Product Acquisitions and Licensing Agreements

The following schedule represents the Company’s obligations under product acquisitions and licensing agreements:


	Amount
Obligations under acquisition agreements at December 31, 2010		12,822
Additional obligations acquired		216
Addition of deferred liabilities		6,802
Adjustment to deferred liabilities		(2,857	)
FX impact		101
Amortization of discounted liabilities		1,341
Payments on existing obligations		(801	)

Obligations under acquisition agreements at December 31, 2011		17,624
Additional obligations acquired		1,073
Adjustment to deferred liabilities		(216	)
FX impact		48
Amortization of discounted liabilities		818
Payments on existing obligations		(7,447	)

Obligations under acquisition agreements at December 31, 2012		11,900
Additional obligations acquired		—
Adjustment to deferred liabilities		(294	)
FX impact		(1	)
Amortization of discounted liabilities		171
Payments on existing obligations		(7,890	)

Obligations under acquisition agreements at December 31, 2013	$	3,886