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Product Acquisitions | 12 Months Ended
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Dec. 31, 2014
Product Acquisitions | (8) Product Acquisitions All product acquisitions made after January 1, 2009 have been accounted for pursuant to FASB ASC 805. 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, 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 |
Impact of movement in exchange rates |  |  | (162 | )
Amortization expense |  |  | (6,352 | )
Intangible assets at December 31, 2013 |  | $ | 107,007 |
Write off during fiscal 2014 |  |  | (319 | )
Impact of movement in exchange rates |  |  | (86 | )
Amortization expense |  |  | (6,391 | )
Intangible assets at December 31, 2014 |  | $ | 100,211 |
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.
|  | 2014 |  |  | 2013 |
$000’s |  | Gross |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Gross |  |  | Accumulated Amortization |  |  | Net Book Value |
Product Rights |  | $ | 138,466 |  |  | $ | 49,733 |  |  | $ | 88,733 |  |  | $ | 139,094 |  |  | $ | 44,254 |  |  | $ | 94,840 |
Customer Lists |  |  | 1,091 |  |  |  | 437 |  |  |  | 654 |  |  |  | 1,091 |  |  |  | 328 |  |  |  | 763 |
Trademarks |  |  | 12,941 |  |  |  | 2,117 |  |  |  | 10,824 |  |  |  | 12,941 |  |  |  | 1,537 |  |  |  | 11,404 |
Total Intangibles |  | $ | 152,498 |  |  | $ | 52,287 |  |  | $ | 100,211 |  |  | $ | 153,126 |  |  | $ | 46,119 |  |  | $ | 107,007 |
The following schedule represents future amortization charges related to intangible assets:
Year ending December 31, |  |  |
2015 |  | $ | 6,371 |
2016 |  |  | 6,371 |
2017 |  |  | 6,371 |
2018 |  |  | 6,371 |
2019 |  |  | 6,371 |
Thereafter |  |  | 68,356 |
|  | $ | 100,211 |
The following schedule represents the Company’s obligations under product acquisitions and licensing agreements:
|  | Amount |
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 |
Adjustment to deferred liabilities |  |  | (297 | )
FX impact |  |  | (1 | )
Amortization of discounted liabilities |  |  | 174 |
Payments on existing obligations |  |  | (7,890 | )
Obligations under acquisition agreements at December 31, 2013 |  | $ | 3,886 |
Adjustment to deferred liabilities |  |  | (32 | )
Amortization of discounted liabilities |  |  | 324 |
Payments on existing obligations |  |  | (1,686 | )
Obligations under acquisition agreements at December 31, 2014 |  | $ | 2,492 |
During 2014, the Company remeasured the fair value of the earn out liabilities related to the acquisitions completed in the first quarter of 2010. Based on the remeasurement, the fair value was reduced by $32. The fair value change had the effect of reducing operating expenses by $32. During 2013, the Company remeasured the fair value of the earn out liabilities related to the acquisitions completed in the first quarter of 2010. Based on the remeasurement, the fair value was reduced by $297. The fair value change had the effect of reducing operating expenses by $297. During 2012, the Company remeasured the fair value of the earn out liabilities related to the acquisitions completed in the first quarter of 2010. Based on the remeasurement, the fair value was reduced by $216. The fair value change had the effect of reducing cost of sales by $0 and operating expenses by $216. As of December 31, 2014, the $2,492 in remaining obligations under product acquisitions and licensing agreements is included in other liabilities.

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- Definition This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to intangibles acquired in connection with a business combination for which the initial accounting was complete. + References No definition available. + Details
Name: | avd_AcquisitionTextBlock
Namespace Prefix: | avd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration