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Intangible Assets and Goodwill | 12 Months Ended
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Dec. 31, 2017
Business Combinations [Abstract] |
Intangible Assets and Goodwill | (9) Intangible Assets and Goodwill 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, 2014 |  | $ | 100,211 |
Additions during fiscal 2015 |  |  | 36,667 |
Write offs during fiscal 2015 |  |  | (33 | )
Impact of movement in exchange rates |  |  | (197 | )
Amortization expense |  |  | (7,488 | )
Intangible assets at December 31, 2015 |  |  | 129,160 |
Additions during fiscal 2016 |  |  | 224 |
Write offs during fiscal 2016 |  |  | (78 | )
Impact of movement in exchange rates |  |  | 69 |
Amortization expense |  |  | (7,942 | )
Intangible assets at December 31, 2016 |  |  | 121,433 |
Additions during fiscal 2017 |  |  | 68,327 |
Impact of movement in exchange rates |  |  | (6 | )
Amortization expense |  |  | (8,804 | )
Intangible assets at December 31, 2017 |  | $ | 180,950 |
Goodwill at December 31, 2016 |  |  | — |
Additions during fiscal 2017 |  |  | 22,184 |
Goodwill at December 31, 2017 |  | $ | 22,184 |
Intangible assets and goodwill at December 31, 2017 |  | $ | 203,134 |
The following schedule represents the gross carrying amount and accumulated amortization of intangible assets and goodwill. Product rights and trademarks are amortized over their expected useful lives of 25 years. Customer lists are amortized over their expected useful lives of ten years.
|  | 2017 |  |  | 2016 |
$000’s |  | Gross |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Gross |  |  | Accumulated Amortization |  |  | Net Book Value |
Product Rights |  | $ | 223,022 |  |  | $ | 70,701 |  |  | $ | 152,321 |  |  | $ | 167,906 |  |  | $ | 63,141 |  |  | $ | 104,765 |
Trademarks |  |  | 27,541 |  |  |  | 4,233 |  |  |  | 23,308 |  |  |  | 18,041 |  |  |  | 3,411 |  |  |  | 14,630 |
Customer Lists |  |  | 6,791 |  |  |  | 1,470 |  |  |  | 5,321 |  |  |  | 3,091 |  |  |  | 1,053 |  |  |  | 2,038 |
Goodwill |  |  | 22,184 |  |  |  | — |  |  |  | 22,184 |  |  |  | — |  |  |  | — |  |  |  | — |
Total intangibles and goodwill |  | $ | 279,538 |  |  | $ | 76,404 |  |  | $ | 203,134 |  |  | $ | 189,038 |  |  | $ | 67,605 |  |  | $ | 121,433 |
The following schedule represents future amortization charges related to intangible assets:
Year ending December 31, |  |  |  |
2018 |  | $ | 10,732 |
2019 |  |  | 10,732 |
2020 |  |  | 10,784 |
2021 |  |  | 10,675 |
2022 |  |  | 10,554 |
Thereafter |  |  | 127,473 |
|  | $ | 180,950 |
The following schedule represents the Company’s obligations under acquisitions and licensing agreements:
|  | Amount |
Obligations under acquisition agreements at December 31, 2014 |  | $ | 2,492 |
Additional obligations acquired |  |  | 1,367 |
Adjustment to deferred liabilities |  |  | 65 |
Amortization of discounted liabilities |  |  | 135 |
Payments on existing obligations |  |  | (2,524 | )
Obligations under acquisition agreements at December 31, 2015 |  |  | 1,535 |
Additional obligations acquired |  |  | 224 |
Adjustment to deferred liabilities |  |  | (22 | )
Amortization of discounted liabilities |  |  | 38 |
Payments on existing obligations |  |  | (960 | )
Obligations under acquisition agreements at December 31, 2016 |  |  | 815 |
Additional obligations acquired |  |  | 10,992 |
Adjustment to deferred liabilities |  |  | (223 | )
Amortization of discounted liabilities |  |  | 109 |
Payments on existing obligations |  |  | (26 | )
Obligations under acquisition agreements at December 31, 2017 |  | $ | 11,667 |
As of December 31, 2017, the $11,667 in remaining obligations under product acquisitions and licensing agreements is included in other liabilities.

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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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