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Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Business Combinations [Abstract]

Schedule of Intangible Assets Recognized in Connection with Product Acquisitions

The following schedule represents intangible assets recognized in connection with product acquisitions (See Note 1 for the Company’s accounting policy regarding intangible assets):

		Amount
Intangible assets at December 31, 2018		$	186,467
Additions during fiscal 2019			25,368
Write offs			(264	)
Impact of movement in exchange rates			(1,158	)
Amortization expense			(12,152	)
Intangible assets at December 31, 2019			198,261
Additions during fiscal 2020			12,675
Write offs			(41	)
Impact of movement in exchange rates			(637	)
Amortization expense			(12,744	)
Intangible assets at December 31, 2020		$	197,514
Additions during fiscal 2021			10,524
Measurement period adjustment			4,226
Impact of movement in exchange rates			(710	)
Amortization expense			(13,713	)
Intangible assets at December 31, 2021		$	197,841
Goodwill at December 31, 2018		$	25,906
Additions during fiscal 2019			22,652
Impact of movement in exchange rates			(1,885	)
Goodwill at December 31, 2019			46,673
Additions during fiscal 2020			8,830
Other			617
Impact of movement in exchange rates			(4,012	)
Goodwill at December 31, 2020			52,108
Measurement period adjustment			(4,054	)
Impact of movement in exchange rates			(1,794	)
Goodwill at December 31, 2021		$	46,260
Intangible assets and goodwill at December 31, 2021		$	244,101

Schedule of Gross Carrying Amount and Accumulated Amortization of Intangible Assets and Goodwill

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 nine to ten years.

		2021												2020
		Gross				Accumulated Amortization				Net Book Value				Gross				Accumulated Amortization				Net Book Value
Product Rights		$	271,632			$	110,090			$	161,542			$	260,393			$	99,228			$	161,165
Trademarks			40,578				9,870				30,708				37,335				8,111				29,224
Customer Lists			10,966				5,375				5,591				11,539				4,414				7,125
Total intangibles assets			323,176				125,335				197,841				309,267				111,753				197,514
Goodwill			46,260				—				46,260				52,108				—				52,108
Total intangibles and goodwill		$	369,436			$	125,335			$	244,101			$	361,375			$	111,753			$	249,622

Schedule of Future Amortization Charges Related to Intangible Assets

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

Year ending December 31,		Amount
2022		$	13,878
2023			13,369
2024			12,963
2025			12,675
2026			12,531
Thereafter			132,425
		$	197,841

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- Definition

Tabular disclosure of acquired indefinite-lived intangible assets. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. Indefinite-lived assets are assets that are not subject to amortization. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total.

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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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