XML 32 R18.htm IDEA: XBRL DOCUMENT
v3.24.1

Intangible Assets and Goodwill | 12 Months Ended
--- | ---
Dec. 31, 2023
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 Note 1 for the Company’s accounting policy regarding intangible assets):
|  | Amount |
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 |
Additions during fiscal 2022 |  |  | 1,292 |
Impact of movement in exchange rates |  |  | (516 | )
Amortization expense |  |  | (13,953 | )
Intangible assets at December 31, 2022 |  |  | 184,664 |
Additions during fiscal 2023 |  |  | 941 |
Impact of movement in exchange rates |  |  | 177 |
Amortization expense |  |  | (13,274 | )
Intangible assets at December 31, 2023 |  | $ | 172,508 |
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 |
Impact of movement in exchange rates |  |  | 750 |
Goodwill at December 31, 2022 |  |  | 47,010 |
Additions during fiscal 2023 |  |  | 2,949 |
Impact of movement in exchange rates |  |  | 1,240 |
Goodwill at December 31, 2023 |  | $ | 51,199 |
Intangible assets and goodwill at December 31, 2023 |  | $ | 223,707 |
The following schedule represents the gross carrying amount and accumulated amortization of intangible assets and goodwill as of December 31, 2023 and 2022. Product rights and trademarks are amortized over the lesser of the useful life ranging from 15 to 32 years, or the patent life. Customer lists are amortized over their expected useful lives of nine to ten years. The amortization expense is included in operating expenses on the consolidated statements of operations.
|  | 2023 |  |  | 2022 |
|  | Gross |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Gross |  |  | Accumulated Amortization |  |  | Net Book Value |
Product rights and patents |  | $ | 272,879 |  |  | $ | 131,778 |  |  | $ | 141,101 |  |  | $ | 272,339 |  |  | $ | 121,209 |  |  | $ | 151,130 |
Trademarks |  |  | 40,896 |  |  |  | 13,290 |  |  |  | 27,606 |  |  |  | 40,459 |  |  |  | 11,615 |  |  |  | 28,844 |
Customer lists |  |  | 11,549 |  |  |  | 7,748 |  |  |  | 3,801 |  |  |  | 11,204 |  |  |  | 6,514 |  |  |  | 4,690 |
Total intangibles assets |  |  | 325,324 |  |  |  | 152,816 |  |  |  | 172,508 |  |  |  | 324,002 |  |  |  | 139,338 |  |  |  | 184,664 |
Goodwill |  |  | 51,199 |  |  |  | — |  |  |  | 51,199 |  |  |  | 47,010 |  |  |  | — |  |  |  | 47,010 |
Total intangibles and goodwill |  | $ | 376,523 |  |  | $ | 152,816 |  |  | $ | 223,707 |  |  | $ | 371,012 |  |  | $ | 139,338 |  |  | $ | 231,674 |
Domestic |  | $ | 195,265 |  |  | $ | 99,598 |  |  | $ | 95,667 |  |  | $ | 194,395 |  |  | $ | 92,352 |  |  | $ | 102,043 |
International |  |  | 181,258 |  |  |  | 53,218 |  |  |  | 128,040 |  |  |  | 176,617 |  |  |  | 46,986 |  |  |  | 129,631 |
Total intangibles and goodwill |  | $ | 376,523 |  |  | $ | 152,816 |  |  | $ | 223,707 |  |  | $ | 371,012 |  |  | $ | 139,338 |  |  | $ | 231,674 |
The following schedule represents future amortization charges related to intangible assets:
Year ending December 31, |  | Amount |
2024 |  | $ | 12,887 |
2025 |  |  | 12,704 |
2026 |  |  | 12,644 |
2027 |  |  | 12,501 |
2028 |  |  | 11,633 |
Thereafter |  |  | 110,139 |
|  | $ | 172,508 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration