GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2021

GOODWILL AND INTANGIBLE ASSETS

Schedule of components of net definite-lived intangible assets

The components of net definite-lived intangible assets are as follows:

	March 31, 2021				December 31, 2020				Weighted Average
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		Amortization
(in thousands)	Amount		Amortization		Amount		Amortization		Period
Acquired ANDA intangible assets	$	106,415	$	(45,473)	$	106,415	$	(42,367)	8.8	years
NDAs and product rights		230,974		(118,766)		230,974		(112,483)	10.0	years
Marketing and distribution rights		17,157		(11,626)		17,157		(11,386)	5.7	years
Non-compete agreement		624		(446)		624		(423)	7.0	years
	$	355,170	$	(176,311)	$	355,170	$	(166,659)	9.4	years

Schedule of expected future amortization expense

Expected future amortization expense is as follows:

(in thousands)
2021	$	28,954
2022		35,199
2023		34,451
2024		31,474
2025		28,127
2026 and thereafter		20,654
Total	$	178,859