GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 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:

	September 30, 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	$	(51,684)	$	106,415	$	(42,367)	8.8	years
NDAs and product rights		242,372		(132,146)		230,974		(112,483)	9.9	years
Marketing and distribution rights		17,157		(12,107)		17,157		(11,386)	5.7	years
Non-compete agreement		624		(490)		624		(423)	7.0	years
	$	366,568	$	(196,427)	$	355,170	$	(166,659)	9.4	years

Schedule of expected future amortization expense

Expected future amortization expense is as follows:

(in thousands)
2021	$	10,057
2022		36,828
2023		36,080
2024		33,103
2025		29,755
2026 and thereafter		24,318
Total	$	170,141