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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of intangible assets
The components of definite-lived intangible assets and indefinite-lived intangible assets other than goodwill are as follows:
June 30, 2023December 31, 2022Remaining Weighted Average
Amortization
Period(1)
(in thousands)Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Definite-Lived Intangible Assets:
Acquired ANDAs intangible assets$200,191 $(87,653)$195,862 $(75,606)5.5 years
NDAs and product rights242,372 (173,524)242,372 (162,188)3.4 years
Marketing and distribution rights17,157 (13,790)17,157 (13,309)3.5 years
Non-compete agreement624 (624)624 (602)— years
Customer relationships24,900 (5,929)24,900 (4,150)5.3 years
Total Definite-Lived Intangible Assets485,244 (281,520)480,915 (255,855)4.7 years
Indefinite-Lived Intangible Assets:
In process research and development26,575 — 26,575 — Indefinite
Total Intangible Assets, net$511,819 $(281,520)$507,490 $(255,855)
(1)Weighted average amortization period as of June 30, 2023.
Schedule of expected future amortization expense for definite-lived intangible assets
Expected future amortization expense for definite-lived intangible assets is as follows:
(in thousands)
2023 (remainder of the year)$25,952 
202448,950 
202545,715 
202632,396 
202723,485 
2028 and thereafter27,226 
Total$203,724