INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2019

INTANGIBLE ASSETS

Schedule Of Goodwill

Changes in the carrying amount of goodwill as of December 31 are as follows:

(in thousands)	2019		2018
Balance at beginning of year	$	3,580	$	1,838
Acquisition of WellSpring (Note 2)		—		1,742
Balance at end of year	$	3,580	$	3,580

Schedule of components of net definite-lived intangible assets

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

	December 31, 2019				December 31, 2018				Weighted Average
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		Amortization
(in thousands)	Amount		Amortization		Amount		Amortization		Period
Acquired ANDA intangible assets	$	64,704	$	(30,169)	$	46,194	$	(17,093)	10.0 years
NDAs and product rights		230,974		(87,352)		230,974		(62,222)	10.0 years
Marketing and distribution rights		10,923		(8,982)		10,423		(7,051)	4.7 years
Non-compete agreement		624		(334)		624		(245)	7.0 years
	$	307,225	$	(126,837)	$	288,215	$	(86,611)	10.0 years

Schedule of expected future amortization expense

Expected future amortization expense is as follows for the years ending December 31:

(in thousands)
2020	$	33,180
2021		31,734
2022		28,329
2023		27,581
2024		24,604
2025 and thereafter		34,960
Total	$	180,388