GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2016

GOODWILL AND INTANGIBLE ASSETS

Schedule of Intangible Assets and Goodwill

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

(in thousands)	September 30, 2016					December 31, 2015					Weighted Average
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization			Amortization Period
Acquired ANDA intangible assets	$	42,076	$	(7,340	)	$	42,076	$	(4,287	)		10.0 years
NDAs and product rights		161,150		(16,548	)		33,422		(5,754	)		10.1 years
Marketing and distribution rights		11,042		(2,011	)		1,000		(60	)		4.7 years
Non-compete agreement		624		(44	)		-		-			7.0 years
	$	214,892	$	(25,943	)	$	76,498	$	(10,101	)

Finite-lived Intangible Assets Amortization Expense

Expected future amortization expense is as follows:

(in thousands)
2016 (remainder of the year)	$	5725
2017		22,722
2018		22,367
2019		22,367
2020		21,885
2021 and thereafter		93,883
Total	$	188,949