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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2020
GOODWILL AND INTANGIBLE ASSETS  
Schedule of components of net definite-lived intangible assets

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

June 30, 2020

December 31, 2019

Weighted Average

Gross Carrying  

Accumulated

Gross Carrying

Accumulated

Amortization

(in thousands)

  

Amount

  

Amortization

  

Amount

  

Amortization

  

Period

Acquired ANDA intangible assets

$

103,394

$

(36,155)

$

64,704

$

(30,169)

 

8.9

years

NDAs and product rights

 

230,974

 

(99,918)

 

230,974

 

(87,352)

 

10.0

years

Marketing and distribution rights

 

17,657

 

(10,452)

 

10,923

 

(8,982)

 

5.7

years

Non-compete agreement

 

624

 

(379)

 

624

 

(334)

 

7.0

years

$

352,649

$

(146,904)

$

307,225

$

(126,837)

Schedule of expected future amortization expense

Expected future amortization expense is as follows:

(in thousands)

    

2020

$

19,593

2021

 

38,223

2022

 

34,818

2023

 

34,070

2024

 

31,093

2025 and thereafter

 

47,948

Total

$

205,745