Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Significant Accounting Policies

Schedule of inventories, net of reserves

Inventories are stated at the lower of cost (first-in, first-out method) or market (current replacement cost) and consist of the following, net of reserves (in thousands):

	As of December 31,
	2014		2013
Raw materials	$	21,317	$	18,377
Work-in-progress		15,994		11,802
Finished goods		29,616		17,579
Total inventories	$	66,927	$	47,758

Schedule of goodwill and other intangible assets

Goodwill and other intangible assets comprise the following (in thousands):

	As of December 31, 2014							As of December 31, 2013
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Goodwill(1)	$	10,264	$	—		$	10,264	$	10,703	$	—		$	10,703
Other intangible assets(1):
Technology, patents and trade names		6,494		(4,100	)		2,394		5,049		(3,730	)		1,319
In-process, research and development		15,500		—			15,500		—		—			—
Customer relationships and non-compete agreements		4,369		(3,062	)		1,307		4,947		(2,886	)		2,061
Contract-based		1,270		(1,270	)		—		2,020		(1,988	)		32
Total	$	37,897	$	(8,432	)	$	29,465	$	22,719	$	(8,604	)	$	14,115

(1) Includes foreign currency translation adjustments.

Future amortization of other intangible assets

As of December 31, 2014, aggregate amortization expense relating to intangible assets for each of the five succeeding years and thereafter is estimated as follows (in thousands):

Year Ended December 31,
2015	$	1,081
2016		615
2017		452
2018		125
2019		125
Thereafter		1,303
	$	3,701

Schedule of property, plant and equipment and the estimated useful lives

Buildings	25-39 Years
Building improvements	10-39 Years
Furniture, equipment and vehicles	3-20 Years
Leasehold improvements	Remaining lease term, or the estimated useful life of the improvement, whichever is shorter

        Property, plant and equipment consists of the following (in thousands):

	As of December 31,
	2014			2013
Land	$	46,141		$	47,677
Buildings, building improvements and leasehold improvements		413,066			381,577
Buildings under construction		17,379			32,609
Furniture, equipment and vehicles		136,805			109,295
		613,391			571,158
Less—accumulated depreciation		(134,970	)		(106,208	)
Property, plant and equipment, net	$	478,421		$	464,950

Schedule of revenues from a single customer

Estimated net revenues from that customer were as follows (in thousands):

	Year Ended December 31,
	2014		2013		2012
Accredo Health Group, Inc.(1)	$	744,765	$	632,599	$	514,095

(1) CuraScript's operations were merged with Accredo's beginning in 2014.