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Other Intangible Assets
12 Months Ended
Dec. 31, 2015
Text Block [Abstract]  
Other Intangible Assets
5. Other Intangible Assets:

Other intangible assets, net, consisting of product rights and licenses are summarized as follows:

 

December 31, 2015

   Gross Carrying
Value
     Accumulated
Amortization
     Intangible Assets,
net
     Weighted average
Useful Life
 

Product Rights

   $ 9,050       $ (6,177    $ 2,873         9.13   

Licenses

     1,900         (1,517      383         1.72   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Intangible Assets

   $ 10,950       $ (7,694    $ 3,256         10.85   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

December 31, 2014

   Gross Carrying
Value
     Accumulated
Amortization
     Intangible Assets,
net
     Weighted average
Useful Life
 

Product Rights

   $ 9,050       $ (5,302    $ 3,748         9.14   

Licenses

     1,900         (1,422      478         1.66   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Intangible Assets

   $ 10,950       $ (6,724    $ 4,226         10.80   
  

 

 

    

 

 

    

 

 

    

 

 

 

The Company incurred amortization expense on other intangible assets of approximately $1.0 million, $1.0 million and $1.1 million for the years ended December 31, 2015, 2014 and 2013, respectively. Estimated aggregate future amortization expenses for other intangible assets for each of the next five years and thereafter are as follows:

 

Years ending December 31,       

2016

   $ 970   

2017

     925   

2018

     657   

2019

     657   

2020

     47   
  

 

 

 
   $ 3,256