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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets  
Schedule of weighted-average life, original cost, accumulated amortization and net book value by major class

Weighted-Average

Accumulated

 

    

Life (Years)

    

Original Cost

    

Amortization

    

Net Book Value

 

(in thousands)

 

Definite-lived intangible assets

IMS (UK) international product rights

10

$

8,625

$

3,378

$

5,247

Patents

 

12

 

486

276

 

210

Land-use rights

 

39

 

2,540

584

 

1,956

Subtotal

 

12

 

11,651

 

4,238

 

7,413

Indefinite-lived intangible assets

Trademark

 

*

 

29,225

 

 

29,225

Goodwill - Finished pharmaceutical products

 

*

 

3,633

 

 

3,633

Subtotal

 

*

 

32,858

 

 

32,858

As of June 30, 2020

 

*

$

44,509

$

4,238

$

40,271

Weighted-Average

Accumulated

 

    

Life (Years)

    

Original Cost

    

Amortization

    

Net Book Value

 

(in thousands)

 

Definite-lived intangible assets

IMS (UK) international product rights

10

$

9,226

$

3,152

$

6,074

Patents

 

12

 

486

 

255

 

231

Land-use rights

 

39

 

2,540

 

551

 

1,989

Other intangible assets

 

4

 

69

 

69

 

Subtotal

 

12

 

12,321

 

4,027

 

8,294

Indefinite-lived intangible assets

Trademark

 

*

 

29,225

 

 

29,225

Goodwill - Finished pharmaceutical products

 

*

 

3,634

 

 

3,634

Subtotal

 

*

 

32,859

 

 

32,859

As of December 31, 2019

 

*

$

45,180

$

4,027

$

41,153

*

Intangible assets with indefinite lives have an indeterminable average life.

Schedule of changes in carrying amounts of goodwill

June 30, 

December 31, 

 

2020

2019

 

(in thousands)

 

Beginning balance

    

$

3,634

    

$

3,951

Currency translation

 

(1)

 

(317)

Ending balance

$

3,633

$

3,634