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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
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

 

 

 

 

 

 

 

 

 

 

 

 

Product rights

 

12

 

$

27,134

 

$

22,679

 

$

4,455

 

Patents

 

10

 

 

293

 

 

107

 

 

186

 

Trademarks

 

11

 

 

15

 

 

15

 

 

 —

 

Land-use rights

 

39

 

 

2,540

 

 

288

 

 

2,252

 

Other intangible assets

 

1

 

 

590

 

 

533

 

 

57

 

Subtotal

 

12

 

 

30,572

 

 

23,622

 

 

6,950

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Trademark

 

*

 

 

29,225

 

 

 —

 

 

29,225

 

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

Finished pharmaceutical products(1)

 

*

 

 

3,726

 

 

 —

 

 

3,726

 

Subtotal

 

*

 

 

32,951

 

 

 —

 

 

32,951

 

As of December 31, 2015

 

*

 

$

63,523

 

$

23,622

 

$

39,901

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average

 

 

 

 

Accumulated

 

 

 

 

 

    

Life (Years)

    

Original Cost

    

Amortization

    

Net Book Value

 

 

 

(in thousands)

 

Definite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Product rights

 

12

 

$

27,134

 

$

20,896

 

$

6,238

 

Patents

 

10

 

 

293

 

 

78

 

 

215

 

Trademarks

 

11

 

 

19

 

 

15

 

 

4

 

Land-use rights

 

39

 

 

2,540

 

 

221

 

 

2,319

 

Other intangible assets

 

 1

 

 

602

 

 

505

 

 

97

 

Subtotal

 

12

 

 

30,588

 

 

21,715

 

 

8,873

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Trademark

 

*

 

 

29,225

 

 

 

 

29,225

 

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

Finished pharmaceutical products

 

*

 

 

280

 

 

 

 

280

 

API

 

*

 

 

4,187

 

 

 

 

4,187

 

Subtotal

 

*

 

 

33,692

 

 

 

 

33,692

 

As of December 31, 2014

 

*

 

$

64,280

 

$

21,715

 

$

42,565

 


*Intangible assets with indefinite lives have an indeterminable average life.

Schedule of changes in carrying amounts of goodwill

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

 

 

2015

 

2014

 

 

 

 

(in thousands)

 

Beginning balance

    

 

$

4,467

    

$

280

 

Goodwill related to acquisition of business

 

 

 

 —

 

 

4,369

 

Currency translation and other adjustments

 

 

 

(741)

 

 

(182)

 

Ending balance

 

 

$

3,726

 

$

4,467

 

 

Schedule of finite-lived intangible assets, future amortization expense

 

 

 

 

 

 

    

(in thousands)

 

2016

 

$

1,894

 

2017

 

 

1,894

 

2018

 

 

1,003

 

2019

 

 

101

 

2020

 

 

95

 

Thereafter

 

 

1,963

 

Total amortizable intangible assets

 

 

6,950

 

Indefinite-lived intangibles

 

 

32,951

 

Total intangibles (net of accumulated amortization)

 

$

39,901