Intangibles, Net

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles, Net

Intangibles, NetIntangibles, net, consisted of the following:

	September 30, 2020
(in thousands)	Amortization Method	Cost		Accumulated Amortization		Net
Trademarks	Straight-Line	$	13,540	$	(10,820)	$	2,720
Customer relationships	Accelerated	98,966		(95,528)		3,438
Currently marketed product	Straight-Line	142,100		(2,658)		139,442
Licenses	Straight-Line	87,500		(2,159)		85,341
Developed technology	Straight-Line	3,000		(94)		2,906
IPR&D	N/A	150,900		—		150,900
Total		$	496,006	$	(111,259)	$	384,747

	December 31, 2019
(in thousands)	Amortization Method	Cost		Accumulated Amortization		Net
Trademarks	Straight-Line	$	13,540	$	(10,407)	$	3,133
Customer relationships	Accelerated	99,019		(94,816)		4,203
Total		$	112,559	$	(105,223)	$	7,336

The Company recorded amortization expense for its intangible assets of $4.8 million and $0.5 million for the three months ended September 30, 2020 and 2019, respectively, and $6.1 million and $1.4 million for the nine months ended September 30, 2020 and 2019, respectively.

The below table summarizes the estimated aggregate amortization expense expected to be recognized on the above intangible assets:

(in thousands)	Amount
2020	$	4,769
2021	18,813
2022	18,684
2023	18,074
2024	17,998
2025 and thereafter	155,509
Total	$	233,847