XML 18 R27.htm IDEA: XBRL DOCUMENT v3.19.3
GOODWILL AND DEFINITE-LIVED INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2019
GOODWILL AND DEFINITE-LIVED INTANGIBLE ASSETS  
Schedule of changes in goodwill by segment

​

​

​

​

​

​

​

​

​

​

​

​

    

Specialty

    

PBM(a)

    

Total

Balance at January 1, 2019

​

​

​

​

​

​

​

​

​

Goodwill

​

$

386,436

​

$

448,122

 

$

834,558

Accumulated impairment losses

​

​

(45,776)

​

​

(179,190)

​

​

(224,966)

​

 

 

340,660

​

​

268,932

 

​

609,592

Goodwill acquired with InTouch acquisition

​

​

7,082

​

​

—

​

​

7,082

Impairment losses (second quarter)

​

​

(68,218)

​

​

(54,673)

​

​

(122,891)

Impairment losses (third quarter)

 

 

—

​

​

(122,076)

 

​

(122,076)

Other

​

​

—

​

​

(138)

​

​

(138)

Balance at September 30, 2019

​

​

​

​

​

​

​

​

​

Goodwill

​

​

393,518

​

​

447,984

​

​

841,502

Accumulated impairment losses

​

​

(113,994)

​

​

(355,939)

​

​

(469,933)

​

​

$

279,524

​

$

92,045

 

$

371,569

​

(a)The goodwill in the PBM segment was recorded as a result of two separately acquired entities (i) Pharmaceutical Technologies, Inc. d/b/a National Pharmaceutical Services, acquired in November 27, 2017, and (ii) LDI Holding Company, LLC, acquired December 20, 2017.
Schedule of definite-lived intangible assets

​

​

​

​

​

​

​

​

​

​

​

​

​

​

 

September 30, 2019

​

​

Weighted

​

​

​

​

​

​

​

​

​

​

 

Average

 

Gross

​

​

​

 

Net

​

 

Amortization

 

Carrying

 

Accumulated

 

Carrying

​

    

Period Remaining

    

Amount

    

Amortization

    

Amount

Customer relationships

​

9.3

​

$

52,000

​

$

—

 

$

52,000

Patient relationships

​

5.3

​

​

174,500

​

​

(81,535)

​

​

92,965

Trade names and trademarks

 

2.7

 

 

29,620

​

​

(25,171)

 

​

4,449

Non-compete employment agreements

 

1.3

 

 

51,659

​

​

(45,275)

 

​

6,384

Total definite-lived intangible assets

​

​

​

$

307,779

​

$

(151,981)

 

$

155,798

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2018

​

​

Weighted

​

​

​

​

​

​

​

​

​

​

​

Average

 

Gross

​

​

​

 

Net

​

​

Amortization

 

Carrying

 

Accumulated

 

Carrying

​

    

Period Remaining

    

Amount

    

Amortization

    

Amount

Customer relationships

​

9.8

​

$

100,200

​

$

(1,238)

 

$

98,962

Patient relationships

​

5.9

​

​

170,100

​

​

(67,964)

​

​

102,136

Trade names and trademarks

​

1.8

​

 

30,650

​

​

(20,270)

 

​

10,380

Non-compete employment agreements

​

1.6

​

 

61,389

​

​

(44,100)

 

​

17,289

Physician relationships

​

4.8

​

​

21,700

​

​

(9,657)

​

​

12,043

Total definite-lived intangible assets

​

​

​

$

384,039

​

$

(143,229)

 

$

240,810