Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in goodwill during the two years ended December 31, 2015 were as follows (in thousands):

	Goodwill
December 31, 2013	$	29,831
Acquisitions and other adjustments	271,249
Impairments	—
Dispositions	(15,284		)
Foreign currency translation	(513		)

December 31, 2014	$	285,283
Acquisitions and other adjustments	—
Impairments	—
Dispositions	—
Foreign currency translation	(573		)

December 31, 2015	$	284,710

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The following table sets forth the major categories of the Company’s intangible assets and the weighted-average remaining amortization period as of December 31, 2015 for those assets that are not already fully amortized (dollar amounts in thousands):

	Gross Carrying Amount		Accumulated Amortization			Reclassifications (1)			Impairment (2)			Net Carrying Amount		Weighted Average Remaining Amortization Period (years)
Product licensing rights	$	782,269	$	(132,642	)	$	38,000		$	(34,000	)	$	653,627	13.2
IPR&D	227,559		—			(38,000		)	(2,627		)	186,932		N/A – Indefinite lived
Trademarks	16,000		(2,982		)	—			—			13,018		21.8
Customer relationships	6,493		(3,716		)	—			—			2,777		11.7
Other intangibles	11,235		(2,600		)	—			—			8,635		7.9
Non-compete agreements	2,167		(2,167		)	—			—			—		0.0

	$	1,045,723	$	(144,107	)	$	—		$	(36,627	)	$	864,989

(1)

This amount reclassifies the acquisition date value of one previously IPR&D asset due to launch in the year ended December 31, 2015.

(2)

Impairment of product licensing rights is stated at gross carrying cost of $34.0 million less accumulated amortization of $3.6 million as of the impairment date. Accordingly, the net impairment expense recognized in product licensing rights was $30.4 million as of and for the year ended December 31, 2015.

Schedule Of Changes Of Finite Lived Intangible Assets [Table Text Block]

Changes in intangible assets during the two years ended December 31, 2015 were as follows (in thousands):

	Product licensing rights			IPR&D			Trademarks			Customer relationships			Other intangibles			Non-compete agreements
December 31, 2013	$	115,900		$	—		$	8,656		$	4,638		$	—		$	1,311
Acquisitions	664,627			227,259			6,500			300			11,234			—
Amortization	(39,188		)	—			(877		)	(1,934		)	(879		)	(615		)
Dispositions	(36,548		)	—			—			—			—			—
Foreign currency translation	—			—			—			31			—			(12		)

December 31, 2014	$	704,791		$	227,259		$	14,279		$	3,035		$	10,356		$	683
Acquisitions	3,535			300			—			—			—			—
Amortization	(62,323		)	—			(1,261		)	(381		)	(1,721		)	(586		)
Impairments	(30,376		)	(2,627		)	—			—			—			—
Dispositions	—			—			—			—			—			—
Foreign currency translation	—			—			—			123			—			(97		)
Reclassifications	38,000			(38,000		)	—			—			—			—

December 31, 2015	$	653,627		$	186,932		$	13,018		$	2,777		$	8,635		$	—

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The amortization expense of acquired intangible assets for each of the following five years will be as follows (in thousands):

Year ending December 31,	Amortization Expense
2016	$	65,717
2017	65,591
2018	65,386
2019	62,559
2020	54,778