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Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2013
Intangible Assets  
Summary of Intangible assets, net

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Intangible Assets, Net

 

(In thousands)

 

2013

 

2012

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JSP Marketing and Dist. Rights

 

$

16,062

 

$

16,062

 

$

(14,723

)

$

(12,939

)

$

1,339

 

$

3,123

 

Cody Labs Import License

 

582

 

582

 

(193

)

(154

)

389

 

428

 

Morphine Sulfate Oral Solution NDA

 

398

 

398

 

(51

)

(24

)

347

 

374

 

Other ANDA Product Rights(A)

 

600

 

600

 

(128

)

(96

)

472

 

504

 

 

 

$

17,642

 

$

17,642

 

$

(15,095

)

$

(13,213

)

$

2,547

 

$

4,429

 

 

 

(A)  The amounts above include the product line covered by the ANDA’s purchased in August 2009 for $149 thousand.  These ANDA’s are not being amortized at this time and will not be amortized until such time as the Company begins shipping these products.

 

Summary of future annual amortization expense

 

 

(In thousands)
Fiscal Year Ending June 30,

 

Annual Amortization Expense

 

2014

 

$

1,435

 

2015

 

97

 

2016

 

97

 

2017

 

97

 

2018

 

97

 

Thereafter

 

575

 

 

 

$

2,398