Goodwill and Intangible Assets (Tables)

6 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets

Schedule of changes in the carrying amount of goodwill

(In thousands)	Generic Pharmaceuticals
Balance at June 30, 2016	$	333,611
Measurement-period adjustments	5,955
Balance at December 31, 2016	$	339,566

Summary of intangible assets, net

	Weighted	Gross Carrying Amount				Accumulated Amortization						Intangible Assets, Net
(In thousands)	Avg. Life (Yrs.)	December 31, 2016		June 30, 2016		December 31, 2016			June 30, 2016			December 31, 2016		June 30, 2016
Definite-lived:
Cody Labs import license	15	$	582	$	582	$	(328	)	$	(309	)	$	254	$	273
KUPI product rights	15	434,000		427,000		(28,819		)	(17,119		)	405,181		409,881
KUPI trade name	2	2,920		2,920		(1,608		)	(878		)	1,312		2,042
KUPI other intangible assets	15	19,000		19,000		(1,395		)	(762		)	17,605		18,238
Silarx product rights	15	10,000		10,000		(1,056		)	(722		)	8,944		9,278
Other product rights	14	653		653		(333		)	(311		)	320		342
Total definite-lived		$	467,155	$	460,155	$	(33,539	)	$	(20,101	)	$	433,616	$	440,054
Indefinite-lived:
KUPI in-process research and development	—	$	18,000	$	117,000	$	—		$	—		$	18,000	$	117,000
Silarx in-process research and development	—	18,000		18,000		—			—			18,000		18,000
Other product rights	—	449		449		—			—			449		449
Total indefinite-lived		36,449		135,449		—			—			36,449		135,449
Total intangible assets, net		$	503,604	$	595,604	$	(33,539	)	$	(20,101	)	$	470,065	$	575,503

Summary of future annual amortization expense

(In thousands) Fiscal Year Ending June 30,	Annual Amortization Expense
2017	$	16,204
2018	31,530
2019	30,946
2020	30,938
2021	30,938
Thereafter	293,060
	$	433,616