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Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2018
Intangible Assets  
Summary of intangible assets, net

 

 

 

Weighted

 

Gross Carrying Amount

 

Accumulated Amortization

 

Intangible Assets, Net

 

(In thousands)

 

Avg. Life
(Yrs.)

 

March 31,
2018

 

June 30,
2017

 

March 31,
2018

 

June 30,
2017

 

March 31,
2018

 

June 30,
2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Definite-lived:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cody Labs import license

 

15

 

$

582

 

$

582

 

$

(376

)

$

(347

)

$

206

 

$

235

 

KUPI product rights

 

15

 

416,154

 

434,000

 

(62,904

)

(43,286

)

353,250

 

390,714

 

KUPI trade name

 

2

 

2,920

 

2,920

 

(2,920

)

(2,338

)

 

582

 

KUPI other intangible assets

 

15

 

19,000

 

19,000

 

(2,978

)

(2,028

)

16,022

 

16,972

 

Silarx product rights

 

15

 

10,000

 

10,000

 

(1,889

)

(1,389

)

8,111

 

8,611

 

Other product rights

 

11

 

7,691

 

653

 

(1,147

)

(355

)

6,544

 

298

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total definite-lived

 

 

 

$

456,347

 

$

467,155

 

$

(72,214

)

$

(49,743

)

$

384,133

 

$

417,412

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite-lived:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

KUPI in-process research and development

 

 

$

18,000

 

$

18,000

 

$

 

$

 

$

18,000

 

$

18,000

 

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

 

36,449

 

 

 

36,449

 

36,449

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets, net

 

 

 

$

492,796

 

$

503,604

 

$

(72,214

)

$

(49,743

)

$

420,582

 

$

453,861

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of future annual amortization expense

 

(In thousands)
Fiscal Year Ending June 30,

 

Annual Amortization Expense

 

2018

 

$

14,307

 

2019

 

30,923

 

2020

 

30,082

 

2021

 

30,082

 

2022

 

30,082

 

Thereafter

 

248,657

 

 

 

 

 

 

 

$

384,133