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GOODWILL AND OTHER INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS
Changes in the carrying amount of goodwill for the three-month period ended March 31, 2019 were as follows:
 
Codman Specialty
Surgical
 
Orthopedics and
Tissue Technologies
 
Total
 
(In thousands)
Goodwill at December 31, 2018
$
625,760

 
$
300,715

 
$
926,475

Foreign currency translation
(2,679
)
 
(1,288
)
 
(3,967
)
Goodwill at March 31, 2019
$
623,081

 
$
299,427

 
$
922,508


The components of the Company’s identifiable intangible assets were as follows:
 
March 31, 2019
 
Weighted
Average
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
(Dollars in thousands)
Completed technology
19 years
 
$
852,751

 
$
(178,506
)
 
$
674,245

Customer relationships
13 years
 
231,111

 
(110,519
)
 
120,592

Trademarks/brand names
28 years
 
103,820

 
(25,665
)
 
78,155

Codman trade name
Indefinite
 
161,025

 

 
161,025

Supplier relationships
27 years
 
34,721

 
(16,876
)
 
17,845

All other
4 years
 
10,844

 
(4,076
)
 
6,768

 
 
 
$
1,394,272

 
$
(335,642
)
 
$
1,058,630


 
December 31, 2018
 
Weighted
Average
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
(Dollars in thousands)
Completed technology
19 years
 
$
855,679

 
$
(167,384
)
 
$
688,295

Customer relationships
13 years
 
231,448

 
(106,859
)
 
124,589

Trademarks/brand names
28 years
 
104,061

 
(24,764
)
 
79,297

Codman trade name
Indefinite
 
162,054

 

 
162,054

Supplier relationships
27 years
 
34,721

 
(16,519
)
 
18,202

All other 
4 years
 
10,958

 
(3,899
)
 
7,059

 
 
 
$
1,398,921

 
$
(319,425
)
 
$
1,079,496


Based on quarter-end exchange rates, amortization expense (including amounts reported in cost of product revenues) is expected to be approximately $49.5 million for the remainder of 2019, $65.8 million in 2020, $64.7 million in 2021, $61.2 million in 2022, $60.3 million in 2023, $59.5 million in 2024 and $535.9 million thereafter.
In April of 2019, a contract manufacturing customer of our Private Label product line received a notification from the FDA ordering them to remove their product from the market. Revenue for this customer was approximately $1.7 million and $0.6 million for the twelve month period ended December 31, 2018 and three month period ended March 31, 2019, respectively. The Company has an acquired customer relationship intangible asset associated with this customer with a carrying value of $5.9 million as of March 31, 2019. The Company is assessing the impact of this decision on our relationship with this customer and any related financial impact including potential future impairments.