Schedule of Intangible Assets |
|
|
|
|
|
|
|
December 31, 2016 |
|
|
December 31, 2015 |
|
|
(Dollars In thousands) |
|
Estimated
Remaining
Useful Lives
(Years) |
|
|
Cost |
|
|
Accumulated
Amortization |
|
|
Foreign
Currency
Translation |
|
|
Net
Carrying
Amount |
|
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net
Carrying
Amount |
|
|
In-process research &
development (1) |
|
Indefinite-lived |
|
|
$ |
683,500 |
|
|
$ |
— |
|
|
$ |
(1,794 |
) |
|
$ |
681,706 |
|
|
$ |
423,000 |
|
|
$ |
— |
|
|
$ |
423,000 |
|
|
Selincro |
|
|
6 |
|
|
|
65,000 |
|
|
|
(6,445 |
) |
|
|
(4,061 |
) |
|
|
54,494 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Ampyra milestones |
|
|
10 |
|
|
|
5,750 |
|
|
|
(2,677 |
) |
|
|
— |
|
|
|
3,073 |
|
|
|
5,750 |
|
|
|
(2,380 |
) |
|
|
3,370 |
|
|
Ampyra CSRO royalty
buyout |
|
|
3 |
|
|
|
3,000 |
|
|
|
(2,108 |
) |
|
|
— |
|
|
|
892 |
|
|
|
3,000 |
|
|
|
(1,817 |
) |
|
|
1,183 |
|
|
Website development
costs |
|
|
3 |
|
|
|
13,459 |
|
|
|
(11,485 |
) |
|
|
— |
|
|
|
1,974 |
|
|
|
12,504 |
|
|
|
(9,467 |
) |
|
|
3,037 |
|
|
Website development
costs–in process |
|
n/a |
|
|
|
103 |
|
|
|
— |
|
|
|
— |
|
|
|
103 |
|
|
|
266 |
|
|
|
— |
|
|
|
266 |
|
|
|
|
|
|
|
|
$ |
770,812 |
|
|
$ |
(22,715 |
) |
|
$ |
(5,855 |
) |
|
$ |
742,242 |
|
|
$ |
444,520 |
|
|
$ |
(13,664 |
) |
|
$ |
430,856 |
|
|
(1) |
Includes the fair values of: CVT-301: $423.0 million; tozadenant: $232.0 million; SYN120: $24.2 million and BTT-1023: $4.3 million | |
Schedule of Estimated Future Amortization Expense for Intangible Assets |
|
(In thousands) |
|
|
|
|
|
2017 |
|
$ |
11,119 |
|
|
2018 |
|
|
10,423 |
|
|
2019 |
|
|
10,055 |
|
|
2020 |
|
|
9,602 |
|
|
2021 |
|
|
9,583 |
|
|
Thereafter |
|
|
13,712 |
|
|
|
|
$ |
64,494 |
|
|
Schedule of Changes in Carrying Amount of Goodwill |
|
(In thousands) |
|
|
|
|
|
Balance at December 31, 2015 |
|
$ |
183,636 |
|
|
Goodwill associated with the acquisition of Biotie Therapies Corp. |
|
|
102,676 |
|
|
Increase to goodwill due to measurement period adjustments |
|
|
1,200 |
|
|
Foreign currency translation adjustment |
|
|
(6,913 |
) |
|
Balance at December 31, 2016 |
|
$ |
280,599 |
|
|