Distribution Agreements, Net (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Distribution Agreements, Net

Distribution agreements, net, which are amortized on a straight-line basis and have an estimated useful life of 20 to 40 years, consisted of the following:

(in thousands)	June 30, 2023		December 31, 2022
Distribution agreements at cost	$	990,191	$	990,191
Less: Accumulated amortization	160,602		148,156
Distribution agreements, net	$	829,589	$	842,035

Customer lists, net, which are amortized on a straight-line basis and have an estimated useful life of five to 12 years, consisted of the following:

(in thousands)	June 30, 2023		December 31, 2022
Customer lists at cost	$	25,288	$	25,288
Less: Accumulated amortization	16,979		16,123
Customer lists, net	$	8,309	$	9,165

Summary of Reconciliation of Activity for Distribution Agreements, Net

Following is a summary of activity for distribution agreements, net during the first half of 2023 and the first half of 2022:

	First Half
(in thousands)	2023		2022
Beginning balance - distribution agreements, net	$	842,035	$	836,777
Other distribution agreements	—		30,149
Additional accumulated amortization	(12,446)		(12,446)
Ending balance - distribution agreements, net	$	829,589	$	854,480