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Goodwill (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
($ amounts in thousands)
 
December 31,
2014
 
December 31,
2013
 
(Successor)
 
(Successor)
Balance at beginning of period

$855,726

 

$856,726

Additions:


 
 
Par Sterile Acquisition (1)
156,382

 

Deductions:


 
 
Finalization of purchase accounting (2)

 
(1,000
)
Balance at end of period

$1,012,108

 

$855,726



(1) As noted in Note 3 - “Par Sterile Acquisition,” we acquired Par Sterile as of February 20, 2014. Based upon our purchase price allocation, we recorded $156.4 million of incremental goodwill. This goodwill was allocated to Par.

(2) As noted in Note 2 - “Sky Growth Merger,” we were acquired through the Merger. Based upon purchase price allocation in accordance with ASC 350-20-35-30, we recorded goodwill, which was allocated to Par.