XML 57 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended 9 Months Ended
Dec. 31, 2012
Dec. 31, 2014
Dec. 31, 2013
Sep. 28, 2012
Cash flows from financing activities:        
Cash and cash equivalents at end of period   $ 244,440us-gaap_CashAndCashEquivalentsAtCarryingValue $ 130,080us-gaap_CashAndCashEquivalentsAtCarryingValue  
Successor [Member]        
Cash flows from operating activities:        
Net (loss) income (32,545)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(105,517)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(105,871)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:        
Deferred income taxes (21,590)us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(128,742)us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(82,542)us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Resolution of tax contingencies 0prx_ChangeInResolutionOfTaxContingencies
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0prx_ChangeInResolutionOfTaxContingencies
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0prx_ChangeInResolutionOfTaxContingencies
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Non-cash interest expense 2,633us-gaap_AmortizationOfFinancingCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
10,363us-gaap_AmortizationOfFinancingCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
10,734us-gaap_AmortizationOfFinancingCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Depreciation and amortization 50,348us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
213,564us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
207,646us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Cost of goods on acquired inventory step up 21,543prx_CostOfGoodsOnAcquiredInventoryStepUp
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
9,031prx_CostOfGoodsOnAcquiredInventoryStepUp
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
6,557prx_CostOfGoodsOnAcquiredInventoryStepUp
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Intangible asset impairment 0us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
146,934us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
100,093us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Allowances against accounts receivable 33,232prx_ProvisionForDoubtfulAccountsAndAdjustments
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
148,221prx_ProvisionForDoubtfulAccountsAndAdjustments
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
44,367prx_ProvisionForDoubtfulAccountsAndAdjustments
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Share-based compensation expense 2,240us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
8,678us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
9,154us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Gain on bargain purchase (5,500)us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Loss on debt extinguishment 0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
3,989us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
7,335us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Loss on sale of product rights 0us-gaap_GainLossOnDispositionOfIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
3,042us-gaap_GainLossOnDispositionOfIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_GainLossOnDispositionOfIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Other, net 367us-gaap_OtherNoncashExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
612us-gaap_OtherNoncashExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
438us-gaap_OtherNoncashExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Changes in assets and liabilities:        
Increase in accounts receivable (42,421)us-gaap_IncreaseDecreaseInAccountsReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(158,262)us-gaap_IncreaseDecreaseInAccountsReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(64,554)us-gaap_IncreaseDecreaseInAccountsReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
(Increase) decrease in inventories (15,013)us-gaap_IncreaseDecreaseInInventories
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(12,712)us-gaap_IncreaseDecreaseInInventories
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(11,690)us-gaap_IncreaseDecreaseInInventories
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
(Increase) decrease in prepaid expenses and other assets (22,770)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(11,345)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
16,846us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Increase (decrease) in accounts payable, accrued expenses and other liabilities (23,351)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
36,503us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(44,891)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
(Decrease) increase in payables due to distribution agreement partners 10,537us-gaap_IncreaseDecreaseInOtherAccountsPayable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(25,910)us-gaap_IncreaseDecreaseInOtherAccountsPayable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
12,597us-gaap_IncreaseDecreaseInOtherAccountsPayable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Decrease in income taxes receivable/payable 13,710us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
6,431us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
6,130us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Net cash provided by (used in) operating activities (28,580)us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
144,880us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
112,349us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Cash flows from investing activities:        
Capital expenditures (10,306)us-gaap_PaymentsToAcquireProductiveAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(45,460)us-gaap_PaymentsToAcquireProductiveAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(17,465)us-gaap_PaymentsToAcquireProductiveAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Sky Growth Merger (1,908,725)us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Business acquisitions, net of any cash acquired (110,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(478,226)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(1,733)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Purchases of intangibles 0us-gaap_PaymentsToAcquireIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(153)us-gaap_PaymentsToAcquireIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(1,000)us-gaap_PaymentsToAcquireIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Purchases of available for sale marketable debt securities 0us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Proceeds from available for sale of marketable debt securities 2,500us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
3,514us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
8,000us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Other, net 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
750us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Net cash used in investing activities (2,026,531)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(519,575)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(12,198)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Cash flows from financing activities:        
Proceeds from debt 1,545,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
525,541us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
198,889us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Proceeds from equity contributions, net 675,466us-gaap_ProceedsFromContributionsFromParent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
112,554us-gaap_ProceedsFromContributionsFromParent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
2,311us-gaap_ProceedsFromContributionsFromParent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Payments of debt (339,512)us-gaap_RepaymentsOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(146,032)us-gaap_RepaymentsOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(206,881)us-gaap_RepaymentsOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Payments to extinguish debt 0us-gaap_PaymentsOfDebtExtinguishmentCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsOfDebtExtinguishmentCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(1,412)us-gaap_PaymentsOfDebtExtinguishmentCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Debt issuance costs (67,928)us-gaap_PaymentsOfDebtIssuanceCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(3,150)us-gaap_PaymentsOfDebtIssuanceCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsOfDebtIssuanceCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Proceeds from share-based compensation plans 0us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Excess tax benefits on share-based compensation 0us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
142us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
228us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Purchase of treasury stock 0us-gaap_PaymentsForRepurchaseOfCommonStock
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsForRepurchaseOfCommonStock
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PaymentsForRepurchaseOfCommonStock
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Net cash provided by (used in) financing activities 1,813,026us-gaap_NetCashProvidedByUsedInFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
489,055us-gaap_NetCashProvidedByUsedInFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(6,865)us-gaap_NetCashProvidedByUsedInFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Net increase (decrease) in cash and cash equivalents (242,085)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
114,360us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
93,286us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Cash and cash equivalents at beginning of period 278,879us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
130,080us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
36,794us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Cash and cash equivalents at end of period 36,794us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
244,440us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
130,080us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Cash paid (received) during the period for:        
Income taxes, net (11,667)us-gaap_IncomeTaxesPaidNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
39,215us-gaap_IncomeTaxesPaidNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
14,902us-gaap_IncomeTaxesPaidNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Interest paid 13,969us-gaap_InterestPaidNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
97,305us-gaap_InterestPaidNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
86,187us-gaap_InterestPaidNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Non-cash transactions:        
Capital expenditures incurred but not yet paid 460us-gaap_CapitalExpendituresIncurredButNotYetPaid
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
1,242us-gaap_CapitalExpendituresIncurredButNotYetPaid
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
2,254us-gaap_CapitalExpendituresIncurredButNotYetPaid
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Equity contribution from management shareholders 4,131prx_NonCashEquityContributionFromManagementShareholders
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0prx_NonCashEquityContributionFromManagementShareholders
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0prx_NonCashEquityContributionFromManagementShareholders
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
 
Predecessor [Member]        
Cash flows from operating activities:        
Net (loss) income       21,175us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:        
Deferred income taxes       12,103us-gaap_DeferredIncomeTaxExpenseBenefit
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Resolution of tax contingencies       (5,256)prx_ChangeInResolutionOfTaxContingencies
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Non-cash interest expense       1,876us-gaap_AmortizationOfFinancingCosts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Depreciation and amortization       44,426us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cost of goods on acquired inventory step up       4,048prx_CostOfGoodsOnAcquiredInventoryStepUp
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Intangible asset impairment       5,700us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Allowances against accounts receivable       19,206prx_ProvisionForDoubtfulAccountsAndAdjustments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Share-based compensation expense       7,282us-gaap_ShareBasedCompensation
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gain on bargain purchase       0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Loss on debt extinguishment       0us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Loss on sale of product rights       0us-gaap_GainLossOnDispositionOfIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other, net       242us-gaap_OtherNoncashExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Changes in assets and liabilities:        
Increase in accounts receivable       (7,168)us-gaap_IncreaseDecreaseInAccountsReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(Increase) decrease in inventories       11,790us-gaap_IncreaseDecreaseInInventories
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(Increase) decrease in prepaid expenses and other assets       (21,315)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Increase (decrease) in accounts payable, accrued expenses and other liabilities       58,050us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(Decrease) increase in payables due to distribution agreement partners       (13,376)us-gaap_IncreaseDecreaseInOtherAccountsPayable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Decrease in income taxes receivable/payable       14,977us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net cash provided by (used in) operating activities       153,760us-gaap_NetCashProvidedByUsedInOperatingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cash flows from investing activities:        
Capital expenditures       (11,454)us-gaap_PaymentsToAcquireProductiveAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Sky Growth Merger       0us-gaap_PaymentsToAcquireBusinessesGross
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Business acquisitions, net of any cash acquired       (34,868)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Purchases of intangibles       (15,000)us-gaap_PaymentsToAcquireIntangibleAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Purchases of available for sale marketable debt securities       (6,566)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Proceeds from available for sale of marketable debt securities       17,500us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other, net       3,786us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net cash used in investing activities       (46,602)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cash flows from financing activities:        
Proceeds from debt       0us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Proceeds from equity contributions, net       0us-gaap_ProceedsFromContributionsFromParent
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Payments of debt       (8,750)us-gaap_RepaymentsOfDebt
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Payments to extinguish debt       0us-gaap_PaymentsOfDebtExtinguishmentCosts
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Debt issuance costs       0us-gaap_PaymentsOfDebtIssuanceCosts
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Proceeds from share-based compensation plans       11,582us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
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Excess tax benefits on share-based compensation       8,536us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
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Purchase of treasury stock       (2,163)us-gaap_PaymentsForRepurchaseOfCommonStock
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Net cash provided by (used in) financing activities       9,205us-gaap_NetCashProvidedByUsedInFinancingActivities
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Net increase (decrease) in cash and cash equivalents       116,363us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
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Cash and cash equivalents at beginning of period       162,516us-gaap_CashAndCashEquivalentsAtCarryingValue
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Cash and cash equivalents at end of period       278,879us-gaap_CashAndCashEquivalentsAtCarryingValue
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Cash paid (received) during the period for:        
Income taxes, net       6,165us-gaap_IncomeTaxesPaidNet
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Interest paid       6,615us-gaap_InterestPaidNet
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Non-cash transactions:        
Capital expenditures incurred but not yet paid       708us-gaap_CapitalExpendituresIncurredButNotYetPaid
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Equity contribution from management shareholders       $ 0prx_NonCashEquityContributionFromManagementShareholders
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