UNCONSOLIDATED JOINT VENTURE (Tables)

3 Months Ended

Mar. 31, 2013

UNCONSOLIDATED JOINT VENTURE [Abstract]

Joint venture financial information

AKORN-STRIDES LLC
CONDENSED STATEMENTS OF INCOME
(IN THOUSANDS)
	Three months ended March 31,
	2013			2012
Revenues		$	155		$	—
Cost of sales			—			—
Gross profit			155			—
Operating expenses			2			—
Operating income			153			—
Income before income taxes			153			—
Income tax provision			—			—
Net income		$	153		$	—

CONDENSED BALANCE SHEETS

(IN THOUSANDS)

	March 31,		December 31,
	2013		2012
Assets:
Cash	$	794	$	794
Other assets		—		—
Total assets	$	794	$	794
Liabilities and members' equity:
Trade accounts payable & other accrued liabilities	$	111	$	308
Accounts payable – members		167		123
Total liabilities		278		431
Members' deficit, net of advances		516		363
Total liabilities & members' deficit	$	794	$	794