CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Net sales	$ 28,877,904	$ 25,395,927
Cost of sales	19,742,045	18,900,048
Amortization of intangible assets	468,196	448,667
Product royalties	51,624	143,271
Gross profit	8,616,039	5,903,941
Research and development expenses	2,426,483	2,042,369
Selling, general, and administrative expenses	4,744,513	4,600,681
Operating income (loss)	1,445,043	(739,109)
Other income (expense):
Foreign currency gain	5,006	2,415
Gain on sale of assets	7,000
Realized (loss) gain on investments	(172,859)	12,641
Unrealized loss on investments	(826,546)
Interest and dividend income	53,249	11,231
Interest expense	(77,004)	(70,844)
Total other income (expense)	(1,011,154)	(44,557)
Income (loss) before income tax expense (benefit)	433,889	(783,666)
Income tax expense (benefit)	211,816	(389,544)
Net income (loss)	222,073	(394,122)
Less net income attributable to noncontrolling interest	(16,464)	(9,439)
Net income (loss) attributable to Lannett Company, Inc.	$ 205,609	$ (403,561)
Basic earnings (loss) per common share - Lannett Company, Inc. (in dollars per share)	$ 0.01	$ (0.02)
Diluted earnings (loss) per common share - Lannett Company, Inc. (in dollars per share)	$ 0.01	$ (0.02)
Basic weighted average number of shares (in shares)	28,431,733	24,899,530
Diluted weighted average number of shares (in shares)	28,686,644	24,899,530