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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Jun. 30, 2011
Current Assets    
Cash and cash equivalents $ 19,949,952 $ 5,276,735
Investment securities 5,214,631 19,382,079
Trade accounts receivable (net of allowance of $123,573 and $123,573 respectively) 36,722,141 33,464,440
Inventories, net 23,868,256 26,902,521
Income taxes receivable 3,592,547 3,636,306
Deferred tax assets 4,894,383 4,537,881
Other current assets 1,821,061 941,902
Total Current Assets 96,062,971 94,141,864
Property, plant and equipment 56,479,375 54,516,229
Less accumulated depreciation (26,437,539) (24,586,448)
Property, plant and equipment, net 30,041,836 29,929,781
Construction in progress 6,045,156 5,760,686
Intangible assets (product rights) - net of accumulated amortization 5,369,430 5,909,636
Deferred tax assets 9,400,017 10,446,500
Other assets 1,178,246 1,555,831
Total Assets 148,097,656 147,744,298
Current Liabilities    
Accounts payable 13,654,993 18,377,782
Accrued expenses 1,041,157 1,354,095
Accrued payroll and payroll related 1,674,032 934,504
Current portion of long-term debt 636,518 629,435
Rebates, chargebacks and returns payable 16,885,657 13,564,395
Total Current Liabilities 33,892,357 34,860,211
Long-term debt, less current portion 6,909,314 7,192,496
Other long-term liabilities   2,417
Total Liabilities 40,801,671 42,055,124
Commitment and Contingencies, See notes 9 and 10      
SHAREHOLDERS' EQUITY    
Common stock - authorized 50,000,000 shares, par value $0.001; issued and outstanding, 28,553,469 and 28,403,946 shares, respectively 28,553 28,404
Additional paid in capital 98,371,606 97,082,360
Retained earnings 10,102,796 9,287,732
Noncontrolling interest 156,686 139,082
Accumulated other comprehensive (loss) income (11,920) 23,899
Stockholders' Equity 108,647,721 106,561,477
Less: Treasury stock at cost - 280,469 and 156,611 shares, respectively (1,351,736) (872,303)
TOTAL SHAREHOLDERS' EQUITY 107,295,985 105,689,174
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 148,097,656 $ 147,744,298