CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012	Mar. 31, 2011
Net sales	$ 30,687,726	$ 25,892,483	$ 87,299,709	$ 81,327,667
Cost of sales	19,275,765	20,098,084	58,788,334	60,667,878
Amortization of intangible assets	470,409	463,769	1,409,015	1,385,892
Product royalties	50,054	26,980	168,142	(290,380)
Gross profit	10,891,498	5,303,650	26,934,218	19,564,277
Research and development expenses	2,911,530	1,854,216	7,850,744	5,557,296
Selling, general, and administrative expenses	5,616,186	4,279,502	14,779,953	11,755,062
Operating income (loss)	2,363,782	(830,068)	4,303,521	2,251,919
Other income (expense):
Foreign currency (loss) gain	(3,308)	1,529	(5,804)	5,494
(Loss) gain on sale of assets		(17,565)	3,536	(16,299)
Realized gain on investments	361,059	59,689	214,696	74,454
Unrealized gain (loss) on investments	104,896	(17,898)	(45,776)	(17,898)
Interest and dividend income	28,305	24,744	117,252	39,852
Interest expense	(63,698)	(28,030)	(213,406)	(174,882)
Total other income (expense)	427,254	22,469	70,498	(89,279)
Income (loss) before income tax expense (benefit)	2,791,036	(807,599)	4,374,019	2,162,640
Income tax expense (benefit)	1,056,684	(449,797)	1,787,999	554,568
Net income (loss)	1,734,352	(357,802)	2,586,020	1,608,072
Less net income attributable to noncontrolling interest	(16,468)	(4,259)	(53,072)	(20,540)
Net income (loss) attributable to Lannett Company, Inc.	$ 1,717,884	$ (362,061)	$ 2,532,948	$ 1,587,532
Basic earnings (loss) per common share - Lannett Company, Inc. (in dollars per share)	$ 0.06	$ (0.01)	$ 0.09	$ 0.06
Diluted earnings (loss) per common share - Lannett Company, Inc. (in dollars per share)	$ 0.06	$ (0.01)	$ 0.09	$ 0.06
Basic weighted average number of shares (in shares)	28,571,062	28,373,436	28,509,595	26,215,510
Diluted weighted average number of shares (in shares)	28,719,669	28,373,436	28,668,281	26,558,432