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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)
In Thousands, unless otherwise specified
Total
Shareholders' Equity Attributable to Lannett Co., Inc.
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (loss)
Treasury Stock
Noncontrolling Interest
Balance at Jun. 30, 2009 $ 77,649 $ 77,555 $ 25 $ 76,250 $ 1,744 $ 25 $ (489) $ 94
Balance (in shares) at Jun. 30, 2009     24,518          
Increase (Decrease) in Shareholders' Equity                
Shares issued in connection with share based compensation plans 1,805 1,805   1,805        
Shares issued in connection with share based compensation plans (in shares)     364          
Share based compensation 1,748 1,748   1,748        
Tax benefit on stock options exercised 60 60   60        
Purchase of treasury stock (162) (162)         (162)  
Distribution to noncontrolling interests (169)             (169)
Other comprehensive (loss) income, net of income tax 20 20       20    
Net income (loss) 8,008 7,821     7,821     187
Balance at Jun. 30, 2010 88,959 88,847 25 79,863 9,565 45 (651) 112
Balance (in shares) at Jun. 30, 2010     24,882          
Increase (Decrease) in Shareholders' Equity                
Shares issued in connection with share based compensation plans 501 501   501        
Shares issued in connection with share based compensation plans (in shares)     272          
Share based compensation 1,824 1,824   1,824        
Shares issued in connection with public stock offering 14,950 14,950 3 14,947        
Shares issued in connection with public stock offering (in shares)     3,250          
Tax benefit on stock options exercised (53) (53)   (53)        
Purchase of treasury stock (221) (221)         (221)  
Distribution to noncontrolling interests (10)             (10)
Other comprehensive (loss) income, net of income tax (21) (21)       (21)    
Net income (loss) (240) (277)     (277)     37
Balance at Jun. 30, 2011 105,689 105,550 28 97,082 9,288 24 (872) 139
Balance (in shares) at Jun. 30, 2011     28,404          
Increase (Decrease) in Shareholders' Equity                
Shares issued in connection with share based compensation plans 272 272 1 271        
Shares issued in connection with share based compensation plans (in shares)     190          
Share based compensation 2,162 2,162   2,162        
Purchase of treasury stock (722) (722)         (722)  
Distribution to noncontrolling interests (19)             (19)
Other comprehensive (loss) income, net of income tax (87) (87)       (87)    
Net income (loss) 4,018 3,948     3,948     70
Balance at Jun. 30, 2012 $ 111,313 $ 111,123 $ 29 $ 99,515 $ 13,236 $ (63) $ (1,594) $ 190
Balance (in shares) at Jun. 30, 2012     28,594