Earnings Per Common Share (Tables)

3 Months Ended

Sep. 30, 2012

Earnings Per Common Share

Summary of reconciliation of the company's basic and diluted earnings (loss) per share

	For The Three Months Ended September 30,
(In thousands, except share and per share data)	2012		2011
Net Income attributable to Lannett common shareholders	$	2,926	$	206
Weighted average common shares outstanding (basic)	28,278,514		28,431,733
Effect of potentially dilutive options and restricted stock awards	190,710		254,911
Weighted average common shares outstanding (diluted)	28,469,224		28,686,644
Basic earnings per common share	$	0.10	$	0.01
Diluted earnings per common share	$	0.10	$	0.01