CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 36,564	$ 27,734	$ 71,858	$ 56,612
Cost of sales	22,620	19,771	43,784	39,513
Amortization of intangible assets	470	470	941	938
Product royalties	53	66	86	118
Gross profit	13,421	7,427	27,047	16,043
Research and development expenses	3,572	2,513	7,336	4,939
Selling, general, and administrative expenses	5,155	4,419	11,326	9,164
Operating income	4,694	495	8,385	1,940
Other income (expense):
Foreign currency gain (loss)		(8)	3	(3)
Gain (loss) on sale of assets	(112)	(3)	(42)	4
Realized gain (loss) on investments	132	27	96	(146)
Unrealized gain (loss) on investments	(61)	675	209	(151)
Litigation settlement			1,250
Interest and dividend income	27	36	62	89
Interest expense	(72)	(73)	(135)	(150)
Total other income (expense)	(86)	654	1,443	(357)
Income before income tax expense	4,608	1,149	9,828	1,583
Income tax expense	1,749	519	4,026	731
Net income	2,859	630	5,802	852
Less net income (loss) attributable to noncontrolling interest	22	(21)	5	(37)
Net income attributable to Lannett Company, Inc.	$ 2,881	$ 609	$ 5,807	$ 815
Basic earnings per common share - Lannett Company, Inc. (in dollars per share)	$ 0.10	$ 0.02	$ 0.21	$ 0.03
Diluted earnings per common share - Lannett Company, Inc. (in dollars per share)	$ 0.10	$ 0.02	$ 0.20	$ 0.03
Basic weighted average number of shares (in shares)	28,347,464	28,526,658	28,312,989	28,479,195
Diluted weighted average number of shares (in shares)	28,450,597	28,773,477	28,424,027	28,733,435