CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 39,022	$ 30,688	$ 110,880	$ 87,300
Cost of sales	23,321	19,276	67,105	58,789
Amortization of intangible assets	471	471	1,412	1,409
Product royalties	60	50	146	168
Gross profit	15,170	10,891	42,217	26,934
Research and development expenses	5,229	2,911	12,565	7,850
Selling, general, and administrative expenses	5,245	5,616	16,571	14,780
Operating income	4,696	2,364	13,081	4,304
Other income (expense):
Foreign currency gain (loss)		(3)	3	(6)
Gain on sale of assets	93		51	4
Realized gain on investments	353	361	449	215
Unrealized gain (loss) on investments	185	105	394	(46)
Litigation settlement			1,250
Interest and dividend income	22	28	84	117
Interest expense	(59)	(64)	(194)	(214)
Total other income (expense)	594	427	2,037	70
Income before income tax expense	5,290	2,791	15,118	4,374
Income tax expense	1,327	1,057	5,353	1,788
Net income	3,963	1,734	9,765	2,586
Less net income attributable to noncontrolling interest	(16)	(16)	(11)	(53)
Net income attributable to Lannett Company, Inc.	$ 3,947	$ 1,718	$ 9,754	$ 2,533
Basic earnings per common share - Lannett Company, Inc. (in dollars per share)	$ 0.14	$ 0.06	$ 0.34	$ 0.09
Diluted earnings per common share - Lannett Company, Inc. (in dollars per share)	$ 0.14	$ 0.06	$ 0.34	$ 0.09
Basic weighted average common shares outstanding (in shares)	28,490,175	28,571,062	28,371,189	28,509,595
Diluted weighted average common shares outstanding (in shares)	29,115,941	28,719,669	28,644,831	28,668,281