CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 42,689	$ 22,562
Investment securities	8,461	6,667
Accounts receivable, net	26,413	26,586
Inventories, net	32,531	27,064
Income taxes receivable		2,120
Deferred tax assets	4,874	4,833
Other current assets	1,161	1,023
Total current assets	116,129	90,855
Property, plant and equipment, net	40,141	37,068
Intangible assets, net	2,547	4,429
Deferred tax assets	8,005	9,069
Other assets	930	1,171
TOTAL ASSETS	167,752	142,592
Current liabilities:
Accounts payable	22,668	17,989
Accrued expenses	2,697	2,931
Accrued payroll and payroll related	6,910	3,198
Income taxes payable	154
Current portion of long-term debt	670	648
Total current liabilities	33,099	24,766
Long-term debt, less current portion	5,844	6,513
TOTAL LIABILITIES	38,943	31,279
Commitment and Contingencies (Note 12 and 13)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 50,000,000 shares authorized; 29,284,592 and 28,594,437 shares issued; 28,848,679 and 28,252,192 shares outstanding at June 30, 2013 and 2012, respectively)	29	29
Additional paid-in capital	104,075	99,515
Retained earnings	26,553	13,236
Accumulated other comprehensive loss	(47)	(63)
Treasury stock (435,913 and 342,245 shares at June 30, 2013 and 2012, respectively)	(2,034)	(1,594)
Total Lannett Company, Inc. stockholders' equity	128,576	111,123
Noncontrolling Interest	233	190
Total stockholders' equity	128,809	111,313
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 167,752	$ 142,592