Earnings Per Common Share (Tables)

12 Months Ended

Jun. 30, 2013

Earnings Per Common Share

Summary of reconciliation of the Company's basic and diluted earnings per common share

	For Fiscal Year Ended June 30,
(In thousands, except share and per share data)	2013		2012		2011
Net Income (Loss) Attributable to Lannett Company, Inc.	$	13,317	$	3,948	$	(277	)
Basic weighted average common shares outstanding	28,467,598		28,263,335		26,758,552
Effect of potentially dilutive options and restricted stock awards	475,335		145,097		—
Diluted weighted average common shares outstanding	28,942,933		28,408,432		26,758,552
Earnings per common share attributable to Lannett Company, Inc.:
Basic	$	0.47	$	0.14	$	(0.01	)
Diluted	$	0.46	$	0.14	$	(0.01	)