XML 135 R74.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Financial Information (Unaudited) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Quarterly Financial Information (Unaudited)                              
Net sales $ 40,174 $ 39,022 $ 36,564 $ 35,294 $ 35,690 $ 30,688 $ 27,734 $ 28,878 $ 25,507 $ 25,893 $ 30,039 $ 25,396 $ 151,054 $ 122,990 $ 106,835
Cost of sales 24,971 23,852 23,143 21,668 23,677 19,797 20,307 20,262 21,752 20,589 21,682 19,492 93,634 84,043 83,515
Gross profit 15,203 15,170 13,421 13,626 12,013 10,891 7,427 8,616 3,755 5,304 8,357 5,904 57,420 38,947 23,320
Operating expenses 9,527 10,474 8,727 9,935 9,407 8,527 6,932 7,171 7,186 6,134 4,536 6,643 38,663 32,037 24,499
Operating income (loss) 5,676 4,696 4,694 3,691 2,606 2,364 495 1,445 (3,431) (830) 3,821 (739) 18,757 6,910 (1,179)
Other income (expense) (109) 594 (86) 1,529 (362) 427 654 (1,011) 568 22 (67) (45) 1,928 (292) 478
Income tax expense (benefit) 1,950 1,327 1,749 2,277 812 1,057 519 212 (1,015) (450) 1,394 (390) 7,303 2,600 (461)
Less: Net income attributable to noncontrolling interest 54 16 (22) 17 17 16 21 16 16 4 7 10 65 70 37
Net income (loss) attributable to Lannett Company, Inc. $ 3,563 $ 3,947 $ 2,881 $ 2,926 $ 1,415 $ 1,718 $ 609 $ 206 $ (1,864) $ (362) $ 2,353 $ (404) $ 13,317 $ 3,948 $ (277)
Earnings per common share                              
Basic (in dollars per share) $ 0.12 $ 0.14 $ 0.10 $ 0.10 $ 0.05 $ 0.06 $ 0.02 $ 0.01 $ (0.07) $ (0.01) $ 0.09 $ (0.02) $ 0.47 $ 0.14 $ (0.01)
Diluted (in dollars per share) $ 0.12 $ 0.14 $ 0.10 $ 0.10 $ 0.05 $ 0.06 $ 0.02 $ 0.01 $ (0.07) $ (0.01) $ 0.09 $ (0.02) $ 0.46 $ 0.14 $ (0.01)