XML 39 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accounts Receivable
3 Months Ended
Sep. 30, 2013
Accounts Receivable  
Accounts Receivable

Note 4.  Accounts Receivable

 

Accounts receivable consisted of the following components at September 30, 2013 and June 30, 2013:

 

(In thousands)

 

September 30,
2013

 

June 30,
2013

 

Gross accounts receivable

 

$

50,355

 

$

43,923

 

Less: Chargebacks reserve

 

(8,780

)

(7,267

)

Less: Rebates reserve

 

(3,502

)

(2,513

)

Less: Returns reserve

 

(6,955

)

(6,689

)

Less: Other deductions

 

(1,318

)

(1,000

)

Less: Allowance for doubtful accounts

 

(51

)

(41

)

Accounts receivable, net

 

$

29,749

 

$

26,413

 

 

For the three months ended September 30, 2013 and 2012 the Company recorded a provision for chargebacks of $17.7 million and $19.0 million, respectively.  For the three months ended September 30, 2013 and 2012 the Company recorded a provision for rebates of $7.5 million and $5.8 million, respectively.  For the three months ended September 30, 2013 and 2012 the Company recorded a provision for returns of $1.2 million and $1.4 million, respectively.  For the three months ended September 30, 2013 and 2012 the Company recorded a provision for other deductions of $3.9 million and $2.4 million, respectively.