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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS    
Net sales $ 45,829 $ 35,294
Cost of sales 24,423 21,668
JSP contract renewal cost 20,100  
Gross profit 1,306 13,626
Operating expenses:    
Research and development 4,745 3,764
Selling, general, and administrative 7,179 6,171
Total operating expenses 11,924 9,935
Operating income (loss) (10,618) 3,691
Other income (expense):    
Foreign currency gain   3
Gain (loss) on sale of assets (62) 70
Gain on investment securities 463 234
Litigation settlement   1,250
Interest and dividend income 46 35
Interest expense (58) (63)
Total other income 389 1,529
Net income (loss) before income tax (10,229) 5,220
Income tax expense (benefit) (4,242) 2,277
Net income (loss) (5,987) 2,943
Less: Net income attributable to noncontrolling interest 8 17
Net income (loss) attributable to Lannett Company, Inc. $ (5,995) $ 2,926
Earnings (loss) per common share attributable to Lannett Company, Inc.:    
Basic (in dollars per share) $ (0.20) $ 0.10
Diluted (in dollars per share) $ (0.20) $ 0.10
Weighted average common shares outstanding:    
Basic (in shares) 29,586,237 28,278,514
Diluted (in shares) 29,586,237 28,469,224