Accounts Receivable

9 Months Ended

Mar. 31, 2014

Accounts Receivable

Accounts Receivable

Note 4.  Accounts Receivable

Accounts receivable consisted of the following components at March 31, 2014 and June 30, 2013:

(In thousands)	March 31, 2014			June 30, 2013
Gross accounts receivable	$	99,853		$	43,923
Less Chargebacks reserve	(19,712		)	(7,267		)
Less Rebates reserve	(9,720		)	(2,513		)
Less Returns reserve	(9,223		)	(6,689		)
Less Other deductions	(1,892		)	(1,000		)
Less Allowance for doubtful accounts	(70		)	(41		)
Accounts receivable, net	$	59,236		$	26,413

For the three months ended March 31, 2014, the Company recorded a provision for chargebacks, rebates, returns, and other deductions of $33.3 million, $20.5 million, $2.3 million, and $1.1 million, respectively.  For the three months ended March 31, 2013, the Company recorded a provision for chargebacks, rebates, returns, and other deductions of $14.8 million, $5.5 million, $907 thousand, and $3.6 million, respectively.

For the nine months ended March 31, 2014, the Company recorded a provision for chargebacks, rebates, returns, and other deductions of $78.5 million, $40.5 million, $5.5 million, and $18.8 million, respectively.  For the nine months ended March 31, 2013, the Company recorded a provision for chargebacks, rebates, returns, and other deductions of $51.5 million, $17.6 million, $3.4 million, and $9.3 million, respectively.