CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014	Jun. 30, 2013
Current assets:
Cash and cash equivalents	$ 84,113	$ 42,689
Investment securities	39,363	8,461
Accounts receivable, net	59,236	26,413
Inventories, net	41,365	32,531
Prepaid income taxes	2,591
Deferred tax assets	8,250	4,874
Other current assets	2,172	1,161
Total current assets	237,090	116,129
Property, plant and equipment, net	57,005	40,141
Intangible assets, net	948	2,547
Deferred tax assets	11,869	8,005
Other assets	408	930
TOTAL ASSETS	307,320	167,752
Current liabilities:
Accounts payable	21,270	22,668
Accrued expenses	8,760	2,697
Accrued payroll and payroll related	7,082	6,910
Income taxes payable		154
Current portion of long-term debt	128	670
Total current liabilities	37,240	33,099
Long-term debt, less current portion	1,041	5,844
TOTAL LIABILITIES	38,281	38,943
Commitment and Contingencies (Note 13 and 14)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 and 50,000,000 shares authorized; 35,830,024 and 29,284,592 shares issued; 35,378,346 and 28,848,679 shares outstanding at March 31, 2014 and June 30, 2013, respectively)	36	29
Additional paid-in capital	211,384	104,075
Retained earnings	60,119	26,553
Accumulated other comprehensive loss	(49)	(47)
Treasury stock (451,678 and 435,913 shares at March 31, 2014 and June 30, 2013, respectively)	(2,729)	(2,034)
Total Lannett Company, Inc. stockholders' equity	268,761	128,576
Noncontrolling Interest	278	233
Total stockholders' equity	269,039	128,809
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 307,320	$ 167,752