CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014
Current assets:
Cash and cash equivalents	$ 137,395	$ 105,587
Investment securities	14,929	40,693
Accounts receivable, net	75,835	61,325
Inventories, net	44,070	44,844
Deferred tax assets	12,220	11,265
Other current assets	3,342	1,833
Total current assets	287,791	265,547
Property, plant and equipment, net	69,736	61,704
Intangible assets, net	1,207	927
Deferred tax assets	14,949	14,234
Other assets	340	361
TOTAL ASSETS	374,023	342,773
Current liabilities:
Accounts payable	13,959	20,982
Accrued expenses	2,578	3,901
Accrued payroll and payroll-related expenses	3,863	12,860
Rebates payable	6,152	4,558
Income taxes payable	13,735	4,569
Current portion of long-term debt	131	129
Total current liabilities	40,418	46,999
Long-term debt, less current portion	975	1,009
TOTAL LIABILITIES	41,393	48,008
Commitment and Contingencies (Note 13)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 shares authorized; 36,171,478 and 36,088,272 shares issued; 35,654,486 and 35,571,280 shares outstanding at September 30, 2014 and June 30, 2014, respectively)	36	36
Additional paid-in capital	219,708	216,793
Retained earnings	118,586	83,654
Accumulated other comprehensive loss	(54)	(54)
Treasury stock (516,992 shares at September 30, 2014 and June 30 2014)	(5,959)	(5,959)
Total Lannett Company, Inc. stockholders' equity	332,317	294,470
Noncontrolling Interest	313	295
Total stockholders' equity	332,630	294,765
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 374,023	$ 342,773