CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 93,387	$ 45,829
Cost of sales	21,820	24,423
JSP contract renewal cost		20,100
Gross profit	71,567	1,306
Operating expenses:
Research and development	6,363	4,745
Selling, general, and administrative	10,553	7,179
Total operating expenses	16,916	11,924
Operating income (loss)	54,651	(10,618)
Other income (expense):
Gain (loss) on sale of assets	20	(62)
Gain on investment securities	15	463
Interest and dividend income	102	46
Interest expense	(38)	(58)
Total other income	99	389
Income (loss) before income tax	54,750	(10,229)
Income tax expense (benefit)	19,800	(4,242)
Net income (loss)	34,950	(5,987)
Less: Net income attributable to noncontrolling interest	18	8
Net income (loss) attributable to Lannett Company, Inc.	$ 34,932	$ (5,995)
Earnings (loss) per common share attributable to Lannett Company, Inc.:
Basic (in dollars per share)	$ 0.98	$ (0.20)
Diluted (in dollars per share)	$ 0.94	$ (0.20)
Weighted average common shares outstanding:
Basic (in shares)	35,597,931	29,586,237
Diluted (in shares)	36,972,646	29,586,237