CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Current assets:
Cash and cash equivalents	$ 170,607	$ 105,587
Investment securities	14,328	40,693
Accounts receivable, net	90,645	61,325
Inventories, net	42,642	44,844
Deferred tax assets	11,655	11,265
Other current assets	4,156	1,833
Total current assets	334,033	265,547
Property, plant and equipment, net	75,276	61,704
Intangible assets, net	1,186	927
Deferred tax assets	12,917	14,234
Other assets	320	361
TOTAL ASSETS	423,732	342,773
Current liabilities:
Accounts payable	19,045	20,982
Accrued expenses	4,181	3,901
Accrued payroll and payroll-related expenses	5,459	12,860
Rebates payable	10,198	4,558
Income taxes payable	4,149	4,569
Current portion of long-term debt	132	129
Total current liabilities	43,164	46,999
Long-term debt, less current portion	942	1,009
TOTAL LIABILITIES	44,106	48,008
Commitments and Contingencies (Note 13)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 shares authorized; 36,217,404 and 36,088,272 shares issued; 35,700,412 and 35,571,280 shares outstanding at December 31, 2014 and June 30, 2014, respectively)	36	36
Additional paid-in capital	222,149	216,793
Retained earnings	163,397	83,654
Accumulated other comprehensive loss	(320)	(54)
Treasury stock (516,992 shares at December 31, 2014 and June 30 2014)	(5,959)	(5,959)
Total Lannett Company, Inc. stockholders' equity	379,303	294,470
Noncontrolling Interest	323	295
Total stockholders' equity	379,626	294,765
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 423,732	$ 342,773