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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 114,822us-gaap_SalesRevenueNet $ 67,326us-gaap_SalesRevenueNet $ 208,209us-gaap_SalesRevenueNet $ 113,155us-gaap_SalesRevenueNet
Cost of sales 27,621us-gaap_CostOfGoodsAndServicesSold 26,284us-gaap_CostOfGoodsAndServicesSold 49,441us-gaap_CostOfGoodsAndServicesSold 50,707us-gaap_CostOfGoodsAndServicesSold
JSP contract renewal cost       20,100lci_JSPContractRenewalCost
Gross profit 87,201us-gaap_GrossProfit 41,042us-gaap_GrossProfit 158,768us-gaap_GrossProfit 42,348us-gaap_GrossProfit
Operating expenses:        
Research and development 7,836us-gaap_ResearchAndDevelopmentExpense 5,785us-gaap_ResearchAndDevelopmentExpense 14,199us-gaap_ResearchAndDevelopmentExpense 10,530us-gaap_ResearchAndDevelopmentExpense
Selling, general, and administrative 12,822us-gaap_SellingGeneralAndAdministrativeExpense 9,890us-gaap_SellingGeneralAndAdministrativeExpense 23,375us-gaap_SellingGeneralAndAdministrativeExpense 17,069us-gaap_SellingGeneralAndAdministrativeExpense
Total operating expenses 20,658us-gaap_OperatingExpenses 15,675us-gaap_OperatingExpenses 37,574us-gaap_OperatingExpenses 27,599us-gaap_OperatingExpenses
Operating income 66,543us-gaap_OperatingIncomeLoss 25,367us-gaap_OperatingIncomeLoss 121,194us-gaap_OperatingIncomeLoss 14,749us-gaap_OperatingIncomeLoss
Other income (expense):        
Gain (loss) on sale of assets   7us-gaap_GainLossOnDispositionOfAssets 20us-gaap_GainLossOnDispositionOfAssets (55)us-gaap_GainLossOnDispositionOfAssets
Gain on investment securities 680us-gaap_MarketableSecuritiesGainLoss 1,102us-gaap_MarketableSecuritiesGainLoss 695us-gaap_MarketableSecuritiesGainLoss 1,565us-gaap_MarketableSecuritiesGainLoss
Interest and dividend income 106us-gaap_InvestmentIncomeInterestAndDividend 49us-gaap_InvestmentIncomeInterestAndDividend 208us-gaap_InvestmentIncomeInterestAndDividend 95us-gaap_InvestmentIncomeInterestAndDividend
Interest expense (73)us-gaap_InterestExpense (46)us-gaap_InterestExpense (111)us-gaap_InterestExpense (104)us-gaap_InterestExpense
Other   (87)us-gaap_OtherNonoperatingExpense   (87)us-gaap_OtherNonoperatingExpense
Total other income 713us-gaap_OtherNonoperatingIncomeExpense 1,025us-gaap_OtherNonoperatingIncomeExpense 812us-gaap_OtherNonoperatingIncomeExpense 1,414us-gaap_OtherNonoperatingIncomeExpense
Income before income tax 67,256us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 26,392us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 122,006us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 16,163us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 22,435us-gaap_IncomeTaxExpenseBenefit 9,800us-gaap_IncomeTaxExpenseBenefit 42,235us-gaap_IncomeTaxExpenseBenefit 5,558us-gaap_IncomeTaxExpenseBenefit
Net income 44,821us-gaap_ProfitLoss 16,592us-gaap_ProfitLoss 79,771us-gaap_ProfitLoss 10,605us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interest 10us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 26us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 28us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 34us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Lannett Company, Inc. $ 44,811us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 16,566us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 79,743us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 10,571us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per common share attributable to Lannett Company, Inc.:        
Basic (in dollars per share) $ 1.26us-gaap_EarningsPerShareBasic $ 0.48us-gaap_EarningsPerShareBasic $ 2.24us-gaap_EarningsPerShareBasic $ 0.33us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 1.21us-gaap_EarningsPerShareDiluted $ 0.46us-gaap_EarningsPerShareDiluted $ 2.15us-gaap_EarningsPerShareDiluted $ 0.31us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding:        
Basic (in shares) 35,669,904us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 34,677,426us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 35,633,917us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 32,131,831us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 37,074,024us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 36,276,326us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37,025,667us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 33,561,454us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding