Accounts Receivable

9 Months Ended

Mar. 31, 2015

Accounts Receivable

Accounts Receivable

Note 4.  Accounts Receivable

Accounts receivable consisted of the following components at March 31, 2015 and June 30, 2014:

(In thousands)	March 31, 2015			June 30, 2014
Gross accounts receivable	$	141,497		$	113,420
Less Chargebacks reserve	(32,061		)	(30,320		)
Less Rebates reserve	(9,321		)	(10,532		)
Less Returns reserve	(18,490		)	(9,341		)
Less Other deductions	(1,761		)	(1,787		)
Less Allowance for doubtful accounts	(149		)	(115		)
Accounts receivable, net	$	79,715		$	61,325

For the three months ended March 31, 2015, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $74.3 million, $18.4 million, $5.9 million, and $7.8 million, respectively.  For the three months ended March 31, 2014, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $33.3 million, $20.5 million, $2.3 million, and $1.1 million, respectively.

For the nine months ended March 31, 2015, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $252.3 million, $58.2 million, $14.2 million, and $22.9 million, respectively.  For the nine months ended March 31, 2014, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $78.5 million, $40.5 million, $5.5 million, and $18.8 million, respectively.