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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Jun. 30, 2014
Current assets:    
Cash and cash equivalents $ 200,340 $ 105,587
Investment securities 13,467 40,693
Accounts receivable, net 91,103 61,325
Inventories, net 46,191 44,844
Deferred tax assets 16,270 11,265
Other current assets 3,175 1,833
Total current assets 370,546 265,547
Property, plant and equipment, net 94,556 61,704
Intangible assets, net 29,090 927
Goodwill 141  
Deferred tax assets 12,495 14,234
Other assets 1,938 361
TOTAL ASSETS 508,766 342,773
Current liabilities:    
Accounts payable 19,195 20,982
Accrued expenses 4,928 3,901
Accrued payroll and payroll-related expenses 10,397 12,860
Rebates payable 7,553 4,558
Income taxes payable 1,918 4,569
Current portion of long-term debt 135 129
Total current liabilities 44,126 46,999
Long-term debt, less current portion 874 1,009
TOTAL LIABILITIES $ 45,000 $ 48,008
Commitments and Contingencies (Note 12 and 13)    
STOCKHOLDERS' EQUITY    
Common stock ($0.001 par value, 100,000,000 shares authorized; 36,783,381 and 36,088,272 shares issued; 36,264,585 and 35,571,280 shares outstanding at June 30, 2015 and 2014, respectively) $ 37 $ 36
Additional paid-in capital 236,178 216,793
Retained earnings 233,573 83,654
Accumulated other comprehensive loss (295) (54)
Treasury stock (518,796 and 516,992 shares at June 30, 2015 and 2014, respectively) (6,080) (5,959)
Total Lannett Company, Inc. stockholders' equity 463,413 294,470
Noncontrolling Interest 353 295
Total stockholders' equity 463,766 294,765
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 508,766 $ 342,773