CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 178,830	$ 200,340
Investment securities	13,986	13,467
Accounts receivable, net	235,006	91,103
Inventories	124,009	46,191
Prepaid income taxes	13,689
Deferred tax assets	23,032	16,270
Other current assets	18,487	3,175
Total current assets	607,039	370,546
Property, plant and equipment, net	198,397	94,556
Intangible assets, net	689,061	29,090
Goodwill	240,716	141
Deferred tax assets	8,946	12,495
Other assets	8,584	1,938
TOTAL ASSETS	1,752,743	508,766
Current liabilities:
Accounts payable	33,506	19,195
Accrued expenses	14,725	4,928
Accrued payroll and payroll-related expenses	24,011	10,397
Rebates payable	22,553	7,553
Royalties payable	6,482
Income taxes payable		1,340
Current portion of long-term debt	45,638	135
Total current liabilities	146,915	43,548
Long-term debt, less current portion, net	1,014,877	874
Acquisition-related contingent consideration	35,000
Other liabilities	6,290	578
TOTAL LIABILITIES	$ 1,203,082	$ 45,000
Commitments and Contingencies (Note 12 and 13)
STOCKHOLDERS' EQUITY
Common stock ( $0.001 par value, 100,000,000 shares authorized; 36,991,896 and 36,783,381 shares issued; 36,457,466 and 36,264,585 shares outstanding at December 31, 2015 and June 30, 2015, respectively)	$ 37	$ 37
Additional paid-in capital	276,219	236,178
Retained earnings	280,274	233,573
Accumulated other comprehensive loss	(269)	(295)
Treasury stock ( 534,430 and 518,796 shares at December 31, 2015 and June 30, 2015, respectively)	(6,988)	(6,080)
Total Lannett Company, Inc. stockholders' equity	549,273	463,413
Noncontrolling Interest	388	353
Total stockholders' equity	549,661	463,766
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,752,743	$ 508,766