Accounts Receivable

9 Months Ended

Mar. 31, 2016

Accounts Receivable

Accounts Receivable

Note 6.  Accounts Receivable

Accounts receivable consisted of the following components at March 31, 2016 and June 30, 2015:

(In thousands)	March 31, 2016			June 30, 2015
Gross accounts receivable	$	328,989		$	160,960
Less Chargebacks reserve	(63,064		)	(35,801		)
Less Rebates reserve	(34,820		)	(12,945		)
Less Returns reserve	(37,546		)	(19,209		)
Less Other deductions	(9,396		)	(1,528		)
Less Allowance for doubtful accounts	(539		)	(374		)
Accounts receivable, net	$	183,624		$	91,103

For the three months ended March 31, 2016, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $185.2 million, $54.5 million, $3.5 million, and $11.7 million, respectively.  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 nine months ended March 31, 2016, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $424.9 million, $124.6 million, $14.3 million, and $27.0 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.