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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 225,446 $ 200,340
Investment securities 12,959 13,467
Accounts receivable, net 183,624 91,103
Inventories 116,511 46,191
Prepaid income taxes 15,253  
Deferred tax assets 23,808 16,270
Other current assets 23,995 3,175
Total current assets 601,596 370,546
Property, plant and equipment, net 220,199 94,556
Intangible assets, net 598,418 29,090
Goodwill 313,451 141
Deferred tax assets 10,036 12,495
Other assets 8,676 1,938
TOTAL ASSETS 1,752,376 508,766
Current liabilities:    
Accounts payable 33,038 19,195
Accrued expenses 9,181 4,928
Accrued payroll and payroll-related expenses 6,717 10,397
Rebates payable 16,993 7,553
Royalties payable 5,779  
Restructuring liability 3,008  
Accrued interest payable 10,823  
Settlement liability 10,700  
Income taxes payable   1,340
Acquisition-related contingent consideration 35,000  
Current portion of long-term debt 45,640 135
Total current liabilities 176,879 43,548
Long-term debt, net 1,008,212 874
Restructuring liability 77  
Settlement liability 13,414  
Other liabilities 6,268 578
TOTAL LIABILITIES $ 1,204,850 $ 45,000
Commitments and Contingencies (Note 13 and 14)
STOCKHOLDERS' EQUITY    
Common stock ($0.001 par value, 100,000,000 shares authorized; 37,112,119 and 36,783,381 shares issued; 36,569,363 and 36,264,585 shares outstanding at March 31, 2016 and June 30, 2015, respectively) $ 37 $ 37
Additional paid-in capital 279,874 236,178
Retained earnings 274,784 233,573
Accumulated other comprehensive loss (280) (295)
Treasury stock (542,756 and 518,796 shares at March 31, 2016 and June 30, 2015, respectively) (7,277) (6,080)
Total Lannett Company, Inc. stockholders' equity 547,138 463,413
Noncontrolling Interest 388 353
Total stockholders' equity 547,526 463,766
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,752,376 $ 508,766