CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 224,769	$ 200,340
Investment securities	14,094	13,467
Accounts receivable, net	211,722	91,103
Inventories	114,904	46,191
Deferred tax assets	40,892	16,270
Other current assets	6,434	3,175
Total current assets	612,815	370,546
Property, plant and equipment, net	216,638	94,556
Intangible assets, net	575,503	29,090
Goodwill	333,611	141
Deferred tax assets	11,556	12,495
Other assets	13,895	1,938
TOTAL ASSETS	1,764,018	508,766
Current liabilities:
Accounts payable	34,720	19,195
Accrued expenses	9,247	4,928
Accrued payroll and payroll-related expenses	10,572	10,397
Rebates payable	21,894	7,553
Royalties payable	5,127
Restructuring liability	4,130
Settlement liability	7,000
Income taxes payable	743	1,340
Acquisition-related contingent consideration	35,000
Short-term borrowings and current portion of long-term debt	178,236	135
Total current liabilities	306,669	43,548
Long-term debt, net	883,612	874
Settlement liability	12,526
Other liabilities	6,754	578
TOTAL LIABILITIES	1,209,561	45,000
Commitments and contingencies (Note 12 and 13)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 shares authorized; 37,150,165 and 36,783,381 shares issued; 36,604,202 and 36,264,585 shares outstanding at June 30, 2016 and 2015, respectively)	37	37
Additional paid-in capital	283,301	236,178
Retained earnings	278,355	233,573
Accumulated other comprehensive loss	(295)	(295)
Treasury stock (545,963 and 518,796 shares at June 30, 2016 and 2015, respectively)	(7,349)	(6,080)
Total Lannett Company, Inc. stockholders' equity	554,049	463,413
Noncontrolling Interest	408	353
Total stockholders' equity	554,457	463,766
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,764,018	$ 508,766