Earnings Per Common Share (Tables)

12 Months Ended

Jun. 30, 2016

Earnings Per Common Share

Summary of reconciliation of the Company's basic and diluted earnings per common share

	For Fiscal Year Ended June 30,
(In thousands, except share and per share data)	2016		2015		2014
Net income attributable to Lannett Company, Inc.	$	44,782	$	149,919	$	57,101
Basic weighted average common shares outstanding	36,442,782		35,827,167		33,663,589
Effect of potentially dilutive options and restricted stock awards	946,663		1,299,950		1,529,787
Diluted weighted average common shares outstanding	37,389,445		37,127,117		35,193,376
Earnings per common share attributable to Lannett Company, Inc.:
Basic	$	1.23	$	4.18	$	1.70
Diluted	$	1.20	$	4.04	$	1.62