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Accounts Receivable
3 Months Ended
Sep. 30, 2016
Accounts Receivable  
Accounts Receivable

Note 6.  Accounts Receivable

 

Accounts receivable consisted of the following components at September 30, 2016 and June 30, 2016:

 

(In thousands)

 

September 30,
2016

 

June 30,
2016

 

Gross accounts receivable

 

$

357,739

 

$

388,460

 

Less Chargebacks reserve

 

(72,346

)

(86,495

)

Less Rebates reserve

 

(34,439

)

(32,189

)

Less Returns reserve

 

(47,864

)

(40,593

)

Less Other deductions

 

(11,532

)

(16,851

)

Less Allowance for doubtful accounts

 

(1,032

)

(610

)

 

 

 

 

 

 

Accounts receivable, net

 

$

190,526

 

$

211,722

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30, 2016, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $198.5 million, $69.5 million, $6.8 million and $15.5 million, respectively.  For the three months ended September 30, 2015, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $88.6 million, $27.8 million, $3.7 million and $6.4 million, respectively.