CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 241,680	$ 224,769
Investment securities	11,381	14,094
Accounts receivable, net	190,526	211,722
Inventories	127,751	114,904
Prepaid income taxes	22,933
Deferred tax assets	44,001	40,892
Other current assets	7,681	6,434
Total current assets	645,953	612,815
Property, plant and equipment, net	221,343	216,638
Intangible assets, net	501,167	575,503
Goodwill	339,566	333,611
Deferred tax assets	11,879	11,556
Other assets	14,148	13,895
TOTAL ASSETS	1,734,056	1,764,018
Current liabilities:
Accounts payable	43,987	34,720
Accrued expenses	8,289	9,247
Accrued payroll and payroll-related expenses	8,947	10,572
Rebates payable	20,103	21,894
Royalties payable	4,158	5,127
Restructuring liability	4,767	4,130
Settlement liability	9,000	7,000
Income taxes payable		743
Acquisition-related contingent consideration	35,000	35,000
Short-term borrowings and current portion of long-term debt	178,238	178,236
Total current liabilities	312,489	306,669
Long-term debt, net	875,450	883,612
Settlement liability	10,860	12,526
Other liabilities	7,534	6,754
TOTAL LIABILITIES	1,206,333	1,209,561
Commitments and contingencies (Note 13 and 14)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 shares authorized; 37,406,625 and 37,150,165 shares issued; 36,801,759 and 36,604,202 shares outstanding at September 30, 2016 and June 30, 2016, respectively)	37	37
Additional paid-in capital	287,756	283,301
Retained earnings	248,947	278,355
Accumulated other comprehensive loss	(298)	(295)
Treasury stock (604,866 and 545,963 shares at September 30, 2016 and June 30, 2016, respectively)	(9,147)	(7,349)
Total Lannett Company, Inc. stockholders' equity	527,295	554,049
Noncontrolling interest	428	408
Total stockholders' equity	527,723	554,457
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,734,056	$ 1,764,018