Earnings (Loss) Per Common Share (Tables)

3 Months Ended

Sep. 30, 2016

Earnings (Loss) Per Common Share

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

	Three Months Ended September 30,
(In thousands, except share and per share data)	2016			2015
Net income (loss) attributable to Lannett Company, Inc.	$	(29,408	)	$	33,181
Basic weighted average common shares outstanding	36,699,267			36,310,653
Effect of potentially dilutive options and restricted stock awards	—			1,104,071
Diluted weighted average common shares outstanding	36,699,267			37,414,724
Earnings (loss) per common share attributable to Lannett Company, Inc.:
Basic	$	(0.80	)	$	0.91
Diluted	$	(0.80	)	$	0.89