CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 247,253	$ 224,769
Investment securities	11,870	14,094
Accounts receivable, net	222,986	211,722
Inventories	130,238	114,904
Deferred tax assets	45,375	40,892
Other current assets	7,886	6,434
Total current assets	665,608	612,815
Property, plant and equipment, net	227,053	216,638
Intangible assets, net	470,065	575,503
Goodwill	339,566	333,611
Deferred tax assets	31,782	11,556
Other assets	18,848	13,895
TOTAL ASSETS	1,752,922	1,764,018
Current liabilities:
Accounts payable	43,772	34,720
Accrued expenses	11,662	9,247
Accrued payroll and payroll-related expenses	8,910	10,572
Rebates payable	36,785	21,894
Royalties payable	3,550	5,127
Restructuring liability	5,347	4,130
Settlement liability	8,000	7,000
Income taxes payable	1,483	743
Acquisition-related contingent consideration	35,000	35,000
Short-term borrowings and current portion of long-term debt	178,239	178,236
Total current liabilities	332,748	306,669
Long-term debt, net	867,221	883,612
Settlement liability	9,167	12,526
Other liabilities	7,136	6,754
TOTAL LIABILITIES	1,216,272	1,209,561
Commitments and Contingencies (Note 13 and 14)
STOCKHOLDERS' EQUITY
Common stock ($0.001 par value, 100,000,000 shares authorized; 37,443,721 and 37,150,165 shares issued; 36,838,519 and 36,604,202 shares outstanding at December 31, 2016 and June 30, 2016, respectively)	37	37
Additional paid-in capital	288,906	283,301
Retained earnings	257,119	278,355
Accumulated other comprehensive loss	(257)	(295)
Treasury stock (605,202 and 545,963 shares at December 31, 2016 and June 30, 2016, respectively)	(9,155)	(7,349)
Total Lannett Company, Inc. stockholders' equity	536,650	554,049
Noncontrolling interest		408
Total stockholders' equity	536,650	554,457
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,752,922	$ 1,764,018