Accounts Receivable

9 Months Ended

Mar. 31, 2017

Note 6. Accounts Receivable

Accounts receivable consisted of the following components at March 31, 2017 and June 30, 2016:

(In thousands)	March 31, 2017			June 30, 2016
Gross accounts receivable	$	416,042		$	388,460
Less Chargebacks reserve	(100,388		)	(86,495		)
Less Rebates reserve	(45,157		)	(32,189		)
Less Returns reserve	(42,287		)	(40,593		)
Less Other deductions	(12,388		)	(16,851		)
Less Allowance for doubtful accounts	(585		)	(610		)

Accounts receivable, net	$	215,237		$	211,722

For the three months ended March 31, 2017, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $247.7 million, $75.9 million, $6.6 million, and $12.6 million, respectively. For the three months ended March 31, 2016, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns and other deductions of $185.2 million, $54.5 million, $3.5 million, and $11.7 million, respectively.

For the nine months ended March 31, 2017, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $664.0 million, $218.9 million, $21.4 million, and $42.0 million, respectively.

For the nine months ended March 31, 2016, the Company recorded a provision for chargebacks, rebates (including rebates presented as rebates payable), returns, and other deductions of $424.9 million, $124.6 million, $14.3 million, and $27.0 million, respectively.